wordpress blog stats
Connect with us

Hi, what are you looking for?

, , , ,

Uber partners with Coverfox for drivers’ car insurance


Uber has partnered with Coverfox, an online insurance portal, to provide car insurance for its drivers under the UberCLUB driver rewards program. The partnership will provide car insurance through premium rates and (unnamed) value added services in Mumbai, Delhi, Bangalore, Kolkata, Hyderabad, Pune, Ahmedabad, Chennai, Kochi, Guwahati and Coimbatore with plans to expand to all of Uber’s 29 Indian cities. Uber had launched UberCLUB in Bangalore, Mumbai and Delhi NCR last November and extended it to 7 more cities last month.

Uber’s vehicle financing solution

Last month, Uber tied up with Toyota Kirloskar Motor to provide a 90% on road financing package to its drivers. The financing included vehicle cost, accessories, service, registration road tax and insurance and would be available till the end of this year. This was likely an extension of its vehicle financing program with lending firms Toyota Financial Services, Sriram Finance and AU Financiers which was launched 2 years ago.

In May this year, Uber received an undisclosed amount of investment from Toyota to create a vehicle leasing program for Uber’s drivers in the US. Toyota had also sold a fleet of Lexus and Toyota cars to Uber.

Vehicle leasing

Advertisement. Scroll to continue reading.

This year in India, Uber invested over Rs 200 crore in Mumbai-based car leasing firm Xchange Leasing after it partnered with the latter to lease cars to drivers. In September, Uber planned to lease over 200,000 cabs to drivers in India who wanted to join its platform under UberShaan. UberShaan would essentially work through Xchange Leasing.

Driver and fleet management app

Earlier this week, Uber launched UberFLEET, a company driver and fleet management app. The app would allow ‘fleet partners’ — a partnership program between vehicle owners and Uber — to track their driver cars via GPS, performance on daily and weekly trips, and total driver earnings.

Image credit: Pictures of Money under CC BY 2.0 / CheapFullCoverageAutoInsurance.com

Advertisement. Scroll to continue reading.
Written By

I'm a MediaNama alumna from 2015-16 (remember TinyOwl?) now back to cover e-services like food and grocery delivery, app based transport and policies, platforms and media in India.

MediaNama’s mission is to help build a digital ecosystem which is open, fair, global and competitive.



The US and other countries' retreat from a laissez-faire approach to regulating markets presents India with a rare opportunity.


When news that Walmart would soon accept cryptocurrency turned out to be fake, it also became a teachable moment.


The DSCI's guidelines are patient-centric and act as a data privacy roadmap for healthcare service providers.


In this excerpt from the book, the authors focus on personal data and autocracies. One in particular – Russia.  Autocracies always prioritize information control...


By Jai Vipra, Senior Resident Fellow at Vidhi Centre for Legal Policy The use of new technology, including facial recognition technology (FRT) by police...

You May Also Like


135 job openings in over 60 companies are listed at our free Digital and Mobile Job Board: If you’re looking for a job, or...


Rajesh Kumar* doesn’t have many enemies in life. But, Uber, for which he drives a cab everyday, is starting to look like one, he...


By Aroon Deep and Aditya Chunduru You’re reading it here first: Twitter has complied with government requests to censor 52 tweets that mostly criticised...


Google has released a Google Travel Trends Report which states that branded budget hotel search queries grew 179% year over year (YOY) in India, in...

MediaNama is the premier source of information and analysis on Technology Policy in India. More about MediaNama, and contact information, here.

© 2008-2021 Mixed Bag Media Pvt. Ltd. Developed By PixelVJ

Subscribe to our daily newsletter
Your email address:*
Please enter all required fields Click to hide
Correct invalid entries Click to hide

© 2008-2021 Mixed Bag Media Pvt. Ltd. Developed By PixelVJ