Renters' insurance

Protect what you love: Renters can now purchase renters insurance on Zillow

Retrieved on:

Thursday, September 7, 2023

Insurance, Policy, Partnership, Renters' insurance, Macromedia HomeSite, Injury, Lease, Zillow

SEATTLE, Sept. 7, 2023 /PRNewswire/ -- Zillow is simplifying another step in the renting journey by introducing renters insurance in partnership with Homesite. Renters can now conveniently purchase a policy through the Zillow app or website at key points in their journey, — whether it's when they sign their lease or after they've settled into their new place.

Key Points:

An online survey1 of current and prospective renters conducted by Zillow found that 50% have renters insurance.
In most cases, a landlord's insurance does not protect renters or their personal belongings, and that's where renters insurance comes in.
Now, Zillow makes it easier for renters to learn about what renters insurance covers and decide what coverage and amounts work best for them.
Renters insurance through Zillow is now available in 49 states and Washington, D.C. To date, more than 1,500 renters have already secured policies through Zillow Insurance Services2.

RentRedi Acquires eRentPayment and PaymentReport

Retrieved on:

Tuesday, August 8, 2023

REI, Insurance, Maintenance, Partnership, Policy, Acquisition, Realtor.com, Growth, Zillow, Renters' insurance, HotPads, TransUnion, Property technology, Lease, Renting, Property management, Experian, Trulia

NEW YORK, Aug. 8, 2023 /PRNewswire/ -- PropTech leader RentRedi has acquired eRentPayment and PaymentReport, further enhancing its award-winning rental management software that simplifies the renting process for both landlords and renters. The acquisition results in an expansion of the RentRedi team, along with providing substantial growth to the company's subscribers base. In addition, the deal provides eRentPayment customers with access to RentRedi's more robust feature set.

Key Points:

"This acquisition will enhance our technology and significantly grow our customer base, positioning RentRedi as an even bigger player in the PropTech space," said RentRedi Co-founder and CEO Ryan Barone.
Under the terms of the agreement, eRentPayment and PaymentReport will become part of RentRedi, with the founder of the two acquired companies, Rick Sands, serving as RentRedi's Head of Payments.
eRentPayment and PaymentReport customers now have access to a number of new features that the RentRedi rental software provides, including:
Full accounting services — RentRedi partners with REI Hub to provide automated accounting designed specifically for real estate investors and rental property owners, such as importing all RentRedi properties and charges, adding financial accounts, tracking expenses, and pulling reports.
Prior to the acquisition, RentRedi offered payments reporting to TransUnion, and eRentPayments offered payments reporting to Experian through PaymentReport.

Triple-I Issues Brief: Hurricanes Are Getting Costlier and Wetter

Retrieved on:

Wednesday, July 19, 2023

Professional Services, Insurance, Natural Disasters, Environment, Risk, NFIP, Insurance Information Institute, Policy, Hurricane Ian, Hurricane Ida, History, Wind, United States Census Bureau, Information International, Inc., Water, Cyclone, Renters' insurance, Population growth, Property insurance

“While wind speeds and storm surge in coastal areas grab headlines, inland flooding is on the rise,” stated the just-released Triple-I Issues Brief, Hurricanes: State of the Risk .

Key Points:

“While wind speeds and storm surge in coastal areas grab headlines, inland flooding is on the rise,” stated the just-released Triple-I Issues Brief, Hurricanes: State of the Risk .
Flood policies are underwritten through FEMA’s National Flood Insurance Program (NFIP) and private insurers.
In the aftermath of hurricanes, U.S. homeowners, renters, auto, and business insurers cumulatively receive tens of thousands of claims.
“When adjusted for inflation, nine of the 10 costliest hurricanes in U.S. history have struck since 2005,” the Issues Brief continued.

Lemonade Car Launches in Oregon

Retrieved on:

Wednesday, March 29, 2023

Professional Services, Automotive, General Automotive, Technology, Insurance, Artificial Intelligence, Life, AI, EV, NYSE, Renters' insurance, Carbon, Home insurance, Ridesharing, Car rental, Lemonade

Lemonade (NYSE: LMND), the digital insurance company powered by AI and social impact, today announced the launch of Lemonade Car in Oregon, marking the fifth state where the full suite of Lemonade insurance products are available.

Key Points:

Lemonade (NYSE: LMND), the digital insurance company powered by AI and social impact, today announced the launch of Lemonade Car in Oregon, marking the fifth state where the full suite of Lemonade insurance products are available.
As a state known for its environment-friendly ways and low-mileage drivers, Lemonade Car will be a welcome option for those in Oregon looking for car insurance that aligns with their values—and their wallet.
Fast claims and emergency services when needed: Lemonade Car features a first-of-its-kind claims process that allows customers to file claims in minutes, as well as the ability to customize coverages, add a new car, and more through the Lemonade app.
Lemonade created a guide for drivers to help navigate the nuances of car insurance in the state of Oregon.

Lemonade Car Launches in Texas

Retrieved on:

Wednesday, December 14, 2022

Lemonade (NYSE: LMND), the digital insurance company powered by AI and social impact, today announced the launch of Lemonade Car in Texas, making it the latest state to offer the companys telematics-enabled car insurance and also the full suite of Lemonade insurance products.

Key Points:

Lemonade (NYSE: LMND), the digital insurance company powered by AI and social impact, today announced the launch of Lemonade Car in Texas, making it the latest state to offer the companys telematics-enabled car insurance and also the full suite of Lemonade insurance products.
Weve seen more than 50% increase in bundled customers in markets where we offer Lemonade Car, and we cant wait to give the tens of thousands of customers on our Texas waiting list a chance to see why people love Lemonade Car so much.
Lemonade Car brings a fresh, telematics-first approach to car insurance to the Lone Star State, with more than 90% of current customers opted-in to telematics via the Lemonade app.
Lemonade also created a guide for drivers to help navigate the nuances of car insurance in the state of Texas.

National Advertising Division Finds Certain Apartments.com Website Claims Supported; Advertiser CoStar Group Appeals Other Findings

Retrieved on:

Wednesday, May 4, 2022

During the proceeding, the advertiser agreed to permanently discontinue the claim "We deliver the highest quality, ready-to-move renters," and to permanently modify several claims.

Key Points:

During the proceeding, the advertiser agreed to permanently discontinue the claim "We deliver the highest quality, ready-to-move renters," and to permanently modify several claims.
Such appeals of NAD decisions are made to the BBB National Programs' National Advertising Review Board (NARB), the appellate-level truth-in-advertising body of BBB National Programs.
About BBB National Programs:BBB National Programs is where businesses turn to enhance consumer trust and consumers are heard.
About the National Advertising Division:TheNational Advertising Division (NAD) of BBB National Programsprovidesindependent self-regulationand dispute resolution services,guidingthe truthfulness of advertising across the U.S. NADreviews national advertising in all media and its decisions set consistent standards foradvertisingtruth and accuracy, delivering meaningful protection toconsumersand leveling the playing field for business.

RVshare Unveils New App as the Company Hits a Milestone of 3 Million Nights Booked

Retrieved on:

Wednesday, November 3, 2021

Camping, App store, Renters' insurance, Travel, Ownership, Mark (given name), Recreational vehicle, Income, Instagram, Facebook, Multimedia, Review, IOS, Traveler, VP/MS, Self storage, Mobile phone, Renting, Online shopping

The app aims to accommodate both RV owners and renters making renting an RV easier than ever before.

Key Points:

The app aims to accommodate both RV owners and renters making renting an RV easier than ever before.
On the heels of booking 3 million nights on the platform, RVshare continues to invest and innovate to make RVs accessible for any vacation, tailgate, or temporary lodging needs.
Key App features for Renters: Discover and rent the perfect RV from anywhere
Search and book - Easily browse over 100,000 RVs, save favorites, and securely book a trip, all from the app.
Travelers and RV owners can download the new RVshare App via the App Store.

Research Finds Many Renters Unable to Participate in Clean Energy Transition

Retrieved on:

Wednesday, October 27, 2021

Program, Risk, Center for Economic Studies (U.S. Census Bureau), SECC, Research, Renters' insurance, United States Census Bureau, Need, Behavior, Renewable energy, Renting

More than one-third of American households today rent rather than own their homes, according to the U.S. Census Bureau.

Key Points:

More than one-third of American households today rent rather than own their homes, according to the U.S. Census Bureau.
However, renters are often limited in the energy-efficient actions that they can take around their homes.
When asked about the energy efficiency of their homes, about one-third (31 percent) of renters believe that their home is overdue for energy-efficient upgrades, with another 11 percent believing that the energy efficiency of their home is "very poor".
The research team will also be hosting a free webinar on the report's main findings today at 1 p.m. (ET).

Rentec Direct Partners with Rhino to Replace Cash Security Deposits

Retrieved on:

Tuesday, August 10, 2021

Aerospace Journalist of the Year Awards, Housing, Weyerhaeuser Real Estate Company, User experience, Stevie Awards, Partnership, Rhinoceros, Technology, Real, SVP, Renaissance, Tenant, Renters' insurance, Lease

Through a joint Pilot Program, Rentec Direct clients will have access to Rhino's more affordable and convenient alternative to traditional cash security deposits without sacrificing protection.

Key Points:

Through a joint Pilot Program, Rentec Direct clients will have access to Rhino's more affordable and convenient alternative to traditional cash security deposits without sacrificing protection.
Instead of a large upfront cash deposit, Rentec Direct clients will pay Rhino a small monthly fee that can be as little as $5 per month, and Rhino insures Rentec for damages that might occur and lost rent.
"Our top priority at Rentec Direct is to make life easier for today's landlords, property managers and renters," said Nathan Miller, President of Rentec Direct.
Instead of a large upfront cash security deposit, renters pay Rhino a small monthly fee, and Rhino insures the property owner for damages that might occur and lost rent.

Research shows Canadians interested in receiving embedded insurance offers from banks

Retrieved on:

Tuesday, August 10, 2021

TORONTO, Aug. 10, 2021 (GLOBE NEWSWIRE) -- A recent survey sought to understand how customers of banks, digital banks and other fintech apps would react to embedded insurance offers based on real time transaction data.

Key Points:

TORONTO, Aug. 10, 2021 (GLOBE NEWSWIRE) -- A recent survey sought to understand how customers of banks, digital banks and other fintech apps would react to embedded insurance offers based on real time transaction data.
Please indicate how interested you would be in allowing them to make these offers.
The findings show that 67% of Canadian digital bank customers would be highly interested in receiving embedded insurance offers based on their transaction data, as would 57% of traditional bank customers.
The data show unequivocally that consumers are not aligned with government regulation prohibiting banks from offering embedded insurance in real time with financial transactions, said Michael Fitzgibbon , Director of Insurance for Cover Genius Canada.