Canadian Turo Host chats about insurance unexpected rate hikes & communication issues with my broker

"In this video, I share my experience as a first-time Turo host, navigating the process of adding a new vehicle to my rental fleet. I discuss the challenges of finding reliable information about Turo in Canada, including details on earnings, potential hurdles, and insurance surprises. After a successful 8-week run with my Mitsubishi Outlander, I decided to add a 2014 Chevy Cruze to the lineup. However, the process of adding this car to my insurance policy turned out to be more complicated and costly than expected, with unexpected rate hikes and communication issues with my insurance broker. I also touch on the differences between Turo’s guidelines and what my insurance company told me, especially around needing commercial insurance for more than three vehicles. If you’re new to Turo or curious about the Canadian rental market, this video is for you! I'd love to hear your experiences, especially if you have any advice or suggestions for dealing with insurance as a Turo host. Don’t forget to like, subscribe, and share your thoughts in the comments!"
Small town Turo Host in Atwood / Listowel Ontario
Disclaimer:
Hey there! Just a quick heads-up: I’m not a CPA, attorney, lender, financial advisor, or mechanic extraordinaire. The content in these videos is for entertainment and informational purposes only-think of it as a friendly chat, not professional advice.
When it comes to Turo, product reviews, or any related topics, always double-check the facts. Information in these videos might be outdated, inaccurate, or just my personal take. If I mention stocks, companies, or products, I might have a stake in them (who doesn’t love a good investment?).
Please don’t make any major life, financial, or car-related decisions based solely on what you see here. For personalized advice, reach out to a qualified professional. Now sit back, relax, and enjoy the ride!