Nu expands insurance coverage and reaches the car market with Nubank Auto

São Paulo, February 13, 2023 – In yet another step towards expanding its insurance portfolio, Nubank announces car protection insurance, Nubank Auto. The novelty arrives gradually in the city of Curitiba starting today and will be available in several other regions in Brazil throughout this year.

Nubank Auto is a safe, simple, and bureaucracy-free alternative to insurance that is in great demand by customers. The announcement complements the range of insurance products offered by the company, which already offers Nubank Vida (life) and Nubank Celular Seguro (mobile).

One of Nubank Auto’s differentiators is that, in addition to making it easier to contract the service, the consumer selects the coverage items they need when closing the contract, reaching a transparent final value that fits in their pocket. “Auto insurance in Brazil is bureaucratic and expensive. This leads to both poor customer experiences for insured customers and low accessibility of auto insurance. Nubank Auto brings a new practical, reliable, and affordable product that aims to meet the unique needs of each individual client”, says Burke Deutsch, general manager of Nubank’s insurance area.

With a 100% digital service, Nubank Auto provides 24-hour service in a simple and easy way, with no late payment of claims and transparent fees. When contracted, the insurance may include services such as: protection against robbery and theft, 24-hour assistance, coverage in case of collision and natural events, protection for third parties, and protection of glass and headlights.

Other insurances offered by Nubank

Nubank Vida is the insurance that aims to protect the client, family, and money from unforeseen circumstances such as death or personal accidents. The user pays a monthly amount and, in the event of an unforeseen event (in the case of accidents) or to the beneficiaries, the contracted amount is received, which can reach R$ 150,000.00. Nubank also offers Nubank Celular Seguro with coverage plans against theft and theft, accidental damage, and/or complete protection according to the device model.