Featured Bulletins
An SOV Uploader That Works!
Updated Eligibility Guidelines
Moratorium Lifted: Hurricane Debby
Expanded & Simplified Guidelines for Gulf Coast States
Mississippi
Velocity is changing the game with an SOV uploader that really works! A few weeks ago we introduced our SOV uploader tool and the feedback has been fantastic.
Louisiana August_2024
We have streamlined our year-built eligibility guidelines for Louisiana risks.
Georia, South Carolina August_2024
The moratorium issued for Hurricane Debby for Small Commercial in the states of Georgia and South Carolina has been lifted.
Moratorium Alert: Hurricane Debby
Moratorium Issued for Small Commercial in the states of Georgia and South Carolina due to Hurricane Debby.
Alabama, Florida, Louisiana, Mississippi, Texas August_2024
Velocity is excited to announce updated eligibility guidelines for Alabama, Florida, Louisiana, Mississippi, and Texas effective 8/5/2024.
All States July 2024
Game Changer: SOV Uploader is here
We are thrilled to announce the launch of our Statement of Values (SOV) Uploader Tool, designed specifically to streamline your workflow and make quoting with us easier and faster than ever before!
Alabama, Florida, Mississippi, Texas July 2024
Simplified Distance to Coast Guidelines
Velocity is excited to announce updated Distance to Coast (DTC) guidelines for Alabama, Florida, Mississippi, and Texas effective July 9, 2024.
All States June 2024
Heat Up Your July with Our Summer Raffle Contest
We are bringing back our popular raffle contest, this time focusing on TIVs of $5-$10M.
All States May 2024
System Update
Effective June 15, 2024 our previous policy administration system used to obtain your policies will no longer be accessible.
Florida, Texas May 2024
Now Open in the Woodlands, TX + FL Minimum Ded Updates
We are excited to share some important updates for Florida and Texas risks effective May 10th, 2024
All States April 2024
Roof Score Eligibility Update
Updates include: Roof Score Revision - allowing more flexibility to quote risks; Geo Location & Satellite Imaging - boosting your ability to assess roof condition, identify potential hazards, and ensure accurate building information entry; Occupancy Overhaul - simplified with a new predictive text search feature.
Florida April 2024
Earlier FL Quotes
Updates: New and renewal quotes will be available 35 days before the effective date | Expanded capacity to $10 million | Streamlined underwriting eliminating unnecessary approval rules | Greater flexibility in FL, LA, and TX
Introducing Velocity Breeze
This intuitive Appetite Checker tool is designed to streamline the process of assessing risk acceptability, making it a Breeze to determine eligibility.
All States March 2024
Exciting Updates to Your Quoting Experience
In our ongoing mission to improve your quoting experience, we have implemented a series of enhancements to our quoting platform effective 3/6.
Feeling Lucky: Enter our Quote & Win Contest
We have entered the final month of our Quote & Win contest. The winners for February are being sent their prizes. Were you one of the lucky winners? March offers one final opportunity to find your pot of gold. Are you feeling lucky? Send us your quotes and let's find out f fortune favors you this month. Will you be the one to take home the treasure?
Texas February 2024
Expanded Guidelines for Frame Habitational Risks in Texas
Velocity is excited to announce expanded guidelines for Texas Frame Habitational (Apartments/Condos) effective February 15, 2024.
All States February 2024
Velocity Loves Quotes: Enter our Quote & Win Raffle Contest
Our 1st month of the Quote & Win contest has concluded and our lucky winners are being sent their prizes. Were you one of our winners? if not you have more chances in February. Show us your quotes and we will show you the love. Will you take home the prize this month?
All States January 2024
New Year, New Wins: Enter our Quote & Win Raffle Contest
Happy New Year! To kick off 2024 with a bang, we're excited to introduce our Quote & Win Raffle Contest. Get ready to turn your new business quotes into exciting prizes and set the tone for a successful year ahead!
All States December 2023
Maximum TIV Limit Increased to $10M
Effective 12/8/2023 our maximum TIV eligibility has increased to $10 million per policy for both new and renewal business.
Florida November 2023
Florida Expanded Guidelines
Effective 11/17/2023 we have revised the Florida distance to coast guidelines to allow more risks as we expand our appetite.
Louisiana November 2023
Louisiana New Business Open for Tier 2 Parishes
Effective 11/1/2023 we are opening Louisiana for new business in Tier 2 parishes (including St. Tammany) for 1980 and newer year built risks.
Florida, Louisiana October 2023
Additional Expanded Guidelines
Effective 10/27/2023 we have revised the Florida distance to coast guidelines to allow more risks as we expand our appetite AND Effective 11/1/2023 we are opening Louisiana for new business in Tier 2 parishes (including St. Tammany) for 1980 and newer year built.
Florida, Louisiana, Texas October 2023
Expanded Guidelines
Effective 10/13/2023 new business TIV increased to $6.5M in FL, LA (renewals only), and TX for risks with JM, MNC, FR or MFR construction. FL renewal quotes released 20 days prior to eff date. FL new business quotes may also be quoted up to 20 days prior to effective date.
All States October 2023
Common Quoting Errors with Big Premium Impacts
Mistakes happen. Recently we have noticed several risks quoting with incorrect rating information and these mistakes can cost you the sale. The most common errors are mis-rating due to inaccurate construction and roof type.
October is National Cybersecurity Awareness Month
We offer a Cyber Liability endorsement in partnership with Hartford Steam Boiler.
All States August 2023
Introducing New Quick Reference Guides
Our new Quick Reference Guides (QRG) have high-level summary by state to give you at-a-glance information on coverage limits, deductibles, and building guidelines.
All States July 2023
Introducing Velocity Knowledge Center
The Velocity Knowledge Center is your new resource center for Velocity product and system information. The Knowledge Center is replacing the Velocity Risk University with a new redesigned experience.
July Underwriting Updates
Updates to the AOWH deductible minimums and additional options. Restaurant occupancy updates for year built and minimum building value.
Velocity Adds VSIC to Carrier Panel
Velocity Risk Underwriters (MGA) is very excited to onboard Velocity Specialty Insurance Company (VSIC) our AM Best Rated A- (Excellent) onto our panel for policies effective 7/1/2023 and beyond.
All States May 2023
May Underwriting Guidelines Update
Updates to our minimum deductible guidelines, which vary by state, distance to coast, year built, construction type, occupancy, and TIV. Portal search functionality update.
All States March 2023
March Updates
Anti-PA / Anti-AOB Forms, Roof ACV Eligibility, and Calendar year deductible updates.
Underwriting Guideline Changes
Ineligible risks and updated eligibility based on location, construction type, DTC, and year built.
Alabama, Florida, Mississippi, Texas March 2023
Updates to Appetite (AL, FL, MS, TX)
Updates to our appetite in Alabama, Florida, Mississippi, and Texas
Louisiana March 2023
Updates to Appetite (LA)
Updates to our appetite in Louisiana.
Best Practices and Tips
Loss Runs, Signed Applications, Inspection Contact, and Prior Non-Renewals.
Forms and Underwriting Updates
Form updates effective 3/29/2023: Emergency Services Endorsement & SMB 300. Underwriting: Previously communicated updates have been programmed into the system.
All States February 2023
February Updates
Max TIV and new business quote referral rules.
All States January 2023
Commissions Updates
Updated commission schedule by state.
January Updates