American Integrity raises luxury home insurance cap to $15 million
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American Integrity Insurance Group (NYSE: AII) increased its maximum total insured value per property from $12 million to $15 million, according to a company statement.
The Tampa-based property and casualty insurance company expanded coverage limits across Florida, Georgia, North Carolina, and South Carolina for both homeowners and dwelling fire insurance products.
The higher coverage applies to properties that meet specific underwriting criteria. Properties classified as Protection Class 8B, 9, or 10, and homes without central station alarm systems remain ineligible for the expanded program.
"Our ability to expand into higher-value homes starts with underwriting discipline—our ability to consistently select, price, and manage risk at a high level," said Jon Ritchie, President. "We're not simply increasing capacity, we're selectively moving up-market with risks that meet our standards."
American Integrity positions itself as one of Florida's residential property insurance providers. The company was founded in 2006 and trades on the New York Stock Exchange.
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