Orion180, a leading provider of flexible, customer-centric homeowners and flood insurance solutions, today announced the launch of its FLEX Home Insurance product in 14 coastal counties of Florida. FLEX offers highly customizable policies, allowing homeowners to choose coverage and deductibles to fit their risk tolerance and budget.

Florida’s hurricanes, flooding, and other natural disasters have made personalized insurance coverage critical for homeowners. Homeowners in the state pay an average of $5,340 annually in insurance, according to data from Bankrate, which is the second highest in the United States. As a result, Florida is among the top 10 in states with uninsured homes at 18.1%, with Miami-Dade having the highest amount among the country’s most at-risk counties.

“Standard home insurance policies are outdated for today’s consumer, and a lot of time do not align with the individual’s budget and interest,” said Ken Gregg, CEO of Orion180. “FLEX gives homeowners the power of choice. The policy is flexible and allows consumers to choose coverages that fit their individual needs and budget.”

Key benefits of FLEX Home Insurance:

• Customizable coverage options: Homeowners can adjust a wide range of base perils and coverages to better match their risk appetite and budget.
•   Deductible and copay options: Policyholders can choose from many deductible options and copay percentages to balance upfront costs with long-term savings.
• Claims-free bonus: Depending on the length of the claims-free period, homeowners can receive a bonus of up to 100% of their first-year premium.
•  Rate locking feature: Homeowners can extend the policy term to lock in their premium to control rising insurance costs.

FLEX Home Insurance is available now through select Florida insurance agents in Miami-Dade, Broward, Palm Beach, Hillsborough, Pinellas, Lee, Sarasota, Manatee, Brevard, St. Lucie, Collier, Martin, Charlotte and Indian River counties.

To learn more about Orion180 FLEX Home Insurance, visit https://orion180.com/flex/.