Insuranks

Scooter Rental Insurance: Cost & Quotes From $30/mo

Table of contents
1. General Liability Insurance for Scooter Rentals 1.1. Add-Ons to General Liability Insurance for Scooter Rentals 1.2. Coverage Limits of General Liability Insurance for Sc ooter Rentals  2. Public Liability Insurance for Scooter Rentals  2.1. Coverage of Public Liability Insurance for Public Liability Insurance for Scooter Rentals2.2. What Are the Most Common Public Liability Claims?3. Product Liability Insurance for Scooter Rentals  3.1. What Are the Coverage Limits for Product Liability for Scooter Rentals?4. Commercial Property Insurance for Scooter Rentals4.1. Coverage Limits for Commercial Property for Scooter Rentals 4.2. Add-Ons for Commercial Property Insurance for Scooter Rentals5. Business Owner’s Policy for Scooter Rentals  5.1. Coverage Limits to Business Owner’s Policy for Scooter Rentals 5.2. What Add-Ons Do I Need for Business Owner’s Policy for Scooter Rentals?6. Tools and Equipment Insurance for Scooter Rentals 6.1. What Are the Coverage Limits for Tools and Equipment Insurance for Scooter Rentals?6.2. What Add-Ons Are Worth It for Tools and Equipment Insurance for Scooter Rentals?7. Workers Compensation Insurance for Scooter Rentals  7.1. Where Do I Get Workers’ Compensation Insurance?8. Scooter Rental  Insurance Cost9. Best Scooter Rental Insurance Companies9.1. NEXT Scooter Rental Insurance 9.1.1. Pros9.1.2. Cons9.2. The Hartford Scooter Rental Insurance 9.2.1. Pros 9.2.2. Cons: 9.3. CoverWallet Scooter Rental Insurance 9.3.1. Pros9.3.2. Cons9.4. Tivly Scooter Rental Insurance 9.4.1. Pros9.4.2. Cons9.5. Thimble Scooter Rental Insurance 9.5.1. Pros9.5.2. Cons9.6. Hiscox Scooter Rental Insurance 9.6.1. Pros 9.6.2. Cons

Scooters are as good as bikes when touring cities or holiday spots. According to Statista, the e-scooter-sharing market is expected to reach 134 million users by 2027. If you run a scooter rental business, you will want to maintain an insurance policy that can adequately protect your business from liability costs. The goal of this article is to explain the components of scooter rental insurance and explore topics that include:

  • Inclusions of a scooter rental insurance package

  • Their coverage limits

  • The cost of scooter rental insurance

  • The best companies

General Liability Insurance for Scooter Rentals 


CoverWallet NEXT (Best)Thimble HiscoxThe Hartford
Per occurrence limit $1,000,000$1,000,000$1,000,000/$2,000,000$300,000/$1,000,000$1,000,000/$2,000,000
Aggregate limit $2,000,000$1,000,000/$2,000,000$1,000,000/$2,000,000$300,000/$2,000,000$1,000,000/$2,000,000
Products and completed operations aggregate limit $2,000,000
$1,000,000$1,000,000$1,000,000$1,000,000
Advertising injury coverage aggregate limit $1,000,000$1,000,000$1,000,000$1,000,000$1,000,000
Tenant’s legal liability coverage limit $100,000
$100,000$5,000$100,000$1,000,000
Waiver of subrogation included?YesNoIncludedCan be includedNo
Hired/non-owned auto liability coverage included?YesNoExcludedCan be includedCan be included
Equipment breakdown floater included?No YesYesCan be includedCan be included


General liability coverage adds third-party injury or property damage protection to your scooter or e scooter rental insurance. Some examples of when to use this coverage include:

  • A member of the public wanders onto your business property and trips, causing injury to themselves

  • A scooter causes a pedestrian to get a broken bone due to a collision that is determined to be your company's fault


Add-Ons to General Liability Insurance for Scooter Rentals 

If you want to customize your general liability insurance, you can add product liability insurance. This policy will allow you to get covered when a malfunctioning scooter causes injury or damage to a third party.


Coverage Limits of General Liability Insurance for Scooter Rentals 

General liability will have a $1 million per occurrence limit and a $2 million aggregate limit.


Public Liability Insurance for Scooter Rentals  

Public liability offers similar coverage to general liability but is limited to claims from the general public. It provides coverage for mishaps that happen to the public in connection with your business. Some examples of when to use this policy include:

  • One of your scooters causes a pedestrian to trip over it, injuring their back and requiring medical treatment

  • A visitor to your commercial property claims to have lost their personal property at your business


Coverage of Public Liability Insurance for Public Liability Insurance for Scooter Rentals

Public liability coverage generally has a $1 million per occurrence and an aggregate limit of $2 million.


What Are the Most Common Public Liability Claims?

People tripping, slipping, or falling is the most common class of public liability claims. These incidents can cause bodily injury but can also cause property damage as well.


Product Liability Insurance for Scooter Rentals  

Product liability insurance can be a critical component of your scooter hire insurance because it provides protection against claims resulting from the manufacture, design, or marketing of your scooters. Examples include:

  • A manufacturing defect in your scooter causes a customer to crash and injure himself

  • You receive a lawsuit for a scooter design flaw and need to defend your business legally


What Are the Coverage Limits for Product Liability for Scooter Rentals?

A standard product liability protection covers $1 million per occurrence and $2 million in aggregate coverage.

Compare Cheap Scooter Rental Insurance Quotes Online

Get all the best quotes from leading providers in a click of a button!

Commercial Property Insurance for Scooter Rentals


CoverWalletNEXT (Best)ThimbleThe HartfordHiscox
Building coverage limit (minimum)$50,000$340,000$25,000/$500,000$35,000$25,000
Contents coverage limit (minimum)$50,000$35,000$25,000/$500,000$35,000$15,000
Outdoor signsExcluded$2,500ExcludedExcludedIncluded
Accounts receivable ExcludedExcluded$5,000/$10,000ExcludedIncluded
Money and securitiesExcluded$2,500$1,000ExcludedIncluded
Lock and keys Excluded$2,500ExcludedExcludedIncluded
Business interruption floaterExcludedIncludedIncludedExcludedIncluded
Equipment breakdown floaterExcludedIncludedExcludedExcludedIncluded
Inland marine insurance floaterExcludedExcluded$10,000ExcludedExcluded
Employee dishonesty floaterExcluded$5,000$2,500ExcludedExcluded


Commercial property insurance protects your commercial and business property when it gets damaged or needs replaced. Some examples include:

  • Your scooter rental commercial property gets damaged by a lightning and needs repairs.

  • A thief steals one of your scooters from your commercial property


Coverage Limits for Commercial Property for Scooter Rentals 

Commercial property insurance often has a limit of $60,000 for businesses. However, the actual value of your property will determine how much coverage you can get for it.


Add-Ons for Commercial Property Insurance for Scooter Rentals

Business interruption insurance is an add-on to the commercial property policy of your moped rental insurance. While commercial property protects from physical damage, business interruption protects against loss of profits due to downtime caused by fire, theft, vandalism, and other covered perils. 


Business Owner’s Policy for Scooter Rentals  


CoverWalletNEXT (Best)Thimble The HartfordHiscox
General liability aggregate limit $2,000,000$1,000,000/$2,000,000$1,000,000/$2,000,000$1,000,000/$2,000,000$300,000/$2,000,000
Commercial property coverage limit $50,000$320,000$25,000/$500,000$35,000$75,000
Optional policies can be added?YesYesYesYesYes
Name additional insureds for free?YesYesYesYesYes
BOP discount?YesYesYesYesYes


Business owner’s policy combines general liability and commercial property, which you can then add on more coverage if necessary. Situations to use this insurance include:

  • Your company gets accused of libel, and you must defend yourself in court

  • Your business property is defaced by vandalism and needs to be repaired


Coverage Limits to Business Owner’s Policy for Scooter Rentals 

Business owners’ policy coverage has a typically aggregate limit of $1 million for liability coverage and $25,000-$50,000 for property coverage. 


What Add-Ons Do I Need for Business Owner’s Policy for Scooter Rentals?

You might want a commercial crime insurance policy to add on, which provides protection for things like employee dishonesty, forgery, and computer fraud.


Tools and Equipment Insurance for Scooter Rentals 


NEXT ThimbleHiscoxThe Hartford
Aggregate limit$3,000/$10,000$2,500/$5,000$15,000/$25,000$5,000-$10,000
Covers hired and borrowed equipment?$3,000/$10,000$2,500/$5,000NoYes
Miscellaneous equipment also covered?$5,000/$10,000NoYesYes
Offered as an endorsement to general liability insurance?YesYesYesYes
Deductible$500$500$0$0


Tools and equipment insurance provides protection for your business tools or equipment even when they are not on your commercial business property. Examples include:

  • Tools that you use to maintain your scooters get stolen and need to be replaced

  • A lightning causes some scooter equipment to need repairs to get back into working order


What Are the Coverage Limits for Tools and Equipment Insurance for Scooter Rentals?

A typical coverage limit for tools and equipment policy is $10,000 per scheduled item on the policy. 


What Add-Ons Are Worth It for Tools and Equipment Insurance for Scooter Rentals?

Some add-ons you might want for tools and equipment are outlined below.

  • Equipment breakdown coverage–Protects your business when a piece of equipment breaks down or malfunctions

  • Inland marine insurance–Protects your equipment when it is transported on land by a truck or a train

  • Leased or rented items coverage–If you are renting or leasing equipment while you wait for repair, this coverage can help pay for it


Workers Compensation Insurance for Scooter Rentals  

Workers’ compensation insurance is a policy that offers benefits to your employees when they get injured or ill while on the job. You use workers compensation insurance to provide benefits for hospitalization, medication, rehabilitation, lost wages, and death. Coverage examples of this insurance are listed below.

  • An employee is maintaining the scooters when they hurt their back while bent over

  • A scooter malfunctions and causes an employee to fall and break their leg


Where Do I Get Workers’ Compensation Insurance?

In the majority of states, you get workers’ compensation from a private insurer. However, in the states of Ohio, Wyoming, Washington, and North Dakota, the government has a monopoly on this market. This means you get a workers’ compensation policy fulfilled by the state.

Rank and Review Insurance Companies

Help others make better decisions

Show more

Scooter Rental  Insurance Cost


Cost per MonthCost per YearDeductible
General liability insurance$52$624$0-$500
Commercial property insurance$100$1,200$1,000-$2,000
Business owner's policy$152$1,824$1,500
Tools and equipment insurance$55$660$500-$1,000
Workers compensation insurance$113$1,356$500-$1,000


The average scooter rental insurance cost is $52 per month or $624 per year for a $1 million general liability coverage. Factors that affect the cost of premiums are location, deductibles, policy limits, revenues, claims history, and business history. Here’s a table showing the rates of companies we recommend:


Cost per MonthCost per YearBest for
NEXT$30$360Best overall; Fastest general liability insurance for scooter rentals
CoverWallet$35$420Comparing scooter rental insurance quotes online
Hiscox$36$432Small scooter rental businesses
The Hartford$44$528Scooter rental insurance from a company with excellent customer satisfaction rating
Tivly$46$552Comparing scooter rental insurance quotes over the phone
Thimble$48$576On-demand scooter rental insurance

Compare Cheap Scooter Rental Insurance Quotes Online

Get all the best quotes from leading providers in a click of a button!

Best Scooter Rental Insurance Companies

Now you know what components comprise scooter rental business insurance, like general liability, product liability, and commercial property insurance. Below are some of the companies we recommend. Read some of the reviews below to know their pros, cons, and average cost of a $1 million general liability insurance.


NEXT Scooter Rental Insurance

Pros

  • Best overall

  • Issues an online proof of insurance instantly

  • Fastest general liability insurance for scooter rentals

  • Great customer service and reputation

  • Excellent rates

  • Outstanding value for money

  • Get a 10% discount if you buy two or more policies

Cons

  • Couldn’t find any

NEXT has a range of different policy options for scooter rental insurance. You can get general liability, commercial property, tools & equipment insurance, and more. They are experienced in over 1,300 professions and have a strong A- financial ranking from AM Best.

Best for: Best overall; Fastest general liability insurance for scooter rentals

Average cost: $30 per month

Our rating: 10/10


The Hartford Scooter Rental Insurance

Pros

  • A renowned company for workers compensation insurance

  • Covers customers with poor business profiles

  • Up to $5 million coverage limit if you file a request

  • Easy to file your policy online

Cons:

  • No Hawaii coverage

The Hartford has over 200 years of experience in the insurance industry and an A+ rating with the Better Business Bureau. They have policy components you need, like business owner’s policy, worker’s compensation, and commercial property insurance. The company writes $11 billion in premiums every year.

Best for: Scooter rental insurance from a company with excellent customer satisfaction rating

Average cost: $44 per month

Our rating: 10/10


CoverWallet Scooter Rental Insurance

Pros

  • Handy dashboard to track your purchases and claims

  • Lets you comparison shop your policies

Cons

  • Not a provider

CoverWallet has general liability, business owner’s policy, commercial property policies, and other vital components of an excellent scooter insurance policy. They cover 48 states and maintain an A+ rating from the BBB. The company is notable for its digital marketplace exchange that makes comparison shopping easier.

Best for: Comparing scooter rental insurance quotes online

Average cost: $35 per month

Our rating: 10/10



Tivly Scooter Rental Insurance

Pros

  • Over 200 partners to get insurance from

  • Quote process is quick

Cons

  • Doesn’t have a mobile app

Tivly a tech-based insurance platform with a selection of over 200 partners for you to compare options from. They have policies like commercial property, general liability, product liability, and more. Tivly has 20 years of experience in the industry and an A rating from the BBB. Call now to compare quotes over the phone.

Best for: Comparing scooter rental insurance quotes over the phone

Average cost: $46 per month

Our rating: 10/10


Thimble Scooter Rental Insurance

Pros

  • Easy to use insurance app

  • Lots of first-time customers

Cons

  • Limited customer support options

Thimble is a company that covers a wide range of different professionals that focuses on people that want their policy quickly. They have all of the policies a scooter rental company will want, like general liability, business equipment insurance, and worker’s compensation. Thimble’s app received a highlight from Forbes magazine.

Best for: On-demand scooter rental insurance

Average cost: $48 per month

Our rating: 10/10


Hiscox Scooter Rental Insurance

Pros

  • Tailored policies for small businesses

  • Can get a discount when you bundle multiple Hiscox policies

Cons

  • Some policies require talking to an agent to make changes

Hiscox is a small business focused company that offers insurance policies that are tailored for your business. They lack some policy options but have great policies for general liability and workers’ compensation. Hiscox has an A rating with Am Best and over 100 years of experience in the insurance industry. The company employs specialists that promise to get back to you within one day of you filing for a policy.

Best for: Small scooter rental businesses

Average cost: $36 per month

Our rating: 10/10


Recent Reviews

Recent Posts