JPAR® – Real Estate Partners with Digital Insurance Broker Bubble to Bring Seamless Embedded Insurance to Home Buyers
Bubble is a technology and AI-powered insurtech company especially designed to help home buyers and home owners shop, compare, customize and purchase the best-fit insurance policy, with the right coverages, at the best price possible. As an insurance broker, Bubble works with many of the country's top-rated insurance companies to help shop and compare insurance policies. And as a technology company, Bubble removes much of the friction and hassle from the process, from accurate instant quotes and guided customization of various coverages and deductibles, to fast online applications and, in some cases, instant online approvals. Bubble also helps clients save money with discounts or by easily bundling multiple insurance products together like home, auto, umbrella, and life insurance.
For home buyers and homeowners, having the right insurance with the right protections and coverages is important, especially now with the uncertainties of climate change. Bubble's digital platform integrates with several insurance companies and uses a proprietary AI-guided recommendation engine, Bubble HomePal, to quickly match customers and their properties with the best-fit policies and coverages to mitigate the most relevant hazards and risks, while lowering insurance claims and future premiums.
JPAR® real estate professionals can help their customers take advantage of the benefits of Bubble's data-driven integration through the JPAR® transaction management system, Dotloop. Every time a new home buyer signs a purchase contract with a JPAR® real estate agent, the integration combines data available from the transaction with Bubble's own extensive data assets and automatically sends a curated set of personalized insurance quotes to the buyer via email and/or SMS. This eliminates much of the friction and enables home buyers to easily customize and purchase the most appropriate policies, either with instant online approvals or with Bubble's licensed advisers. In turn, this speeds up the transaction process while enhancing the customer experience, removing stress for the buyer, and ensuring a timely close.
"Insurance has long been an offline process in the real estate transaction that's rapidly moving towards end-to-end digitization," noted
Bubble's Agent Portal helps JPAR® agents organize all their clients' insurance information on one platform. The platform gives agents instant visibility into the status of each client's insurance purchase along with the ability to send a Bubble-generated insurance quote to any client with one click.
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Cairn
About JPAR® – Real Estate: JPAR® - Real Estate is a full-service real estate brand and franchise platform offering a highly competitive transaction fee-based model and agent-centric culture. The JPAR® platform provides agents seven (7) days-per-week support, a comprehensive tech stack, marketing, lead generation, training and mentoring. JPAR® affiliated owners benefit from compliance review, 1-on-1 consulting, recruiting support and a peer network of influential industry leaders. The company boasts more than 4,500 agents operating in 70 office locations and closes more than
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SOURCE JPAR® Real Estate


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