Date Published
A 21-year-old and a 55-year-old pay the same for insurance. Why?
Two customers, same car, same weekend. One is 21 and got his licence two years ago. The other has driven for 30 years and never had a single damage claim with you.
Yet your price list charges them the same for insurance. One overpays, the other underpays. And you cover the gap.
Why flat insurance pricing doesn't work
Risk isn't equal. A single price means:
- experienced drivers leave for a competitor with a better offer,
- high-risk drivers buy cover cheaply,
- your add-on margin disappears into damage costs.
How it works in Camasys
You can adjust the insurance price by three factors:
- Driver age – younger driver, higher risk.
- Vehicle type – a premium SUV is not a city car.
- Damage history – a claim-free customer deserves a better price.
Insurance sits in the add-on catalogue next to child seats, GPS and Wi-Fi. You set the rules once, and the system applies them to every booking, online and at the counter.
Where does the damage history come from?
From your own data. Camasys stores photo-verified damage records with timestamps, estimates and liability for every vehicle. The longer you use it, the sharper your pricing gets.
What you gain
- Fair prices for loyal, careful customers.
- Better risk cover for young drivers and pricier cars.
- Higher add-on revenue without manual calculations.
Bottom line
Insurance is often the most profitable add-on in a rental. Price it by risk and you earn more while rewarding good drivers.
Book a Camasys demo and set rules that fit your fleet.