Millions of Americans are being offered insurance plans for everything from electronics items to home, health and life. How should the consumer think about these contracts? As a finalist in the prestigious FinCapDev competition [http://www.fincapdev.com/meet-the-innovators-smart-insurance/], SimInsights has developed a mobile app that uses economic utility models to help consumers make smart insurance decisions. What is unique about this app is that the recommendation is personalized to your unique circumstances. In addition, Smart Insurance helps you track your insurance decisions (whether you buy or not, etc.) and organize them in a personal risk dashboard. You can record the accidents you had and see how much money you have lost or saved by insuring or not insuring over time. Our goal is to help you make smarter insurance decisions.
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