The CrowdCover Tour
Eight scenarios. Real risks. Real coverage. See how CrowdCover protects what matters — for the people most likely to need it.
⚠️ CrowdCover.ai is in active alpha development and not yet operational. Do not use this site for making financial decisions.
Eight scenarios. Real risks. Real coverage. See how CrowdCover protects what matters — for the people most likely to need it.
Login functionality is on its way. Join the waitlist to be notified when it's ready!
Be the first to access market-priced coverage. Early members get 20% off their first hedge.
Thanks for joining. We'll be in touch soon with early access details and your 20% discount code.
Yes. Prediction market payouts are currently taxed as ordinary income. Traditional insurance payouts for property damage aren't. Here's why the math usually still favors CrowdCover anyway — and what we're building toward.
The tax hit only matters in the narrow scenario where traditional insurance would've paid out meaningfully. For catastrophic coverage, deductibles are specifically designed to keep insurers from paying on most losses. If Maria's house only suffers $50K of damage, insurance pays $0 (below her deductible). CrowdCover still pays the full $250K.
We're actively exploring a licensed parametric insurance path — similar to how Jumpstart (acquired by Neptune Flood in 2021) uses USGS earthquake data to trigger tax-advantaged payouts. In that structure, payouts qualify for insurance tax treatment. It's a 12-18 month regulatory path that requires surplus lines licensing and a reinsurance partner.
The difference: Jumpstart caps at $10-20K payouts and covers only earthquakes in 3 states. CrowdCover's prediction-market backing lets us offer much larger payouts across many more perils that traditional reinsurance won't write.
Long-term, the goal is both: broad coverage AND insurance tax treatment.
Not tax advice. Talk to a CPA about your specific situation.
Yes. Same way you could manage your own 401(k) allocation, file your own taxes, put in a private offer on a house, or represent yourself in court. Some people do, most don't — and for the same reasons. Here's what you'd be signing up for:
We're all for the broader adoption of prediction markets. If you find the contracts here and decide to go direct — we're glad we could help.