Peer-to-peer car insurance – do you want to cover your neighbor?

Posted by TimurBidzhiev on Monday March 16, 2020 @11:05PM
from the self-post dept.

Hey guys, I'm paying $182/m for my new car insurance. What about you? The main question is, would you choose P2P car insurance with up to 60% cash back? Right now, the market is over-regulated, but what if there was an option to be protected by your neighbors instead of a middle man?

( 3 comments | on HN )

Re:Peer-to-peer car insurance – do you want to cover your ne... by bradknowles on Tuesday March 17, 2020 @01:50AM (#22602110)

It’s called “Mutual Insurance”. It’s been around for many years. E.g., Mutual of Omaha.

[ Parent | on HN ]

Re:Peer-to-peer car insurance – do you want to cover your ne... by kuiper0x2 on Monday March 16, 2020 @11:31PM (#22601340)

How do you deal with fraud?

[ Parent | on HN ]

Re:Peer-to-peer car insurance – do you want to cover your ne... by TimurBidzhiev on Monday March 16, 2020 @11:46PM (#22601443)

We can start with new cars.

[ Parent | on HN ]