# P2P Car Insurance Guevara Lets Groups Share Insurance in Order to Keep Claims Low By Laura McQuarrie | Published 2016-03-11 | Autos Source: Trend Hunter, https://www.trendhunter.com/trends/share-insurance References: [heyguevara](https://heyguevara.com/home) The [sharing economy](https://www.trendhunter.com/trends/peertopeer-investment-marketplace) concept is making room for people to share houses, meals, rides and with a service like Guevara, drivers can even share insurance. Guevara is based in the UK and describes itself as a "[people-to-people car insurance](https://www.trendhunter.com/trends/affordable-auto-insurance)" solution. With this type of insurance, users are initially assigned a Base Price, which is determined on standard insurance information, including factors like age, location, car and driving experience. From there, users are able to join a group in order to use their collective resources and keep claims low. In this way, groups can save up to 50% by working together. P2P insurance services like these are becoming popular among those who value the cost savings and practicality of [shared ownership](https://www.trendhunter.com/trends/rax). ## Trend Insights (Trend Hunter) - Score: 3.1/10 - Popularity: 21% | Activity: 63% | Freshness: 8% - Audience gender: 50% men, 50% women - Primary generations: Gen Z, Millennial, Gen X - Top markets: Europe ## Categories [Trend Hunter](https://www.trendhunter.com/trends) > [Autos](https://www.trendhunter.com/autos) ## Key Themes ### What's Driving This Trend - **P2P Insurance:** Guevara's people-to-people car insurance promotes cost savings by allowing users to join groups and share resources, offering disruptive innovation opportunities in the insurance industry. - **Sharing Economy:** Guevara's service aligns with the sharing economy concept, providing car insurance that enables users to share and collaborate, creating disruptive opportunities in the sharing economy industry. - **Cost Savings:** Guevara's approach to car insurance highlights the importance of cost savings, presenting disruptive innovation opportunities in the financial services industry. ### Who This Affects Most - **Insurance:** Guevara's P2P car insurance introduces disruptive innovation opportunities in the insurance industry by promoting shared resources and cost savings. - **Sharing Economy:** Guevara's people-to-people car insurance aligns with the sharing economy industry, offering disruptive opportunities through collaborative and resource sharing models. - **Financial Services:** Guevara's cost-saving approach to car insurance presents disruptive innovation opportunities within the financial services industry, focusing on affordable and collaborative solutions. ## Related on Trend Hunter - [Peer-to-Peer Sharing Tools](https://www.trendhunter.com/trends/shapp.md) - [Peer-to-Peer Parking Platforms](https://www.trendhunter.com/trends/valay-park.md) - [Peer-To-Peer Rental Marketplaces](https://www.trendhunter.com/trends/peertopeer-rental.md) - [Flexible Monthly Car Shares](https://www.trendhunter.com/trends/turo-monthly.md) - [AI-Powered Auto Insurance Policies](https://www.trendhunter.com/trends/policyai.md) - [Modular Rideshare Vehicles](https://www.trendhunter.com/trends/gogo-ride-sharing-concept.md) - [Renter Insurance Packages](https://www.trendhunter.com/trends/coop-insurance.md) - [AI-Powered Rental Insurance](https://www.trendhunter.com/trends/lemonade-1.md) - [Cost-Effective Auto Insurance Platforms](https://www.trendhunter.com/trends/affordable-auto-insurance.md)