Revolut, in collaboration with insurance provider AIG, has introduced its car insurance offering in Ireland. Initially accessible to 3,000 customers, it will be gradually extended to all Irish customers in the upcoming months.
Promising to offer the most advantageous deal in a third of cases, Revolut’s car insurance claims to generate savings of up to 30% compared to other providers. Subscribers with Revolut’s paid plans and Smart Driving subscription can benefit from additional reductions. The Smart Driving feature monitors driving behaviors and velocities, promoting safe driving practices and facilitating customers in saving on insurance expenses.
Flexibility in payment options is provided, allowing customers to pay either upfront or in monthly installments. Policy management is conveniently facilitated through the app, streamlining access to policy information.
Revolut aims to revolutionize the car insurance industry in Ireland by adopting a customer-centric approach, simplifying the quotation process, and enhancing the overall insurance experience.
Revolut’s car insurance offering
Revolut’s car insurance offering in Ireland, launched in partnership with insurer AIG, aims to revolutionize the way Irish customers buy, view, and manage car insurance.
Customers have the opportunity to save up to 30% compared to other providers. Additional premium reductions are also available for customers with Revolut’s paid plans and Smart Driving subscription.
The Smart Driving feature, available to drivers with fewer than six claim-free years, encourages safe driving habits and further reduces premiums.
Revolut provides flexibility in payment options. Customers can choose to pay up front for additional premium reduction or in 12 monthly installments with no upfront down-payment.
Furthermore, customers have control of their policy in-app, with the ability to view, amend, or cancel their policy.
This customer-centric approach, combined with the collaboration with AIG, positions Revolut as a disruptive player in the car insurance market in Ireland.
Smart Driving feature
The Smart Driving feature offered by Revolut’s car insurance offering in Ireland encourages safe driving habits and offers further premium reductions for eligible customers.
This feature is available to drivers with fewer than six claim-free years and aims to incentivize responsible driving behavior.
By monitoring driving patterns and speeds, Revolut’s Smart Driving feature provides valuable insights to customers and promotes safer practices on the road.
In addition to promoting road safety, this feature also offers further premium reductions for customers who demonstrate good driving habits.
By utilizing technology to monitor and reward safe driving, Revolut’s Smart Driving feature not only helps customers save on insurance costs but also contributes to the overall improvement of road safety in Ireland.
Benefits and future plans
In addition to promoting road safety, the car insurance offering from Revolut provides customers with the opportunity to save on insurance costs and contributes to the overall improvement of road safety in Ireland.
The Smart Driving feature offered by Revolut monitors driving patterns and speeds, encouraging safe driving habits and further reducing premiums for customers with fewer than six claim-free years. This not only incentivizes responsible driving but also helps customers save on their insurance costs.
Furthermore, Revolut’s car insurance offering provides flexibility in payment options, allowing customers to manage their budget effectively. Customers can choose to pay their premium up front for additional premium reduction or opt for 12 monthly installments with no upfront down-payment. This convenience and choice in payment methods enhance the overall customer experience.
In terms of future plans, Revolut aims to roll out its car insurance offering to all Irish customers in the coming months and expand its insurance services beyond banking and payments. By continuously innovating and introducing new features, Revolut strives to meet the evolving needs of customers in the insurance industry.
