Nashville, Tenn.-based Velocity Risk Underwriters announced it is offering coastal wind-only homeowners insurance policies for customers that may otherwise be insured in the Texas Windstorm Insurance Association (TWIA).
Velocity’s homeowners program is rated “A” by A.M. Best. The company is partnering with Texas-based State National Insurance Co. to provide the coverage.
Velocity currently insures coastal homeowners customers in the states of Connecticut and Florida, and writes commercial lines products in all 50 states. Velocity writes through independent agents and is currently contracting new partners in Texas.
Source: Velocity Risk Underwriters
Topics Texas Homeowners
Was this article valuable?
Here are more articles you may enjoy.
IMA Latest to Sue Howden Over Alleged Employee Poaching
Appetite for Insurance M&A Remains as AI Enters the Chat, Says PwC
Older, Wealthier Renters Drive Changes in Insurance Needs
Hacking Group Claims Major Hack of Novo Nordisk and Attempted $25M Extortion 

