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Hippo Teams up with Ring to Help Protect Homes from Water Damage, Fire, and Break-ins

Hippo Teams up with Ring to Help Protect Homes from Water Damage, Fire, and Break-ins | Fintech Finance

Hippo (NYSE: HIPO): Hippo Insurance Services announced today it will offer home insurance products in North Carolina and is teaming up with Ring to proactively help protect homes against water damage, fire and break-ins. New customers who opt-in to receive the complimentary Alarm Security Kit from Ring receive a smart home discount on their insurance premium with Hippo.

The smart home kit empowers Hippo customers to make their homes safer. The bundle includes the Ring Alarm 5-piece kit (2nd Gen), Ring Indoor Cam, Echo Dot (4th Gen), Flood & Freeze Sensor, and Smoke & CO Sensor.

“By partnering with Ring, we can help more homeowners prevent small issues from becoming big problems and take a proactive approach to home protection,” said Rick McCathron, CEO and President of Hippo. “We’re excited to continue growing the insurance industry’s most widely adopted smart home program in North Carolina.”

With the addition of North Carolina, Hippo products reach 92% of the U.S. population in 39 states. Residents of the Tar Heel state can now access Hippo’s full proactive protection offering, which includes modern home insurance coverage, Hippo Home Care, and the company-provided smart home devices from Ring.

“We’re excited to expand our collaboration with Hippo, whose proactive approach to home protection is a natural fit with our mission to make neighborhoods safer,” said Jamie Siminoff, Founder and Chief Inventor of Ring. “Together, we can provide our shared customers with peace of mind and the confidence to prevent small things from becoming big issues.”

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