Does Allstate Insurance Cover Turo Rentals?
Whether you are traveling in a car shared through Turo or you rent a car from a dealership, it’s important to know that your insurance will cover you while you are driving.
This is especially true if you are traveling to a state where you have to get a license to drive a car.
Provides $750,000 in third-party liability coverage
Regardless of whether you’re renting a car from a friend or through a peer-to-peer car sharing service, it’s important to get insurance.
The right insurance for you depends on the type of coverage you need, the type of vehicle you’re renting, and your ability to replace the vehicle in the event of an accident.
You can get coverage from Allstate for Turo rentals, but it’s a good idea to check with your insurance agent.
Turo is a peer-to-peer carsharing service that lets individuals rent out their personal cars.
It is available in the United States, Canada, and Germany.
Turo hosts can choose from five car insurance plans.
Each plan comes with a deductible, liability limits, and coverage limits.
Each plan offers different levels of coverage, so be sure to read through each one carefully before deciding which plan is best for your needs.
Turo is like AirBnB for cars.
You can browse the website, select a vehicle, and make a reservation.
When it comes time to pick up the vehicle, you’ll be asked to verify that you have a driver’s license.
If you do not have one, you’ll need to take the time to get one before renting a car through Turo.
If you do have a driver’s license, you can pick up the car after three business days.
You’ll also have to report any damage to Turo within 24 hours.
Turo will then determine who was at fault for the accident and inform you of your claim within three business days.
Turo also offers liability insurance for hosts, as well as physical damage coverage.
Physical damage coverage covers repairs and medical bills if the vehicle is damaged.
In addition, Turo offers a guest insurance program that pays for physical damage to the car caused by your guest.
However, it does not cover mechanical damage to the interior of the vehicle.
If your guest is responsible for mechanical damage, you may have to file a claim with your own insurance provider.
There are five different protection plans available to Turo hosts, each of which offers different deductibles and liability limits.
The lowest plan awards the host 60% of the total trip price.
The highest plan awards the host 100% of the total trip price.
The deductibles are usually higher in more expensive plans, but you’ll only have to pay a deductible of up to $2,500 in the lowest plan.
Turo also offers a Premier plan that increases your total policy limit to $750,000.
The Premier plan comes with a higher deductible, but it also awards the host a higher percentage of the trip price.
The Premier plan is a good choice for those who want the most coverage.
Turo hosts can choose to add supplemental insurance to their existing car insurance policy, but it’s important to note that Turo doesn’t provide coverage for commercial hosts.
Commercial hosts are expected to purchase a separate vehicle insurance policy, but some may include insurance rates in their daily rate.
Depends on state
Using the services of an auto insurer to rent a car might be a better alternative than the black market.
Depending on your state of residence, you may not be able to drive off in your shiny new automobile.
If you are on the fence about buying the insurance policy, you should take the time to compare rates and coverage options from several companies.
If you decide to make the move, you may have to shell out for a hefty premium.
You can choose to get the coverage for a monthly, yearly or quarterly fee.
Turo has a lot to offer, from a wide selection of vehicles to a large and diverse customer base.
The company provides roadside assistance and a number of free educational resources for drivers.
There are also numerous rewards and prizes for users who make the most out of their membership.
Some of the rewards include a branded smartphone and a monthly stipend for travel.
Turo exemplifies the humane, socially responsible and ecologically friendly side of the car rental industry.
As a side note, the company announced its intention to be carbon neutral by 2021.
Turo was the harbinger of the car sharing renaissance.
The company has a big data strategy that enables it to deliver a highly personalized experience for both consumers and hosts.
Its data mining and data storage capabilities are augmented by data science that ensures that the right people get the right information at the right time.
The company also enables its users to take part in the perks of the social sharing economy, like the ability to rate other users.
The company also provides free educational resources for drivers, including a robust library of informational videos and blog posts.
Its customer service is unrivaled and its rewards program is one of the best in the business.
Getting started with Turo is easy, thanks to their online booking system.
The company has also announced several innovative new features, like their signature Turo+ program, which enables drivers to request carsharing perks based on their schedules.
The company boasts a robust mobile app that provides users with the information they need to make the best choice.
Users can search for cars by location and car type, and even schedule pick-up and drop-off times.
With an estimated 300 million users, it’s no wonder that the company has become the go-to resource for car sharing and rental car users in the United States, Canada and the UK.