Neptune Flood Surpasses 250,000 Policies in Force

ST. PETERSBURG, Fla., Aug. 5, 2025 /PRNewswire/ -- Neptune Flood, a leading provider of private flood insurance, announced today that it has exceeded 250,000 policies in force. This milestone reinforces Neptune's leading provider position in the United States private flood insurance market and highlights the continued adoption of its modern approach to flood protection. 

Neptune's growth has been driven by its ability to offer fast, reliable coverage to homeowners and businesses across the country. Since launching in 2018, the company has expanded to all 50 states and Washington, D.C. and is backed by more than 30 global insurers and reinsurers.

"Crossing the 250,000-policy mark is a significant moment for Neptune and for the broader private flood insurance market," said Trevor Burgess, CEO of Neptune Flood. "It reflects the strength of our team, the trust of our distribution partners, and the increasing demand for alternatives to the National Flood Insurance Program. As flood risk grows, so does the need for simple, accessible, and flexible coverage, and Neptune is delivering that at scale."

This announcement follows Neptune's recent expansion to over $400 million in premium capacity and continues the company's track record of rapid, responsible growth. 

Neptune Fast Facts

• Policies in force: Over 250,000
• Premium in force: Over $320 million
• State with the most policies: Florida
• State with the most policies per capita: South Carolina
• County with the most policies: Harris County, TX
• Claims payments made on Neptune policies: Over $250 million
• Event resulting in most claims: Hurricane Helene (2024)
• Insurance and reinsurance partnerships: 30+
• Headquarters: St. Petersburg, FL
• Areas served: Nationwide
• Products offered: Primary and excess private flood insurance, parametric earthquake insurance

About Neptune

Neptune Flood is a leading provider of private flood insurance in the United States, revolutionizing the way homeowners and businesses protect against the growing risks of flooding through proprietary AI-driven underwriting and machine learning technology. Neptune simplifies the flood insurance process, offering instant, affordable, and comprehensive coverage in minutes without the delays and complexities of traditional insurance. Operating in all 50 states and Washington, D.C., Neptune is committed to closing the flood insurance gap and making coverage accessible nationwide.

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SOURCE Neptune Flood