BETHESDA, MD — May 1, 2024 —Dwellwell Analytics (“Dwellwell”), The Check Engine Light for Homes™, today announced a strategic partnership with Proper Insurance® (“Proper”), a leading provider of short-term rental insurance. Together, Dwellwell™ and Proper will help short-term rental property owners improve the guest experience, reduce insurance claims, save on deductible costs, and avert expensive repairs by identifying maintenance issues before they escalate to catastrophic events.
This collaboration pairs Dwellwell’s unique sensing and data analytics expertise with Proper’s innovative insurance solutions. Together, the partnership offers unparalleled risk mitigation strategies for property owners in the vacation rental market.
“We are energized about our partnership with Proper because together we can connect with a market that will truly benefit from Dwellwell’s capabilities – short-term rental owners,” said John Hannula, Dwellwell’s Chief Revenue Officer. “Most owners live far from their investment properties, so monitoring conditions in the home presents a challenge. However, they must keep up with maintenance to ensure no disruption to their bookings, the guest experience, and subsequent revenue, and that’s our value-add.”
Dwellwell processes data from the home’s ambient environment and uses AI to deliver actionable insights to property owners, enabling proactive maintenance and property management. With a proprietary analytics platform, Dwellwell leverages vast amounts of data to identify trends, predict maintenance issues, and avert catastrophes like floods, electrical fires, and mold. In addition, with Dwellwell, short-term rental owners can be notified of smoking and excessive noise inside their properties to better understand guest behavior and enforce rental contracts.
“It’s no secret that insurance rates are on the rise, due to a dramatic increase in natural disasters and labor and material costs,” noted Mike Zimmerman, Proper’s President. “We are always seeking ways to help our customers reduce property claims, save on deductible costs, and help them maintain a steady stream of rental guests. We haven’t seen any other smart home technology that is as comprehensive as Dwellwell. With this partnership, we are empowering short-term rental owners to make informed decisions and safeguard their properties against unforeseen risks, ensuring greater peace of mind and financial security.”
The partnership between Dwellwell and Proper represents a significant step forward in the evolution of property risk management, offering property owners a holistic approach to protecting their investments in the dynamic short-term rental market.
About Dwellwell Analytics:
Dwellwell is the only comprehensive Check Engine Light for Homes. The powerful technology diagnoses and alerts residential property owners and managers to irregularities in the performance of an entire residential building, including HVAC, electrical, plumbing, and even environmental concerns. The SaaS platform provides early detection of issues before they lead to system failure or a catastrophic event. With its simple plug-and-play installation capability, Dwellwell proactively diagnoses issues across an entire building, helping multifamily and short-term rental owners streamline maintenance, generate cost savings, improve NOI, and ensure resident/guest comfort.
About Proper Insurance:
Proper Insurance is the nation’s leading short-term vacation rental insurance provider, offering unmatched coverage for properties in all 50 states. Their comprehensive policy protects property, revenue, and business liability, customized to include coverage for guest-caused theft/damage, liquor liability, amenity liability, bed bugs and fleas, squatters, and more. Proper Insurance is dedicated to providing a second-to-none insurance experience with a focus on comprehensive coverage, education from super agents, and world-class service with claims.