Skip to Main Content

Turo car insurance review 2022

Updated Nov 15, 2022
Bankrate logo

The Bankrate promise

At Bankrate, we strive to help you make smarter financial decisions. To help readers understand how insurance affects their finances, we have licensed insurance professionals on staff who have spent a combined 47 years in the auto, home and life insurance industries. While we adhere to strict , this post may contain references to products from our partners. Here's an explanation of . Our content is backed by Coverage.com, LLC, a licensed entity (NPN: 19966249). For more information, please see our .

At a glance

Not rated
Caret Down

About Bankrate Score

Hover for more
Turo, a car-sharing program, offers car insurance through Travelers on its rented cars. Hosts — those who rent out their vehicles through Turo — can choose from several policy options. There are no discounts available, though, and because car-sharing is a unique service, you may not be able to shop your policy with other carriers.

Pros

  • All policies come with $750,000 in third-party liability coverage provided by Travelers
  • Several policy options to choose from
  • With every policy, renting drivers have access to 24/7 roadside assistance

Cons

  • Coverage only offered to vehicles rented through the Turo platform
  • Since Travelers underwrites Turo insurance policies, customer satisfaction or financial strength ratings are not available specifically for Turo
Answer a few questions to see personalized rates from top carriers
 

Turo car insurance is part of the car-sharing program, Turo, which is an alternative to traditional car rental companies. Turo is similar to Airbnb, in that you own the vehicle, but can rent your vehicle for use by others for a short period of time. If you list your vehicle on the platform, you must purchase Turo car insurance, which provides coverage to your vehicle and the other driver during the rental period. Turo offers several car insurance plans that vehicle owners can purchase to protect their vehicle during a rental period.

Turo offers its own car insurance policies underwritten by Travelers. If you list your vehicle for rent on Turo, you can choose between several insurance policies to cover the car while it is being rented. Note that the vehicle host, not the driver, is responsible for covering the cost of damages sustained by the vehicle.

Turo hosts should still hold a personal car insurance policy whether they rent out their vehicle or not, but will also need to purchase separate coverage through Turo if using this rideshare platform. Most personal car insurance policies do not extend coverage to vehicles while being used as part of a business, except if they offer Rideshare coverage as an add-on. Because Turo hosts make money on every rental, personal auto insurance policies usually do not extend coverage to losses pertaining to the vehicle while in use as a rental.

Turo car insurance

Turo hosts can choose from five Turo car insurance plans, all of which come with $750,000 in third-party liability coverage provided by Travelers. In addition, drivers get access to 24/7 roadside assistance for every trip regardless of the policy the vehicle owner selects. Since Turo car insurance is specifically created for the Turo car-sharing app, third party customer service and financial strength ratings are not available.

Advertising Disclosure
This advertisement is powered by Coverage.com, LLC, a licensed insurance producer (NPN: 19966249) and a corporate affiliate of Bankrate. The offers and links that appear on this advertisement are from companies that compensate Coverage.com in different ways. The compensation received and other factors, such as your location, may impact what offers and links appear, and how, where and in what order they appear. While we seek to provide a wide range of offers, we do not include every product or service that may be available. Our goal is to keep information accurate and timely, but some information may not be current. Your actual offer from an advertiser may be different from the offer on this advertisement. All offers are subject to additional terms and conditions.

Shop rates and compare quotes

Get personalized auto insurance quotes by answering a few quick questions
Caret DownCaret Up
Please select age
Location-Icon Created with Sketch.
Quick facts
Moneybag
Save $610 on average this year by shopping for new car insurance
Location Pin
Rates vary by state up to 246%
Auto Insurance
The average American pays $145/month for auto insurance
Powered by Coverage.com (NPN: 19966249)
Insurance Disclosure

Coverage.com, LLC is a licensed insurance producer (NPN: 19966249). Coverage.com services are only available in states where it is licensed. Coverage.com may not offer insurance coverage in all states or scenarios. All insurance products are governed by the terms in the applicable insurance policy, and all related decisions (such as approval for coverage, premiums, commissions and fees) and policy obligations are the sole responsibility of the underwriting insurer. The information on this site does not modify any insurance policy terms in any way.

See more providers in
Choose from insurers in

The cost for each Turo car insurance policy is covered by a portion of the money Turo’s rental drivers pay to rent the host’s car. The deductible that the host pays ties to the percentage of the trip cost the host retains as profit. The greater the percentage, the higher the deductible the host will pay.

Here are the Turo car rental insurance plans available:

  • 60 Plan: With the 60 Plan, hosts earn 60% of the trip price and there is no deductible for claims. The plan fully reimburses the host for any exterior wear and tear, and it includes either loss of hosting income for the time it takes to complete repairs, or $50 per day for a replacement vehicle reimbursement.
  • 75 Plan: Hosts who choose the 75 Plan will get 75% of the trip price. In this case, hosts assume a $250 deductible for physical damage, but the plan does not cover exterior wear and tear. Hosts can get $30 per day for a replacement vehicle if their car is damaged and needs repairs. The 75 Plan does not include any income loss coverage.
  • 80 Plan: Turo hosts get 80% of the trip price with the 80 Plan. This plan comes with a $750 deductible for physical damage and does not include any coverage for exterior wear and tear, replacement vehicle reimbursement or loss of income.
  • 85 Plan: With the 85 Plan, hosts get to keep 85% of the trip price, but have a $1,625 deductible. This plan extends no coverage for exterior wear and tear, replacement vehicles or loss of income.
  • 90 Plan: The 90 Plan allows hosts to keep 90% of the trip price. The deductible for this plan is $2,500 and excludes coverage for exterior wear and tear, replacement vehicles or loss of income.

Turo car insurance discounts

Whether for rideshare or personal vehicle use, you may be wondering how to lower your car insurance. Turo doesn’t offer car insurance discounts to hosts and customers using its ridesharing service. However, Turo hosts may be able to gain exclusive access to Liberty Mutual’s small fleet insurance policy and save. Turo hosts may also be able to save on their car insurance by linking their Turo and Metromile accounts. Discuss options with a few agents if you are interested in learning how to leverage insurance providers affiliated with Turo for additional savings.

Turo car services

Turo is primarily a car-sharing program that allows customers to rent vehicles from participating vehicle owners who host through the Turo app. In addition to this car-sharing service, Turo drivers get access to 24/7 roadside assistance. Beyond this service, Turo does not offer any additional car services.

Other Turo perks worth considering

Turo corporate sustainability

Bankrate’s insurance editorial team also assessed the company’s social responsibility initiatives in our Turo insurance review. In 2021, Turo announced that it will become the first car rental or car sharing marketplace to become carbon neutral. The company offsets its emissions through emission reduction initiatives, including a transportation efficiency project and sustainable forestry projects. In addition, it provides free educational resources to help drivers learn about ways to be more eco-friendly in their driving habits.

Not sure if Turo is right for you? Consider these alternatives

Turo car insurance policies are used exclusively by Turo hosts to insure the vehicles that they rent out to customers. If you’re looking for traditional car insurance for your vehicle, you’ll likely want to explore options other than Turo. Depending on your state, ridesharing coverage may be an available add-on from one or more of these insurers (if you choose to rideshare your vehicle on a platform other than Turo). The best way to find the right coverage is by researching and comparing multiple quotes from a list of car insurance companies available in your area:

  • State Farm: In the 2022 Bankrate Awards, State Farm was named one of the best car insurance companies in the U.S. for its near-nationwide coverage, high claims satisfaction and low premiums. It also offers rideshare insurance coverage in some states. If you’re looking for a provider for your personal vehicle, you may want to research State Farm’s coverage options.
  • USAA: USAA tied with State Farm for best overall auto insurance company in the 2022 Bankrate Awards thanks to its low premiums, high customer satisfaction and nationwide availability. The company was also named one of the best home insurance companies overall, which may be beneficial if you’re hoping to bundle your auto and home insurance policies. However, keep in mind that the company only writes policies to members of the U.S. military, veterans and qualifying family members.
  • Travelers: Travelers insurance won a Bankrate Award for best budget auto insurance company. If you’re looking to save money, Travelers may be a good option for you. In addition to low premiums, Travelers’ wide range of coverage options, near-nationwide availability and digital tools may be right for you. The company also offers rideshare insurance in certain states.

Compare rates and save on auto insurance today!

Close X