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Insurance won't typically cover your car if you rent it out via Turo.
by NewJazz 2y ago
Insurance won't typically cover your car if you rent it out via Turo.
- solardev 2y agoTuro offers their own primary insurance, but not sure if it would extend to events like this.
- deleted 2y ago[deleted]
- senectus1 2y agoInsurance also doesn't cover acts of terrorism... the owners of those cars are screwed.
- drivingmenuts 2y agoRecently saw a news piece where insurance companies are dramatically jacking up the insurance rates for Cybertrucks. If so, they're really getting screwed.
- solardev 2y agoCan't Musk just regulate that away now that he pretty much controls the government?
- jerlam 2y agoI'm sure you were making a joke, but I'll answer anyway: probably not, since insurance is regulated on a state level. Although it might be better in the long term, federal regulation governing vehicle insurance would probably be unconstitutional as well as opposed by the states as well as the insurance companies themselves.
- r00fus 2y agoI used Turo to test a bunch of EVs a while back - I just priced in the Turo added insurance since mine didn't cover Turo (apparently Progressive does). We had a bunch of tough requirements so the deep investigation panned out nicely - only spent a couple of thousand and got to road trip with several nice vehicles and family had a strong favorite which we bought (used). I'm fairly sure people who rent the cars on Turo need a specific insurance program but not sure if they cover these kinds of events.