Homeowners Insurance Market Opportunity

We have attractive customer dynamics... ...and compelling unit economics -$1,200 Avg. Premium 8+ Years Avg. Customer Life1 1. Source: William Blair research 2. Expected for Q1'21 Cohorts; calculated as the cumulative contribution margin of a policy over its expected lifetime ~$350 5.4x -$1,900 Customer Acquisition Cost (CAC) Lifetime Value² (LTV) Proprietary and Confidential | 33

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