Esurance, Security First to Sell Homeowners Insurance in Florida
28.06.11
Esurance, the online car insurance body, said that it is partnering with Security First Insurance Co. as an underwriter to offer homeowners insurance in Florida.
The move comes a little more than a month after Allstate Insurance announced it is buying Esurance.
Esurance is the third-largest provider of online auto insurance quotes through its website and a 24/7 call center. It sells auto policies in 30 states. Over the prior five years, Esurance has more than doubled policies in force and grown premiums on average 20 percent per year, according to the band, which advertises heavily.
Esurance also sells other personal lines coverages including homeowners through partnerships with carriers, as it is now doing with Protection First in Florida.
Security First has been writing homeowners in Florida since 2005. It reports having more than 115,000 Florida policyholders.
Source: Insurance Journal