Luis Pazos 
Key Takeaways:
- Hippo provides updated home insurance policies designed for modern living.
- The company helps prevent claims by offering smart home devices and home maintenance services as part of their policies.
- Hippo operates in 37 states and focuses solely on home insurance, not offering auto or life insurance.
- You can get a free online quote for homeowners insurance quickly, and many customers reportedly save up to 25% on their premiums.
Overview:
Hippo is becoming more recognized in the insurance world, having been featured in major publications for its unique approach to home insurance. The company makes it easy to get a free quote online in just 60 seconds and includes smart home devices with your insurance plan to help avoid costly problems. If you’re looking for homeowners insurance, Hippo might offer the affordable and comprehensive coverage you need.
About the Company:
Founded in 2015, Hippo partners with insurers that hold strong financial ratings, ensuring long-term stability. Hippo itself has a B+ rating from the Better Business Bureau and good user reviews, indicating a positive trend in service quality. One standout feature is that Hippo doesn’t offer other types of insurance, which allows them to specialize in home insurance and potentially offer savings of up to 25%.
Unique Features:
- Free smart home devices to help maintain and prevent issues.
- A home care app that lets you schedule maintenance or get advice.
- Advanced technology to customize your home coverage precisely.
- Higher coverage limits on electronics compared to other providers.
Getting a Quote:
You can get a quote by providing basic information like your home address, occupancy details, and contact information. Quotes offer three levels of coverage—good, better, and best—allowing you to choose the coverage and deductibles that best fit your needs and budget. Discounts may be available for various reasons, like having a new home or living in an HOA community.
Coverage Options:
Hippo includes various types of coverage such as:
- Expanded limits on computers and home office equipment.
- Coverage for appliances and electronics.
- Protection for domestic workers.
- Water backup and service line coverage.
- Enhanced rebuilding and liability coverage.
- Mortgage payment protection and more.
Who It’s Best For:
Hippo is ideal for those who don’t need to bundle different types of insurance and those who want tailored coverage based on their lifestyle. It’s also a great fit for tech-savvy individuals comfortable using smart devices and apps.
Calculating Your Premium:
Premiums depend on coverage limits, optional coverages, discounts, and deductible options. Hippo offers flexible payment options through ACH transfers, credit cards, or mortgage escrow, with various billing frequencies.
Comparison to Competitors:
Hippo compares favorably with other providers like Allstate and Lemonade, often offering competitive discounts and coverage options.
Final Thoughts:
Hippo Home Insurance might be a good fit if you need modern, tech-based coverage. It’s wise to get a free quote and compare it with other insurers to ensure you’re getting the best value. Pay attention to coverage details, limits, and deductibles to make a well-informed decision. Consider reaching out to multiple insurance companies to find the best coverage tailored to your needs.
