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New business allows you to rent your car to strangers
Would you let a perfect stranger use your car for a week?
But what if they paid you 40, 50, a hundred dollars a day?
That's the deal thousands of people across the country are making through a new website.
Here's how it works.
Car owners post photos and other details on the site "relayrides.com" and name their price.
The site handles the money exchange, taking 25 percent.
For that you get a million dollar liability policy with each rental.
"In the worse case scenario or a minor fender bender, you're not on the hook and your insurance is not on the hook."
"And you've had no problem with the condition it's in when it comes back?"
"I've never had any problem except it being cleaner."
"No problem there."
"No problem at all."
Relayrides claims that in most states, including Florida, there's no law against this and you won't get your insurance policy canceled for participating.
Still, you might want to check with your carrier before you join up