Clearcover

The Car Insurance Guide

Overall Personalized Rating: 4.4/5 (Very Good)

Overall Personalized Rating: 4.4/5 (Very Good)

Summary

Clearcover is a new entrant to the insurance game having been started in 2018 by a couple of industry veterans. As other new players have done they are focused on cutting out the spend waste and using technology to service their customers.

Key Benefits

  • Technology focused start-up
  • Does not waste money and can offer competitive rates
  • Customer journey is paramount
  • Partners with an A+ rated re-insurer

Ratings Summary

Ratings Highlights

Overall Rating
Clearcover is focused eliminating spend waste to reduce costs. Currently they operate in CA and IL.
Pricing
Low prices are available because Clearcover doesn't spend on branding and focused on using cutting edge technology.
Handling Claims
Claims can be handled via mobile app, telephone or email. To reduce costs, Clearcover would prefer customers use their app.
Uninsured Drivers
Clearcover will underwrite any type of person.
Young Drivers
Clearcover is new and relatively unknown, their ability to write young drivers is as good as any other firm.
Bundling Auto with Other Insurance Types
Clearcover only offers auto insurance at this time.
Drivers with Tickets/Accidents
Clearcover can provide a rate for bad drivers too.
Premium Driver
Clearcover's focus on price and technology allows them to serve all levels of the market.

Company Background

Clearcover was founded in 2016, launched in California in 2018 and is based in Chicago IL. The founders' goal was to change the cost structure of insurers so that pricing is better for consumers. It recently raised 43 million in venture funding to support growth. Clearcover has roughly 200 employees at this time.

The Car Insurance Guide's Reviews Methodology

The Car Insurance Guide uses a proprietary algorithm to evaluate the car insurance options presented. Factors reviewed and rated include pricing, handling of claims, age of driver, bundling, and driver type. These factors are evaluated and scored to provide an overall score for the carrier as well as being individually assessed to provide a detailed review of the fit of the carrier to the driver. The data comes from research The Car Insurance Guide conducts as an invite-only annual survey and from interviews with car insurance agents. Insights from experts, those whose job it is to understand and recommend the best insurance companies for their clients, is invaluable. Use of The Car Insurance Guide's 2021 reviews by third parties without the express written consent of The Car Insurance Guide is strictly prohibited.