Digital short-term insurance CoverOn

February 26, 2019 - A short weekend trip, a move or a quick visit to a hardware store: there are plenty of reasons to spontaneously rent a car privately. But if you're an additional driver and aren't covered by a car insurance policy, parents or friends are reluctant to give out your car key because it can quickly become expensive in the event of damage. CoverOn, a new digital insurance solution developed by Daimler Insurance Services and supported by Allianz as insurance provider, can help in such cases.

With CoverOn, the new short-term insurance for all vehicle brands, additional drivers can be quickly insured as well. The terms are flexible from 30 minutes to 27 days. A fixed component is CoverOn breakdown assistance, which provides customers with various assistance services in the event of a breakdown.

The insurance policy and payment are completely digital, conveniently via smartphone while on the move or at home. "With CoverOn, we are implementing a further component for mobility: Covering private trips as simply and flexible as possible," says Dr. Ingo Telschow, CEO Daimler Insurance Services.

CoverOn also interesting for dealers

CoverOn is also used by dealers. Short-term insurance reduces the co-payment for test drives at the dealer in the event of damage.

"Together with Daimler Insurance Services, we can offer innovative insurance cover with CoverOn. The flexible short-term insurance meets the requirements of our time and fits into our portfolio of innovative and digital products," says Dr. Claudius Leibfritz, CEO of Allianz Automotive and member of the Board of Management of Allianz Partners.

Focus on mobility needs

Benedikt Schell, Chief Experience Officer and Board Member at Daimler Financial Services, sees the new in-house solution as a further step towards intuitive mobility: "The CoverOn Web app makes customers more flexible and focuses on their mobility needs. After all, we see ourselves as a holistic mobility service provider."

Read more at cover-on.com

CoverOn will be rolled out in additional countries and with additional application areas:

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