What type of insurance do you need for Turo?
You don't need personal insurance coverage if you book a trip with a protection plan made available via Turo. If you do have insurance, our liability insurance provider* will supplement your personal coverage. Depending on the protection plan you select, liability coverage is up to $750,000 in the US.
How much does the average host make on Turo?
Hosts with a Fiat 500 earn an average of $474 per month. Hosts with Chevy Camaros earn an average of $73 per day, and this means they can get around $755 on average per month. The more days per month that your car gets booked, the more money you can earn.
Can Turo host Be Sued?
Can I sue Turo for an accident? Yes, you can sue Turo for an accident if they played a part in the accident or if they do not abide by their insurance policy that you opted into. For example, Turo may claim that you were at fault for the accident and that they will not pay any damages.
What are the risks with Turo?
From an owner's perspective, one of the biggest risks they face is having a vehicle stolen, in which case the platform could also potentially be held liable for facilitating the rental. Renters, meanwhile, are liable for their actions while renting the vehicle.
Host Tips | How insurance works on Turo
What happens if someone crashes your car on Turo?
If you have an accident as a Turo renter, you must report the accident immediately – at least within 24 hours of the trip's end or date of the incident. You must also file a police report and provide the report number to Turo. If you don't, you may not be eligible for compensation.
Is Turo profitable for hosts?
Turo itself is making money, and hosts who rent out their personal cars are making a small personal profit too. I'd suggest starting that way, with a car you already have, and seeing how it goes before you add to your fleet.