Sync car rentals marketplace adds Helvetia insurance coverage for its Providers

Vehicle safety has always been a key concern for those who wanted to rent their car to third parties. As of January 12, Sync adds another layer of protection.

Sync announces partnership with Helvetia, one of Europe's largest insurance groups with a presence in more than 10 countries. Through this partnership, each vehicle rented through the platform gains additional insurance coverage for the duration of the reservation.

How it works:

For owners of vehicles with mixed insurance, Helvetia covers their exemption amountup to €3,000. For those who do not have a mixed, damage cover of up to €500 is provided. The cover covers damage from an accident or vandalism and is only valid for the duration of each rental. The new coverage is complementary — it does not replace the mandatory insurance that every vehicle must have, but it does offer an additional safety net for the days that the vehicle is in reserve.

Why does it matter:

Until now, vehicle owners who wanted to rent them faced the risk of damage during rentals. Sync and Helvetia now take on some of that weight, making car sharing safer for Providers.

The partnership with Helvetia is part of Sync car rentals' commitment to invest in its Provider community and build an ecosystem of trust around vehicle sharing in Greece.