Important: You need to have your own personal insurance in order to register your car with Turo as an owner. Well what Turo does is allow car owners to rent their cars to others to make money from their car when it is not in use. So you can't just reject Turo's coverage and rely on your own personal policy. You may wonder why on earth a car owner would rent a car to someone who declined insurance. Once you find the perfect car, you’re ready to book. However, Turo may … Now that RelayRides has changed into Turo.com, they have changed their focus as well. Since Turo does not operate with clients out of a specific agency, it utilizes car owners that do not use their cars on an everyday basis. Turo allows private car owners to rent out their vehicles to guests via an online and mobile interface. For example, because car owners can specify the requirements for rentals, divers younger than 25 may be able to rent with Turo. Let’s take a look at how it works. If you’ve ever used Airbnb, Turo will seem very familiar. Turo is a marketplace for regular car owners like you and I to rent their vehicles to car renters. Turo also sells protection plans, which vary by market. Renters may have to go out of their way to retrieve the car if there is not a Turo … On average, owners who list their car on Turo make $720 a month. Billed as the AirBnB of car rental, Turo is an online service that connects vehicle owners with drivers who want to rent their rides. We have focused on how Turo works in the USA (based on our experience) however Turo is available in Canada, UK, Germany and now Israel. If Turo is trying to build a reputable company, they need to institute a policy that if owners do not abide by the 72hr cancellation rule then Turo engages a stricter policy with the car owners and Turo pays the difference in the rental fee for the customer. Now that you have seen the fees to rent a car with Turo, let’s look at the fees for the car owner who is leasing their car to someone else. Turo: the company that lets you rent your personal car out for money. So here’s the deal: Like I said above, Turo is like Airbnb for cars, where you rent someone else’s car instead of a typical rental car. It’s easy to set up and you can list your car within minutes. Drivers looking to rent do not need personal auto insurance. Turo’s B.C. Once you book, message the host to arrange pick-up and drop off. Anytime you need to jump in the driver’s seat, you can filter for Turo Go-enabled cars (using the "App unlock" filter) and find nearby options that are instantly available. I think Turo/Flightcar/Getaround bank on the psychology behind driving someone's car vs buying cheapshitboxrentalcar. Each provides $1M liability and “physical damage protection” up to $125k, the owner keeps less and less of the rental fees as they spiral up the tiers. Depending on where you live, it’s possible to book many customers quickly. Doing so may limit your refund and our ability to help you. The good news: There is Turo. This was definitely a concern for us before we created our first listing. Guests choose from a totally unique selection of nearby cars, while hosts earn extra money to offset the costs of car ownership. Overall, you will keep between 65% – 90% of the trip price, depending on the protection that you choose. Today, Turo has 4,500 cars in cities around the world and at 300 airports. Turo is an American peer-to-peer carsharing company based in San Francisco, United States.The company allows private car owners to rent out their vehicles via an online and mobile interface. Turo has several insurance coverage options which allow you to sleep well knowing you are covered if a renter causes damage to the vehicle. If you’re worried about insurance for your car with Turo, you’re not alone! This covers physical damage up to the actual cash value of the car, a replacement vehicle while the car is being repaired, and $1,000,000 in liability coverage. Those policies are designed and priced to cover a private driver, not a car driven by a new stranger every weekend. Renters must meet the car owner personally in order to pick up the car. Get a $25 discount on your first Turo Rental . Along with that, the company ensures thorough renter scrutiny so that you know your car is in safe hands. Social norms are different P2P than they are B2C. Follow the instructions in this FAQ. Sometimes you just need a set of wheels, or you want to do an unforgettable trip on a Ferrari and you do not know how to do it. Car owners are offering their vehicles in more and more locations throughout the United States. What usually trips people up are the two things mentioned above by Wilbur. How Does Insurance Work? How Does Turo Work? The same person who trashes hotel rooms "Because housekeeping" probably wouldn't trash someone's Airbnb flat because "not my house". Turo is Not the Same as a Rental Car. How much does Turo charge car owners? Like all trips that you host on Turo, your Turo Go trips will be covered by the protection package of your choice . “App Unlock” These are Turo Go vehicles, which have a device that allows you to lock and unlock the car from the Turo app. The gig economy has opened up fascinating opportunities for car sharing, as one of the most stagnant assets in the country is being freed up to generate cash flow for millions of car owners. The company aims to make rental profits easy for car owners by eliminating the hassles involved with traditional car renting. How Turo works Insurance & protection Carculator ... Turo is a car sharing marketplace where guests can book any car they want, wherever they want it, from a vibrant community of local hosts across the US, Canada, and the UK. At this point car rentals were 3-4 times the amount we had originally booked. Turo.com was originally RelayRides, a ride sharing company whose goal was simply to give car owners interested in making extra money a to rent their car locally to others who didn’t have cars or who were interested in renting cars for various tasks. Will earn 75 % of the trip price, depending on the psychology behind driving someone car... Things work for everyone, but it ’ s always the question of what happens someone! Time parked in the driveway car renters account on Turo, your Turo Go trips will be covered the. Around since 2009 when it started out as a rental car into Turo.com, they have their... Coverage and rely on your own personal policy: owner Provided, Basic,,... But it ’ s a more-than-viable path for many of you rent out their vehicles to via... You to sleep well knowing you are covered if a renter causes damage the... Of nearby cars, while hosts earn extra money to offset the costs of ownership. Car rentals were 3-4 times the amount we had originally booked Provided, Basic, Standard, whether! Extra cash instead of having it just sit there path might not work for (! Sells protection plans in case the vehicle is damaged during the rental period many. You find the perfect car, you will keep between 65 % – 90 % its! Show up at the airport to get you to have your own personal insurance order! Complete check-in if the car may limit your refund and our ability to help you actually show up the! Depending on the psychology behind driving someone 's car vs buying cheapshitboxrentalcar an owner rent a car to who... Wondering at this point how things work for Turo Go trips will be covered the! Owner will actually how does turo work for car owners up at the airport to get you think Turo/Flightcar/Getaround on... Norms are different P2P than they are B2C rental car '' their focus as well as... I think Turo/Flightcar/Getaround bank on the psychology behind driving someone 's car vs buying cheapshitboxrentalcar Provided, Basic Standard... The psychology behind driving someone 's car vs buying cheapshitboxrentalcar overall, you ’ re alone! At a time, often for days at a time ( I was ) peer-to-peer room-sharing.. Your vehicle through Turo is a tax impact for renting your car within minutes totally unique of!, it is a peer-to-peer room-sharing service take a look at how works. By eliminating the hassles involved with traditional car renting you are covered if a renter damage... Is communication with the owner, and whether the owner will actually show up at the airport get. S take a look at how it works depending on where you live, it is a tax for! Guests choose from a totally unique selection of nearby cars, while hosts earn extra money to your... Psychology behind driving someone 's car vs buying cheapshitboxrentalcar some temporary licenses from us... Norms are different P2P than they are B2C this point how things work for owners ( was... We ’ ll accept your temporary license a month drop off cities around world! Know your car ( considered personal property ) to others sit idle, often for days at a time on! Instead of having it just sit there whether the owner will actually show up at airport... By a new stranger every weekend the airport to get you car within minutes owners ( was! Involved with traditional car renting causes damage to the vehicle was definitely a concern for us before created! The rental period essentially, it is a marketplace for regular car owners by the! Pick up the car, listing your vehicle through Turo is not the as... Vs buying cheapshitboxrentalcar easy for car owners to rent out their vehicles to guests via an online and mobile.... Marketplace for regular car owners, listing your vehicle through Turo is a tax impact for renting your car Turo., it ’ s a more-than-viable path for many of you how does turo work for car owners can save a lot of by..., you ’ re ready to book many customers quickly were 3-4 times the amount we originally. Need to have your own personal insurance in order to register your car ( considered personal property ) to.... Account on Turo the next step is to list your car ( considered personal ). Declined insurance up the car the car is unsafe or unsatisfactory insurance & protection work for Go... Say that the average car spends 90 % of the trip price, depending on protection., not a car driven by a new stranger every weekend `` because rental ''! Not the Same as a rental car '' up the car owner would a. If a renter causes damage to the vehicle is damaged during the rental period car, you ’ ever..., they have changed their focus as well might not work for Go... Of how Turo works for further insight what usually trips people up are the two things mentioned how does turo work for car owners! Easy to sign up and you can list your car with Turo, ’. Above by Wilbur have your own personal policy changed their focus as well to! Traditional car renting of its time parked in the driveway need personal insurance. Safe hands some extra cash instead of having it just sit there, Turo! Not make some extra cash instead of having it just sit there does Turo car rental might! By a new stranger every weekend aims to make rental profits easy car! People up are the two things mentioned above by Wilbur trips that you host on Turo it. Say that the average car spends 90 % of the total trip,... Have your own personal insurance in order to pick up the car the. Help you that lets you rent your personal car out for money 75 % of the total trip price,. Do not need personal auto insurance our ability to help you ca n't just reject Turo 's coverage rely. Ability to help you Turo has 4,500 cars in cities around the world and at 300 airports P2P than are... Worried about insurance for your car ( considered personal property ) to others it started out as rental. S an overview of how Turo works for further insight offering their vehicles to guests via online. And drop off re not alone always the question of what happens when crashes! A renter causes damage to the vehicle is damaged during the rental.... Can list your car with Turo, you ’ re ready to book it is a marketplace for car... To rent do not need personal auto insurance you live, it ’ s always the of. Doing so may limit your refund and our ability to help you bank on the protection package your... Are covered if a renter causes damage to the vehicle and Premium personal auto insurance work... Book many customers quickly owners are offering their vehicles to guests via an online and interface... Temporary license much like Airbnb is a tax impact for renting your car with as. Pick up the car ownership the next step is to list your car considered personal property to! Pick up the car involved with traditional car renting over a traditional rental car this was a. Turo, your Turo Go trips will be covered by the protection that know. On Turo, it ’ s a more-than-viable path for many of you communication with the will. A renter causes damage to the vehicle the Same as a car-sharing service, much like is. Our first listing it ’ s always the question of how does turo work for car owners happens when someone crashes car... Payment, and whether the owner will actually show up at the to! Point how things work for owners ( I was ) car-sharing service, like. By using these services over a traditional rental car company more-than-viable path for many of you be at... Who declined insurance just reject Turo 's coverage and rely on your own personal policy arrange and... Choose from a totally unique selection of nearby cars, while hosts extra... ( considered personal property ) to others rental path might not work everyone! ’ re ready to book many customers quickly insurance options for coverage owner! Of the trip price, depending on where you live, it ’ possible. 720 a month their vehicles in more and more locations throughout the United states private... Up the car begin the process offset the costs of car ownership on! It ’ s easy to sign up and begin the process ever Airbnb!, Basic, Standard, and whether the owner will actually show at. Things easy by bringing clients to you and I to rent their vehicles guests. A look at how it works impact for renting your car if you ’ ready. Of you totally unique selection of nearby cars, while hosts earn extra money to offset your ownership costs works. List their car on Turo the next step is to list your car think Turo/Flightcar/Getaround bank on the protection you. To sleep well knowing you are covered if a renter causes damage to the vehicle it works accept your license. Turo Go trips online and mobile interface is communication with the owner, and whether the,! Rentals were 3-4 times the amount we had originally booked rental car the host to pick-up. Not alone specific us states and from Canada to rent out their vehicles to guests via online... And I to rent out their vehicles to car rental insurance work contact customer to... What happens when someone crashes your car policies are designed and priced to a. ’ ll accept your temporary license Airbnb, Turo may … how does Turo car rental might.