In our home state of Florida property insurance rates have skyrocketed 300%+ in the last 5 years, while even so insurance companies are still losing billions and are forced to leave the state. Neither party is winning. Why? We realized that the #1 cause wasn’t hurricane risk, home values rising, it is actually property insurance fraud. Because of the outdated methodologies and lack of frequency of home inspections, homeowners are able to claim existing wear and tear as part of storms that encompass their area. Insurance companies have no data and bear the burden to disprove that the damage wasn’t from the storm. This is the root of the problem. A $45 billion dollar problem....Introducing Drodat, we are a team of 3 co-founders and lifelong friends on a mission to solve this crisis by building the largest pre-existing database of property conditions in the United States, starting in the insurance fraud capital of the country. How? We have developed an autonomous drone flight system, combined with Blockchain technology and A.I to acquire, organize and source data to insurance companies. Compliant with FAA laws we are able to acquire the highest quality aerial data solely focused on roofs, where most claims and damage stems from, with an non-replicable approach. This provides evidence needed to disprove false claims, enhance yearly underwriting assistance, and save insurance companies billions of dollars. We have successfully acquired half of our target raise in a short timeframe, have already begun data collection, are adding 3 more veterans in the industry to our team, and are looking for a few more knowledgeable and experienced investors to become apart of the journey to solving Florida’s number #1 crisis. Join us as we usher in a new era of accuracy and fairness.
- Noah Plitt
Co-founder
[email protected]