Scenario: I scaled up. I bought three Camrys to rent out to other Uber drivers and put on Turo. I tried to add them all to my personal Geico policy, but the underwriter called me and canceled everything, saying I was running an “unlicensed rental agency.” I had three cars sitting in my driveway and no legal way to put them on the road.
Key Takeaways
- Personal Limit: Most personal insurers cap you at 4 cars and strictly prohibit renting them out to others (Livery/Rental exclusion).
- Fleet Policies: You need a Commercial Fleet Policy. This allows “Any Driver” coverage or specific “Scheduled Drivers,” essential for renting cars to gig workers.
- Platform Insurance is Secondary: Turo and Uber provide insurance during the rental, but you need “Off-Rental” or “Period X” coverage for when the cars are parked or moving between renters.
- Lula / Period X: In 2026, specialized “Insurtech” brokers exist specifically to cover the “off-rent” gap for Turo/Uber fleets.
The “Why” (The Trap): The “Permissive Use” Loophole
You cannot just lend your car to an Uber driver and rely on “Permissive Use.” Permissive use excludes commercial operation. If your renter crashes while waiting for an Uber request (Period 1), your personal policy denies it, and Uber might deny it if the driver isn’t the registered owner (unless properly set up as a Fleet Partner).
[IMAGE: Screenshot of the “Uber Fleet” dashboard showing multiple vehicles]
The Investigation: Fleet Options
I priced out how to insure a mini-fleet of 3 Toyota Camrys.
1. Traditional Commercial (Progressive Fleet)
- Pros: Stable, major carrier.
- Cons: Expensive. They wanted $350/month per car. They required detailed logs of every driver.
2. Lula / GIG (Insurtech)
- Pros: Designed for Turo/Uber hosts. They charge per car/month (e.g., $120) specifically for the “off-rent” liability and storage coverage.
- Cons: Does not cover the car while it is being rented (the platform does that). It just makes the car street legal for you to move it.
3. Period X Policies
- Pros: Usage-based billing.
- Cons: High deductibles for theft while parked.
Comparison Table: Fleet Insurance Costs (3 Cars)
| Provider | Monthly Cost (Est.) | Coverage Scope | Complexity |
| Personal Policy | DENIED | N/A | High Risk |
| Traditional Fleet | $1,000+ | Full 24/7 | High |
| Tech-Based Fleet (Lula) | ~$350 | Off-Rental Only | Low |
Step-by-Step Action Plan
- Form an LLC: Do not insure a fleet in your personal name. It exposes your house/assets to lawsuits from renters’ accidents.
- Register as Uber Fleet Partner: Go to partners.uber.com and create a Fleet account. This allows you to add drivers properly so Uber’s insurance covers them.
- Buy “Off-Rental” Liability: Purchase a policy that specifically covers the vehicles when they are not on a Turo/Uber trip (e.g., washing, refueling, parking).
- Install Trackers: Insurance requires risk management. Hardwired GPS (Bouncie/GoldStar) allows you to recover cars if a renter stops paying or tries to steal them.
FAQ
Can I drive one of the fleet cars for personal use?
Yes, if your fleet policy includes “Owner Operations.”
Does fleet insurance cover renter theft (Conversion)?
Often NO. If you give the keys to someone and they don’t return the car, it is “Conversion,” not theft. You need a specific “Voluntary Parting” endorsement.
Is it cheaper to have 3 individual policies?
No. It is administrative suicide and flagrant fraud if you hide the commercial use.