Ocean Harbor Casualty Insurance Company

What Ocean Harbor Casualty Insurance Company does

Ocean Harbor Casualty Insurance Company is a Florida-domiciled property and casualty insurance carrier founded in 1986 and headquartered in Tallahassee. The company underwrites homeowners, condominium (HO6), dwelling fire (DP3), manufactured home, renters, and private passenger automobile coverages, with a deliberate focus on coastal and underserved markets where major national carriers are reducing their exposure — particularly in hurricane-prone states. It is the flagship entity of the Ocean Harbor Insurance Group, a conglomerate of five insurers that collectively write over $300 million of combined premium and rank among the Top 100 writers of homeowners business in the United States.

The carrier operates a state-by-state program-administrator distribution model, appointing local independent experts (Complex Coverage in NY, Accentus in SC/LA, South & Western in TX/MS, Johnson & Johnson in SC for mobile homes, Pearl Holding Group in FL auto, and All Star and SCJ in CA auto) to underwrite, quote, and issue policies. Auto claims are outsourced to third-party administrators (AFA Claim Services for CA, Country-Wide Management Services for NY, and Pearl Holding Group for FL), while property claims are handled in-house at the Tallahassee claims department. The company carries a Demotech A (Exceptional) Financial Stability Rating and an A.M. Best B rating.

Ocean Harbor makes money by collecting recurring insurance premiums on policies in force, with pricing set via state-regulated quoting through its agent network. Its customer base is fragmented and consumer/SMB in nature — there are no enterprise customers — and revenue mechanics depend on loss ratios, reinsurance, and regulatory rate adequacy in catastrophe-exposed geographies. The company's material risk concentration is its exposure to hurricanes and other coastal catastrophes, which are explicitly the markets major carriers are exiting, and its opportunity is the secular supply contraction in coastal property insurance that pulls insured lives toward remaining carriers such as Ocean Harbor.

Name

Ocean Harbor Casualty Insurance Company

Legal name

Ocean Harbor Casualty Insurance Company

Website

https://oceanharbor-ins.com

Company type

Private

Founded year

1986

Operating status

Operating

Short description

Ocean Harbor Casualty Insurance Company is a Tallahassee-based P&C carrier founded in 1986 that underwrites homeowners, condo, dwelling fire, manufactured home, and auto policies through state-specific program administrators, focused on coastal and underserved markets where major carriers are withdrawing.

Ownership category

akta.pro rank

Headquarters

HQ city

Tallahassee

HQ country

United States

HQ region

North America

Offices9 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Operations, Marketing or Sales, Personnel, Infrastructure, Technology or R&D

Revenue model

1. Insurance Premiums: Ocean Harbor generates revenue through insurance premiums from homeowners, condominium, dwelling fire, manufactured home, and automobile insurance policies. Premiums are collected through appointed independent agents and program administrators across multiple states.

Pricing tiers

Go-to-market motion1 record

Distribution channels7 records

Marketing channels1 record

Core offering

Ocean Harbor Casualty Insurance Company is a licensed property and casualty insurer that sells homeowners, condominium, dwelling fire, manufactured home, renters, and automobile insurance policies. Coverage is distributed exclusively through appointed independent agents and program administrators who serve as local experts in each state where the company operates. The company focuses on coastal and underserved markets where major national carriers are reducing their exposure, particularly in hurricane-prone coastal areas.

Product overview

Ocean Harbor Casualty Insurance Company offers a portfolio of property and automobile insurance products distributed through independent agents across multiple states. The home insurance suite includes the Homeowners Policy (HO3) as the primary all-perils residential product, the Condominium Unit Owners Policy (HO6) for condo unit owners, the Dwelling Fire Policy (DP3) for rental and seasonal properties, and the Manufactured Homeowners Policy for mobile/manufactured homes. The automobile insurance product provides liability, personal injury protection, uninsured/underinsured motorist, collision, and comprehensive coverages. The company also offers renters insurance. Products are offered alongside various optional coverages and discounts, though specific offerings vary by state.

Differentiator

Problem solved

Functional benefit

Products and services

• Homeowners Policy (HO3) An all-perils residential insurance policy covering home and personal property against perils such as fire, lightning, theft, and wind. Includes personal property coverage, other structures, additional living expenses when home is not livable, personal liability, and medical payments. Designed for homeowners in coastal and underserved markets.
• Condominium Unit Owners Policy (HO6) Insurance policy specifically designed for condominium unit owners, covering contents and permanently attached building items inside the unit, loss of use, personal liability, medical payments, and loss assessment by the condominium association.
• Dwelling Fire Policy (DP3) Insurance policy designed for seasonal, secondary, or rental properties covering up to four family units. Allows landlords and rental property owners to purchase only needed coverages for cost savings.
• Manufactured Homeowners Policy Comprehensive insurance policy covering manufactured homes and personal property from risks such as fire, lightning, vandalism, water damage, theft, and wind. Includes personal property, limited other structures, loss of use, personal liability, and medical payments.
• Automobile Insurance Auto insurance coverage available in Florida and California, including liability coverage, personal injury protection (PIP), uninsured/underinsured motorists coverage, collision, and comprehensive coverage.
• Renters Insurance Insurance policy covering personal property and liability exposure for renters in case of covered damages including fire, theft, water damage, and vandalism, plus additional living expenses if the unit becomes unlivable.

Segments5 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Nine partnerships are on record, tiered core and minor.

• Complex Coverage, Inc.coreChannel Partner/ Reseller/ DistributorAppointed Program Administrator for New York state, handling property insurance distribution. Located at 7 High Street, Suite 408, Huntington, NY 11743. Contact: (631) 547-5959. Serves as local expert for homeowners and property insurance products.
• Accentus Insurance GroupcoreChannel Partner/ Reseller/ DistributorAppointed Program Administrator for South Carolina and Louisiana (Property Only). Located at 8550 United Plaza Blvd, Ste 702, Baton Rouge, LA 70809. Contact: (888) 796-6571. Serves as local distribution partner for property insurance.
• Johnson & Johnson (Mobile Home only)minorChannel Partner/ Reseller/ DistributorAppointed Program Administrator for South Carolina (Mobile Home only). Located at P.O. Box 899, Charleston, SC 29402. Contact: (800) 487-7565. Specializes in manufactured home insurance distribution.
• South & WesterncoreChannel Partner/ Reseller/ DistributorAppointed Program Administrator for Texas and Mississippi (Property Only). Located at P.O. Box 9015, Addison, Texas 75001. Contact: (800) 492-5351. Handles property insurance distribution in these states.
• Pearl Holding GroupcoreChannel Partner/ Reseller/ DistributorAppointed Program Administrator for Florida (Auto Only) and handles auto claims. Located at P.O. Box 452799, Sunrise, FL 33345. Contact: (954) 587-2299. Also serves as auto claims administrator for Florida.
• All Star General AgencycoreChannel Partner/ Reseller/ DistributorAppointed Program Administrator for California (Auto Only). Located at P.O. Box 502180, San Diego, CA 92150. Contact: (858) 300-8875. Handles auto insurance distribution in California.
• SCJ Insurance ServicesminorChannel Partner/ Reseller/ DistributorAppointed Program Administrator for California (Auto Only). Located at P.O. Box 9, Pleasanton, CA 94566. Contact: (925) 474-3600. Secondary auto insurance distribution partner in California.
• AFA Claim ServicescoreImplementation/ SI/ Consulting PartnerAuto claims administrator for California. Located at P.O. Box 25329, Anaheim, CA 92825. Phone: (714) 912-2484. Handles auto insurance claims processing for California policyholders.
• Country-Wide Management ServicescoreImplementation/ SI/ Consulting PartnerAuto claims administrator for New York. Located at 40 Wall Street, New York, NY 10005. Phone: (212) 344-8700. Handles auto insurance claims processing for New York policyholders.

Scale indicators6 records

Recent moves5 records

Expansion highlights4 records

Broad incumbents

• American Strategic Insurance (ASI): Progressive-owned coastal-focused HO3 writer with similar geographic appetite; a larger, more diversified parent differentiates its scale but the underwriting strategy is highly comparable.
• Citizens Property Insurance Corporation: Florida state-backed residual-market insurer of last resort for coastal property; not a competitor but shapes the pricing/availability environment in which Ocean Harbor operates.
• Castle Key Insurance Company: Allstate-affiliated Florida property carrier serving coastal homeowners; comparable product/region but supported by Allstate's broader national platform.

Direct peers

• Security First Insurance: Florida-based homeowners specialist writing through independent agents in coastal markets. Closely overlapping underwriting focus.
• American Coastal Insurance Company: Florida-headquartered carrier focused specifically on coastal and catastrophe-exposed residential property, with similar Demotech/A.M. Best rating profile.
• Palomar Holdings: Specialty insurer with exposure to catastrophe-prone coastal property, including HO3-equivalent product forms. Comparable underwriting thesis on coastal risk.
• Tower Hill Insurance Group: Regional Florida-anchored personal property insurer with similar coastal exposure profile and independent-agent distribution.
• Heritage Insurance Holdings: Florida-headquartered specialty P&C underwriter focused on personal lines, especially coastal homeowners. Highly comparable business model and geography to Ocean Harbor.
• HCI Group (Homeowners Choice): Specialty property insurer focused on Florida personal lines (HO3, DP3, condo) using program-administrator distribution. Direct competitive overlap.
• Universal Insurance Holdings (Universal Property & Casualty): Publicly-traded P&C holding company writing predominantly Florida homeowners and auto. Same product mix and program-administrator-style distribution model.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Ocean Harbor Casualty Insurance Company