Covara

What is Covara?

Covara is an AI-powered tool designed to help insurance professionals analyze and compare insurance policies quickly and accurately. It transforms complex insurance documents into structured, easy-to-understand reports, saving time and reducing errors. Covara offers features like an AI chat assistant, policy comparison, and branded proposal inserts, making it a valuable tool for insurance agents, brokers, and other professionals who work with insurance policies.

Benefits

Covara offers several key benefits:

• Speed: Automatically surfaces critical details in insurance policies within minutes, saving hours of manual review.
• Accuracy: Reduces errors by providing structured, audit-ready reports.
• Ease of Use: Features an AI chat assistant that evaluates coverage and answers client questions like a human expert.
• Customization: Allows users to brand their reports, making it easy to generate client-ready proposal summaries.
• Transparency: Helps users make informed decisions by providing clear, structured comparisons of policy options.

Use Cases

Covara is particularly useful for insurance agents and brokers who need to:

• Streamline Renewals: Automate the process of checking carrier quotes and building proposals.
• Compare Policies: Evaluate multiple policy options side-by-side to pick the best quote.
• Generate Proposals: Create branded, client-ready proposal summaries quickly and easily.
• Answer Client Questions: Use the AI chat assistant to evaluate coverage and provide expert answers.

Pricing

Covara offers three pricing plans to fit different needs:

• Free: $0.00/month. Includes 10 personal insurance documents/month, 5 standard commercial documents/month, 5 AI chat messages/month, and basic policy genius for personal and standard only.
• Pro: $29.00/month. Includes 20 personal insurance documents/month, 10 standard commercial documents/month, 5 enhanced commercial documents/month, 10 AI chat messages/month, and enhanced policy genius reports for all coverage types.
• Enterprise: Custom pricing. Includes custom document processing, advanced policy comparison, advanced analytics and reporting, up to 25 team members, priority email support, a dedicated account manager, and custom integrations.

Vibes

Covara has been well-received by insurance professionals for its ability to streamline workflows and provide accurate, structured policy reports. Users appreciate the time-saving features and the ease with which they can generate client-ready proposals. The tool's AI chat assistant is also praised for its ability to evaluate coverage and answer client questions like a human expert.

Additional Information

Covara is built specifically for commercial insurance workflows and is designed to bring structure, speed, and trust to every step of the due diligence process. It is a valuable tool for anyone who works with insurance policies, helping them make faster, more confident decisions.