Lighthouse to offer security deposit insurance

Los Angeles-based software for landlords and tenants Lighthouse announced a new partnership with Topa Insurance Company to offer security deposit insurance.

Founded in 2020, My Lighthouse (a team of ~5) is a platform through which landlords and tenants can connect to communicate, manage rent payments, track maintenance requests, and more. According to the press release this partnership marks a ‘significant step’ for Lighthouse into the insurtech space, making them a licensed insurance provider.

“We’re excited to partner with My Lighthouse in the launch of this innovative product.” – Denise Pavlov, COO of Topa Insurance Company.

“This important step allows us to get one step closer to our goal of simplifying the landlord-tenant relationship.” – Tomer Simonov, CEO of Lighthouse.