Orion180 Expands FLEX Home Insurance to All Homes in California
PRODUCT: FLEX Home Insurance.
COMPANIES: Orion180 Insurance.
AVAILABILITY: Available on an open-brokerage basis.
FOCUS: Recently, Orion180 Insurance, a provider of flexible, customer-centric homeowners and flood insurance solutions, announced the launch of its FLEX Home Insurance product for California, which enables homeowners to personalize their policies by adjusting covered perils and a wide range of deductible options based on risk exposure and financial goals.
Increases in homeowners insurance premiums in California are being driven by rising rebuilding costs and the growing frequency and severity of natural disasters. The risks have also led to major insurers exiting the state’s highest-risk markets, leaving many communities with fewer options and increased uncertainty. Orion180’s FLEX product addresses these challenges in California, offering customizable coverage across the state, including areas prone to wildfires and the coast.
“Our focus is on delivering innovative insurance solutions that put choice and confidence back in the hands of homeowners,” says Ken Gregg, CEO of Orion180. “The pressures of significant wildfire risk and limited insurance availability have made protecting homes more difficult than ever.”
“FLEX provides clarity, adaptability, and assurance where options have become increasingly scarce,” he says. “We’re proud to serve California with a strong commitment to stability and long-term presence.”
COVERAGE DETAILS: Key benefits of FLEX Home Insurance include:
Customizable coverage options. Homeowners can design policies that align with their unique property risks and lifestyle needs for up to $3 million in dwelling.
No exclusion zones. FLEX is available to properties in wildfire-prone areas and coastal communities with no distance-based pricing exclusions or restrictions.
Flexible 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.
Rewards for claim-free living. Eligible customers may receive a credit of up to 100% of their first-year premium in year 10 based on their claims-free history.
Discount options. Savings opportunities include senior homeowner discounts, companion policy, wildfire mitigation and benefits for military members and first responders.
UNDERWRITING: The California product is available for owner-occupied homes in good condition and must be insured for 100% of the replacement cost. Coverage A coverage ranges from $400,000 to $3 million, with a total insured value—Coverage A through D—up to $5 million.
Eligibility is determined by factors such as location and roof age or type. Coverage requirements differ depending on mortgage status. Mortgaged homes typically require coverage for perils such as wind and hail, whereas non-mortgaged homes offer more flexibility.
TARGET: California homeowners.
COVERAGE AVAILABILITY: California.
CONTACT: Orion180 Insurance.
Will Jones is IA editor-in-chief.
Agency Management Solutions
Insurance Markets
This month’s issue
The December issue is out now!
