Robyn Roberts, Agent

We have talked about Lyft and Uber before and the gaps and pitfalls when it comes to your insurance if you choose that as a business opportunity. Now the latest... offering in ride sharing is Turo which is similar to AirBnB but for cars. If you choose to participate in this service, your car insurance stops as soon as the traveler takes possession of your car. Turo has a commercial liability policy to cover the liability while driving your car, but what about damages to you car? If your car is damaged, your repairs may or may not be covered depending on the package you opted into. In addition to that, you are giving up your rights to diminished value. See more

In case you missed this on Channel 2 news. Insurance rates are tied to much more than your driving record. Something you may be interested in knowing.