What if you could rent a recreational vehicle like an Airbnb? That’s when the concept of Wheel Estate was founded. “We instantly found out a few things,” says Chad Ball, co-founder of Wheel Estate. “First, there are over one million RVs registered in Canada with most of them in Alberta and Ontario. Most trailers only get used for two weeks per year. And the insurance companies don’t like people to rent out their RVs. As soon as money exchanges hands, your personal insurance policy on your trailer is void unless you buy an expensive commercial policy.” Chad and Cherie set about creating Wheel Estate to make the perfect platform for owners of trailers to rent to potential holiday seekers. “Our mandate is to offer qualified trailer owners the opportunity to rent to verified guests,” said Ball. Wheel Estate offers the trailer owners insurance against theft, vandalism or damage due to a guest’s gross negligence and personal liability.
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