It’s an interesting concept. Basically, there are platforms (apps) that allow you to rent for an hour/day/etc. The concept is in place in a number of states (I think I saw 37 states).
Here’s another article. It talks about insurance.
Both Getaround and Turo offer insurance coverage for those who use their platforms to rent out their vehicles.
“It’s protection for certain elements, certain areas of coverage for a vehicle,” said Mark Friedlander of the Insurance Information Institute. “It’s not the same as buying a commercial policy.”
That’s why most people who rent out their cars on peer-to-peer platforms should consider getting a commercial auto insurance policy, Friedlander said.
Car-Sharing Platforms Allow Users to List Personal Vehicles for Rent – NBC 6 South Florida