Latest news with #PetarVucurevic
CNBC
06-08-2025
- Automotive
- CNBC
Honda now offers car insurance
Honda is the latest automaker to get into the insurance business. In late July, the Japanese manufacturer announced Honda Insurance Solutions, an online marketplace that gives consumers a simple way to comparison shop for car, home, and even pet insurance policies from dozens of top providers. The program, a partnership with omnichannel insurance brokerage VIU by HUB, is available for all makes and models of automobiles, although Honda and Acura owners are guaranteed replacement parts from their original manufacturers. Honda's auto insurance marketplace offers coverage for all makes and models of cars. Honda and Acura owners can select policies with genuine parts replacement. Varies by company. Options include discounts for bundling, safe drivers, anti-theft devices Varies by company Honda Insurance Solutions has partner insurers available in all 50 U.S. states and Washington, D.C. The in-house insurance agency has policies for residents in all 50 states, including plans from top providers like Progressive, Geico and Nationwide. In addition to automobiles, it offers vehicle coverage for motorcycles, boats, RVs, ATVs and more. Honda joins other major automakers, including Tesla, Toyota, and GM, in expanding into the insurance market. It suggested that the venture marked the start of a broader strategy to integrate insurance into digital vehicle sales platforms, encompassing telematics and usage-based pricing. "This is just the beginning of our vision," Petar Vucurevic, president of American Honda Insurance Solutions, said in a statement. "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." Offers in this section are from affiliate partners and selected based on a combination of engagement, product relevance, compensation, and consistent auto coverage is available in all 50 states and Washington, D.C., with 16 discounts and add-ons like roadside assistance, rental car reimbursement and mechanical breakdown offers an array of riders, including rideshare insurance and a Deductible Savings Bank that deducts $50 each policy period you go without a claim. It also offers mechanical breakdown insurance, which covers unexpected major system failures. No, the platform has policies for all make and model vehicles. Honda and Acura owners, however, are guaranteed that replacement parts will be from the original manufacturer. According to Honda, online quotes are not available for all policies in all states. No, policies purchased through the Honda Insurance Solutions site are underwritten by top insurance providers, with support from licensed agents from VIU by HUB. Money matters — so make the most of it. Get expert tips, strategies, news and everything else you need to maximize your money, right to your inbox. Sign up here. At CNBC Select, our mission is to provide our readers with high-quality service journalism and comprehensive consumer advice so they can make informed decisions with their money. Every car insurance review is based on rigorous reporting by our team of expert writers and editors with extensive knowledge of insurance products. While CNBC Select earns a commission from affiliate partners on many offers and links, we create all our content without input from our commercial team or any outside third parties, and we pride ourselves on our journalistic standards and ethics.
Miami Herald
03-08-2025
- Automotive
- Miami Herald
How Honda's New Insurance Service Benefits Car Owners
While you might look to Honda or Acura to supply your next car, you can now also turn to them for auto insurance. Like an increasing number of automakers, Honda is getting into the auto insurance business with the launch of Honda Insurance Solutions in all 50 states. "Insurance is a key touchpoint in the vehicle ownership journey," said Petar Vucurevic, President, American Honda Insurance Solutions, LLC, and Senior Vice President, American Honda Finance Corporation. "Honda Insurance Solutions offers customers access to coverage through a brand they know and trust." Honda announced last week that it plans to begin offering coverage for automobiles, motorcycles, RVs, homes, and more. The automaker will be working with insurance company HUB International Limited through its digital brokerage VIU. It's the first step in Honda's broader insurance strategy, with future plans to integrate insurance into digital vehicle sales platforms. The company also plans to offer auto insurance with optional OEM parts coverage that ensures claim repairs are made using Honda and Acura parts. "We aim to deliver a superior experience tailored to the unique needs of each customer," Vucurevic said, adding, "This is just the beginning of our vision for Honda Insurance Solutions that will see insurance integrated throughout the Acura and Honda digital customer journeys." Honda's foray into insurance is far from an anomaly, as other automakers have offered insurance for some time. Tesla Insurance arrived in 2019 and bases pricing on a safety score derived from driving habits. It provides savings when you cover more than one Tesla and promises to be 20% to 30% less expensive than other insurance. By the following year, Ford Motor Company partnered with Nationwide Mutual Insurance to launch Ford Insure for owners of 2020 and newer Ford vehicles, offering car, home, and pet insurance. The company uses its FordPass Connect modem telematics system to monitor driving behavior and award safe driving discounts to its car insurance rates. It also offers bundling discounts. General Motors knew a good idea when it saw one, launching OnStar Insurance in November 2020. It rebranded to General Motors Insurance in 2024 with policies underwritten by American Family Insurance. In addition to providing deductible waivers and accident forgiveness to safe drivers, it also gives GM car owners loyalty discounts. GM Insurance also provides coverage for non-GM vehicles as well as home, renter, and condo insurance. Electric automaker Rivian offers Rivian Insurance, underwritten by Nationwide Mutual Insurance, Progressive Casualty Insurance, and Cincinnati Insurance or their affiliated companies. Coverage can also be obtained for your home, boat, camper, and other vehicles in addition to user-based coverage linked to the vehicle's Driver+ driver-assistance technology. It might surprise you to learn that Toyota has been offering insurance to consumers through Toyota Insurance Management Solutions since April 2016. Marketed as Toyota Insurance, the company partners with 27 providers nationwide, giving customers a fair number of options. As with other automakers, you can insure more than just your car. Mercedes-Benz USA, in collaboration with Liberty Mutual, provides insurance tailored to Mercedes-Benz drivers through Mercedes-Benz Financial Services. It provides discounts based on telematics-based driving behavior monitoring, just like other automakers. Porsche also offers Porsche Auto Insurance, in partnership with Mile Auto Inc. Launched in 2019, pricing is partially determined by the number of miles driven. Policies provide priority status at Porsche-approved collision centers for Porsche vehicles 1981 and newer, using Porsche parts. It's currently available in Arizona, Georgia, Florida, Ohio, Oregon, Tennessee, and Texas. If you decide to opt for an automaker's insurance policy, make sure the perks are worth the price. Keep in mind that some automakers offer their insurance in just a handful of states, while others are available nationwide since insurance is state-regulated, not federal-regulated. However, before opting for any insurance policy, make sure to compare quotes from multiple insurance providers to ensure you are getting the best coverage and rates for your money. Copyright 2025 The Arena Group, Inc. All Rights Reserved.
Auto Blog
03-08-2025
- Automotive
- Auto Blog
How Honda's New Insurance Service Benefits Car Owners
By signing up I agree to the Terms of Use and acknowledge that I have read the Privacy Policy . You may unsubscribe from email communication at anytime. This special example of the Ruf CTR 'Yellowbird' is a heavily personalized example with a very interesting backstory. It's the only part of the car that isn't specially-developed, and even so, it's been modified for use in the Bug. You can lease a new 2025 CX-70 or CX-70 hybrid for less than $500/month. Car insurance is Honda's latest product offering, but other carmakers offer it as well While you might look to Honda or Acura to supply your next car, you can now also turn to them for auto insurance. Like an increasing number of automakers, Honda is getting into the auto insurance business with the launch of Honda Insurance Solutions in all 50 states. 0:08 / 0:09 GM sued for selling driver data to insurers Watch More 2026 Acura Integra — Source: Acura 'Insurance is a key touchpoint in the vehicle ownership journey,' said Petar Vucurevic, President, American Honda Insurance Solutions, LLC, and Senior Vice President, American Honda Finance Corporation. 'Honda Insurance Solutions offers customers access to coverage through a brand they know and trust.' Honda announced last week that it plans to begin offering coverage for automobiles, motorcycles, RVs, homes, and more. The automaker will be working with insurance company HUB International Limited through its digital brokerage VIU. It's the first step in Honda's broader insurance strategy, with future plans to integrate insurance into digital vehicle sales platforms. The company also plans to offer auto insurance with optional OEM parts coverage that ensures claim repairs are made using Honda and Acura parts. 2026 Honda HR-V EX-L — Source: Honda 'We aim to deliver a superior experience tailored to the unique needs of each customer,' Vucurevic said, adding, 'This is just the beginning of our vision for Honda Insurance Solutions that will see insurance integrated throughout the Acura and Honda digital customer journeys.' Autoblog Newsletter Autoblog brings you car news; expert reviews and exciting pictures and video. Research and compare vehicles, too. Sign up or sign in with Google Facebook Microsoft Apple By signing up I agree to the Terms of Use and acknowledge that I have read the Privacy Policy . You may unsubscribe from email communication at anytime. Honda joins a growing list Honda's foray into insurance is far from an anomaly, as other automakers have offered insurance for some time. Tesla Insurance arrived in 2019 and bases pricing on a safety score derived from driving habits. It provides savings when you cover more than one Tesla and promises to be 20% to 30% less expensive than other insurance. 2025 Ford Escape — Source: Ford By the following year, Ford Motor Company partnered with Nationwide Mutual Insurance to launch Ford Insure for owners of 2020 and newer Ford vehicles, offering car, home, and pet insurance. The company uses its FordPass Connect modem telematics system to monitor driving behavior and award safe driving discounts to its car insurance rates. It also offers bundling discounts. General Motors knew a good idea when it saw one, launching OnStar Insurance in November 2020. It rebranded to General Motors Insurance in 2024 with policies underwritten by American Family Insurance. In addition to providing deductible waivers and accident forgiveness to safe drivers, it also gives GM car owners loyalty discounts. GM Insurance also provides coverage for non-GM vehicles as well as home, renter, and condo insurance. 2026 Cadillac OPTIQ-V — Source: Cadillac Electric automaker Rivian offers Rivian Insurance, underwritten by Nationwide Mutual Insurance, Progressive Casualty Insurance, and Cincinnati Insurance or their affiliated companies. Coverage can also be obtained for your home, boat, camper, and other vehicles in addition to user-based coverage linked to the vehicle's Driver+ driver-assistance technology. Foreign automakers also offer policies It might surprise you to learn that Toyota has been offering insurance to consumers through Toyota Insurance Management Solutions since April 2016. Marketed as Toyota Insurance, the company partners with 27 providers nationwide, giving customers a fair number of options. As with other automakers, you can insure more than just your car. 2025 Mercedes-AMG GLC 63 S Coupe — Source: Mercedes-AMG Mercedes-Benz USA, in collaboration with Liberty Mutual, provides insurance tailored to Mercedes-Benz drivers through Mercedes-Benz Financial Services. It provides discounts based on telematics-based driving behavior monitoring, just like other automakers. Porsche also offers Porsche Auto Insurance, in partnership with Mile Auto Inc. Launched in 2019, pricing is partially determined by the number of miles driven. Policies provide priority status at Porsche-approved collision centers for Porsche vehicles 1981 and newer, using Porsche parts. It's currently available in Arizona, Georgia, Florida, Ohio, Oregon, Tennessee, and Texas. Source: Porsche Final thoughts If you decide to opt for an automaker's insurance policy, make sure the perks are worth the price. Keep in mind that some automakers offer their insurance in just a handful of states, while others are available nationwide since insurance is state-regulated, not federal-regulated. However, before opting for any insurance policy, make sure to compare quotes from multiple insurance providers to ensure you are getting the best coverage and rates for your money. About the Author Larry Printz View Profile
