Orion180 Unveils FLEX Home Insurance: Customized Coverage Solutions for Empowering Florida Homeowners
Orion180, a prominent provider of homeowners insurance and flood insurance solutions, has recently launched its innovative FLEX Home Insurance product in 14 coastal counties in Florida. This launch is a direct response to the ongoing insurance crisis in the state, which has been exacerbated by frequent hurricanes, flooding, and other natural disasters.
Understanding Florida’s Insurance Crisis
Homeowners in Florida are faced with some of the highest insurance premiums in the United States, averaging around $5,340 annually, as reported by data from Bankrate. Despite these high costs, approximately 18.1% of homes in Florida remain uninsured, ranking the state among the top ten with the highest rates of uninsured properties. Notably, Miami-Dade County is recognized as the most at-risk county nationwide.
Innovative Solutions from Orion180
Orion180 aims to address the gaps in traditional home insurance coverage by providing flexible and transparent insurance products tailored to the unique needs of homeowners. The newly launched FLEX Home Insurance product allows Florida residents to customize their insurance policies based on their individual risk tolerance and financial circumstances.
Key Features of FLEX Home Insurance
- Customizable Coverages: Homeowners can select from various coverage options and adjust deductibles and co-payments to suit their budgets.
- Claims-Free Bonus: Homeowners with a claims-free history may qualify for a bonus of up to 100% of their first-year premium.
- Rate-Locking Feature: This option enables customers to secure their policy rates and shield themselves from rising insurance costs.
Availability Across Florida
The FLEX Home Insurance product is now accessible through a network of select insurance agents across 14 coastal counties in Florida, including:
- Miami-Dade
- Broward
- Palm Beach
- Hillsborough
- Pinellas
- Lee
- Sarasota
- Manatee
- Brevard
- St. Lucie
- Collier
- Martin
- Charlotte
- Indian River
CEO Insights on FLEX Home Insurance
Ken Gregg, CEO of Orion180, stated, “Standard home insurance policies are outdated for today’s consumer and often do not align with individual budgets and interests. FLEX gives homeowners the power of choice, allowing them to select coverages that fit their specific needs and financial situations.”
For more information about FLEX Home Insurance and how it can benefit you, visit Orion180’s official website.
