February 13, 2023

Nubank Auto is fintech’s car insurance and is already available as of today (13). However, the novelty was launched, for the time being, only in the applications of some customers in the city of Curitiba, in the state of Paraná. The service is important in order not to have such large expenses with the car, whether due to fixed costs (fuel and maintenance) or due to unforeseen events (accidents).

According to Nubank, its car insurance service aims to “bring tranquility and freedom to customers who love their car”. As fintech always does, the product makes it easy to use and the whole process can be done without the need for help from third parties.

Nubank Auto: learn regarding fintech car insurance

What do you need to use Nubank Auto?

According to the digital bank, Nubank Auto needs that:

• The customer is 18 years of age or older and has a valid driver’s license;
• You are the main driver (who drives the car most of the time);
• The vehicle is used only for personal purposes (it is not allowed to use the car for work);
• There are no modifications to the vehicle that change the way it came from the factory;
• The value of the vehicle does not exceed R$ 150 thousand;
• The vehicle is not more than 12 years old.

What does Nubank Auto cover?

When contracting Nubank car insurance, fintech says that its client will be entitled to:

• Protection once morest robbery and theft: which covers 100% of the Fipe Table and offers protection once morest Fire (Natural or Accidental);
• 24h assistance: covering towing, electrical problems, tires and locksmith.

In addition, the digital bank informs that it is still possible to add coverage such as:

• Collision and Natural Events: which covers 100% Fipe Table, total or partial damage, flood, landslide and rain;
• Third-party protection: covers property damage and physical damage of up to R$50,000 each;
• Glass and headlight protection: which covers headlights, taillights, windshield and review mirror.

What is not covered by Nubank Auto?

According to Nubank, your car insurance does not cover the following insurances:

• The car is over 12 years old;
• Imported cars that are not in the FIPE table;
• The value of the car exceeds R$ 150 thousand.

What do I need to do to purchase Nubank car insurance?

To purchase Nubank car insurance, follow the steps below:

• When opening the Nubank app, tap the dollar sign ($) at the bottom of the screen;
• Click on “Car Insurance”;
• Read the product conditions;
• Insert the license plate;
• Select the vehicle model;
• Indicate if you would like to include other drivers under 26 years of age in the insurance;
• Enter the zip code where your car spends the night and the type of garage;
• Inform your bonus class (if applicable);
• Choose the toppings that make the most sense to you;
• Choose the payment method – Nubank account or credit card;

Okay, now the insurer will analyze it and, if it is the first car insurance taken out with fintech, the customer will need to follow the instructions and carry out a digital inspection through the Nubank app.

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