Does Geico Cover Turo?

Introduction

If you’re considering renting out your car on Turo, or if you’re planning on renting a car through Turo, you may be wondering whether Geico will cover you in case of an accident. In this article, we’ll take a closer look at Geico’s policy regarding Turo rentals.

What is Turo?

Turo is a peer-to-peer car rental service that allows car owners to rent out their vehicles to other people. Turo is often compared to Airbnb, but for cars instead of homes. Turo is available in many cities across the United States and is growing in popularity.

Does Geico Cover Turo Rentals?

The answer to this question is not straightforward. Geico’s policy regarding Turo rentals can vary depending on the state you’re in and the specific policy you have. In some cases, Geico may cover Turo rentals, while in others, they may not.

Geico’s Policy in California

In California, Geico will cover Turo rentals as long as you have the appropriate coverage. Turo requires hosts to have liability insurance with a minimum limit of $1 million per occurrence. Geico’s policy in California includes this coverage, so if you’re a host in California, you should be covered.

Geico’s Policy in Other States

In other states, Geico’s policy regarding Turo rentals is less clear. Some policies may cover Turo rentals, while others may not. It’s important to check with your specific policy to see if Turo rentals are covered.

What if Geico Doesn’t Cover Turo Rentals?

If Geico doesn’t cover Turo rentals, there are other options for insurance coverage. Turo offers their own insurance policy that hosts can purchase. This policy provides liability coverage up to $1 million per occurrence and comprehensive and collision coverage up to the actual cash value of the car.

What is Covered by Turo’s Insurance Policy?

Turo’s insurance policy covers liability, comprehensive, and collision damage. Liability coverage is required for all Turo rentals and provides up to $1 million per occurrence. Comprehensive and collision coverage is optional and covers damage to the car up to its actual cash value.

What is Not Covered by Turo’s Insurance Policy?

Turo’s insurance policy does not cover certain things, such as intentional damage, off-roading, racing, or driving under the influence of drugs or alcohol. It’s important to read the policy carefully to understand what is and isn’t covered.

What if You Have Your Own Insurance Policy?

If you have your own insurance policy, it’s important to check with your insurance company to see if Turo rentals are covered. Some policies may provide coverage for Turo rentals, while others may not. It’s important to have the appropriate coverage in place before renting out your car on Turo.

What if You’re Renting a Car on Turo?

If you’re renting a car on Turo, it’s important to understand what insurance coverage is provided by the host and by Turo. You may also want to consider purchasing your own insurance policy to provide additional coverage.

Conclusion

In conclusion, Geico’s policy regarding Turo rentals can vary depending on the state you’re in and the specific policy you have. In some cases, Geico may cover Turo rentals, while in others, they may not. It’s important to check with your specific policy to see if Turo rentals are covered. If Geico doesn’t cover Turo rentals, Turo offers their own insurance policy that hosts can purchase. As a renter, it’s important to understand what insurance coverage is provided by the host and by Turo and to consider purchasing your own insurance policy for additional coverage.