Carbiz Accident Replacement Vehicles is an Australian-based startup founded in 2016 offering an all-in-one accident management service for individuals involved in car accidents. The company's slogan, "Did you know that if you are not at-fault in a car accident, you may have the right to a loan car with the costs covered," emphasizes its primary service. Carbiz provides step-by-step support from the scene of the accident through to the recovery claim process, ensuring that individuals get back on the road quickly and efficiently. The company operates in the Finance and Insurance industries, catering to individuals' rights and needs after being involved in car accidents in Australia.
Carbiz specializes in facilitating the process of obtaining a loan car for individuals who are not at fault in a car accident and are involved in a multi-party collision, covering the costs on behalf of the at-fault party. If eligible, individuals will not be liable for the rental costs, provided they assist Carbiz in the recovery of expenses from the at-fault party and comply with the company's terms and conditions. With its focus on customer rights and seamless post-accident support, Carbiz aims to simplify the experience for car accident victims and streamline the often challenging process of getting back on the road.
Carbiz's innovative approach to addressing an often overlooked aspect of car accidents and its potential to disrupt the traditional process of handling accident claims could capture the attention of investors in the Finance and Insurance sectors. As of now, there is no publicly available information on the company's last investment or its investors, but Carbiz's unique position in the market and its potential for growth and impact could make it an attractive prospect for future investments in the Finance and Insurance industries.