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Markets/Insurance: Connecticut gives Honeycomb insurer.

Markets/Insurance: Connecticut gives Honeycomb insurer.

Markets/Insurance: Connecticut gives Honeycomb insurer.

The information that Connecticut Tool Insurance has agreed to let Honeycomb Insurance write policies throughout the state has generated a lot of interest in the insurance industry.

Honeycomb offers customizable insurance coverage for apartment complexes, condominium associations and single-family rental homes. The company promises technologically advanced and streamlined service, evaluation and pricing for commercial insurance brokers and real estate clients.

Using technologies such as aerial photography, computer vision, artificial intelligence and machine learning, Honeycomb performs risk assessments without requiring a physical inspection of the facility.

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The company can generate online quotes for commercial policies in just minutes.

Honeycomb currently operates in 16 states: Arizona, California, Connecticut, Georgia, Illinois, Indiana, Michigan, Massachusetts, New Jersey, New Jersey, North Carolina, North Carolina, Ohio, Pennsylvania, Texas, Virginia, Wisconsin and Utah. The Chicago-based company says it insures more than $21 billion worth of real estate.

It is noted that Honeycomb Insurance continues to gain attention and respect in the industry.

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