What You Must Know About Insuring Your Turo Fleet

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00:00 - Intro
What's up, you guys! Today, we will be sitting down with Rafi from Lula to discuss all things car sharing and insurance. Let's get started!
03:10 - Introduction to Lula and Rafi
04:10 - Carsync and Lula Partnership
05:40 - What is Lula's role in Turo and Insurance?
08:50 - Why Do Turo Hosts Need Insurance Outside of Turo?
11:39 - What is the Difference Between Commercial and Personal Insurance
14:03 - Who is Lulas Target/Ideal Customer?
17:00 - How to Protect Yourself?
23:33 - Which Turo Protection Package Should Hosts Choose?
28:20 - Misinformation Hosts Should Be Aware Of
30:54 - How Does the Claims Process Work?
32:40 - Anything Hosts Should Know?
34:30 - Closing
I hope you guys enjoyed this video; make sure to hit the like, subscribe, and the notification bell, and I will see you guys in the next video.
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Disclaimer:
I am not a CPA, attorney, lender, or financial advisor. The content in these videos should not be construed as tax, legal, or financial advice...etc, and may be outdated or inaccurate; it is your responsibility to verify all information yourself. This is a KZbin video for entertainment purposes ONLY. IF stocks or companies are mentioned, Aubrey may have an ownership interest in them - Please do not make buying or selling decisions based on Aubrey’s videos. If you need advice, please contact a qualified professional.
#Insurance #Turo #Claims

[@hwalton211]

I am an insurance agent licensed in all states. So I found this interesting. It's not as confusing for me as it is for most people. You have 2 periods of time. One starts at the time a rental period begins (Turo guest takes possession of the vehicle) and the other period is when a vehicle is NOT on a rental. If you only had a few vehicles also used for your own personal use more often than not, and they are registered to you personally, then personal auto insurance covers those times NOT on a rental period. It's not that personal auto insurance "does not allow" the car on the policy it is the fact that a BUSINESS policy, such as Turo's host insurance, is the only coverage that applies during a rental period. When you start to talk about fleets of several to hundreds of cars, you need a business policy, since the purpose of having multiple vehicles is to run a business. This new option for Turo hosts sounds like an idea whose time has come and for $79 a month it is a very good deal, provided that it is a vehicle not primarily used for personal use. So it all comes down to usage and purpose of usage. The biggest thing to understand is that a personal auto policy DOES NOT cover any vehicle during a rental period (when you are a Turo host). The other thing about Uber and Lyft and other rideshare is that there is also NO COVERAGE from the personal auto policy from the time you accept a trip until the time you complete the trip. Rideshare Gap, which covers you during the time you are logged in and UNTIL you accept a trip, and again after the trip while waiting for another trip, is an added coverage that is needed to have coverage while logged in but have not accepted a trip yet. Many states that have rideshare gap also require certain limits of liability (ask your agent for more details) Some states do not have RideShare gap at all. Also, if you are reading this and you use your car for Uber, Lyft, Postmates, DoorDash, Instacart, etc., be aware of what deductible will apply if you are in an accident (and at fault, or other driver is at fault and has no insurance). Based on my recent research, most Rideshare companies now provide ONLY liability for bodily injury or property damage to a third party while on a trip for them, and may DO NOT cover any damage to your car. BEFORE working for ANY rideshare network, make sure you know if there is any coverage for damage to your car FROM THE RIDESHARE COMPANY, and, if so, how much your deductible would be. Always call your insurance company and ask questions. Since many rideshare companies no longer provide coverage for any damage to your vehicle while making a trip for them, and your personal auto policy also does not cover it either, a commercial policy is needed. While rideshare companies ask for proof of personal auto insurance, it is misleading and often leads to a complete misunderstanding, as there is NO coverage from a personal auto policy from the time you accept a trip until you complete the trip, and in other cases you are not covered when logged in and not on a trip. So when they ask for proof of personal auto insurance, they lead you to believe that coverage applies, but it does NOT! This is an excellent insurance program. This coverage makes sense for those who ONLY use a car for rideshare and not for personal use. And yes, the answer from EVERY personal auto policy will be NO COVERAGE applies during the rental period unless there is a commercial component to your policy. There are some commercial policies that cover you both for personal use and for business use. The suggestion to contact Lula and ask questions is indeed great advice! For consumers renting from Turo, the idea to understand is that when you have an auto insurance policy, coverage for liability insurance covers you while driving any vehicle, this coverage is for bodily injury or property damage to a third party if you are at fault in an accident, so it is important to understand that your personal auto policy covers you FOR LIABILITY while you are driving your own car, a moving truck, or a rental car, a borrowed vehicle, and it can be any non owned vehicle or a moving truck, whether owned by a Turo host or a car or truck rental agency. Coverage for damage to a vehicle, however, is not as cut and dry and NEVER applies from a personal policy to cover damage to a moving truck, it is only for rental of a private passenger vehicle, which is what Turo hosts are renting.

[@scottog4783]

Thank you for writing all of this I appreciate the knowledge you have shown on this subject. I wish I could copy it down so I could bread it again. Hard to read on my phone.

[@kelvinolg]

this is excellent feedback. thank you for taking the time to share!

[@rashaadcason4505]

This reply was perfect!! Got all I needed to know from this alone. 🙏🏾

[@Reverend-Race-Horsey]

You can fake the Exif metadata on Turo when a customer damages your vehicle and upload those fake photos! Just be sure to take photos at least once per week...but you don't need to daily! ☒

[@user-ih6vg4rr9r]

Awesome!! Thank You for the explanation!!!

[@FrankCastle240]

Im not seeing the problem or where the confusion lies. You use your own insurenace when accidents happen when the car is not rented, and use the Turo insurance when there is an accident while the vehicle is rented. No need for commercial policies and things like that when you only have a few cars.

[@TOSHADORTCH]

My personal insurance cancelled me for my cars being listed on turo.

[@Dominus_Ryder]

@@TOSHADORTCHHow did they find out they were listed on TURO?

[@TOSHADORTCH]

@@Dominus_Ryder I probably told on myself because my customer didn't want to pay the out of max cost on Turo and my deductible with Turo was so high I had to fix my car myself.

[@ryannn98]

You have to tell your insurance provider if your car sharing

[@Dominus_Ryder]

@@ryannn98 F-That…I ain’t telling them 💩!

[@yourcarbuyingadvocate]

Excellent video. Keep up the great content. We appreciate you!

[@jeffvandaveer9628]

I appreciate your content...thanks for all your Hard Work!

[@AubreyJanik]

Thank you! ❤️

[@tonireed4308]

Outstanding video...Great content! Thank you for sharing the knowledge Guys :)

[@AubreyJanik]

I wanted to do this interview, because insurance is BY FAR the number one question I get asked, insurance is such a personalized topic based off of your goals, fleet, and your day-to-day life. And though this conversation with Rafi may not clear up all the questions you have, I do think this provides some great and needed context into the world of Insurance. If you want to check out Lula ORP program you can visit: www.lularentals.com/aj (this is an affiliate link that I do make money from) or you can also visit www.lularentals.com/orp (This is not an affiliate link and I will not make money from this link) One final note, there is a number of pages impersonating me in hopes of getting your personal info. I will never, ever, ask for your personal info either through Instagram, email, DM, or KZbin comments. If something seems fishy, it probably is. If you see someone impersonating me, please report them. Appreciate you all!

[@topeliteautosale7658]

SO WHY ARE YOU PROMOTING THERE LINK, LULA IS A technology company, NOT A INSURANCE COMPANY

[@AubreyJanik]

@@topeliteautosale7658 they provide insurance through their insurance partners.

[@lauralong3091]

@@topeliteautosale7658 she was very clear about that in the video

[@Reverend-Race-Horsey]

You can fake the Exif metadata on Turo when a customer damages your vehicle and upload those fake photos! Just be sure to take photos at least once per week...but you don't need to daily! ☒

[@Wire-Free]

This is a huge game changer🎉 Thanks Aubrey

[@AubreyJanik]

Thank you for watching!

[@Hollingsworth_Household]

Fantastic solution for my needs. Full coverage for $79/month which includes Hail in the Colorado area is a hundred dollar savings for me. Big relief for a 2 car beginner Turo owner. Thank you Aubrey!

[@Reverend-Race-Horsey]

What I also like about Lula is you can fill out and apply to have your car approved with Lula on their website before you pay anything; ABI Period X charges you an upfront fee to do do this...then they reimburse it back to you if the car isnt eligible.

[@goodtymzprogramming5400]

Excellent work thanks great video

[@Tubular1517]

Tanner at Lulu advised on 10/4/23 they have a 5 car minimum & they cannot on board a car with more than 125K miles, even if it had less than 125K when put on Turo. Otherwise Lulu cannot help, also its around $90 monthly, not $79.

[@Reverend-Race-Horsey]

Yes and ABI Period X is another

[@g1ooo351]

Very informative thanks!!

[@hermanpeters549]

As an insurance agent please tell your agent so they could talk to underwriting so they will leave no doubt

[@carlos1231215]

Great information, thank you..

[@innovationpropertyatlanta]

Great gems Aubrey!!

[@nemiasdasilva6849]

I see more questions than solutions.

[@LongtowerNyc]

Very very very good video. I’m in NY and Turo requires commercial insurance for NY! However the grey area is in the companies TOS where most to all don’t allow car sharing!! So to just use LULA at 79.99 is a HUGE win! Not using the vehicle for any other purposes anyway. Thank you sooo much. I’ll call Lula to confirm just insuring with them is possible!

[@MsLECB]

I just learned that Lula no longer covers New Yorkers.

[@YungBlackAce]

People should also look at GMI insurance as they specialize in rental fleet insurance as they do have good pricing structure.

[@offspringrocks08]

Theyre impossible to get ahold of and never answer the phone.

[@emilyrodine3601]

This was really helpful. I just reached out to Lula to get on a list to be notified when the 3rd program might come out for when I rent my car 50% on turo and 50% private use.

[@allanm3763]

Did you ever get a response?

[@sifachurch]

This is helpful

[@Blakgun]

If only Lula was easier to reach and add cars to my policy. It sometimes takes days before a new addition will get approved.

[@ttfrhoncho6716]

This has been a rough year for me in this. My insurance costs have gone up over 50% Even so, and with another $6k in repairs, I'm at breakeven for the year. I think it'll be a good/decent year even with the most expenses I've had in the last three years combined.

[@stevenevangelist5221]

another awesome video. Still scared about the insurance.

[@LeightonM]

This sounds a lot like ABI. From my experience ABI seems to be a little less expensive, but I do like the idea of a plan that covers you if you use the car for business and personal. I read below in another comment that Liberty Mutual offers 50/50 coverage, so that may be something to look into for some hosts.

[@meltdownblitz]

Liberty mutual is crap. They called me and essentially said they do not provide insurance to individuals who are not able to park all their vehicles on their property with an exception of 1 or max 2 on the street because they have been getting too many claims with vehicles parked on the street. For larger vehicle fleets, you should avoid LB unless your able to park your entire fleet on your property. I told them i was able to park about 10 of my 14 cars on my property in my driveway and they denied and wouldn't offer me coverage.

[@Reverend-Race-Horsey]

Lula is better because you can get 350 miles instead of ABIs 250! Also ABI is troublesome to work with. ABI doesn't provide sufficient documentation to provide to the DMV. You have to request ABI to call your state's DMV to provide more information so the DMV can confirm your insurance, this process took me 6 months! ABI has too many customers, so Lula sounds like it'll be better. I'll utilize Lula for my newer cars. 🚘

[@universalkidsfurniture]

what about the renters personal car insurance that covers the renter while using a host's vehicle?

[@tredamon8631]

Which carrier would be best for Porsche because LULA doesn’t cover Porsche :(

[@Drivetowin13]

So many people don't understand care sharing and personal policies until their car is in a major accident and the drivers come after you, turo and your personal policy. Fact is you need coverage both while renting the car on turo and while it's not being rented and that's where Lula is good because it's designed for that exact purpose. Most insurance companies will not give you a personal policy if you tell them you plan on renting on turo because they don't want the liability if your rental is not covered under turos policy.

[@Reverend-Race-Horsey]

ABI is good too. Safeco and Liberty Mutual(Turo's former insurers) are OK too if you want full coverage as a driver if you plan on driving the car. ABI and Lula are only 250 - 300 miles of "business use". I believe ABI/Lula will deny a claim if you don't have an actual Turo trip within 24 hours...as they will say it wasn't "business use"! ⚠ But apparently, Lula doesn't take cars with 120,000+ in miles on the carsharing $79/month plan. ⚠

[@ericgoldberg1079]

This was great!! As a person who is about to put 2 cars on Turo. But what Turo insurance plan should I select? Yikes 😮

[@Midwest..]

75/25 % 😊

[@A.R.Hustle]

$79 flat rate is way too steep for only covering the vehicle between rentals. We just started Turo and for only having our cars for a few days out of the month but paying basically $80/ each is ridiculous. Eventually we might end up having to get one of these policies with Lula or GMI but I hope more insurance companies start offering coverage because competition will bring these predatory prices down

[@toddbrocklesby6554]

I agree. I get a full coverage policy from SafeCo for less than the Lula rate and I can drive my Turo vehicles as often as I like. However, I have an excellent driving hx and have been driving for more than 40 years. Other less experienced drivers or drivers with points or accidents will not get these kind of rates.

[@scottbolton2075]

I wish that somebody would do something similar to this over here in the UK! I would be eager to hear what other UK hosts do about their own insurances.

[@61109hbm]

Great information! I like your videos a lot. Btw I just found out that liberty mutual offers a “50/50” policy for car sharing host even if your vehicle is under a LLC.

[@AubreyJanik]

Wow, even under an LLC? Very interesting! I’ll have to look into that! Thank you for the heads up!

[@haydengrant8253]

Yea liberty mutual is the best. You just have to have 3+ cars and be a all star host

[@meltdownblitz]

Liberty mutual is difficult to get for larger fleets. They called me and essentially said they do not provide insurance to individuals who are not able to park all their vehicles on their property with an exception of 1 or max 2 on the street because they have been getting too many claims with vehicles parked on the street. For larger vehicle fleets, you should avoid LB unless your able to park your entire fleet on your property. I told them i was able to park about 10 of my 14 cars on my property in my driveway and they denied and wouldn't offer me coverage.

[@jeibae8786]

The canceled me after 8 years when I rented to a client outside of Turo after they found out I was a LLC rental company.

[@cwiley2212]

@jei who are using now for private rentals and how could they find out if u don't mind sharing

[@jeffsoliday8336]

Any update on this service. I have tried to contact them but have been unsuccessful.

[@Mezonator656]

Lula has no phone number on website. I don't like companies who don't have a phone number to contact.

[@Reverend-Race-Horsey]

You email them!

[@Mezonator656]

@@Reverend-Race-Horsey too late signed up with statefarm. They answered my call.

[@topeliteautosale7658]

one problem is that geico/state farm/ usaa/ traverlers insurance doesnt see ride-share as legal car rental business. when enterprise or avis run out of cars to rent to customers that need cars for vacation or insurance claims accident, they tell they customer they will not honor ride-share rent receipts. i have came across this problem many times, so when a customer rents from me on turo, i have to give the insurance company a business car-rental receipt that shows my dealership name instead of turo. when enterprise runs out of car, the insurance adjuster looks on google or yelp for car rental companys not turo.

[@AubreyJanik]

Interesting, I’ve never ran into this issue. So are you talking about if you try to go after the guest directly for claims? Rather than use turo?

[@Reverend-Race-Horsey]

Turo is their competition, so they don't recognize them.

[@topeliteautosale7658]

@@AubreyJanik INSURANCE CLAIMS RENTALS ARE BETTER THAN TURO. you will always have a rental in your car for 2 to four weeks allday long. $50.00 a day

[@cybergrindin]

300 miles a month? 😂😂 that can be 1 customer rental

[@Reverend-Race-Horsey]

They don't include customers mileage in when car is rented out. You'll have to disable the car/killswitch it if returning late.

[@Newkom100]

Great video, how would I also use a Turo Car for delivering for UBER eats? Would I just get the UBER eats coverage? Assuming I never use this Prius for personal use. Just use it for Turo and UBER eats to have the car always earning money for me.

[@Zip_Zero_ZILCH]

I guess I have essentially two separate questions. I'd like to know will they be partnering with any GPS company like ABI does to monitor the mileage cap? I'm also curious about specifically Michigan operation. There are certain things about ABI I didn't like. Finding I have to change to a specific GPS and more importantly is the cost difference are concerns. They advertise a low price for everyone except for when it comes to Michigan and the no fault laws. We end up not saving really anything at all and our pricing is nowhere near what they claim or advertise.

[@Reverend-Race-Horsey]

Yes. I'm in at-fault state here too(New Orleans, LA). We have the highest insurance rates in USA 🇺🇸 🚘! I pay ABI about $135/month + $25 for tracker, so $160. But that beats the $350 month insurance!

[@TruckTaxiMoveIt]

I'm considering entering the ride-sharing space, can you tell me what vehicles I should buy and why?

[@popoclay5532]

Curious about this since Turo is no longer partnered with CarSync, but Lula requires a CarSync account. How does that work?

[@Reverend-Race-Horsey]

You just make the CarSync account!

[@CogitoErgoSum732]

Wait, I have LULA and I was told that it does cover the vehicle during a trip. Can someone answer this for me please.

[@Reverend-Race-Horsey]

It doesn't. That's what Turo is for. This $79 plan only covers your "business use" for up to 350 miles. The Lula $150+ commercial plan covers renters who damage your car, but not liability.

[@net4u2]

If I have personal coverage that would cover me when I'm driving the car (to the car wash and other business related uses, etc.) and then Turo covers me while it's out on rental then is there any benefit to using Lula? I'm paying about $59 a month with a personal policy.

[@aisagastore]

Very cheap, which company are you using?

[@toddbrocklesby6554]

Which Insurance company is that, and did you tell that provider that you are renting your car via Turo? I found an Insurance provider that covers me while the car is NOT be rented and have very competitive rates (as cheap or cheaper than Lula), without restrictions on how often I can use the vehicle while not being rented.

[@Reverend-Race-Horsey]

Apparently, Lula doesn't take cars with 120,000+ in miles on the carsharing $79/month plan. Someone told me this...I will need to check then re-update. You may need to use ABI or standard insurance + a "rideshare" endorsement if higher mileage at car signup/registration! ⚠

[@josecarloszepeda1402]

I have a question, if a renter crashes your car what if they show your personal insurance card to the other driver

[@Reverend-Race-Horsey]

Don't put it in car! Just the Turo Incident Insurance Card!

[@aubreybush5287]

Do you ever have all vehicles being returned at the same time? howdy you manage this if you only have 4 parking spots

[@MikeJones-zu7cq]

Thanks, but no coverage in Massachusetts. Someone help! Have 6 cars and am getting killed by my monthly insurance rate.

[@Skinnymoss81]

Wait LULA not covered in MASS?

[@MikeJones-zu7cq]

@@Skinnymoss81of course not

[@dharmikdesai7995]

Is there any any insurance out there where I can insure my car for persosnal and Commercial ?

[@Fjord_Driver]

What I got from this, and the comments, is this. Various companies are happy to take your money and then decline any coverage responsibility. Excellent business idea. Forget Turo, go into the pseudo insurance biz. Your main expense will be paying the law firm to type up pages and pages of small print so you don't have to pay anything ever.

[@Xi-phar]

So basically, I’ll pay for Turo’s protection plan, my personal insurance, and then the LULA coverage? Still not understanding.

[@AubreyJanik]

Well, if you were driving the car for personal use, Lula wouldn't be the best option, as technically you would have to buy those three policies, which just wouldn't make sense and would be too expensive. If you are driving the car for personal use, there are some policies that allow car sharing, I know Liberty Mutual used to, but I am not sure if they still do. Lula would make sense if you are someone who is not driving your car for personal use and just for business

[@Reverend-Race-Horsey]

It's basically to get state insurance/license plated legally at a discounted rate. 📈

[@jessekahooya]

Wait what happened to the bike in the bike? Also I've always wondered if it was real or not?

[@AubreyJanik]

It is real! Im changing my backdrop soon and wanted to use the bike to ride lol so I took it down

[@yanielguerra8522]

Hi, I have LULA now, but I'm concerned because I am in the miami fl area and the big question now is, can I rent my car directly to my customer outside turo platform and still protect? I need any license or permit from my state or county? Thanks you great interview.

[@topeliteautosale7658]

this is when you really need commerical car rental insurance that cover that, because lula doesn"t cover that

[@AubreyJanik]

Lula has 2 insurance programs - the ORP would not cover this as it’s for Turo and car sharing. But they have another program that would cover it which is used for direct rentals, it would cost more than $79 though

[@topeliteautosale7658]

Lula doesn't cover that, sign up with gmi

[@richardsantana4175]

Is Lula available in VA.

[@marketbuy]

Sounds great but how quickly can they pay out the claims since they are basically a 3rd party vendor?

[@Reverend-Race-Horsey]

They likely won't pay any claims. Mainly useful for just having insurance. And only "business use" up to 350 miles per month. You could theoretically drive over 350 but not be covered, that's probably what I'd do. ABI is only 250 miles.

[@AO-bz6zc]

Would Lula cover damages by theft or hit and run while not rented? Because ABI does not and that alone is enough for me to switch all of my cars over.

[@AubreyJanik]

I’m actually not sure on that- I’ll check and try to get back to you!

[@Reverend-Race-Horsey]

Not for $79/month!

[@gleanup-it-infrastructure426]

Do you know similar to Lula in Canada?

[@Takeiteazy89]

So let me get this straight. So I’m using lula right now and I have the $150 a month plan that I was told covers my vehicle when damaged by a guest with a $1k deductible. I got this because it is a cheaper alternative to filing claims with Turo because I’m on the 90 plan. Is he saying that there is no point of having this coverage because they will not honor a claim while it’s on a turo rental???

[@Reverend-Race-Horsey]

Yup! The $150 month plan is actually commercial insurance. It covers damage to your vehicle when a renter damages it and offers liability protection to YOU only when using it for business use. ✔ You can opt to use it instead of HyreCar, but your rates will go up. 📈

[@AdeFAkamo]

@@Reverend-Race-Horsey So essentially for the $150/mo option is the choice to use when you want to rent directly to renters instead of renting through Turo,Hyrecar, etc? And 79/mo coverage is just for when the car is not being rented on turo,hyrecar, etc?

[@Reverend-Race-Horsey]

@@AdeFAkamo Yes. Lula has two plans. Good luck. 🤞

[@patrickuriza7578]

I you do lot want to sign right away they play all kinds of tricks like delaying your payments or send you to substandard body shops 🏬 so they can lie on your face, they may thinks you need the money right away but make sure you hire your own estimator

[@antonzgurskiy]

Just get the cheapest coverage, just to have it. Unless you drive it a lot personally and want to be protected more.

[@henrywan7449]

I was one click away from submitting a signed contract with payment, but I backed out. I went back and watched this video several times; my understanding is Lula only covers when the car is NOT being rented. So, paying for the vehicle sitting around...? Then what's the difference if I put it under my insurance if my insurance won't cover the car on/off rental anyway..? If they kick me off the insurance when they find out, so be it. I want to understand why I need to pay $79/ month for Lula if basically nothing is covered when you get sued...

[@yuribelt707]

😂 damn watch the video again so you can understand 🤦🏾‍♀️

[@JuanRamirez-gm9kt]

This is still a scam, you do all this and if the car is total GAP won’t cover the upside amount and nobody tells you this and TURO still takes your car in knowing you will be facing this when your car is total.

[@toddbrocklesby6554]

What about PIP? Can I be sued as a Turo host if a renter is injured in an accident by an at fault uninsured driver or if the renter is injured in an accident that the renter was at fault? The reason for asking this is that it was recommended to me that I get an umbrella policy.

[@HunterHastings_]

$79 per car.... to protect you driving to get a car wash?! No thanks. He kept saying double paying as in personal insurance and the Turo protection plan but I pay a lot less than this on my vehicles. Also if the insurance company doesn't cover during rentals why does it even matter if they are pro Turo or not?

[@Reverend-Race-Horsey]

Its actually more than $79. It's about $135. And it goes up from there based on how many claims you file. It can easily exceed $400 per month. They can drop you too, if you file too many.

[@meltdownblitz]

They do offer a plan for private rentals. Quoted me $129 a month per car but I have over 10. If you have less then 10 I believe its about $150 or so.

[@Reverend-Race-Horsey]

@@meltdownblitz Did you have issues at the DMV? They didn't accept my insurance cards from ABI. I'm looking into Lula or GMI now. We don't have MetroMile here.

[@meltdownblitz]

@@Reverend-Race-Horsey I don't have metromile either. Some of my cars they accepted and some they didn't. All you have to do is tell your ABI rep to verify the insurance with the DMV which is literally like pulling teeth sometimes which is why I'm looking into other insurances as well. Customer service at ABI just isn't the best. One of my cars went for almost a year with no insurance in the eyes of the DMV because they couldn't verify insurance with ABI. Took ABI 2 months to fix it. GMI is too expensive for me when I checked about a year ago. They wanted $400 a month/ per car. I laughed and moved on

[@Reverend-Race-Horsey]

@@meltdownblitz Ok thanks. I know on Dec 10 Lula is rolling out something similar to ABI, but you get 350 miles per month. I think I'll try them. ABI has too many customers, I think.

[@meltdownblitz]

Thanks Aubrey for doing the interview with them and producing great content. Lula essentially copied what ABI has been doing except ABI is $65/month per car. I just don't see a reason for anyone to choose Lula when you can get the same coverage with ABI for $14 less per month/ per car. Also neither company picked up Trackmate GPS as a accepted GPS company which is what I use on my 14 car fleet.

[@diamondedwards3791]

I'm doing the math for myself right now and the difference is $1000 vs $2500 deductible and the trackers are $57 vs $65 (which you have to return with onestep) and the monthly fee is $8 vs $12.95. This can make a big difference depending on the size of the fleet. Once claim would make Lulu cheaper but I'm not ready to switch to yet because customer service and the claims process will win my business every time.

[@Reverend-Race-Horsey]

@@diamondedwards3791 Did you have problems getting your insurance with ABI approved? It took 6 months from the time my ABI agent contacted the DMV to getting my insurance approved. I'm thinking about using Lula for my future cars because ABI has too many customers. It's alittle cheaper and you get more miles too. But I've enjoyed ABI up to this point and I even submitted a claim and was paid, just worried about the slow response times and DMV issues. 🤔

[@DiamondEdwards]

@@Reverend-Race-Horsey no problems at all with the DMV. I’ve registered a few vehicles this year. I think I may give Lulu a try when I add my next car. The one thing I don’t like about ABI is billing. It’s not seamless.

[@DiamondEdwards]

@@Reverend-Race-Horsey okay! I have nothing to proof.

[@Reverend-Race-Horsey]

@@DiamondEdwards Yes. Lula is offering a program now in select markets. It's about $79 month. They're expanding soon enough. I've heard some people say ABI doesn't report your insurance to the State's OMV so you may have some issues there, once your policy expires and goes up for renewal. I do prefer having a personal policy with AllState though, because it allows me to offer private rentals because my miles aren't limited/tracked.

[@victorgarzon2015]

Not much good info. Would like to Hear how YOU DO IT

[@Xena8080]

If your car is parked and it gets hit while off the Turo platform by an insured motorist or your catalytic converter gets stolen, will lula cover you ??

[@Reverend-Race-Horsey]

Yes!

[@macaodha5288]

Up to 300 miles per month? Some rentals do that in a day.

[@Reverend-Race-Horsey]

Not for customers...this is 300 for the Owner! (YOU)!

[@Newkom100]

Will Lula take a one car fleet?

[@vile7806]

Hey i just started turo last month and someone booked my car, but he hasn't responded to my message at all. He has a 5-star review from 10 people but i haven't been able to get in touch with him to ask a couple questions and verify his identity? Should i be concerned? should i cancel the trip? is it normal that a 5start renter doesn't respond to your messages even though previous host said that the person is very communicative?

[@Reverend-Race-Horsey]

Check his credit and run a criminal background check, verify his license/motor vehicle reports. Outside of the app- you can ask for a deposit as well. ✔

[@topeliteautosale7658]

orp power by LULA will not be a good policy for me at all, because it doesnt cover you if you go to the walmart or pizza hut or tire plus.

[@AubreyJanik]

It would for tire plus assuming it’s business, but you’re correct if you’re using your car for personal use it wouldn’t be the right choice

[@Reverend-Race-Horsey]

You can theoretically "lie" to Lula about your destination(s). They still probably won't fix your car or the victims car because you're only paying $79/month!

[@jrv858]

Not available in NY

[@Reverend-Race-Horsey]

The commercial program is for LLC, but not the carshare insurance for $79.

[@HippieP629]

I feel like the calculus meme

[@jakmageson2050]

Welp, now turo is banning carsync. Great

[@anonuser]

Seems almost laughable that Lula says they want to meet the needs of ride sharing hosts in the best way and then ignore the way that most host want insurance - covereage during rentals (usually from Turo or other ride share platforms) with complete personal coverage when not renting. This ORP almost seems like a joke. So, if I want to add a car to my fleet that's for sale two states over and I want to drive it back to my base city and it's 400 miles away, seems like Lula has nothing for me because their carrier could claim it wasn't being used commercially and it was driven more than 300 miles. I would argue, yes, procuring it was part of the off rental need and next time I'll find one that's closer. Or if it was 290 miles away does that mean for the first month the ORP only covers ten miles? Their program leaves much to be desired and keeps evading the main need the majority of hosts would want: FULL COVERAGE OFF RENTAL PERIODS, whether or not it's for commercial or personal use.

[@juanneva13]

This wouldn't work for financed cars right? Since they require cars to have full coverage

[@AubreyJanik]

No, it would work- the full coverage is there, lula would just deny the coverage while it’s on a rental. So the coverage is there to check the box of having coverage, it just wouldn’t be the coverage used when on a rental if that makes sense

[@Reverend-Race-Horsey]

If you have full coverage- you don't really need Lula because your required full coverage can fix the car if a renter causes damage. You would just have your renters pay either a security deposit and/or car insurance CDW. I sell to my renters a security deposit damage waiver(SDDW) which is required for $150 - $500 and they cover damages anywhee from $1500 to all damage. I make so much money off the SDDWs that I don't even need to involve Turo or HyreCar. I make like an extra $500 month per car($1100 month per car).

[@reviewsbyHP]

@@Reverend-Race-Horsey how do you sell Turo guest SDDW?

[@Reverend-Race-Horsey]

@@reviewsbyHP It's something I do off the app, because it's considered a "grey transaction" by Turo and can actually void the host's protection plan. But since I require the deposit off the app- I can keep my protection plan in place. I call it a damage waiver because I apply it to some damage on the vehicle. But I'll open a claim if the damage waiver doesn't cover up to the amount of damage done to the car. Typically, I can charge for scratches, dings, mile overage etc w/o involving Turo. I'm on the 90% plan, so I wouldn't be able to recoup this money otherwise. I have cheap cars under $10K, so this works for me. You could also just require a security deposit, but I sell a damage waiver to get more buyers.

[@reviewsbyHP]

@@Reverend-Race-Horsey I see. But how to make that work and how do they actually pay you? Do they sign a DovUSign or something?

[@lyudmilatarusova]

This is a pointless video. Absolute waste of time. Ohh he's saying is give us your money and you get nothing in return.. Sounds like scam to me

[@TheContentExchange]

$79 a month is very high, not even close to a good deal.

[@AubreyJanik]

When you look at other insurance options that are pro turo there are very limited options. The rate would depend on the car, but $79 is competitive with pro turo commercial policies

[@TheContentExchange]

@@AubreyJanik Not enough info, does it include collision or is it just liability. Liability is more like $19 a month w a clean driving record.

[@AubreyJanik]

@@TheContentExchange there is no commercial policy out there that charges $19 per month. Lula is a commercial policy, big difference from a personal liability only policy

[@TheContentExchange]

@@AubreyJanik True, I am more thinking a personal policy which gives me 24/7 coverage when I drive the car vs their $79 which could bite me if I stop by a store to buy groceries in theory. I just don't see why I would use them. I pay less than $19 a month on a car w State Farm w only liability for a car registered to my LLC. Why would I use Lula? I see no advantage and way more cost for way less time covered. I see Lula's products as high cost, low value. $79 a month for 1 hours coverage eats into profits bigtime on a fleet.

[@rowjas]

@@TheContentExchange State Farm doesn’t provide commercial car rental insurance. If State Farm’s underwriter knew that your LLC’s fleet is composed of rental cars then they will likely drop you as they did to me eventually

[@hyepwr23]

rafi said that he kooneled you after the show

[@marceloribas4616]

What a horrible company name, I really doubt they know who Lula is.

[@tredamon8631]

I want to use LULA but they don’t offer insurance for my Porsche 🥲

[@jamesh.2015]

Lula sounds like it sucks sour lemons. No one has even answered if Lula covers your vehicle if its stolen or damaged while parked and off rental. Like sitting at the airport waiting for PICKUP.