INSURANCE
Work-from-home trend could shake up car insurance
With fewer cars on the road, insurers with more flexible products will be best placed to thrive
23 April 2020 - 05:00
The coronavirus outbreak could cause a shake-up in the car insurance industry as a budding work-from-home ethos potentially leads to fewer vehicles on the road.
Ernest North, co-founder at Naked Insurance, believes that many local companies will be more open to flexible work-from-home arrangements, resulting in fewer private cars being driven during commuting hours, along with a reduced need for insurance cover...
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