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Esurance, Security First Partner Over Mortgage Payments

On Tuesday popular car insurance company ""Esurance"":http://www.esurance.com/ announced a deal with ""Security First Insurance Company"":http://www.securityfirstflorida.com/ that allows the two to offer homeowners' insurance in Florida.


""[This is] an opportunity for us to reach those customers looking for bundled quotes from us,"" said Danny Miller, a spokesperson for ""Esurance"":http://www.esurance.com/.

""A lot of times we get calls from those who want an auto policy but also from those who want a home policy,"" and these trends prompted the decision to move forward with a partnership, he said.


Miller said the deal is ""a good opportunity for us to reach those customers when other companies are pulling out from the mortgage market.""

""Security First"":http://www.securityfirstflorida.com/ underwrote the new policy, which will supply Floridians with homeowners' insurance with an array of mortgage payment options, including escrow, full pay, and monthly, according to the statement.

The partnership arrives on the heels of a Quinnipiac University poll that held a resounding 63 percent of Floridians felt that property insurance is hard to come by, with about three-fourths of those agreeing on the inaccessibility of property insurance.

According to the statement, ""Esurance"":http://www.esurance.com/ will offer quotes over the phone to Floridians that have received rate increases, non-renewal, or cancellation notices from their homeowner insurers. Some discounts are available for those with burglar alarms, newer homes, and various sprinkler systems.

Often covering weather- and theft-related damages, homeowners' insurance options also apply to premise possessions, identify theft, plumbing problems, and liability and replacement costs.

""Esurance"":http://www.esurance.com/, a subsidiary of ""White Mountains Insurance Group, Ltd."":http://www.whitemountains.com/, provides consumers with personal auto insurance, according to its Web site.

About Author: Ryan Schuette

Ryan Schuette is a journalist, cartoonist, and social entrepreneur with several years of experience in real-estate news, international reporting, and business management. He currently lives in the Washington, D.C., area, where he freelances for DS News and MReport.

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