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.

tract-housing-365-bbg.jpg

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.

For reprint and licensing requests for this article, click here.
Insurtech Homeowners insurance Mobile technology
MORE FROM DIGITAL INSURANCE