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TRI Pointe starts company to offer homeowners insurance

TRI Pointe Group Inc. has launched an affiliated property and casualty insurance services company, TRI Pointe Advantage Insurance Services Inc., to sell insurance products and services to TRI Pointe Group homebuyers.

TRI Pointe Advantage Insurance Services joins TRI Pointe Solutions, a suite of homebuyer services that provides end-to-end support throughout the closing process, which includes TRI Pointe Assurance for title-related services and TRI Pointe Connect for obtaining home financing. It is expected to be operational by the end of February.

The insurance company has also partnered with Westwood Insurance Agency, a wholly owned subsidiary of QBE North America, and will act as an independent insurance agency.

The new company will also be able to provide bundled home and auto insurance packages to TRI Pointe Group homebuyers, as well as additional insurance products to cover flood, earthquake, excess liability, and other scheduled items.