updated 5/13/2011 5:17:55 PM ET 2011-05-13T21:17:55

CLEARWATER, Fla., May 13, 2011 (GLOBE NEWSWIRE) -- Homeowners Choice, Inc. (Nasdaq:HCII), a Florida-based provider of homeowners' insurance, today announced that Paresh Patel, its Executive Chairman, is scheduled to present an overview of the company's operations at SEVEN; Noble Financial Capital Markets' Seventh Annual Equity Conference, on Tuesday, May 17, 2011 at the Hard Rock Hotel in Hollywood, Florida.

The Homeowners Choice presentation is scheduled for 10 a.m. ET. The presentation will be broadcast live and will be available by webcast on the company's website www.hcpci.com (under the Events tab of the Investor section) or through the Noble Financial websites the www.noblefcm.com and the www.noble7.com. Homeowners Choice recommends registering at least 10 minutes before the start of the presentation to ensure timely access. An archive of the webcast will be available for 90 days following the event.

About Homeowners Choice, Inc.

Homeowners Choice, Inc. is a Florida-based insurance holding company headquartered in Clearwater. Through its subsidiary corporations, Homeowners Choice provides property and casualty homeowners' insurance, condominium owners' insurance and tenants' insurance. Founded in 2006, Homeowners Choice today serves approximately 61,000 policyholders throughout Florida representing approximately $130 million in annualized premiums. The company's common shares trade on the NASDAQ Global Select Market under the ticker symbol HCII and are included in the Russell Microcap Index. Its warrants trade on the same market under the ticker symbol HCIIW. Its Series A 7 percent cumulative convertible preferred shares trade on the NASDAQ Capital Market under the ticker symbol HCIIP. More information about Homeowners Choice, Inc. is available at www.hcpci.com .

The Homeowners Choice, Inc. logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=6712

Forward-Looking Statements 

This news release may contain forward-looking statements made pursuant to the Private Securities Litigation Reform Act of 1995. Words such as "anticipate," "estimate," "expect," "intend," "plan" and "project" and other similar words and expressions are intended to signify forward-looking statements. Forward-looking statements are not guarantees of future results and conditions but rather are subject to various risks and uncertainties. For example there can be no assurance the company will continue profitability or increase penetration into the Florida property and casualty market. Some of these risks and uncertainties are identified in the company's filings with the Securities and Exchange Commission. Should any risks or uncertainties develop into actual events, these developments could have material adverse effects on the company's business, financial condition and results of operations. Homeowners Choice, Inc. disclaims all obligations to update any forward-looking statements.

CONTACT: Media Contact:
         
         Suzie Boland
         RFB Communications Group
         813.259.0345
         sboland@rfbcommunications.com
         
         Investor Relations Contact:
         
         Jay Madhu
         Homeowners Choice, Inc.
         727.213.3660
         jmadhu@hcpci.com

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Home equity type Today +/- Chart
$30K HELOC FICO 4.71%
$30K home equity loan FICO 5.26%
$75K home equity loan FICO 4.70%
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