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Your personal auto insurance, if you have it, would pay first, and your Turo protection plan would cover any excess costs up to the policy limits.
Turo does not require renters to have personal coverage if the renter books a trip with a protection plan provided by Turo. Turo provides up to $750,000 in third party liability insurance from Travelers Insurance in the United States, up to $2 million in Canada, and up to £20 million in the UK, with 5 plans varying in vehicle protection. +
Turo Inc. is an American peer-to-peer carsharing company based in San Francisco, in the United States.The company allows private car owners to rent out their vehicles via an online and mobile interface in four countries (the United States, Canada, United Kingdom, and Australia) [4] and new corporate owners to rent out their cars in France in addition to the four previous countries.
Turo reported nearly $880 million in revenue in 2023, up 18% year-on-year. It posted $14.7 million in profits, down from $154.7 million in 2022. ... such as an insurance score or criminal ...
Turo handles payments and insurance options and provides customer support throughout the process. What Is Artificial Intelligence (Ai)? How Your Car Might Be Selling You Out To Insurers
Months later, [59] Turo's service was suspended in New York state (NY) after the Department of Financial Services contended that they were not licensed to sell third-party insurance, leaving owners liable for damage caused by renters. Turo re-launched in NY for commercial hosts in 2021. [60] Fong-Jones is transgender.