The pros and cons of using Turo to rent out your cars: You can make a lot of money but it's a pain if your vehicle gets wrecked or stolen

• Turo is a car-sharing app that allows people to rent out their cars to others for a daily rate.
• Insider talked to five Turo hosts about the best and worst parts of renting out their cars.
• Accidents are bound to happen, so Turo has roadside assistance and covers up to $200,000 in damages.

If you've ever imagined yourself cruising down the Pacific Coast Highway in a convertible Ferrari with the top down, there's an app for that. 

For $423 a day, you could rent a bright red Ferrari and drive it from Malibu to Santa Barbara on the car-sharing app Turo.