Spot Launches Subscription Injury Insurance

Affordable and Easy-to-Access Injury Coverage Eliminates Deductible Pain

​Insurtech startup Spot has launched affordable and easy subscription-model injury coverage, providing coverage for out-of-pocket expenses, including insurance deductibles. Starting at just $20 a month, the plan covers up to $20,000 in out-of-pocket medical expenses associated with an injury and $50,000 for accidental death and dismemberment. Signing up takes under 90 seconds online and only requires a birthdate and home address.

Spot CEO Matt Randall and insurance-industry veteran Maria Miller had a specific vision in mind when creating Spot.

“When Maria and I set out to create Spot, we kept coming back to this idea, ‘What would it look like if Red Bull and GoPro created an insurance company?’ Our goal was to create a company that reimagined the customer experience while, at the same time, providing insurance coverage that we believe people need most,” said Randall. “No longer do you have to sift through paperwork or underwriting questions. That's why we're the first company to create an injury insurance subscription that covers thousands of activities from the first-time mountain bike ride to climbing Mount Everest. In less than 90 seconds, you can get coverage and go live more than a little without the worry of debilitating medical costs."

Spot partnered with world-class athletes to develop this product for all-level athletes, including climbers Adrian Ballinger, Matt Segal, and Savannah Cummins, surfers Anthony and Crystal Walsh, moto and supercross champion Jason Anderson, and mountain biker and videographer Joey Schusler. 

Spot is live now and available to the residents of 17 states including Texas, Alabama, Arizona, Arkansas, Florida, Georgia, Illinois, Indiana, Michigan, Mississippi, Nevada, New Mexico, North Carolina, Oklahoma, South Carolina, Wisconsin, and Louisiana. Spot is working to expand to more states by the end of the year, but subscribers are covered, no matter where their injuries occur, worldwide.


Founded in 2017, Life by Spot is an ambitious startup entering the insurance industry by opening an entirely new channel of distribution and targeting those living an active and adventurous lifestyle. Spot makes it possible for people to purchase short-term, month-to-month policies, at an approachable price through a simple platform. Led by a team of insurance veterans and experienced tech entrepreneurs, Austin, Texas-based Spot allows policyholders to get out and live more than a little. 

Contact: Janette Sherman


Source: Spot