81–89 of 89 posts
goodcover would cost a third of my current premiums for the lowest tier, and half for the highest. i'm going to dig a little deeper and will likely switch!
(i also did some tech consulting early in my career in life insurance underwriting, when mutual firms were all converting to corps)
i was just looking at my renter's insurance with AAA recently and was thinking about canceling because the premiums have steadily creeped up over the last few years (by ~30-40% overall). goodcover would cost a third of my current premiums for the lowest tier, and half for the highest. i'm going to dig a little deeper and will likely switch! (i also did some tech consulting early in my career in life insurance underwr…
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Thanks! Yeah it was always annoying to us that you needed to give away all your personal details before you even found out whether something would be worth it, so we wanted to be different. Glad to hear you like it! On a jobs page, thanks for your interest! We have something up on AngelList right now: https://angel.co/company/goodcover-co/jobs
Alas, I suspect I'm not FP-ish enough for that role, but I appreciate you pointing it out. Good luck with your efforts!
I'm actually curious on this: how broad is the coverage on say computers? This is HN, so would say a home server be covered?
Good question - yes. "Home computers" would cover it. Just be sure to check the limit you're buying and that it's adequate for the amount of equipment you have.
If the server is being used primarily for business purposes, it is not covered.
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ALE for a home vs. renting are conceptually extremely different, sorry. ALE for a home covers the fact that it may take many months to rebuild, particularly after a natural catastrophe. ALE for a rental means how long it takes the renter to find suitable long-term housing somewhere else . If the underlying issue here is that you're in some sort of rent controlled situation, and market rents in your area are way way h…
You are incorrect. A) There's no point in quibbling over what "temporary" or "permanent" means because the definition varies from policy to policy. There is no other source of truth unless it's in a legal statute. B) With respect to the scenario I'm talking about, you are both factually and legally wrong. Again, I know this because I work on property damage lawsuits for a living. If my rent-controlled apartment is da…
Also, since unlike homeowners' the carrier has no way in expediting the rebuilding of the building, I'd be surprised if they are willing to pay for your rent indefinitely until the original building is rebuilt. Perhaps you could win if you took them to court, but it will not be a routine process.
This pricing is way better than other insurers but I just signed up for Lemonade. How do I know you can pay out? Also, the fact that you can give me a quote without an email address is amazing. I’ll sign up but it’ll be a year before you see anything because I just got Lemonade.
I hadn't heard of Lemonade and it is 30% of the price of State Farm for the same coverage levels, and is way more transparent for electronics and cameras. Thank you for mentioning.
In a previous life tried this with a UK car insurance startup. It's a tough world. Glad you have reinsurance already. Good luck! Hope you come to New York
Is it a matter of time before you would move into this sector as well?