Risk Theory launches high value homeowners insurance

Jupiter Risk Services, an affiliate of Risk Theory, a provider of insurance programs, is launching High Value Homeowners Insurance, a new insurance product designed for single-family, high-value homeowner properties with coverage ranging from $800,000 to $10,000,000.

The product, offered on a surplus lines basis and exclusively available to its retail agency network, will initially be available in Texas, with plans to expand nationwide by the end of 2024.

Risk Theory’s expansion into personal lines insurance marks a significant step beyond its commercial insurance portfolio.

“In partnership with an A.M. Best A- insurance company, we are excited to bring our expertise and renowned service to the residential market. This new product line underscores our dedication to innovation and meeting the evolving needs of our clients.” – Ed Sustala, Executive Vice President at Risk Theory.