Cover Genius Insurance

Cover Genius is a global insurance platform that underwrites per-ride micro-insurance for scooter, e-bike, and moped riders. When installed, riders see an opt-in at unlock — a few dollars covers liability and personal injury for that ride. You and Cover Genius share the premium; Levy collects a platform fee.

What riders see

At unlock, the Levy mobile app presents an optional insurance card:

Protect this ride for $0.50 Coverage: $25,000 liability • $1,000 medical • $500 vehicle damage Powered by Cover Genius

[Add coverage] [Skip]

If the rider opts in, the $0.50 is added to the ride total. If they skip, no charge. The decision is per-ride — every ride asks again unless the rider sets a default in their account.

How revenue share works

Cover Genius pricing is revenue share, not flat fee. Approximately:

Exact splits vary by market, claim history, and vehicle class. Your operator share is paid out monthly through Stripe Connect alongside ride payouts.

What's covered

Coverage varies by jurisdiction. A typical US policy includes:

• Liability — up to $25,000 if the rider damages property or injures someone else
• Personal medical — up to $1,000 for rider's own medical expenses from a fall
• Vehicle damage — up to $500 for damage to the rented vehicle
• Theft — coverage if the vehicle is stolen mid-ride (rider not at fault)

EU, UK, and LATAM markets have different default terms — Cover Genius adjusts coverage to local regulatory requirements.

What's not covered

• Riding under the influence
• Riding with a passenger when prohibited
• Pre-existing medical conditions
• Cosmetic damage to clothing or personal items
• Theft when rider left the vehicle unlocked

Setup

You need: a Cover Genius partner account. If you don't have one, request access at https://www.covergenius.com/partners — they will onboard you, set your rev-share percentage, and provide API credentials. This typically takes 1-2 weeks because Cover Genius reviews your jurisdiction, claim history, and fleet size.

Mobile app integration

The Cover Genius opt-in card is rendered by the Levy mobile app using the plugin's responses. No additional mobile config is required — once the plugin is installed and active, riders start seeing the card on their next ride.

For v1, the card appears in the unlock flow only. v4 (UI extension points) will add a richer mid-ride and post-ride upsell.

Claims process

Riders file claims directly with Cover Genius, not with you or Levy:

1. Rider opens their Levy account → Ride history → tap the ride → "File insurance claim"
2. A Cover Genius claim form opens (vendor-hosted)
3. Cover Genius processes the claim (typically 3-5 business days)
4. Approved claims are paid directly to the rider

You won't be involved in claim disputes unless Cover Genius escalates to you for ride-context evidence (e.g., GPS data, vehicle telemetry). Levy passes through the relevant data; you don't need to manage the claim yourself.

Pricing

The plugin install is free. You earn revenue share on every opted-in ride — your share appears as a line item on the Levy partner payout report.

In v1, Levy invoices Cover Genius monthly for the operator share + Levy's platform fee, and pays operators their share through the standard partner payout. In v4, Levy will become the direct policy issuer and bill riders fully through Levy.

Recommended pairings

• Veriff or Persona — KYC pairs naturally with insurance; underwriters want verified riders.
• Captur.ai or SparkPark — parking compliance reduces claim incidents.
• Cover Genius + e-bikes / mopeds — claim frequency justifies the opt-in best on faster vehicles.

What's next

• Veriff and Persona — KYC — verify riders before insuring them
• Plugin billing — how the rev-share flows to your payout