Press release
Protect what you love: Renters can now purchase renters insurance on Zillow
Zillow now provides direct access to renters insurance through a partnership with Homesite, where renters can get coverage for personal property and more
About this update from Zillow Group, Inc.
[{"type":"text","content":"Zillow now provides direct access to renters insurance through a partnership with Homesite, where renters can get coverage for personal property and more\nSEATTLE, Sept. 7, 2023 /PRNewswire/ -- Zillow is simplifying another step in the renting journey by introducing renters insurance in partnership with Homesite. Renters can now conveniently purchase a policy through the Zillow app or website at key points in their journey, — whether it's when they sign their lease or after they've settled into their new place.\n\n \n \n \n \n \n \n\n \nAn online survey1 of current and prospective renters conducted by Zillow found that 50% have renters insurance. Of the renters who said they did not have renters insurance, 1 in 4 noted it was because they didn't know enough about it to determine whether they needed it. In most cases, a landlord's insurance does not protect renters or their personal belongings, and that's where renters insurance comes in. Now, Zillow makes it easier for renters to learn about what renters insurance covers and decide what coverage and amounts work best for them.\nAccording to Zillow research, most landlords (56%) said that tenants having renters insurance is \"essential\" when tenants rent a property from them. This means that many landlords require tenants to have insurance and even present proof of coverage before moving in. Now, when renters purchase a policy through Zillow, they can easily share their policy documents with their landlord.\n\"Renters insurance is important for both tenants and landlords, and now renters can conveniently get a quote and purchase a plan through Zillow, making their move that much easier,\" said Michael Sherman, vice president of Zillow Rentals. \"Zillow aims to simplify the moving process and make life easier for renters. We understand the importance of crossing off those essential to-do list items, and now we're excited to offer a seamless solution to protecting renters' belongings.\"\nRenters insurance is the latest addition to the Zillow Rentals all-in-one platform. From finding the perfect rental, applying, signing a lease, purchasing insurance and paying rent, everything can now be accomplished easily and in one place.\nRenters insurance through Zillow is now available in 49 states and Washington, D.C. To date, more than 1,500 renters have already secured policies through Zi...