Root launches home insurance
Root Insurance has introduced Root Home, a homeowner’s insurance product, in 13 states.
Partnering with Homesite Insurance, a Boston-based carrier owned by American Family Holdings, Root Home is available through the company’s mobile application along with its other lines of coverage.
The insurtech, which opened in 2016 with a focus on usage-based auto insurance, launched renter’s coverage last November.
“The addition of Root Home delivers increased value to our customers through the same mobile-first platform that our customers have come to rely on to customize their car insurance,” said Alex Timm, Co-Founder and CEO of Root.
Root partnered with another insurtech, Agero, to launch an updated roadside-assistance product for its customers earlier this year.