Hippo offers its customers a range of discounts and coverage options. Customer service is available 24/7. It has an average rating for financial stability, but it may not pay out quickly if it doesn't have one.
Hippo Home Insurance Review. Coverage and Cost
The cost of a policy for home insurance can vary significantly depending on various factors. It can be difficult to get an accurate quote. This is why you should compare quotes from several companies.
The location of your home and the type or roofing material it is made of can also affect the cost of your insurance policy. Expect to pay more for an older home, or if you live in a risky area.
It doesn't matter how old your house is or where you live, getting an insurance quote that includes any possible risks will save you money. This can include thefts, fires and water damage.
Smart Home Discount: If you've installed a smart device like a security camera or sprinkler system, you can get a discount on your insurance. These devices are intended to help detect and avoid problems before it occurs.
Hippo also offers electronic coverage for expensive items such as computers and TVs. This coverage offers four times as much protection as your standard homeowners insurance policy. It is a good option if your home has a lot high-tech gear.
Additional Living Expenses - If you are displaced from home due to a covered loss, the coverage will help pay for expenses such as food, hotel rooms, and storing your possessions.
Liability: If someone is injured on your property, this coverage can cover medical costs and property damage. It also helps cover legal fees and other expenses if someone sues you or your family for injuries.
Affinity Discount: If your group is an affinity group (such as a company, college, or membership club), you might qualify for a further discount. Ask your agent about the details.
Discounts for gated communities: If you are a resident of a gated subdivision, Hippo might offer you a discount. This is a good option for people who want an extra layer of security and peace of mind.
Hippo may offer a discount if you do not have a mortgage. Ask your agent about discounts you may be entitled to, like those provided by homeowners associations or fire extinguishers.
If you're a new home buyer or have recently purchased a home, you might be eligible for an early bird discount. People who purchase a policy and start it within 8 days are eligible for this type of discount.