Clearcover Insurance Company reports Q2 results

Clearcover Insurance Company, the carrier subsidiary of car insurance startup Clearcover, has released its Q2 2025 results, ending the period with $63 million in direct written premiums, a decrease of 18% compared to Q2 2024.

The carrier reported a net underwriting loss of $8.5 million during the first six months of the year, a 51% reduction from the $17.4 million loss in the same period last year.

Combined ratio was 145% for the first half of the year, an improvement of 9 percentage points compared to the same period last year.