The need to reshape home insurance into a proactive experience starts with real-time data collection both inside and outside the home. By acting as the connection between data and insights, such as aerial imagery and fire line scoring data, Hippo is giving homeowners an advanced look at their homes. For example, Hippo customers will be alerted if there's a discoloration on their roof, implying a need for roof repairs, or when new wildfire prone brush encroaches on a property line. Hippo partners with AI driven software companies to specifically analyze real-time aerial images of their homes. Having an advanced alert system inside the home is just as valuable.
According to the
This past May, Hippo and Comcast teamed up to bring Xfinity customers both added discounts and enhanced coverage on their homeowners insurance. Hippo's modernized home insurance policies help Xfinity customers save up to 25% on their annual home insurance premiums with the purchase of a Hippo policy. Each policy also comes with an enhanced smart home starter kit, plus a discount on premiums for protecting a home against risks from fire, water damage, and break-ins.
"Smart home adoption is driving a necessary change in home insurance," said
Hippo's commitment to smart home has brought on several new partners in the industry over the last quarter. To help customers safeguard items inside their homes, the company recently partnered with Notion, a home monitoring solution powered by a multi-purpose IoT smart home sensor. Now each Hippo customer will be armed with a Notion Smart Home
Hippo policies more accurately and proactively represent what's inside a typical home today. This includes comprehensive equipment breakdown coverage for the items that traditional home insurance doesn't cover. In addition to IoT and smart home devices, things like your heating and air conditioning systems, hot water heater, appliances, computers and more.
Hippo will speak alongside Smart Home partner Comcast at Insurtech Connect in
Hippo is on a mission to transform home insurance for the modern household. Among its many innovations, Hippo allows homeowners to get a quote and purchase home insurance online in 60 seconds or less, save up to 25 percent compared with traditional insurers, and obtain smarter coverage for modern households. This includes protection for possessions like appliances, consumer electronics and home offices. Founded in 2015 by