Insurance Addendum

Last updated November 6, 2024

The Abode Residential Property Insurance Product Addendum (the “Insurance Addendum”) is incorporated into the Terms of Service (the “Agreement”) between you and Abode. All capitalized terms used and not defined herein shall have the meanings ascribed to them in the Agreement. PLEASE READ THE TERMS OF SERVICE AND INSURANCE ADDENDUM CAREFULLY.

  1. PREAMBLE. As part of the Services, Abode may assist you in managing expenses related to homeownership, including without limitation by facilitating your connection with and/or representation by third-party insurance agents, brokers, carriers, insurers, and other insurance service providers for the purpose of receiving residential property insurance quotations and other insurance services. This Agreement applies to you to the extent that you access the Services for the purpose of lowering your residential property insurance premiums as described in the Agreement and herein.
  1. SERVICES. Pursuant to the Agreement and Section 1 of the Insurance Addendum above, Abode shall facilitate your connection with insurance agents, broker, carriers, insurers, and other insurance service providers for the purpose of such third-party providers:
  • Shopping, on your behalf, for residential property insurance quotations that provide similar coverage at premiums lower than those charged to you under your current residential property insurance policy;
  • Assisting you in obtaining a policy with the carrier of your choice, if any; and 
  • Monitoring on an on-going basis for quotations that may result in future savings.
  1. REGULATORY. Pursuant to the Agreement, Abode partners with third-party providers, including but not limited to licensed insurance agents, brokers, carriers, and insurers. BY ACCESSING THE SERVICES YOU ACKNOWLEDGE THAT ABODE IS NOT AN INSURANCE AGENT, BROKER, CARRIER, OR INSURER. Abode does not provide any services deemed to be legal, advisory, or brokered services nor is Abode licensed by any state for these purposes. To the extent any such services are described therein, they shall be provided only by licensed insurance agents, brokers, carriers, or insurers, or other third-party professionals. 
  1. DISCLAIMERS. PURSUANT TO THE TERMS OF THE AGREEMENT, ABODE DOES NOT GUARANTEE OR WARRANT THAT YOUR USE OF THE SERVICES WILL RESULT IN LOWER RESIDENTIAL PROPERTY INSURANCE PREMIUMS OR OTHER SAVINGS.
  1. TERM AND TERMINATION. This Insurance Addendum auto-renews annually and may be terminated pursuant to the terms of the Agreement.