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Last updated on Sep 23, 2020

Hippo Home Insurance Review


  • In business since: 2015
  • AM Best Financial Strength Rating: A-Excellent
  • J.D. Power: N/A
  • States served (availability): 30 states
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Finding Hippo Home Insurance reviews may be tougher than with some other insurance companies because Hippo has only been around for a short five years. While this may seem less than ideal on the surface, our Hippo Insurance review revealed a lot of tech-forward solutions to be expected from a new player in the game. Additionally, the company delivers tangible protections you’d want from a newer company.

Overall, Hippo Home Insurance is certainly an option worth considering, especially if your home has a lot of electronics and 21st-century gadgets you want to protect.

Hippo Home Insurance Overview

  • In business since: 2015
  • AM Best Financial Strength Rating: A-Excellent
  • J.D. Power: N/A
  • States served (availability): 30 states

Hippo only started offering insurance to customers in 2017, and the company has shown impressive growth since then. According to an article published by Busines Insider in July of 2020, the company showed a growing rate of 140% year over year, and subscribed $270 million in premiums in 12 months prior to the publication. To sustain that expansion, the insurtech company raised a $150 million Series E funding with a goal of reaching 95% of the U.S. homeowner population in the next year. 

  • 4x more coverage for computers and home office equipment – If you work from home or simply enjoy expensive hardware this is a major perk.
  • Complimentary smart home monitoring system – Hippo provides a kit with sensors that can protect your property from water damage, fire and theft, and applies a smart home discount to policyholders who install it.
  • Quotes in 60 seconds or less – The company leverages technology to provide a fast and easy quoting and sales process online.
  • Newer company – The lack of history makes it hard to know how the company will respond to major disasters, although Hippo is backed by two major insurance companies (Topa and Spinnaker)
  • Coverage only in 30 states – Hippo currently covers only 70% of the U.S. population, but its aiming to reach 95% in the next year.

Hippo Home Insurance Highlights


While you will need to reach out to Hippo for an exact price quote, you can expect to see some savings vs. the competition. As the company states, it can pass on savings to you thanks to, “modernizing home insurance to fit today’s lifestyles.” In other words, the company builds plans that efficiently target where you need coverage and where you don’t.

For example, the company has a 4x higher coverage limit for some electronics. Additionally, Hippo  uses proactive technology (like the complimentary smart home monitoring system) to lower overall costs by catching small problems before they become major issues.

Customer experience

Some of the more traditional review sources don’t have ratings for Hippo Home Insurance just yet, but there is plenty of information out there to draw a conclusion about the customer experience at Hippo Home Insurance. Across 2,000 + verified reviews on the company’s website, Hippo has a 4.9/5.0 rating. Additionally, the company has an A-Excellent rating with AM Best, a leading reporting bureau within the insurance industry.


Hippo Insurance offers coverage across all the major categories—dwelling, liability, other structures, and personal belongings. As you drill down to more of the specifics of coverage available, you see a lot of great attention to detail.

For example, you can get 4x more coverage for computers and home office equipment, enhanced coverage for electronics, coverage for local law changes, full replacement cost, and even a 25% increase in coverage if there’s a sudden surge in the price of labor or materials.

Your exact coverage will depend on what you get in your policy, but expect to see a lot of flexibility with options built for the 21st century. A good first step is determining the value of your belongings and home to see what you might need in terms of coverage limits.

Deals, discounts, and add-ons

Compared with the rest of the industry Hippo Home Insurance boasts savings of up to 25% on your premiums thanks to how the company structures its coverage. Hippo adds and subtracts coverage to best fit where you need it, which means you’re not paying for more than you need to.

Additionally, policyholders that install the complimentary smart home monitoring system receive a smart home discount.

The Bottom Line

This Hippo Insurance review gives you a great look into a newer home insurance company focusing on building for the future. With extensive attention paid to electronics, smart home monitoring, and efficient policies, you can expect to get the coverage you need without paying more than you need to.

The one major drawback to the company is that it only services 30 different states as of now. However, the company boasts that it’s actively working on expanding its service area to more states in the near future. If you’re currently in an area where Hippo services, you should reach out to see what the company can do for you. And the fact that you can get a quote in under 60 seconds? No reason not to at least explore your options.

Hippo Home Insurance FAQ

About the Authors

Jason Lee is a seasoned writer with a passion for writing about insurance, banking, and personal finance. As a Las Vegas local and area business owner for a decade, he knows the ins and outs of the city better than anyone.