CLUPP

MexicoInsurtech

CLUPP is a Mexican insurtech startup that offers pay-per-kilometer insurance for vehicles, including cars, motorcycles, bicycles, electric bikes, and scooters. The product rewards safe driving and low mileage with lower premiums, addressing the problem of high insurance costs for infrequent drivers. Customers are individual vehicle owners in Mexico, and the company is backed by Y Combinator. The insurance covers theft, vehicle damage, medical expenses, and even cellphone theft, with a focus on flexible, usage-based coverage.

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