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Re:Show HN: Lemonade – the world's first P2P insurance company by rubyfan on Wednesday September 21, 2016 @07:41PM (#12553232)
Insurers are able to offer lower base rates by differentiating customers on many other variables more indicative of risk than a zip code. Property insurance is more than just catastrophe insurance, you're also factoring in your history of claims, personal likelihood of having a claim, replacement and liability costs, etc. It's impossible to segment your quote off of just a zip code.

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