Do You Need Insurance To Rent A Car On Turo
Turo offers three packages of insurance coverage for drivers.
Do you need insurance to rent a car on turo. Cover your monthly car payments or simply earn some extra cash by sharing your car on turo whenever you re not using it. Don t assume your insurance or credit card company will cover your turo trip. Minimum standard and premier. All turo hosts choose the protection plan that s right for them and every host plan comes standard with up to 750 000 in third party liability insurance from liberty mutual.
You re not necessarily obligated to buy coverage from turo but you should understand what you get when buying protection from turo and the tradeoffs of foregoing coverage. According to most insurance companies turo is not the same as a rental car if you have insurance coverage that covers you for rentals it may not cover you for borrowing a turo car likewise if you have insurance available for rental cars from your credit card company it likely won t apply to borrowing a car on turo. Share your car with confidence. Renting with turo is often cheaper and the platform is super easy to use but renters should be aware that there s a significant difference in how turo s insurance works that may present a downside for some renters.
Auto insurance always comes into play when you re driving a car and turo provides a few options for insurance coverage while you re driving someone else s car. This is geared to people who are renting as part. You re protected by 20 million in liability insurance and each traveler is prescreened. I ll be honest i was so excited to rent a car and get on the road that i didn t spend nearly as much time thinking about insurance and protection as i should have.
Share your car earn extra cash. Car owners looking to rent on turo can opt out of a turo insurance plan only if they have commercial insurance that they could provide themselves. It s a good idea to start by comparing turo s coverage options with some commercial policies in order to ensure you re comfortable with how you re protecting your vehicle or vehicles. People who are renting a car on turo need insurance too.
Turo is not the same as a rental car. Guests who book a car with a protection plan do not need personal car insurance to use turo. Check with your insurer before declining a protection plan on turo. Or bring your own commercial rental insurance and take a bigger piece of the pie.
The popular peer to peer car sharing marketplace turo removes a lot of the pains associated with renting through a traditional rental car company.
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