Barcelona. Under the terms of the agreement, Zipcar acquired a minority interest in Avancar, a Zipcar executive joined Avancar's board and Zipcar was given a year option to increase the company's ownership stake. Later on in April 2010, Zipcar announced that it had acquired London-based car-sharing club Streetcar. In December 2010, Zipcar extended their option for another year through the end of 2011, and provided a monetary loan to Avancar, which is convertible into equity if Zipcar chooses to exercise the option. On October 17, 2012, Zipcar announced the completion of its Avancar integration. On January 22, 2019 Zipcar (Avancar) members received notification that the service would no longer be available as of midnight, February 28, 2019. On Facebook and Instagram, the company cited a decision made by Avis to discontinue the service in the Spanish city. Since 2014, Zipcar has started services in cities in North America, Europe, and Asia. Insurance Zipcar provides liability coverage of $100,000 bodily injury per person, $300,000 bodily injury maximum, and $25,000 property damage per accident for members over 21 years of age who joined after March 1, 2015. Members at fault are responsible for the first $1,000 of costs related to the repair, recovery, and loss of use of any Zipcar vehicle. However, members can purchase no-liability insurance for an additional $79 a year. Members involved in accidents where fault is not determined (such as in a hit and run) must pay the first $1000 of these costs. For members under 21, Zipcar provides insurance coverage at state-mandated levels. Zipcar has received some scrutiny for their low coverage limits. Insurance coverage may vary depending on the region of use. For example, Canadian members in Toronto, Ontario, are provided with $1 million in liability coverage. Vancouver, BC members are provided with $2 million in liability coverage. Both regions in Canada also include comprehensive and collision coverage in addition to liability insurance. Previously, Zipcars traveling into Canada from the U.S. required members to obtain a special insurance card from Zipcar. As of February 2018, however, it appears that this is no longer the policy. Canadian Zipcars traveling into the U.S. do not need the extra insurance card. Similar to members of Zipcar U.S., members of Zipcar London, UK, require a special 'vehicle on-hire' certificate when traveling abroad, which can be obtained from Zipcar. See also Access economy Plug-in hybrids in California RelayRides References External links