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Slide Deepens Commitment to South Carolina with Expanded Homeowners Insurance Offerings

Slide broadens its HO3, HO5, and HO6 homeowners products to increase admitted insurance capacity and options across South Carolina, especially on the coast.

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Slide (SLDE) expanded its homeowners insurance offerings across South Carolina on September 23, 2026, emphasizing additional capacity for coastal areas.

The new suite, written through Slide Specialty Insurance Company, adds HO5 coverage for higher-value homes and new HO3 and HO6 products. All three offer expanded coverage options, added discounts, and competitive rates aimed at giving South Carolina homeowners, particularly in fast-growing coastal communities, more flexibility in finding suitable insurance.

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Key Terms

ho3, ho5, ho6
3 terms
ho3 technical
"include a new HO5 product designed for higher-value homes, plus new HO3 homeowners"
HO-3 is the most common standard homeowners insurance policy that protects the structure of a house against all causes of damage except those specifically excluded, while personal belongings are covered only for listed causes like theft or fire. Think of it as a broad "everything unless banned" shield for the building and a checklist-based shield for belongings; investors watch HO-3 exposure because its scope of coverage influences an insurer’s potential claims, pricing power, and sensitivity to natural disasters or property market swings.
ho5 technical
"include a new HO5 product designed for higher-value homes"
HO-5 is a standard homeowner insurance policy form that provides broad 'open perils' coverage for both the house and the homeowner’s belongings, meaning losses are covered unless a specific exclusion applies. Think of it like a wide blanket that protects against most causes of damage rather than only named risks; it matters to investors because the availability, pricing and claims exposure of HO-5 policies affect insurers’ underwriting risk and profitability and influence risk management for mortgage lenders and property investors.
ho6 technical
"new HO3 homeowners and HO6 condo products"
HO‑6 is the standard homeowners insurance form for condominium unit owners in the U.S.; it covers a unit’s interior walls, personal property, liability, and assessments for damage to common areas not covered by the condo association’s master policy. It matters to investors because the prevalence, pricing, and claims frequency for HO‑6 policies affect insurers’ underwriting results, homeowners’ costs and risk exposure in the condo market—similar to how a specialized warranty protects only parts of a shared building.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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New HO3, HO5, and HO6 products bring more choice and coverage options to South Carolina’s coastal market

TAMPA, Fla., Sept. 23, 2026 (GLOBE NEWSWIRE) -- Slide Insurance Holdings, Inc. (“Slide” or the “Company”) (NASDAQ: SLDE) today announced an expanded suite of property insurance products available statewide in South Carolina, with a focus on bringing more choice and admitted capacity to the coast.

The expanded offerings, offered through Slide Specialty Insurance Company, include a new HO5 product designed for higher-value homes, plus new HO3 homeowners and HO6 condo products. All three feature expanded coverage options, additional discounts, and highly competitive rates, giving South Carolina homeowners greater flexibility to find coverage that fits their needs and budget.

South Carolina’s rapidly growing coastal communities need more home insurance options, particularly for larger and higher-value homes, where finding coverage can be challenging. Areas like Horry County, home to the Myrtle Beach area, have grown by more than 20% since 2020, according to U.S. Census Bureau population estimates, illustrating the growing demand for committed coastal capacity.

“Coastal property insurance is where Slide has a distinct advantage,” said Bruce Lucas, Chairman and Chief Executive Officer of Slide. “We’re deepening our commitment to South Carolina at a time when the coastal market is growing, and homeowners need more options. We have the underwriting technology, financial strength and experience to deploy capacity where we see attractive opportunities while maintaining a disciplined approach to risk.”

Slide has served South Carolina homeowners since 2022. Its product expansion in South Carolina advances the company’s strategy of disciplined growth and geographic diversification in property insurance markets where its underwriting and catastrophe risk management capabilities provide a competitive advantage.

South Carolina homeowners who are interested in learning more about Slide’s new coverage options can visit www.slideinsurance.com/sc.

Forward-Looking Statements

Statements in this press release that are not historical facts are forward-looking statements that are subject to certain risks and uncertainties that could cause actual events and results to differ materially from those discussed herein. In some cases, you can identify these statements by forward-looking words such as “may,” “might,” “will,” “should,” “expect,” “plan,” “anticipate,” “believe,” “aim,” “estimates,” “predicts,” “potential” or “continue,” the negative of these terms and other comparable terminology and relate, without limitation, to the Company’s beliefs and expectations regarding the Company’s projections of future financial performance including net margins and its share repurchase program and its ability to increase return on equity and build long-term value for shareholders. These statements are only predictions based on Slide’s current expectations and projections about future events and are not guarantees of actual results, level of activity, performance or achievements. Although Slide believes the expectations reflected in the forward-looking statements are based on reasonable assumptions, there are important factors that could cause the Company’s actual results, level of activity, performance or achievements to differ materially from those anticipated in any forward-looking statements, including, among others, our limited operating history; the success of the Company’s underwriting and profitability initiatives; inflation and other changes in economic conditions (including changes in interest rates and financial and real estate markets), including changes that may impact demand for our products and our operations; lack of effectiveness of exclusions and loss limitation methods in the insurance policies we assume or write; inherent uncertainty of our models and our reliance on such models as a tool to evaluate risk; the impact of macroeconomic conditions, including declining consumer confidence, inflation, high unemployment and the threat of recession; the impact of new federal and state regulations that affect the property and casualty insurance market and our failure to meet increased regulatory requirements, including minimum capital and surplus requirements; the cost of reinsurance, the collectability of reinsurance and our ability to obtain reinsurance coverage on terms and at a cost acceptable to us; assessments charged by various governmental agencies; pricing competition and other initiatives by competitors; our ability to obtain regulatory approval for requested rate changes, and the timing thereof; legislative and regulatory developments; the outcome of litigation pending against us, including the terms of any settlements; risks related to the nature of our business; performance of our investment portfolio; the adequacy of our liability for losses and loss adjustment expense; ratings by industry services; catastrophe losses; reliance on key personnel; weather conditions (including the severity and frequency of storms, hurricanes, tornadoes, wildfires and hail); acts of war and terrorist activities; court decisions and trends in litigation; and other matters described from time to time by us in our filings with the Securities and Exchange Commission. Any forward-looking statement made by Slide in this press release speaks only as of the date on which it is made. Slide undertakes no obligation to update any forward-looking statement, whether as a result of new information, actual results, revised expectations or otherwise, except as may be required by law.

About Slide

Slide Insurance Holdings, Inc. (NASDAQ: SLDE) is a Tampa-based specialty property insurer built for coastal and catastrophe-prone markets. Slide combines advanced technology with deep insurance expertise to maintain a disciplined approach to risk, bring additional capacity to the markets it serves along with its network of more than 5,000 independent agents, and provide a dependable, streamlined insurance experience to its policyholders. Slide ranks among the 25 largest U.S. homeowners insurance groups by direct written premium, according to the National Association of Insurance Commissioners (NAIC). For more information, visit slideinsurance.com.

Contacts

Investors
ir@slideinsurance.com

Media
Rachel Carr
Chief Marketing Officer
press@slideinsurance.com


FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What new insurance products is Slide offering in South Carolina?

Slide is introducing a new HO5 policy tailored for higher-value homes, along with new HO3 homeowners and HO6 condo products. Each is designed with expanded coverage options, additional discounts, and competitive rates for South Carolina homeowners.

How can South Carolina homeowners learn more about Slide’s new coverage options?

South Carolina homeowners interested in the expanded HO3, HO5, and HO6 offerings can visit www.slideinsurance.com/sc for more information about available coverage options.

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