Suppose you’re looking for a cheaper car insurance policy for young drivers; Marshmallow Insurance may be your company. They offer a courtesy car, a digital platform, and customer service by phone. We’ve reviewed their website, policy features, and customer service to help you make the right choice for your car insurance needs.
Marshmallow Insurance is a digital car insurance company
Marshmallow Insurance is a digital car insurer that works with the AA. This partnership allows Marshmallow to offer roadside assistance to its customers. The company also has a chat service available from 9 am to 8 pm, Monday to Friday. You can also call the company to make changes to your policy.
Marshmallow Insurance is based in the United Kingdom. It aims to provide a better car insurance experience to the public. The company has a booming customer base and a friendly, no-nonsense approach to business. It has been ranked the highest in customer satisfaction. It has a diverse workforce, including 50 per cent women and 20 per cent ethnic minorities. It also underwrites its insurance, leading to litigation with the former underwriter Mulsanne.
Investors, including Passion Capital and Investec, back marshmallow. The company was founded by identical twins Oliver and Alexander Kent-Braham, who believe the insurance industry is ripe for disruption. The company has sold over 100,000 policies in the UK and has a growth rate of 100% in the last six months.
It offers cheaper car insurance for younger drivers
If you’re a younger driver looking for a cheaper car insurance policy, Marshmallow Insurance may be the right choice. The company offers comprehensive cover to UK-born drivers aged 21 to 75. It also covers provisional licence holders. However, it does not offer third-party insurance and does not cover all of the UK.
Marshmallow Insurance has raised $1.2 million in seed funding. The money will help the company launch a digital car insurance product. The company says that it is committed to fairness and has backing from City of London investors. It focuses on younger drivers with inconsistent driving histories and offers a low-cost solution. It handles claims through its app and online account. It also has a dedicated 24/7 claims telephone number.
It offers a courtesy car.
Marshmallow Insurance offers a courtesy vehicle for its policyholders in case of a car accident. This service is free, but you should know that it has some limitations. For example, you may not be able to use the courtesy vehicle if you have a collision or total loss. However, Marshmallow will provide a replacement car if your car is out of service for more than a day. You must contact Marshmallow’s customer service department if you need the car.
Marshmallow Insurance also offers comprehensive coverage, which covers everything if your car is involved in a collision. This cover includes a courtesy vehicle if your car is stolen, roadside assistance, legal motor protection, and a courtesy car if you cannot drive your vehicle. You can also receive no claims discount protection through Marshmallow’s service. You can even use your previous insurer’s no claims discount record to receive this benefit, but you’ll need to upload a photo of your NCD record to get the full benefits.
It has a customer service phone line.
Marshmallow is an insurance company that offers greener car covers. The firm boasts several benefits, including no admin fees and cutting-edge technology. The company also stresses fairness and has been backed by investors from the City of London. It prices quote pretty and have a dedicated phone line to deal with claims. Marshmallow’s claims service is also available on a 24-hour basis.
Marshmallow offers two different car insurance plans: a comprehensive plan and a basic plan. The basic plan, Marshmallow Essential, is priced at PS25 per year and does not cover any of your possessions, built-in entertainment systems, or backup in the event of an accident. You may also be required to pay an excess when making a claim.
It doesn’t offer a comprehensive cover.
Marshmallow Insurance is a relatively new company and one that is looking to disrupt the car insurance market. Despite the heavy marketing spending of big brand car insurance companies, trust and interest in car insurance remain low. The company was founded in 2018 to provide a data-driven and inclusive experience. It wants to disrupt an industry that has become too familiar and tired.
Marshmallow Insurance is a burgeoning company rapidly expanding across Europe with new products. It has sold over a hundred thousand policies. Its ethos is to provide affordable car insurance to expatriates without a UK driving history and people with fragmented credit and address histories. Marshmallow incorporates global driving data into its AI-powered underwriting.