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# Versatile Mobility Insurance
Israel's Voom Provides Insurance for E-Bikes, Scooters and More

By Jana Pijak | Published 2019-06-24 | Business
Source: Trend Hunter, https://www.trendhunter.com/trends/mobility-insurance
References: [bicycleretailer](https://www.bicycleretailer.com/industry-news/2019/05/24/startup-offers-daily-insurance-share-bike-and-e-scooter-users#.XRESCOhKiUl)

Israel-based startup Voom recently launched an app offering access to a number of unique mobility insurance plans. These include specialized plans for owners of e-scooters, [bikes](https://www.trendhunter.com/trends/intelligent-cycling-system), boats and more. Raising $5 million in a recent crowd-funding effort, the company describes its insurance model as one that caters to “episodic usage mobility platforms including e-scooters and powersports.”

Voom CEO and co-founder Tomer Kashi explains that the platform is a convenient resource for on-the-go coverage that can be accessed via one's mobile device. "Voom will cover claims made by other individuals if a rider collides with them; this includes property damage and will provide personal accident insurance."

Appealing to urban dwellers who prefer [two-wheelers](https://www.trendhunter.com/trends/epa1) to traditional cars, or fans of high-intensity outdoor sports, this specialized mobility insurance offers versatile coverage.

## Trend Insights (Trend Hunter)

- Score: 3.7/10
- Popularity: 45% | Activity: 58% | Freshness: 8%
- Audience gender: 50% men, 50% women
- Primary generations: Millennial, Gen X
- Top markets: North America, Europe, Asia

## Categories

[Trend Hunter](https://www.trendhunter.com/trends) > [Business](https://www.trendhunter.com/business)

## Key Themes

### Why This Trend Is Growing

- **Unique Mobility Insurance Plans:** Voom offers specialized insurance plans for owners of e-scooters, bikes, boats, and more.
- **Episodic Usage Mobility Platforms:** Voom's insurance model caters to episodic usage mobility platforms, such as e-scooters and powersports.
- **On-the-go Coverage Via Mobile:** Voom provides a convenient mobile app for accessing insurance coverage anytime, anywhere.

### Industries Being Reshaped

- **E-scooter Industry:** Voom's insurance plans cater directly to owners of e-scooters, providing disruptive innovation opportunities within the industry.
- **Bike Industry:** Voom's specialized insurance plans for bikes offer new opportunities for disruption within the bike industry.
- **Powersports Industry:** Voom's insurance model for powersports caters to a niche market within the industry, presenting disruptive innovation potentials.

## Related on Trend Hunter

- [Eco-Friendly Transit Apps](https://www.trendhunter.com/trends/moovit-x-lime.md)
- [Modular Electric Scooters](https://www.trendhunter.com/trends/voiager-5.md)
- [Micro-Mobility Transport Systems](https://www.trendhunter.com/trends/forte-evo.md)
- [Three-Wheeled Electric Bikes](https://www.trendhunter.com/trends/veemo-velomobile.md)
- [Premium eBike Subscription Services](https://www.trendhunter.com/trends/wombi.md)
- [Modernize Auto Rental Replacements](https://www.trendhunter.com/trends/good-driver-mutuality.md)
- [Battery-Fuelled Electric Tricycles](https://www.trendhunter.com/trends/vook.md)
- [Accessible E-Scooter Services](https://www.trendhunter.com/trends/accessible-e-scooter-service.md)
- [R&D eBike Investments](https://www.trendhunter.com/trends/voi.md)
