In partnership with Oregon FAIR Plan Association, One80 now offers comprehensive homeowners’ insurance throughout the state of Oregon.
BOSTON, MA — May 29, 2024 — One80 Intermediaries (One80), a specialty insurance broker headquartered in Boston, in partnership with the Oregon FAIR Plan Association, today announced the expansion of its market leading homeowners’ coverage throughout the state of Oregon.
Effective immediately, One80 and its carrier partners will offer wrap-around coverage (also known as “Differences in Conditions” or “DIC”) which will match the coverage limits offered by the FAIR Plan, creating a true HO-3 policy (form is the HO-03 05/11). This will round out the limited coverage offered by the FAIR Plan by providing liability, theft, water damage coverage and a few other named perils. The program is available on non-admitted paper in the state of Oregon. Retail brokers are invited to quote, bind and issue policies using One80’s online platform, Access One80.
The Oregon FAIR Plan Association (OFPA) is a non-profit association dedicated to making property insurance available to responsible applicants in Oregon when they are unable to secure overage through normal insurance markets. Currently, the OFPA offers basic homeowners’ coverage which excludes liability, theft and water damage.
“One80 has a proven track record of protecting California homeowners through this program,” said Martin Burlingame, Contract Binding Practice Leader, One80 Intermediaries. “We are thrilled to extend the solution across the state of Oregon,” he continued.
“Many of our brokers have been asking for ways to provide clients with more significant coverage to protect their homes. We are happy to partner with One80, which provides a network of insurance solutions, including a DIC offering through Hamilton Insurance DAC,” said Steve Steinbeck, Executive Director, Oregon FAIR Plan Association.
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Media Contact:
Lenika P. Milne
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About One80 Intermediaries
One80 Intermediaries is a privately held leading insurance wholesaler and program manager with offices in more than 55 locations throughout the United States and Canada. The company offers placement services and binding authority for property and casualty, financial lines, benefits, life, travel/accident and health, affinity and administrative services, warranty business and specialty coverage. One80 serves commercial companies, non-profits, public entities, individuals and associations and unions, and has access to insurance markets in the United States, Canada, Europe and Asia. For more information visit: www.one80.com