Comprehensive HO3 Homeowners Insurance from Southern Insurance Underwriters, Inc.
Southern Insurance Underwriters, Inc. (SIU) offers a competitive HO3 Homeowners Insurance program designed to help independent agents place primary-residence homeowners business. Backed by an A+ rated carrier, this program pairs broad, agent-friendly underwriting with convenient online quoting and binding for select accounts across the Southeast.
Ideal Accounts and Appetite
SIU's HO3 is focused on owner-occupied, one- and two-family dwellings used as primary residences. The program is a good fit when you need flexibility on underwriting: SIU will consider homes with up to two prior claims (numbered CAT claims are excluded from that count).
Target accounts include:
- Newer construction or well-maintained older homes
- Homes with security or alarm systems (alarm credits apply)
- Insureds who want replacement-cost protection for contents
- Clients who prefer quotes without credit scoring
Coverage Highlights and Advantages
SIU’s HO3 program includes several enhancements that make it attractive to price-sensitive homeowners and agents placing them:
- Contents coverage set at 70% of Coverage A, with Replacement Cost included
- Credits for new homes and alarm systems to lower insured premium where appropriate
- Acceptance of up to two prior claims (CAT claims excluded from count)
- No credit scoring used in underwriting, expanding eligibility
- Competitive rates through an A+ rated carrier for financial strength
- Online quoting and binding to speed placement
Underwriting Notes and Minimum Premiums
Underwriting is done on a submission-by-submission basis with flexibility for homes in good condition and favorable risk profiles. Minimum premiums vary by state and exposure, but SIU positions this program competitively within the admitted markets it serves. Because credit scoring is not used, this program can be an option for clients who may not qualify with more conservative markets.
Territories and Availability
The HO3 Homeowners Insurance program is currently available in these states:
- Alabama (AL)
- Florida (FL)
- Georgia (GA)
- South Carolina (SC)
Most available markets are admitted, which can simplify placement and policy administration for agents and clients.
Why Work With Southern Insurance Underwriters
As a Managing General Agency with deep personal-lines experience, SIU provides access to a robust homeowners lineup and responsive underwriting. Their focus on streamlined online quoting, flexible eligibility, and enhanced coverages helps you place accounts that might be declined elsewhere.
Example scenarios where SIU's HO3 can help:
- You have a homeowner client in Georgia with a single non-CAT claim two years ago and a working alarm system — SIU can consider the account and may provide alarm credits and replacement-cost contents coverage.
- A Florida insured with a well-maintained older home wants competitive admitted-market pricing without a credit score — SIU’s underwriting approach can broaden placement options.
This program is easy to quote and bind online, giving you greater control during placement. Need help placing an account? Connect with a market specialist.