Cycle Information Workers | January 17, 2023
Voom Insurance coverage affords pay-per-mile insurance coverage that’s superb for motorcyclists who’re occasional riders, seasonal riders or personal a number of bikes. Motorbike homeowners in these states who journey lower than 2000 miles a yr per bike can discover plans beginning as little as $50 per yr.
The Voom pay-per-mile program is presently out there in Arizona, Iowa, Illinois, Indiana, Ohio, Oklahoma, Wisconsin, and it’s now increasing its pay-per-mile program to a few further states: Texas, Tennessee and Missouri. Minnesota, Florida and Georgia are anticipated to be added to the record quickly.
“Voom is a whole game-changer,” stated AMA Corridor Of Famer Scot Harden. “Its method to motorbike insurance coverage actually speaks to the wants of the riders. From quote to assert, they honestly present an expertise for riders, by riders.”
Right here’s a video that explains how the Voom pay-per-mile pricing works:
Right here is extra from the Voom Insurance coverage press launch…
Riders in Texas, Tennessee & Missouri are capable of save greater than ever earlier than on motorbike insurance coverage by switching to Pay-Per-Mile
Palo Alto, CA (January 17, 2023) – Voom Insurance coverage, the one pay-per-mile motorbike insurance coverage supplier, is increasing its modern providing to motorcyclists in three further states: Texas, Tennessee and Missouri.
Motorbike homeowners in these states who journey lower than 2000 miles a yr per bike—resembling weekend warriors, occasional riders and a number of motorbike homeowners—can save as much as 60 % in comparison with conventional motorcycle-insurance plans, beginning as little as $50 per yr. In an age of inflation, Voom goals to assist riders hold extra money of their pockets.
“Our group is worked up to have the ability to introduce our product to the Lone Star State, one of the populated motorbike markets within the nation, in addition to in Tennessee and Missouri,” stated Tomer Kashi, Voom co-founder and CEO. “As we presently function in 10 states, this new enlargement permits us to increase our attain amongst riders and canopy nearly 30 % of the U.S. motorcyclists inhabitants. We’re working diligently to take Voom nationwide to permit riders to save lots of extra, with out compromising on their protection stage.”
“We surveyed a whole lot of riders and located that 70 % journey 2000 miles a yr or much less,” stated Ori Blumental, Voom co-founder and CTO. “The outcomes of this examine are correlated to the findings of the current behavioral security analysis finished by the NHTSA. These riders are literally overpaying to cowl the dangers of some fortunate riders who journey extra typically.”
Voom affords a non-intrusive different to the established order: riders report their mileage by sending in an image of their odometer, with no monitoring or {hardware} required. The bike is roofed, even when somebody doesn’t journey any miles for a specific month. The service is presently out there in 10 states within the USA, together with Arizona, Illinois, Indiana, Iowa, Missouri, Ohio, Oklahoma, Tennessee, Texas and Wisconsin, and shortly in Florida, Georgia and Minnesota.
About Voom Insurance coverage:
Voom is the world’s first on-demand insurtech platform offering usage-based insurance coverage merchandise for underserved mobility segments. Voom is a licensed insurance coverage dealer in all 50 U.S. states.
To study extra, go to voominsurance.com.
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