Toyota Introduces Auto Insurance; Kinetic, Nationwide Recruits Executives – Digital Insurance
Toyota Insurance Management Solutions has launched its first branded product, Toyota Auto Insurance. Auto insurance is currently available in Arizona, Illinois, Indiana, Ohio, and South Carolina with additional states to be added soon. The product, which is customizable with options for carpooling and pet passenger, is insured by Farmers Insurance. Consumers can purchase the insurance through the Toyota mobile app, participating dealerships and the website. "We are excited to bring our flagship auto insurance product to market. With Toyota Auto Insurance, we can really improve the overall Toyota ownership experience for our customers," said Will Nicklas, chief operating officer of Toyota Insurance Management Solutions, in a statement. "We look forward to expanding this product even further, including the ability to enable Toyota owners to seamlessly use their driving data for additional insurance discounts."