Ford lightning and Cybertruck terrorist vehicles. Rented from individuals…Insurance DENYED?

[joekingcorvette]

Nobody knows if the insurance was denied and basically your guess is as good as mine. I would think if somebody was renting a vehicle they would be smart enough to have it fully insured but it's anybody's guess. There are lot's of people with no insurance but there are also lot's of people fully covered.

 

[ammolab]

Nobody knows if the insurance was denied and basically your guess is as good as mine. I would think if somebody was renting a vehicle they would be smart enough to have it fully insured but it's anybody's guess. There are lot's of people with no insurance but there are also lot's of people fully covered.

“FULLY INSURED”? You think he said, “add the extra fee to void the ‘acts of terrorism disclaimer’ in your standard policy”? He isn’t getting that Lightning paid off by his insurance company.

 

[Elkins45]

Does LA have a vicarious liability statute? Even if not that claim could be asserted under common law.

One of the few tidbits of legal trivia I know is that LA is the only one of the 50 states whose legal system is not based on English common law, but rather the Napoleonic Code. I have no idea if that makes any practical difference.

 

[Dave Hess]

Luckily this attack wasn’t another Oklahoma City bombing,

 

[fdcg27]

One of the few tidbits of legal trivia I know is that LA is the only one of the 50 states whose legal system is not based on English common law, but rather the Napoleonic Code. I have no idea if that makes any practical difference.

That I do know, but any action could always be filed in federal court.

 

[ammolab]

Also - Generally for Texas insurance, for the insurance company to deny based on an "act of terrorism", that classification has to come down from the government. As in the government has to clearly state such.

The FBI count as “government”? Didn’t they already state it was terrorism after first saying, “wait on the investigation”?


FBI statement: “Let us be very clear—what happened here in New Orleans was an act of terrorism. It was premeditated and an evil act.”

Insurance will shut the door on that declaration

 

[oldhp]

Why?????? Would you rent your personal vehicle??? To me the stupidest thing a person could do. Sell it and be done with it.

 

[Nukeman7]

Here is an article that sheds some light on the liability and insurance coverage provided to owners of private vehicles rented through the Turo platform. I expect this whole situation will get messier when the lawyers get involved.

What is Turo?

 

[Hall]

In reference to the vehicle's insurance coverage/policy, it's very likely that they will NOT cover anything in these cases unless the owners are paying for commercial-type coverage or added coverage for delivery-type work, i.e Uber, Lyft, Doordash. No personal auto coverage will cover you if you're renting your vehicle out to others. That's no longer "personal" coverage.

 

[Hall]

Insurance included
Rest easy knowing you’re covered with up to $750,000** in third-party liability insurance from Travelers, plus you choose from an array of protection plans that include varying levels of reimbursement for car repairs, up to your car’s actual cash value*** in case of damage during a trip.

Start a car sharing business on Turo

Vehicle protection for hosts

 

[2strokeNorthstar]

In reference to the vehicle's insurance coverage/policy, it's very likely that they will NOT cover anything in these cases unless the owners are paying for commercial-type coverage or added coverage for delivery-type work, i.e Uber, Lyft, Doordash. No personal auto coverage will cover you if you're renting your vehicle out to others. That's no longer "personal" coverage.

No one expects it to. Turo provides the insurance

 

[2strokeNorthstar]

Why?????? Would you rent your personal vehicle??? To me the stupidest thing a person could do. Sell it and be done with it.

To make money? Also people use it so they can afford the payments on a car they otherwise couldn't afford. Turo is supposed to assume the risk/provide the insurance

 

[ammolab]

To make money? Also people use it so they can afford the payments on a car they otherwise couldn't afford. Turo is supposed to assume the risk/provide the insurance

The guy who owned the Ford lightning has 5 vehicles he rents on Turo. He could never afford them without the income they provide. This is why it’s done.

Footnote: he says he is “done”!

 

[Pablo]

It’s not like terrorists can’t or haven’t rented trucks from traditional rental companies.

The insurance situation is not that different. Sure the screening company is different than the vehicle owner - regardless- it will absolutely depend on what the policy says.

These clowns most likely waived comp and collision of course - which is irrelevant. The owners would have been smart to have commercial insurance.

 

[Lubener]

The vehicles used in the two New Year’s Eve attackers were rented from INDIVIDUALS on the Terro app. Now my insurance has acts of “War, Terrorist, and nuclear incident” exceptions of coverage..so I bet the policy of the owner-renters has the same and more.

Don’t you think two guys just lost a 100,000 dollar vehicle with zero help from their insurance company?

They aren't around anymore so it really doesn't matter what the vehicles were worth or their insurance coverage.

 

[Owen Lucas]

I predict Turo will sweep this under the rug and pay whatever it takes not to get anymore publicity. AirBnB does the same when crazy things happen in their rentals like destructions, hidden cameras, assaults etc. It's a business decision and it makes sense, I predict the same will happen here.

https://marronelaw.com/blog/airbnb-reportedly-paid-off-sexual-assault-victim-to-stay-quiet/

 

[Pablo]

They aren't around anymore so it really doesn't matter what the vehicles were worth or their insurance coverage.

Huh?

The car owners are still alive, no?

 

[dnewton3]

There is a significant difference between an accident and intentional act.
Neither of these events were "accidents". So most any traditional coverage is not going to apply in that regard.
As for the vehicle costs, it appears that Turo may cover the vehicle loss (certainly as a matter of goodwill in such a high profile event).

The real pain is going to come from the civil liability suits. I suspect Turo will either successfully back away from that, or get drug into it and go bankrupt from it. The Vegas event was a sole person hurt (the perpetrator) and so no one is likely to sue for civil liability. But the NOLA event has, at current count, 15 dead and dozens more injured; there's going to be a lot of compensation sought from that one.

Just my opinion.

 

[Pablo]

There is a significant difference between an accident and intentional act.
Neither of these events were "accidents". So most any traditional coverage is not going to apply in that regard.
As for the vehicle costs, it appears that Turo may cover the vehicle loss (certainly as a matter of goodwill in such a high profile event).

The real pain is going to come from the civil liability suits. I suspect Turo will either successfully back away from that, or get drug into it and go bankrupt from it. The Vegas event was a sole person hurt (the perpetrator) and so no one is likely to sue for civil liability. But the NOLA event has, at current count, 15 dead and dozens more injured; there's going to be a lot of compensation sought from that one.

Just my opinion.

This. People will claim Turo didn't screen the renters well enough.

 

[97prizm]

The vehicles used in the two New Year’s Eve attackers were rented from INDIVIDUALS on the Terro app. Now my insurance has acts of “War, Terrorist, and nuclear incident” exceptions of coverage..so I bet the policy of the owner-renters has the same and more.

Don’t you think two guys just lost a 100,000 dollar vehicle with zero help from their insurance company?

This isn't new. Way back in 2012 or so I took an aviation security class in college. My professor was an aviation lawyer and said that almost or all insurance companies have "acts of terrorism " clauses built in. After 9/11 airlines in the USA had to add terrorism insurance to their policies.