Cuvva to launch Pay and Go insurance
Insurance provider Cuvva, will offer a new type of UK car insurance through a smartphone app that gets you covered on a car for only as long as you need it.
The Scottish based firm offer temporary insurance cover to those who have borrowed someone else’s car and the customer selects how long they require cover for, the app then generates a one off price.
Cuvva has said it doesn’t want to reveal too much at this stage but the app is currently in the testing stage and they company hopes to launch it in October.
Customers download an app, link their credit or debit card and can then pay instantly for temporary insurance cover.
Any vehicle that doesn’t already have an annual insurance policy cannot be insured with Cuvva.