New California Admitted Homeowners Program

Article

San Diego, CA., June 05, 2023 —First Cap Property Insurance Solutions, a San Diego, CA based MGU recently announced a new homeowner’s program for California. The program offers HO3, DP3, HO6, HO4 and Stand-alone DIC. The stand-alone DIC can be paired with Dwelling Fire policies such as the California FAIR Plan or First Cap’s own FAIR Plan alternate program (Coverage A up to $4M), which is entering its 3^rdyear of writing policies.

The new program is offered on a state-of-the-art agency-facing portal that is getting rave reviews from First Cap’s producer partners for its simplicity and ease of use. Our partners can get a quote in minutes which is crucial in this time of bulk non-renewals from major carriers, as well as carriers exiting California all together seemingly every month.

First Cap Property Solutions CEO – Kevin Kilkenny

“The current property environment in CA continues to see dislocation. Recent press releases have seen an exodus of several large national players, and many of the current markets have limited capacity and appetite for risk. First Cap Property is a CA company that has positioned itself to help as we are uniquely positioned with a broad offering of products that covers a broad spectrum of the marketplace.”

The new homeowners program offers competitive premium with numerous discounts. Direct bill and installment options are available.

Coverage A limits:

HO3: Up to $1.5M
DP3: Up to $1.0M
HO6: Up to $300K
HO4: Up to $250K
DIC : Up to $3.5M

First Cap Property Insurance Solutions is a San Diego, CA based MGU with a focus on niche property products. Their management and underwriting team have a long history of developing niche property programs for CA as far back as the 1994 Northridge Earthquake. Their philosophy is rooted in a simple formula of implementing niche programs administered by experienced underwriters with strong easy-to-use technology platforms.

Media Contact Information

Vice President of Marketing
Luie Rodriguez
Direct: 714.342.6856
LRodriguez@fcawis.com

For more information, visit www.fcpropertyins.com