Anyone know how it would effect my own insurance knowing that random people will be driving my car on top of the extra mileage? Also what about extra maintenance involved with renting out my car, are there any incentives from Getaround concerning this ? Another concern would be that, yes in general people that rent cars may not be as responsible with their rental as their own car.
Getaround comes with insurance, so while being rented your own insurance is unaffected! As far as maintenance costs, you set your car's own price per hour, so you can decide how much your extra maintenance costs will be.
* Have you ever dealt with a major insurance claim? Even if you were renting out your car for $100/hour, that won't compensate for the headache you will be in for when your renter rear ends a brand new Mercedes-Benz and sends the passengers to the hospital.
* Think beyond insurance. What are you going to do when you receive a parking ticket or red light camera violation in the mail that a renter was responsible for? In the case of the parking ticket, you're on the hook no matter what.
* Even worse, if your renter is involved in an accident that's reported to Carfax, the resale/trade-in value of your car could plummet.
* There are no incentives great enough to compensate for all of the possible extra maintenance and repairs you may have to deal with. Depending on the make and model of your car, even a small ding or scratch could cost hundreds if not thousands of dollars to repair.
Consider, however, that every time you rent your room on AirBnB you open up yourself to as many problems (what if they steal from you; what if they damage your room; what if they cause a fire) and yet that hasn't stopped AirBnB from being a smashing success.
There's little point in opinionating on their chances of success. So far the signup rates seem to be fantastic and whether they're successful or not will become evident with time. We just have to wait a little.
