Getaround Partner And Axle To Allow Guests To Use Their Own Car Insurance, And Reduce Costs
Portfolio Pulse from Benzinga Newsdesk
Getaround, a car-sharing platform, has partnered with Axle to allow guests to use their own car insurance, reducing costs for both guests and car owners. This partnership aims to make car-sharing more accessible and affordable.
June 15, 2023 | 12:09 pm
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Getaround's partnership with Axle allows guests to use their own car insurance, reducing costs and potentially increasing the platform's user base.
The partnership between Getaround and Axle directly benefits Getaround by reducing costs for guests and car owners, making the platform more attractive to potential users. This could lead to an increase in the user base and, consequently, higher revenues for the company. As a result, the stock price of GETR is likely to go up in the short term.
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