Does Insurance Cover Turo Rentals?

Renting a car is becoming more and more popular with the advent of car sharing services like Turo, a peer-to-peer car rental service. If you’re considering renting a car through Turo, you’re likely wondering if your auto insurance will cover any potential damages. The short answer is, it depends.

Turo provides its own insurance on each rental, but the specifics of the coverage depend on the host’s policy. Hosts who opt for Turo’s Standard Protection package provide insurance for liability, physical damage, and personal effects coverage. The coverage includes a $1 million liability policy, a $750 deductible for physical damage, and $3,000 for personal effects. Turo also offers a Premium Protection package, which includes a $1 million liability policy, a $0 deductible for physical damage, and $3,000 for personal effects. Many hosts also offer additional coverage for their vehicles.

Does Your Personal Insurance Cover Turo Rentals?

The good news is that most personal auto insurance policies will cover you while you’re driving a rental car. However, the coverage is typically limited to the same amounts of coverage that you have on your personal policy. For example, if you have a $500 deductible on your personal policy, you’ll have a $500 deductible while renting a car through Turo. Additionally, any rental car coverage you have through your credit card will be secondary to your personal policy.

What About Your Credit Card?

If you’re renting a car with a major credit card, you may have additional coverage. Many credit cards offer additional coverage for rental car damages, but the coverage is typically secondary to your personal policy. The coverage is also limited to specific types of rentals, such as those booked through certain websites or companies. Be sure to check your credit card agreement to determine if your card provides additional coverage for rental car damages.

What Are Your Options?

If you’re worried about being liable for damages to a rental car, there are a few options. First, you can purchase additional coverage from Turo. Turo offers a Damage Fee Coverage option that provides up to $1 million in liability coverage and up to $2,000 in physical damage coverage for a fee. Additionally, you can purchase additional coverage from a third party provider, such as a rental car insurance company. Finally, you can purchase a personal auto insurance policy that specifically covers rental cars.

Renting a car through Turo can be a great way to save money on car rental fees. However, it’s important to make sure that you’re covered in the event of an accident. Be sure to check your personal auto insurance policy, credit card agreement, and Turo’s terms and conditions to ensure that you’re protected. With the right coverage, you can enjoy your Turo rental with peace of mind.