Friday, December 2nd, 2022

Department expands into six new states

Branch expands into six new states

Department, a full-stack insurance coverage firm that pioneered immediately bundled residence and auto insurance coverage, has introduced that it has expanded into six new states: Idaho, Iowa, New Hampshire, South Dakota, Tennessee and Virginia. The growth brings Department’s whole attain to 25 states and permits 49% of Individuals to entry the corporate’s instant-pricing functionality.

“Solely 1 / 4 of the best way into 2022, and our momentum is displaying a promising benchmark towards our purpose of bringing protection to the entire nation earlier than the tip of the yr,” mentioned Steve Lekas, co-founder and CEO of Department. “It is a second we’ve been ready for since we began providing insurance coverage protection in 2019, and we stay dedicated to our purpose of constructing insurance coverage reasonably priced for all.”

Learn subsequent: Department Insurance coverage raises $50 million in Sequence B funding

Department mentioned it goals to be obtainable in all 50 states by the tip of 2022.

“Increasing our geographical availability brings unbelievable alternative for Department to supply our instant-bundle via extra companions and impartial businesses,” Lekas mentioned. “It’s essential to our enterprise that we provide Department wherever clients want it: on-line, on the telephone with a Department agent, throughout insurance coverage moments throughout the mortgage lending, auto lending, or residence safety buying course of, or via their trusted impartial agent.”

Department was launched in 2019 by Lekas and tech entrepreneur Joe Emison. It’s headquartered in Columbus, Ohio.

Supply hyperlink

Leave a Reply

Your email address will not be published. Required fields are marked *