FAQ About Insurance
Will my current insurance policy respond if I have a loss while renting my vehicle?
What if I rent my car and bypass CLUB SHARE L-GARAGE?
What if the unthinkable happens, and the car is damaged?
How does the roadside service work?
Who sets the insured value?
How does insurance work?
While we cannot speak to the language in all automobile policies, many policies contain an exclusion if the vehicle is being rented to another for a fee. When a vehicle is being rented through CLUB SHARE L-GARAGE, our insurance policy provides both liability and physical damage coverage for the vehicle for the entire rental period subject to the policy terms, conditions and exclusions.
Renting your vehicle outside of our platform will not afford you any coverage under our policy.
We insure every vehicle for full replacement cost of agreed upon value. Insurance is provided by The Princeton Excess and Surplus Lines Insurance Company, Princeton, New Jersey.
CLUB SHARE L-GARAGE provides the most comprehensive roadside service on all vehicles while being rented. This roadside assistance is included with every rental at no cost to the owner or renter.
This service is provided through Hagerty Roadside® and includes:
- Guaranteed flatbed towing with soft straps
- Dispatch operators who understand and care about classic cars
- 24 hours a day, 7 days a week coverage
- Dispatch for lockouts, battery jumps, tire changes & emergency fuel delivery
In the account settings section for owners, you can enter your desired drop off location for the vehicle.
The vehicle's insured value is set by the owner and agreed to by CLUB SHARE L-GARAGE prior to listing on the platform. Values are verified using the Hagerty Value Guide and top industry vehicle valuation tools. In the event of a total loss, you will receive up to the value listed on the CLUB SHARE L-GARAGE platform. No depreciation. No messing around. No hassle.
CLUB SHARE L-GARAGE has purchased a commercial auto policy that provides liability coverage for both bodily injury and property damage for the rental period. This coverage is subject to the terms, conditions and exclusions of the policy. Under this policy, the owners are afforded comprehensive and collision coverage up to the value listed on the website subject to the terms, conditions and exclusions of the policy.