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Qualifying Car Rental Apps

'Cruizing Club' Allows Users to Screen Renters Based on Driving History

— October 1, 2015 — Autos
'Cruizing Car,' designed at the Disrupt Hackathon, is a car rental app that allows users to track drivers' habits to pre-approve or reject possible renters. The app tracks the status and location of vehicles rented, the amount of money the user has made and, most importantly, the driving statistics of potential future and past renters.

The app uses the car's OBD connector port to monitor the driving patterns of renters. Based on things like speed, miles driven and damage or lack-thereof, users of the car rental app can make informed decisions in a custom approval process.

The app can be used in tandem with services like 'RelayRides' or 'FlightCar,' providing more confidence and a sense of insurance. Created and presented by Tom Rutka, this app would encourage more hesitant car owners to rent out their vehicles as a way to make some extra cash.
Trend Themes
1. Monitoring Car Renters - Opportunity for car rental companies to develop apps that track driving habits to pre-approve or reject potential renters based on driving history.
2. Data-driven Rental Decisions - Opportunity for technology companies to create apps that use driving statistics to inform car rental approval processes, increasing user confidence and safety.
3. Sharing Economy Insurance - Opportunity for insurance companies to offer specialized policies that cover car owners who rent out their vehicles through car rental apps, giving peace of mind to hesitant car owners.
Industry Implications
1. Car Rental - Disruptive innovation opportunity for car rental industry to incorporate apps that monitor driving habits and offer data-driven rental decisions based on renters' histories.
2. Mobile App Development - Opportunity for mobile app development industry to create innovative rental apps that utilize driving statistics to inform rental decisions and increase user confidence.
3. Insurance - Disruptive innovation opportunity for insurance industry to offer specialized coverage for car owners who participate in the sharing economy by renting out their vehicles through car rental apps.
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