FBC Insurance Breaking New Ground: Launches MyDRIVE A Revolutionary Usage Based Motor Insurance Product

FBC Insurance launched into the market a world-class, customer driven and low cost Usage Based Insurance product christened MyDrive. MyDrive, an earth shattering innovation which is a first of its kind in Zimbabwe, allows clients to enjoy cost savings hinged on customised and fair insurance premium charges based on the customer’s actual annual mileage. The product is available for individuals, corporates, schools and churches.

What is MyDrive?

  • MyDrive is a motor insurance cover where you are charged for the kilometers you travel.
  • At inception you choose the mileage that you will use up while travelling for the insurance term.
  • The Insurance premium is calculated based on the mileage and sum insured of the vehicle.
  • This new product is structured in such a way that it allows the client to save up to 50% compared to traditional insurance.
  • A telematics device which monitors accelerating, braking, cornering and the mileage covered within a specified period is fitted on the vehicle.

Who qualifies for MyDrive?

  • Individuals
  • Grouping of individuals
  • Pensioners
  • Churches –buses,trucks,private vehicles
  • Schools – buses,trucks,private vehicles

How Do You Measure the Distance That I would have travelled?

  • The telematics gadget installed will take real time measurement of the distance travelled.

Is My Privacy Violated?

  • No! The MyDrive product is governed by a strict privacy policy whereby only the client and FBC Insurance have access to the information.

Who Pays To Fit The Telematics Device In My Car?

  • FBC Insurance pays for the installation of the gadget I your vehicle.

Am I Insured If I have bought a policy But the Device Is Not Fitted In my Car?

  • Cover commemces when a client pays insurance premiums, customers are however encouraged to ensure the gadget is installed within 48hours are making payment.

Am I insured if I’ve bought a policy but the device isn’t fitted in my car?

  • Cover commences when you pay.

When can I expect my gadget to be installed?

  • Within 48 hours.


  • Your car is on a 24/7 tracking system which makes it easy to recover your vehicle in the event of theft
  • Reduce your insurance costs
  • Correctly priced premiums
  • Save up to 50% of Insurance premiums

WhatsApp or Text “Less” to 0786 257 574/5/6 and we will call you back.