Xercor
- Company typePrivate
- Founded2015
- HeadquartersIndianapolis, United States
- Headcount11–50
- GTM typeB2C
- OfferingServices
Xercor firmographics
Firmographics- Name
- Xercor
- Legal name
- Xercor Insurance Services, LLC
- Website
- https://xercor.com
- Company type
- Private
- Founded year
- 2015
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Ownership category
- akta.pro rank
Xercor industry classification
Industry- Product category
- Self-Storage Insurance
- NAICS
- Direct Property and Casualty Insurance Carriers (524126), Insurance Carriers and Related Activities (524)
- akta.pro primary industry
- Storage Insurance (Self-Storage Unit Contents Coverage) (HSAKANAF)
Keywords
Where Xercor is headquartered
LocationHeadquarters
- HQ city
- Indianapolis
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Xercor business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Marketing or Sales, Others
Revenue model
- Self-Storage Tenant Insurance Premiums: Xercor generates revenue through insurance premiums paid by self-storage tenants. Coverage is purchased alongside storage unit rentals and is billed on a recurring premium payment basis. Deductibles and coverage terms vary by location and facility.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Monthly | Location-specific insurance coverage with variable deductibles |
Go-to-market motion1 record
Distribution channels1 record
Marketing channels3 records
Xercor product offering
Product offeringCore offering
Xercor provides self-storage tenant insurance that protects belongings placed in rented storage units against perils such as mold, hail, windstorm, fire, vandalism, burglary, and vermin. Coverage is purchased alongside the storage unit lease and billed through recurring premium payments, with deductibles and limits varying by facility. The company also operates an integrated claims filing service handled by licensed adjusters, using DocuSign for paperless document submission.
Product overview
Xercor is a self-storage insurance provider offering a unified insurance product suite consisting of self-storage tenant insurance coverage and an integrated claims filing service. The core product is self-storage tenant insurance, which provides affordable protection for stored belongings against specified perils. The claims filing service is integrated with DocuSign to enable paperless electronic document submission and signatures, streamlining the claims process for customers.
Differentiator
Problem solved
Functional benefit
Products and services
- Self-Storage Tenant Insurance
Companies that use Xercor
Customer profileSegments1 record
Ideal customer profiles2 records
Xercor technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration1 record
Xercor partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- Self-Storage FacilitiescoreXercor provides insurance coverage that is distributed exclusively through self-storage facilities. Facilities offer the insurance to tenants as part of the rental experience, and Xercor handles claims processing with licensed adjusters. The relationship is integral to Xercor's business model as the primary distribution channel.
Scale indicators1 record
Recent moves4 records
Expansion highlights2 records
Xercor competitors and assessment
Company assessmentDirect peers
- Bader Company Insurance Agency: Specialized insurance agency focused on self-storage tenant and facility insurance programs. Closely comparable to Xercor in target customer (storage tenants), product (contents coverage for stored goods), and channel-driven distribution through facility operators.
Broad incumbents
- Great American Insurance Group: Large specialty P&C carrier offering niche programs including self-storage and mini-warehouse coverage. Overlaps with Xercor's storage contents coverage line but operates across a much broader portfolio of specialty and commercial lines.
- Allstate Corporation: Major national P&C insurer whose renters and homeowners products often cover stored belongings. Represents the incumbent alternative that storage tenants may already carry, competing with Xercor's specialist offering on convenience.
- State Farm: Largest U.S. personal lines insurer, providing renters and homeowners coverage that frequently extends (with sublimits) to items in self-storage. A primary substitute for Xercor's product and a channel that storage tenants may already have.
- GEICO: Major direct-to-consumer P&C insurer offering renters policies with off-premises contents coverage. Competes with Xercor for the same self-storage tenant's insurance dollar via a digitally native, low-friction purchase experience.
Emerging players
- Lemonade Inc. Digital-first P&C insurer offering renters and homeowners policies that can include off-premises (including storage) contents coverage. Competes for the same end-customer wallet with a superior technology and brand profile.
- Hiscox Insurance: Specialty insurer serving small business and personal lines including contents coverage for stored goods. Comparable in serving storage-adjacent customers with specialist underwriting rather than broad mass-market distribution.
- CoverWallet: Commercial insurance marketplace that simplifies purchase of specialty and small-business P&C products. Adjacent to Xercor's distribution model as a digital channel that could route self-storage operators toward competing tenant-insurance programs.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat3 records
Key risks5 records
Key highlights5 records
Customer concentration
Xercor social profiles
Digital presenceXercor compliance and trust
Trust signalCompliance1 record
Xercor financial estimates
Financial estimateRevenue estimate
Valuation estimate
Xercor leadership team
Management profileNumber of profiles
Xercor funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Xercor M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Xercor
What does Xercor do?
Xercor provides self-storage tenant insurance that protects belongings placed in rented storage units against perils such as mold, hail, windstorm, fire, vandalism, burglary, and vermin. Coverage is purchased alongside the storage unit lease and billed through recurring premium payments, with deductibles and limits varying by facility. The company also operates an integrated claims filing service handled by licensed adjusters, using DocuSign for paperless document submission.
Is Xercor a public or private company?
Xercor is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Xercor founded?
Xercor was founded in 2015. It employs 11 to 50 people.
Where is Xercor based?
Xercor is headquartered in Indianapolis, United States, in the North America region.
How does Xercor make money?
One revenue line is on record: self-Storage Tenant Insurance Premiums.
Who are Xercor's main competitors?
Bader Company Insurance Agency is listed as a direct peer. Broad incumbents are Great American Insurance Group, Allstate Corporation, State Farm and GEICO. Emerging players are Lemonade Inc., Hiscox Insurance and CoverWallet.
Does Xercor have an API?
No public API is recorded for Xercor.
What industry is Xercor in?
Xercor's product category is Self-Storage Insurance. Its primary akta.pro industry code is HSAKANAF, Storage Insurance (Self-Storage Unit Contents Coverage). Its NAICS code is 524126.