Tomorrow, over 150,000 music lovers will head down to Somerset for Glastonbury Festival 2016. The lucky festival-goers who managed to get tickets for the famous event will enjoy an array of music and partying once they arrive. However, while some might be super-organised and have already organised their transport to the festival, many will have left it to the last minute. While coach and train ticket prices will be rising as the day goes on; festival-goers need not panic, as today, Cuvva is launching its Social Garage app.The app is extremely simple and efficient. Once you have registered and logged in, you will immediately be able to see which of your Facebook friends have cars available to borrow in exchange for a reasonable payment. Once you have contacted them via the Cuvva app, you can get hourly insurance on their car and be on the road in seconds.
The innovative app was founded by Freddy Macnamara, who grew up in rural Scotland where he was frequently stranded, with buses leaving only twice a day. The entrepreneur who often struggled to get to festivals around the country soon became frustrated that despite the fact his family and friends all had cars close by sitting idle; he couldn’t access them. This sparked his idea for the app, which allows friends and acquaintances to loan their cars to people they trust.
In Freddy’s words: “Insurance is broken, and I believe I can help to fix it – we’ve turned a process that normally takes an hour, into a ten-second, on-demand service on your smartphone. What Uber has done for booking a taxi, we have now done for ‘getting Cuvva’d.”
Cuvva users have already driven over one million miles whilst insured under the Cuvva app. Version 2 also creates a zero friction model and closes information symmetry; meaning that friends can quickly see which friends are willing to loan their cars and those who are happy to lend in return for a monetary contribution. The app also leverages the Facebook graph, so people can choose to loan their cars to a specific list of trusted friends.
Any festival-goers who try the app can also save £5 when they book insurance with Cuvva for the first time using the code: CANDIDMAGAZINE1.
Words by Sophie Exton