Intermediate Level
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2 Videos, 1 Audio, 1 Notebook
At our core, we believe that the traditional approach to pricing car insurance is fundamentally flawed and unjust.
We are firm believers that individuals who drive safely and responsibly should be rewarded with lower insurance premiums, irrespective of age, marital status, or occupation.
The current system relies heavily on demographics, pooling both good and bad drivers together, resulting in safe drivers essentially subsidising the cost of accidents caused by reckless drivers. We are determined to disrupt this broken model.
Through our innovative app, we monitor users' driving behaviour over a 3-week period, carefully assessing factors such as speeding, braking, and distracted driving to evaluate their individual risk. Our insurance prices are based on this personalised evaluation, ensuring fair premiums for responsible drivers.
Our approach not only benefits our community of safe drivers but also helps us avoid insuring high-risk drivers, specifically the bottom 30% who account for nearly half of all insurance claims. As a result, we significantly reduce claim payouts compared to traditional insurers, allowing us to pass those savings on to our valued community.
Here's how it works:
This tutorial will help you learn quickly and thoroughly. Lorem ipsum is dummy text used in laying out print, graphic or web designs
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There are many variations of passages of Lorem Ipsum available, but the majority have suffered alteration.
