Two new startup companies Root and Abra

in #money5 years ago (edited)

I am going to write about two places I came across that I have found to be very affordable and in my opinion new. They are both Android/iOS APP based startups that compared to their competition offer many advantages. You may have heard of them already especially if you are always online. Lets Go

1. Root

They are auto insurance company based out of Ohio. You may have seen ads for them on other apps or online. I have started using their auto insurance and my family has also. Lets get to it. My cost for a year of FULL COVERAGE was $620. THAT IS FULL COVERAGE WITH A $100 DEDUCTIBLE AND RENTAL CAR COVERAGE. It is a extremely good rate. Progressive quoted me at about $550 more per year. With Root if you go with a higher deductible($250/$500) you can lower your yearly cost by about $20 - $40 a year. ALSO state minimum non full coverage insurance with Root was only $304 dollars a year and you can get higher property coverage for free. 

Root also gives you great benefits and service. For the rental car coverage you can have a choice. You can get a rent a car while your car is in the shop OR they will give you 30+ Lyft credits so someone else can drive you around. Not many auto insurance places give you that option. To sign up for Root you have to download their app. Also to get a quote you have to have their app on your phone and drive for two to three weeks before a quote is made. They check your quality of driving during that period and that's what helps get you a low quote. THEY DO NOT CHECK YOUR DRIVING AFTER YOU TAKE THE POLICY. Each year your policy cost can go lower if you stick with them. I would defiantly recommend you check them out. Also until the end of the year if you use my link and get a quote WE BOTH GET $50 JUST FOR YOU GETTING A QUOTE. https://rootbonus.com/AdamJeter?section=appboy  ---- You do not have to buy a policy for the $50, just do the two-three weeks of driving and then they deposit $50 into your bank account(or a check by mail)


2. ABRA

You may have heard of them also. I use to only find Coinbase as the best option for purchasing cryptocurrency.  Coinbase has many disadvantages: Very low bank deposit/credit card limits, percentage fees for buying/selling cryptocurrency, 1-2 week waiting period for bank funds to be available, limited amount of coins offered.

I have found ABRA takes care of everything. Lets start off with the advantages. 

---- Daily bank deposit limit of $2k per day with no fee.  

---- Bank deposits can become available for trade the same day. 

---- They charge no fee for exchanging to cryptocurrency and FIAT currency.  

---- They offer 32 different cryptocurrency's that you can exchange for all fee free and a handful or more of FIAT currencies you can exchange for all held electronically. Also the exchange rates are very fare practically even with what you will see on other exchanges. LOW <1% SPREAD OR NO SPREAD

---- Withdraw to and deposit from other wallets using Bitcoin, Bitcoin Cash and Litecoin. 

I was so happy to find ABRA and I no longer use Coinbase or look around for other options. ABRA gives me everything I need. If you use my link we both get a bonus up $25   https://invite.abra.com/LBDx2bMwyR

This is not primarily for my benefit. I want to see people save money and find great new companies. I use to work for a startup and I loved the company/experience. Its good to support these smaller companies that really have a lot to offer.  AND in the end if we both get some extra cash, why not.

Thanks Everyone!!

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