In Florida, the major name brand companies like Nationwide and State Farm are missing from the list of the 25 largest homeowners insurance carriers. During 2004-2005, Hurricanes Charley, Ivan, Frances, and Jeane damaged large parts of Florida, and then Hurricane Katrina followed. Shortly after this, the large national insurance companies stopped writing homes for residents of the Sunshine State.
After this, regional and Florida-only insurance companies grew exponentially, and they are now the largest insurers offering home, condo, landlord, and renters insurance in our state.
One thing to remember is the size of company does not always relate to the quality. Citizens (the state run insurance company of last resort) remains the second largest.
If you would like help in choosing a trustworthy and affordable insurance company for your home, feel free to reach out to us by phone or online.
25 Largest Florida Homeowners Insurance Companies
Here's a List of Florida Homeowners Insurance Companies starting with the most number of in-force homeowners insurance policies as of Dec 31,2016.
|Largest||Company||Policies in Force|
|1||Universal Property and Casualty Insurance Company||577,263|
|2||Citizens Property Insurance Corporation||466,506|
|3||Security First Insurance Company||334,335|
|4||Federated National Insurance Company||272,335|
|5||Heritage Property & Casualty Insurance Company||241,822|
|6||American Integrity Insurance Company of Florida||236.796|
|7||United Property & Casualty Insurance Company||187,412|
|8||St Johns Insurance Company||166,396|
|9||Homeowners Choice Property& Casualty Insurance||149,793|
|10||Tower Hill Prime (a Tower Hill Insurance Company)||148,377|
|11||People's Trust Insurance||146,106|
|12||ASI Preferred (an ASI Company)||125,537|
|13||United Services Automobile Association (USAA)||124,157|
|14||Florida Peninsula Insurance Company||118,771|
|15||First Protective Insurance Company||104,138|
|16||Castle Key Indemnity Company||99,943|
|17||Florida Family Insurance Company||98,089|
|18||American Bankers insurance Company||94,374|
|19||Ark Royal (an ASI Company- related to #12 also)||94,374|
|20||Tower Hill Signature Insurance Company||85,257|
|21||Olympus Insurance Company||82,320|
|22||Safe Harbor Insurance Company||78,337|
|23||Castle Key Insurance Company||73,011|
|24||Safepoint Insurance Company||70,675|
|25||Cypress Property & Casualty Insurance Company||68,723|
Data as of Dec 31, 2016. Source: Florida Office of Insurance Regulation
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with most of the companies listed above.
Augustyniak Insurance Group is a top-reviewed Florida Independent Insurance Agency owned by Mike Augustyniak, a former NFL New York Jets Running back, and his wife, Susan. Our experienced staff can help you find the right Florida home owners insurance company. We will help customize a policy that best meet your needs, and provides a valuable combination of tailored coverage, quality service and fair rates. We work with over 32 different homeowners insurance companies. Feel free to also call us to discuss 904-268-3106.