SANTA MONICA, Calif.–(BUSINESS WIRE)–Autonomy™The nation’s largest electric vehicle subscription company, today introduced monthly auto insurance in the Autonomy subscription bundle, in partnership with Liberty Mutual Insurancethe sixth largest property and casualty insurance company.
Car insurance is now available as part of Autonomy’s car subscription which already includes tax, title, registration, regular maintenance, and roadside assistance. Eligible subscribers now receive Autonomy’s subscription and its fully integrated insurance.
Unlike most insurance policies that are offered on an annual or yearly basis, Autonomy’s comprehensive insurance is offered to subscribers on a monthly basis.
“For the first time, consumers can pay their car insurance on a monthly basis through the Autonomy subscription on their smartphone,” he said. Scott Painter, Founder and CEO of Autonomy. “Car registration represents convenience and flexibility, and insurance was a missing part of our overall offering. Liberty Mutual has been a great partner in helping us sell our new insurance policy. Including car insurance in our monthly package solves another pain point for consumers on the move and strengthens our brand proposition.” consumers’ needs.”
Here’s how it works:
Buyers go through 10 to 15 minutes to find out if they are eligible for a car and insurance.
When buyers are trained, they are provided with Autonomy Integrated Insurance.
Once registration is open, the subscriber now pays a monthly fee that includes insurance, tax, title, registration, regular maintenance, and roadside assistance.
After the three-month subscription period, the subscriber is on a month-to-month plan and can cancel the subscription at any time with 28 days’ notice.
“Liberty Mutual is a leader in the evolution of subscription-based auto insurance, offering innovative programs to meet the business needs of our members. We are excited to partner with Autonomy to provide easy, seamless access to electric vehicles,” said Liberty Mutual Senior Director, Strategic Partnerships, Gita Gupta.
The launch of Autonomy insurance follows the announcement of Autonomy’s partnership with DigiSure to offer the first of its kind auto registration insurance. The platform’s partnership with DigiSure gives Autonomy the ability to online, monitor, and qualify subscribers for month-to-month driving.
Autonomy is expanding and adding new electric vehicle models and models to its subscription system. Last week Autonomy ordered 23,000 electric cars from 17 different car manufacturers around the world, and the order exceeded $1.2 billion. Autonomy will expand its recently announced global partnership with AutoNation, Inc. (NYSE: AN), the largest US auto dealer to acquire and consume most of these vehicles. AutoNation will provide vehicle planning, delivery services, and activation for subscribers, as well as maintenance, repair, and maintenance services for Autonomy’s growing electric vehicle subscriptions.
Today, Autonomy delivers Tesla Model 3 and Tesla Model Y and soon they will add to the complete list of Tesla. Autonomy’s subscription model offers a cheap, fast, and easy way to get an electric car, and it doesn’t require a long-term loan or the commitment that comes with buying or leasing. Autonomy subscribers can pay their subscription in full by credit card or through their bank account. They have a monthly subscription option after a minimum of three months. Customers can subscribe to a fully electric vehicle in the app (Google Play Store or Apple App Store) and adjust their monthly salary to meet their budget. Additionally, Autonomy vehicles are available for delivery or pickup in a matter of weeks, compared to six to nine months waiting for a loan or lease.
Self-control is a technology company that aims to make travel easier and cheaper through car registration. The company was founded by auto dealers, auto finance, and auto insurance brokers Scott Painter and George Bauer, the founders of Fair, the first offering used in car registration, pioneered the Car-as-a-Service (CaaS) category. Based on this experience, Autonomy has developed a car registration solution for consumers and car companies that helps make car registration profitable and a popular way to buy traditional cars. Autonomy is innovating through technology, finance, and insurance to provide subscription power for battery-powered vehicles, electric vehicles, and zero-emission vehicles. Autonomy relies on partnerships with car manufacturers and brick-and-mortar car dealers to deliver value to consumers and companies. Independence means freedom from long-term debt, freedom from long-term assets, and freedom from fossil fuels. It means new options and more control over your finances. Autonomy is located in Santa Monica, California.