*Ranked by 2021 direct premiums written.
Source: NAIC data, sourced from S&P Global Market Intelligence.
FAQs
Who is currently writing homeowners insurance in Florida? ›
The 5 Best Homeowners Insurance Companies in Florida
- State Farm: Our top pick for Florida.
- Allstate: Best for discounts.
- Security First: Best for hurricane protection.
- Progressive: Best for bundling home and auto.
- Chubb: Best for high-value homes.
Sep 10, 2024
Universal Property and Casualty Insurance Company
Compare Florida Auto Insurance
| Best Car Insurance in Florida | Our Score | Customer Experience |
|---|---|---|
| Travelers | 9.5 | 9 |
| State Farm | 9.2 | 9.1 |
| Progressive | 9.4 | 8.8 |
| Allstate | 9.1 | 8.8 |
Aug 28, 2024
Read on to learn how the top insurance companies ranked and what affected claims satisfaction in 2024.
- Amica, AIG, and Erie Insurance top the list for consumer satisfaction with property claims, according to a 2024 study by J.D. Power.
- Travelers and Homesite are rated at the bottom for customer service during claims.
Aug 22, 2024
Gov. Ron DeSantis' office confirmed that State Farm Insurance plans to continue its presence in the Florida insurance marketplace after Farmers Insurance declared plans to leave the state.
Is Progressive pulling out of Florida? ›Last fall Progressive confirmed to ABC Action News that they will not renew policies in Florida beginning in May of 2024 to "rebalance our exposure" they told us in a statement. "I was shocked, I was stunned," Kasdan said. "There may be a time where as much as we love Florida we may not be able to stay here."
Which insurance company has the most complaints? ›The auto insurance company with the most complaints is United Automobile Insurance, which receives roughly 40 times more complaints than the average insurer its size, according to the latest NAIC complaint index.
Who is the most trusted insurance company? ›Here are the best car insurance companies of 2024:
- Travelers: Best insurance company overall.
- American Family: Best for affordability.
- Geico: Best for accident forgiveness.
- NJM: Best for having few customer complaints.
- Auto-Owners: Best for financial strength.
- Amica: Best for discounts.
Which insurance companies are pulling out of Florida?
- Farmers.
- Southern Fidelity.
- Weston Property & Casualty.
- United Insurance Holdings.
- FedNat.
- Bankers.
- Lighthouse Property Insurance.
- Avatar Property & Casualty.
Aug 19, 2024
The best home insurance companies in September 2024
- Chubb. Best for high-value home coverage. 4.3. Rating: 4.3 stars out of 5. ...
- Allstate. Best overall. 4.2. Rating: 4.2 stars out of 5. ...
- State Farm. Best for local agents. 4.2. ...
- Travelers. Best for add-on coverage options. 4.1. ...
- Lemonade. Best for digital experience. 3.8.
What is the best homeowners insurance for seniors? ›
Although most homeowners insurance companies offer comparable coverage to seniors, we found that Allstate offers the most generous discount to retired homeowners over 55 of up to 20% off the cost of a policy.
Which home insurance company has the lowest complaint index? ›Ratio for Complaint Years 2023, 2022, and 2021
| 2023 Rank | Company Name | Number of Justified Complaints |
|---|---|---|
| 2023 | ||
| 1 | AMERICAN NATIONAL PROPERTY AND CASUALTY COMPANY | 0 |
| 2 | MARKEL AMERICAN INSURANCE COMPANY | 0 |
| 3 | INTERINSURANCE EXCHANGE OF THE AUTOMOBILE CLUB | 11 |
Three primary factors are driving the insurance challenge. First, natural disasters are becoming more common and costly. Second, the price of reinsurance is skyrocketing. And finally, Florida's litigation-friendly environment compounds the issue by making it easy for customers to sue their insurers.
Who is the new insurance commissioner in Florida? ›Michael Yaworsky
Quick answer: Eight new home insurance companies are entering Florida's market in 2024: Ovation Home Insurance Exchange, Manatee Insurance Exchange, Condo Owners Reciprocal Exchange, Orange Insurance Exchange, Orion180 Select Insurance Company, Orion180 Insurance Company, Mainsail Insurance Company, and Tailrow ...