Why is Turo not approved?
Usually if they are not approved to drive either they just created the account and it’s taking them time to verify ID, or this person has had issues with other trips in the past and Turo revokes their approval. If a guest keeps a host’s vehicle past the scheduled end time without their approval via the Turo system, the host may charge for additional usage and related fees, and we may void the guest’s protection plan.
What is a Turo car?
Turo is a peer-to-peer car-sharing marketplace that lets car owners and enthusiasts rent their vehicles to others around the globe. The Turo marketplace, often called “the Airbnb of cars,” is an alternative to renting from a vehicle rental agency at an airport or anywhere you travel or need a vehicle. Turo permits hosts to use tracking and technology devices in order to track and protect their vehicles. These include, but aren’t limited to, GPS, aftermarket vehicle tracking technology, original equipment manufacturer (OEM) devices, cameras, and telematics devices.You’re responsible for any eligible damage that occurs during a trip, whether or not you’re at fault or caused the damage. By choosing a protection plan available through Turo, you can limit the amount you’d have to pay out of pocket if your host’s vehicle is damaged during your trip.The Turo system will calculate and charge you in equal installments every 30 days based on the trip’s average daily price. The system will apply any available travel credits, gift cards, and/or prior payments to new trips to the total trip cost before calculating your payment plan.
How does Turo car rental work?
Every time you rent a car on Turo, you’ll: Receive pickup and drop-off instructions from your host once you book. Check in, check out, and chat with your host through the Turo app. Upload your driver’s license or show it to your host in person. Turo Renter Liability Renters can purchase a protection plan through Turo, which may include liability coverage and help with repair costs, but it comes with deductibles and limits. If you don’t have coverage, you could be personally liable for car accident injuries, property damage, and other costs.You don’t need to have your own car insurance to book a trip on Turo. But if you have personal insurance, your own liability and physical damage insurance will be primary (assuming no exclusions) to anything you receive as part of a protection plan you select.
Who owns Turo?
Who Owns Turo? Turo is backed by a consortium of investors, including IAC/InterActiveCorp, August Capital, Canaan Partners, G Squared, Shasta Ventures, and GV Management Co. These stakeholders have collectively supported Turo’s growth and strategic direction, propelling it towards the upcoming IPO. U. S. In July 2019, the American holding company IAC invested $250 million in Turo, a deal that valued the company at more than $1 billion. According to company filings, as of March 2024 the site had 360,000 active vehicle listings.
Why is Turo so much cheaper?
Turo prices are highly variable. Because car owners set the prices, sometimes they can be cheaper than traditional rental cars — but not always. Trips in the US If you book a trip in the US but have a license issued by a country outside the US, Turo requires you to have a valid permanent license issued by your home country.Where is Turo available? You can book a car with a Turo host in the United States, Australia, France, and the United Kingdom.