Listing your car in British Columbia
British Columbia hosts who choose the protection plan offered via Turo will receive liability and physical damage protection from Insurance Corporation of British Columbia (ICBC). Hosts whose cars meet our listing requirements, including being plated and registered in British Columbia, are permitted by ICBC to share their cars on the Turo platform. See these legal and insurance considerations for sharing your car. Learn more by visiting the ICBC peer-to-peer car sharing page.
You can list your car on the Turo platform without contacting your insurance broker, and your insurance premiums should not go up when you participate in Turo. That’s because Turo has ICBC’s blanket insurance. Read more about blanket insurance and about talking with your broker below.
Understanding ICBC’s Basic and Optional blanket insurance
Turo has both Basic and Optional Blanket coverage through ICBC, providing up to $2,000,000 in third-party liability coverage and up to $75,000 in physical damage coverage under Collision and Comprehensive. This coverage is in effect during the reservation period but not during the delivery period. Learn about coverage in full in this Detailed explanation of host protection | Canada. You can also read through the ICBC Insurance Policy that’s attached at the bottom of this page.
Talking with your broker
Because Turo has ICBC’s blanket insurance, you don’t need to visit your broker until your next renewal date. At that time, you may be asked if you are sharing your car on a peer-to-peer platform so it can be declared on the policy. If your personal auto insurance policy offers more than the $2,000,000 in third-party liability coverage made available by Turo through ICBC’s blanket insurance, talk to your broker about getting an endorsement to complement the plan you’ve chosen through Turo and increase coverage to the limit of your choice.