What Tower Hill Specialty does

Tower Hill Specialty, LLC is a personal lines property insurance carrier headquartered in Gainesville, Florida, operating as a subsidiary of Tower Hill Insurance Group, LLC (founded 1972). The company underwrites monoline property coverage across the Southeast United States through licensed insurance agents and brokers, offering four core product programs: Homeowners (HO3) for owner-occupied and seasonal residences valued up to $750,000; Manufactured Homes (MHO) for mobile and manufactured housing up to $300,000 with no age restrictions; and two Dwelling Fire programs (DP1 and DP3) for rental, vacant, and seasonal properties up to $1 million. The company's underwriting platform targets both standard and hard-to-place risks, including mid-century homes with multiple prior claims and non-traditional occupancy types.

Distribution is channel-based: agents and brokers access a dedicated portal (portal.thig.com) to quote and bind policies, while policyholders can self-serve through a customer portal (customerportal.thig.com) and a mobile application available on iOS and Android. The company relies on quote-based pricing tied to risk profile, location, and coverage amount, generating revenue through recurring annual premiums. Underwriting credibility is anchored by the parent group's Demotech A (Exceptional) Financial Stability Rating as of July 2025 and a BBB A+ accreditation.

The business model is essentially a regional specialty carrier focused on underserved property segments within a defined geographic footprint. Growth depends on agent network expansion in the Southeast, broadening the hard-to-place risk portfolio, and incremental digital engagement via the mobile app and direct website quote functionality. Revenue mechanics are entirely premium-driven with no disclosed alternative revenue streams, and concentration is inherently diversified across a large base of individual policyholders rather than enterprise accounts.

Name

Tower Hill Specialty

Legal name

Tower Hill Specialty, LLC

Website

https://thspecialty.com

Company type

Private

Founded year

1972

Operating status

Operating

Headcount range

11–50 employees

Short description

Tower Hill Specialty is a Southeast US personal lines property insurance carrier offering homeowners, manufactured home, and dwelling fire coverage through licensed agents, targeting both standard and hard-to-place risks including mid-century homes with prior claims.

Ownership category

akta.pro rank

Product category

Personal Property Insurance

NAICS

Insurance Carriers and Related Activities (524)

akta.pro primary industry

Renters Insurance (FSAJACAB)

akta.pro secondary industry

Surplus Lines Property (CAT/High-Hazard) (FSAJAGAB)

Keywords

• Personal property insurance
• Monoline property coverage
• Dwelling fire insurance
• Homeowners insurance
• Manufactured home coverage

Headquarters

HQ city

Gainesville

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, Others

Revenue model

1. Insurance Premium Revenue: Tower Hill Specialty generates revenue through insurance premiums collected from policyholders. Products include Homeowners (HO3), Manufactured Homes (MHO), and Dwelling Fire (DP1 & DP3) coverage. Premiums are collected on a recurring basis aligned with policy terms, covering homes valued up to $750,000 for standard coverage and up to $1 million for certain dwelling programs.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels4 records

Core offering

Tower Hill Specialty is a personal lines property insurance carrier offering monoline coverage for traditional dwellings, manufactured homes, and hard-to-place property risks. The company underwrites Homeowners (HO3), Manufactured Homes (MHO), and Dwelling Fire (DP1 and DP3) policies, distributed exclusively through licensed insurance agents and brokers in the Southeast United States.

Product overview

Tower Hill Specialty is a subsidiary of Tower Hill Insurance Group offering a portfolio of property insurance products targeting both niche and standard monoline markets. The product portfolio consists of four core insurance programs: Dwelling Fire (DP1) providing named peril coverage for owner-occupied, seasonal, rental and vacant homes; Dwelling Fire (DP3) providing open peril coverage for newer homes with replacement cost benefits; Manufactured Homes (MHO) covering mobile and manufactured housing with no age restrictions; and Homeowners (HO3) for standard homeowner coverage. Additionally, a mobile application enables policyholders to access and manage their accounts on iOS and Android devices.

Differentiator

Problem solved

Functional benefit

Products and services

• Homeowners (HO3 Program) Standard homeowners insurance for owner-occupied and seasonal residences valued up to $750,000, with homes required to be 80 years of age and newer. Features replacement cost loss settlement and occasional rental coverage availability.
• Manufactured Homes (MHO Program) Open peril coverage for manufactured/mobile homes valued up to $300,000 with no age restrictions. Supports owner-occupied, seasonal, rental, and vacant occupancies with liability limits up to $500,000 and replacement cost loss settlement for homes up to 30 years old.
• Dwelling Fire (DP1 Program) Named peril coverage for dwellings up to $500,000 for owner-occupied, seasonal, and rental properties, and up to $1,000,000 for vacant homes. Features actual cash value loss settlement, no age restrictions, liability limits up to $500,000, and eligibility for homes with multiple prior claims.
• Dwelling Fire (DP3 Program) Open peril coverage for homes 80 years of age and newer, valued up to $750,000 for rental properties and up to $1,000,000 for seasonal and vacant properties. Offers replacement cost loss settlement for home and other structures, ACV for contents with optional replacement cost upgrade, and liability limits up to $500,000.

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators4 records

Recent moves4 records

Expansion highlights4 records

Direct peers

• Heritage Insurance Holdings: Florida-based specialty property and casualty insurer writing personal and commercial property coverage primarily through independent agents in coastal states. Closely comparable to Tower Hill Specialty in Southeast regional focus, specialty property underwriting, and reliance on agent/broker distribution.
• Florida Peninsula Insurance Company: Florida-focused homeowners insurer writing HO3, dwelling fire, and manufactured home coverage through independent agents. Direct peer to Tower Hill Specialty given overlapping product portfolio, Southeast regional concentration, and similar distribution motion.
• ASI (American Strategic Insurance): ASI is a Florida-headquartered personal property insurer writing homeowners, condo, manufactured home, and dwelling fire coverage across the Southeast and coastal states via independent agents. Comparable to Tower Hill Specialty in product breadth, Southeast distribution, and underwriting of non-standard property risks.
• Universal Insurance Holdings (UPC): Florida-headquartered holding company underwriting homeowners property insurance through multiple subsidiaries in the Southeast. Directly comparable to Tower Hill Specialty in target market (Southeast homeowners), distribution (independent agents), and product focus (HO3, DP, manufactured homes), with substantially greater scale.
• Prepared Insurance (Slide Insurance): Florida-based specialty personal property carrier writing homeowners, condo, and dwelling fire coverage in catastrophe-exposed geographies through independent agents. Direct peer based on Southeast footprint, specialty property focus, and willingness to write non-standard risks.
• Frontline Insurance Corporation: Florida-headquartered personal property insurer writing homeowners, dwelling fire, and manufactured home coverage through independent agents across the Southeast. Direct peer given overlapping product portfolio, regional concentration, and specialty risk focus.
• Security First Insurance Company: Florida-based property insurer offering homeowners, dwelling fire, and specialty property coverage through independent agents. Directly comparable to Tower Hill Specialty on Southeast regional focus, product mix, and independent agent distribution.

Broad incumbents

• Allstate: National personal lines insurance giant offering homeowners, auto, and life coverage through a mix of captive and independent agents. Broad incumbent that competes with Tower Hill Specialty in standard homeowners while Tower Hill Specialty focuses on non-standard risks that Allstate typically declines.
• Liberty Mutual: National multiline P&C insurer offering homeowners, auto, and small commercial coverage across the US through independent agents and direct channels. Broad incumbent comparable to Tower Hill Specialty in agent distribution for personal property coverage.

Regional players

• Citizens Property Insurance Corporation: Florida state-backed residual market insurer of last resort for property coverage. Functions as the market baseline against which carriers like Tower Hill Specialty compete; meaningful as a peer because every private carrier in Florida effectively takes policies out of Citizens through depopulation.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks4 records

Key highlights6 records

Customer concentration

• Xx.com/THSpecialty
• LinkedInlinkedin.com/company/tower-hill-specialty-group

Compliance1 record

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 Tower Hill Specialty