With the Home Insurance Module, we’re taking empowerment one step further -- reminding eligible homeowners to check-in with their insurance before it auto-renews.

Helping make sure your clients are appropriately insured and aren't overpaying will not only increase like-ability and chance for referrals, it will also allow you to leverage and strengthen your relationship with trusted insurance agents or agencies.

Clients may start reaching out regarding their mortgage insurance options which is when you’ll receive an email notification saying the following:

Please note: This is a once-per-year reminder module, only showing 90 days before the date the home was purchased. The insurance expiration is based on the sold date listed for the client. Learn how to update the home facts here.

HOW IT WORKS

When eligible, homeowners will see a notification in the What’s Important Now section:

They’ll also see Homebot’s risk-o-meter under their refi scenarios, showing if the homeowner is at low, moderate, or high risk of overpaying and being underinsured.

How is it calculated? The risk-o-meter assumes the homeowner has not changed insurance since the purchase of the home. Based on this assumption, the longer the homeowner is in the home - the higher risk they are for overpaying.

  • 1 year = Low
  • 2 years = Medium
  • 3+ years = High

By clicking the ‘What Now?’ button, your client can learn more about why they may be at high risk and contact you for guidance:

TIP: If getting a policy is the right decision for your client, have resources ready to support them. For example, a pre-written hand off an email to a trusted insurance agent or a list of preferred insurance agencies and their options.

Have questions or need support? Send us a chat using the pink message bubble to the right!

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