us coastal property and casualty insurance company

Name

us coastal property and casualty insurance company

Legal name

US Coastal Property and Casualty Insurance Company

Website

https://uscoastalpc.com

Company type

Private

Founded year

2016

Operating status

Operating

Ownership category

akta.pro rank

Product category

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

Condominium (HO-6) Insurance (FSAJACAC), Landlord / Dwelling Fire (DP) Insurance (FSAJACAD)

Keywords

• Coastal property insurance
• Homeowners insurance
• Dwelling fire insurance
• Condominium insurance
• Manufactured home insurance

GTM type

B2C

Offering type

Services

Cost components

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

Revenue model

1. Insurance Premiums: US Coastal P&C generates revenue through homeowners insurance premiums collected from policyholders. The company offers multiple policy types including HO3 (all-risk homeowners), HO6 (condominium unit owners), DP3 (dwelling fire for seasonal/rental properties), and MHO3 (manufactured homeowners). Premiums are collected on a recurring basis with both annual and installment payment options available. The company also provides premium discounts for hurricane loss mitigation on Florida HO3, DP3, and HO6 policies with wind coverage.

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels3 records

Core offering

US Coastal Property and Casualty Insurance Company underwrites and sells coastal property insurance products to individual homeowners. Its portfolio includes the HO3 all-risk homeowners policy, HO6 condominium unit owners policy, DP3 dwelling fire policy for seasonal or rental properties, and MHO3 manufactured homeowners policy. Policies are distributed through Cabrillo Coastal General Insurance Agency with claims administered by Harbor Claims, LLC, and premium discounts are offered for hurricane loss mitigation on qualifying Florida policies.

Product overview

US Coastal P&C Insurance Company is a Florida-domiciled property insurance provider offering a portfolio of homeowners and dwelling insurance products. The product suite comprises four core insurance policies: HO3 (Homeowners Policy) for standard homeowners, HO6 (Unit Owners Policy) for condominium unit owners, DP3 (Dwelling Fire Policy) for seasonal/rental properties, and MHO3 (Manufactured Homeowners Policy) for manufactured homes. The company also offers Hurricane Loss Mitigation premium discounts as a supplementary benefit for applicable policyholders. All products are distributed through the company's online portal and administered by strategic partner Cabrillo Coastal General Insurance Agency, with claims handled by Harbor Claims, LLC.

Differentiator

Problem solved

Functional benefit

Products and services

• HO3 - Homeowners Policy An all-risk (open peril) homeowners policy that covers everything except what is specifically excluded, providing protection for the home and personal property from perils such as fire, lightning, theft, wind, and liability. Available to homeowners in Florida, Mississippi, Alabama, and California.
• HO6 - Unit Owners Policy A named peril policy specifically designed for condominium unit owners, covering only what is specifically noted in the policy. Available in Florida.
• DP3 - Dwelling Fire Policy A dwelling fire policy designed for seasonal, secondary, or rental properties, allowing customers to save money by purchasing only the coverages they need. Available in Florida and Mississippi.
• MHO3 - Manufactured Homeowners Policy A comprehensive policy covering manufactured homes and personal property from risks such as fire, lightning, vandalism, water damage, theft, and wind, including personal property, limited other structures, and loss of use coverage. Available in Florida.

Quantifiable outcome

• 93.6% of Hurricane Ian claims closed by year-end after in-person adjuster visit
• +2 more outcomes

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Three partnerships are on record, tiered core and minor.

• Cabrillo Coastal General Insurance Agency, LLCcoreChannel Partner/ Reseller/ DistributorCabrillo Coastal General Insurance Agency serves as the strategic partner administering all policy services for US Coastal P&C. This includes customer support, policy changes, billing, and payments. The partnership handles all day-to-day policyholder interactions. In California, the company operates under the d/b/a Pacific Coastal General Insurance Agency with License #0M34199.
• Harbor Claims, LLCcoreStrategic or Co-development PartnerHarbor Claims, LLC is the claims administrator for US Coastal P&C with an excellent track record for closing claims quickly and fairly. After Hurricane Ian made landfall on September 28, 2022, they handled over 8,000 claims, closing 93.6% by year-end after an in-person visit from an adjuster. They maintain a network of more than 200 experienced adjusters ready to respond at a moment's notice.
• Demotech, Inc.minorOthersDemotech, Inc. is a leading insurance company rating agency that assigned US Coastal P&C a Financial Stability Rating of A, Exceptional. This rating is accepted by the secondary mortgage market and lenders.

Scale indicators6 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• Citizens Property Insurance Corporation: Florida's state-run insurer of last resort. US Coastal P&C operates as a 'takeout' carrier that assumes policies from Citizens via depopulation, making Citizens both a counterparty and a primary policy source.

Direct peers

• Heritage Property & Casualty Insurance Company: Florida-domiciled P&C insurer focused on personal lines residential property, with significant homeowners and dwelling fire concentration. Direct competitor for coastal Florida risks and a fellow Demotech-rated carrier.
• Universal Property & Casualty Insurance Company: Florida-based P&C insurer specializing in homeowners, condominium, and dwelling fire coverage. Directly comparable product mix and geographic focus to US Coastal P&C.
• Florida Peninsula Insurance Company: Florida-only homeowners insurer offering HO3, HO6, DP3, and MHO products — an essentially identical product set to US Coastal P&C, targeting the same coastal homeowner segment.
• Tower Hill Insurance Group: Florida-domiciled insurer group writing homeowners and related residential property coverage through multiple subsidiaries. Competitor in the same product types and geographies.
• Olympus Insurance Company: Florida homeowners and coastal property specialist offering HO3, HO6, and DP3 forms. Directly comparable product suite and Florida-first distribution strategy.
• People's Trust Insurance Company: Florida-domiciled homeowners-only insurer with coastal exposure concentration. Comparable underwriting focus and reliance on Florida-specific policy forms.
• HCI Group (Homeowners Choice): Florida-based holding company underwriting residential property insurance through subsidiaries. Competes in the same coastal HO3/HO6/DP3 market with a publicly visible capital base.

Emerging players

• Slide Insurance: Florida-focused homeowners and coastal property insurer that has scaled rapidly through Citizens takeouts and organic growth, directly competing with US Coastal P&C for the same coastal book.

Others

• Cabrillo Coastal General Insurance Agency: US Coastal P&C's strategic managing general agency handling all policy administration. While not an underwriter, it is the operational backbone of US Coastal P&C and writes for other coastal carriers as well.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

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 us coastal property and casualty insurance company