MOTORCYCLE RENTAL INSURANCE

We offer motorcycle rental company insurance coverage solutions through an all-in-one policy that allows you to have all of your coverages under one policy. If you have gaps and exclusions in your current policy, we can offer a true umbrella solution. Examples of coverage include:

• Commercial auto (available in most states): Provides auto liability coverage for your company-owned vehicle or personally-owned vehicle that is primarily used for business purposes.
• Commercial general liability: Provides coverage for injuries and property damage sustained by third parties.
• Equipment coverage: Coverage for equipment, including rentals, used on the job in case of malfunctions or theft.
• Firearms liability (available in most states): Coverage for concealed carry, accidental discharge, and more, for both personal and commercial use.
• Garage keepers legal liability (GKLL): Physical damage coverage for customer’s vehicles in the insured’s care, custody, and control.
• Hired & non-owned auto (not available in all states): Covers expenses for third-party property damage and bodily injury when an accident occurs with a vehicle, used for business purposes, that isn’t owned by the company.
• Personal liability: Personal liability protection in the event of an accident and a claim is made against you.
• Physical damage: This can include damages to the motorcycle arising from accidents and collisions.
• Premises liability: Protects against claims for slips, trips, and falls on the property due to negligence.
• Property coverage: Covers the building and the contents within it from fires, storm or wind damage, vandalism, and theft.
• Renters liability: Covers physical damage to units while being rented and personal liability for the renter. Renters liability is only available if the rental company has purchased general liability through XINSURANCE.
• Active shooter liability coverage: Liability protection in the event of an active shooting taking place at company property.
• Communicable disease coverage: This is a policy enhancement that provides coverage for negligent exposure to any Declared Pandemic Disease or Pathogen, including COVID-19.
• True umbrella / Excess liability: Additional coverage to fill the gaps and exclusions in your existing policy.
• And more: We provide customized coverage solutions so let us know everything you want to have covered and we can find a policy that suits your needs!

Please note that we do not provide workers’ compensation.

There are many risks associated with a motorcycle rental business – you have the risks related to driving a motorcycle and you have the risks involving the rental side of the business.

Dangers to motorcyclists on the road include oncoming traffic, distracted driving, inclement weather, turning at high speeds, and more. Whereas the rental side has risks such as inexperienced riders, potential liability when an accident occurs, theft, and more.

As a business owner or manager, you understand these risks and have probably experienced some issues in the past. It’s important to have insurance coverage that can protect you in the event an incident, accident, or lawsuit occurs. XINSURANCE is an insurance partner that stands by your side and will fight claims with our in-house legal professionals.

Motorcycles operate differently than four-wheel vehicles and require different physical and mental skills. Their unique nature has unique risks and as a result, we see over 80,000 injuries each year. The Insurance Information Institute reports that there were 84,000 motorcyclist injuries in 2019. They also said that “In 2019, motorcyclists were nearly 29 times more likely than passenger car occupants to die in a crash per vehicle miles traveled.”

Fatalities are another statistic worth noting especially since they are on the rise. The National Safety Council says “Fatalities among motorcycle riders and passengers increased 11% from 2019 to 2020, while the rate per 100 million vehicle miles traveled increased by 23%. Over the last 10 years, deaths have increased 20% while death rates have increased 27%.”

At any rate, we all know that accidents can occur at any time. To be prepared for the unexpected, make sure you have liability insurance that can help protect you in the event a claim or lawsuit occurs.

Ridesharing is increasing and competing against traditional rental companies. Many companies offer a more convenient option that allows you to rent or borrow a motorcycle from another person.

The problem with ridesharing apps and companies is that their insurance policy can be lackluster. These policies could be minimal, having gaps and exclusions leaving you exposed. After you book a rental, you can always have us review the insurance policy to identify these gaps. For extra coverage, we can provide a true umbrella policy solution that provides an extra layer of protection so you can ride with true peace of mind.

As a rider, you will want to make sure you have liability insurance in case an accident, incident, or lawsuit occurs. Our all-in-one approach will allow you to have multiple coverages under one policy. If you have gaps and exclusions in your current policy, we can cover those as well. Examples include:

• General liability: Provides coverage for injuries and property damage sustained by third parties.
• Auto liability coverage: Can provide financial protection against property damage and bodily injury in the event of a motorcycle accident.
• Personal liability: Personal liability protection in the event of an accident and a claim is made against you.
• Physical damage coverage: covers physical damage while the unit is being rented.
• Professional liability: Coverage for claims regarding negligent acts and more, if you are an instructor or tour guide.
• True umbrella / Excess liability: Additional coverage to fill the gaps and exclusions in your existing policy.
• And more: We provide customized coverage solutions so let us know everything you want to have covered and we can find a policy that suits your needs!

XINSURANCE is an insurance partner providing specialty liability insurance solutions, powered by Evolution Insurance Brokers, LC (“EIB”), an excess and surplus lines insurance brokerage. We can offer custom solutions despite a claims history or when an individual or business has been denied, canceled, or non-renewed by another insurance carrier.

XINSURANCE is your partner. You’ll know that when the unexpected occurs, that we are a true partner providing insurance solutions and defending you when a claim is made. We offer customized solutions so not only can we fill the gaps of your primary coverage but we can also provide true umbrella coverage.

There many reasons why you choose XINSURANCE over other insurance carriers but here are some highlights:

• We are your insurance partner. XINSURANCE will stick with you when others will not. We will stand by your side and fight for you when lawsuits and claims occur.
• We provide true coverage. We offer customized insurance solutions and can fill the gaps and exclusions if you have an existing policy. Don’t leave yourself exposed, let XINSURANCE protect you.
• We have decades of experience. We have helped thousands of people like you for decades, providing protection 24/7 in all 50 states.
• Extraordinary claims results. We’ll work together to handle the case expeditiously and reach a thoroughly investigated and fair outcome.