Lilypad Insurance Company
Carrier website links, underwriting access points, mapped product lines, and appetite notes in one place.
This appetite summary is only a guide. Confirm eligibility, submission requirements, restrictions, and binding authority directly with the carrier or underwriter before relying on it.
Carrier appetite summary
Lilypad Insurance Company is a coastal‑focused homeowners market backed by Arbol, launched in 2024 and now part of Lilypad Insurance Holdings with Centauri Specialty and Centauri National as affiliates. It is positioned as a capacity solution for underserved, hurricane‑exposed coastal communities, with operations and regulatory presence initially in Louisiana and expansion into Gulf and Atlantic coastal states through the Centauri entities.([lilypadins.com](https://www.lilypadins.com/?utm_source=openai)) Preferred / target business - Personal residential homes in coastal or wind‑exposed areas where standard carriers are retrenching. - Owner‑occupied 1–4 family homes written on an HO policy form, with complementary focus on rental/secondary properties via dwelling fire (DP) products.([lilypadins.com](https://www.lilypadins.com/?utm_source=openai)) - Newer or well‑maintained construction, especially risks built or retrofitted to modern wind/hurricane codes. - Louisiana risks that qualify for IBHS FORTIFIED or equivalent wind‑mitigation standards, which may receive material credits (current public filing shows up to ~20% discount for masonry and 15% for frame in the Louisiana market). Application of credits varies by underwriting rules and requires documentation of the FORTIFIED designation.([kidnoe.org](https://kidnoe.org/wp-content/uploads/2025/06/premium-discounts-for-structures-built-or-retrofitted-according-to-building-standards-established-by-the-insurance-institute-for-business-and-home-safety-ibhs-2024-1.pdf?utm_source=openai)) Restricted or higher‑scrutiny business - Older structures without roof upgrades or wind‑mitigation features, or homes not meeting current coastal building standards, are generally written on a more restrictive basis or subject to higher deductibles and rating surcharges, judging by Lilypad’s stated focus on climate‑resilient, code‑compliant risks. - Properties in the highest hurricane‑exposure zones (barrier islands, open‑coast locations with poor protection class, or repetitive‑loss neighborhoods) can be expected to face tighter underwriting (limits on TIV, required higher hurricane deductibles, or possible referral/decline) based on Lilypad’s stated mission to manage severe coastal risk and the high rate changes filed on affiliated HOA programs in Texas.([arbol.io](https://www.arbol.io/post/expanding-coverage-addressing-insurance-gaps-in-coastal-communities?utm_source=openai)) - Commercial residential or non‑residential risks appear to be handled through Centauri Specialty/Centauri National rather than directly by Lilypad Insurance Company; these are typically under separate commercial underwriting rules and require underwriter review. Commonly declined or out‑of‑appetite risks (inferred from market position and state filings; verify with underwriter) - Properties that cannot meet minimum wind‑mitigation or roof condition standards as required by state filings and IBHS discount programs (e.g., significantly deteriorated roofs, unbraced gable ends, or non‑engineered add‑ons in high‑wind zones). - Locations outside Lilypad’s authorized or targeted coastal footprint. Lilypad is structured as a coastal specialty carrier and is not positioned as a broad national homeowners market; non‑coastal or low‑cat areas are not a focus.([lilypadins.com](https://www.lilypadins.com/?utm_source=openai)) Geographic appetite notes - Lilypad received its certificate of authority from Louisiana and is actively writing there, including participation in Louisiana’s IBHS Fortify Homes discount framework.([sales.superagi.com](https://sales.superagi.com/company/arbol-community-fund?utm_source=openai)) - Through the acquisition of Centauri Specialty Insurance Company and Centauri National Insurance Company, Lilypad’s broader group footprint includes Alabama, Florida, Hawaii, Louisiana, Mississippi, South Carolina, Texas (plus some non‑Gulf states for Centauri). Personal HO/DF in these states may be written either on Lilypad or Centauri paper depending on state approvals and program design; agents should follow program‑specific filings and forms.([centauriinsurance.com](https://centauriinsurance.com/lilypad-insurance-holdings-completes-acquisition-of-centauri-specialty-insurance-company-and-centauri-national-insurance-company/?utm_source=openai)) Submission and documentation expectations (agent/producer operations) - Business is distributed through appointed independent agents; Lilypad’s public site directs consumers to “Find an agent” rather than offering direct‑to‑consumer binding. Agents must be contracted and appointed in each state before binding. - Expect standard coastal property submission requirements: full property address and occupancy, photos, year built, construction type, roof age and covering, updates (roof, electrical, plumbing, HVAC), prior loss history, and confirmation of mitigation features (shutters, roof‑deck attachment, secondary water barrier, FORTIFIED designation, etc.). - To secure IBHS‑related or mitigation credits in Louisiana, producers should collect and retain formal FORTIFIED documentation or equivalent verification accepted by Lilypad (e.g., IBHS certificates, engineering or inspector reports meeting state guidelines).([kidnoe.org](https://kidnoe.org/wp-content/uploads/2025/06/premium-discounts-for-structures-built-or-retrofitted-according-to-building-standards-established-by-the-insurance-institute-for-business-and-home-safety-ibhs-2024-1.pdf?utm_source=openai)) - Claims servicing for Florida‑ and Gulf‑coast legacy Centauri policies is now handled by Lilypad Insurance Managers’ claims team; agents should route existing Centauri policyholders through the Lilypad/Centauri claims contacts provided on Centauri’s site and Lilypad’s claims page.([lilypadins.com](https://www.lilypadins.com/?utm_source=openai)) Broker / producer notes - Lilypad positions itself as a solution for agency partners in constrained coastal markets and emphasizes technology‑enabled, flexible coverage. Agencies should anticipate ongoing filing and appetite changes as Lilypad scales; monitor state bulletins and Lilypad/Centauri communications for updated rate changes and underwriting refinements (e.g., the significant 2024 HOA rate filing for Texas under the Lilypad Holdings group).([arbol.io](https://www.arbol.io/post/expanding-coverage-addressing-insurance-gaps-in-coastal-communities?utm_source=openai)) - Commercial residential inquiries or more complex property schedules should be directed to the commercial underwriting contacts operating under the Centauri Specialty brand, now within Lilypad Insurance Holdings.([centauriinsurance.com](https://centauriinsurance.com/lilypad-insurance-holdings-completes-acquisition-of-centauri-specialty-insurance-company-and-centauri-national-insurance-company/?utm_source=openai)) No dedicated public-facing underwriting or appetite guide is currently posted on the Lilypad corporate site; the above reflects what is inferable from official Lilypad, Centauri, and state regulatory sources and should be confirmed against current state‑specific program guides and internal underwriting manuals.