Better launches Better Insurance
Mortgage company Better.com is announcing the launch of Better Insurance, a new insurance offering that allows customers to purchase homeowners insurance through a fully online experience.
Insurance isn’t a new proposition for Better – the company has been offering a variety of insurance products through its insurance arm, Better Cover.
The new offering was created in collaboration with Sure and Toggle, a member of the Farmers Insurance family.
Better Insurance is currently available in Arizona, Oregon, and Illinois, with plans to expand to additional states in the coming months.
“Insurance is a key component of the homebuying process that comes with its own unique set of risks and challenges. At Better, we are focused on leveraging technology to make products available that can reduce pain points across all facets of the homebuying experience, and insurance is no exception. As a public company, we are more motivated than ever to continue addressing timely issues for homeowners through our robust product offerings, and the Better Cover team is leading the charge with the launch of a more seamless, consumer-first insurance product.” – Vishal Garg, CEO & founder of Better.
“We’re excited to partner with Better to provide homebuyers with a frictionless, personalized insurance solution during this difficult time in the market. At Sure, our mission is to unlock the potential of digital insurance, and partnering with a leading digital homeownership company like Better is a natural fit to expand our reach and provide consumers with seamless access to insurance at a time when they need it most.” – Wayne Slavin, CEO & co-founder of Sure.