Does Hippo have Auto Insurance?

You are probably here coz you may be wondering, Does Hippo have Auto Insurance?

Well, while searching for car insurance, you may encounter companies that appear to provide coverage but ultimately do not.

Hippo is frequently one of these companies.

If you’re seeking budget-friendly auto insurance, it’s important to note that Hippo exclusively caters to property owners, so you’ll need to explore alternative options.

However, if you already have Hippo insurance for your home or want to get it and need another company for your vehicle, Hippo can help you.

Join us in this article as we explore insurance coverages provided by Hippo and answer the question, “Does Hippo have Auto Insurance?”

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What is Hippo Insurance?

Hippo is an insurance company that specializes in home insurance and provides affordable and comprehensive coverage for homeowners.

The company is committed to save homeowners both time and money through its efficient offerings.

With the use of a contemporary approach, Hippo successfully fulfills these commitments to its customers.

Does Hippo have Auto Insurance?

Hippo does not have auto insurance. It is a suitable choice for homeowners or renters.

However, it does offer a home and auto bundle with Openly, another insurance company.

Although the company itself doesn’t offer auto insurance, they have another collaboration with Metromile, which allows you to receive a 15% discount on your policy.

It’s important to note that Metromile operates on a pay-per-mile model, which may not be the most suitable option for everyone.

Additionally, while a 15% discount is appealing, it doesn’t ensure that you’ll secure the most competitive rate by choosing this company.

Furthermore, if you are looking for auto insurance, you can use available free comparison tools to get car insurance quotes from different companies.

What if you’re presently insured with Hippo and require auto insurance?

Even tough Hippo doesn’t offer auto insurance, you have plenty other alternatives.

There are several other auto insurance companies available, so don’t limit yourself to their partners just for the savings. It’s important to conduct your thorough research.

You should think about 2 things when you look for an auto insurance company; the kind of coverage you want and how much you can afford.

It may seem hard to find the right company that gives you enough coverage and fits your budget, but it’s actually more manageable than you think.

If you are on the search for auto insurance, we recommend that you compare auto insurance prices from different companies.

You don’t have to check each company one by one, since that can take a long time.

There is an auto insurance comparison tool can help you do it fast and easy.

How Does Hippo Insurance Operate?

Hippo Insurance operates as a modern insurance provider, primarily focused on homeowners’ coverage.

This insurance provider uses technology to provide fast online quotes, smart home devices, and home care services to its customers.

The company employs a streamlined approach to simplify the insurance process which begins by securing a quote, which you can get in around 60 seconds.

Moreover, Hippo Insurance offers discounts and enhanced coverage for appliances, electronics, and home office equipment.

Here’s an overview of how Hippo Insurance works:

  • Paying Your Insurance Premium

Hippo gives you several options to pay your premium if you’re a policy holder.

You can pay by bank transfer, credit/debit card or escrow account.

Additionally, you can choose to pay the whole policy at once or split it into monthly, quarterly or biannual installments based on your budget.

  • Dealing with Higher Costs

Hippo has fairly low prices. But like all insurance companies, your costs can still increase.

With Hippo, your premiums can increase by 9% to 20% every time you make a claim.

Not every claim will have the same effect on your rate, but you should be aware of this potential downside of filing a claim.

  • Submitting Insurance Claims

When Making Insurance Claims With Hippo, you can email or call the support team to make a home insurance claim.

After submitting the basic details, Hippo will assign you a Claims Concierge advocate who helps you settle the claim as fast as possible.

In which states can you get Hippo Insurance?

Hippo provides homeowners insurance in 37 states across the United States.

These states include: Alabama, Arkansas, Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Illinois, Indiana, Kansas, Kentucky, Maryland, Michigan, Minnesota, Nebraska, New Hampshire, New Jersey, New Mexico, Nevada, Ohio, Oregon, Pennsylvania, Rhode Island, South Carolina, Tennessee, Texas, Utah, Virginia, Vermont, Washington, Wisconsin, and West Virginia.

What are Hippo Insurance’s Coverage Options

Each homeowner possesses unique insurance requirements. Below are the available coverage types offered by Hippo:

  1. Dwelling Insurance: This covers damage to the structure of your home, applicable to both homeowners and condo insurance.
  2. Personal Property Insurance: This type safeguards your personal belongings in the event of theft or damage.
  3. Extended Replacement Cost: As an optional coverage, this feature increases your coverage by up to 50% beyond the dwelling limit in case a covered event results in the destruction of your home.
  4. Home Office and Computer Coverage: Specifically designed for high-end home office equipment used for business or personal purposes, providing coverage of up to $10,000 per computer.
  5. Equipment Breakdown Coverage: This additional coverage addresses the repair or replacement costs, up to $100,000, if your appliances break due to electrical or mechanical failure.
  6. Service Line Coverage: Offering financial coverage, this endorsement becomes valuable if the connection line from your property to the street is damaged.
  7. Water Backup Coverage: In the event of water backing up into your home from drains or sewers, this optional coverage provides protection against water damage.

The best insurance for you depends on your situation.

However, with home insurance policies that surpass industry-standard coverage, Hippo aims to help you avoid many common homeowner challenges when filing a claim.

Pros and Cons of Hippo Insurance

Each insurance company comes with its own set of advantages and disadvantages. Consider the following aspects when evaluating Hippo:

Starting with the positives:

Affordable Coverage: Hippo provides competitively priced policies, making it an appealing option for homeowners looking to safeguard their significant investment.

Streamlined Website Experience: The company offers a user-friendly website, ensuring swift quotes and rapid coverage.

Appliance Protection Options: Hippo allows the addition of coverage for appliances, providing an extra layer of protection.

Home Office Protection: Particularly beneficial for those with valuable office equipment, Hippo offers protection for home offices.

Free Smart Home Devices: Policyholders receive complimentary smart home devices from Hippo.

Moving on to the drawbacks:

Phone Call Required for Claims: The claims process necessitates a phone call and cannot be completed entirely online.

No In-Person Options: Interaction with the company is solely conducted online or over the phone, without any in-person alternatives.

No Auto Insurance: Hippo does not directly offer auto insurance; however, collaboration with partners is available for auto coverage.

Conclusion

To wrap it up, Hippo Insurance is a company that gives home insurance and uses technology to make it fast, cheap, and complete for homeowners.

The insurance provider offers several coverage options and extras that are better than the standard home insurance policies.

Important to note is that, Hippo Insurance does not have auto insurance, but it partners with other insurance companies, to give a home and auto package.

If you need auto insurance, you can use the free online comparing tool for car insurance prices from different companies.

Hippo Insurance is a good choice for homeowners who want to keep their homes and belongings safe from different dangers.

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