Zego vs INSHUR: Difference and Comparison

Insurance is a must these days, especially for professional workers who work under uncertain platforms. It is a must for automobile industry regulators. But opting for insurance is based on quite a few factors.

There are different kinds of insurance companies, ranging from Zego to INSHUR, that ensure the total assurance of their clients.

Key Takeaways

  1. Zego is an insurance provider offering flexible coverage options for gig economy workers, while Inshur provides commercial auto insurance for ride-sharing and delivery drivers.
  2. Zego offers usage-based insurance policies tailored to each customer’s needs, while Inshur provides standard insurance plans with fixed premiums and deductibles.
  3. Zego also provides public liability and professional indemnity coverage, while Inshur only covers auto liability.

Zego vs INSHUR

Zego focuses on providing flexible insurance coverage to gig workers, including drivers for Uber and Lyft, offering a pay-as-you-go insurance model. Inshur specializes in providing commercial auto insurance to black car and livery drivers in New York City, offering a fixed annual insurance policy.

Zego vs INSHUR

Zego is a newcomer to the insurance sector, focusing on vehicle insurance for a wide range of jobs and businesses, including delivery drivers, carriers, and contractors.

Zego focuses on offering auto insurance to professionals such as delivery drivers and couriers, as well as rental car companies.

INSHUR appears to be the shortest TLC and Private Hire vehicle insurance provider. Drivers can get an assessment, purchase, and manage an insurance policy at their leisure using the mobile phone app.

INSHUR offers insurance coverage to many of the world’s most innovative businesses.

Comparison Table

Parameters of ComparisonZegoINSHUR
Headquartered inZego’s headquarters are in London, United Kingdom, and the company has two offices throughout the country.On the other hand, INSHUR is headquartered in New York, NY, US.
Founded inHarry Franks & Sten Saar started the Zego company in 2016.The INSHUR organization was established in October 2016 and is located in New York and Brighton (UK).
SignificanceZego is a corporate motor insurance company that helps enterprises, including large fleets of cars to self-employed vehicle owners, seize opportunities.INSHUR is the speediest supplier of professional driver insurance, with coverage for ridesharing, private hire, couriers, and meal delivery drivers.
IntegrationZego has partnered with famous companies like OLA and JUST EAT.On the other hand, INSHUR has partnered with companies like Wakam and Munich RE.
PolicyZego has a flexible policy, ranging from 1 hour to 1 year.Users are not locked through a year agreement and therefore can work around other work-life obligations because insurance covers it for 30 days.

What is Zego?

Zego is a newbie to the insurance industry, specializing in automobile insurance for a variety of occupations and enterprises, such as delivery people, transporters, and contracting folks.

Zego specializes in providing automobile insurance to pros such as delivery people (for both automobiles and scooters) and courier operators, and also car rental firms.

Zego Insurance has a selection of items, such as delivery driver automobile insurance, bike insurance, and fleets insurance.

The cost of automobile insurance is determined by several personal characteristics, including the policyholder’s age, travel dynamics, the type of vehicle covered, and the policyholder’s locality.

This implies that the exact rate one has to pay will be determined by their personal information.

The cost of Zego’s coverage varies depending on the package and the policyholder’s nature of the job. “Insurance hasn’t altered in far more than a century,” according to the firm’s site.

However, the methods by which people live, work, and commute have changed. Traditional insurance policies aren’t adequate for the task of keeping up with the goals.

One policy does not fit everyone, whether flexible working hours to vehicle pooling. So Zego has been working on a solution: straightforward, flexible policies that are tailored to match the needs of the twenty-first century.”

What is INSHUR?

For today’s business and commute drivers, proprietors, and fleets, INSHUR provides a fully leading digital solution. The company is based in New York & Brighton and was established in October 2016.

INSHUR seems to be the quickest supplier of TLC and Private Hire motor insurance. Drivers may use the mobile phone app to get an estimate, acquire, and maintain an insurance plan at their leisure.

INSHUR provides insurance coverage to some of the world’s largest forward-thinking companies.

Its product portfolio establishes a new standard for insurance product design, production, and dissemination.

INSHUR has been attempted by thousands or even millions of drivers in New York, the United Kingdom, as well as the Netherlands. Rapid customization is possible thanks to an API-first information system structure.

In a couple of hours, users can build up front-end distributing, charging, and policy administration.

INSHUR signed a license agreement with Uber in November 2018, became a preferred insurance provider, and started in the United Kingdom in December 2018, backed by the Netherlands in 2020.

Main Differences Between Zego and INSHUR

  1. Zego’s headquarters are in London, United Kingdom, and the company has two offices throughout the country. On the other hand, INSHUR is headquartered in New York, NY, US.
  2. Harry Franks & Sten Saar started the Zego company in 2016, whereas The INSHUR organization was established in October 2016 and is located in New York and Brighton (UK).
  3. Zego is a corporate motor insurance company that helps enterprises, including large fleets of cars to self-employed vehicle owners, seize opportunities. INSHUR is the speediest supplier of professional driver insurance, with coverage for ridesharing, private hire, couriers, and meal delivery drivers.
  4. Zego has partnered with famous companies like OLA and JUST EAT. On the other hand, INSHUR has partnered with companies like Wakam and Munich RE.
  5. Zego has a flexible policy, ranging from 1 hour to 1 year. In INSHUR, users are not locked through a year agreement and can work around other work-life obligations because insurance covers it for 30 days.
References
  1. https://journals.plos.org/plosone/article?id=10.1371/journal.pone.0238460

Last Updated : 13 July, 2023

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23 thoughts on “Zego vs INSHUR: Difference and Comparison”

  1. The description of Zego and INSHUR’s offerings provides a comprehensive view of their insurance policies, coverage options, and target clientele. This comparison is valuable for making informed decisions about insurance providers.

    Reply
    • I couldn’t agree more. Having a detailed understanding of their offerings and target market is vital for professionals seeking insurance.

      Reply
  2. The detailed information about INSHUR and Zego provides a great understanding of their offerings and the range of professionals they cater to. This is valuable for individuals in the automobile industry.

    Reply
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      Reply
  3. Zego and INSHUR have variations in their headquarters, significance, integration, and policy duration. This detailed comparison helps in understanding essential differences and making well-informed choices.

    Reply
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      Reply
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    Reply
  5. The comparison between Zego and INSHUR’s offerings is insightful. Understanding their difference in policy duration and client base is crucial for professionals seeking insurance in the automobile industry.

    Reply
  6. Insurance is crucial for professionals working in gig economy platforms, but it is important to weigh the different coverage options and policies of insurance companies before opting for one.

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  7. The overview of Zego and INSHUR’s features and specializations in automobile insurance is informative. It’s essential to consider these details when choosing an insurance provider.

    Reply
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      Reply
  8. The description of Zego and INSHUR’s offerings are quite insightful. The comparison provides a clear understanding of what each company provides and who they cater to.

    Reply
    • Absolutely, the focus on coverage, customer base, and the overall approach of the insurance providers is well-detailed.

      Reply
  9. Zego and INSHUR have distinctive offerings with their insurance policies, tailored for different types of professional workers and businesses. Understanding these differences is crucial for making an informed decision.

    Reply
  10. It’s clear that Zego and INSHUR have distinct approaches to insurance offerings. This information is beneficial for professionals in the gig economy and automobile industry.

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