Coastal Insurance Solutions

What Coastal Insurance Solutions does

Coastal Insurance Solutions is a family-owned independent insurance agency founded in 2001 and headquartered in Rocky Point, New York, with 11-50 employees. The firm operates as a multi-carrier broker representing more than 20 U.S. insurers, including Chubb, AIG Private Client, PURE, Cincinnati Insurance, National General, Vault, Farmers, Progressive, Travelers, Neptune Flood, Merchants, and Hagerty, and is licensed to write business in all 50 states plus Washington DC. Its core product set comprises homeowners insurance (HO-3, HO-4, HO-5, HO-6, DP-3 forms), flood insurance through both NFIP and private-market carriers, and high-value home insurance for properties valued at $1 million and above, with coverage capacity up to $100 million. The agency layers in auto, umbrella/excess liability, fine art and valuables, watercraft, collector vehicle, and cyber/identity fraud coverage, and supports the sales process with an online quote platform that compares up to 10 carrier rates.

The agency's go-to-market is a hybrid model: licensed advisors deliver personalized phone and online consultations while a digital self-service channel captures inbound quote requests; content marketing (Insurance University, video library, state-specific SEO pages) and social channels (Facebook, X, LinkedIn, YouTube) feed top-of-funnel demand. Revenue is generated entirely through carrier commissions on policies placed, with no publicly disclosed pricing or premium volume. Customer segments are split between standard homeowners and high-net-worth households, with flood-prone coastal and high-risk-zone customers as a secondary use case. The firm has earned industry recognition including IBA Top Retail Broker (2023 and 2024), Top US Insurance Company (2020, 2021, 2023), an A+ BBB rating, and Trusted Choice Agency designation, and is led by founder and CEO David W. Clausen. No venture capital, private equity, or M&A activity is present in the data.

Name

Coastal Insurance Solutions

Legal name

Coastal Insurance Solutions

Website

https://coastalinsurancesolution.com

Company type

Private

Founded year

2001

Operating status

Operating

Headcount range

11–50 employees

Short description

Coastal Insurance Solutions is a family-owned independent insurance agency founded in 2001 in Rocky Point, NY, representing 20+ carriers to deliver homeowners, flood, high-value home, auto, umbrella, and specialty insurance to consumers and high-net-worth households across all 50 U.S. states.

Ownership category

akta.pro rank

Product category

Independent Insurance Brokerage

NAICS

Insurance Agencies and Brokerages (52421)

SIC

Insurance Agents, Brokers & Service (6411)

akta.pro primary industry

Homeowners Insurance (FSAJACAA)

akta.pro secondary industries

Personal Umbrella Insurance (FSAJANAA), Inland Marine / Personal Articles & Valuable Items Insurance (FSAJACAJ), Umbrella Insurance (FSAJAMAK)

Keywords

• Independent insurance agency
• Homeowners insurance
• Flood insurance
• High-value home insurance
• Insurance brokerage services

Headquarters

HQ city

Rocky Point

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

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

Revenue model

1. Insurance Commission Revenue: Coastal Insurance Solutions generates revenue through commissions paid by insurance carriers for policies sold. As an independent agency, they earn a percentage of premiums from home insurance, flood insurance, and high-value home insurance policies placed with their carrier network.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels5 records

Core offering

Coastal Insurance Solutions is a family-owned independent insurance agency that shops on behalf of customers to compare quotes from multiple major insurance carriers. It sells homeowners, flood, high-value home, and auto insurance policies through licensed advisors and an online quote platform, representing 20+ carriers including Chubb, AIG Private Client, PURE, Cincinnati Insurance, Vault, Farmers, Progressive, and Travelers.

Product overview

Coastal Insurance Solutions is a family-owned independent insurance agency offering a comprehensive portfolio of insurance products and services. Their core offerings consist of three main product lines: Homeowners Insurance (including HO-3, HO-4, HO-5, HO-6, and DP-3 policy types), Flood Insurance (offering both NFIP and private market options), and High-Value Home Insurance (specialized coverage for homes $1M+ with Guaranteed Replacement Cost). The agency supplements these with additional products including Auto Insurance, Umbrella/Excess Liability, Cyber Liability, Collector Vehicle Insurance, Watercraft, and Fine Arts coverage. They operate an integrated Online Quote Platform that enables customers to compare multiple rates from leading insurers. As an independent agency representing over 20 major insurance carriers including Chubb, AIG, PURE, Cincinnati, National General, Vault, and Farmers, they provide customized insurance packages tailored to individual client needs across all 50 states.

Differentiator

Problem solved

Functional benefit

Quantifiable outcome

• Save up to 15% by bundling home and auto insurance through the same provider
• +3 more outcomes

Named customers5 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Twelve partnerships are on record, tiered core, secondary and minor.

• ChubbcoreChannel Partner/ Reseller/ DistributorChubb is a multinational insurer and the largest commercial insurer in the US with operations in 54 countries/territories. They employ over 30,000 people worldwide and are rated AA by Standard & Poors and A++ by A.M. Best. Chubb specializes in luxury home insurance for high net worth individuals.
• AIG Private Client GroupcoreChannel Partner/ Reseller/ DistributorAIG's Private Client Group focuses on high-value property and casualty products for luxury homes, yachts, private aviation, art collections, wine collections, and high liability limits. They serve clients in more than 80 countries.
• PURE InsurancecoreChannel Partner/ Reseller/ DistributorPURE is a member-owned insurer and part of the PURE Group of Insurance Companies, serving the personal insurance needs of financially successful families across the United States with customizable coverage.
• Cincinnati Insurance CompaniescoreChannel Partner/ Reseller/ DistributorThe Cincinnati Insurance Company is among the nation's top 25 property-casualty insurer groups, rated A+ (Superior) by A.M. Best. They offer the Executive Capstone Program for high net worth families.
• National General InsurancesecondaryChannel Partner/ Reseller/ DistributorNational General (NatGen) offers a Premier Package for luxury homes with reconstruction value over $750,000. They provide nationwide claims service with 24-hour claims hotline available 365 days a year.
• Vault InsurancecoreChannel Partner/ Reseller/ DistributorVault was founded in 2016 by industry veterans from AIG's Private Client team. Backed by Allied World Assurance with $100 billion initial investment, Vault focuses on high-net-worth individuals with average claim response time under 1 hour.
• Farmers InsurancesecondaryChannel Partner/ Reseller/ DistributorFarmers Insurance serves more than 10 million households with over 19 million policies across all 50 states through over 48,000 exclusive and independent agents. They offer multi-line insurance products.
• Progressive InsurancesecondaryChannel Partner/ Reseller/ DistributorProgressive began in 1937 and pioneered drive-in claims service and reduced rates for low-risk drivers. They changed the insurance shopping experience by offering comparison rates on the web.
• Travelers InsurancesecondaryChannel Partner/ Reseller/ DistributorTravelers has over 160 years of history and is the only property casualty company in the Dow Jones Industrial Average. They offer multi-policy discounts of up to 15% and green home discounts.
• Neptune Flood InsurancesecondaryChannel Partner/ Reseller/ DistributorNeptune Flood Insurance is a private market flood insurer offering enhanced coverage with potential savings of up to 25% compared to NFIP policies. They use advanced technology and AI for risk assessment.
• Merchants Insurance GroupminorChannel Partner/ Reseller/ DistributorMerchants Insurance Group was founded in 1918 and provides high-quality affordable insurance for homeowners, automobile owners, and businesses in Northeastern states.
• Hagerty InsuranceminorChannel Partner/ Reseller/ DistributorHagerty Insurance provides unmatched protection for classic and collector vehicles available in all 50 states, offering Guaranteed Value coverage, expert claims handling, and flexible usage for car enthusiasts.

Scale indicators3 records

Recent moves4 records

Expansion highlights5 records

Direct peers

• Hilb Group: Independent insurance brokerage aggregating regional agencies with personal lines emphasis including high-value homeowners; directly comparable agency model and HNW client profile.
• World Insurance Associates: Mid-market independent insurance agency platform operating a multi-carrier model similar to Coastal Insurance Solutions, with comparable HNW and personal lines focus and multi-state reach. PE-backed growth consolidator representing direct channel overlap.
• Cross Insurance: Regional independent insurance agency representing multiple carriers across personal and commercial lines; directly comparable independent agency model and target segments.
• Higginbotham Insurance: Independent insurance agency offering personal and commercial lines through multi-carrier partnerships; similar size and broker-of-record model to Coastal with comparable multi-state expansion strategy.

Emerging players

• Kin Insurance: Direct-to-consumer homeowners insurance provider targeting coastal and catastrophe-exposed markets; competes with Coastal in standard and high-value homeowner segments through digital channels without an agency intermediary.
• Hippo Insurance: Insurtech focused on homeowners insurance with smart-home-driven underwriting; represents the direct-to-consumer threat to traditional agencies like Coastal, particularly in the standard homeowner segment adjacent to HNW.
• Lemonade: AI-driven direct-to-consumer insurance platform offering renters and homeowners policies; an emerging threat to traditional independent agencies by capturing digitally native homeowners before they develop broker relationships.

Broad incumbents

• Acrisure: PE-backed insurance brokerage roll-up with retail personal-lines operations; competes in the same multi-carrier independent agency channel and has actively consolidated smaller agencies at scale.
• Brown & Brown Insurance: Large public insurance broker providing personal lines including high-value homeowners through retail and carrier relationships; a much larger incumbent that overlaps with Coastal's personal-lines brokerage offering.
• HUB International: Large-scale North American insurance brokerage offering personal and commercial lines through a multi-carrier network; competes with Coastal on HNW personal lines but at significantly greater scale and breadth.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights7 records

Customer concentration

• Xx.com/homeinsuranceny
• YouTubeyoutube.com/@highnetworthinsurance
• Facebookfacebook.com/NewYorkHomeownersInsurance
• LinkedInlinkedin.com/company/coastal-home-insurance-solutions

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

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 Coastal Insurance Solutions