Florida Peninsula Insurance Company
Florida Peninsula Insurance Company is a Florida-focused private residential property insurer offering homeowners, condo, renters, and DP-3 landlord policies through a 2,500-agent network across the state, with disciplined underwriting emphasis on hurricane and wind-damage risk.
- Company typePrivate
- Founded2005
- HeadquartersBoca Raton, United States
- Headcount251–500
- GTM typeB2C
- OfferingServices
What Florida Peninsula Insurance Company does
Florida Peninsula Insurance Company is a privately held, Florida-domiciled property and casualty insurer founded in 2005 and headquartered in Boca Raton, Florida. The company underwrites a focused book of residential property insurance products for the Florida market: HO-3 homeowners, HO-6 condo, renters, and DP-3 landlord/dwelling fire coverage, supplemented by add-on modules covering flood, identity theft, equipment breakdown, and animal liability. Distribution is anchored by a 2,500-agent appointed network statewide, complemented by direct-to-consumer channels including the company website and a toll-free inside-sales line.
The business model is subscription-style recurring insurance premium revenue on monthly, semi-annual, or annual billing, with quote-based pricing that the company does not publish publicly. Wind mitigation discounts (alongside senior, burglar, and fire alarm discounts) are central to the value proposition, given the hurricane exposure that defines the Florida peninsula market. Operating technology is described as standard policy administration, claims processing, and customer portal infrastructure; no proprietary platform, AI/ML capability, or data assets are disclosed in the source material.
Management of the rate filing and regulatory relationship sits with Windward Risk Managers, the company's managing general agent, which files with the Florida Office of Insurance Regulation on Florida Peninsula's behalf. Recent regulatory and operational moves include the approval in 2026 to assume up to 20,000 policies from Citizens Property Insurance Corp. as part of Florida's depopulation drive, a 0.9% DP-3 rate decrease and tenant-occupied surcharge elimination effective July 2026, and two favorable appellate decisions in May and June 2026. The company reports an A+ BBB accreditation and a Demotech A Exceptional financial stability rating, and operates within a Great Place to Work certified culture.
Florida Peninsula Insurance Company firmographics
Firmographics- Name
- Florida Peninsula Insurance Company
- Legal name
- Florida Peninsula Insurance Company
- Website
- https://floridapeninsula.com
- Company type
- Private
- Founded year
- 2005
- Operating status
- Operating
- Headcount range
- 251–500 employees
- Short description
- Florida Peninsula Insurance Company is a Florida-focused private residential property insurer offering homeowners, condo, renters, and DP-3 landlord policies through a 2,500-agent network across the state, with disciplined underwriting emphasis on hurricane and wind-damage risk.
- Ownership category
- akta.pro rank
Florida Peninsula Insurance Company industry classification
Industry- Product category
- Homeowners Insurance
- NAICS
- Direct Property and Casualty Insurance Carriers (524126)
- SIC
- Fire, Marine & Casualty Insurance (6331)
- akta.pro primary industry
- Homeowners Insurance (FSAJACAA)
- akta.pro secondary industries
- Renters Insurance (FSAJACAB), Condominium (HO-6) Insurance (FSAJACAC), Landlord / Dwelling Fire (DP) Insurance (FSAJACAD)
Keywords
Where Florida Peninsula Insurance Company is headquartered
LocationHeadquarters
- HQ city
- Boca Raton
- HQ country
- United States
- HQ region
- North America
Offices2 records
Markets served
Florida Peninsula Insurance Company business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Operations, Personnel, Marketing or Sales, Technology or R&D, Infrastructure
Revenue model
- Insurance Premiums: Florida Peninsula generates revenue through recurring insurance premiums from homeowners, condo, renters, and DP-3 landlord policies. Policyholders pay regular premiums (monthly, semi-annual, or annual billing) in exchange for property insurance coverage in Florida.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Annual | Animal Liability Coverage add-on |
Go-to-market motion2 records
Distribution channels3 records
Marketing channels5 records
Florida Peninsula Insurance Company product offering
Product offeringCore offering
Florida Peninsula Insurance Company underwrites and sells residential property insurance policies to Florida homeowners, condominium unit owners, renters, and landlords. The company offers four core products: Homeowners (HO-3), Condo (HO-6), Renters, and DP-3 Landlord Insurance, with optional add-on coverages including flood, identity theft, equipment breakdown, and animal liability. Policies are distributed through a network of approximately 2,500 licensed agents across Florida, as well as direct-to-consumer via website and phone sales.
Product overview
Florida Peninsula Insurance Company offers a multi-product homeowners insurance portfolio consisting of four core insurance products: Homeowners Insurance (HO-3), Condo Insurance (HO-6), Renters Insurance, and DP-3/Landlord Insurance. These products are complemented by a suite of Additional Coverage Options including flood, identity theft, equipment breakdown, and animal liability add-ons. The company also offers wind mitigation discounts as a cost-saving module for policyholders with wind-resistant home features. The product architecture is organized as a unified insurance platform with modular add-on coverages that customers can layer onto their base policies.
Differentiator
Problem solved
Functional benefit
Products and services
- Homeowners Insurance Comprehensive property insurance for Florida homeowners covering the dwelling, personal belongings, and personal liability protection, designed for the hurricane, wind, and tropical storm risks specific to Florida primary residences.
- Condo Insurance HO-6 style condo insurance providing specialized coverage for the interior of a Florida condominium unit, personal belongings, and condo-specific liability needs.
- Renters Insurance Affordable personal property and liability insurance for Florida renters covering their belongings and providing liability protection that travels with the policyholder wherever they rent.
- DP-3 / Landlord Insurance Dwelling fire coverage for landlords and real estate investors in Florida, protecting rental and investment property structures, loss of rent, and landlord liability for tenant-occupied rentals.
Quantifiable outcome
- Wind mitigation inspections may qualify policyholders for significant premium discounts by identifying wind-resistant home features.
- +1 more outcomes
Companies that use Florida Peninsula Insurance Company
Customer profileNamed customers3 records
Segments4 records
Ideal customer profiles4 records
Florida Peninsula Insurance Company technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Florida Peninsula Insurance Company partnerships and signals
Strategic signalPartnerships
Eight partnerships are on record, tiered core and minor.
- Habitat for Humanity of Greater Palm Beach CountycoreFlorida Peninsula has partnered with Habitat for Humanity of Greater Palm Beach County for 14 years, sponsoring seven homes and participating in numerous build events. The partnership includes employee volunteer programs, Agent Build Days, Women Build events, and Executive Build sponsorship. The company sponsored its 7th home for a deserving family in 2025.
- Broward Partnership for the HomelesscoreFlorida Peninsula has supported the Broward Partnership for the Homeless since 2012, advancing their mission to reduce homelessness. Partnership activities include clothing drives, the Breaking Bread Breaking Barriers food service program, and the 4th Annual Cornhole Tournament fundraiser. The company also supports virtual fundraisers for remote employees.
- Forgotten Soldiers OutreachcoreFlorida Peninsula has supported Forgotten Soldiers Outreach for 14 years, helping deliver care packages to deployed military members. The company has assembled 100 We Care packages annually and hosted an internal supply drive where 10 employees and family members packed care packages at the organization's Lake Worth headquarters.
- Flags for Fallen VeteranscoreFlorida Peninsula participates in Flags for Fallen Veterans' Memorial Day tribute, placing American flags at gravesites at the South Florida National Cemetery. Over 20 employees and family members participate annually in this honor guard activity.
- Family Insurance ServicesminorFamily Insurance participated as a volunteer in Florida Peninsula's Habitat for Humanity Agent Build Day, demonstrating collaboration between the company and partner insurance agents.
- Atlantic PacificminorAtlantic Pacific participated as a volunteer in Florida Peninsula's Habitat for Humanity Agent Build Day, demonstrating collaboration between the company and partner insurance agents.
- Windward Risk ManagerscoreWindward Risk Managers serves as the managing general agent/risk manager for Florida Peninsula Insurance Company. They announced statewide rate decreases for Florida Peninsula policies, effective July 2026, including a 0.9% reduction for DP-3 dwelling property rates and elimination of the tenant-occupied surcharge. Windward Risk Managers handles rate filing and regulatory filings with the Florida Office of Insurance Regulation on behalf of Florida Peninsula.
- Citizens Property Insurance Corp.coreFlorida Peninsula was approved by the Florida Office of Insurance Regulation to assume up to 20,000 policies from Citizens Property Insurance Corp. as part of Florida's ongoing depopulation drive. Policy transfers are staggered across August to October 2026. This allows Florida Peninsula to grow its book of business while helping reduce the state's insurer of last resort exposure.
Scale indicators6 records
Recent moves5 records
Expansion highlights5 records
Florida Peninsula Insurance Company competitors and assessment
Company assessmentDirect peers
- HCI Group (Homeowners Choice): Florida-focused personal property insurance holding company underwriting homeowners and condo coverage through subsidiary carriers. Directly comparable product mix and Florida concentration.
- Universal Insurance Holdings: Publicly traded Florida property insurer offering homeowners, condo, and flood coverage through independent agents. Comparable multi-product Florida residential book and agent distribution model.
- Heritage Insurance Holdings: Publicly traded Florida-headquartered personal property insurer offering homeowners, condo, and renters coverage through independent agents. Operates in overlapping Florida geographies with similar wind/hurricane exposure.
- American Integrity Insurance: Florida-only homeowners and condo insurance carrier using independent agents. Operates with similar product mix and hurricane-driven exposure profile.
- Tower Hill Insurance Group: Privately held Florida property insurer offering homeowners, condo, and specialty residential coverage. Comparable single-state focus and agent-driven distribution.
- FedNat Insurance Company: Florida and Gulf Coast residential property insurer offering homeowners, condo, and renters coverage. Operates in adjacent hurricane-exposed geographies with similar product mix.
- Security First Insurance: Florida-focused homeowners insurance carrier selling through independent agents with comparable product portfolio (HO-3, HO-6, renters, DP-3) and geographic concentration in the peninsula.
- People's Trust Insurance: Florida-only homeowners insurance carrier offering direct-to-consumer and agent-distributed policies with comparable HO-3, HO-6, and DP-3 product set.
Emerging players
- Slide Insurance: Florida-focused property insurance carrier that has rapidly scaled through Citizens depopulation takeouts and organic growth. Comparable strategy of leveraging depopulation programs to grow policy count.
Regional players
- Citizens Property Insurance Corp. Florida's state-created insurer of last resort and the source of Florida Peninsula's depopulation policy takeouts. Both operate exclusively in Florida residential property insurance with overlapping homeowner, condo, and DP-3 lines.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat4 records
Key risks5 records
Key highlights7 records
Customer concentration
Florida Peninsula Insurance Company social profiles
Digital presenceFlorida Peninsula Insurance Company compliance and trust
Trust signalCompliance3 records
Florida Peninsula Insurance Company financial estimates
Financial estimateRevenue estimate
Valuation estimate
Florida Peninsula Insurance Company leadership team
Management profileNumber of profiles
Profiles3 records
Florida Peninsula Insurance Company funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Florida Peninsula Insurance Company M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Florida Peninsula Insurance Company
What does Florida Peninsula Insurance Company do?
Florida Peninsula Insurance Company underwrites and sells residential property insurance policies to Florida homeowners, condominium unit owners, renters, and landlords. The company offers four core products: Homeowners (HO-3), Condo (HO-6), Renters, and DP-3 Landlord Insurance, with optional add-on coverages including flood, identity theft, equipment breakdown, and animal liability. Policies are distributed through a network of approximately 2,500 licensed agents across Florida, as well as direct-to-consumer via website and phone sales.
Is Florida Peninsula Insurance Company a public or private company?
Florida Peninsula Insurance Company is a private company. It is classified as unknown and is currently operating.
When was Florida Peninsula Insurance Company founded?
Florida Peninsula Insurance Company was founded in 2005. It employs 251 to 500 people.
Where is Florida Peninsula Insurance Company based?
Florida Peninsula Insurance Company is headquartered in Boca Raton, United States, in the North America region.
How does Florida Peninsula Insurance Company make money?
One revenue line is on record: insurance Premiums.
Who are Florida Peninsula Insurance Company's main competitors?
Direct peers on record are HCI Group (Homeowners Choice), Universal Insurance Holdings, Heritage Insurance Holdings, American Integrity Insurance, Tower Hill Insurance Group, FedNat Insurance Company, Security First Insurance and People's Trust Insurance. Slide Insurance is listed as an emerging player. Citizens Property Insurance Corp. is listed as a regional player.
Does Florida Peninsula Insurance Company have an API?
No public API is recorded for Florida Peninsula Insurance Company.
What industry is Florida Peninsula Insurance Company in?
Florida Peninsula Insurance Company's product category is Homeowners Insurance. Its primary akta.pro industry code is FSAJACAA, Homeowners Insurance, with a secondary code of FSAJACAB, Renters Insurance. Its NAICS code is 524126 and its SIC code is 6331.