Top Brasil Mutual Aid Association PV, operating under the brand Top Brasil, reached the milestone of 100,000 members across the national territory. The number was achieved after more than 13 years of activity in the vehicle protection segment, during which the entity expanded its structure to more than 120 units and has a team of approximately one thousand consultants.
The association offers 24-hour assistance and coverage throughout Brazil. The growth of Top Brasil occurs in a market characterized by low coverage of the Brazilian fleet, according to National Treasury data. The research indicates that only 29% of automobiles in circulation in the country have an insurance policy.
According to data from the National Household Sample Survey, released in July of this year, approximately 44 million vehicles do not have any type of coverage, out of an estimated total of 63.3 million automobiles. This scenario helps explain the growing demand for associative and mutualist models of asset protection.
In the associative model, participants contribute to a common fund intended to cover losses with vehicles of the association's members.
