Insurtech, Cover, Now Selling Its Own Auto Policies in Texas

Cover, a mobile-first insurance brokerage, has begun selling its own auto insurance policies in Texas.

The new service — an evolution from the company’s nationally-licensed insurance brokerage — combines a streamlined process for buying policies, using smartphone technology such as camera and location services, with the ability to set fairer rates, the company said.

Now operating as a managing general agent (MGA), Cover is able to offer its own auto policies while also acting as a broker for 30 partner carriers, maximizing the opportunity for drivers to find a better policy with minimum hassle via Cover’s platform.

Cover is an insurance technology company. As a nationally-licensed brokerage and managing general agent (MGA), Cover works with more than 30 insurance companies across the U.S. while also writing its own auto policies in Texas.

Source: Cover

Topics InsurTech Texas Auto Agencies Tech Insurance Wholesale