Does Your Credit Card Travel Insurance Cover Your Turo Car Rental?
When it comes to renting a car, most people are familiar with the traditional rental car companies like Hertz or National. However, there’s a new player in town called Turo. Often referred to as the Airbnb of rental cars, Turo allows car owners to rent out their vehicles to travelers. This innovative car-sharing platform offers a convenient alternative to traditional car rental companies by providing a seamless and user-friendly experience.
But what about insurance coverage when renting through Turo? Many popular travel rewards credit cards offer rental car insurance coverage as a benefit. However, it’s important to understand whether these benefits apply when renting through Turo.
Unfortunately, most travel rewards credit cards do not offer coverage for Turo rentals. This is because Turo is considered a car-sharing platform, rather than a traditional rental car company. As a result, the car rental coverage provided by your credit card may not extend to Turo rentals.
Let’s take a closer look at some of the popular travel credit cards and their coverage for Turo rentals:
1. Chase Sapphire Preferred® Card
The Chase Sapphire Preferred Card is known for its affordable annual fee and robust travel insurance benefits. However, when it comes to Turo rentals, the card’s primary car rental insurance coverage does not apply. According to the card’s benefits guide, vehicles that are not rented from a rental agency are not covered. Therefore, if you choose to rent a car through Turo using your Chase Sapphire Preferred Card, you may need to explore alternative insurance options.
2. Chase Sapphire Reserve®
Similar to the Chase Sapphire Preferred Card, the Chase Sapphire Reserve Card offers primary car rental insurance coverage for rentals from traditional rental agencies. However, this coverage does not extend to Turo rentals. Therefore, if you decide to rent a car through Turo using your Chase Sapphire Reserve Card, you should consider obtaining additional insurance coverage.
3. Capital One Venture X Rewards Credit Card
The Capital One Venture X Rewards Credit Card is known for its competitive annual fee and generous rewards program. While the card offers primary car rental insurance coverage for rentals from traditional rental agencies, it does not provide coverage for Turo rentals. If you rent a car through Turo using your Capital One Venture X Card, it’s essential to explore other insurance options to protect yourself.
4. The Platinum Card® from American Express
The Platinum Card from American Express is a premium card that comes with a high annual fee. This card offers complimentary secondary car rental coverage, meaning you’ll need to file a claim with your personal insurance policy before turning to your credit card company for assistance. Unfortunately, this coverage does not apply to Turo rentals, as stated in Amex’s terms and conditions. Therefore, if you choose to rent a car through Turo using your Amex Platinum Card, you may need to consider purchasing additional coverage.
So, what are your options if your credit card does not provide coverage for Turo rentals? Here are a few alternatives to consider:
1. Check Your Personal Car Insurance Policy: In some cases, your personal car insurance policy may cover Turo rentals. However, it’s crucial to confirm this with your insurance provider to avoid any surprises.
2. Purchase Insurance Through Turo: Turo offers three types of insurance coverage: minimum, standard, and premier. The cost of insurance will vary depending on the rental and the selected coverage level. If your credit card does not provide coverage, purchasing insurance through Turo can help protect you and provide peace of mind during your rental period.
In conclusion, if you’re planning to rent a car through Turo, it’s important to understand that your credit card’s rental car insurance coverage may not apply. Turo is considered a car-sharing platform, and most credit cards only provide coverage for rentals from traditional rental car agencies. To ensure you have adequate insurance coverage, consider checking your personal car insurance policy or purchasing insurance through Turo. By taking these steps, you can confidently enjoy your Turo rental without worrying about any potential insurance gaps.