Does My Insurance Cover Turo?

Turo is a peer-to-peer car sharing service that allows car owners to rent out their cars to people who need a vehicle. It’s a convenient way to get around and can be cost-effective, but what happens if you get into an accident or your car is damaged while it’s being rented out through Turo? Will your insurance cover it?

Understanding Turo Insurance Coverage

One of the benefits of using Turo is that the company provides insurance coverage for renters and hosts. Turo offers three levels of insurance coverage, including:

It’s important to note that Turo insurance coverage is primary, which means it’s the first line of coverage in the event of an accident or damage. However, Turo insurance is only available while the car is being rented out through the platform. If you use your car for your own personal use, your regular auto insurance policy will apply.

What Your Personal Auto Insurance Covers

If you’re renting out your car through Turo, it’s important to understand what your personal auto insurance policy covers. In most cases, your standard policy won’t cover damage or accidents that occur while your car is being rented out. This is because most personal auto insurance policies have exclusions for commercial use.

However, some auto insurance companies offer special policies or endorsements that provide coverage for car sharing services like Turo. If you plan on renting out your car through Turo, it’s a good idea to talk to your insurance agent to see if they offer any special policies or endorsements.

Frequently Asked Questions

Q: Does Turo offer insurance coverage for renters?

A: Yes, Turo offers insurance coverage for renters. The three levels of coverage include Basic, Standard, and Premium.

Q: Will my personal auto insurance policy cover damage or accidents that occur while my car is being rented out through Turo?

A: In most cases, your personal auto insurance policy won’t cover damage or accidents that occur while your car is being rented out through Turo.

Q: Does Turo insurance cover personal injury?

A: Turo insurance covers third-party liability, which includes bodily injury to third parties.

Q: What if the renter damages my car and Turo’s insurance doesn’t cover the full amount?

A: If Turo’s insurance doesn’t cover the full amount of the damage, you may need to file a claim with your personal auto insurance policy. If you don’t have sufficient coverage, you may be responsible for paying the remaining balance out of pocket.

Q: What if the renter gets into an accident and it’s their fault?

A: If the renter is at fault for the accident, Turo’s insurance will cover the damages up to the limits of liability for the selected insurance level.

Conclusion

If you’re considering renting out your car through Turo, it’s important to understand the insurance coverage that’s available to you. Turo offers primary insurance coverage for hosts and renters, but it’s important to check with your personal auto insurance policy to see if you need any additional coverage. With the right insurance coverage in place, you can enjoy the benefits of renting out your car through Turo without worrying about the potential risks.