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.
The Future of the Agency in a World of AI
CyberCube: Insured Loss Estimate From AWS Outage Likely About $40M
Catastrophe Bonds’ Huge Market Gains Put Reinsurers on Backfoot
AIG to Acquire Renewal Rights of Everest’s Retail Commercial Business Worth $2B 

