How To Get Commercial Fleet Insurance For Car Rental Business

In this video I breakdown your best options for commercial insurance on your car rental fleet.

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[mprfrmdao]

This game is unbelievable useful. I really can’t express how grateful I am for this.

[chrisvargo]

This insurance company doesn’t work in Oklahoma do you happen to know of any of other insurance companies? I have literally been banging my head on the wall with phone call after phone call with a dead end.

[Marogang]

So how do I kno what year ? What miles are the bare minimum & if I drive offfthe lot do I need personal insurance then put rental insurance?

[cwiley]

Great video I just subscribed and also have Lula and just posted three cars on Fleetio...That knowledge was Such a pluckn blessing

[РишатГареев-хю]

Thank you for video, but Lula can coverage only to 75000$ cars, can you recommend guys different companies?thanks

[hemanshubahl]

what percentage do you use for platforms like Turo? 90 or 75 etc?

[JavierLezama]

Hey Mike. Lula doesn't cover private rentals anymore as of late 2023. What commercial insurance are you using now days? I can't find one for my fleet, Lula was the only one but now they are not covering private rentals! 😐

[fabioespinal]

How can you sell additional coverage to renters?

Example:

Supplemental Liability insurance

Collision Damage Waiver etc

[lajuanhance]

if im just starting turo and have a llc structured and have my car paid off should i switch to commercial insurance just for that one car starting off ?

[nneewwll]

I'm sorry Lula is too expensive they asking $150 per car per month. The rep who I spoke to wasn't even willing to negotiate a lower price so that's a no from me. There are cheaper options out there like GMI or get a dealer's license and use the insurance from your AFC floor line. I'm not s fan of promoting Lula.

[bmosofit]

Great video. Plz can share Where do you run driver license

[myclearview]

Hi Mike, I just watched you video. WOW. I have a fleet of 8. From 2000 to 2006 model. 70K- 250K millage. I am out of anybody´s range for coverage, even Lula for most of my cars. I only require non-owner policy and release of liability. Business is great, 18 months young BUT...

[germandominguez]

Hi Mike, when you say $75k liability limit you mean it by car or the complete fleet?

[djlyfe]

What about classic cars? Good video Bro!👊

[iamjuicemanntv]

just tried to sign up they asked for five cars minimum to get a quote and I have a nice car at 140, 000 miles can’t get approve trying to talk to someone what do you suggest

[jakeformisano]

When you rent to the person your renting to on a private rental how does there insurance coverage the car ? Does it have to be in the rental agreement that there insurance will be used and not mine ?

[rusn]

Yeah liberty mutual kick them off they were filing too much claims so now they’re working with the travelers

[sdavy]

Who do you recommend for general liability insurance?

[carolyncorbett]

Hey Mike, I've been searching for a year now and I came across your video! Thank you so much for Sharing this information. I'll follow up soon. Thanks again, Carolyn

[lorvensleyrichemond]

Mike what are 5 ways you advertise your rental cars?