I'm probably your target audience - I have umbrella insurance - but I just grabbed it through my existing GEICO/travelers insurance and it was basically painless. It isn't so expensive I felt compelled to shop massively for it and nothing I read above convinced me I'm wrong there?
If you're happy with it, then great, no issue! I think Coverage Cat excels for people that want to get quotes from more than just a single option, have underwriting details that make it so an umbrella policy isn't dirt cheap, and would rather not talk to a salesperson on the phone. But if that isn't you, that's just fine!
Perhaps I'm not making myself clear: There might be reasons I _shouldn't_ be happy with it! Maybe I'm overpaying, maybe I'm missing out on subtleties of one insurer vs another, etc. And I mean, hello, I'm posting here, of _course_ i'd rather not talk to a salesperson on the phone.
Your post actually inspired me to go raise the amount of my coverage. I was paying attention. It triggered some thinking. It even triggered action. But maybe I wasn't paying attention to the part you wished I was.
Coverage Cat actually gets a lot of GEICO customers, because it's pretty often the case you'll find better prices unbundled than bundled. That's not true for everyone of course, but it's true for most folks — a different way of thinking about it is, "Even after a small bundle discount, what's the likelihood the single bundling option is the cheapest" and the answer is that often it isn't.
Just to give you some sense of this, someone with identical underwriting details can often see $1000+ price differences between carriers. So a 10% bundle discount begins to fade compared to something like that.
I’d recommend distilling that down because I stopped reading before figuring out what your product does. And if I did that, then you can bet others did too.
I do wish you the best of luck with your business though.
Yeah this reasonable sounding explanation is all the way at the bottom strangely:
> Coverage Cat is a licensed insurance brokerage that helps you compare home, umbrella, auto, and renters coverage side by side — with straight pricing, no sold leads, and a real broker on the other end.
> Ask a question or start a comparison. Coverage Cat pairs AI-guided intake with a licensed brokerage team, so you can size up coverage, see honest price ranges, and compare real carrier options without handing your details to five agents overnight. Developers can drive the same flow through the Agent API.
I'm probably your target audience - I have umbrella insurance - but I just grabbed it through my existing GEICO/travelers insurance and it was basically painless. It isn't so expensive I felt compelled to shop massively for it and nothing I read above convinced me I'm wrong there?
If you're happy with it, then great, no issue! I think Coverage Cat excels for people that want to get quotes from more than just a single option, have underwriting details that make it so an umbrella policy isn't dirt cheap, and would rather not talk to a salesperson on the phone. But if that isn't you, that's just fine!
Perhaps I'm not making myself clear: There might be reasons I _shouldn't_ be happy with it! Maybe I'm overpaying, maybe I'm missing out on subtleties of one insurer vs another, etc. And I mean, hello, I'm posting here, of _course_ i'd rather not talk to a salesperson on the phone.
Your post actually inspired me to go raise the amount of my coverage. I was paying attention. It triggered some thinking. It even triggered action. But maybe I wasn't paying attention to the part you wished I was.
Do you take into account that if you know Berkshire Hathaway you can get an extra discount on GEICO, Home, and Umbrella insurance?
Coverage Cat actually gets a lot of GEICO customers, because it's pretty often the case you'll find better prices unbundled than bundled. That's not true for everyone of course, but it's true for most folks — a different way of thinking about it is, "Even after a small bundle discount, what's the likelihood the single bundling option is the cheapest" and the answer is that often it isn't.
Just to give you some sense of this, someone with identical underwriting details can often see $1000+ price differences between carriers. So a 10% bundle discount begins to fade compared to something like that.
GP meant "own" where they stated "know". Berkshire shareholders get a discount on Berkshire's insurance.
That’s a very lengthy introduction.
I’d recommend distilling that down because I stopped reading before figuring out what your product does. And if I did that, then you can bet others did too.
I do wish you the best of luck with your business though.
Thank you for the feedback, let's see if they'll let us edit it down a bit.
Yeah this reasonable sounding explanation is all the way at the bottom strangely:
> Coverage Cat is a licensed insurance brokerage that helps you compare home, umbrella, auto, and renters coverage side by side — with straight pricing, no sold leads, and a real broker on the other end.
> Ask a question or start a comparison. Coverage Cat pairs AI-guided intake with a licensed brokerage team, so you can size up coverage, see honest price ranges, and compare real carrier options without handing your details to five agents overnight. Developers can drive the same flow through the Agent API.
https://en.wikipedia.org/wiki/BLUF_(communication)
lol