Trov Launches On-Demand Insurance Platform in Four More States

Residents of Nevada, Delaware, South Dakota, and Wyoming will now be able to secure on-demand insurance for items such as laptops, cell phones or guitars.

(Image source: Trov.)

Trov, the Danville, Calif.-based online platform designed to let consumers insure single items, announced this morning that it is launching its on-demand insurance platform in four more U.S. states. Residents of Nevada, Delaware, South Dakota, and Wyoming will now be able to secure on-demand insurance for items such as laptops, cell phones or guitars. Trov announced the launch of its platform for Arizona in July 2018.

Trov launched in the United Kingdom and Australia in 2016 and has obtained regulatory approval for all U.S. states except Maine, New Hampshire, South Carolina, Florida, North Dakota, Kansas and Washington.

Trov users are able to turn coverage on or off anytime with a swipe in the company’s mobile app, enabling them to pay only for the coverage they need. Trov’s Smart Premiums adjust each month based on the market value of the item as time goes on.

Trōv Begins U.S. Roll Out of On-Demand Insurance

Anthony R. O’Donnell // Anthony O'Donnell is Executive Editor of Insurance Innovation Reporter. For nearly two decades, he has been an observer and commentator on the use of information technology in the insurance industry, following industry trends and writing about the use of IT across all sectors of the insurance industry. He can be reached at [email protected] or (503) 936-2803.

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