Young driver protection is an innovative insurance if your customers want to lend out their own vehicle to a person between the ages of 17 and 20 who is not included in the existing motor vehicle insurance.
Offer your customers the opportunity to lend out their own vehicle to people between the ages of 17 and 20 who are not covered by existing car insurance. With this micro and flexibility insurance, young drivers are insured by ELEMENT in the event of a claim. ELEMENT covers the deductible as well as the costs for an increase of the car insurance premium.
You can offer two options – basic or premium coverage for 1-30 days
Protection against penalties of your own car insurer
Financial compensation for a downgrade of the claim-free class