Liabilities for loaning/renting out a car
May 13, 2005 10:10 AM Subscribe
What legal issues exist for loaning out or perhaps even renting out a car that you own?
posted by wildblueyonder to travel & transportation (7 answers total)
I have a vehicle that I may not be using for a few months. I've considered trying to rent its use for a low price or perhaps even simply lending it for free to someone in need. I'm concerned about liability issues, however. Am I, as the owner, responsible for damage/injury caused by the vehicle if someone else is driving it?
Can requiring a loanee to carry insurance or having them sign something indicating responsibility cover me?
Or would I just want to make sure I've got liability on the car myself, no matter what?