Covered provides an integrated online marketplace and proprietary technology that lets consumers quote, compare, and purchase homeowners insurance in minutes, including during loan origination. Its end-to-end software integrates with banking and lending platforms and partners with mortgage lending, servicing, and real estate providers to accelerate closings and improve borrower retention and engagement. Covered offers unbiased options from 19 major national carriers and is a licensed insurance agency in 48 states. The company emphasizes a consumer-first, human-plus-digital approach and has received industry recognition including HousingWire Tech100 awards. Covered is based in Denver, Colorado and was founded by Ross Diedrich and Chris Diedrich. The company intends to expand its reach into the mortgage ecosystem with comprehensive insurance offerings, supported by strategic partners. Covered Insurance is a tech-driven insurance agency that lets consumers quickly compare multiple insurance quotes and receive immediate assistance from trained, licensed insurance agents and mortgage lenders. The platform enables agents and lenders to instantly offer multiple insurance quotes to borrowers. Covered is partnered with Travelers, Encompass, Dairyland, Safeco, Stillwater, Progressive, Hanover and other major carriers. The company raised $700K in seed funding to support growth. Led by co-founder and CEO Ross Diedrich and based in Denver, CO, Covered plans to use the funds to accelerate expansion into markets across the United States.

Total raised

$1M

Funding rounds

2

Latest round

Seed

Latest activity

Jun 2017