2 ms·
Summary: new startups enable mildly illegal markets to operate at a large scale making you feel less illegal because, hey, like, everybody is doing it. There's
by seiji 14y ago
Summary: new startups enable mildly illegal markets to operate at a large scale making you feel less illegal because, hey, like, everybody is doing it.
There's a good chance renting your place and car violates your homeowner's insurance, lease agreement, and/or car insurance.
- TheAmazingIdiot 14y agoOr perhaps better phrased: YOU are the next business externality. The name of the game now is how businesses can pay you a pittance and get you to take loads of risk. I need only speak of the lady who's car was involved in a fatal accident. It was her car, driven by someone who paid her for the time. Who's at fault?
- crusso 14y agoFor that case in particular, you're talking about a new business model that uses an insurance and liability model that might not be suited for it quite yet. That case hasn't been decided and the only article I saw on it just was warning about possible problems.