Rockets to our rescue? New insurer uses physics to sell (not drop) home policies

[@TouchingClothProd]

" .... they have $30 million in backing" Sooooo at this point they could rebuild about twelve homes in California?

[@TheGardenMG]

good luck filing a claim.

[@melodystaub9763]

All of the new insure tech start ups have one thing in common that makes their premiums lower, none of them have paid out any claims, yet. When claims rise so will rates.

[@GamerplayerWT]

Non-Admitted insurance carriers is a definite no-go.

[@TVp0904]

When we have a car accident, the insurance company pays and then increases the insurance premium as if they let us pay in installments. But when we don't cause an accident, they take the full amount without any discount.Insurance companies join together to sell insurance to users at very high prices.Buyers will have no choice because they are linked together so the price is the same.

[@plantsplantz2116]

Using risk analysis and risk management skills from launching rockets and spaceships.........to set insurance premiums 😮

[@mtviewuser]

Defeats the purpose of insurance.. If you dont offer to every one and spread the risk. going to end up with empty un sell-able homes in every street. Govt should not subsidize if it is not for common good.

[@smoothoperator1083]

Imagine inventing a skam to skam by physics!!! 😂😂😂😂😂😂😂

[@Proj_Doomsday]

They will cover the few that got dropped but most of you who needs it won't get covered still. This is reality not a Disney ending.

[@tomsawyer4857]

They will use rocket science AI to deny your claims too. 😂

[@tomlastname9163]

in an abundance of caution we will charge you x dollars...sounds fun. Science never makes mistakes.

[@copyprint-fz2hb]

if i was an insurance company i would just say NO to Cali

[@stogashawn4724]

No way it will last not enough Capital to start?

[@droolalot5795]

Insurance..... Equals.... Scam