from Hacker News

Cover (YC W16) Helps You Insure Anything with the Snap of a Photo

by kevin on 3/15/16, 3:13 PM with 20 comments

  • by Smudge on 3/15/16, 6:01 PM

    I used to share office space with a different Cover (paywithcover.com), and they were occasionally confused for any one of several other Cover brands (coverscreen.com, madewithcover.com, readcover.com, etc). Seems like the "Cover" space is a little tricky for that reason.

  • by ksar on 3/15/16, 3:44 PM

    We’re working on a property and casualty insurance product built from first principles on mobile for millennials. Our product takes in a picture of property you want to insure, and connects you with a network of brokerages across the US & Canada to fulfill the requests. Soon we’ll be binding insurance ourselves.

    Depending on the geography, 80-90% of all insurance transactions end up getting bound over the phone, it only makes sense that they start there.

    Happy to take any questions. Thanks y’all!

  • by codingdave on 3/15/16, 8:14 PM

    Sounds good if I did not already have insurance. But I do have insurance. Multiple policies, some of which are practically free after the multi-policy discounts you get when working with a single broker. And my broker is local, easy to deal with, will drop by if I need him.

    I do like the ease of adding a new big ticket item via mobile, but I don't need the middleman, and don't want competing offers from a network of brokers.

    Maybe I'm just not the target market. But I suspect there are more people like me who would get a better deal with my current broker vs. a new policy on a single item with a new broker.

  • by h1srf on 3/15/16, 9:45 PM

    > Cover connects you with an insurance brokerage in your area best suited to insuring that piece of property.

    I want to send you a picture, you quote me a price and I pay. If I have to talk to someone else, you've totally lost my interest - I can go talk to an insurance broker myself.

    Side question: How many penis pictures have you gotten?

  • by mathattack on 3/15/16, 7:23 PM

    Great idea. Using mobile to reduce friction and risk will dramatically grow the insurance market.