An emerging technology startup based in Palo Alto, Calif., and Seattle believes it can provide a solution for homeowners looking for insurance.
finaya A marketplace for evaluating and comparing home insurance products is being added. The company will provide homeowners looking to insure a new home or sign a new policy with a network of insurance providers to meet the changing needs of the different stages of homeownership.
Homeowners can choose between standalone home insurance or bundled coverage options. This new product is part of Finaya’s mission to build a comprehensive platform for buyers, sellers and homeowners.
Finaya’s suite of products includes a portal for searching for homes to buy and listing homes for sale, but according to its website, the portal is only available in Washington state, with California and Massachusetts coming soon. This coverage option is now available nationwide.
“We are excited to bring even more value to our customers,” Finaya CEO Naren Nath said in a statement. “This service is fully in line with our commitment to simplify the entire home buying process. By combining our powerful insurance comparison tools Integrated into the platform, we provide homeowners with the resources they need to protect their most valuable assets.
According to its website, buyers do not pay the traditional 3% commission. Finaya’s partners are promised a commission of 1.5%.
tighten base It said that the company was established in 2024 and has less than 10 employees. In May, Finaya acquired Nexmedesigned to simplify the journey for potential buyers.
