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Hippo Home Insurance Review 2021

Available in 37 states, Hippo home insurance includes coverage that other companies’ policies don’t.
July 20, 2021
Homeowners Insurance, Insurance
Many or all of the products featured here are from our partners who compensate us. This may influence which products we write about and where and how the product appears on a page. However, this does not influence our evaluations. Our opinions are our own.

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Hippo at a glance

  • One of NerdWallet's top home insurance companies.
  • Hippo's standard policy is more generous than competitors'.
  • Available in 37 states.

Home insurance provider Hippo is one of a group of new insurance companies focused on making the industry more modern and efficient through technology. Getting a quote can take as little as about 60 seconds, and Hippo provides high-tech perks like a smart home monitoring system in many states.

Hippo home insurance

5.0 NerdWallet rating

Hippo homeowners insurance earned 5 stars out of 5 for overall performance. NerdWallet’s ratings are determined by our editorial team. The scoring formula takes into account coverage and discounts, ease of filing a claim, website transparency, financial strength, complaint data from the National Association of Insurance Commissioners and more.

Based on these ratings, Hippo is among NerdWallet’s Best Homeowners Insurance Companies for 2021.

Hippo home insurance pros and cons

Very fast quotes.Tech focus might not appeal to everyone.
Has standard coverage types most insurers do not.Not available in all states.
Large number of optional coverage types.

About Hippo home insurance

Hippo was founded in 2015 as part of a wave of startups focused on “insurtech,” or insurance technology. These companies try to make insurance more affordable for consumers and more profitable for insurers by handling many processes almost entirely online. To that end, Hippo features a streamlined website and a smart home monitoring system that preemptively diagnoses issues with your home.

Hippo offers policies through Spinnaker Insurance, a carrier it acquired in August 2020, and other partners.

Hippo home insurance state availability

Hippo currently offers homeowners policies in these 37 states.

Hippo home insurance coverage

All Hippo homeowners insurance offers standard coverage such as dwelling, personal property, loss of use and liability. Additionally, Hippo includes these other types of coverage as part of its standard package:

  • Ordinance or law, in case updated building codes drive up repair costs.
  • Domestic workers, if someone working at your home is injured on the property.
  • Home office, if work equipment such as a cell phone or printer is damaged.
  • Computers, if any personal computers or storage devices are damaged.
  • Water backup, for damage caused by backup or overflow of water from drains or sewers.
  • Jewelry and watches/valuables, for the theft of high-value items. Additional items beyond the coverage limit can also be added to your policy.
  • Extended replacement cost on dwelling coverage, which offers a little extra coverage in case the dwelling limit on your policy isn’t enough to rebuild your home after a disaster.

Depending on where you live and which home insurance package you choose, your policy may also include:

  • Equipment breakdown, to help pay the costs of repairing or replacing electrical equipment.
  • Service line, to help cover repair costs for lines such as electrical or sewer that come into your house from the street.

For an extra cost, you can also add mortgage payment protection, which helps make your mortgage payment if you need to move out of your home while it’s being repaired.

» MORE: What does homeowners insurance cover?

Hippo home insurance discounts

Hippo offers homeowners insurance discounts for:

  • Early signing.
  • New home.
  • Smart home.
  • Claim-free.
  • No mortgage.
  • Affinity group.
  • Homeowners association (HOA).
  • Fire extinguisher.
  • Gated community.
  • Wind loss prevention.
  • Water leak detection device.
  • Burglar alarm.
  • Fire alarm.
  • Sprinkler
  • Smoke alarm.
  • Deadbolt.

Not all discounts apply in all states.

» MORE: How do insurance deductibles work?

More about Hippo

Website: Hippo’s website can provide you with home insurance quotes. It also has articles outlining the basics of homeowners insurance and how it works. The company provides customer support via live chat, email and telephone, although claims are handled only by phone and email.

Other insurance: Hippo offers condo insurance in addition to homeowners policies.

Homeowners insurance ratings methodology

NerdWallet’s homeowners insurance ratings reward companies for customer-first features and practices. Ratings are based on weighted averages of scores in several categories, including financial strength, consumer complaints, coverages, discounts, online experience and more. These ratings are a guide, but we encourage you to shop around and compare several insurance quotes to find the best rate for you. NerdWallet does not receive compensation for any reviews. Read our editorial guidelines.

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