For vehicle owners in Canada, solely during the rental period, and for insurance regulatory purposes only:
- Turo shall act in the capacity of a beneficial owner of the vehicle; and
- If the vehicle is subject to a lease agreement for a period in excess of 30 days, Turo shall assume the obligations and responsibilities of the lessee as if the vehicle had been leased by Turo directly under said lease agreement,
provided that any such ownership interest or liability assumed shall be limited to the terms and conditions, including all coverages, exclusions and limitations, set out in the standard form automobile policy applicable in the province where the vehicle is registered (e.g., OAP1 for Ontario, SPF1 in Alberta, and QPF1 in Quebec).