Post
Topic
Board Tokens (Altcoins)
Re: [ANN][UMC] Umbrella Coin - Democratized Insurance
by
johngoodmanbtc
on 16/08/2017, 04:18:09 UTC
This whole project could revolutionize the entire insurance industry!

Just last year I purchased a pre-owned vehicle. Due to negligence from the previous owner, oil consumption was a major issue. I brought this issue to the attention of the dealership on multiple occasions, but they chose to ignore the problem.

Then it happened. The car broke down in the middle of a highway. Fortunately, my insurance company covered the cost of the tow to the dealership. They tore down the motor to discover the root cause. It was over 12 hours of work just to tell me they had condemned the motor. The cost of the repair was another $3,000.

The worst part about the entire experience? My insurance waited until all the work was done to tell me that it wouldn't be covered. I was infuriated!!

I really do have faith in this project. Fewer people should experience what I had to go through.