What Insurance do I need for Turo?

In this video I break down how insurance works on Turo. I explain what kind of insurance you need, as well as give specific recommendations for Turo hosts.

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Alex Profits is NOT affiliated with Turo

Disclaimer: I am not a CPA, attorney, lender, or financial advisor. The content in these videos should not be construed as tax, legal, or financial advice...etc, and may be outdated or inaccurate; it is your responsibility to verify all information yourself. This is a YouTube video for entertainment purposes only. If stocks or companies are mentioned, Alex Profits may have an ownership interest in them. Please do not make buying or selling decisions based on Alex Profits videos. If you need advice, please contact a qualified professional.

[armank_]

Hey Alex! Your content has been such an inspiration as I've started building my own fleet. Would love to chat sometime and get your insights on scaling the business. Keep up the awesome work!

[treyruiz]

Thank you for this 🙏🏽, I will be starting soon

[younggod]

Very informative btw, lots of other videos gatekeep

[HMJKS]

Is this business manageable if you already have a full time job? If not, anything that can be done to make it manageable?

[antonzgurskiy]

So for example you get in the accident while driving for personal needs, and report to YOUR insurance. They find out that sometimes you are renting car on Turo. Can they reject coverage? Even though accident happened during your personal use when car was NOT rented? Thanks

[mommaker]

If I choose Lula..what type of coverage plan from.turo you recommend?

[heatncool]

Do private rental insurances rates depend on your driving record since your not the one driving it ?

[younggod]

I’m stuck between leather and cotton seats. Should that defer me to buy a car

[younggod]

So you need a tax Id for abi? Is this technically commercial insurance? And I need to set up a llc right?

[drewllicious]

ok so I get that the commercial insurance companies like lula track your car for that mileage, Does that mean you can't just drive the car yourself with your full coverage personal insurance, For instance what if my car isn't booked for whatever reason and I wanna just take it on a road trip or something, Just a question