The newest addition to the Floify App Store is going to make purchasing homeowners insurance much easier for your borrowers. Additionally, it will get your processors the EOI they need much more quickly.
With the Hippo Insurance App, loan officers can initiate a homeowners insurance quote from multiple carriers, dropping it in a borrower’s red bucket in a matter of seconds. Your borrowers will be able to review their options and, for alternative carriers, they can easily arrange for a callback from that provider.
If they purchase a Hippo Insurance policy, borrowers can customize AND purchase their policy all within the Hippo Insurance app. They never have to leave Floify! In about 24 hours, the EOI for that policy uploads automatically into the yellow bucket of their loan flow.
Who is Hippo Insurance?
Hippo Insurance is based in Mountain View, California. The company launched in April 2017, after raising $14M to reinvent home insurance. Among its many innovations, Hippo allows homeowners to quote and purchase home insurance in approximately 60 seconds online, save up to 25% compared to industry prices, and obtain coverage that is much more updated for modern homeowners. This includes protection for modern-day possessions like consumer electronics, home offices, and appliances. The company was founded in 2015 by Assaf Wand and Eyal Navon.
For more information, check out MyHippo.com