This via Jalopnik:
standard plan, they would make $75 a day off of the $100 that it’s listed for. Owners are free to manage their own prices accordingly.
....people who rent the cars have three plans to choose from when renting from Turo. The full article on Turo’s website can be found here, but here’s the meat of it:
“Premium” Package: The renter’s out-of-pocket exposure is limited to payment of a deductible of $500. When damage is reported, the renter will be charged $500, and if the total costs (direct costs of damage, plus all “Related Costs”, as defined below) are less than $500, the renter will be refunded the difference.
“Basic” Package: The renter’s out-of pocket exposure is limited to a payment of a deductible of $3000, under the same structure described in the Premium package.
“Decline Coverage” Package: The renter’s financial responsibility is essentially unlimited, and is bounded only by the actual cash value of the car, plus all Related Costs. This means that if the car is lost, stolen, or damaged so extensively that the expected cost of repairs exceeds 75% of the actual cash value, the renter is responsible to pay the entire actual cash value of the car, plus all Related Costs, minus any residual salvage value.