HATFIELD, HERTFORDSHIRE – 22 May 2024 – PayByPhone has launched PayByPhone Protect, an in-app feature in conjunction with Chubb – a world leader in insurance – to insure personal items and car windows against theft and damage during parking sessions.
“A driver’s car is precious, but so are their valuables. We don’t want our users to become a statistic, with rising car crime – theft from vehicles rose by 9.9% according to the AA Insurance Services – and rising insurance costs, we have developed a quick, easy and cost-effective way to give drivers peace of mind while they are parked,” says Adam Dolphin, UK Managing Director for PayByPhone.
PayByPhone Protect provides drivers additional insurance coverage with just two additional clicks when parking. This insures the contents – whether on the passenger or back seats, in the boot or glove box - and side and rear windows of the car for the duration of their parking session up to £2,000 per claim. There is no excess and doesn’t add any cost to the driver’s existing motor insurance. The cost of the insurance is based on the duration of the parking session. If a claim needs to be made, it can be done via the Chubb online portal.
Selecting PayByPhone Protect is easy. In the summary screen, add the insurance by toggling the option on. The cost of insurance will be shown, then drivers simply confirm on the next screen. They then complete the payment for the parking session - including PayByPhone Protect - as usual.
“Our plan is to be much more than just a parking payment app. This aligns with our ethos of simplifying the journey for our users, allowing them to focus on what matters most. With PayByPhone Protect, we are giving them peace of mind every step of that journey, wherever it takes them,” Dolphin says.
To start parking with PayByPhone and to start using PayByPhone Protect, download the PayByPhone app from the App Store or Google Play. For a full list of areas where PayByPhone is available or to learn more, please visit www.paybyphone.co.uk.
ABOUT PAYBYPHONE
PayByPhone is one of the fastest growing mobile payments companies in the world, processing over 200 million payment transactions in 2023. Available in eight countries, PayByPhone helps millions of consumers easily pay for parking without the hassles of coins, lines, or fees. Their smart, intuitive technology is at the centre of their user-first approach, delivered to make everything as simple as possible. For more information, please visit www.paybyphone.co.uk.
CHUBB
All content in this material is for general information purposes only. It does not constitute personal advice or a recommendation to any individual or business of any product or service. Please refer to the policy documentation issued for full terms and conditions of coverage.
Chubb European Group SE (CEG). Operating in the UK through a branch based at 100 Leadenhall Street, London EC3A 3BP. Risks falling within the European Economic Area are underwritten by CEG which is governed by the provisions of the French insurance code. Registered company number: 450 327 374 RCS Nanterre. Registered office: La Tour Carpe Diem, 31 Place des Corolles, Esplanade Nord, 92400 Courbevoie, France. Fully paid share capital of €896,176,662.
