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Turo is also aware that its users could use host cars in a negligent (or criminal) manner, impacting the business. “We may be found to be subject to liability for the activities of hosts and ...
Turo says that in the United States, it will reimburse hosts for eligible repairs up to the cash value of their car or $200,000, whichever is less. The host’s deductible depends on what ...
Most major car rental companies don't offer Cybertrucks, so drivers who want to try one out but aren't willing to shell out nearly $100,000 to buy one have turned to platforms like Turo.
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 $879.8 million in net revenue and a $14.7 million profit in 2023, according to TechCrunch. The company is valued at around $1.5 billion and sports nearly 1,000 employees, according ...
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. +
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