This is an interesting one; free insurance for 12 months and a prediction on what your future insurance premoums will be, assuming no claims, change of circumstances etc. Will it prove a winner? Here’s the word from Vanarama;
Vanarama is launching a groundbreaking leasing proposition with one year’s free fully comprehensive car insurance across its entire range of exclusive offer cars.
Vanarama’s free insurance offer further adds to their eco-system of innovative insurance products such as their multi-year fixed insurance proposition which launched in 2018. This means that in addition to one year’s free insurance, customers will be told their annual premiums for each year of their multi-year insurance policy upfront which paves the way for a fully transparent and inflation free experience.
Vanarama’s insurance proposition will save customers an average of £538 when they lease one of hundreds of cars online at vanarama.com.
With Vanarama set to lease over 30,000 vehicles online this year through its market leading e-commerce experience this latest move aims to further address consumer fatigue with the car buying process by removing friction at every touchpoint. Vanarama founder and CEO, Andy Alderson, said: “We’re delighted to launch this proposition at a time where customers are looking for, and more importantly deserve a seamless car buying experience.”
“People really dislike buying insurance because of the friction and monotony involved in the process. It’s a legal obligation paid at a premium for something they never want to use. Our customers can now get a great car deal and we’ll offer them free insurance for a year to go with it.”
“We’ve offered multi-year fixed insurance for a number of years but thanks to our continuing investment in our tech capabilities and the way we use data we can now offer an even wide range of innovative insurance products because insurance partners love our customers. Our free insurance proposition will make our customers lives so much easier and driving their dream car a lot more affordable.”
Vanarama’s free insurance offer is available from today, to drivers 25 years old and over who live in mainland UK.