Instacover

Point-of-sale insurance technology for commercial equipment dealers, leasing companies, and financial institutions.

Distribution & Sales Established Acquired

Overview

Instacover is an insurance agency and technology company that specializes in point-of-sale insurance solutions for commercial equipment, healthcare, rental, and financed asset markets. Founded in 2005 in Kirkland, WA, the company pioneered the use of technology to deliver fast, competitive insurance at the point of a commercial transaction, enabling dealers and lenders to offer coverage without requiring insurance expertise.

The company operates a proprietary Quote and Insure (iQ&I) platform -- a cloud-based, real-time quoting and binding system that integrates with dealer and financial management systems. The platform supports multiple product lines including financed equipment, vehicle protection, medical equipment, and rental waivers, all designed for commercial clients requiring rapid coverage at the point of sale.

In November 2022, Instacover was acquired by One80 Intermediaries, a specialty insurance broker headquartered in Boston. Operating as a division of One80, Instacover continues to expand its product offerings -- including a new trucking insurance product launched in April 2025 -- serving equipment dealers, leasing companies, healthcare providers, and financial institutions across North America.

Products & Services

Quote and Insure (iQ&I) Platform

A cloud-based, real-time quoting and binding platform that enables dealers, leasing brokers, manufacturers, and financial institutions to offer multi-peril insurance coverage at the point of a commercial transaction. No insurance expertise is required on the part of the dealer or lender.

Key Features

Real-time quoting and binding of multi-peril coverage
Integrations with dealer and financial management systems (including Leasepath)
Supports multiple product lines across equipment, vehicle, medical, and rental markets

Target Users: Equipment dealers, leasing companies, financial institutions, manufacturers

Financed Equipment Insurance

Coverage for equipment financed through leasing companies, financial institutions, and manufacturers, binding at the point of financing.

Titled Vehicle Protection Program

Vehicle protection coverage integrated at the point of financing for titled assets.

Medical and Digital Radiography Equipment Insurance

Specialized multi-peril coverage for healthcare equipment providers and medical device dealers, including digital radiography equipment.

Digital Radiography Warranty and Service Contracts

Warranty and service contract programs for digital imaging equipment sold through dealers and healthcare providers.

Rental Waivers

Insurance waiver programs for equipment rental transactions.

Non-Financed and Owned Equipment Insurance

Coverage for commercial equipment that is owned outright or not subject to financing.

Trucking Insurance

Launched April 2025, this product is designed for funders and brokers to provide seamless insurance solutions at the time of financing for trucking operations.