New Insurance Startups Use Advanced Tech to Redefine Risk Assessment
Traditional home insurance companies like State Farm, Allstate, and Farmers are pulling back coverage due to wildfire risks. In contrast, new startups such as Kettle, Delos, and Kin use satellite imagery, lidar, and AI for more accurate risk assessments at the house level rather than relying on outdated zip code models.
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Topics: AI risk modeling Home insurance Regulation Startups Wildfires