Progressive rebalances homeowners’ book, diversifies away from Florida
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Progressive rebalances homeowners’ book, diversifies away from Florida

Farhin Lilywala
September 29, 2023
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Progressive is rebalancing its homeowners’ book by non-renewing roughly 47,000 DP-3 and 53,000 high-risk homeowners’ policies in Florida, this publication has learned.

The carrier’s strategy is to diversify away from its exposure in Florida.

Progressive is exiting its non-owner-occupied book and discontinuing writing DP-3 policies in the Sunshine State.

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News Progressive Florida Homeowners' insurance
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Farhin Lilywala
Section Editor, Distribution & Specialty
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