Liberty Mutual Insurance to provide month-to-month coverage for Autonomy EV subscribers
Autonomy reinforced its insurance resources again on Wednesday.
After the electric vehicle subscription company struck an arrangement with DigiSure at the beginning of August, Autonomy introduced a completely digital, month-to-month auto insurance product into its subscription bundle in partnership with Liberty Mutual Insurance, reportedly the sixth-largest global property and casualty insurer.
Autonomy said auto insurance coverage is now available as part of EV subscription bundle, which already includes tax, title, registration, routine maintenance and roadside assistance.
According to a news release, qualified subscribers will now receive Autonomy’s subscription with its fully integrated insurance offering.
Unlike most insurance policies that are offered on a semiannual or annual basis, Autonomy’s integrated insurance product is offered to subscribers on a flexible month-to-month basis.
“For the first time, consumers can pay for car insurance on a month-to-month basis through an Autonomy subscription all on their smartphone,” Autonomy founder and chief executive officer Scott Painter said in the news release. “Car subscriptions represent ease and flexibility, and insurance was the missing piece of our all-in-one offering.
“Liberty Mutual has been a great partner in helping us bring to market our new insurance product,” Painter continued. “Integrating auto insurance into our month-to-month subscription bundle solves yet another consumer pain point in the mobility experience and reinforces our core consumer value propositions.”
Gita Gupta is senior director of strategic partnerships at Liberty Mutual.
“Liberty Mutual is at the forefront of the evolution of subscription-based auto insurance, offering innovative programs to meet the needs of our partners’ business models,” Gupta said. “We are excited to partner with Autonomy to create easy, seamless access to electric vehicles.”