Gulf States Insurance

What Gulf States Insurance does

Gulf States Insurance Company, Inc. is a privately held, regional Property & Casualty insurance carrier headquartered in Lafayette, Louisiana, providing residential property insurance products tailored to Gulf Coast risks. The company offers three core lines: Homeowners insurance (covering structure, personal belongings, and family against storms, wind, and hurricanes), Flood insurance (protection against rising water damage common to coastal Louisiana, Mississippi, and Alabama), and Dwelling Fire insurance for rental properties, seasonal homes, and investment dwellings. Products are distributed exclusively through a network of 484 independent insurance agents, supported by a separate regional entity, Coastal American Insurance Company, which handles Mississippi and Alabama operations.

The underlying technology is a Property & Casualty insurance platform comprising policy administration, claims processing, and flood insurance management systems, with self-service portals for policyholders (Insured Policy Center) and agents (Agent Center), plus a first-notice-of-loss claim filing interface. The company holds a Demotech Financial Stability Rating of A (Exceptional/Superior) and BBB A+ accreditation. Office footprint consists of a Lafayette, Louisiana headquarters and a Gulfport, Mississippi regional office.

The revenue model is built on recurring insurance premiums collected annually or on installment schedules, priced on a quote basis customized by property characteristics, coverage limits, deductibles, and Gulf Coast risk factors. Distribution is exclusively channel-based via independent agents who provide local market expertise and customer relationship management; the company does not sell direct-to-consumer. End customers are primarily Gulf Coast homeowners, rental property owners, and flood insurance seekers in high-risk coastal zones; named distribution relationships include TWFG Insurance Services, Brightway Insurance, Goosehead Insurance Agency, Hub International Gulf South, and other independent agencies across the three-state Gulf region.

Name

Gulf States Insurance

Legal name

Gulf States Insurance Company, Inc.

Website

https://gulfstatesinsure.com

Company type

Private

Founded year

2016

Operating status

Operating

Headcount range

11–50 employees

Short description

Gulf States Insurance is a regional Property & Casualty insurer headquartered in Lafayette, Louisiana, providing homeowners, flood, and dwelling fire insurance exclusively through 484 independent agents across Louisiana, Mississippi, and Alabama.

Ownership category

akta.pro rank

Product category

Personal Lines Property and Casualty Insurance

NAICS

Direct Property and Casualty Insurance Carriers (524126)

SIC

Fire, Marine & Casualty Insurance (6331)

akta.pro primary industry

Homeowners Insurance (FSAJACAA)

akta.pro secondary industries

Flood Insurance (FSAJACAG), Landlord / Dwelling Fire (DP) Insurance (FSAJACAD)

Keywords

• Property casualty insurance
• Homeowners insurance coverage
• Flood insurance policies
• Dwelling fire insurance
• Independent insurance agents

Headquarters

HQ city

Lafayette

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

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

Revenue model

1. Insurance Premiums: Property and casualty insurance premiums collected from policyholders for homeowners, dwelling fire, and flood insurance coverage. Premiums are recurring in nature, typically paid annually or on installment schedules.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

Gulf States Insurance provides Property and Casualty insurance products — specifically Homeowner's Insurance, Flood Insurance, and Dwelling Fire Insurance — designed for Gulf Coast communities across Louisiana, Mississippi, and Alabama. Coverage addresses regional risks including hurricanes, tropical storms, wind damage, and flooding, and is distributed exclusively through a network of approximately 484 independent insurance agents. The company operates alongside its wholly-owned subsidiary, Coastal American Insurance Company, which handles Mississippi and Alabama operations.

Product overview

Gulf States Insurance offers a focused portfolio of three core property and casualty insurance products specifically designed for Gulf Coast communities: Homeowner's Insurance (covering homes against regional risks like storms, wind, and hurricanes), Flood Insurance (providing protection against rising water damage), and Dwelling Fire Insurance (covering rental properties, seasonal homes, and investment dwellings). The company operates through Gulf States Insurance Group and Coastal American Insurance Company, offering products exclusively through a network of Independent Agent partners across Louisiana, Mississippi, and Alabama. The Dwelling Fire product includes customizable coverage options such as premises liability protection, service line coverage, equipment breakdown coverage, and personal property coverage.

Differentiator

Problem solved

Functional benefit

Products and services

• Homeowner's Insurance Property and casualty insurance coverage protecting the home structure, personal belongings, and family against Gulf Coast-specific risks including storms, wind, and hurricanes. Targeted at homeowners in Louisiana, Mississippi, and Alabama; sold exclusively through independent insurance agents.
• Flood Insurance Coverage for flood-related losses offering protection against rising water damage, a common threat in the Gulf Coast region. Targeted at homeowners and property owners in FEMA-designated or high-risk coastal flood zones in Louisiana, Mississippi, and Alabama; sold through independent insurance agents.
• Dwelling Fire Insurance Affordable protection for rental properties, seasonal homes, and investment dwellings, covering the structure and essential liabilities. Includes customizable coverage such as dwelling, other structures, fair rental value, additional living expenses, premises liability protection, service line coverage, equipment breakdown coverage, and personal property coverage. Targeted at landlords and property investors in the Gulf Coast region; sold through independent insurance agents.

Named customers7 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

Seven partnerships are on record, tiered standard and core.

• Henry Insurance Service IncstandardChannel Partner/ Reseller/ DistributorIndependent insurance agency located in Baton Rouge, Louisiana. Sells Gulf States Insurance products including homeowners, flood, and dwelling fire insurance to customers in the greater Baton Rouge area.
• TWFG Insurance ServicescoreChannel Partner/ Reseller/ DistributorMulti-location independent insurance agency with multiple agents selling Gulf States Insurance products across Louisiana, Alabama, and Mississippi. One of the larger agent partnerships with offices in Baton Rouge, Lafayette, Mobile, Saraland, Mandeville, and other Gulf Coast locations.
• Brightway Insurance LLCcoreChannel Partner/ Reseller/ DistributorIndependent insurance agency with multiple agents representing Gulf States Insurance in Louisiana markets. Agents include Jack Vaccarella in Lafayette, John Scott in Baton Rouge, and others serving Louisiana customers.
• Goosehead Insurance AgencystandardChannel Partner/ Reseller/ DistributorIndependent insurance agency with multiple agents selling Gulf States Insurance products in Mississippi (Jackson Knox in Gulfport, David 'Brock' Wix in Crowley) and Louisiana locations.
• Powell Insurance Group LLCstandardChannel Partner/ Reseller/ DistributorIndependent insurance agency in Biloxi, Mississippi selling Gulf States Insurance products to customers in the Mississippi Gulf Coast area.
• Hub International Gulf SouthcoreChannel Partner/ Reseller/ DistributorLarge insurance brokerage with multiple Gulf South locations including Metairie, Rayne, and Lafayette in Louisiana, selling Gulf States Insurance products through local agents.
• Chabert Insurance (Multiple Locations)standardChannel Partner/ Reseller/ DistributorIndependent insurance agency with multiple locations including St. George, Gonzales, Cutoff, Kenner, and Thibodaux in Louisiana, selling Gulf States Insurance products.

Scale indicators2 records

Recent moves6 records

Expansion highlights4 records

Emerging players

• Prepared / TypTap Insurance: Insurtech-focused property insurer offering catastrophe-exposed homeowners coverage through digital channels. Comparable in product focus on catastrophe-prone regions but differentiated by direct-to-consumer technology stack rather than independent agent distribution.

Direct peers

• Slide Insurance: Florida-focused homeowners and coastal catastrophe insurance carrier using independent agent distribution. Recent entrant with strong growth trajectory, comparable to Gulf States Insurance in regional specialization and product focus.
• Tower Hill Insurance Group: Regional Florida-domiciled homeowners insurance carrier selling through independent agents. Direct comparable in core product, distribution model, and coastal catastrophe exposure, with similar A-range financial strength ratings.
• Universal Insurance Holdings (Universal Property & Casualty): Public specialty homeowners insurance carrier with significant coastal/Florida exposure. Comparable in product portfolio and independent agent distribution, but operates at substantially greater scale with broader geographic reach.
• Heritage Property & Casualty Insurance: Florida-focused homeowners insurance carrier distributed through independent agents, with concentration in coastal and catastrophe-prone markets. Directly comparable product set and distribution model to Gulf States Insurance.
• SageSure Insurance Managers: Specialty insurance carrier focused on catastrophe-exposed coastal and high-hazard homeowners markets. Operates through independent agents and shares Gulf States Insurance's regional specialization model and flood/wind exposure profile.
• Florida Peninsula Insurance Company: Florida-only homeowners insurance carrier specializing in coastal catastrophe risk. Comparable to Gulf States Insurance in product focus (HO, dwelling fire, flood) and distribution through independent agents, though concentrated in FL rather than the Gulf states.
• HCI Group / Homeowners Choice: Public specialty insurance holding company writing homeowners coverage primarily in Florida. Comparable in product focus, independent agent distribution, and coastal catastrophe exposure, though larger and publicly listed.

Broad incumbents

• Citizens Property Insurance Corporation: Florida's state-backed residual market insurer of last resort for coastal homeowners unable to find coverage in the voluntary market. Competitor to Gulf States Insurance for coastal catastrophe-exposed properties in adjacent geography.
• Louisiana Citizens Property Insurance Corporation: Louisiana's residual market insurer providing last-resort coverage to homeowners unable to obtain insurance in the voluntary market. Operates in Gulf States Insurance's home state and competes for catastrophe-exposed coastal risks.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/gulf-states-insurance-company

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries1 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 Gulf States Insurance