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Three Risk Management Tips for the Campervan Rental Provider

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Today’s tourists demand more independence when they travel. Motorhomes offer the freedom to go wherever you want to on holiday, making them a popular choice these days. If you are thinking about entering this market and starting your own campervan hire agency to take advantage of this trend, there are a few important considerations to make so you reduce your risk as much as possible. After all, you are liable for the condition of the vehicles you rent out as well as your customer’s health while on the road.

Maintain Your Fleet

Once you have chosen which motorhomes you are going to purchase for your new rental firm, you will then have to ensure each one is kept in its optimal condition. There are a number of campervan maintenance techniques you can do yourself. Just make sure you conduct these on a regular basis to reduce risks and ensure any problems are noticed and dealt with quickly:

  • Wash the exteriors using mild soap and water
  • Wax the outside of the campervan regularly
  • Wipe off black streaks using suitable cleaner
  • Look for water damage like cuts, warping & rust
  • Keep organic debris off the motorhome’s roof

You will also have to take your campervans in for a service on a yearly basis to ensure the engine and all mechanical systems are working in the right manner. In this way, you can then rent these vehicles to your customers safe in the knowledge that they won’t simply breakdown along the way.

Take Out Insurance

There is always potential for disaster though, regardless of how careful you are. To avoid potential calamity though, the law often requires renters to take out some sort of coverage that will take care of:

  • Physical damage caused in an accident
  • Injuries of the driver and/or passengers
  • Third party harm done to other people

Since you are renting these motorhomes, you will need to find a special policy that is applicable to vehicle leasing firms. You won’t be driving on your own so your chosen coverage will have to include anyone who takes the RVs out on the road. The good news is you can find specialist campervan insurance quite easily online. These plans will help protect you and your customers in case an accident occurs while they are out on their road trip. This will prevent you having to pay for any damages out of your own pocket or being sued by an injured passenger or bystander for the actions of those driving.

Measure All Customers

Lastly, it’s essential that you gauge the reliability of anyone wishing to rent one of your vehicles before you agree to lend it out to them. This means you should ask for certain details and documentation that proves they are trustworthy enough to take your motorhomes out on holiday and return them in the same condition. While there is no way to completely eliminate the risk here, at the very least you can choose to implement a number of campervan rental requirements for your customers. While these can vary from company to company, here are a few suggestions that you can use when sorting out who is reliable and who isn’t out of your potential renters:

  • Always ask for some proof of age
  • Request a valid driver’s license
  • Get their credit card details
  • Enquire about their insurance coverage

If possible, take out a virtual deposit from their credit card before they drive the vehicle out of your rental lot. If they return it with additional damage, you can then deduct the repair costs from this deposit. If the vehicle is in perfect condition, you can return 100% of what you’ve taken out. It is as simple as that to minimise the dangers of allowing a complete stranger out with one of your valuable campervans.

By following all of this advice, you will be able to set up your new motorhome rental firm without worrying about the risks involved. Your vehicles will be in excellent condition, you will be fully insured and all your customers will be reliable. After this, you can confidently start advertising and bringing in the sales without putting yourself or your company in any financial or legal danger.

The post Three Risk Management Tips for the Campervan Rental Provider appeared first on myglobal-success.com.


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