Goodcover Blog
Ryan E. Moorhart • 29 Sep 2021 • 5 min read
Explained: The difference between Additional Interest and Named Insured, and what you need to know.
Insurance industry terms can be confusing. It also doesn’t help when the words are so similar. Don’t take it personally. Even landlords can confuse the terms and end up asking their tenants for the wrong information. Leading our support team, I see various types of questions and confusion around insurance, and it's our duty to help bring clarity. Among the most common mixups we come across are members asking to include their landlord or property management company in their policy as a named in
Christopher Lotz • 10 Jun 2021 • 6 min read
How it Works: The Regulation of Insurance Companies, aka How Goodcover Offers Lower Prices
The regulation of insurance companies is vital for consumer protection. Read on to learn about how it works and how Goodcover can offer low prices
Christopher Lotz • 12 Feb 2021 • 3 min read
Goodcover 1st Anniversary Highlights
One year ago we launched our modern renters insurance offering to all Californians. Here’s a recap of an uneventful... scratch that, historic year...
Christopher Lotz • 29 Oct 2020 • 3 min read
Goodcover's Series A Funding: Accelerating Affordable Renters Insurance Offering in California and Beyond
At Goodcover, our mission is to elevate financial peace of mind with affordable and effective insurance for all. We launched earlier this year with our first product, modern renters insurance. Today we’re announcing funding that will accelerate delivering on that mission. Our $7.5M Series A financing is led by Goodwater Capital, with participation from Fuel Capital, Broadhaven Ventures, Global Founders Capital, Liquid 2, and TransRe. We’re especially thrilled to collaborate with the team at Goo
Christopher Lotz • 21 Sep 2020 • 2 min read
Goodcover Member Dividend 2020
Members get a dividend this year of 1.89%. Goodcover is modeled after a cooperative where members premiums are pooled together to cover claims. Any unused portion is returned to them as an annual dividend.
Team Goodcover • 31 Aug 2020 • 2 min read
Evictions & Rent Relief: resources for renters during COVID-19
This pandemic has impacted everyone, but unlike for homeowners, the help available for renters has been limited and scattered. To help tenants find information during this time, we’ve created a resource page for renters [https://www.goodcover.com/rent-relief-resources/california/] to help them find organizations supporting renters and their rights. Most frequent questions are coming around evictions, a last resort dispute between a landlord and a tenant that can lead to dire circumstances. To
Christopher Lotz • 6 Aug 2020 • 6 min read
Is insurance more expensive in Black neighborhoods?
Black neighborhoods pay 20% more in renters insurance. With the recent Black Lives Matter protests much of society has been re-examining explicit and implicit sources of discrimination against Black people in America. What are the conscious and unconscious ways our society and economy harm Black citizens? Housing and its associated cost has historically played a critical role in institutionalizing racism and segregation. Even insurance companies have historically discriminated against Black pe
Christopher Lotz • 12 May 2020 • 5 min read
Coronavirus and Crime – what the COVID is happening in SF?
Coronavirus and crime trends, a look at the impact COVID19 and stay-at-home order is having in San Francisco.
Dan Di Spaltro • 17 Apr 2020 • 2 min read
Why is Renter's Insurance Required by some Landlords?
Landlords have begun requiring tenants to buy renter's insurance, we go into the details on the rationale behind that. They are after one specific protection...
Team Goodcover • 31 Mar 2020 • 5 min read
Displaced by a crisis like COVID-19? What to know about your renters insurance coverage.
If you’ve had to move because of the COVID-19 crisis, you might be asking the status of your insurance: is my stuff still covered? Do I need to update my insurer? Is my insurance going to get cancelled? We’ve been fielding these questions from our Members as colleges and universities have shut campuses, people have moved home to be with family, and some such as nurses and EMTs have temporarily moved to be closer to their life-saving work. (PS If you are a medical responder, we’d love to pay the
Christopher Lotz • 27 Mar 2020 • 3 min read
COVID-19: Free Renters Insurance for Medical Responders
Goodcover is offering Nurses, Doctors, and other medical responders free renters insurance for the rest of 2020.
Christopher Lotz • 24 Mar 2020 • 3 min read
Goodcover & COVID-19: Full Service and Flexible Deadlines
Firstly, I hope you and your family are safe and healthy, and staying home as much as possible. To our Members and community, here’s how we’re serving you during this time: * Goodcover remains open and operational during the COVID-19 crisis. * Claims management and support remains unaffected. * We have implemented a 60 day grace period on overdue premium payments. * We have extended our deadlines for providing various documentation, appraisals, and valuations. Goodcover remains open Acc
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