Jumpstart
Parametric insurance for earthquakes.
Overview
Jumpstart is an InsurTech company that offers parametric earthquake insurance to individuals and businesses in California, Oregon, and Washington. Their product is designed to provide a rapid, lump-sum payout after a significant earthquake, helping people to cover immediate expenses without the need for a lengthy claims process. The payout is triggered by the intensity of shaking at the insured's location, as measured by the USGS. Jumpstart aims to make earthquake insurance more accessible and affordable.
✨ Key Features
- Parametric earthquake insurance
- Lump-sum payout after a significant earthquake
- Triggered by USGS shaking intensity data
- No deductible or claims adjustment process
- Available to individuals and businesses
🎯 Key Differentiators
- Parametric model with rapid payouts
- No deductible or claims adjustment
- Simple and easy-to-understand product
Unique Value: Provides individuals and businesses with fast and simple financial relief after an earthquake, helping them to recover more quickly.
🎯 Use Cases (3)
✅ Best For
- Earthquake insurance for residents and businesses in earthquake-prone areas
💡 Check With Vendor
Verify these considerations match your specific requirements:
- Other types of natural disasters besides earthquakes
🏆 Alternatives
Jumpstart offers a more accessible and faster alternative to traditional earthquake insurance, which often has high deductibles and a complex claims process.
💻 Platforms
🛟 Support Options
- ✓ Email Support
- ✓ Phone Support
- ✓ Dedicated Support (NA tier)
🔒 Compliance & Security
💰 Pricing
Free tier: NA
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