Tag: renters insurance

Insurtech Waffle Closes $5M Seed Funding Round

Waffle, a New York based insurtech startup, raised $5m in seed funding. The round was led by Verve Ventures, with participation from BetterLabs Ventures and Techstars. The company plans to use the funds to continue to expand operations and its business reach. Led by Quentin Coolen, CEO & Co-Founder, Waffle is a consumer platform which… Continue reading Insurtech Waffle Closes $5M Seed Funding Round

Meet the Home-Rental Firm Turning Tenants Into Homeowners

Most landlords hope their tenants stay put and pay rent forever. Promise Homes Co. wants its renters to move out and buy their own houses. The company has been acquiring occupied rental houses around Atlanta and northern Florida cast off by other big landlords and promoting homeownership to the tenants it inherits. Promise Homes dangles… Continue reading Meet the Home-Rental Firm Turning Tenants Into Homeowners

Lemonade Launches Its Renters Insurance in France

Lemonade Insurtech

Lemonade is launching its renters insurance in France. This is the company’s third European launch after the Netherlands and Germany. Originally from the U.S., Lemonade is now a public company with a current market capitalization close to $4 billion. Lemonade will compete directly with a local competitor called Luko. Both companies share a lot of… Continue reading Lemonade Launches Its Renters Insurance in France

Nearly a Third of U.S. Apartment Renters Didn’t Pay April Rent

Multifamily rents

Nearly a third of U.S. apartment renters didn’t pay any of their April rent during the first week of the month, according to new data to be released Wednesday by the National Multifamily Housing Council and a consortium of real-estate data providers. The numbers are the first hard look at how many Americans are struggling… Continue reading Nearly a Third of U.S. Apartment Renters Didn’t Pay April Rent

Root Insurance Company Launches New Renters Insurance

a young couple unpack their belongings as they settle into their new loft apartment . The young man in the foreground is unpacking books whilst his female partner is in the background unpacking kitchen items. The loft apartment is open plan .All around them are moving boxes and furniture still to unpack .

Rental insurance has long been clouded by confusing, generic plans sold on agent commissions, without understanding and protecting real people’s needs. Until now. Root Insurance, the largest property casualty InsurTech in the country, has launched an affordable, streamlined renters insurance designed and personalized around real consumer need, for as low as $6/month. With increasing urbanization… Continue reading Root Insurance Company Launches New Renters Insurance

Mercury Insurance Launches Home Cyber Protection Coverage for Californian’s Homeowners and Renters

Today, Mercury Insurance announced that it is offering home cyber protection coverage to homeowners and renters in California. This new coverage will provide Mercury policyholders with significant cyber insurance protection that includes payment and security solutions for computer and home system attacks, cyber extortion, online fraud and the breach of personal information involving smartphones, computers… Continue reading Mercury Insurance Launches Home Cyber Protection Coverage for Californian’s Homeowners and Renters

Security Top Concern for Renters: Assurant Survey

a young couple unpack their belongings as they settle into their new loft apartment . The young man in the foreground is unpacking books whilst his female partner is in the background unpacking kitchen items. The loft apartment is open plan .All around them are moving boxes and furniture still to unpack .

As summer vacation season kicks into high gear with the upcoming 4th of July weekend and homes are empty for extended periods, a new survey shows that renters are not taking enough precautions to protect their property and valuables, and in fact may be alerting would-be burglars that their homes are unoccupied. According to a… Continue reading Security Top Concern for Renters: Assurant Survey

Toggle Expansion Delivers Reimagined Insurance Brand Built for Digitally-Powered Consumers to Nine New Markets

New millennial-focused brand, backed by Farmers®, delivers gamified approach for customizable renters insurance, starting at $5 a month, with unique add-ons like credit-building and side hustle coverage.

ToggleSM, an innovative, insurance brand aimed at today’s consumer, and backed by Farmers Insurance®, has expanded its affordable, customizable renters insurance to nine additional states: Colorado, Indiana, Iowa, Kansas, Minnesota, Missouri, Ohio, Utah and Virginia. “We’re thrilled with the way consumers in our first two states of Illinois and Wisconsin have embraced Toggle and that… Continue reading Toggle Expansion Delivers Reimagined Insurance Brand Built for Digitally-Powered Consumers to Nine New Markets

WeWork Taps Lemonade to Offer Insurance to WeLive Members

Lemonade Insurtech

WeWork has partnered with Lemonade to provide renters insurance to WeLive members. WeLive is the residential offering from WeWork, offering members a fully-furnished apartment, complete with amenities like housekeeping, mailroom, and on-site laundry, on a flexible rental schedule. In other words, bicoastal workers or generally nomadic individuals can rent a short-term living space without worrying… Continue reading WeWork Taps Lemonade to Offer Insurance to WeLive Members