Cooke rental insurance?

[MNpowderfiend]

We are bringing some newbies to Cooke next month, and they are renting sleds from Rick and Bob and whoever. A couple of them are being told they can't get insurance from Rick/Bob/whoever in Cooke or from their local homeowners insurance agent here in MN without buying the sled.

Anyone with experience with this? I don't blame the newbies for wanting insurance on a $10k machine, I would want it.

Eric

 

[Travelgirl]

I'm interested in this too. We are going out there in Feb and were hoping to get the ins covered by ours here which is Travelers. I thought you could get it through whomever you rent from but it was something crazy like $50 a day. Ouch on top of the 250 to rent!

Edit: When are you going? We'd love to have more ppl to ride with!

 

[Bacon]

No insurance on rentals in Cooke. Been that way for as long as I can remember. Swipe the credit card and hope you don't have to buy a sled at the end of the day.

 

[MNpowderfiend]

Good times...

We'll be there riding the 6th, 7th, 8th of Feb.

Eric

 

[Travelgirl]

Oh we'll be there 15th -20th. Have a great time and be safe!

 

[Hardass]

Yep be ready to pay through the nose if you wreck it. I could not ride with that knowledge in my head. Wrecks happen what kind of out fit does not offer insurance?

 

[cubby]

So say you do wreck one and you have to (buy it) on the old CC do you have the choice of owning the sled then or just have to pay for it to get fixed?

 

[hd4rob]

You guys need new insurance agents. Call your agent with the vin and get a binder incase anything happens, usually no charge from your agent. If you wreck it, just get a bill of sale for purchase and pay you insurance premium, just make sure you do this before you wreck it.

 

[hd4rob]

So say you do wreck one and you have to (buy it) on the old CC do you have the choice of owning the sled then or just have to pay for it to get fixed?

Both, decided by severity of damage. When renting in Cooke or anywhere, look the sled over with whomever you rent from and make note of any damage before you take possession, if not you will be fixing someone elses mistake. Double check track for any lug damage, that has been a stickler for many.

 

[CANNONMAN]

Fraud and a felony!

You guys need new insurance agents. Call your agent with the vin and get a binder incase anything happens, usually no charge from your agent. If you wreck it, just get a bill of sale for purchase and pay you insurance premium, just make sure you do this before you wreck it.

 

[CANNONMAN]

Virtually impossible to get collision coverage on rental sleds today. The first 2 years we rented sleds we could offer full coverage for $46 a day on anything we rented. Then last year it went to nothing larger than a 600. This year can't even find anyone to write any coverage at all. Sucks, but it is what it is. If I had to rent I would pay whatever they charge as we all know it is very easy to wreck these rigs. As a lodge that used to rent it is a PITA to get people to own up to damage they caused. Best bet, buy sled from rental company PRIOR TO RIDING insure with your own agent and then sell it back to them when done and cancel ins.

Yep be ready to pay through the nose if you wreck it. I could not ride with that knowledge in my head. Wrecks happen what kind of out fit does not offer insurance?

 

[Quinlan]

I've rented from Bob in Cooke a number of times, always with NO option for insurance as you mentioned. He's always been very good to deal with and understands normal wear and tear will happen. He was also understanding when I got off the mountain late one night and kept the sled at the lodge overnight instead of returning it to the shop (oops...thanks Bob!).

I will say that I feel I rode a little restricted knowing I could be cutting a check for a totaled sled if something goes wrong. By doing so, I have never had any wrecks while renting but still had fun riding.

It's all part of the game. You can play what you're dealt, or wait for a better hand elsewhere...

 

[Cobalt 200]

I am under the impression from my local insurence agent in WI, that my insurence on my current machine follows me. If I were to rent a sled anywhere, the insurence i currently have would cover the rental machine. Is there some special exception for Cooke City that i am unaware of?

 

[diggerdown]

I am under the impression from my local insurence agent in WI, that my insurence on my current machine follows me. If I were to rent a sled anywhere, the insurence i currently have would cover the rental machine. Is there some special exception for Cooke City that i am unaware of?

I've asked my insurance agent about it and he said there is no way to cover a rental sled. Thats why we usually bring one of my 900's along as a spare!

 

[adamsrider]

Being an insurance agent, I don't believe any insurance would extend from your sled that you own, liab or physical damage. But every company has diff rules so it would be best check with your insurance carrier.

 

[MNpowderfiend]

You gotta love dishonesty with insurance, it drives up the rates, or in this case, insurance companies completely back away from it knowing they will never make a cent.

Nice.

Eric

 

[turboless terry]

Cooke has been without insurance for years but you could always get it in west yellowstone.

 

[leiterch]

Cooke City Motor sports is offering insurance on rental sleds. Give them a call, they are good people. They helped us out of a major jam last year. One in our group totalled a sled and they treated us right.

Sent from my DROID RAZR using Tapatalk 2

 

[up-high]

Being an insurance agent, I don't believe any insurance would extend from your sled that you own, liab or physical damage. But every company has diff rules so it would be best check with your insurance carrier.

My truck insurance covers a rental truck (while my truck is being repaired). Why wouldn't my sled insurance cover a rental assuming I had full coverage on my sled?

 

[Quinlan]

My truck insurance covers a rental truck (while my truck is being repaired). Why wouldn't my sled insurance cover a rental assuming I had full coverage on my sled?

It would have to be in your contract I imagine, which I don't recall seeing in mine, though they're all different. I would also think that under that logic you would have to total your own sled first (or at least make it non-ridable for the duration of the trip) before they would pay up. The other catch I see is that your truck is probably your primary means of transportation, whereas a sled (to most people) is for recreational use.

Just my two-cents though...