Popular peer-to-peer car sharing platform Turo launched in B.C. today with over 65,000 users and 200 cars listed in the province.
With a mission to put Canada’s 23 million cars to better use, Turo connects local car owners with a bustling community of users looking for the perfect vehicle for their next adventure.
Through the app, B.C. car owners—which Turo calls hosts—can now share their cars with confidence, knowing that their car is protected by Turo’s commercial insurance policy. Turo hosts earn an average of $620 per month in other provinces where the platform has been available for several years.
“In other provinces, tens of thousands of car owners rely on Turo to offset the high cost of car ownership and cover the cost of car payments, maintenance, parking and insurance,” says Cedric Mathieu, VP and Head of Canada at Turo.
“We are proud to bring this opportunity and play our part in making British Columbia a more affordable place to live in,” Mathieu adds.
Every car listed on Turo in B.C. is automatically protected by a $2-million liability insurance coverage provided by ICBC and against physical damage up to the full value of the car, with no deductible for the host and no impact on their personal insurance premiums.
To ensure hosts are sharing their cars with responsible drivers, Turo performs extensive screening on every guest to verify their identity, age, driver’s license validity and other risk signals. Every trip also comes standard with 24/7 roadside assistance and customer support 7 days a week.
Among the cars available in B.C. at launch are a Tesla Model 3, a Mini Cooper, a Subaru WRX and an Audi Q5.