J1993
Well-Known Member
My trailer is hardly going to get used this summer and I was thinking of hiring it out? Does anyone do this and what insurance do you use?
Hiring own trailer out
- Thread starter J1993
- Start date
rabatsa
Confuddled
Do you want your trailer wrecking? My advice is don't.
J1993
Well-Known Member
I was only going to hire it to friends or friends of friends. But would rather have an insurance in place in case that happens.
limestonelil
Well-Known Member
You might try searching for previous threads on this topic, then you'll find out why it isn't a good idea, even for friends. I can't easily recall anyone who didn't have a horror story, nor anyone who made any money!
AmyMay
Situation normal
I’m pretty sure you have to have a special license to do this, as well as specific insurance.
Melody Grey
Well-Known Member
Presumably you’d need something to guarantee the road worthiness and safety of the trailer for commercial purposes?
AmyMay
Situation normal
I believe so.
brighteyes
Pooh-Bah
Insurance won't cover the full cost of repairs and the extra you'll have to pay will swallow up any 'profit' you might hope to make.
I'm Dun
Well-Known Member
Big companies manage to do it, so it cant be that difficult and I cant imagine they make a loss or it would be a no go for them.
ycbm
Einstein would be proud of my Insanity...
Big companies sue people for the damage caused if they don't pay up willingly. The OP could be faced with suing friends and family.
.
Tiddlypom
Carries on creakily
It'll get bashed and smashed about. People will forget to secure jockey doors, top doors, the partition. They'll reverse their vehicle into their trailer hitch, they'll have worn tow balls set at the wrong height, their horse will kick seven bells out of it, they'll return it filthy.
If that all still appeals, then do your costings carefully.
Even if insured, the cost of the excess and the decrease in value of the trailer after getting battered will wipe out any profit.
If that all still appeals, then do your costings carefully.
Even if insured, the cost of the excess and the decrease in value of the trailer after getting battered will wipe out any profit.
I'm Dun
Well-Known Member
Not that I'm aware of, and horsey people are usually quick to start shouting about things like that. Within 20miles of me there is 3 horseboxes for hire, 1 by a small company and 2 by owners who rent it out as a side line, and 1 trailer for hire. Theyve been running for at least 2years, one for over a decade.
They put a £500 charge as a deposit on your card when you collect which is the insurance excess.
J1993
Well-Known Member
Thanks some other stuff came up that I didn't think of. Maybe I will just stick to letting the odd friend use it! I thought having an insurance might cover for any damage but then it sounds like too much hassle. I had searched threads but it was people looking to hire a trailer more than hire their own out. But thanks everyone
Pearlsasinger
Up in the clouds
Quigleyandme
Well-Known Member
I’ve never done hire and reward but anytime I took friends somewhere in my lovely, new Kevin Parker 7.5 they would treat it like a bin and never once offered to come over to help with cleaning up their spilt drinks, discarded food, used crockery, rubbish, general detritus and horse’s dung after I had dropped them off. I recall taking my friend’s children to a children’s show on my only day off. It was pouring with rain but friend assured me they really, really wanted to go. The kids refused to ride but happily queued in the rain for a burger. Lorry got stuck in the mud, had to be towed and later have the chassis professionally power washed and re-greased. Friend pointed to an old hunting box at the show and said they used to have one like that and it never got stuck. Exactly the same with my cordless clippers. Always returned clogged, blunt and filthy I wouldn’t do it.
Keith_Beef
Novice equestrian, accomplished equichetrian
Surely it would not entirely be unearned income? Rent might be unearned, but there is also work involved in cleaning out the trailer, inspecting it for road worthiness.
Wouldn't OP also be required to completely disinfect the inside of the trailer between customers?
Errin Paddywack
Well-Known Member
Someone I knew borrowed a virtually new trailer to take their mare and twin foals to a vet hospital. Drove under a bridge that was too low and wrote off the trailer. Not sure how that ended for the trailer owner but not well I believe.
ester
Not slacking multitasking
I don't think it still exists anymore but there used to be 'rent my horsebox' which supposedly covered insurance etc.
Friend did this, lorry got reversed into a post, lorry was out of action for most of the show season as a result.
Friend did this, lorry got reversed into a post, lorry was out of action for most of the show season as a result.
rabatsa
Confuddled
A friend borrowed my trailer to take her pony to the vets. Pony had a tantrum and my nearly new trailer was scratched and dented for the rest of its days.
Now if anyone wishes to borrow my trailer it has to be on my car. My car is only insured for two named drivers and one of us has to drive it. I have only been available when it is for transporting RDA ponies.
Now if anyone wishes to borrow my trailer it has to be on my car. My car is only insured for two named drivers and one of us has to drive it. I have only been available when it is for transporting RDA ponies.
rabatsa
Confuddled
No just gave my Dad a bottle of whisky for the use of it. He had not seen the state of it at that point though.