Lula Insurance is Closing! What’s Next for Us Turo Hosts?

  • This topic has 10 replies, 13 voices, and was last updated 2 weeks ago by GhastlyNovella.
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  • HardAccreditation
    Participant

    I also heard from a host who had a claim with Lula for a stolen car back in December and was still waiting after five months. They kept getting the runaround about “administrative issues.” That’s made me pretty worried about anyone currently dealing with claims with Lula, and if I were in that position, I’d be feeling pretty frustrated.

    JoshinglyActive
    Participant

    I came across another story where someone got quoted $92 per vehicle for full coverage from Tint, or $58 for liability, both with a $2,500 deductible. That’s actually more expensive than the coverage I had with Lula, so it’s made me consider how much more I might be paying with these other providers.

    thedeafeninghomeland
    Participant

    I also had a similar experience to another host I heard about, who got a quote from ABI for $87 per month with full coverage—but with a $2,500 deductible. From what I’ve seen, it seems like these alternative insurers all come with higher deductibles than what I was used to with Lula’s $1,000, and that’s really got me thinking about my next steps.

    fortunatedemonstration
    Participant

    As someone with a larger fleet, I know the stress of waiting to see what the next insurance provider will be, just like a host I heard about with 15 cars. It’s a common concern, and I’m right there with them—trying to figure out what’s next.

    materialistic_mover
    Participant

    I read about a host who had their car totaled with Lula and didn’t receive the payout for six months back in 2022. Even when they did get paid, the process was incredibly slow. If I were in that position, I’d definitely be frustrated, and it’s been eye-opening to hear how sluggish the claims process can be.

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