I don't think it's really the same concept. On Leaky, you type in your information once, and then they show you insurance quotes. Whereas CoverHound just gives me links to insurance companies' websites, and then I have to fill out my information on each of those websites. If I were you guys, I would switch to the Leaky model, because it seems a lot easier for the user to only type in their information once.
The product that cover hound is offering at this moment (as far as I can tell) is practically without use. It just gave me links or phone numbers for 4 companies that sell car insurance in my state. I can get similar results by searching for "Ohio car insurance" and clicking the ads that come up.
What appears to be their full featured future product looks EXTREMELY interesting. It appears that coverhound will almost work like an automated insurance agent, for example, give them your info once, and they'll check rates for you on a regular and recurring basis. THAT product seems extremely valuable to me and would be doing the world a great favor.
Currently, our recommendation engine is the only publicly available product. We're building a platform similar to what Leaky portrays, but it's still in development. Displaying truly accurate and actionable rates is not a simple task.
