Exhibit 21

HOMEOWNERS CHOICE, INC.

Subsidiaries

As of December 31, 2011, the Company had the following active subsidiaries:

	State or Sovereign Power
Wholly-owned subsidiaries of Homeowners Choice, Inc.		of Incorporation
Homeowners Choice Property & Casualty Insurance Company, Inc.		Florida
Homeowners Choice Managers, Inc.	Florida
Southern Administration, Inc.	Florida
Claddaugh Casualty Insurance Company Ltd.		Bermuda
Cypress Property Management Services, Inc.	Florida
Cypress Claims Services, Inc.	Florida
HCI Technical Resources, Inc.		Florida
HCI Holdings LLC		Florida
Wholly-owned subsidiaries of Homeowners Choice	State or Sovereign Power
Property & Casualty Insurance Company, Inc.		of Incorporation
HCPCI Holdings LLC		Florida
Wholly-owned subsidiaries of	State or Sovereign Power
HCI Technical Resources, Inc.		of Incorporation
Unthink Technologies Private Limited		India
Wholly-owned subsidiaries of	State or Sovereign Power
HCI Holdings LLC		of Incorporation
TV Investment Holdings LLC		Florida