|By PR Newswire||
|January 28, 2014 07:33 PM EST||
IRVING, Texas, Jan. 28, 2014 /PRNewswire-iReach/ -- Homeowners of America Insurance Company (HOAIC), a Texas-based property and casualty insurance company, expands its products to offer Homeowners of America Flood Insurance to its policyholders in Texas through a private label partnership with Wright Flood, the nation's largest flood insurance provider. Homeowners of America Insurance Company matches its vast local knowledge of the Texas marketplace with Wright Flood's reputation for exceptional claims experience to offer federal flood policies under the Homeowners of America Flood Insurance brand name. "For over 20 years Wright Flood has been solely focused on flood insurance with a reputation for claims expertise and pairs well with our property insurance products," said Spencer W. Tucker, President and CEO of HOAIC headquartered in Irving, Texas.
"Flood insurance is Wright Flood's only insurance product. At Wright Flood, we pay claims without the potential for conflict with any other property coverage," said Henry Neal Conolly, President. "Wright Flood employs the largest full time flood claims staff in the industry, to adjust and timely pay losses." Within the first 90 days after Superstorm Sandy, Wright Flood closed or advanced payment to nearly 70% of its 20,000 claimants; while the flood industry was generally criticized for a closed claim rate that reportedly reached just 30%. Wright Flood, previously Fidelity National, earned its strong claims handling reputation during Hurricane Katrina and offers that strength now to Homeowners of America Flood Insurance."
About Homeowners of America Insurance Company (HOAIC)
Homeowners of America Insurance Company is a Texas-based property and casualty insurance company committed to providing top quality products and services to our customers. Homeowners of America has been given an "A" exceptional rating by Demotech, Inc. At HOAIC, our goal is to be both efficient and easy to work with. This starts with our user friendly internet based rating platform, our professional, courteous and personal customer service and our excellent claims service. Our motto is "We won't rest until we're the best". Our Agents and Customers can visit us at www.hoaic.com. HOAIC is a subsidiary of Homeowners of America Holding Corporation. Contact: Melissa Kelley, 866-407-9896 X4263 or [email protected].
Wright Flood provides federal flood insurance and leading industry expertise, earning an A- (Excellent) rating from A.M. Best. As the largest provider of federal flood insurance in the U.S., Wright Flood takes pride in user-friendly technology, exceptional claims reputation and providing the service that clients deserve. We think that is the measure of the right relationship. Agents and policyholders may visit us at www.wrightflood.com. A subsidiary of The Wright Insurance Group since 2011, more information is available at www.wrightinsurance.com. Contact: Dolores D. Glass, 866-373-5663 X7651or [email protected].
Media Contact: Melissa Kelley, Homeowners of America Insurance Company, 866-407-9896 X4263, [email protected]
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SOURCE Homeowners of America Insurance Company