Peer-to-peer car insurance – do you want to cover your neighbor?

[teembeet]

Hey guys, I'm paying $182/m for my new car insurance. What about you? The main question is, would you choose P2P car insurance with up to 60% cash back? Right now, the market is over-regulated, but what if there was an option to be protected by your neighbors instead of a middle man?

[bradknowles]

It’s called “Mutual Insurance”. It’s been around for many years. E.g., Mutual of Omaha.

[kuiper0x2]

How do you deal with fraud?

[teembeet]

We can start with new cars.