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.
Viewpoint: Why Brokers Have Little to Fear and Everything to Gain From AI 
Hedge Fund Money Is Reshaping a 180-Year-Old Insurance Model 
State Farm Agrees to $15M Settlement for Underpaid Vehicle Claims 
Electric Bills in Coal Country West Virginia Now Top Mortgage Payments 
