Rhino targets climate risk home insurability in California

"DealShield analyzes location data, hazard risk, disclosure packets, inspection reports, photos and other related materials to produce an Insurability Report. This provides agents and their clients with information on premiums and policies. According to the company, in early testing, DealShield helped two-thirds of homeowners in high-risk areas find property insurance options outside of the California FAIR Plan, the state's insurer of last resort."

"In 2025, the California Association of Realtors reported that one in six members had a deal fall out of escrow because the buyer was unable to secure property insurance double the share of Realtors who faced this challenge in 2023."

"The insurability reports provide agents and consumers with an analysis of property features that could impact a property's insurability, including the age of the roof, location hazards or material hazards. If an agent or their client requests an insurability report or insurance quotes, they are not required to obtain a Rhino insurance policy."

DealShield, created by Rhino, addresses rising property insurance challenges by providing agents and consumers with insurability reports analyzing location data, hazard risks, disclosure packets, inspection reports, and photos. The tool generates information on premiums and policies to help buyers secure coverage. In early testing, two-thirds of homeowners in high-risk California areas found insurance options outside the state's FAIR Plan using DealShield. The platform identifies property features affecting insurability, including roof age and material hazards. Agents can onboard freely and currently search addresses at no cost, though future paid services are planned. Using DealShield is optional; consumers need not purchase Rhino insurance to access insurability reports or quotes.

Read at www.housingwire.com