Accessing your insurance policy documents should be simple, fast, and secure. That’s why we’re excited to announce the launch of our brand-new Online Document Portal, designed to make accessing and managing your insurance policies easier than ever. If you’re tired of sifting through piles of paper or waiting for documents to arrive in the mail, our digital portal is here to streamline the process and give you more control.
If you are ready to sign up for the portal now, just click here to fill out the form or call us at (833) 922-6266
Want to understand why to use the portal? Keep reading and we’ll walk you through the top 6 benefits of signing up for our Online Document Portal.
1. Access Your Documents Anytime, Anywhere
With our new Online Document Portal, you can access digital copies of your insurance policies, billing information, and other essential documents whenever you need them. Whether you’re at home, at work, or on the go, all your important documents are just a click away. No more waiting for paper copies to arrive in the mail—everything is right at your fingertips.
2. Say Goodbye to Paperwork
Why deal with the hassle of paper documents when you can manage everything digitally? By signing up for our portal, you’ll no longer have to worry about losing or misplacing important paperwork. Everything you need will be stored securely ready for you to access or download at any time. It’s a paperless solution that helps reduce clutter and keeps your documents organized.
3. Instant Access in Emergencies
Emergencies don’t give you a heads-up, which is why having quick access to your insurance documents is crucial. Whether you need to provide documentation or need to file a claim, our Online Document Portal allows you to retrieve your policy details in real-time. You can quickly check your coverage, and get the help you need without any delays.
4. Environmental Benefits
By transitioning to an online document portal, you’re helping the environment too! Going paperless reduces waste and eliminates the need for printed materials. No more paper stacks piling up in your home, and no more waiting for documents to be mailed. You’re not only simplifying your life, but you’re also making a positive impact on the planet.
5. Enhanced Security and Privacy
When it comes to your personal information, security is paramount. Our Online Document Portal is equipped with the latest encryption technology to protect your sensitive data. You’ll have peace of mind knowing that your documents are stored safely.
6. Simple, User-Friendly Interface
We’ve designed our Online Document Portal with you in mind. It’s intuitive, easy to navigate, and accessible even if you’re not tech-savvy. Whether you’re accessing your documents on your desktop computer or mobile device, you’ll find it simple. No confusing menus, no unnecessary steps—just a straightforward experience that gets you what you need, fast.
Why Sign Up Today?
The launch of our new Online Document Portal is a game-changer in how you manage your insurance documents. By signing up, you’ll gain more control, enjoy greater convenience, and benefit from enhanced security and efficiency. Whether you’re looking to save time, reduce paperwork, or simply make your life easier, this digital solution has something for everyone.
Signing up is quick and easy—just click here or call us at (833) 922-6266 to start enjoying all the benefits of our Online Document Portal . Take the first step toward simplifying your insurance management and unlocking a more efficient, secure way to keep track of your policies.
Choosing the perfect gift can be challenging, but we’ve got you more than covered! Whether it’s for someone new to their property or a long-time resident, the right gift can make a lasting impact by combining thoughtfulness with practicality. This holiday season, let the spirit of “Peace on Earth” translate into peace of mind with gifts that enhance safety, convenience, and comfort at home.
Here are 9 must-have gifts for homeowners that blend function with flair, ensuring a stress-free and secure living environment:
- Smart/Connected Smoke and Carbon Monoxide Detectors ($$)Why we suggest it:
- Instant Notifications: Receive alerts directly to your phone if smoke or carbon monoxide is detected.
- Smart Home Integration: Seamlessly connects with other smart devices.
- Dual Detection: Monitors both smoke and CO2, offering added safety.
- Insurance Benefits: Potential discounts on homeowners insurance.
- Connected Home Security System ($-$$$$)
Why we suggest it:- Crime Deterrence: A visible security system can prevent break-ins.
- Remote Monitoring: Monitor your home from anywhere via your phone or tablet.
- Emergency Assistance: Automatic notifications to medical or police services in case of an emergency.
- Smart Alerts: Receive instant updates on unusual activity.
- Risk Reduction: Early detection of potential threats like fire, break-ins, or even plumbing issues.
- Insurance Benefits: Potential discounts on homeowners insurance.
- Connected Water Sensor with Automatic Water Shut-Off ($$$)
Why we suggest it:- Prevent Property Damage: Detect water leaks early to avoid costly damage.
- Potential Savings: Help reduce water bills by detecting leaks quickly.
- Health Benefits: Prevent mold or mildew growth by stopping leaks at the source.
- Increase Property Value: Smart home features are attractive to potential buyers.
- Insurance Perks: Potential discounts on homeowners insurance.
- Smart/Connected Gas Leak Detector ($-$$)
Why we suggest it:- Instant Notifications: Alerts you to gas leaks, preventing potential danger.
- Precise Leak Location: Identifies the exact spot of the leak.
- Automated Safety: Some models can automatically shut off gas supply in case of a detected leak.
- Smart Home Integration: Works with other devices in your home for comprehensive safety.
- Insurance Perks: Potential discounts on homeowners insurance.
- Smart/Connected Thermostat ($-$$)
Why we suggest it:- Energy Efficiency: Adjusts temperature settings based on occupancy and time of day, helping save on energy costs.
- Remote Control: Manage your home’s temperature from anywhere via your smartphone.
- Risk Reduction: Helps prevent frozen pipes and other temperature-related issues.
- Insurance Perks: Potential discounts on homeowners insurance.
- Surge Protector ($)
Why we suggest it:- Risk Reduction: Protects electronics and appliances from power surges caused by storms or electrical issues.
- Affordable and Effective: A budget-friendly gift with long-term benefits.
- Prevents Damage: Safeguards valuable gadgets and home systems.
- Fireproof Safe ($-$$$$)
Why we suggest it:- Protect Valuables: Keep important documents, jewelry, and other valuable items safe from theft or fire.
- Peace of Mind: Secure storage for everything that matters most, especially in the event of a disaster.
- Variety of Sizes: Choose from small, personal safes or larger options for family heirlooms.
- Connected Video Doorbell ($-$$)
Why we suggest it:- Enhanced Security: View and interact with visitors from anywhere via your smartphone.
- Smart Integration: Pairs with your home security system and other smart devices.
- Remote Monitoring: Receive alerts when someone is at your door, even if you’re not home.
- Insurance Benefits: Potential for discounts on homeowner’s insurance with added security features.
- Smart Door Locks ($-$$)
Why we suggest it:- Increased Security: Keyless entry ensures no one can “pick” your lock.
- Remote Access: Lock or unlock doors from anywhere—great for managing access for guests or service personnel.
- Convenience: Eliminate the need for physical keys, reducing the risk of losing them.
These thoughtful and practical gifts go beyond just making life easier—they enhance the safety and security of a home, reduce risk, and may even lower insurance premiums. Whether you’re gifting to a first-time homeowner or someone who’s been in their home for years, these items are sure to make a lasting impact.
Give the gift of peace of mind this holiday season, and help your loved ones safeguard their homes and everything inside.
We’re thrilled to announce that Bamboo Insurance has been honored by The Salt Lake Tribune as a 2024 Top Workplace! As one of 154 standout companies in the Salt Lake City area, Bamboo Insurance is recognized for our commitment to fostering a supportive, inclusive, and genuine workplace culture.
“Earning a Top Workplaces award is a badge of honor for companies, especially because it comes authentically from their employees,” said Eric Rubino, Energage CEO. “That’s something to be proud of. In today’s market, leaders must ensure they’re allowing employees to have a voice and be heard. That’s paramount. Top Workplaces do this, and it pays dividends.”
This list is based solely on employee feedback gathered through a third-party survey administered by employee engagement technology partner Energage, LLC. The confidential survey uniquely measures the employee experience and its component themes, including employees feeling Respected & Supported, Enabled to Grow, and Empowered to Execute, to name a few.
To learn more, visit topworkplaces.sltrib.com or check out our Top Workplaces company profile.
We’re excited to share that Bamboo Insurance has been recognized as a Top Insurance Employer by Insurance Business Magazine, a trusted business magazine featuring news and business intelligence from within the insurance space.
Through an optional survey, our employees had the opportunity to share their experiences working at Bamboo with Insurance Business Magazine. They provided candid feedback on various aspects such as pay, benefits, DE&I, and career development. This feedback helped IBA identify the top workplaces in the insurance industry.
Here’s a breakdown of how organizations are chosen (Source: insurancebusinessmag.com)
Insurance Business America invited organizations to participate by explaining their various offerings and practices. Employees nationwide were then asked to evaluate their workplace on a number of metrics:
- benefits
- compensation
- culture
- employee development
Each entrant had to reach a minimum number of employee responses based on its overall size, with the best earning the title of IBA Top Insurance Employers for 2024.
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Find IBA’s full list of Top Insurance Employers here.
In addition to this, we were also recognized this year as a Fastest-Growing Private Company in America by Inc.
Phyn, the leader in intelligent water solutions, today announced that it is joining forces with Bamboo, a property and casualty insurance organization that prioritizes simplicity, transparency, and savings, to protect homes from water-related loss and help address the challenges California residents face in securing dependable homeowners insurance. The partnership offers eligible Bamboo policyholders a 10% discount* on insurance premiums for homeowners who install Phyn Plus and a 15% discount on the Phyn product suite.
In a landscape where California’s insurance market is experiencing unprecedented challenges with many insurers leaving the state, many homeowners face limited options and higher costs. Bamboo has stepped up to ensure Californians can secure reliable and affordable homeowners insurance. Phyn’s solutions protect a home’s plumbing system to prevent leaks and ensure it is watertight while empowering homeowners to conserve and avoid unnecessary water loss.
“With our roots in California, Phyn is proud to partner with Bamboo as they double down on their commitment to the state and continue to offer Californians quality insurance options while empowering them with the tools to protect their homes from unnecessary water damage and reduce water loss,” said Ryan Kim, CEO, Phyn.
“At Bamboo, we’re committed to continually innovating and finding solutions to ensure we deliver an insurance experience that puts our customers first, even in a high-risk environment,” added Brian Suzuki, Bamboo Insurance Chief Insurance Officer. “We’re excited to partner with Phyn to offer its cutting-edge smart water solutions, providing an option to our policyholders that protects their homes from water damage and conserves water, while continuing to be a solid option for Californians struggling to find reasonable coverage.”
As part of the partnership, Bamboo policyholders will get the opportunity to save on their homeowners policy, as well as save 15% on Phyn’s portfolio of smart water solutions including:
- Phyn Plus: Installed on a single location on the main water line, Phyn Plus is a powerful smart water monitor that protects homes from leak damage with unmatched accuracy and reliability and provides detailed insights into water use to help conserve and save. If it detects abnormally high water flow in your home, Phyn Plus will automatically shut off the water to mitigate costly damage.
- Phyn Smart Water Assistant: Self-installed under a sink, the DIY Phyn Smart Water Assistant monitors the water in your entire home to automatically alert you the second a leak is detected, and provide detailed insights into how each fixture in your home uses water.
- Phyn Smart Water Sensor: The puck-sized Phyn Smart Water Sensor is engineered to provide fast, early detection alerts when a leak starts or weather conditions push water into the home. As the first line of defense, the moment water comes in contact with the sensor, a notification is sent directly to your phone, the device starts flashing, and an audible alarm is triggered. When combined with Phyn Plus, it can automatically shut off the water, delivering added convenience and peace of mind.
For more information about the exclusive Phyn discounts available to Bamboo policyholders, please visit here. And explore how Phyn is reducing losses and improving homeowner protection here.
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Read the full press release here.
Click here to view the full press release.
With a three-year revenue growth of 309 percent, Bamboo Insurance ranks among America’s Fastest-Growing Private Companies.
Inc. announced today Bamboo Insurance has earned the No. 1,680 spot on the Inc. 5000 2024, its esteemed list of the fastest-growing private companies in America. This prestigious ranking offers a data-driven look at the most successful independent and entrepreneurial companies that have driven rapid revenue growth while navigating inflationary pressure and the rising costs of capital.
“Being included on the Inc. 5000 for a second consecutive year is a milestone we are incredibly proud of,” said John Chu, Bamboo’s Founder & CEO. “This achievement is a testament to the unwavering commitment our entire team demonstrates to delivering exceptional value to our partners and clients. No matter the challenge, we’ve remained focused on bringing innovative solutions to dislocated insurance markets.”
Earlier this year, White Mountains Insurance Group, Ltd. (NYSE: WTM) invested $297 million, including primary capital to support Bamboo’s growth, acquiring a 72% stake.
About Inc.
Inc. Business Media is the leading multimedia brand for entrepreneurs. Through its journalism, Inc. aims to inform, educate, and elevate the profile of our community: the risk-takers, the innovators, and the ultra-driven go-getters who are creating our future. Inc.’s award-winning work achieves a monthly brand footprint of more than 40 million across a variety of channels, including events, print, digital, video, podcasts, newsletters, and social media. Its proprietary Inc. 5000 list, produced every year since its launch as the Inc. 100 in 1982, analyzes company data to rank the fastest-growing privately held businesses in the United States. For more information, visit www.inc.com.
For this article, we’re taking it from the jewelry insurance experts and our trusted partner, Jewelers Mutual.
While most insurance policies rely on reimbursement, jewelry insurance offers a more desirable option: replacement. Here’s a breakdown of both approaches and why replacement holds the key to your peace of mind.
Reimbursement: A Common Approach, But Not Always Ideal
Traditional insurance, including jewelry coverage under homeowners’ policies, typically operates through reimbursement. Here’s the basic flow:
- You pay for coverage.
- You file a claim if your jewelry is lost, stolen, or damaged.
- The insurance company assesses the claim and determines your payout.
- You receive a check.
However, the payout amount is the crucial factor. Your compensation can be based on:
- Actual Cash Value (ACV): Your payout reflects the item’s depreciated value, leaving you responsible for any remaining replacement cost.
- Replacement Cost: You receive the amount needed to replace your jewelry, regardless of depreciation.
Replacement Cost
Jewelry’s unique nature makes replacement cost insurance highly favorable. Unlike depreciating assets like cars, jewelry’s value often remains stable or even appreciates (with the exception of lab grown diamonds). With replacement cost coverage, you’ll receive the amount required to replace what you insured, at the time you insured it. ACV has more grey areas and may even leave you with extra out-of-pocket expenses after a claim.
The Advantage of Dedicated Jewelry Insurance
Specialized jewelry insurance like Jewelers Mutual takes replacement a step further:
- Freedom of choice: We won’t limit you to working within a small network of jewelers. Choose to work with your preferred jeweler in the event you need a repair or replacement.
- Expert guidance: We employ jewelry specialists who understand the intricacies of your piece and can assist in finding a perfect match.
- Direct communication: We’ll handle the process directly with your chosen jeweler, ensuring efficient and hassle-free resolution.
Don’t Leave Your Valuables to Chance
Understanding your insurance policy is crucial, especially when protecting precious possessions like jewelry. Consider your needs and preferences to determine if replacement-focused jewelry insurance is the best fit for you.
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Source: Jewelers Mutual
Coverage is subject to underwriting review and approval, and to the actual policy terms and conditions. Any descriptions are a brief summary of coverage and are not part of any policies, nor a substitute for the actual policy language.
Coverage is offered by a member insurer of the Jewelers Mutual Group, either Jewelers Mutual Insurance Company, SI (a stock insurer) or JM Specialty Insurance Company. Policyholders of both insurers are members of Jewelers Mutual Holding Company.
We know what some of you are thinking – earthquake insurance is one of those unnecessary coverages that you’ll pay for, but probably won’t end up using. We’re here to shake that thinking up (pun intended). If you’re in an area that’s prone to earthquakes or has experienced an earthquake in the past few decades, it’s worth it to look into getting earthquake insurance. Earthquakes can cause intense damage, costing thousands of dollars. In fact, a report conducted in 2023 by the U.S. Geological Survey and FEMA estimates that earthquake damage costs the U.S. $14.7 billion dollars annually – an increase of 140% over the previous estimate from 2017.*
What is earthquake insurance, and what does it cover?
Earthquake insurance is a specialized type of insurance designed specifically for covering the cost and repairs of damage caused by earthquakes (since your standard homeowners won’t). Earthquake insurance coverage ranges from structural damage to your home (e.g., your roof, damaged walls, etc.) to replacement of personal property (e.g., your furniture, appliances, etc.). If you need to find a temporary place to stay, it can also help to cover those expenses. Keep in mind, this isn’t a one-policy-covers-all type of insurance, so make sure you run through the details of exactly what your specific earthquake insurance policy covers with your agent.
Why do I need earthquake insurance? I have a homeowners policy.
Your homeowners policy will cover many things; but one thing it doesn’t cover is damage to your home, structures, and personal property caused by earth movement (i.e., an earthquake). If your home is in an earthquake-prone area, we highly recommend looking into obtaining earthquake insurance. Good news! Our Bamboo Insurance Agency can help with finding options for you.
What factors impact the cost of earthquake insurance?
When obtaining earthquake insurance, your location, the cost of rebuilding your home, and risk tolerance are considered. All these factors impact the cost.
Does my renters insurance cover earthquakes?
Unfortunately, it doesn’t. Renters insurance is great for covering situations like vandalism, theft, fire, and other events; however, it generally doesn’t cause damage directly caused by earthquakes.
Which one is better to have? Homeowners/renters or earthquake?
If you live in an earthquake-prone area, you should look at obtaining both. Let’s say an earthquake causes a fire, and that fire causes damage to your home. In that situation, your homeowners or renters insurance policy would come in for the save. However, if the earthquake directly causes damage to your home, that’s when that earthquake insurance would really come in handy.
Looking to learn more and potentially get earthquake coverage?
Connect with one of our experienced Bamboo Agents 👉 Contact Us Page
*Source: temblor.net
Damage to the home caused by water is one of the costliest and most stressful situations homeowners deal with. Even worse? Most homeowners don’t even know they had a leak to start. The impact of water damage can result in way more than just wet floors – like potential mold growth over time, broken pipes, damaged walls, and destruction of your home’s structural integrity. In fact, according to the Insurance Information Institute, approximately 14,000 people nationwide are impacted daily from water damage.
When it comes to a leak, it’s critical to get the leak stopped and water dried up within the first 24 hours to avoid the growth of mold. The good news is that there are options for systems, like an automatic water shut off system, to keep you aware of any leaks in your home that will even shut off your water to prevent excessive damage. Even better? We’ve partnered up with Phyn, a trusted provider of property and water protection systems, to make it easy to find your ideal one.
The Phyn Plus system includes a water shut-off mechanism that leverages advanced machine learning and AI to accurately alert you the moment a leak is detected and if needed, will automatically shut off your water. The result? The avoidance of extreme damage done to your property and the costly fixes that come with it. We’ll just go ahead and add this cherry on top: When you purchase a Phyn Plus through us, you’ll get 15% off the system. Wait, it gets better: Phyn will let us know once you’ve installed it and we’ll apply 10% off your Bamboo homeowner policy’s premium**.
To learn more and get your Phyn Plus, visit this link.
About Phyn
Since Phyn’s start, they’ve shown unwavering dedication to improving users’ health, well-being, and communities by strengthening their relationship with water. Their mission is to create the best technology for a more sustainable relationship with water by reducing loss and protecting property and life on the only known planet to support humanity. Learn more about them by visiting phyn.com/pages/mission.
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Bamboo Ide8 Insurance Services (Bamboo) is Managing General Agency licensed to sell property-casualty insurance products; NPN 18657046; CA License #0M31082. Products and services are provided by Phyn, LCC, or its independent contractors and not Bamboo Ide8 Insurance Services, LLC (“Bamboo”). Bamboo has no relationship with any of Phyn LLC’s independent contractors. Selection of Phyn, LLC, and/or an independent contractor is solely the decision of the eligible policyholder. Bamboo makes no representations or warranties, express or implied, concerning Phyn, LLC, its independent contractors, Phyn Plus, or any other products or services provided by or on behalf of any of the foregoing. Please speak with your independent agent to learn about Bamboo’s coverage products. Products vary by jurisdiction, terms, and conditions and are provided by Bamboo and its insurer affiliates. Details at https://bambooinsurance.com. **Discount is available only to Bamboo homeowners’ policyholders (HO3, HO5, + E&S) in California.
It’s official, spring is here! And what better season than this one to get some tasks around the home checked off the to-do list? Compiled below are some tasks that not only feel good to get done but could also protect your home against any potential mishaps that result in costly damages.
- Change air filters: With spring comes pollen, and for those of us with allergies, having clean, high-efficiency air filters can help trap not only the pollen in the air, but also the dust and airborne particles. On top of that, you’re supporting your HVAC system’s longevity by regularly swapping out those filters (we’re talkin’ every 90 days).
- Clean your dryer vent: This may not seem too important, but regularly cleaning out your dyer’s lint filter could prevent clogs that reduce your dryer’s efficiency. Even more serious? Dirty dryer vents are a leading cause of domestic dryer fires, according to the US Fire Administration. (Source: architecturaldigest.com)
- Clean those hard-to-reach areas: When was the last time you moved your couch and vacuumed underneath? We thought so. The good news, spring’s a great time do that.
- Change batteries: Household items that are battery-operated, like smoke and carbon monoxide detectors, could probably use a new set. Instead of waiting for them to run out of juice, go ahead and swap those batteries out so you’re set for the season.
- Check your hoses: And we don’t mean the ones outside. Your washing machine hoses rupturing could create huge problems that cost a whole lot of money. Go ahead and check those to ensure there are no leaks or swelling, and if you’re feeling fancy, swap out any rubber hoses with braided hoses for more durability and longevity.
Our final tip? Make sure your homeowners insurance policy is exactly what you need. Start your personalized quote right here.