American Coastal Insurance Corporation

American Coastal Insurance Corporation, through its subsidiaries, primarily provides commercial and personal property and casualty insurance in the United States. The company offers coverage for standard single-family homeowners, renters, and condominium unit owners, including structure, content, and liability protection. It also provides commercial multi-peril property insurance for residential condominium associations and apartments, covering loss or damage to buildings, inventory, and equipment caused by fire, wind, hail, water, theft, and vandalism. Additionally, American Coastal offers equipment breakdown, identity theft, and flood policies. The company markets and distributes its products through a network of independent agencies.

American Coastal Insurance Corporation is listed on the Nasdaq Capital Market (NasdaqCM) under the ticker symbol ACIC. The company trades in US Dollars (USD), as it is headquartered in the United States and its primary operations are within the country. Being listed on a major US exchange provides investors with liquidity and regulatory oversight.

American Coastal Insurance Corporation operates in the Financial Services sector, specifically within the Insurance - Property & Casualty industry. This means the company is primarily engaged in underwriting insurance policies that protect individuals and businesses against property damage and liability risks. As a property and casualty insurer, it covers events like fires, storms, theft, and accidents, distinguishing it from life or health insurance providers.

American Coastal Insurance Corporation is headquartered in Saint Petersburg, Florida, United States. The company serves the United States market, focusing on providing property and casualty insurance to individuals and businesses. Its geographic concentration in Florida is notable given the state's exposure to hurricanes and other natural disasters, which influences the types of coverage offered, such as wind and flood insurance.

American Coastal Insurance Corporation was founded in 1999 and is based in Saint Petersburg, Florida. The company was formerly known as United Insurance Holdings Corp. before rebranding to its current name in July 2023. This rebranding reflects a strategic shift in focus or identity, though the core business of providing property and casualty insurance remains unchanged.