Clearcover Insurance Company reports Q1 2026 results

Clearcover Insurance Company, the carrier subsidiary of car insurance startup Clearcover, has released its Q1 2026 results, ending the period with $29 million in written premiums, a decrease of 10% compared to the same period last year.

The carrier reported a net underwriting loss of $740k during the quarter, compared to a $1.5 million loss in the same period last year.

Combined ratio improved six percentage points YoY to 106%.

Clearcover redomesticated its two risk-bearing entities – Clearcover Insurance Company and the Clearcover Inter-Insurance Exchange from Illinois to Ohio effective April 6, 2026.

Clearcover closed its most recent fundraising in October 2025 and plans to continue its fundraising efforts into 2026.