Loti supports homeowners through property loss recovery by combining a comprehensive free recovery library with licensed public adjusting services. The company utilizes modern technology to streamline the complex insurance claims process for policyholders. This integrated approach provides homeowners with expert advocacy and clear resources to manage rebuilding and resolution.
Funding
Funding not disclosed
Founders
Product
Problem
Homeowners facing property damage from incidents like fires, floods, or other disasters often struggle with the complex and time-consuming insurance claims process. This can lead to delayed payouts, undercompensated claims, and significant stress during an already difficult time.
Solution
Loti provides a comprehensive service to simplify and expedite the insurance recovery process for homeowners. The company leverages a combination of expert public adjusting services and a proprietary technology suite to organize, manage, and negotiate claims effectively. This approach aims to secure faster and more equitable payouts for policyholders. Loti also offers extensive educational resources through its Learning Hub, empowering homeowners with knowledge about their policies and the recovery process.
Target Audience
The primary target audience is homeowners who have experienced property damage due to various incidents and require assistance navigating their insurance claims to achieve a fair and timely recovery.
Features
- Licensed public adjusters with multi-state licensing and industry association memberships (NAPIA, PCPA, AAA).
- Technology suite designed to streamline claim organization, documentation, and submission.
- Extensive online Learning Hub featuring "Rallybacks" (articles), glossaries, and downloadable documents covering all phases of recovery.
- Specialized claim handling for various incident types including building loss, personal property, loss of use, home business, and business interruption.
- Support for diverse property types such as residential, condo complexes, auto shops, wineries, and manufacturing facilities.
- Dedicated programs for specific recovery needs like home rebuilds, personal property inventory, and home replacement strategies.
- Policy review and consultation services to help homeowners understand their coverage.
- Incident Hub providing detailed information on how Loti handles claims for a wide range of disaster types.