&gt; There&#x27;s no way any ordinary insurance policy would cover this kind of scheme. Your premiums can, and should, skyrocket.<p>There is even another issue with accidents and luxury cars. [1]  If you own a luxury car and it&#x27;s in an accident the value drops pretty significantly vs. a non luxury car (where it still drops of course).  With a rental apartment you have to worry about damage but not damage that would cause you to have a significant drop in the resale value.<p>[1] Recognizing this test is starting with Mini of course however the idea from reading is they would expand to other parts of the brand.