Goodcover is live in California
Y Combinator-backed Goodcover has launched its renters insurance product in California. The San Francisco-based MGA is operating as a cooperative “conducting business for the mutual benefit of [its] Members.”
Coverage starts at $5 a month and is offered in partnership with Knight Insurance and TransRe.
Get a feel for the flow below.
The company which was launched in 2017 also has a referral program in place; “We don’t waste money on celebrities and TV ads, so we have a simple proposition instead: invite your friends to join Goodcover, and you’ll both earn a month of free insurance.”
Bottom Line: Competing with unicorns.
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