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Universal Insurance Holdings, Inc. (UIH), with its wholly-owned subsidiaries, is a vertically integrated insurance holding company performing all aspects of insurance underwriting, distribution and claims. Universal Property & Casualty Insurance Company (UPCIC), a wholly owned subsidiary of the Company, is one of the three leading writers of homeowners insurance in Florida and is now fully licensed and has commenced its operations in North Carolina, South Carolina, Hawaii, Georgia, Massachusetts and Maryland. American Platinum Property and Casualty Insurance Company (APPCIC), also a wholly owned subsidiary, currently writes homeowners multi-peril insurance on Florida homes valued in excess of $1 million, which are limits and coverages currently not targeted through its affiliate UPCIC.
UIH’s insurance company subsidiaries have established strong relationships with a network of over 5,700 independent agents by emphasizing personal interaction, offering superior services and maintaining an exclusive focus on homeowners insurance. The Company’s insurance company underwriters work closely with independent agents to market and underwrite business. With competitively priced products, convenient installment billing plans and proactive claims management, both UPCIC and APPCIC provide their customers with superior service.
At March 31, 2013, UIH's insurance company subsidiaries serviced approximately 562 thousand homeowners and dwelling fire insurance policies.
Diverse coverage options offered by UPCIC include the following:
Homeowners policy
Designed for owner occupied dwellings
Renter's policy
Designed to cover contents in a rented dwelling
Condominium policy
Designed to provide coverage for owner occupied or tenant occupied condominiums
Dwelling fire policy
Designed to protect landlord's dwelling
Dwelling coverage
Designed to protect against covered perils
Other structures coverage
Designed to cover unattached structures on covered property
Personal property coverage
Designed to provide worldwide coverage for personal contents
Personal liability coverage
Designed to provide legal protection for claims from accidents to others
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Diverse coverage options offered by APPCIC include the following:
Homeowners policy
Designed for dwellings occupied by the owner
Personal articles floater
Protection for your high-value scheduled items
Dwelling coverage
Protection against covered perils such as wind, hail, lightning, or fire
Other structures coverage
Protection structures on covered property other than a home, such as a garage or shed
Personal property coverage
Worldwide coverage for personal contents
Personal liability coverage
Legal protection for claims from accidents to others
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