2024: The 25 Largest Homeowners Insurance Companies in Florida |  List Ranked by Policy Count

Updated with the latest data as of September 30, 2024

Florida’s home insurance market has changed rapidly in recent years—rising premiums, policy cancellations, and fewer companies writing new business. If you're a Florida homeowner, understanding which insurers are actively covering homes can help you make smarter, more confident decisions.   This article highlights the largest companies by policy count, offering a useful snapshot of who’s currently leading Florida’s homeowners insurance market.

The 25 Largest Florida Homeowners Insurance Companies in 2024

Note: This data reflects owner-occupied homeowners insurance policies only. It does not include landlord (rental property), condo, or renters insurance policies.  Florida Office of Insurance Regulation 

Why This List Matters to Florida Homeowners

Florida’s home insurance market is anything but predictable. Some insurers have paused or stopped writing new policies—particularly in high-risk counties like Miami-Dade, Broward, and Palm Beach. Others are still active but apply tight restrictions based on ZIP code, roof age, prior claims, or home value.

This list ranks the 25 largest insurance companies in Florida based on the number of owner-occupied homeowners insurance policies in force as of September 30, 2024.  It does not include condo, renters, or landlord policies.

⚠️ Note: These companies are ranked by policy count—not by availability. Some may not currently be writing new business in your area.

Key Trends in the 2024 Florida Home Insurance Market

1. Citizens Still Dominates—But It’s Often a Last Resort

Citizens Property Insurance Corporation remains the largest home insurer in Florida—but that doesn’t mean it’s the most popular. In fact, most homeowners don’t choose Citizens unless they have to. Citizens is the insurer of last resort, created to provide coverage when private insurance companies decline to write a policy—usually because of the home's age, location, roof, or prior claims. 

If you're in Citizens, it’s often because no other option was available at the time. They currently only write homes valued under $750,000 in most areas, and even then, coverage is limited. 

It’s also important to know that Citizens policies are frequently “taken out”—transferred to private companies you may not recognize or recall choosing. This depopulation process is part of Florida's strategy to reduce the state's insurance risk. While it may feel confusing or frustrating, it's common. If that happens, you do have options—and it’s smart to check with your agent to make sure the new company is a good fit. 

We help clients understand these transitions and explore whether more stable private-market alternatives are available before and after a Citizens policy is issued.

2. State Farm Has a Strong Presence—But Many Haven’t Forgotten the Past

State Farm ranks second in total policy count, and for many, it’s a familiar household name. But it’s important to remember: in 2009–2010, State Farm non-renewed over one hundred thousand homeowners insurance policies in Florida during 2009 and 2010s. While they’ve remained in the market through their Florida subsidiary, many homeowners are still cautious—and understandably so.

3. More Companies, But Not All Are Equal

Florida’s insurance market continues to see newer names emerge, but bigger isn’t always better—and newer isn’t always more stable. Some companies on the list have grown quickly by acquiring policies from failed insurers, but that doesn’t necessarily translate to long-term reliability.  Our agency focuses on placing policies with companies that have a proven track record, financial stability, and consistent claims service—not just those making headlines.

What Matters Besides Insurance Company Size

Just because a company writes a lot of policies doesn’t mean it’s the best fit for your home. When evaluating which Florida homeowners insurance company is best, I recommend looking at:

• Financial Stability
  Look for companies rated by Demotech or AM Best. These ratings help indicate whether the insurer is financially strong enough to handle claims—especially after a major storm.

• Claims Experience
  Bigger doesn’t always mean better service. Ask how the company handles claims. Are they quick to respond? Do they use in-house adjusters or outsource everything?

• Underwriting Rules
  Every company has different criteria. Some may not write policies for older roofs or homes in coastal ZIP codes. We help you navigate these guidelines so you don’t waste time on options that aren’t a fit.

Which Florida Homeowners Insurance Companies Stand Out?

We work with many reputable insurance carriers, but a few stand out for their financial strength, dependable claims service, and long-term dedication to Florida homeowners:

• AAA – More than just roadside assistance, AAA offers dependable homeowners insurance with in-house adjusters and strong claims support. Their guidelines are selective, but if your home qualifies, they’re a solid, stable option.

• Florida Family Insurance – As a Florida-based company, they’ve consistently impressed us with reliable coverage, great service, and a strong presence—even during years when other companies pulled back from the market.

• Tower Hill – With decades of experience serving Florida residents, Tower Hill has continued to invest in its policyholders through hands-on claims handling and a deep understanding of Florida’s insurance landscape.

These are just a few examples. Every home—and homeowner—is different, and part of our job is helping you sort through the options to find coverage that truly fits your needs.

❓ Frequently Asked Questions

1. What is the largest homeowners insurance company in Florida?

As of September 30, 2024, Citizens Property Insurance Corporation is the largest homeowners insurer in Florida by policy count. However, it’s a state-run insurer and is often used only when no private options are available. We typically recommend private-market insurers first when available.

2. Is Citizens Insurance good?

Citizens is designed to be a safety net—not necessarily the best coverage option. While it provides basic protection, Citizens often comes with limitations on screen enclosure coverage, liability limits, policy endorsements, and the maximum home value they’ll insure (currently capped at $750,000). Many homeowners are placed with Citizens only because no other company will write their policy. Later, these policies are often “taken out” and transferred to private insurers as part of the state’s depopulation strategy.

3. Why are so many Florida home insurance companies pulling out or non-renewing policies?

Florida’s unique risks—like hurricanes, high litigation rates, and reinsurance costs—have caused many insurers to either stop writing new business or non-renew existing policies. In the past few years, several carriers reduced their footprint or exited altogether to manage financial exposure.

4. What should I look for in a Florida homeowners insurance company?

Beyond size, focus on financial stability (check Demotech or AM Best ratings), claims reputation, underwriting guidelines, and whether they use in-house adjusters. Working with an independent agency helps you compare the best options for your home.

5. Why isn’t my insurance company on this list?

This list ranks the top 25 companies by number of active homeowners policies in Florida. Some trusted insurers, like Florida Family or AAA, may be smaller but still offer excellent coverage and service.

6. Does GEICO offer homeowners insurance in Florida?

GEICO doesn’t underwrite home insurance policies in Florida. Instead, they refer customers to third-party home insurance companies. Because GEICO isn’t the actual insurer, your coverage, underwriting, and claims are handled by another company—many of which have reduced or stopped writing new business in Florida. That’s why GEICO doesn’t appear on this list.

7. Can I switch from Citizens to a private company?

Yes—if a private insurer is willing to write your home, you can switch. In fact, Florida encourages private carriers to “take out” Citizens policies to reduce the state’s financial risk. We can help you evaluate whether a private-market option is a better fit.

8. How do I get quotes from multiple Florida home insurance companies?

You don’t have to call every company yourself. As an independent agency, Augustyniak Insurance works with many of the insurers on this list. We compare your options, explain the differences, and help you choose the right fit—without any pressure.

⭐ Real Reviews from Florida Homeowners Who Insure with Us

We’re proud to be one of the most trusted independent insurance agencies in Florida—earning a 4.9-star rating from 1,961 Google reviews as of May 25, 2025.

Whether you're new to Florida insurance or navigating changes in the market, you don’t have to do it alone. Our team is here to help—with experience, care, and results that speak for themselves.

Need Help Choosing the Right Florida Home Insurance Company?

At Augustyniak Insurance, we represent many of the carriers on this list—and more importantly, we help Florida homeowners find coverage that actually fits their home, location, and risk level.

As an independent agency, we’re here to guide you through a changing market. We know:

• Which companies are currently writing new business

• Which carriers are competitive in your ZIP code

• Which insurers are financially solid heading into hurricane season

Because we're not tied to just one company, our focus is on what’s best for you—not what’s easiest for us. Whether you’re looking to move away from Citizens, switch to a more stable carrier, or just explore your options, we’re here to help you make a confident, informed decision.

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