Simple earthquake insurancefor everyonehouseholdsbusinessdog walkerscity dwellersnew parentsold parentseveryone
What is Bounce
We provide simplified and affordable earthquake insurance that pays cash upfront within days of being notified of an earthquake by your nearest GeoNet sensor. This provides cover for unanticipated business expenses, personal expenses, lifestyle, and other costs that are unrecoverable from your other insurance arrangements.
We use Peak Ground Velocity (PGV) data from your nearest GeoNet sensor to measure earthquake intensity. You are eligible for a claim payment when the ground shaking hits 20cm/sec. This is broadly equivalent to a high magnitude 5 / low magnitude 6 earthquake.
Why do I need it?
Having cash in the bank during a crisis helps fast track recovery. The full economic costs of recovery after an earthquake often far exceed your insurance payments and the money you need to recover from an earthquake is often a lot more than what you have saved away.
At Bounce, we believe everyone should have easy access to financial resources within days after a large earthquake.
Homeowner and renters.
Covering your additional costs of getting your family back on the road to recovery.
Employee Benefit.
Reducing financial stress and strengthening your wellbeing programme by supporting your employees to recover from a large shake.
Business owner.
Supporting your business continuity and your balance sheet during a crisis with an upfront cash payment.
Here's how it works.
Sign-up for a low monthly price. If an earthquake with a ground shaking of at least 20cm/second hits your location, and your nearest GeoNet sensor activates the policy trigger, you’ll be eligible to receive an upfront cash payment. No complex claims processing, just the Bounce promise.
Proactive claims, no assessors, no delays, no excess, & low hassle.
Traditional insurance is designed to cover significant loss, but Bounce is different. Once and earthquake has triggered the policy, our goal is to provide you with cash-in-a-crisis and cover your immediate financial needs—from childcare to loss of income and unexpected work expenses, and anything in between. We do that by insuring you through a parametric approach. For a low monthly price, you’re covered whenever an earthquake hits your area and triggers our policy. Our Bounce promise is a minimal effort pay-out solution within days of us being notified by GeoNet of an earthquake event in your area.
$10K
Recovery payment for individuals, households, and businesses
$20K
Recovery payment for individuals, households, and businesses
$50K
Recovery payment for businesses