Bicycle Rental

How can we start a rental business of electric bicycles in the U.S.? How do I know what my responsibility is it? What kind of insurance do I expect? What kind of liability waiver form should I use?

Definitely want to talk to a lawyer about the rental and a properly worded disclaimer. You could probably find some samples online, but I do not know if I might had written myself and make a mistake because your business depends on people riding these bikes all day ...

We conduct an electric bike shop in Plymouth, MI ( http://www.eco-wheelz.com). Although we do not offer rentals, our insurance covers the test tower up to 500 feet from our property. You'll probably need a special type of insurance for a rental company, then maybe you should talk to an insurance agency (before the lawyer) because it does not hurt to talk to a company of insurance ...

The suggestion of the previous offer of Mackinac Island seems a good suggestion. But we have actually done research on this (since we're only a few hours away in MI) and they do not allow motorized vehicles of all kinds. This includes bicycles and electric scooters ...

The key is to start such a business in a place where electric bikes would be in high demand, but at the same time, not an urban area with a lot of crime and vandalism. A place like Mackinac Island, where there are no cars and tourists arrive by ferry, it would be perfect because there are many hills and not everyone feels like riding a bike or scooter manual noisy everywhere. In addition, the bicycles would be difficult to steal because its really hard to stick a bike in plain view with your company logo on this subject under their shirt or put it on the boat tale. For insurance, start with companies that provide insurance as they would probably have a similar program for your business. Regarding liability, a lawyer who specializes in injury lawsuits and have them write a liability waiver form specifically for your company must at all costs about $ 300 - $ 500. You can get insurance for your company to many businesses, but start by major insurers already offer homeowners insurance because they will probably provide insurance business as well.