GlobeNewswire Inc | Jan 18, 2022 08:01AM EST

January 18, 2022

SEATTLE, Jan. 18, 2022 (GLOBE NEWSWIRE) -- Homeowners of America (HOA), a property and casualty insurance provider and subsidiary of Porch Group, Inc. (Porch or the Company) (NASDAQ: PRCH), announced the launch of service in Montana.

Porch, a leading vertical software company reinventing the home services and insurance industries, reinforces its commitment to the national development of HOAs offerings through each state expansion. With the addition of Montana, HOA now operates in 14 states. HOAs sustained growth and comprehensive homeowners insurance product broadens Porchs national presence in the insurance industry.

The introduction of HOA in Montana confirms our active scaling of HOAs insurance services nationwide, said Matt Ehrlichman, Porch founder, chairman, and CEO. As we continue to expand, were providing services for the HOA agents and the customers of Montana for both insurance and as a partner of the home.

AboutPorchGroupSeattle-based Porch Group, the vertical software platform for the home, provides software and services to more than 20,000 home services companies such as home inspectors, mortgage companies and loan officers, title companies, moving companies, real estate agencies, utility companies, and warranty companies. Through these relationships and its multiple brands, Porch provides a moving concierge service to homebuyers, helping them save time and make better decisions on critical services, including insurance, warranty, moving, security, TV/internet, home repair and improvement, and more. To learn more about Porch, visitporchgroup.comorporch.com.

Porch Press Contact:Catherine AdcockGateway Group(949) 574-3860PR@porch.com

Investor Relations Contact:

Walter Ruddy, Head of Investor Relations & TreasuryPorch Group(206) 715-2369WalterRuddy@porch.com

Cody Slach/Matt Glover/Alex ThompsonGateway Group, Inc.(949) 574-3860PRCH@gatewayir.com