Company: SLDE
Filing Date: 2025-05-23
Form Type: S-1
Source: 0001193125-25-125836
Chunk: 162

Company: Slide Insurance Holdings, Inc.
Filing Date: 2025-05-23
Form: S-1
Chunk 162
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| • |     | Stories. The Company views the number of stories of a dwelling as a critical component when underwriting                                                                                                                                                
 commercial residential or personal residential policies. If a structure is over seven stories, then the Company can make a reasonable assessment that its construction is superior and has a concrete roof deck, which is likely to perform better in a 
 hurricane than a non-concrete roof deck. Concrete has great compressive strength and low tensile strength, therefore concrete suspended as a roof deck will always have to be reinforced for it to exist and                                            
 function as intended based on the building code in effect.                                                                                                                                                                                              |

| • |     | Year Built. The year in which a dwelling was built is critical for the Company’s analysis of which                                                                                                                                                     
 policies it assumes, because it is the basis for understanding what building codes the structure was built in accordance with. There have been many updates over the years to the Florida Building Code (the “FBC”) which governs construction         
 standards in Florida. Two important updates were in 1994 when building codes in Miami-Dade and Broward counties became more stringent following Hurricane Andrew and in 2002 when the rest of the state of Florida adopted similar codes following the 
 1994                                                                                                                                                                                                                                                   |

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| updates to the FBC with respect to Miami-Dade and Broward counties. Older properties with less stringent building codes are likely to not perform as well as newer properties that have more 
 stringent building codes.                                                                                                                                                                    |

| • |     | Square Footage. Square footage is an important metric for the Company to consider in determining which                                                                                                                                                   
 Citizens policies to assume, as different size homes have different vulnerabilities; larger homes tend to be built better and perform better in wind events. In addition, square footage relative to Coverage A helps the Company determine if the       
 coverage amounts are in line with replacement costs when reviewing prospective Citizens policies that may be assumed by the Company. For example, for a 5,000 square foot home with Coverage A in the amount of $250,000, the Coverage A per square foot 
 is $50 – well below what it would cost to rebuild the property and therefore underinsured.                                                                                                                                                               |

Secondary Risk Characteristics:

| • |     | Year Roof Built. The year in which a roof is built is an important characteristic the Company evaluates in                                                                                                                    
 determining which policies to assume from Citizens. Newer roofs generally perform better in hurricanes and severe thunderstorms, thereby limiting downside risk to the Company over the course of a given insurance contract.