ePremium Insurance

What ePremium Insurance does

ePremium Insurance Agency, LLC is a U.S.-licensed insurance agency specializing in renters insurance for the multifamily and single-family rental housing industry. Founded in 2005 and headquartered in Mason, Ohio, the company distributes enhanced renters insurance policies on behalf of top national insurance carriers, partnering with thousands of property management companies nationwide and serving hundreds of thousands of renters. Residents at partner locations are pre-qualified for enhanced policies at preferred group rates, and the company also offers direct online enrollment via ZIP-code-based self-serve flows. The firm is licensed in all 50 states and operates an enterprise client portal, IRIS (Integrated Renters Insurance Solution), through which leasing offices and property managers track resident insurance compliance and manage coverage verification.

The company's core product stack consists of enhanced Renters Insurance (one-year terms, monthly auto-draft, average premium $11-$22) and the eDeposit Security Deposit Alternative — a one-time non-refundable fee product bundled with insurance under the RentersPLUS program and serviced through a separate Delaware entity, ePremium Services, LLC. Beyond these core offerings, ePremium distributes 8+ ancillary insurance products through partner relationships, including auto insurance, auto warranty (Fair), jewelry insurance (Jewelers Mutual), device protection (Bolt), term and final expense life insurance (COVR), pet insurance (Odie) and pet healthcare (United Pet Care), travel insurance (Rental Guardian), and cyber protection (Upfort). Technology is a web-based enrollment platform integrated with the IRIS compliance portal for B2B clients; no AI, ML, or developer-facing APIs are documented.

Revenue mechanics are agency-based: ePremium earns commission on premium placed with carrier partners on a recurring annual-renewal basis, one-time fees on the eDeposit product (with a ~$5 processing fee retained), and affiliate/referral compensation on partner products. The company is privately held with no disclosed external funding or M&A activity, operating as a bootstrapped, category-specialist insurance agency with nationwide regulatory footprint but no parent company or institutional investor.

Name

ePremium Insurance

Legal name

ePremium Insurance Agency, LLC

Website

https://epremiuminsurance.com

Company type

Private

Founded year

2005

Operating status

Operating

Headcount range

101–250 employees

Short description

ePremium Insurance is a privately held, nationwide-licensed insurance agency that distributes enhanced renters insurance and a security-deposit alternative (eDeposit) to multifamily and single-family renters through thousands of property management company partners, supplemented by a portfolio of partner-distributed ancillary insurance products.

Ownership category

akta.pro rank

Product category

Renters Insurance

NAICS

Insurance Agencies and Brokerages (524210), Insurance Agencies and Brokerages (52421), Insurance Carriers and Related Activities (524)

SIC

Insurance Agents, Brokers & Service (6411)

akta.pro primary industry

Embedded Insurance & Affinity Distribution Platforms (FSAGAGAL)

Keywords

• Renters insurance
• Multifamily insurance solutions
• Security deposit alternative
• Insurance compliance portal
• Property management insurance

Headquarters

HQ city

Mason

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Supply Chain, Others

Revenue model

1. Renters Insurance Policies: ePremium arranges and sells renters insurance policies in partnership with top national insurance carriers. Policies are issued for one-year terms with automatic annual renewal. Monthly payments are authorized for automatic draft upon initial policy enrollment. The company acts as a licensed insurance producer collecting premiums on behalf of insurance underwriters.
2. eDeposit Security Deposit Alternative: ePremium collects a one-time, non-refundable fee for the eDeposit program on behalf of the apartment community/property manager. The fee (plus a processing fee, usually $5) is collected by ePremium and remitted to the property management company. This fee does not constitute an insurance premium.
3. Partner Insurance Products (Auto, Jewelry, Device, Life, Pet, Travel, Cyber): ePremium offers additional insurance products through partner providers including auto insurance, auto warranty, jewelry insurance, device protection, term life insurance, final expense insurance, pet insurance, pet healthcare, travel insurance, and cyber protection. ePremium receives compensation based on premiums of insurance policies sold through these partnerships.

Pricing tiers

Go-to-market motion3 records

Distribution channels5 records

Marketing channels5 records

Core offering

ePremium Insurance Agency is a licensed insurance producer that arranges and sells enhanced renters insurance policies on behalf of top national insurance carriers, primarily for residents of multifamily and single-family rental properties at partnered communities. The company also offers the eDeposit Security Deposit Alternative, a one-time non-refundable program that replaces traditional security deposits and is bundled with renters insurance under the RentersPLUS program. Through its IRIS portal, ePremium provides property management clients with resident insurance compliance tracking and policy management tools.

Product overview

ePremium Insurance Agency operates as an insurance agency specializing in renters insurance for multifamily and single-family rental properties, offering both core proprietary products and a portfolio of partner insurance products. The core offerings are the enhanced Renters Insurance policy and the eDeposit Security Deposit Alternative (part of RentersPLUS program), which work together to satisfy lease requirements while lowering move-in costs. The company also distributes additional insurance products through partner relationships including auto insurance, auto warranty, jewelry insurance, device protection, life insurance (term and final expense), pet insurance/healthcare, travel insurance, and cyber protection. The IRIS platform provides a client portal for property management companies to manage insurance programs.

Differentiator

Problem solved

Functional benefit

Brands

• IRIS (Integrated Renters Insurance Solution): Online platform for leasing office and property management clients to manage renters insurance policies.
• RentersPLUS
• eDeposit

Products and services

• Enhanced Renters Insurance

Named customers2 records

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Ten partnerships are on record, tiered core and minor.

• Top National Insurance CarrierscoreTechnology or IntegrationePremium works with several top national insurance carriers to offer renters insurance policies that address frequently occurring damages often seen at rental properties. These partnerships allow ePremium to provide comprehensive coverage through their agency.
• eDeposit Program ProviderscoreStrategic or Co-development PartnerePremium works with program providers to develop the eDeposit Security Deposit Alternative. eDeposit is a protection product that replaces traditional security deposits for renters.
• Fair WarrantyminorChannel Partner/ Reseller/ DistributorFair provides auto warranty products offered through ePremium. Fair covers roadside assistance and unexpected repairs, offering coverage starting at $29 per month with a $100 deductible.
• Jewelers MutualminorChannel Partner/ Reseller/ DistributorJewelers Mutual provides jewelry insurance through ePremium's platform. The partnership allows ePremium to offer coverage for precious jewelry through a specialized insurer.
• Bolt InsuranceminorChannel Partner/ Reseller/ DistributorBolt provides device protection plans for smartphones and electronics through ePremium. While not an insurance policy, Bolt's plans offer comprehensive device protection for quick reconnection.
• Odie (Pet Insurance)minorChannel Partner/ Reseller/ DistributorOdie provides pet insurance through ePremium, helping remove the financial burden of veterinary costs. Pet parents can focus on providing recommended treatments with pet health coverage.
• United Pet CareminorChannel Partner/ Reseller/ DistributorUnited Pet Care provides affordable pet healthcare plans including 24/7 virtual pet care, prescription savings, and 20-50% savings at in-network vets through ePremium's UPC Essential and UPC Complete plans.
• Rental GuardianminorChannel Partner/ Reseller/ DistributorRental Guardian provides travel insurance through ePremium, covering trip cancellation, baggage mishaps, medical expenses, and evacuation costs for unexpected travel circumstances.
• UpfortminorChannel Partner/ Reseller/ DistributorUpfort provides cyber protection for renters through ePremium, including identity fraud protection, device hack coverage, online threat monitoring, and up to $1 million in identity theft insurance.
• COVR Financial TechnologiesminorChannel Partner/ Reseller/ DistributorCOVR provides term life insurance and final expense insurance through ePremium. Term life insurance offers fixed cost death benefits for 10-40 years, while final expense insurance covers end-of-life costs.

Scale indicators4 records

Recent moves5 records

Expansion highlights5 records

Direct peers

• Jetty: Jetty is a renter-focused insurance and financial services platform that partners with property managers to offer renters insurance and deposit alternatives, closely mirroring ePremium's product set (renters + security deposit alternative) and B2B2C distribution approach.
• Assurant (Assurant Connect / AssurantRenters): Through Assurant Connect, Assurant runs one of the most established renter insurance programs marketed directly through property management companies and apartment operators, making it the most direct large-scale competitor to ePremium's agency-based distribution model.

Emerging players

• Bungalow: Bungalow is a co-living and rental housing operator that bundles renter-facing services and insurance-like protections into its leases, representing a property-manager-side platform that increasingly competes for the resident insurance and deposit experience.
• Slide Insurance: Slide is a tech-enabled homeowners and renters insurer leveraging aerial and property data to underwrite more accurately; while focused on homeowners, its renters product and analytics-driven approach represent an emerging competitive threat in digital distribution.
• Hippo Insurance: Hippo is a digital-first home and renters insurer that sells through partner ecosystems and direct channels, using smart-home data and embedded distribution — a comparable tech-forward model in the broader personal property insurance space.
• Roof (formerly Geo) — Roam: Roof/Renter's insurance is a digital-first brand built for apartment residents and the renter demographic, marketing renters insurance directly to the same end customer ePremium serves via property manager partnerships.

Broad incumbents

• Lemonade: Lemonade is a direct-to-consumer digital insurer with a national renters insurance product and a strong mobile experience; it competes for the same end renter, typically through a direct (non-property-manager) channel, and sets price and UX benchmarks for the category.
• American Family Insurance: American Family is a national personal lines carrier offering renters insurance through agents and direct channels, and is a natural competitor for the same renter customer that property managers route to ePremium.
• State Farm: State Farm is a national broad-line personal lines carrier that distributes renters insurance through captive agents and online, representing the incumbent option property managers and renters compare ePremium's enhanced policies against.
• Liberty Mutual: Liberty Mutual underwrites and distributes renters insurance nationally through digital and agent channels, including partnership programs for property management and student housing, and is a likely carrier counterparty or competitor to ePremium's panel.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks7 records

Key highlights7 records

Customer concentration

• Xx.com/epremiumiris
• LinkedInlinkedin.com/company/epremium-insurance

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about ePremium Insurance