INSHUR First to Launch the UK’s Most Flexible Insurance For Uber Drivers
The new product is in direct response to the insurtech’s customer market data findings showing that of 157 drivers 87% asked for fully flexible insurance of between seven and 90 days.**
“For too long drivers have had to buy insurance products that suit the needs of the insurer and not the customer. Uber drivers deserve to get something better. If a driver wants to buy a flexible term product, we now offer that. Insurance is a cost for everyone and if we can reduce that burden we feel it’s the right thing to do and expect other insurers to follow our lead,” said
INSHUR’s survey of 561 drivers found that 79% of drivers pay for their insurance monthly rather than yearly (20%), which is unsurprising as the yearly cost of commercial car insurance ranges between £1,000 and £3,000+ for over 99% of drivers.*
*According to the information collected from INSHUR’s 2019 insurance survey that was answered by 561 UK-based Uber drivers.
**According to the information collected from a poll in INSHUR’s monthly newsletter, The Surge, in
View source version on businesswire.com: https://www.businesswire.com/news/home/20190923005331/en/
INSHUR, VP Marketing,
[email protected]
Source: INSHUR
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