Hippo

Overview of Hippo

Hippo Insurance Services offers home insurance for standard homes, condos, and secondary/vacation homes. The policies offered can cover rentals as well, but only in select states. Hippo aims to differentiate itself in the competitive and crowded homeowner’s insurance market by offering modern coverage packages with affordable rates that tend to be lower than the average prices offered through other insurance markets.

It offers a range of potential discounts of up to 25% in total on premiums for users with no claims, new homeowners, or those who have taken the time to install security features like fire extinguishers and smart home devices in their properties. Hippo also stands out for its simplicity, offering 60-second quotes and speedy purchases to save you time. They offer smart home kits to qualified customers too, helping people prevent accidents and issues.

While Hippo is still relatively new on the Homeowners Insurance market, they already operate in over 30 states and plan further expansion in the future. Policies offered through Hippo are supported by insurance carriers rated “A-Excellent” by A.M. Best, the industry gold standard.

What Does Hippo offer?

Home insurance policies written through Hippo Insurance Services offer the following coverage (subject to the limits and other terms and conditions in the insurance policy):

• Liability – Covers bodily injury or property damage involving guests or visitors to your property.
• Dwelling – Covers repair costs due to damages from accidents and natural disasters.
• Service Lines – Covers damage to underground gas, sewage, and water lines from wear and tear, rust, collapse, and freeze.
• Loss Of Use – Covers your living costs while your home is being repaired following a covered loss
• Foundation – Covers damage to the foundation.
• Water – Covers water damage from things like pipe bursts or resulting from windstorms or hail.
• Mortgage Assistance – Provides help with mortgage payments up to $1,500/month if you aren’t able to live in the property following a covered loss.
• Personal Possessions – Up to $5,000 coverage for expensive and precious items like jewelry.
• Equipment Breakages – Up to $100,000 coverage for appliances and electronics like TVs and refrigerators.
• Computers – Up to $10,000 coverage for home computers and equipment.

Additional coverages and limits may be updated with an endorsement to the standard policy.

How to Apply for a Policy Through Hippo

To get a home insurance policy, simply follow these steps:

• Head to the Hippo website and click on the ‘Quote in 60-sec’ button.
• Enter some basic details on your home and continue.
• Choose between basic and advanced coverage.
• Select any discounts that apply.
• Enter some basic personal details like name and email.
• You will then receive a quote and can select between the different coverage packages, entering more details and providing payment to confirm the plan.

Hippo Insurance Services (“Hippo”) is a general agent for affiliated and non-affiliated insurance companies. Hippo is licensed as a property-casualty insurance agency in all states in which products are offered. Coverage under your insurance policy is subject to the terms and conditions of that policy. Availability and qualification for coverage, as well as the terms, conditions, rates, and discounts may vary by jurisdiction. We do not in any way imply that the materials on the sites or the products are available outside the United States or in jurisdictions in which we are not licensed to do business, or that we are soliciting business in any such jurisdiction. Savings are based on average discounts for which a customer may qualify on comparisons of Hippo and competitive providers where Hippo’s products are offered. Actual savings and discounts vary depending on individual underwriting and various risk factors and are not guaranteed. Restrictions apply. For more information and state licenses, visit hippo.com.