Peersurance

Inspiration

Natural Disasters, Accidents, Negligence and other such occurences are part of daily life now, and insuring our belongings provides some relief. However, the process for filing a claim, getting it properly evaluated and finally getting a payment can be a long and cumbersome process, especially in the present circumstances. We seek to address the pain point of filing a claim, getting it evaluated and getting fair compensation with PeerSurance

What it does

At it's core, PeerSurance is a smart claims filing and compensation platform. The concept works similar to modern auto insurance at rental companies. Step 1: You take a picture of the item you want to insure, file the amount you want it insured for and once the policy is accepted and active, you are insured. Step 2: A disaster happens, and your insured item is damaged, oh no! Step 3: You take a picture of the damaged item, and file a claim. Step 4: Multiple assesors will evaluate the claim ( the claim is shared) and vote on whether the claim is valid or not. Step 5: Once a threshold (determined by Insurance Policy) of postive votes is reached, the claim is accepted and payout is processed

How I built it

Azure Cloud Storage - Images, Media Azure Serverless Functions - Backend Logic, CRUD operations, Vote and claim processing React Native - frontend - mobile app ReactJS Python MongoDB - database hosted on Azure

Challenges I ran into

Expo problems on frontend Credentials and authentication on Azure

Accomplishments that I'm proud of

we overcame our problems and made a working system!

What I learned

Insurance formulas are not trivial! React Native Expo is very crash prone quality of code produced is inversely proportional to sleep deprivation

What's next for Peersurance

Incorporate Machine Learning Models to evaluate claims based on uploaded before and after images

Domain,com domain

shouldhaveinsuredmy.space