Catastrophic events such as hurricanes cause great financial loss to society. People incur significant out of pocket cost, even if they have windstorm insurance.
Our offering is: Immediate claims payments: No lengthy claims process. No adjusters. No hassles. Simple, painless, and transparent! We offer a novel hurricane insurance coverage, at very affordable rates to bring peace of mind to you in time of your most need, following a hurricane.
Aug. 24, 1992 was anything but a typical Monday for Robert Reynolds as he drove through debris-filled roads and devastation on the way to his family-run agency then located just north of Homestead, Fla.
Hurricane Andrew had just barreled through the region, killing 26 people, knocking out power to hundreds of thousands, and destroying more than 25,000 homes and damaging at least 100,000 others.read more...
Hurricane Andrew: The 20 miles that saved Miami.
StormPeace is a recent entry in the parametric homeowners’ insurance space, offering policies that utilize hurricane intensity and mobile technology to determine and alert consumers about claims payments.
These claims payments can be put towards a variety of costs, such as hotel stays post-event and lawn-debris cleanup. read more...
StormPeace policies pay out immediately after ahurricane, bridging the gap between when the damage occurs and when a homeowner’s insurance claim pays out.
Payments are based on three factors—strength of the hurricane, the distance between the insured property and the closest point of the hurricane, and the actual loss to the policyholder.read more...
Our story begins as four guys in a garage with a dream to give back to society, leveraging our professional experience. We found that people undergo financial and emotional turmoil following catastrophes, and we figured, you know, we can actually do something about this problem in society. We then set out with a mission to bring immediate financial relief following catastrophes anywhere in the world, using science and technology. And, at the same time bring compelling information that people are likely to need in such difficult times (such as, closest shelter information).
Our startup exists now only for this reason, to accomplish our mission to help people with immediate cash and information, in time of their highest need.