ALCATOR:
Please note: Aspiring entrepreneurs in California and Oregon should be aware of existing peer-to-peer car sharing legislation that limits the amount of income hosts are supposed to earn from car sharing in certain scenarios. To learn more about this legislation so you can decide whether car sharing is right for you, review this article.
*Figures represent the average Turo earnings among all US-based vehicles where there were at least three distinct vehicles within each market area between 01/01/2020 and 06/31/2023. Vehicles have a fair market value of $25,000 to $100,000 and are model years 2018-2024. Earnings have not been reduced to reflect costs such as vehicle maintenance, cleaning, insurance, and deductibles.
**Liability insurance is provided under a policy issued to Turo by Travelers Excess and Surplus Lines Company. Terms, conditions, and exclusions apply. The policy does not provide coverage for damage to a host’s vehicle. For questions or information about the third-party liability insurance that is included in protection plans, consumers in Maryland and the licensed states listed here may contact Turo Insurance Agency at (415) 508-0283 / claims@turo.agency. For questions about how damage to a host’s vehicle is handled, visit
https://support.turo.com/. Liability coverage is up to $750,000 for all host protection plans, except in some states and at some airports that require additional coverage. Insurance coverage limit is reduced by any amounts available and paid under any other policy issued to Turo Inc. and the guest.
***Turo is not an insurance company, and contractual reimbursement for physical damage to your vehicle is not insurance. Turo will reimburse hosts for eligible physical damage costs in excess of the deductible, subject to terms and exclusions, for the lesser of the cost of repair up to the actual cash value of the vehicle or $200,000. All listings with total market value of $125,000 or more must provide proof of an active manufacturer-installed tracker. Details here. When a trip is booked in the state of Washington, physical damage to the host’s vehicle is covered by insurance purchased by Turo, but Turo’s insurance does not change the contractual responsibilities of hosts or guests with respect to physical damage to a host’s vehicle.
"What i've learned is that Turo is PvP business. Hosts fight with Guests and Turo. Guests fight with Hosts and Turo. Turo fights with Hosts and Guests. One party is constantly fighting with another. Turo's guest quality has increasingly become so low that there are constant issues with my rentals. I've been doing Turo for 2 years, and this year will be my last. It is exhausting and only worthwhile for those who have not yet run the numbers to learn how much time they spend on it, vehicle deprecation, and maintenance coupled with low pay."
a do tohodle prostredi ted vstoupi jeste elmo a vsechno bude zality sluncem, jen co teda doresi autonomni rizeni, aby mu lidi nelitali ze silnic