Orion180 Insurance, a provider of homeowners and flood insurance coverages, has launched its FLEX Home Insurance product in nine eastern counties of Massachusetts.
FLEX provides customizable coverage, allowing homeowners to adjust coverages and deductibles to align with their individual risk preferences and financial goals. Its policies come without coastal restrictions, a rare offering.
FLEX Home Insurance is available now through select Massachusetts insurance agents in Essex, Plymouth, Middlesex, Barnstable, Suffolk, Dukes, Norfolk, Nantucket, and Bristol counties.
“Our mission is to bring smarter, more accessible insurance solutions to underserved communities,” said Ken Gregg, CEO of Orion180.
According to the firm, some of the benefits io its FLEX coverages include:
- Flexible Coverage Customization: Homeowners can tailor core coverages and perils to align with their specific risk tolerance and financial needs.
- No Coastal Restrictions: FLEX supports coastal counties with no distance-based pricing exclusions or restrictions.
- Variable Deductibles and Copays: Policyholders can select from a range of deductible levels and copay percentages to optimize both short-term costs and long-term value.
- Claims-free Reward: Eligible homeowners may earn a bonus of up to 100% of their first-year premium based on the duration of their claims-free history.
- Significant Discounts: Eligible homeowners can access significant savings via senior discounts, tree-free yards, military/first responder, and more.
Orion180 operates through Orion180 Insurance Co., a surplus lines insurance company serving 11 states, and Orion180 Select Insurance Co., an admitted insurance company offering coverage in seven states.
Topics
Flood
Massachusetts
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