In this video I break down insurance the way it actually works in real life: Turo insurance versus private rental insurance. Most people don’t understand either one, so I walk you through the math and the structure. Turo is basically “platform insurance” where you pay a protection plan percentage of your revenue (anywhere from 10% to 40%). So if you’re doing $100k/year, that’s $10k to $40k gone right off the top, and on a typical $1,000/month car you could be paying $400/month on the 40% plan—crazy high for commercial insurance. Then I explain the part that catches hosts off guard: even with Turo’s protection plan, you still need your own commercial policy (I’ve seen roughly $60/month for liability up to about $110/month for full coverage, per car). On top of that, Turo makes money on deductibles too—host deductibles can run up to about $2,850 on the 10% plan, and the guest is paying their own insurance/protection costs as well. It’s a triple-dip model, and if your loss runs get too high, you can get kicked off. Private rentals are different because the cost is mostly fixed and the customer pays for their insurance. Either they use their own insurance (so $0 extra), or you sell coverage (often $20–$40/day) and pass that cost through. Deductibles are paid by the customer, and from my experience claims usually move faster than Turo claims, which can drag out for months—or even a year.