State Auto to Offer Flood Insurance

* Reuters is not responsible for the content in this press release.

Mon Jun 29, 2009 1:37pm EDT

COLUMBUS, Ohio--(Business Wire)--
Beginning June 30, the State Auto Insurance Companies will add flood insurance
to the long list of State Auto coverages available for home, business and farm
offered through more than 3,400 independent insurance agencies. 

Every property in America is in a flood zone, with some simply at greater risk
than others. As the number one natural disaster in the United States, floods can
be devastating for property owners and entire communities, causing more than $2
billion in property damage in our country every year. Just an inch of water can
cause thousands of dollars in damage to a property and its contents, which is
not covered by a typical property insurance policy. 

"Homeowners and commercial property policies protect our customers from most
unexpected events, but were not designed to protect against flooding," said
State Auto Chairman, President and CEO Bob Restrepo. "Because property owners
have a greater chance of suffering flood damage during the course of a 30-year
mortgage than fire damage, a flood insurance policy is something every property
owner should consider." 

The affordability of flood insurance may be surprising. For example, a homeowner
in a low-to-moderate risk area eligible for a Preferred Risk Policy could see a
flood insurance policy premium as low as $119 a year, including coverage for the
property`s contents. 

The flood insurance policies offered by State Auto are underwritten by the
National Flood Insurance Program (NFIP) of the Federal Emergency Management
Agency and administered by National Flood Services (NFS). NFS been serving as a
third-party administrator for carriers like State Auto since 1985. 

To locate a State Auto independent agent, use the "Find an Agent" feature on
StateAuto.com. 

State Automobile Mutual Insurance Company, headquartered in Columbus, Ohio, is a
super regional property and casualty insurance holding company. The company is
primarily engaged in writing personal and business insurance products
exclusively through independent insurance agencies in 33 states and is proud to
be a Trusted Choice company partner. State Auto Mutual is part of the State Auto
Group. The State Auto Group is rated A+ (Superior) by the A.M. Best Company and
consists of State Automobile Mutual, State Auto Property & Casualty, State Auto
National, State Auto Ohio, State Auto Wisconsin, State Auto Florida, Milbank,
Farmers Casualty, Meridian Security, Meridian Citizens Mutual, Beacon National,
Beacon Lloyds, Patrons Mutual and Litchfield Mutual Fire.

State Auto Mutual also writes specialty insurance and workers` compensation
products through its Rockhill insurance subsidiaries. The Rockhill insurance
subsidiaries, rated A- (Excellent) by the A.M. Best Company, write business on a
non-admitted basis in 49 states and the District of Columbia, and are licensed
on an admitted basis in 42 states and the District of Columbia. Additional
information on State Auto Mutual can be found online at www.StateAuto.com.





State Auto Insurance Companies
Debra Conkel, 614-464-4946
Corporate Communications 

Copyright Business Wire 2009

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