Cars driving and while label apps showing user based insurance interface

Usage based insurance

Offer your customers fair, personalized and transparent insurance pricing based on actual driver risk and usage.

Woman getting out of car with coffee in her hand
Icon

Pay as you go, PAYG

Smart insurance pricing has never been easier. With PAYG,  you can offer a flexible, fair and transparent payment solution to your customers. Our apps are easily tailored to match your proposition and by using data from a tethered smartphone or an existing connection, actual risk can be used to set a premium.

  • Lower the customers insurance excess
  • Reduce the next premium at renewal
  • Encourage safer driving and lower risk
Family with dynamic insurance unpacking car
Icon

Monthly dynamic

Offer a UBI app with dynamic pricing functions. By driving with the app, motorists will see how much they can save on their premiums by driving smarter and safer.

As a result, they will learn how to influence their insurance premium by adopting a safer and smarter driving style with a lower carbon footprint.

This is how Covercube does it

 

 

 

Female driver receiving a push notification on her phone saying she earned a cashback on her insurance
Icon

Cashback

Give your customers the opportunity to influence their premium by offering cashback when driving safely and smartly.

This is a great way to create customer satisfaction, reduce claims and risk on the road.

Check out how other customers do it

Dad and son driving
Icon

Drive before you buy, DBYB

Typically static proxy rating is used by the insurance industry to set the intitial price, however it is possible to assess driving using our apps prior to accepting cover.

Drive-before-you-buy is particularly good in transitioning new drivers from provisional licenses to full. Once insured a drivers risk can be monitored to ensure behaviours don’t change and where they do advice and incentives provided to reduce risk through safer driving.

 

Resources

Book a consultation
We'd love to hear from you!
Contact illustration