Universal North America Introduces Auto Coverage in Texas

Universal North America Insurance Company (Universal) announced it has begun offering automobile insurance coverage in Texas. Universal, a multi-regional personal lines carrier, already provides homeowners insurance and other coverages to more than 140,000 residents in five states, including Texas.

According to Kathy Moore, vice president of operations in Texas, the launch of automobile coverage is a way to help Texas residents maximize their insurance. She said the company is offering discounts to Texas consumers who purchase both auto and homeowners policies from Universal.

Additionally, later in the year Universal will introduce personal umbrella coverage and UniPak, an additional discount when home, auto and umbrella coverage are all purchased from Universal.

In Texas, Universal now provides automobile and homeowners coverage, as well as flood insurance and home equipment protection, which covers mechanical breakdown for items such as air conditioning systems, telephone and security systems and swimming pool equipment.

Personal watercraft and recreational vehicle coverage are planned for the future.

While the Texas operations are based in San Antonio, policies are sold through various agencies located throughout the state.

Universal North America is a subsidiary of Universal Group Inc., a major personal lines carrier in Puerto Rico with more than $250 million in surplus. The Universal Group’s property and casualty companies in Puerto Rico are rated “A” (Excellent) by A.M. Best.

Source: Universal North America, www.universalnorthamerica.com

Topics Texas Auto