Florida companies launch new homeowners' insurance program to ease coverage access

Two Florida insurance companies, Security First Insurance and Embark MGA, have launched a new homeowners' insurance program aimed at easing coverage access for homebuyers. This program integrates insurance quotes into the homebuying process, addressing challenges in the current insurance crisis. Florida's insurance market has faced significant issues, with rising premiums and limited options due to climate change impacts. The new program offers HO5 policies, which provide comprehensive coverage and streamlined claims processing, making it easier for buyers to secure insurance. The partnership allows for quicker, accurate insurance quotes by preloading builders' home inventory and community details. The companies have not yet specified when the program will be available.