Insurance premiums are based on your risk profile, assuming you drive your car every day. But what about days you don’t drive your car, doesn’t the risk reduce? Of course, it does!
We at 50Fifty believe your cost of insurance should follow suit as your risk reduces. So, we’ll refund you the daily risk premium for days you don’t drive your car.
There are many Usage Based Insurance products out there, with big promise of reward. However, reward rules tend to be complicated, they police your driving behaviour, or there are severe limits on the kilometres you drive.
50Fifty is simple, we provide comprehensive insurance cover and there is only one rule, for days you don’t drive your car the daily premium gets refunded to you.
The 50Fifty App allows you to:
⁃ Track their vehicle location using a compatible telematics device
⁃ Use the dashboards to track days used to maximise rebates – usage is updated daily
⁃ Access full policy information per vehicle linked to the profile
⁃ Track any changes made to the profile.
⁃ Check the “available funds” value on the rebate card – updated daily
⁃ The FAQ section is available for more product details
⁃ Use the Roadside Assist feature for assistance in emergencies
⁃ Use the Accident Assist feature which tells you what to do in the event of an accident