Bhubaneswar: PhonePe has announced the launch of its “new vehicle” insurance offering for two-wheelers and four-wheelers. This launch aims to provide cost-effective online alternatives for all new vehicle buyers as compared to conventional dealership insurance plans. With this launch, users can now compare policies from multiple insurers and make the purchase online on the PhonePe app.
Vehicle buyers often face challenges such as inflated premiums, limited choices, biased recommendations with dealership insurance. However, with this launch, PhonePe is collaborating with leading insurers to offer a trusted and competitive insurance experience to users. Key highlights of the plan include:Savings of up to ₹4,000 on two-wheeler insurance and up to ₹40,000 on four-wheeler insurance as compared to dealership prices. Lowest price on two-wheeler insurance with Own Damage Cover starting at ₹1, only on the PhonePe app. 100% digital insurance-buying experience with zero paperwork. No large dealer margin and no hidden fees
Commenting on the launch, Vishal Gupta, CEO at PhonePe Insurance Broking Services, said, “In our commitment towards making insurance accessible and affordable for everyone, we are pleased to launch our latest “new vehicle” insurance offering for all prospective two-wheeler and four-wheeler owners. This coverage aims to facilitate users in making informed decisions by comparing policy options and pricing via a seamless digital experience. At PhonePe, our goal is to simplify insurance-buying and make the process transparent and hassle-free for users. With this launch, we hope to transform the way consumers purchase insurance for their new vehicles.”
Comments are closed.