Is Hippo a good stock to buy?

Is Hippo a good stock to buy?

Its cash position, despite its high cash costs, is pretty good, with $900 million of cash remaining at the close of the quarter. Price wise, Hippo is certainly trading at an attractive discount.

What makes Hippo Insurance different?

Hippo offers extremely extensive coverage, including all basic protections in addition to optional add-ons like service line coverage and water backup coverage—at no extra cost. Hippo’s discounts are also comprehensive.

What kind of insurance is Hippo?

homeowners insuranceHippo is headquartered in Palo Alto, Calif., and its focus is on homeowners insurance. An insurance company that was launched in 2015 and started offering insurance in 2017, it leans on data and artificial intelligence (AI) to provide comprehensive coverage.

Where does hippopotamus live?

AfricaWhere do hippopotamuses live? Two hippo species are found in Africa. The common hippo (also known as the large hippo), found in East Africa, occurs south of the Sahara. The other much smaller species of hippo is the pygmy hippopotamus.

How much is hippo insurance worth?

In July, $100 million was raised in new venture capital, led by Mary Meeker’s Bond Capital, bringing Hippo’s valuation to $1 billion.