Clearcover

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Adults in their twenties and thirties are now facing the same financial responsibilities their parents once did as they become homeowners, car owners, and insurance holders. While these financial matters can seem complicated, millennial adults have the added benefit of improved mobile apps to simplify banking, money transfers, and now, auto insurance.

Clearcover Car Insurance offers just that: clear, comprehensive, and affordable auto coverage at a better price than its competitors. “Clear” also describes how easy it is to use Clearcover’s digital platform: everything from purchasing your policy to managing an insurance claim can be done through their user-friendly mobile app.

Clearcover simply designed an app that makes sense to millennials: these days, there’s no need for in-person agents and phone calls when we do pretty much everything from our smartphones. And if you can do something that’s easier and a better value, it doesn’t make sense to pay for a price markup just for an insurance agent.

Mobile apps that allow users to make their own educated financial decisions aren’t so new: Robinhood makes stock market investment simple by allowing you to invest directly in the market through a mobile app. That strategy works for this generation of adults: Robinhood has over 2 million views in Apple’s App Store, and it enjoys a 4.8-star rating. Similarly, Clearcover enjoys 4.7 stars from nearly 1,000 satisfied customers in the Apple App Store. Over and over, user reviews describe Clearcover as “the best insurance ever”, with user Sobhan H. saying, “I am honestly really surprised to see that Clearcover is not the #1



a sign on the side of a building: Image of General Electric (GE) logo on the top of a corporate building with clear blue sky in the background.


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Image of General Electric (GE) logo on the top of a corporate building with clear blue sky in the background.

Is now the time to buy General Electric (NYSE:GE) stock as shares tread water? Not so fast! Shares are down big due to its novel coronavirus headwinds. But, as the pandemic affects its turnaround plan, it’s hard to see a rebound in the cards anytime soon.



a sign on the side of a building: Image of General Electric (GE) logo on the top of a corporate building with clear blue sky in the background.


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Image of General Electric (GE) logo on the top of a corporate building with clear blue sky in the background.

How so? Even before the outbreak, the company faced a laundry-list of problems. Issues from years past snowballed into major hurdles. Granted, it wasn’t like the company was twiddling its thumbs. By bringing on Larry Culp as CEO, the company made a smart and proactive decision.

But, while Culp is a talented CEO, GE has a lot of moving parts. And, said parts need a lot of maintenance. In short, fixing this company, and its disparate operating units, is easier said than done.

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That’s not to say Culp hasn’t made the right moves. His aggressive actions could help make General Electric “lean and mean” down the road. But, for now, everything hinges on the outbreak fading, and things “returning to normal.”

So, what’s the call here? Until the situation changes, there’s not much reason to buy this hard-hit stock.

GE Stock, Pandemic Headwinds and the Turnaround

General Electric was already a basket case before the outbreak. Except for its Healthcare unit, the company’s various units were facing big challenges.

I give GE credit for putting Culp (an outsider) at the helm, rather than a company “lifer.” A change of the guard was more than overdue. Prior management made poor decisions, as seen from