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Renting from family member (bona fide?)

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Long time lurker here posting for the first time about insurance of all things...

I'm a 7yr. sole trader looking to expand a bit.

I went to review my policy with lycetts with the mind to add cover for hired in plant but they will not cover a rental from anyone other than what they call a 'bona fide' hirer. I wish to rent an excavator and chipper from a family member who uses them for what is essentially domestic use but I want to give him the piece of mind that all will be well if I dunk his digger in a lake.


Obviously an uninsured gentleman's agreement doesn't cover the 20k odd quid that I can't afford if I dunk his digger in a lake(I plan not to,) and certainly don't want the risk of leaving any bad tastes relating to dunked digger.


I will be paying him peppercorns for the hiring, does this make him 'bonafide'?


Also looking to review 4x4 + trailer  + pub. liab. cover as well as the hired in plant all in one if possible.


Any pointers in the right direction? or even a completely alternative approach?


Lycetts done me fine for pub liab. for years but no negotiation points gained for loyalty.


Thanks alot in advance

Edited by jackllew

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