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Awards

2020 HW Tech100 Mortgage winner: Covered Insurance Solutions

Digital insurance marketplace making insurance shopping smarter

Covered Insurance Solutions is a digital insurance marketplace making insurance shopping smarter and simpler through its integration with partners in the loan origination, servicing and real estate channels. Covered plays a critical role in the digital mortgage by providing unbiased insurance options at exactly the right time in each mortgage transaction. Covered’s technology enables its partners to include insurance shopping as part of their mortgage processes, cutting down on closing times and costs, and delighting customers through an excellent experience.

  • Covered digitizes the once-analog homeowners insurance process, providing fast, accurate and actionable quotes from top insurance carriers in 60 seconds.
  • Partners continue to increase engagement, with the company’s primary loan origination partner increasing engagement 300% this year while reducing average time to close.
  • Get quotes in two minutes instead of more than 2 hours from over 10 insurance companies.

www.itscovered.com

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The story for the housing market over the past three years has been, “Home sales are down, home prices are up.” Because inventory was so restricted after the pandemic, prices pushed higher even as demand weakened. That story may finally be inverting as unsold inventory of homes is now great enough that home prices are […]