Coverage Cat offers umbrella insurance estimates through ChatGPT

Coverage Cat has introduced a ChatGPT app that lets users compare preliminary umbrella insurance estimates, continue applications and access policy information.

The app generates estimates using state, coverage limits, exposure counts and aggregate household information. Users can connect their Coverage Cat accounts to check application status and view policy details and document links.

After selecting an estimate, applicants move to Coverage Cat’s website to provide identity details, underwriting answers and declarations, and enter payment information securely. Final prices may change during underwriting.

Human verification and review of the application, underlying coverage and final terms are required before customers are charged. Selecting an estimate or saving a payment method does not confirm coverage, and ChatGPT cannot approve the application.

Users can check for updates through the app, while Coverage Cat also sends policy confirmation by email.