Sure launches first U.S. app-based rental car insurance

Customers can purchase insurance coverage in under a minute while in line for car rental

NEW YORK, NY — Dec. 7, 2017 — SURE, the leading personal insurance distribution platform, today launched the first app-based rental car insurance product for U.S. customers. The new insurance product works with all car rental companies, costs less than $10 per day and can be purchased in under a minute.

Traditional rental car insurance purchased through a rental car company can cost as much as double a customer's daily car rental rate. For example, if a customer's car rental costs $15 per day, they may pay up to $30 per day for the rental company's insurance product. Also, car rental contracts can be complex and may not provide a thorough protection package, often leaving the customer with high fees if he or she causes minor damage to the car. SURE is solving rental car insurance gaps and inefficiencies by offering coverage for less than $10 per day. The policies that SURE offers cover anything from fender benders to serious physical damage and also additional drivers. Unlike rental car company insurance policies, SURE also covers flat tires and property theft while on the road.

"SURE's new rental car insurance product is launching just in time for the holiday travel season, which is high season for rental car usage," said Wayne Slavin, CEO, SURE. "Renting a car can often be stressful during busy travel seasons. Customers want to have a pleasant experience and not have to experience high-pressure sale tactics at the rental car counter. Our goal is to make buying rental car insurance as quick, easy and comprehensive as possible while delivering better and more complete coverage."

SURE's rental car insurance is underwritten by Chubb, the world's largest publicly traded property and casualty insurance company and the largest commercial insurer in the U.S.

To download the app and purchase rental car insurance, please visit www.sureapp.com.

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About SURE‍

SURE is a leading insurance distribution platform that is making it easier for insurers to distribute any type of insurance directly through mobile apps and the web. Today more than 35 insurance carriers across the globe trust SURE's technology to power their daily operations at scale. Based in New York City and Los Angeles, SURE is available in all 50 states and internationally on iPhone, Android devices and the web. For more information, visit www.sureapp.com. Follow @SUREHQ on Twitter, Facebook and Instagram.