Peer-to-peer car-sharing services—sometimes described as Airbnb for vehicles—are revving up for expansion in New York, as a change in state law will soon allow more people to offer their personal car as a rental.
Startups such as Turo and Getaround facilitate daily rentals of privately owned vehicles online as an alternative to rental companies such as Hertz and Enterprise. While the startups, both based in San Francisco, have been operating in the United States for more than a decade, their core business has been restricted by New York’s insurance laws limiting the commercial use of privately owned vehicles.
Gov. Kathy Hochul signed a bill into law shortly before
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