Hippo went public last month. Credit: todd kent on Unsplash.

Hippo, a home insurance group, has launched its Builders Program to offer home insurance directly to buyers of newly built homes.

The new offering allows the integration of bespoke insurance solutions into the digital mortgage and title process.

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Hippo Builders Program includes an insurance agency that compares quotes from different carriers and offers tailored coverage for each model home.

It also offers smart home integrations to support home protection and reduce insurance costs.

The insurer first tested its programme in 2019 with Lennar, a homebuilder and claims to have onboarded several homebuilders such as Hovnanian Enterprises.

Hippo chief revenue officer Yuval Harry said: “The process of buying a home is one of the most exciting and overwhelming times in a person’s life, and we are closely aligned with the home builders who are on the front lines with today’s buyers to deliver a delightfully simple home purchase experience with modern coverage tailor-made for every home.”

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Lennar executive chairman Stuart Miller said: “Hippo has pioneered a personalised home insurance product that brings the same calibre of innovation that we have incorporated into our homes and customer experience.”

“Offering Lennar customers home insurance customised to their new Lennar home with top-notch pricing and proactive protection sets them up for a delightful homeownership experience.”

Notably, Hippo recently went public post a $550m merger deal with special purpose acquisition company Reinvent Technology Partners Z (RTPZ).