Honeycomb - Bringing Simplicity and Transparency to Commercial Real Estate Insurance

The Honeycomb Difference

Bringing simplicity and transparency to real estate insurance

Building on Experience

We're a group of insurance industry veterans, AI experts, and big data wranglers who've been building insurance technologies long before the term "InsureTech" was coined — now we're driving what it means for the future.

People-Focused, tech-driven

We're simplifying the way you navigate the real estate insurance process at every point, which makes finding better coverage at a more affordable price easier than ever before.

About Honeycomb

  • How does buying insurance from Honeycomb different from buying from any other carrier?

    Real Time & Online – Honeycomb is the only place where you can buy a condo/apartment building master policy online in less than 5 minutes.

    More affordable – we give discounts no other carrier does, because we are solely focused on real estate insurance and have unique proprietary right-pricing technology. We help you figure out what coverage you really need, we provide you with multiple expertly designed quotes, we use state-of-the-art, cost-saving technology.

    Top-rated – Our insurance program is AM Best A- (Excellent) rated and backed by top 20 worldwide reinsurers who have been in the business for nearly a century.

    Choice – our unique online approach allows you to easily customize coverage to your needs. Try as many options as you like and get updated quotes instantly. With other carriers, making even small changes can take a few days and involves multiple emails and phone calls. Not with us!

    Insurance, on your terms – Whether you prefer to buy insurance online, over the phone, or through your existing insurance broker, Honeycomb will deliver the best insurance options to you instantly in any way you choose.

    Easy – Whereas other carries ask you nearly 100 questions on a paper insurance application form, we leverage our technology platform to ask only the absolutely necessary questions, which we then use to provide you with multiple real-time bindable quotes.

  • I already have coverage, so why shouldn't I just stick with my current coverage?

    If you like leaving money on the table, you can, but getting a competitive quote from Honeycomb will only take you a few minutes, and give you a potentially better option for your insurance. You can even send us your existing policy and we will do all the work to save you up to 40% on the same or better coverage. We will also take care of canceling your existing policy, so it’s really a no-brainer to check us out! Challenge us!

  • What happens if Honeycomb goes out of business? Am I still going to be covered?

    Honeycomb insurance policies are owned and covered buy large insurance and reinsurance carriers, holding billions of risk capital mandated by strict US regulations. Even in the extremely unlikely event that Honeycomb goes out of business, you can rest assured that your property will still be fully covered by our trusted partners committed to providing the same level of care and coverage.

  • What is your financial strength rating?

    Honeycomb’s insurance policies are issued by a highly reputable insurance carrier rated A- (Excellent) for financial strength by AM Best.

  • How long have you been selling insurance for?

    Honeycomb was founded in 2019 by insurance industry veterans who previously built and managed over $100M insurance businesses throughout the last 20 years like Insurance.com and carinsurance.com.

    Our partner carriers and reinsurers (who are the ones responsible to pay your claims) have been in business for many decades.

Insurance Coverage

  • Insurance is complicated, and I am not sure what coverage I need. How does Honeycomb help me figure out what coverage I actually need?

    Honeycomb prides itself on the technology it built which makes the process of buying insurance easier, seamless, and more affordable. But this doesn’t come at the expense of providing you the best guidance by highly experienced licensed insurance agents and advisors.

    Give us a call anytime or chat with us online and we promise to help you figure out the best coverage for you. Prefer to work through a traditional insurance agent/broker? Honeycomb works with a select group of trusted agencies.

    Either way, we will make sure to provide you with unlimited expert advice to make sure the coverage you obtain fits your specific needs. To start the process and be connected to one of our professionals To start the process and be connected to one of our professionals click here.

  • Does my Condo or Homeowner Association (COA/HOA) have to purchase insurance?

    The short answer is “often yes.” The Covenants Restrictions & Regulations or CC&Rs of your Homeowner Association or Condominium Association define whether or not your COA/HOA is required to maintain a master insurance policy and the details of coverage that needs to be maintained.

    In the vast majority of cases, the CC&Rs do require a master insurance policy to be purchased and maintained. In addition, if any of the home/condo owners used a mortgage to purchase or refinance (which is almost always the case), their lender will require to see proof that the building is covered by a master policy.

  • What is typically included in a condo/apartment building master insurance policy?

    A master insurance policy (whether for a condo association/HOA of for a multifamily rental property) typically includes the following components:

    Commercial Property - This policy is intended to cover property damage to the building and common areas.

    Commercial General Liability - This insurance policy protects the HOA/building owner against liability for claims alleging third bodily injury and/or property damage.

Claims

  • How do I submit a claim?

    Honeycomb is designed to make purchasing and managing insurance simpler and more efficient, but sometimes there’s no substitute for a good old-fashioned person-to-person connection. Our claims management team stands by to be of prompt help to you at the event of a claim. Just give us a call at 1-800-315-6090 24 hours a day, 7 days a week, and we will immediately start processing your claim.

Management Team

Itai Ben-Zaken

Co-Founder & CEO

Insurance GM at NASDAQ:QNST

Managed $100M portfolio of online insurance comparison products

Nimrod Sadot

Co-Founder & CTO

Versatile hands-on software leader with more than 15 years of experience

Stanford PhD

Manny Rios

Co-Founder & CUO

Chief Underwriting Officer of USAA

Former CEO of American Modern

Adam Cherubini

Co-Founder & CRO

25 year insurance industry veteran

Insurance SVP at NASDAQ:QNST

Better coverage is closer than you think

  • Tell us about your property
  • Get an instant, personalized quote
  • Enjoy up to 40% savings