---
schema_version: "secwatch.filing_event.v1"
accession: "0001784535-23-000007"
form_type: "8-K"
ticker: "PRCH"
cik: "0001784535"
company_name: "Porch Group, Inc."
filed_at: "2023-07-21T23:59:59+00:00"
generated_at: "2026-06-13T05:02:54.877772+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Porch Group estimates $18M catastrophic weather loss in Q2 from Texas storms

## Summary
- Preliminary estimate of $18 million loss, net of third-party reinsurance, from June wind, thunderstorm and hail events in Texas.
- Industry-wide claims from those events estimated at $5.0 billion (source: PCS catastrophe bulletin).
- Q2 cat events described as uncommon vs historic trends and not included in full year 2023 guidance.
- Company continues to expect launch of Porch Insurance Reciprocal Exchange later in 2023, pending Texas DOI approval.
- Q2 2023 full earnings call scheduled for August 8, 2023 after market close.

## SEC filing metadata
- accession: 0001784535-23-000007
- form_type: 8-K
- ticker: PRCH
- cik: 0001784535
- company_name: Porch Group, Inc.
- filed_at: 2023-07-21T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1784535/000178453523000007/0001784535-23-000007-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1784535/000178453523000007/prch-20230720x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001784535-23-000007
- JSON: https://secwatch.observer/filing/0001784535-23-000007.json
- Plain text: https://secwatch.observer/filing/0001784535-23-000007.txt

## Key facts
- Earnings Releases
  Porch Group, Inc. reported preliminary financial results for Q2 2023.
  - Period: Q2 2023
  - Result: preliminary results
  source text: Porch Group announces catastrophic weather events impact for Q2 2023, and will release second quarter 2023 earnings on August 8, 2023
  evidence_url: https://www.sec.gov/Archives/edgar/data/1784535/000178453523000007/0001784535-23-000007-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.