r/KarmaCoverage

58 archived posts · Mar 2014 – Mar 2019

Crowdfunding Insurance Loopholes & Deductibles

r/KarmaCoverage

Instead of letting an anonymous person hiding inside a big insurance office decide if a loss should be covered, Why Not let your friends decide? When a friend has a loss, they tell the story & we send a Coverage Request to their network. You receive a friend's Coverage Request decide "Thumbs Up or Thumbs Down". When you help with a “Thumbs Up”, $2 from your account will be given to your friend's account. Then KarmaCoverage doubles it, so,it only costs you $2, to help a friend with $4.

Created Mar 21, 2014 · restricted

40Members (last snapshot)

58Archived posts

Follow KarmaCoverage from the Start-Up! If people are willing to help their friends, then there is no reason insurance companies should keep 40% of our premiums. If we can build it we could save Billions on insurance.

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