Re: Group ownership of a truck
From: Lynn Nadeau (welcomeolympus.net)
Date: Tue, 30 Jun 2009 09:39:16 -0700 (PDT)
We looked at how 6 of us could share the cost of an electric vehicle. The insurance company couldn't deal with it. Then the owner found out that if there were an insurance claim, any driver who had paid any money to be driving it, wouldn't be covered. The only way to be covered was to have the owner simply share their vehicle with us, with no money received for it. I guess with a gas car, paying for gas wouldn't be the same as paying to use the car. But if an insurance claim attorney looked into it and decided this was a scheme to actually joint-own, you might get sunk. Check carefully.

Lynn Nadeau
RoseWind Cohousing, Port Townsend
just back from a wonderful conference in Seattle, still hosting visitors, eager to sift through my notes for practical tips on how we do stuff here


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