Branch®, a full-stack insurance business that uses technology, data, and automation to make home and vehicle insurance more accessible and affordable, has introduced condo insurance, increasing its selection of instantly bindable products. Condo insurance will be launched across Branch's accessible states, beginning with Ohio, in the coming months.
Branch transformed the purchasing process by needing just a consumer's name and address to get an instant estimate for combined home and vehicle insurance. The National Association of Realtors reports that more than 10% of existing home sales in the last three years were condos. By offering a condo product, Branch can provide quick bundling to millions of more homeowners.
Branch co-founder and CEO, Steve Lekas, said, "Bundling has always been at the core of what Branch can do, so we're thrilled to offer another product to help consumers quickly and easily bundle their insurance." He added, "By enabling more people to access Branch's bundle, and the deep savings that come with it, we're taking meaningful steps towards our mission of getting more people insured."
(Source – PR Newswire)
Including a condo product adds tremendous value to Branch's rapidly expanding independent agency channel, allowing Branch-appointed agents to meet their customers' insurance requirements better. Moreover, by increasing its product offerings, Branch provides its partners with a seamless, integrated experience. On the Branch website, consumers can rapidly acquire condo insurance with only a few pieces of information and bundle it with vehicle insurance.
About Branch®
Branch®, is a company that provides home and car insurance that is easy to purchase and designed to save money. Through its groundbreaking instant-bind capabilities, Branch eliminates all of the hassle involved with obtaining coverage, making it simple for clients to combine home and vehicle insurance. The Branch Insurance Exchange was designed as a reciprocal exchange to make insurance more accessible and inexpensive for everybody. Branch is a public benefit corporation and a certified B corporation dedicated to achieving the highest levels of social and environmental performance and responsibility.