VouchForMe Partners with Euroins Romania

VouchForMe and Euroins Romania, part of  Eurolns Insurance Group , have launched a new type of comprehensive car insurance where the deductible can be guaranteed by the policyholder’s social network.

When purchasing the insurance policy, clients decide how high their deductible will be. The higher the deductible, the higher the premium discount. If drivers are not comfortable with taking a high deductible but still want to save, they can invite their friends and family to step in and become their guarantors through VouchForMe, and in the case of a claim, the deductible is split among the guarantors.

“We wanted to offer our clients a new Casco product tailored to individuals based on their driving skills and behaviour, and reward those who are willing to prove this with better pricing. By guaranteeing that they are safe drivers, their family and friends can help them achieve great discounts.” – Euroins Romania.

“We are very proud that Euroins chose to partner with VouchForMe to bring an exciting new product to the market. Euroins is one of the leaders in a growing market, and they have already proven that they know what customers are looking for. We believe that the VouchForMe model can bring significant savings to the end customer, help the insurance company to lower the risk and at the same time, encourage safer driving in the future.” – Matt Peterman, cofounder of VouchForMe.

The product is available within the Euroins sales network across Romania.