With the pandemic causing a rise in rental car prices due to supply chain issues, peer-to-peer car sharing has become a popular alternative for those in need of a car while on vacation.
Companies like Turo, described as the “Airbnb for cars,” allow private car owners to rent out their vehicles through their website.
However, experts are warning potential renters to be careful and ensure they have proper insurance in place before renting a car.
Personal insurance policies may not cover this type of transaction, and those looking to purchase insurance through the app should be sure to understand what it covers.
Additionally, users are encouraged to verify the reliability of the vehicle they are renting and read reviews before booking a specific car or truck.
BBB is issuing a warning on peer-to-peer vehicle sharing, reminding individuals to be cautious and informed before renting a car through these services.
