Voom motorcycle insurance is the first-ever Pay-Per-Mile insurance with a technology-based solution. It is a motorcycle insurance for riders to help them benefit from their insurance claims. The platform offers motorcycle insurance rates based on the bike’s actual mileage, unlike paying an annual fixed fee. Helping driver to pay fairly based on their "use", complemented with a mobile and web app.
Service ProvidedVoom will offer a revolutionary Pay-Per-Mile motorcycle insurance platform, enabling riders in Israel to pay for insurance based on how much they ride. This flexible payment model is supported by a robust mobile and web application that allows users to manage policies, upload odometer readings, handle payments, and more with ease. The integration of advanced technologies like Google Place API for address suggestions and Stripe for payment processing ensures a seamless user experience. With a development budget of $5 million and a focused one-year timeline, Voom is set to transform motorcycle insurance by making it more adaptable and fair for users.