Betting big on Nevada.
What’s that sound? No, it’s not wedding bells from a Vegas chapel. It’s Hippo extending home and condo insurance to nearly 685,000 homeowners across the state of Nevada. While preparing to enter the marketplace, we learned what residents already know: The state offers much more than wild nights and epic hangovers.
Beyond the neon signs and 24-hour casinos on the strip, there’s plenty of natural beauty. You can explore Lake Tahoe, Death Valley, the Great Basin National Park and Cathedral Gorge. The Sierra Nevada Mountains are begging to be hiked, biked and climbed. There are scenic drives like Highway 50 and sites worth traveling to like the Hoover Dam. If you’re looking for some culture, you can check out Old West ghost towns, see some camel racing or listen to cowboys recite poetry. And if you need homeowners insurance, now you can now turn to Hippo.
Though the name comes from the Spanish word for “snow-clad,” Nevada is made up of mostly desert and semi-arid areas. In its driest regions, annual precipitation rarely exceeds 4 inches. That leaves many communities vulnerable to wildfires. Nevada also ranks third in the country for having the most severe earthquakes. Thanks to melting snow from the mountains and torrential summer storms, floods, erosion and mudslides are also serious threats throughout the state. Tornadoes are rare, but usually occur between April and September. All of these hazards (plus a requirement from mortgage lenders) mean every Nevada homeowner should have homeowners insurance.
At Hippo, we believe in going above and beyond. In addition to traditional property and liability coverage, we cover service line and water backup issues that desert dwellers commonly face.CLICK TO TWEET
At Hippo, we believe in going above and beyond. In addition to traditional property and liability coverage, we cover service line and water backup issues that desert dwellers commonly face. Since many homeowners throughout Nevada are underinsured, we’ve added four times more coverage than the other guys for items like computers and electronic equipment. We’ve also added special coverage in case appliances and major systems break, protecting Nevadans from paying out of pocket for unpredictable AC repairs when the temperatures push past 120°F.
In case anything bad happens, Hippo customers can rest assured that their coverage is based on the replacement cost of their home rather than their property’s market value. And they can rely on our claims concierge team when they need support. All claims start and end with one point of contact, who will do whatever is necessary to ensure that homeowners remain safe and secure during hard times.
Best of all, we’ve figured out a way to provide superior coverage at a competitive price. Although homeowners insurance premiums in Nevada are lower, on average, than they are in most places across the country, insurance costs are on the rise nationwide. Now more than ever, it’s important to find the policy that’s right for your family and your wallet. For homeowners who switch to Hippo, annual premiums are 25% cheaper, on average. For Nevada residents, that means it’s possible to save around $185 each year. Depending on where you live and what you’re into, you could use those funds to pay for specialized flood and earthquake coverage, a tray of Rocky Mountain oysters or tickets to see Burning Man.
Please reach out if you live in Nevada. I’d love to learn more about the beautiful Battle Born State and show you how Hippo can save you time and money and provide coverage you can count on.