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In addition to standard home insurance coverage, Hippo can cover:įinancial rating: A+ on A.M.
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It also offers a HomeCare Expert program that provides professional service recommendations, via phone, to policyholders who need repairs or maintenance.

If you have a home business or a remote working job, this is certainly something to consider. Hippo’s standard policy includes up to $10,000 in coverage for computers and home office equipment, much higher than most policies include for electronics.
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The company claims customers save an average of $64/year if they install the plain self-monitoring kit - which includes smoke, CO2 and water-leak detectors - and $91/year when opting for the pro monitoring kit, which adds 24/7 monitoring and emergency dispatch services. There are several levels of kit, with escalating arrays of equipment.
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Hippo also provides a smart home discount if you agree to install and use a free smart home monitoring system. Hippo allows customers to complete the quote process entirely online and get a quote in as fast as a minute, and receive a policy in as little as five minutes, the company claims. Why we chose Hippo: Hippo’s use of technology both for customer service and improved home security makes them a top choice for tech-savvy homeowners. Best Discounts: Smart home, three or five years loss-free, recent homebuyer, theft protection devices, getting Hippo through certain qualifying providers, hail resistant roof, HOA, bundling Bundling options: Auto This lack of availability could potentially limit your bundling options depending on where you live.įinancial rating: A- on A.M. In addition to that, not all of its policies are available in those states either - auto insurance, for example, is only available in three states. Lemonade also offers a Standard selection of coverage options, including:Īlthough Lemonade says it plans to expand its operations to more states and other countries, as of right now, Lemonade is only available in 24 states. Then, through its Lemonade Giveback program, it will donate up to 40% of premiums that haven’t been used to pay out claims to a non-profit organization of your choice. Its operations are funded, at least in part, through a flat fee that’s added to the policy’s premium. Lemonade also has unique and appealing approaches to paying for its operations and using company profits. The use of AI also makes this claims process unusually quick, with many reimbursements paid in a matter of minutes, the company says. It’s also just as easy to file claims: you just press the claim button in the app and proceed to fill out any necessary information. The company can provide a quote in a few minutes - you simply fill out a form on its website and choose the coverage amount you want. Lemonade Insurance is an online-only insurance company that uses artificial intelligence to provide notably fast home insurance quotes and claim payments. Why we chose Lemonade: Lemonade’s streamlined online services and use of AI make the process of getting quotes and filing claims easier and faster. Homeowners, military service members, students, hybrid or electric car owners, insuring multiple vehicles, among othersįinancial rating: A on Demotech Discounts: Bundling with ‘Get Discounts Now' program, homeowners could save on premiums by updating their home's status regarding renovations, security systems and more Bundle options: Renters, car, pet and life insurance Multi-Policy, Customer Loyalty, Automatic Payment New Home Remodeled Home Home Safety Features Generational Loyalty Paperless, inventory, connected home, new home, multi-policy, and higher deductible discount Multi-Policy, Higher Deductible, Automatic Payment, Claim-Free, New Home, Remodeled Home, Home Safety Features Multi-Policy, Responsible Payment, Claims-Free, Welcome and Loyalty, Homebuyer, Protective Device, Early Signing

#2 of 19 (842 out of a possible 1,000 points) #18 out of #19 (792 out of a possible 1,000 points) Zero complaints with the National Association Of Insurance Commissioners (NAIC) Offers a wide range of coverage options and multiple opportunities for discounts One claim every five years won’t risk your discounts or raise your premiums Unique Standard Coverage Options Available Best Home Insurance Company for Claim-Free HomeownersĪll Policies Include Dwelling Protection, Personal Property and Liability Coverage
