Goodcover | Design, Software Engineers, Insurance | San Francisco or REMOTE | Fulltime
Goodcover is a new insurance provider focused on bringing fairness back to insurance by cutting expenses and building underwriting models that are more in line with the risk we are insuring. We don't pocket the left over claims money at the end of the year, if we have extra we give it back to our members.
Thank you! Probably the most outsized risk is liability, basically if you're sued for something related to the property (had a party and someone broke their leg) your insurance company will defend you up to your liability limit.
Edit:
Also keep in mind our renter's insurance (and most others) covers you wherever you are, so if your laptop is stolen out of a coffee shop, it's covered. Also if there's a fire in your building and your stuff is not damaged but you have to move out, renters insurance covers additional living expenses.
Thanks we worked hard on the pricing! We can pay because 1) regulation demands that we do, aka it's the law. 2) we have capital partners with billions of dollars in claims paying capital.
Also we can cancel your lemonade policy on your behalf, and you'll get a pro-rated refund! The same applies to us if you cancel, too.
This reminds of restaurants throwing out food because the risk of giving it away is too great, but as far as I know no one has ever gotten in trouble because of it.