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There are very limited requirements for renters to secure a car from Turo. Renters using Turo are not required to have a US license and are not required to have personal insurance coverage to rent ...
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. +
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 has close to 1,000 employees and was valued at $1.5 billion in 2020, per PitchBook. ... such as an insurance score or criminal background check is needed, according to the company's website ...
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.
The legality of ridesharing companies by jurisdiction varies; in some areas they are considered to be illegal taxi operations, while in other areas, they are subject to regulations that can include requirements for driver background checks, fares, caps on the number of drivers in an area, insurance, licensing, and minimum wage.
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