Hippo Launches Proactive Home Protection in New York State
April 28 2022 - 9:00AM
Business Wire
Hippo’s Expansion to the Empire State Further
Diversifies its Portfolio, Reaching 88% of Americans in 38
States
Hippo (NYSE: HIPO): Hippo Insurance Services announced today it
will offer home insurance products in New York State, providing a
smarter coverage option to the Empire state's 4.5 million
homeowners1, and marking an important step in Hippo’s geographic
expansion. With New York, Hippo products now reach 88.9% of the
U.S. population in 38 states.
New Yorkers can easily access Hippo’s proactive protection
offerings, including modern home insurance coverage, complimentary
smart home devices and Hippo Home Care – personalized guidance,
quick fixes and trusted recommendations to help keep homes running
smoothly – at hippo.com.
“We are changing how consumers think about home insurance and
exceeding customer expectations by combining modern coverage with
smart home technology and Hippo Home Care to deliver proactive
protection for homeowners,” said Rick McCathron, President of
Hippo. “Protecting the joy of homeownership in New York means
expanding to the nation’s fourth most populous state, further
diversifying our geographic portfolio and delivering better
outcomes for our customers and our business.”
According to the National Weather Service, New Yorkers
experienced more than 150 significant weather events over the last
decade2. The impact of climate change and new weather patterns
calls for a data-driven, proactive insurance partner like Hippo
with its intelligent warning systems that allow the company to
spring into action after an event, proactively check on impacted
customers and guide them through the claims process when
necessary.
Hippo is transforming the home insurance industry by protecting
the joy of homeownership through proactive and consumer-focused
products and services. To learn more about Hippo’s insurance
offerings or to get a quote, visit hippo.com.
About Hippo
Hippo’s goal is to make homes safer and better protected so
customers spend less time worrying about the burdens of
homeownership and more time enjoying their homes and the life
within. Harnessing real-time data, smart home technology, and a
growing suite of home services, we are creating the first
integrated home protection platform. Hippo is headquartered in Palo
Alto, California with offices in Austin and Dallas, Texas and
insurance products available to more than 80 percent of U.S.
homeowners in 38 states. Insurance products are offered through
Hippo Insurance Services which is a licensed property casualty
insurance agent with commercial and personal lines products
underwritten by various insurance companies. Hippo Insurance
Services writes business through its affiliate Spinnaker Insurance
Company which is a national property and casualty insurer rated A-
by A.M. Best Company. Spinnaker’s address is 1 Pluckemin Way, Suite
102, Bedminster, NJ. For more information, including licensing
information, visit http://www.hippo.com.
______________________
1 https://www.census.gov/quickfacts/NY
2 https://www.weather.gov/okx/stormevents
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version on businesswire.com: https://www.businesswire.com/news/home/20220428005358/en/
Mark Olson / Courtney Klosterman press@hippo.com
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