The lender’s responsibilities during rental

Hygglo is a platform where lenders and borrowers can get in contact with each other in a simple and safe way. The platform will handle the rental terms, payments and establishment of rental insurance in accordance with our insurance terms. Rental agreements are made between lenders and borrowers.

As a lender you are responsible for

  1. Ensuring that the object matches given descriptions.

  2. Ensuring that the object is safe to use and fit to be rented out. Any damages/faults must be documented in the description.

  3. Follow all laws and regulations for rental and use of rental property.

  4. Keeping the object insured if not included in Hygglo’s insurance. If necessary, the lender is responsible for obtaining approval from the lender’s insurance company to rent out the object.

If you rent out vehicles it must

  1. Be insured.

  2. Have all taxes paid.

  3. Have a valid registration number.

In the event of problems during the rental period, the lender will be obliged to take care of the situation in the best way possible and be helpful to the borrower.

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