Now available in QLD, NSW & VIC

Bushfire hits. You get paid. Automatically.

No claims process. No assessor visits. No waiting. CoverNow uses weather and satellite data to trigger instant payouts when disaster strikes your area.

Check Your Risk Zone See How It Works
48hrs
Avg payout time
$0
Claims paperwork
93%
Payout rate
covernow_risk_monitor.au
Bushfire $15K
Flood $20K
Cyclone $25K
Bushfire Zone
Flood Zone
Cyclone Zone
✓ PAYOUT TRIGGERED Lismore NSW — Flood event — $18,500 sent to 342 policyholders
The Problem
Traditional insurance fails when you need it most
After a natural disaster, the last thing you need is a months-long claims battle with your insurer.
⏱
6+ months

Claims take forever

Average claim settlement after the 2022 floods took over 6 months. Many families waited more than a year for payouts they desperately needed.

❌
28%

Claims denied outright

Over a quarter of natural disaster claims are partially or fully denied. Fine print exclusions leave homeowners exposed when they thought they were covered.

📈
$2,400/yr

Premiums skyrocketing

Northern Australia home insurance premiums have tripled in 10 years. One in seven households in high-risk areas have no insurance at all.

How It Works
Three steps. No claims form.
Parametric insurance pays out based on the event itself, not damage assessment. If the trigger is met, you get paid.
1

Enter your address

We calculate your risk profile using BOM data, satellite imagery, and historical disaster records for your exact location.

BOM Data Satellite Risk Score
2

Choose your coverage

Pick flood, bushfire, cyclone, or combined. Set your payout amount. See your premium instantly. No hidden fees or excess.

Flood Bushfire Cyclone
3

Get paid automatically

When weather data confirms a covered event in your zone, your payout is triggered automatically. Funds hit your account within 48 hours.

Auto-trigger 48hr payout
Features
Insurance that actually works for Australians
Built specifically for Australia's unique climate risks. Regulated by APRA.
🌑

Satellite-verified triggers

We use BOM weather stations, satellite flood maps, and bushfire hotspot data. No adjuster needed. The data speaks for itself.

⚡

48-hour payouts

Once a trigger is confirmed, funds are sent directly to your bank account. Use the money for anything — no receipts required.

📍

Hyper-local risk scoring

Your premium is based on your exact address, not your postcode. Accurate pricing means you never overpay for someone else's risk.

🔒

No excess, no fine print

Transparent policy wording. No surprise exclusions. No excess to pay on claims. What you see is what you get.

📱

Real-time risk dashboard

Monitor approaching weather events, see your trigger thresholds, and get early warnings before disaster strikes.

🏠

Stacks with your existing cover

CoverNow complements your regular home insurance. Use the instant payout for immediate needs while your main claim is processed.

Trusted by Australians
Protecting communities in every state
Bureau of Meteorology APRA Regulated AFCA Member CSIRO Data
★★★★★

"After the 2024 floods, our traditional insurer took 8 months. CoverNow paid us $15,000 in two days. We used it for emergency accommodation and food."

Sarah M. — Lismore, NSW
★★★★★

"Living in a bushfire zone, no insurer would cover us under $4,000/year. CoverNow gives us $50K bushfire cover for $25/month. Game changer."

James & Lin T. — Blue Mountains, NSW
★★★★★

"The transparency is incredible. I can see exactly what weather conditions trigger my payout. No ambiguity, no arguments with an insurer."

Priya K. — Townsville, QLD
Pricing
Simple, transparent pricing
No excess. No hidden fees. Cancel anytime.
Flood Cover
$15/mo
Essential flood protection with automatic payouts when river levels exceed your trigger threshold.
  • Up to $20,000 payout
  • BOM river gauge triggers
  • 48-hour payout guarantee
  • Real-time flood monitoring
  • No excess
Get Flood Cover
Combined Cover
$35/mo
Complete climate protection. Flood, bushfire, and cyclone coverage in one plan.
  • Up to $50,000 payout
  • All three peril types
  • Priority 24-hour payouts
  • Early warning alerts
  • Risk reduction coaching
  • Family member add-ons
Get Combined Cover
Bushfire Cover
$25/mo
Satellite-verified bushfire protection. Pays out when hotspot data confirms fire in your zone.
  • Up to $30,000 payout
  • NASA FIRMS satellite triggers
  • 48-hour payout guarantee
  • Bushfire season alerts
  • No excess
Get Bushfire Cover
FAQ
Common questions
Unlike traditional insurance that pays based on assessed damage, parametric insurance pays out automatically when predefined conditions are met (e.g., river level exceeds X metres, bushfire hotspot detected within Y km). No claims process needed.
Yes. CoverNow is authorised by APRA and is a member of AFCA (Australian Financial Complaints Authority). Your policy is a genuine insurance product backed by global reinsurers.
No. CoverNow is designed to complement your existing home and contents insurance. It provides fast emergency cash while your traditional claim is being processed. Many customers use both.
We use official BOM weather station data, NASA FIRMS satellite hotspot data, and river gauge readings. Each policy has a clearly defined trigger threshold. You can see your exact triggers in the app at any time.
Yes. Month-to-month plans can be cancelled at any time. Annual plans can be cancelled with a pro-rata refund. No lock-in contracts, no exit fees.

Check your risk zone

Enter your details and we'll show your personalised risk score and coverage options.

No credit card required. We'll email your personalised risk report within 24 hours.