GeoVera Insurance Co. has launched a residential windstorm-hurricane insurance product in Hawaii. The policy will insure residential properties against the single peril of windstorm during a hurricane. GeoVera is partnering with local independent insurance agents to offer the policy to homeowners.
GeoVera’s Windstorm-Hurricane policy will provide coverage for the dwelling, other structures, contents and loss of use (or fair rental value). They will cover homes with values up to $1 million, and will offer deductible options between 2 percent to 5 percent. Homes with wind-resistive devices may receive a credit.
GeoVera Insurance Co. provides competitively-priced residential insurance products, primarily in catastrophe-exposed geographies. In June 2010, GeoVera’s rating of A- (Excellent) was re-affirmed by A.M. Best Co.
Was this article valuable?
Here are more articles you may enjoy.
Aon Acquires USI Insurance From KKR in $17 Billion Deal Targeting Middle Market 
OpenAI Report Says Its Network Was Hacked by Its Own Rogue AI Agents 
County Approves New $2.3B Stadium Project for Tampa Bay Rays 
How One Florida Gas Station Worker Allegedly Defrauded Progressive of $44,700 
