Stand Launches Its First Open-Market Hurricane Insurance in Florida, Funding and Coordinating Home Fortification With Discounts of Up to 40% for Targeted Upgrades
Stand, a carrier that began with California wildfire risk, launched its first open-market hurricane insurance offering in Florida, using a physics-based model to identify vulnerable homes, coordinating and potentially financing upgrades, and offering premium discounts of up to 40% for targeted improvements such as roof anchor clips and water shutoff valves.