The concept is clever: you gather a team of family or friends who vouch for your insurable actions with a financial guarantee. The guarantee is only triggered in case of an insurance claim. By sharing the risk, the insurance company will reward you with a lower premium.
Car insurance is a commodity. But too often, we are left with a feeling that our car insurance is expensive, even if our driving is safe and we are punished for the mistakes of other drivers. VouchForMe makes things easier and fairer. The platform offers a better insurance deal that relies on the support of our friends and family who vouch for our driving prowess instead of statistics and black boxes.
Insurance companies use statistics to assess risk, an approach that might be unfair to less risky clients in traditionally risky segments. VouchForMe adopts the trust and support of your friends and family in your behavior and translates it into personalized insurance that is tailored to each individual and results in a lower insurance premium. If your team trusts you, we trust you.
Life is unpredictable, and accidents can happen. If you are responsible for a mishap, the insurance claim will be partially covered by your team. But only up to the amount they have committed for.
VouchForMe is a unique system that uses team-insurance concept to lower insurance costs.
Within a vouch-team you vouch for each other. If accidents happen, we’re in it together.
We share the benefits and share the risks.
No payment is needed when vouching for a friend or family member.
The amount is registered in the VouchForMe system and is only due in case of an insurance claim. If no insurance claim is filed, nobody pays. What is left is a lower cost of insurance.
VouchForMe lowers insurance costs for responsible drivers and at the same time works towards a society that is based on awareness, responsibility, and sharing of positive values. A win-win situation for all!
