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STABILITY, STRENGTH, SERVICE
Olympus Insurance is revolutionizing the Florida homeowners’ insurance market. Our financial strength and superior service mean you can be confident that Olympus is here to stay.
The recent economic recession, combined with a challenging Florida insurance market, caused many larger insurers to leave the state. In their wake, numerous smaller companies sprouted up, assuming billions of dollars worth of “take-out” policies – even in higher risk coastal areas.
Olympus Insurance Company is a different Florida home insurance company. With our uniquely disciplined growth strategy, we chose not to assume take-out policies. We instead focused on growth from within, gradually building up our financial strength. In just three years, Olympus has become one of the most financially stable homeowner insurance partners in Florida. Whether you’re an agent or a homeowner, live inland or on the coast, doing business with us means stability, security and peace of mind.
Our focus on three core areas makes this possible:
Financial Strength
Olympus is capitalized well in excess of industry standards. As of June 30, 2010, Olympus has over $21 Million in policyholders’ surplus. Our catastrophe reinsurance program, through a panel of highly-rated reinsurers, is designed to provide financial stability and protects the solvency of the company through extreme catastrophic events. In addition, we continue to maintain a conservative level of aggregate exposure relative to our capital capacity. Our solid balance sheet and disciplined business strategy leave no doubt that we will be here when our policyholders need us.
Agent and Customer Focus
Service to both customers and agents is integral to our success. We provide a service coupled with a product and counsel. Our goal is to carefully select risk, which keeps our rates competitive. Being in a strong financial position also allows us to better manage risk, providing confidence to both agents and customers.
Experience and Expertise
Seasoned veterans with extensive experience underwriting and managing risk has bred a culture of methodic, carefully orchestrated strategy that positions Olympus Insurance for continued growth throughout the Sunshine State.
At Olympus Insurance, we write voluntary homeowner, dwelling fire, and condo policies through a statewide network of more than 2,000 independent agents who specialize in personal insurance. Olympus underwrites each home that it insures individually and does not "take out" policies in bulk from other carriers.
We inspect all properties by a certified inspector at no cost to you to substantiate the value of your home. Not only can these inspectors determine the appropriate value of your dwelling, but they can also verify any visual characteristics of your home that could possibly mean a saving in premiums for you.
Olympus Insurance Company’s broad form provides property and liability coverage for a range of dwelling values from $100,000 to $2,000,000. With an Olympus policy, you can customize coverage to fit your needs while feeling confident that the fundamental perils are covered in your policy. Some of the additional endorsements we offer are:
Flood and Rental Property Discount
A 2.5% premium credit will be applied to the Homeowners policy if the policyholder also has an active Flood or Rental Property policy issued through Olympus Insurance Company.
