San Francisco based car insurance start-up Metromile and homeowners focused-insurtech Hippo have partnered to offer consumers modern auto and homeowners insurance with a new multi-policy discount.
Drivers and homeowners will be able to purchase pay-per-mile auto insurance and homeowners insurance from Metromile and Hippo, respectively, in a discounted policy bundle.
“Offering choice and control are central to who we are and what drivers have come to expect from us,” said Metromile Chief Executive Officer Dan Preston.
“The addition of homeowners insurance through Hippo provides drivers with new options, greater flexibility and a new way to save. We are excited to partner with Hippo, as they, too, are creating more value as a digital-first insurer using real-time data and technology to meet the needs of today’s consumers.”
Hippo President Rick McCathron also commented: “We look forward to partnering with Metromile to offer our customers auto protection that’s blending the best of technology with top insurance coverages, just as we are on the home insurance side, to bring customers the best possible coverage and experience possible.”
Drivers and homeowners will be able to bundle Metromile auto insurance with Hippo homeowners insurance in Arizona, California, Illinois, New Jersey, Oregon, Pennsylvania, Virginia and Washington state once the partnership launches. Later this year, the partnership will expand to additional states.