American Integrity Insurance Company has launched a new residential property insurance product called 'Dwelling Policy (DP-1)' which provides a no-frills policy to insure for catastrophic or large loss events.

Features of American Integrity’s DP-1 include coverage for a home or condominium and can be occupied by the owner or another party. This product is particularly well-suited for seasonal residents who live in Florida part-time, according to the company.

Bob Ritchie, CEO and president at American Integrity, said: “We have expanded our product line because we recognize the economic challenges of our customers. Florida homeowners have a variety of needs in the current marketplace, and we want to give them viable choices.

“We have always told Floridians and our customers we are here to stay. Part of that promise involves listening to customers as their needs evolve, and responding with productive ideas to help them find solutions.”