RiskPool
Your laptop, tablet, phone, etc. are worth $
Protect this net worth from damage/theft for
And keep any profits within your p2p community.
Your laptop, tablet, phone, etc. are worth $
Protect this net worth from damage/theft for
And keep any profits within your p2p community.
With insurance right now, your shared amount is used to pay for the risky behavior of people that you would never trust if you met in person. RiskPool allows you to pick who is in your pool so your shared amount will never be used to pay for some stranger.
Typically when you pay your shared amount it is gone forever. With RiskPool this is not the case. Because RiskPool has substantially lower overhead costs than multibillion dollar insurance companies and because your pool is statistically less likely to have a loss, you can recapture much of your shared amount when you exit the pool absent major losses in your pool.
Everyone, across all the pools, will pay some of their money to maintain an "overflow" pool, for any catastrophic losses which exceed the available funds in your pool.
When you file a loss report with other companies it is impossible to receive the exact amount of your losses. Because you already inventoried and valued your stuff, you will get reimbursed the right amount quickly.