Benefitfocus Expands Property Product Suite in BenefitsPlace with Renters Insurance
BenefitsPlace allows employers, brokers and medical insurance carriers to offer industry-leading specialty benefits products from more than 45 leading brands. The product catalog also gives consumers easy access to all categories of voluntary benefits together in one place.
"Toggle's customizable, affordable product removes barriers to purchasing this in-demand coverage," said
Toggle's digital difference
"Toggle redesigned renters insurance to create a modern digital subscription that's both user-friendly and affordable. We created unique, customizable coverage options so consumers can create the plan that's best for them," said
"Good price. I love how I can customize my plan to truly cater to my life." – Akin,
"This was so easy to use and I was very surprised that my coverage was so customizable and very affordable." –
Toggle's value to
More households are renting in the U.S. than at any time since the mid-1960s, but only 46 percent of them have renters insurance. Toggle has redesigned renters insurance to make it easier than ever to purchase this important protection. They provide customizable plans that suit different lifestyles and budgets. Renters can select from three subscription levels, priced as low as
- Credit LiftSM powered by RentTrack®, which reports on-time rent payments to all three major credit bureaus to help build a renter's credit score. On average, users see their credit scores increase by 29 points after just two months.
- Pet ParentSM offers protection for injuries caused by a renter's pet to another person, boarding costs if a covered loss makes their residence unfit to live in and damage caused by their pet.
- Side Hustle® covers items customers use to make extra income, like sound equipment for a DJ. This option also covers personal injury for social influencers and lost wages due to a covered loss.
- Technology Coverage protects personal technology devices in the event of damage or loss
All Toggle coverages include Always-On Portability, allowing renters' belongings to be covered at home, on the road, during a move or anywhere they travel in the world.
Find out more about how Toggle's customizable plans help renters protect their property.
To find out more about the full range of health, wealth, property and lifestyle benefits offered by
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Toggle is a brand name of Farmers® Insurance and is underwritten by
Except for historical information, all of the statements, expectations, and assumptions contained in this press release are forward-looking statements. Actual results or performance might differ materially from those explicit or implicit in the forward-looking statements. Important factors that could cause actual results to differ materially include: our ability to maintain our culture and recruit and retain qualified personnel; the need to innovate and provide useful products and services; success of our strategic relationships with third parties, including brokers; our ability to compete effectively; management of growth; the immature and volatile nature of the market for our products and services; risks related to changing healthcare and other applicable regulations; privacy; security and other risks associated with our business; and the other risk factors set forth from time to time in our
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Benefitfocus, Inc., 843-284-1052 ext. 3527, firstname.lastname@example.org.