Progressive's official stance is that they do not provide coverage for vehicles being rented out through peer-to-peer platforms like Turo.
Their policies typically exclude this type of commercial use of personal vehicles.
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However, there have been reports of some Progressive policyholders being able to get coverage for their Turo rentals, suggesting there may be some exceptions or inconsistencies in how this is handled.
If you have a personal auto policy with Progressive and plan to rent out your vehicle on Turo, you would need to check the fine print and speak to your agent to understand if and how you are covered.
Turo does offer its own insurance protection plans that renters can purchase to get liability, collision, and physical damage coverage for Turo bookings.
These plans are separate from your personal auto insurance.
Some other major insurers like Geico and Farmers have also been known to exclude Turo rentals from their standard personal auto policies, requiring hosts to seek additional coverage.
The level of insurance coverage you need for Turo renting can vary depending on factors like the value of your vehicle, your state's requirements, and the protection plan you choose through Turo.
Turo's "Premium" protection plan, which is the most comprehensive, costs around 65% of the total trip price and provides $1 million in liability coverage.
If your personal auto policy includes features like liability, comprehensive, collision, and personal injury protection, you may not need to purchase additional insurance through Turo as a renter.
However, your policy's coverage limits may be lower than what Turo requires, so you'd need to carefully review the differences.
Some insurers, like Liberty Mutual, do offer specialized policies designed to provide coverage for peer-to-peer car sharing platforms like Turo.
As a Turo host or renter, it's crucial to thoroughly understand your personal auto insurance policy and any exclusions or limitations related to commercial vehicle use.