Spotty claims experience thus far. They hand off their adjusting to a third party that has crappy customer service. You're just a number in a bucket. Their 3rd party adjuster emailed me that the "repo... See more
Company replied
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Spotty claims experience thus far. They hand off their adjusting to a third party that has crappy customer service. You're just a number in a bucket. Their 3rd party adjuster emailed me that the "repo... See more
Company replied
Rating platform is great! Issuance is also an easy process. Pricing and tailored coverages are spot on. The renewal process is a bit confusing as far as who gets what (agent & insured) re: policy &... See more
Company replied
Fantastic company. I've worked with many insurance carriers over the past 15 years and Honeycomb is one of the best partners we've had the pleasure of doing business with. The rating system is great... See more
Company replied
Most insurance agents push papers. Wendy? She took time to understand my needs deeply—one policy at a time. She didn’t just sell me insurance; she engineered my protection strategy. She listened, ed... See more
Company replied
Written by the company
Real Estate Insurance Reinvented
Honeycomb is reinventing real-estate insurance with state-of-the-art technology that eliminates the need for on-site physical inspections to assess risk, utilizing instead aerial photography, computer vision, artificial intelligence and machine learning.
Why Honeycomb
Insurance Products
141 W Jackson Blvd, Suite 1510A, 60604, Chicago, United States
No recent history of asking for reviews
This company hasn't invited customers recently, so reviews may not be representative
Replied to 100% of negative reviews
Typically replies within 48 hours
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Easy underwriting process & great coverages for HOA's, Single Family Rentals & Apartments.

Reply from Honeycomb Insurance
It was quick quotes and the total process was simple and efficient.

Reply from Honeycomb Insurance
efertless to obtain insurance. fast communication

Reply from Honeycomb Insurance
Honeycomb is fast, great and reliable. Friendly customer service.

Reply from Honeycomb Insurance
Jorge Ortiz was able to work with me and receive a pricing that works.

Reply from Honeycomb Insurance
We originally had a valid/bindable quote for one of our client's apartment complexes. The closing date had been pushed back a few times and by the time we were ready to bind, we had to re submit the quote as ours expired. After resubmitting we received a declination last minute with 2 days before closing. This was extremely unprofessional and made us look bad in the eyes of our client.

Reply from Honeycomb Insurance

Reply from Honeycomb Insurance

Reply from Honeycomb Insurance
Speed of submissions under review could be faster. Often no call back or email back. When its approved, its great.

Reply from Honeycomb Insurance
Platform and staff is great. Coverages are easy to add etc. Inspections need to be figured out. Its sometimes not easy for a property manager to get inside access to a unit. Perhaps give an option to skip certain steps and go back with the data saved. Additionally the time clock should not start for payment, signatures and inspections immediately after binding. It should start at the time of the effective date. In some cases the payment is required before the policy is even active.
Turn around time to get approved is too long.

Reply from Honeycomb Insurance
From an agency perspective getting a quote is total hit or miss, probably 70% of accounts we submit are declined. Functionality isn't fluid, systems don't work like most companies. For example, customer sends a check, you receive it but won't mark the account paid until the check clears and it appears like you don't even check you just place a 7 day waiting period to post the payment.

Reply from Honeycomb Insurance

Reply from Honeycomb Insurance

Reply from Honeycomb Insurance
I love the ease of your quoting platform, but it's been very difficult to get approvals on most of the risks we run through the system. Almost always, we receive the following declination reasoning: "We will have to take a pass due to the individual scoring on this account computed by proprietary algorithm assessing 1st and 3rd party data, computer vision and AI assessments has determined that this risk would underperform against industry results and company underwriting goals". Thereafter the declination, I call to ask for an explanation, and no one can give me a valid response. On multiple occasions, our insured's have clean loss histories, managed by a property a management company, consistent tenants, and have been the owner for many years, etc.. It would help to understand the decision making process.

Reply from Honeycomb Insurance
As an agent for Honeycomb, I'm please with their fast service and direct communications.

Reply from Honeycomb Insurance
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