Even if you have ZERO knowledge that your title has been washed, you're still going to be hung out to dry. how to become a commercial host on turo Absolutely make sure your car is started and running when taking pictures of the dash. For instance, youll get two weekly payments if your guest keeps the car for two weeks. You will be sorry. 10+ completed trips All-Star Hosts have hosted at least 10 trips in the past year. Commercial hosts are typically rental car companies. Assuming you actually get them to file a police report and give you a case number, give that number back to Turo Trust and Safety. The fact that you have to ask the question means that you aren't in a place where it makes sense to switch over and become a commercial host. These are the pictures I take, and I have never had a denied claim due to "no pre-trip pictures": 4x Each side of the vehicle (Left/Right/Front/Back)4x Each corner of the vehicle - Taking pictures of the corners give you a different angle and different coverage the sides don't give you4x Wheels - take a close up picture of each wheel to cover wheel damage1x/2x - Front seats (one from each side)1x/2x - Back seats1x of windshield1x of fuel/mileage1x Undercarriage front1x Undercarriage rear4x Undercarriage each wheel/axle area. Your car MUST have less than 130,000 miles before it's first trip. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Browse and compare company gigs from the best companies all in one place. For example, I have a used Mercedes that I bought for $12k - it was a good deal for a Mercedes. how to become a commercial host on turo We bring you the best gig, remote, and part time jobs currently available, then provide you with thousands of helpful articles on how to succeed in those roles. In Canada, Turo car requirements mandate that vehicles meet the following. Turo is like the Airbnb of cars, so that's why you need to review your auto insurance policy before you sign on to become a Turo host. If your car has ever been in an accident, is considered salvaged, rebuilt, or an insurance company declares it "totaled," then it's not eligible to list on Turo. Any guest on the Turo app can rent an approved Turo commercial host, regardless of the vehicles fair market value. Treat your guests like you would want a host to treat you - be courteous, be professional, be honest, be reliable. Your photos cant include any of the following. If youre ready to become a commercial host on Turo, follow these steps. I don't typically ask for an insurance card before most rentals (and I think it might be against Turo TOS), but I do on my exotics. In this case, you will need to email Turo written confirmation that your vehicle includes the proper tracking. Information for the Care, Lifestyle, Tasks, Delivery, Lodging and Trasportation sectors. A commercial host is any car rental agency that provides commercial rental insurance to cover its vehicles, guests, and itself. Through the app, guests pay a fee based on the amount of time they use the car. If you list three cars, that average rises to $31,547 annually. Another nice benefit is that you can access these guests by listing your entire car fleet free on the app. I started out in the high-end market and found that the return on investment on high-end vehicles just isn't there. Guests can report hosts if they provide unclean or unsafe vehicles or transactions. I have dealt with many, dare I say almost all, of the different issues hosts come up with on a day-to-day basis. When owners decline Turo's insurance coverage, they are considered a Commercial Host. Personally, all of my cars are in a single LLC. Put simply, Turos liability insurance lowers the amount a guest pays out-of-pocket if they damage the hosts vehicle. In the United States, you can only list a U.S.-registered vehicle on the Turo app. Youll also see what insurance coverage the host provides with each rental and get an idea of pricing. It has often been called the AirBNB of car rentals. Turo provides a list of vehicles it wont allow on its platform. Turo only accepts commercial hostsfor vehicles registered in New York state. Zero. How to List Your Car on Turo as a Commercial Host, The car must be no more than 12 years old, The vehicle must maintain an available status on other rental platforms, You must have your own commercial rental insurance policy, Your vehicles must pass an inspection by Turo, A vehicle cant have a damage history that involves a total loss, Vehicles with over 130,000 are eligible if they meet all mechanical, safety, and legal standards, Name of your company and state of incorporation, Your business EIN or social security number, Proof of commercial rental insurance policy. Unless you are an established RAC with all of those services already in place, it's not worth the 5% difference to lose all those services. In 2014 he acquired Ridester.com to share his experiences with other drivers. Do NOT list a car with anything but a clean title. I want a fancy car, but I don't want to pay for it. Let me know if you have any questions. Lastly, sales tax and local taxes may apply to your vehicle rentals. Turo doesnt list specific car requirements in this case. If a host does not show up at the appointed time and provides no prior notice, Turo will fine them $150. Please listen to me. Hosts in the United States use Stripe. The percentage paid out to you in the United States comes to 92.5% of each trips price. You will owe far more than it's worth. Customers view the catalog of thousands of submitted vehicles and select one ideal for their trip or errand. Make sure it says drivers license and not ID. Turo will remove your vehicle from its app if it doesnt receive a new inspection report 12 months after your last vehicle inspection submission. You'll choose one of these insurance levels when you make your car available through the Turo website or app. Once you get a request from a customer, respond to it promptly and negotiate pickups, deliveries, and returns. Just figure out what you make total to turo (the grand total) and then when you have your grand total crunch both the 85% and 70% numbers, and at some point the 85% will be much more appealing. Demand on the app has increased by 70% over the past few weeks according to Yahoo Finance. How to message a Turo host. Brett Helling is the founder of Gigworker.com. But here's the fun part: Turo will still let you list the vehicle. Ask yourself what makes your vehicle attractive to guests. You will have to argue with them that they do exist and often have to link them to the specific pictures because they refuse to believe that you actually took pre-trip photos. While you can find cheaper rentals than Turo in 2023, they often have more fine print and expensive restrictions. Theyre put in place to protect both the vehicle owner and the renter. You cant list a vehicle older than 12 years. Consider how much you currently invest in advertising. 2,476 Sq. However, in 2020 their net loss was $51.7 million and in 2021 a net loss of $107.8 million. Turo isnt involved in any manner with car insurance needs. The check will be issued directly to whoever is on the title. However, the popularity of your vehicle on the market varies based on availability, rental price, make, model, and year. What Happens if You Decline Turo Insurance Coverage Ask yourself if you can reduce your advertising budget without losing out on sales by using Turos built-in market. The company has over 450,000 listings across the US and Canada, so it's available in most major cities, and I have found it to be more affordable than booking through companies like Hertz and Enterprise. So now you know the ugly truth about your insurance. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Browse the most lucrative promotions we offer. There is NOT one single insurance carrier that covers your car or YOU as a host. Well okay then, it sounds like cheap cars are the way to go. Hosts must have insurance on any vehicle they submit for rental. Someone else is driving your car and the rider on your policy DOES NOT COVER THAT, no matter what your agent tells you. Often times, renters will hit something, possibly they won't even know it, but having before and after pictures of the undercarriage will protect your suspension parts, wheels, as well as any ground effects you might have. The vehicle cant have any major damage that would impact the safety of the vehicle or its passengers. How to Smoothly Manage Your Toll Reimbursements? - Medium How will guests able to select my commercial insurance as coverage? This is absolutely true. I show you step by step on how to become an All Star host on Turo. You cant list a vehicle on Turo in Canada with dealer plates. Lets review how to get your car onto the Toro app. What Turo wants and what you should do are two different things. How Does Turo Car Rental Work? | SmartFinancial With cheap cars comes cheap renters. You get to set the pricing and availability of your rental car and select a protection plan. Yeah, so have a lot of hosts. What they DO care about is what Carfax says. Should I buy high-end cars (Mercedes, BMW, Audi, Lamborghini, Ferrari, etc.)? Hosts simply have to list their vehicle on the Turo website or app and wait until guests message them about booking their car. Income loss. The main appeals of Turo are convenience, ease, and fast money. A guest currently using your car can finish their trip. It is the primary factor used when someone decides what your car is worth. Youll need to decline all car insurance protection on your fleet inside the Turo app to operate as a commercial host. Yes, your personal insurance will supplement the Turo plan you purchase. This can often take a while, and if the bodyshop doesn't handle it properly, it can be a pain but Turo does always seem to pay up in the end, and ultimately, it's the bodyshops responsibility to get the money from Turo and submit the proper paperwork. You can charge an additional security deposit or include extra eligibility requirements when approving drivers on the Turo app. If your car is stolen, it's going to be at least 1 - 3 months before you see any money for the car. As a traditional car rental company, you already have commercial auto insurance in place. Many agents do not understand the difference between Carsharing and Ridesharing. Do your best to make sure the picture matches the selfie, but it's very hard to tell sometimes. Don't believe anyone telling you differently. you might be saying? You can arrange pickup at set locations, unlike static rental offices. I also require the guest to take pictures as well, so that there can be no dispute about pre-existing damage. As a commercial host, you can set up your customized daily pricing. First, create an account on the Turo website and provide all of the required information listed above. Yes, it makes less per month, but not a lot less, and it cost less, parts are less, and it rents out daily for less - so it rents out more often. You must provide instructions to guests on how to do so outside of the Turo platform. As a host, Turo doesn't care about you in the slightest, no matter what platitudes they might speak. This is the name that MUST MATCH the name on the license. Even with only a few used cars, theres potential to earn with Turo. If youre outside the United States, then you can only list vehicles registered in the United Kingdom or one of these five Canadian provinces. Never buy new, and never pay more than MMR. Turo can be a great opportunity for making money, but you should consider these points before you make a decision. Save my name, email, and website in this browser for the next time I comment. I read on Turo that they will not be responsible for collecting reimbursement (i.e extra mileage, cleaning fees, etc) so how would that work? 2.5 Baths. The class of people that rent low-end cars typically don't have a job or have a low wage job (thus can't afford to fix your car if it gets broken), don't have insurance, have little to no respect for property, and are generally a pain to deal with. When you go to submit a damage claim, they will tell you it's not eligible and you're left to hang in the wind. At this time, you can also file a loss of use, based off the number of days it was out of service, as well as a diminished value claim. It may seem excessive to take pictures of the undercarriage, but I have had several claims where the pictures have saved me.