Velocity Risk Underwriters, or Velocity, was founded in 2014 and offers catastrophic home insurance in several coastal states without traditional coastal restrictions.
Home insurance plans from Velocity are available in Connecticut, Florida, New Jersey, New York, North Carolina, and Texas. They focus exclusively on monoline property and offer coverage for homeowners, rental properties, and condominiums.
In addition to catastrophic coverage, their insurance plans cover risks such as fire, lightning, theft, wind and hurricane, and personal liability. Plans include dwelling insurance for homeowners, renters insurance or tenants’ insurance, condo or unit owner insurance, and dwelling property insurance for landlords.
