Does Personal Car Insurance Cover Turo?

What is Turo?

Turo is an online marketplace allowing people to rent cars from private owners. It's a peer-to-peer car sharing service that is becoming increasingly popular. Through the Turo platform, owners can rent out their vehicles to others in their area. The vehicles can be rented for a day, week, or month and the rental rates are determined by the owner. The Turo app also allows renters to view ratings and reviews of the vehicles and owners before booking.

Does Personal Car Insurance Cover Turo?

The short answer is no. Personal car insurance does not cover Turo rentals. Turo does provide rental insurance for those who rent out their vehicles, but it does not provide coverage for those who are renting. Turo does offer a commercial liability insurance policy and a physical damage policy, but these policies are only available to the vehicle owner, not the renter.

What Does Turo Insurance Cover?

Turo's insurance policy covers the owner of the vehicle in the event of a collision, theft, or damage. The coverage includes up to $1 million in liability coverage, up to $2 million in uninsured/underinsured motorist coverage, and up to $50,000 in physical damage coverage. The coverage also includes damage waivers, which means that if the car is damaged while it is being rented, the owner will not be responsible for the repairs.

What Are Alternative Options for Protection?

For those who are renting a car through Turo, there are a few options for protection. The first option is to purchase rental car insurance through the Turo platform. This insurance policy provides protection for the renter in the event of a collision, theft, or damage. The policy provides up to $1 million in liability coverage, up to $2 million in uninsured/underinsured motorist coverage, and up to $50,000 in physical damage coverage. The policy also includes damage waivers, which means that the renter will not be responsible for the repairs.

The second option is to purchase a separate rental car insurance policy. There are a few companies that offer rental car insurance policies that can provide coverage for Turo rentals. These policies are typically more comprehensive than the Turo insurance policy, and some may even include additional coverage such as roadside assistance, liability coverage, and personal injury protection.

Conclusion

Personal car insurance does not cover Turo rentals. However, Turo does provide rental insurance for those who rent out their vehicles, and there are also alternatives such as purchasing a separate rental car insurance policy that can provide coverage for Turo rentals. Ultimately, it is important to research your options and choose the coverage that is right for you.