Goodcover (YC Summer 2017)

TL;DR: Goodcover is a Y Combinator Summer 2017 startup Digital Co-op Renters Insurance = half the price, better coverage., currently active with a team of 1.

Digital Co-op Renters Insurance = half the price, better coverage.

YC ID
1690
YC Batch
Summer 2017
Status
Active
Team size
1
Industry
Fintech, Insurance
Tags
Fintech, Insurance
YC profile
https://www.ycombinator.com/companies/goodcover

Last verified:

Goodcover provides its Members with Good Renters Insurance for 50% less than legacy companies and an Annual Dividend of the money left over after claims obligations are met. Goodcover is a Managing General Agent (MGA) that administers personal insurance on behalf of our Membership, a bit like how USAA does it. Member's premiums are pooled and used to pay claims. We take a fixed fee, and the remainder is returned in our Annual Member Dividend. We work with multi-billion dollar capital partners to ensure regulations are followed, adequate claims capital is always available, and we have emergency capacity for catastrophes. Technology allows us to eliminate waste, saving roughly 25% of the cost. We are 100% digital, but not bots - we invest in tech that enables our experts to help Members. As…

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Frequently asked questions

Is Goodcover a YC (Y Combinator) company?

Yes. Goodcover was funded by Y Combinator in the Summer 2017 batch. Digital Co-op Renters Insurance = half the price, better coverage.

What does Goodcover do?

Goodcover provides its Members with Good Renters Insurance for 50% less than legacy companies and an Annual Dividend of the money left over after claims obligations are met. Goodcover is a Managing General Agent (MGA) that administers personal insurance on behalf of our Membership, a bit like how USAA does it. Member'…

What YC batch was Goodcover in?

Goodcover was part of Y Combinator's Summer 2017 batch.

How big is Goodcover?

Goodcover has a team of 1 people according to Y Combinator's directory.

Is Goodcover still active?

Goodcover is currently listed as Active with a team of 1 in Y Combinator's directory.

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