What Is Period X Car Share Insurance? Complete Guide for Carshare Fleet Owners (2025 Update)
If you’re renting out vehicles on carshare platforms like Turo, you already know the challenge: platform insurance covers renters, but what protects your fleet when cars aren’t being rented?
That’s where Period X™ carshare insurance comes in—and in 2025, it’s gotten even better.
What Is Period X Insurance?
Period X™ is off-rental insurance designed specifically for carshare fleet owners. It protects your vehicles during all the moments they’re not actively rented: sitting in your lot, being cleaned and maintained, in transit to and from renters, or parked between bookings.
Think of it as the coverage gap that platform insurance doesn’t fill. While Turo and other platforms provide on-rental protection, they leave you exposed during downtime – which can be 40-60% of your vehicle’s life cycle.
Period X™ provides comprehensive coverage that exceeds minimum state limits in nearly 50 states, ensuring your fleet is protected 24/7.
What’s New in 2025: Introducing Period Z On-Rental Coverage
Here’s where things get interesting for fleet owners looking to maximize revenue.
Period X™ now includes access to Period Z : our pay-as-you-go on-rental insurance that covers your vehicles while they’re being rented.
Why This Changes Everything
Most carshare fleet owners are locked into a single platform because that platform provides the on-rental insurance. Want to rent on multiple platforms? You’re stuck managing different policies and restrictions.
Want to offer direct rentals (cutting out platform fees entirely)? You couldn’t – until now.
With Period X™ + Period Z, you can:
- Accept direct bookings from customers and keep more revenue
- List vehicles across multiple platforms without insurance conflicts
- Diversify your income streams and reduce platform dependency
- Only pay for on-rental coverage on days your vehicles are actually rented
This is the industry’s first complete carshare insurance solution covering both off-rental and on-rental periods in one seamless product suite.
How Period X + Z Works
Period X™ (Off-Rental):
- Flat monthly rate starting at $97 per vehicle
- Covers your fleet during cleaning, maintenance, storage, delivery, and collection
- Comprehensive protection exceeding state minimums
- Continuous coverage with no gaps
Period Z (On-Rental):
- Automatically included with your Period X™ policy
- Pay only on days a vehicle is rented
- Activate coverage through your fleet portal in minutes
- Covers all rental types: Gig Economy Rentals (includes Off App and Period 1) and Personal Rentals.
The combination means you’re protected whether your car is parked in your lot or being driven by a renter.
Who Needs Period X Carshare Insurance?
Period X™ is built for:
- Independent owners renting 1-10 vehicles who want flexibility and control
- Growing fleets scaling from 10-50 vehicles across multiple markets
- Professional operators managing 100+ vehicle fleets and maximizing utilization
- Anyone wanting to break free from single-platform dependency
If you’re serious about turning your carshare operation into a real business, not just a side hustle, Period X™ + Z gives you the insurance foundation to scale.
Key Benefits for Fleet Owners
1. Unlock Hidden Revenue
Direct rentals mean no platform commissions. On a $100/day rental, platforms can take 25-35%. With direct bookings, you keep it all. Over a 20-vehicle fleet, that’s thousands in additional monthly revenue.
2. True 24/7 Protection
No coverage gaps. No switching between policies. Your vehicles are insured from the moment they leave your lot until they return, and while they’re sitting idle.
3. Cost Control That Makes Sense
Period X™ is a predictable monthly cost. Period Z only charges you on rental days. If a car isn’t earning money, you’re not paying for on-rental coverage you didn’t use.
4. Fleet Management Built In
Your Period X™ policy includes access to a comprehensive fleet portal with GPS tracking (via PassTime, OneStep, Bouncie, MooveTrax, Zubie, and TrackmateGPS), mileage monitoring, vehicle onboarding/removal, maintenance alerts, and billing management.
5. Built by Experts Who Understand Your Business
Period X™ was pioneered by ABI and INSHUR, the leader in on-demand mobility insurance. We’ve been covering carshare fleets since before most platforms existed, and we’ve managed over 1 million policies for on-demand drivers and fleet owners.
Getting Started with Period X™ Insurance
The signup process is straightforward:
- Get a quote and policy online in minutes at abiweb.com
- Add your vehicles to the platform and install GPS tracking
- Activate your coverage and start renting immediately
- Add Period Z whenever you want to start accepting direct rentals
You’ll have full access to your fleet dashboard, where you can manage everything from vehicle additions to rental activations in one place.
Why Carshare Fleet Owners Choose ABI’s Period X™
Over 10,000 carshare vehicle owners and fleet operators trust ABI for their insurance needs. Here’s why:
- We pioneered off-rental coverage: Period X™ is the original product category
- We’re the only provider offering complete on-rental and off-rental coverage in one suite
- 35+ years of industry expertise in commercial auto and on-demand mobility insurance
- Trusted by 100,000+ commercial drivers and fleet operators across the mobility sector
- We understand your business because we’ve built our entire company around it
Frequently Asked Questions
Is Period Z included automatically?
Yes. All Period X™ policies now include access to Period Z. You only pay for Period Z on the days you activate it for rentals.
Do I need GPS tracking?
Yes. GPS tracking is required for Period X™ coverage and allows you to monitor your fleet in real-time, set geofencing alerts, and track mileage.
Can I still use Turo if I have Period Z?
Absolutely. Period Z gives you more options, not fewer. You can continue renting on platforms while also accepting direct bookings.
What if I only want off-rental coverage?
No problem. Period X™ works as a standalone product. Period Z is included but optional—you only pay when you use it.
How quickly can I get covered?
Most fleet owners complete the signup process and get their first vehicle covered within minutes of applying online.
Ready to Unlock Your Fleet’s Full Earning Potential?
Period X™ + Period Z gives you what no other carshare insurance solution can: complete freedom to rent how, where, and when you want, while keeping your fleet protected every mile of the way.
Whether you’re running one vehicle or a hundred, the combination of off-rental protection and on-demand on-rental coverage means you’re never paying for insurance you don’t need, and never exposed to risk you can’t afford.
Get your Period X™ and Period Z Car Share quote today and discover how much more revenue your fleet can generate when you’re not locked into a single platform.
Questions? Call us at 805-454-7664
Our agents are available 8am-8pm ET, Monday-Friday
Period X™ and Period Z are offered by American Business Insurance Solutions (“ABI”), a subsidiary of INSHUR, the leader in embedded insurance for the on-demand economy. Coverage availability and pricing varies by state.