Vivint Smart Home has announced it will be partnering with Goosehead Insurance, Inc., a rapidly growing, independent personal lines insurance agency to develop and deliver home insurance solutions. The collaboration, according to both companies, is meant to simplify the process of protecting and securing homes for consumers, thereby reducing claims and losses.
Through this partnership, Goosehead and Vivint will collaborate on developing new services and offerings that will leverage the latest advancements in smart home technology and insurance services. This, each company notes, will allow for more personalized service options for clients.
As part of the partnership, Goosehead has also entered into a letter of intent to acquire Vivint Insurance Agency’s current book of business. Through this arrangement, Goosehead would provide service and support for Vivint’s insurance clients as Vivint shifts its insurance strategy into a partnership model.
“We continue to see increased momentum around the independent insurance distribution model as consumers look for the power of choice and more efficient experiences, and our partnership with Vivint enables us to provide a more comprehensive and integrated home ownership experience,” said Justin Ricketts, Executive Vice President, Technology and Partnerships at Goosehead Insurance.
“By combining our industry-leading insurance model with Vivint’s cutting-edge smart home technology, we’re able to offer a truly innovative solution that sets a new standard for the industry and meets the evolving needs of today’s consumer.”
2024 Lighting Controls and Fixtures Report
Lightapalooza took place in late February, and the growth of the event has mirrored the rapid ascension lighting fixtures and controls.Download your copy now!
Vivint customers will also gain access to Goosehead’s agents and Digital Agent Platform as part of the arrangement. According to Goosehead, the Digital Agent Platform is a quoting platform that provides a straightforward and efficient way to find the right home insurance coverage at the best price.
Goosehead clients with Vivint systems will also be able to take advantage of additional insurance discounts. Additionally, these customers will be given access to exclusive offers from Vivint to help “further protect and secure their homes.
“We’re excited to partner with Goosehead Insurance as we transition our insurance strategy to a partnership model,” said Rasesh Patel, President, Vivint.
“When we entered the insurance space, we knew it would be a natural complement to our smart home offering and that long term, our technology could be used to reduce customer claims and losses while simultaneously improving customer experience. By integrating our smart home technology with Goosehead’s insurance services, we’re able to expand on that vision and together provide an all-in-one solution that gives homeowners greater control over their homes and insurance policies.”
The partnership between Vivint Smart Home and Goosehead Insurance is set to launch in May and will be available to homeowners across the United States.
If you enjoyed this article and want to receive more valuable industry content like this, click here to sign up for our digital newsletters!