Homeowners of America (HOA), a property and casualty insurance provider and recent acquisition of Porch Group, Inc. (Porch) has launched its service in Illinois
Porch, a leading vertical software company reinventing the home services and insurance industries, completed its acquisition of HOA in April 2021 with plans to drive growth in HOA’s current markets and begin national expansion. HOA now operates in seven states including Illinois. Porch is supporting HOA insurance operations expertise with its low cost and early access to homebuyers who need insurance and robust property data that is unique to Porch.
“The Illinois expansion is the start of our commitment to scaling our homeowner’s insurance products across the country,” said Matt Ehrlichman, Porch founder, chairman, and CEO. “Our technology platform enables nearly immediate results for HOA agents and customers. We’re excited to be one of the leaders in the InsurTech industry and we believe additional state expansion will create significant growth for HOA and Porch.”