Thinking about getting insurance of any kind mostly feels overwhelming and intimidating: there are loads of options in the market and it’s hard to choose. Today’s guest, Chris Lotz, shines a light into the insurance world and how necessary this service is. Chris is the CEO of Goodcover, an insurance company which is different from the rest because it offers a digital experience and offers a renters policy that is 50% less expensive than what others charge.

Highlights

• Chris describes why his insurance company, Goodcover, is different from the rest and how protecting each other is the founding goal of the company.
• The importance of understanding the  insurance industry as the safety net of the global economy.
• Due to the heavy paperwork and high prices that most insurance companies demand for getting the service, most people have a negative perspective of it. 
• Chris Lotz gives some advice for those who are getting insurance for the first time and points out how to go about the whole process. 
• Digital insurance companies offer a good coverage for a great price and almost no paperwork, this is why they appear to be a better option than traditional companies. 
• When starting a new company from scratch, Chris realized the hard way that it is necessary to follow a path of willingness and patience in order to succeed.

To learn more about Chris Lotz, go visit his company’s website.