Turo Car Rental Insurance Cost: What You Need to Know

What is Turo?

Turo is an online car rental platform that connects car owners with renters. It’s a peer-to-peer car sharing service that allows people to rent cars from private owners, often at much lower prices than traditional car rental companies. Founded in 2009, the company now operates in the United States, Canada and the United Kingdom. It has more than 10 million users and over 300,000 cars listed on its platform.

What Are Turo’s Insurance Options?

Turo offers three insurance options for car owners and renters: basic, premium and commercial. The basic option is the most affordable, and it covers the parts of a car that are damaged or stolen due to an accident, vandalism or theft. It also provides liability coverage in case of an accident. The premium option adds coverage for personal items in the car, as well as extra liability coverage, and the commercial option is designed for businesses that use the platform.

How Much Does Turo Insurance Cost?

The cost of Turo insurance depends on the type of coverage you select. The basic option typically costs between $30 and $50 per rental period, while the premium option can cost up to $100. The commercial option is more expensive and typically costs between $200 and $400 per rental period. Turo also offers a number of discounts and promo codes that can help reduce the cost of insurance.

What Is Not Covered by Turo Insurance?

Turo’s insurance policies do not cover damage or theft caused by negligence, intentional acts or acts of God. They also do not cover damage caused by off-road driving, racing or commercial use. Additionally, they do not cover personal items that are damaged or stolen in the car. It’s important to note that, while Turo’s insurance policies provide liability coverage, they do not cover personal injury or property damage.

What Other Insurance Options Are Available?

In addition to Turo’s insurance policies, you may also want to consider purchasing your own personal auto insurance policy. This can provide additional coverage for damage, theft and liability. Additionally, some credit card companies offer rental car insurance for those who use their cards to pay for the rental. It’s important to check with your credit card company to see what type of coverage is offered.

Conclusion

Turo’s insurance options can provide you with peace of mind when renting a car. The cost of coverage can vary depending on the type of policy you select, but there are discounts and promo codes available that can help reduce the cost. Additionally, you may want to consider purchasing your own personal auto insurance policy for additional coverage. By understanding the types of coverage available and the cost of insurance, you can make an informed decision when renting a car on Turo.