Customers could save $517 on annual premiums
Mortgage originator and servicer Home Point Financial has entered a partnership with digital insurance agency Matic to offer mortgage servicing customers competitively priced homeowner insurance.
Through the partnership, Matic will analyze Home Point customer’s existing homeowner insurance coverage and find those who could turn to another A-rated insurance carrier to save money.
According to the company, customers could save an average of $517 on annual premiums.
Matic’s system could also help loan officers and mortgage servicers close deals quicker, as it can rapidly shop for rates with several carriers in real time.
“At Home Point, we value the relationship we have with our customers,” said Brian Brizard, chief operations officer of Home Point. “We constantly seek ways to improve their lives and their finances. Our partnership with Matic gives Home Point customers access to a fast and efficient way to insure their home with confidence.”
“Integrating homeowners insurance into the mortgage loan process is a win-win for Home Point’s customers,” Matic Co-founder and CEO Ben Madick said. “Matic helps Home Point stay connected with its customers in the best possible way — by providing a quick and potentially cost-saving way to find the right homeowners coverage for their mortgage loan.”
