User:Np3 1997/sandbox
DeductSure
[edit] | |
| Company type | Deductible Payment & Reimbursement Company |
|---|---|
| Founder | Jorge Carranco |
| Headquarters | Kingwood, Texas |
| Services | DeductSure offers a membership plan. The membership will cover the client’s deductible when a loss occurs. |
| Website | https://www.deductsure.com |
Deductible Payment and Reimbursement Company
[edit]DeductSure
[edit]DeductSure is the nation’s FIRST deductible payment & reimbursement company founded to create peace of mind in the unfortunate event of an car accident.
Business Model
[edit]DeductSure is a membership-based auto deductible payment company founded in 2022 by Jorge Carranco. It is headquartered in Kingwood, Texas. DeductSure aims to provide an innovative solution for paying insurance deductibles. As the nation's first deductible payment and reimbursement company, it offers a membership service that covers the upfront cost of insurance deductibles for its members. The company's business model involves paying the deductible amount on behalf of its members when they file an auto insurance claim. By covering this cost, DeductSure aims to alleviate the financial burden on its members during already stressful situations.
Services
[edit]The primary service offered by DeductSure is the payment and reimbursement of insurance deductibles for its members. While the company initially focuses on auto insurance deductibles, it plans to expand to other types of insurance in the future.
Company Mission
[edit]DeductSure's mission is to help people navigate the complexities of auto insurance while providing financial protection. The company aims to become a trusted name in the insurance industry by offering a unique service that addresses a common pain point for insurance policyholders.
Founders
[edit]Jorge Carranco, Founder & CEO of DeductSure is passionate about helping people understand and manage their auto insurance more effectively. Their goal in creating DeductSure was to provide a better way for individuals to protect both their vehicles and their financial well-being.
Market Position
[edit]DeductSure positions itself as an innovative solution in the auto insurance industry. By focusing solely on deductible payment and reimbursement, the company differentiates itself from traditional auto insurance providers and other financial services companies.
Industry Context
[edit]In the broader insurance landscape, deductibles play a crucial role in risk-sharing between policyholders and insurers. Generally, policies with higher deductibles have lower premiums, as the policyholder assumes more financial responsibility in the event of a claim. DeductSure's service aims to mitigate this trade-off by covering the deductible cost for its members.