GeoVera Offers Homeowners Coverage to Texas Select Policyholders

Fairfield, Calif.-based GeoVera Holdings Inc., which entered the Texas homeowners market in April 2006, announced they are actively working with Texas producers to secure replacement coverage for policyholders insured with Texas Select Insurance Company, which will cancel all existing policies effective Aug. 23.

The company said it is offering its admitted HO-B homeowners product through “A-” (Excellent) rated insurer, GeoVera Insurance Co. The policies may be quoted and bound online, in minutes through the Companies agency Web site www.gvhomeowners.com.

“We designed GeoVera’s Texas homeowner’s policy specifically to meet the needs of Texas Select producers from both a coverage and pricing standpoint. In addition, our highly automated, web-based quoting and binding system allows producers to complete the underwriting process and offer replacement coverage to their clients in a matter of minutes,” said Tim Behrendt, executive sales director, GeoVera Insurance Company. In addition, the company will also offer assistance to those agents who need to replace a significant amount of homeowners business prior to Aug. 23.

GeoVera’s Texas homeowner’s policy provides all risk coverage for the dwelling and named perils coverage for contents.

Texas producers who are not currently appointed by GeoVera Insurance Co. but who wish to inquire about its streamlined appointment process should contact the Marketing Department at 1-800-785-2181 extension 3718 or request an appointment online at www.gvhomeowners.com.

GeoVera Insurance Co. is a specialty property and casualty insurance operation that provides admitted homeowner’s insurance in Texas, admitted residential earthquake insurance in California and Washington and non-admitted homeowners in Florida, Oklahoma, Arkansas and a number of states throughout the south. Products are offered through three interrelated specialty insurance companies: admitted insurers GeoVera Insurance Company, Pacific Select Property, and surplus lines carrier USF&G Specialty Insurance Company.

Source: GeoVera Insurance Holdings

Topics Carriers Texas Homeowners