Car Insurance For Turo Hosts

What is Turo?

Turo is a car sharing service that allows car owners to rent out their vehicles to other drivers. It's like Airbnb for cars, and it can be a great way to make some extra money. With Turo, car owners can rent out their vehicles to other drivers and get paid for it. The company handles the payments, insurance, and other logistics, so it's a relatively easy way to make some extra income.

What Does Turo Insurance Cover?

Turo offers insurance coverage for their car owners and renters. When you rent out your vehicle, Turo's Host Protection Insurance covers you for up to $1 million in liability coverage for third party bodily injury and property damage. It also covers up to $125,000 in physical damage coverage for your vehicle, including collision and comprehensive coverage. This coverage is provided through a third-party insurance provider and can be supplemented with additional coverage, if desired.

What Are the Options for Car Owners?

For car owners, Turo offers two options for insurance coverage: Host Protection Insurance and Host Protection Plus. Host Protection Insurance covers up to $1 million in liability coverage for third party bodily injury and property damage, and up to $125,000 in physical damage coverage for your vehicle. Host Protection Plus offers additional coverage for physical damage, up to a maximum of $500,000. This additional coverage is available for an additional fee.

What Are the Options for Renters?

For renters, Turo offers two options for insurance coverage: Guest Protection Insurance and Guest Protection Plus. Guest Protection Insurance covers up to $1 million in liability coverage for third party bodily injury and property damage, and up to $50,000 in physical damage coverage for the rented vehicle. Guest Protection Plus offers additional coverage for physical damage, up to a maximum of $250,000. This additional coverage is available for an additional fee.

What Else Should I Know?

In addition to Turo’s insurance coverage, car owners and renters should also be aware of their own personal auto insurance policies. It’s important to check with your insurance provider to make sure that your policy covers you while renting out your vehicle. If you’re unsure, you can always contact your provider directly to confirm your coverage.

Conclusion

Turo offers car owners and renters a range of insurance coverage options to protect them against potential losses. It’s important to understand the coverage provided by Turo and to make sure that your personal auto insurance policy also covers you. By being aware of the different insurance options available, you can make sure that you’re adequately protected while renting out your car.