Honda Is Getting Into the Automotive Insurance Business
Briefly

Honda has introduced Honda Insurance Solutions, a joint venture with VIU by HUB, expanding into the insurance market. This new company will provide automotive and home insurance. The president of American Honda Insurance Solutions emphasized the importance of insurance in vehicle ownership, aiming to enhance customer experience and promote safety. Unlike competitors, Honda's insurance will not involve monitoring drivers or sharing data for discounts, responding to privacy concerns surrounding insurance practices. This differentiating factor may influence customers' decisions to choose Honda's in-house insurance options.
Insurance is a key touchpoint in the vehicle ownership journey, and we aim to deliver a superior experience tailored to the unique needs of each customer, while promoting safer driving and increased peace of mind on the road.
We are not providing data to insurers to offer safe driver discounts.
Read at InsideHook
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