SoFi has a new partner for renters and home insurance

Financial services company SoFi has a new partner for home and renters insurance coverage – Experian.

The credit reporting company replaces Lemonade, which was the provider of renters and home insurance since April 2019.

Experian isn’t a new partner for SoFi – the company also powers the bank’s auto insurance offering, which was originally provided by its subsidiary Gabi.

Based on traffic data, Lemonade received around 15k visits from SoFi between September 2022 and August 2023. For the same period, SoFi generated 190k visits for Gabi.