Voom Insurance offers pay-per-mile insurance that is ideal for motorcyclists who are occasional riders, seasonal riders or own multiple bikes. Motorcycle owners in these states who ride less than 2000 miles a year per bike can find plans starting as low as $50 per year.
The Voom pay-per-mile program is currently available in Arizona, Iowa, Illinois, Indiana, Ohio, Oklahoma, Wisconsin, and it is now expanding its pay-per-mile program to three additional states: Texas, Tennessee and Missouri. Minnesota, Florida and Georgia are expected to be added to the list soon.
“Voom is a complete game-changer,” said AMA Hall Of Famer Scot Harden. “Its approach to motorcycle insurance really speaks to the needs of the riders. From quote to claim, they truly provide an experience for riders, by riders.”
Here’s a video that explains how the Voom pay-per-mile pricing works:
Here is more from the Voom Insurance press release…
Riders in Texas, Tennessee & Missouri are able to save more than ever before on motorcycle insurance by switching to Pay-Per-Mile
Palo Alto, CA (January 17, 2023) – Voom Insurance, the only pay-per-mile motorcycle insurance provider, is expanding its innovative offering to motorcyclists in three additional states: Texas, Tennessee and Missouri.
Motorcycle owners in these states who ride less than 2000 miles a year per bike—such as weekend warriors, occasional riders and multiple motorcycle owners—can save up to 60 percent compared to traditional motorcycle-insurance plans, starting as low as $50 per year. In an age of inflation, Voom aims to help riders keep more money in their pockets.
“Our team is excited to be able to introduce our product to the Lone Star State, one of the most populated motorcycle markets in the country, as well as in Tennessee and Missouri,” said Tomer Kashi, Voom co-founder and CEO. “As we currently operate in 10 states, this new expansion allows us to expand our reach among riders and cover almost 30 percent of the U.S. motorcyclists population. We are working diligently to take Voom nationwide to allow riders to save more, without compromising on their coverage level.”
“We surveyed hundreds of riders and found that 70 percent ride 2000 miles a year or less,” said Ori Blumental, Voom co-founder and CTO. “The results of this study are correlated to the findings of the recent behavioral safety research done by the NHTSA. These riders are actually overpaying to cover the risks of a few lucky riders who ride more often.”
Voom offers a non-intrusive alternative to the status quo: riders report their mileage by sending in a picture of their odometer, with no tracking or hardware required. The bike is covered, even when someone doesn’t ride any miles for a particular month. The service is currently available in 10 states in the USA, including Arizona, Illinois, Indiana, Iowa, Missouri, Ohio, Oklahoma, Tennessee, Texas and Wisconsin, and soon in Florida, Georgia and Minnesota.
About Voom Insurance:
Voom is the world’s first on-demand insurtech platform providing usage-based insurance products for underserved mobility segments. Voom is a licensed insurance broker in all 50 U.S. states.
To learn more, visit voominsurance.com.
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