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Things To Ask When Borrowing Or Loaning Out A Car | GEICO Living Anything over your State Farm policy . The answer isn't so cut-and-dry. Anyone considering participating in a P2P car-sharing program should talk to their car insurance company first to determine how much coverage they have and whether they need to purchase additional insurance. This can be a cheaper, more convenient way to rent a car than a traditional car rental agency. For no good reason, Insurance companies are not in support of the car-sharing business model, hence the reason why they dont appeal to many car-sharing companies like Turo. I juat have basic USAA, should I switch to full cover on 7 days to rent on turo? Turo's Basic Insurance Plan This plan covers physical damage to the car you're driving up but not beyond to its actual cash value. Heres An Answer. He holds a bachelor's degree from Bentley University and his work has been quoted by NBC News, CNN, and The Washington Post. In line with this, Geico doesnt cover Turo or any peer-to-peer car-sharing platform that allows people to rent out their cars to others. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Hi, I rented a car from budget & while driving on the highway the whole bumper fell off, I didnt hit anything, no pothole, nothing I did to cause this issue! Press question mark to learn the rest of the keyboard shortcuts. After realizing my policy was based out of New York, stated my full coverage would apply. Some of our partners may process your data as a part of their legitimate business interest without asking for consent. Not to be confused with rental reimbursement coverage, which is an add-on to your auto insurance policy that provides reimbursement for a rental car in the event your car is being repaired due to a covered loss or accident, rental car insurance is insurance that covers you when you rent a vehicle directly from a rental car company, such as Enterprise Rent-A-Car. However, if you're a full-time rideshare driver, you'll probably need commercial auto insurance, which is more expensive. I asked are you 100% sure. Most insurers will also allow you to share a joint car insurance policy with a friend by adding both sets of cars to the policy. No, you cannot add someone who doesn't live with you to your car insurance in most cases. What Are the Odds of Getting in a Car Accident? You can rely on our experienced lawyer to carefully analyze the facts of your case to prove the facts necessary. I have a California auto policy with Geico and wanted to rent a car in Las Vegas, NV through Turo. Does State Farm Cover Turo Rentals?-(Turo Insurance) This post contains references to products from one or more of our advertisers. I am on the same boat - located in VA and wants to rent through Turo but unsure Geico policy will cover it.