Turo Insurance Explained
Choose the right policy and understand your coverage to eliminate travel headaches.
When booking a vehicle through Cameron Auto Rental, or any Turo host in Canada, it is important to ensure your insurance needs are met. All cars come with $2M in liability coverage. At the time of writing this, liability insurance is provided by Economical. The Turo help pages have insurance policy cards available and they can answer any questions that aren’t resolved by this post. Liability insurance covers damages and injury to the other party involved in an accident. It also covers injury for the driver and occupants of the rental vehicle.
Here’s where you have some choice:
Turo offers three choices for damage coverage: Minimum, Standard, and Premier. This is for coverage against any physical or mechanical damage caused to the vehicle during your trip, regardless of fault. The pricing for each plan varies based on numerous factors, such as the vehicle value and the renter’s driving history. Any pricing related questions can be directed at Turo. Visit their support page or call 1-888-391-0460. Here’s what to expect from each policy:
Minimum:
$2000 deductible; Any damages incurred will be paid for by the guest up to a maximum of $2000. For example, if a windshield chip costs $90 to fix, you will be charged $90. If the car is in a collision and requires $3500 in body work, you will be charged the maximum $2000.
Standard:
$500 deductible; Same as above, but replace the maximum amount with $500.
Premier:
No deductible. You will not be responsible for any damage costs incurred during your booking.
Of course, the Premier plan is the most costly and in most cases I would recommend Standard coverage. When booking premium vehicles, such as my 2015 Hyundai Genesis, I recommend at least Standard coverage due to higher repair costs from potential damages. For lower value vehicles, such as my 2012 Hyundai Santa Fe, repair costs are likely to be less expensive so I would recommend choosing based on price. You must assess your own potential risk and weigh your options. For shorter trips, or predominantly highway driving, you’ll have lower chances of incident and may benefit from a cheaper plan. Accidents aren’t common, but you need to be prepared for any costs associated just in case.