Roofstock, a real estate investment platform, has inked a partnership with Obie, an Insurtech that will enable Roofstock users to purchase insurance “in minutes.”
As many people know, purchasing a home, or investing in property, can be a laborious task. Roofstock is working to make everything easier for investors. By streamlining the insurance coverage, investors can quickly check off another task on their list.
According to a blogpost on Roofstock:
“Investors using Roofstock can now buy landlord insurance for their investment property directly through Obie, a tech-enabled national landlord insurance provider. Just as we’ve worked to simplify the buying, selling, and management processes for investors, Obie has completely reinvented the insurance process for landlords and rental property investors, claiming to save their average user up to 25% on insurance. We’ve made it easy so that in just a few minutes, you can get a quote and then buy landlord insurance without picking up the phone or leaving the platform. This innovative integration offers a streamlined, stress-free experience for investors who need insurance, or just want to see if they can save money by switching.”
Obviously, landlords want to protect their investment so insurance is vital for any project, and providing a quick path – that may save money – is a natural step for the Proptech.
Roofstock allows investors to purchase investment properties, complete ownership or fractional, manage these properties while building a portfolio of assets that is not necessarily correlated with other asset classes. To date, Roofstock has booked over $4 billion in transactions in more than 70 different markets.