Hippo Home Insurance Review 2026

Hippo holds an A+ (Superior) financial-strength rating from AM Best — as listed in the carrier metrics. A+ is the second-highest AM Best rating tier, one notch below A++ (also Superior). This places Hippo above many regional carriers and on par with several major national carriers for financial-strength purposes. Verify the current rating at ambest.com before purchasing a policy.

Hippo offers a premium reduction for homeowners with installed smart-home monitoring devices — specifically water leak detectors, smoke/CO sensors, and security systems — as listed in the carrier data. The rationale: monitoring devices reduce claim frequency and severity. The discount amount and qualifying device list vary by state and policy; verify current discount details when obtaining a quote at hippo.com.

Standard homeowners policies typically default personal property coverage to 25–30% of the dwelling limit. Hippo's base coverage starts personal property at 50%+ of the dwelling value — a higher default coverage cap. For homeowners with significant electronics, furniture, or contents, this higher default reduces the risk of underinsurance on a standard policy. Verify actual coverage limits and sub-limits (electronics, jewelry, art) in any specific quote, since endorsements may apply.

Hippo is available in most US states but not all — as noted in the eligibility data. Availability and pricing vary by state. The most direct way to check your state is to start a quote at hippo.com, which will confirm availability immediately. ClearValue Lending earns a referral fee if you purchase through our link — see the affiliation disclosure at the top of this page.