In September 2011, Home Value Insurance Co. introduced a type of homeowners' insurance intended to safeguard families against a decline in property value. At the time, the coverage was only available to Ohio residents; however, the company had projected to sell the policies in “15 to 20 states” by the end of 2012.
It would seem that Home Value Insurance is making progress toward that goal, as the company rolled out a plan to help Oklahomans insure against having their homes become a casualty of the depressed real estate market.
The insurance is called Home Value Protection, and policies are sold only for owner-occupied primary residences. According to the Oklahoma Department of Insurance, the state licensed the company as an insurance carrier in December.
Recommended For You
Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader
Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
- Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
Already have an account? Sign In Now
© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
