Porch Group Announces HOA is a Top Ranked Performer in AM Best Report
Porch Group, Inc. ("Porch" or "the Company") (NASDAQ:PRCH), a new kind of homeowners insurance company, today announced the continued outstanding performance of Homeowners of America Insurance Company ("HOA"), per the AM Best Market Share Report1, as well as continued exceptional loss ratio performance at HOA and the Porch Reciprocal Exchange in Q1 2025.
In 2024, the final year of Porch's ownership of HOA, the carrier was ranked number 1 in Texas for Direct Combined Ratio2 performance among homeowners insurance carrier peers. Additionally, HOA ranked third nationally, its best ever performance.
Porch's underwriting strength reflects Porch's unique data advantage including insights into 90
