3 ms·
That's not even the worst of it. Not even a million-dollar policy would save you from the effects of renter having a serious accident: http://www.investopedia.c
by deegles 11y ago
That's not even the worst of it. Not even a million-dollar policy would save you from the effects of renter having a serious accident:
http://www.investopedia.com/articles/personal-finance/101013/beware-liability-sharing-your-car-strangers.asp http://www.investopedia.com/articles/personal-finance/101013...
In the above case, the survivors sued the car-sharing company, the estate of the (deceased) driver, and the vehicle owner. I would not expose myself to that kind of liability without very well established law around it.
- blazespin 11y agoPretty sure BMW would manage this.
- ghaff 11y agoPerhaps manage in the sense of providing legal representation, indemnifying, etc. However, I would still be concerned with having to deal with the hassle (if nothing else) of dealing with a lawsuit--especially if there were the remotest possibility of criminal charges related to maintenance or whatever.
- intrasight 11y agoLet's assume BMW owns the car and insures the car and puts their plates on the car. You then have no association with that car when you are not driving it.