Safe rentals to known users
We want to make our service as safe possible and therefore we have implemented membership levels and ratings to the service. The more you use the service and the more information you give, the higher you get on the membership level. A high membership level enables a better insurance cover during rental, which benefits both the owner and user.
The owner can decide who they rent to and therefore good ratings and a high membership level enables more options for the users. Remember to always give a rating after the rental!
Blox Car offers tailor made P2P insurances together with If
By renting through Blox Car you get extra cover for your car. Customers at If can get either an extended or limited Shareit-Insurance depending on their own motor vehicle insurance and the users membership level.
Shareit-Insurances are extra covers for single rentals and they are tailor made for P2P car sharing. Shareit-Insurances are valid during rentals made through Box Car. The coverage of the rental (extended or limited) is chosen when the car is added to the service. The Shareit-Insurances can only be bought for a rental if the user’s membership level is at least two.
The content, coverage and the compensation terms of the insurance are defined in the product brochure and the insurance terms.
How the motor vehicle insurance and the membership level impact the Shareit-Insurance
A comprehensive Shareit-Insurance including fraud and abuse covers can be granted for a single rental, when the car has a traffic insurance and a comprehensive motor vehicle insurance at If. For these rentals you can also choose a limited Shareit-Insurance.
A comprehensive Shareit-Insurance on these membership levels includes a bonus, excess, fraud and abuse covers. A limited Shareit-Insurance includes a bonus cover for the traffic insurance.
When the vehicle has a traffic insurance and a motor vehicle insurance or a limited motor vehicle insurance can an extended Shareit-Insurance be granted without a fraud and abuse cover. The membership level of the user must be at least two.
On this membership level the extended Shareit-Insurance includes a bonus and excess cover. The fraud and abuse covers can only be granted if the user’s membership level is three. The limited Shareit-Insurance includes a bonus cover for the traffic insurance.
Shareit-Insurances are not granted when the user’s membership level is one. When the owner rents to a member on this level, it happens on their own risk.
The limited Shareit-Insurance is granted to vehicles with a traffic insurance and possibly also limited motor vehicle insurance are at If. The insurance is not granted unless the user’s membership level is at least two. The limited Shareit-Insurance includes a bonus cover for the traffic insurance. The insurance covers a financial loss caused by a bonus loss when an insured car causes a traffic accidents.
The price of the limited Shareit-Insurance is 2 euros/day and it’s valid during a single rental.
The extended Shareit-Insurance requires that the car has a traffic insurance and comprehensive motor vehicle insurance at If – and that the user’s membership level is at least two. On this membership level the fraud and abuse covers are not granted to the extended Shareit-Cover. When the user’s membership level is at least three then the insurance also includes the fraud and abuse covers. The extended Shareit-Insurance includes a bonus, excess, abuse and fraud cover for the motor vehicle insurance.
The price of the extended Shareit-Insurance is 5 euros/day and it’s valid during a single rental.
Read more from the product brochure and the insurance terms for the Shareit-Insurance.
Shareit-Insurance is provided by If
The Shareit-Insurance is provided by If Vakuutusyhtiö Oy, branch office in Finland, business ID 1602149-8, legal address Stockholm.
The Insurance Contracts Act and other legislation in Finland control the insurances by If Vahinkovakuutusyhtiö Oy. The operations by If are controlled by the Financial Supervisory Authority, Snellmaninkatu 6, PB 103, 00101 Helsinki, www.finanssivalvonta.fi, phone 0800 050 99 and fax 010 831 5328.
Blox Car offers extra cover also for cars that are not insured at If
The basic cover is made for cars that are not insured at If. It’s also valid in cases where the owner and the user have made a written agreement about the compensation. The bonus cover protects against financial loss due to a bonus loss to the upper limit of the excess charged from the user.
If the compensation is paid by an insurance company, the compensation for the damage must be paid from the insured members traffic or comprehensive motor vehicle insurance. The payment condition for the compensation is that the car has during the time of the accident been driven by a member in the Blox Car service.
The price of the basic cover is 5 euros/day and it’s valid during a single rental.
The basic cover protects against financial loss as follows
BONUS COVER IN THE COMPULSORY TRAFFIC INSURANCE
The bonus cover in the compulsory traffic insurance gives protection in situations where the renter causes a traffic accident. If the bonus in the compulsory traffic insurance is lowered then the policyholder is paid compensation for the financial damage as a result of the lowered bonus.
BONUS COVER IN THE COMPREHENSIVE MOTOR VEHICLE INSURANCE
The bonus cover in the comprehensive motor vehicle insurance gives protection in situations where the renter causes a motor vehicle accident. If the bonus in the comprehensive motor vehicle insurance is lowered then the policyholder is paid compensation for the financial damage caused by the lowered bonus.
EXCESS COVER IN THE MOTOR VEHICLE INSURANCE
The excess cover for the motor vehicle insurance covers financial loss caused to the owner up to the excess charged from the user. The owners share is always 200 euros. If the excess cover in the motor vehicle insurance is higher than the excess charged from the user, then the owner is responsible for any exceeding costs. The renters excess during the rental is the excess chosen by the owner and that has been valid during the rental.
MAXIMUM COMPENSATION IN THE BASIC COVER
From the basic cover the maximum compensation is always the excess charged from the user.
Read the terms for the Basic cover here.
SHAREIT ROADSIDE ASSISTANCE
Shareit Roadside Assistance is an extra cover provided together with Autoliitto. Shareit Roadside Assistance covers transport costs caused by technical errors or accidents. The service includes e.g. towing, technical assistance, transport home and accomodation. Both the user and owner can take the cover. The Shareit Roadside assistance is available for all rentals regardless of the insurance.
The price of the Shareit Roadside Assistance depends on the service. Check the prices here and read the terms here.