We believe in relationships. We believe in access. We believe in simplicity and transparency. We promise to provide everyone with an affordable product that gets money in your pocket when you need it most.
Traditional disaster insurances have confusing claims-adjustment processes. And payments can take months—or even years—to get into your hands. We know that the faster money gets into the hands of people during crisis, the easier it is to keep living life.
Jumpstart insures you through a parametric approach—which insures policy holders against the occurrence of an earthquake by paying a set amount based on the quake intensity, rather than based on the cost of damage in a traditional earthquake policy.
|Traditional Earthquake Coverage||Parametric Coverage|
|Purpose||Reimburse damaged property||Covers any unexpected expenses|
|Payout||Damages less deductible||A pre-defined lumpsum payout|
|Process||Claim adjusters and paperwork||Automated direct deposit|
|Speed||Weeks to months||Within hours or days|
Lloyd’s is the world’s leading insurance and reinsurance marketplace. They are our financial backers. Click here for information on the financial strength ratings of Lloyd’s.
To ensure payment fairness and transparency, we partner with The United States Geological Survey. USGS is a scientific agency of the United States government and the leading authority on seismic data.