Coastal Insurance

What Coastal Insurance does

Coastal Insurance Agency (doing business as Coastal Insurance) is an independent insurance agency headquartered in Miramar Beach, Florida, founded in 1999. The agency provides property and casualty insurance products—including homeowners, condo (HO-6), auto, flood, hurricane, watercraft, rental property, commercial, and scheduled personal property coverage—to homeowners, property owners, and small businesses concentrated in Walton and Okaloosa Counties along Florida's Gulf Coast. The firm self-describes as the largest domiciled insurance agency in Destin and Walton County, Florida, and operates under the Acentria Insurance umbrella as a dba of Foundation Risk Partners, Corp., a national insurance distribution and risk management organization. Headcount is reported at 11-50 employees, including executive leadership, sales producers, account executives, account managers, and administrative staff.

As an independent agency, Coastal Insurance does not underwrite policies; rather, it represents more than 40 A-rated insurance carriers—including American Strategic Insurance, Citizens Property Insurance, American Integrity, Pure Insurance, QBE, Tower Hill, Heritage, and others—and earns commission revenue by matching clients to the carrier and product best suited to their specific risk profile. There is no proprietary technology platform or software stack described in the source material; the technology footprint consists of a Squarespace-hosted marketing website with online quote request forms (home, condo, auto, scheduled personal property), a policy-service request portal, a claims reporting directory, and a payment integration with FRP epaypolicy.com. Customer relationships are managed through a dedicated Account Executive plus Account Manager model, with hurricane preparedness, flood zone analysis, windstorm mitigation, and coastal property specialization forming the agency's domain core.

The agency's go-to-market is sales-led, combining inbound online quote forms, phone-based consultations, and referral partnerships with local Florida Panhandle realtors, title companies, lenders, and home builders. Pricing is not publicly disclosed: insurance premiums are determined per client based on property characteristics, location, coverage limits, and carrier underwriting criteria, with annual billing cadence. The company faces material geographic concentration risk to Florida's hurricane and windstorm-exposed coastal market, which simultaneously drives its specialization advantage and exposes commission revenue to catastrophic-loss-driven carrier capacity constraints and rate volatility.

Name

Coastal Insurance

Legal name

Coastal Insurance Agency

Website

https://coastalcoverage.com

Company type

Private

Founded year

1999

Operating status

Operating

Headcount range

11–50 employees

Short description

Coastal Insurance Agency is an independent insurance agency in Miramar Beach, Florida, providing home, condo, auto, flood, hurricane, rental, watercraft, scheduled personal property, and commercial insurance to property owners and small businesses across Walton and Okaloosa Counties.

Ownership category

akta.pro rank

Product category

Property and Casualty Insurance

NAICS

Insurance Agencies and Brokerages (52421)

SIC

Insurance Agents, Brokers & Service (6411)

akta.pro primary industry

Homeowners Insurance (FSAJACAA)

akta.pro secondary industry

Inland Marine / Personal Articles & Valuable Items Insurance (FSAJACAJ)

Keywords

• Independent insurance agency
• Coastal property insurance
• Hurricane insurance coverage
• Flood insurance policies
• Commercial insurance brokerage

Headquarters

HQ city

Miramar Beach

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales

Revenue model

1. Insurance Commission Revenue: Coastal Insurance operates as an Independent Insurance Agency representing many different insurance companies. The agency earns commissions from insurance carriers for placing policies (home, auto, condo, flood, hurricane, commercial, bonds, liability, etc.). As an independent agency, they do not underwrite policies themselves; they earn revenue by matching clients with the best carrier and product for their needs.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels4 records

Core offering

Coastal Insurance is an independent insurance agency that places property and casualty insurance policies on behalf of clients with multiple A-rated insurance carriers. The agency specializes in coastal Florida Panhandle insurance including home, condo, auto, flood, hurricane, rental property, watercraft, commercial, and scheduled personal property coverage. As an independent agency, it does not underwrite policies itself but earns commissions by matching clients with the best carrier and product for their specific risk profile.

Product overview

Coastal Insurance is an independent insurance agency offering a comprehensive portfolio of insurance products designed specifically for the Florida Gulf Coast. The agency provides multiple A-rated insurance carriers to match coverage to customer risk profiles. Core offerings include home insurance (for luxury coastal and standard properties), auto insurance, condo insurance (HO-6), flood insurance, and hurricane insurance (combining property, windstorm, and flood coverage). Additional products include rental property insurance, watercraft insurance, and commercial/business insurance, plus scheduled personal property coverage for valuables like jewelry and fine art. As an independent agency representing multiple insurance companies, Coastal Insurance can place clients with the best possible company and product for their particular needs. The agency also provides policy service request processing and claims reporting support through an account management team.

Differentiator

Problem solved

Functional benefit

Products and services

• Home Insurance Homeowners insurance coverage for properties in Walton and Okaloosa County, Florida, including coastal and luxury homes in Destin, 30A, Miramar Beach, and surrounding Gulf Coast communities. Covers existing homes, new purchases, owner-occupied dwellings, and rental properties.
• Auto Insurance Automobile insurance coverage for Florida drivers, providing protection for vehicles against collision, liability, and other covered perils.
• Flood Insurance Flood insurance coverage protecting against rising water and tidal surge damage, which is excluded from standard home insurance policies. Available through FEMA's National Flood Insurance Program (NFIP) and select carriers.
• Hurricane Insurance Composite hurricane coverage combining property insurance, windstorm insurance, and flood insurance to protect against multiple hurricane-related perils including wind damage, lightning, fire, and flooding from rain or tidal surge.
• Condo Insurance (HO-6) HO-6 condo insurance covering interior features such as flooring, cabinets, and fixtures, along with personal property and personal liability. Fills gaps left by condo association master policies.
• Rental Property Insurance Insurance coverage for short-term and long-term rental properties, including vacation rentals, with specific coverage adjustments for rental exposure and occupancy-related risk factors.
• Watercraft Insurance Boat and watercraft insurance coverage providing protection for vessels against covered losses on Florida waters.
• Commercial Insurance Business insurance coverage including commercial property, contractors coverage, bonds, and liability protection for businesses in Okaloosa and Walton Counties.
• Scheduled Personal Property Valuable items coverage for jewelry, fine art, watches, antiques, firearms, and collectibles. Provides scheduled personal property protection as a separate rider or policy.

Quantifiable outcome

• Short-term rental properties typically yield a rate increase of roughly 15% to 20% depending on the carrier (advisory guidance provided to customers)
• +2 more outcomes

Named customers7 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration1 record

Partnerships

Four partnerships are on record, tiered parent_company and core.

• Acentria Insuranceparent_companyStrategic or Co-development PartnerCoastal Insurance Agency is an Acentria Insurance company. Acentria is a larger insurance agency network/holding company. Coastal operates as a dba under the Acentria umbrella and is subject to its corporate policies (e.g., privacy policy, accessibility statements).
• Foundation Risk Partners, Corpparent_companyStrategic or Co-development PartnerCoastal Insurance Agency is a dba (doing business as) of Foundation Risk Partners, Corp. Foundation Risk Partners is a national insurance distribution and risk management organization. This relationship indicates Coastal is part of the Foundation Risk Partners network.
• 40+ Insurance Carriers (American Strategic Insurance, Citizens Property Insurance, American Integrity, Centauri, Heritage, QBE, Pure Insurance, Tower Hill, and others)coreChannel Partner/ Reseller/ DistributorCoastal Insurance represents dozens of insurance companies enabling the independent agency model. Key carriers include American Strategic Insurance, Citizens Property Insurance, American Integrity, Centauri, Heritage, QBE, Pure Insurance, Tower Hill, Bankers Insurance Group, Beazley, Cypress, Florida Peninsula, Frontline, Geovera, Homeowners Choice, Johnson & Johnson, Lexington, Monarch, Olympus, Orchid, Progressive, RLI, Safepoint, Security First, Southern Fidelity, Southern Oak, Swyfft, True, Universal Property and Casualty, United Property and Casualty, USLI, Vault, Velocity, Vyrd, Weston Insurance, and others for home/wind coverage; Beyond Flood, FEMA, Wright National Flood, NFIP, Progressive (flood), Neptune for flood coverage; Auto-Owners, Bristol West, Foremost, Hagerty, Mercury, Nationwide, Progressive, Safeco, Travelers for auto/boat coverage; and Amelia Underwriters, Auto-Owners Insurance, Bass Underwriters, Olympus Insurance Company, Zurich for commercial coverage.
• Local Realtors, Title Companies, Lenders, and Home BuilderscoreGTM or Marketing PartnerCoastal Insurance works closely with local realtors, title companies, lenders, and home builders to ensure smooth real estate transactions for new construction or property purchases in the Florida Panhandle. These professionals refer clients needing insurance coverage as part of property transactions.

Scale indicators2 records

Recent moves4 records

Expansion highlights4 records

Others

• Foundation Risk Partners: National insurance distribution and risk management organization that owns multiple agency brands, including Coastal itself (as a dba). Directly comparable as the parent platform and as a portfolio of similar independent agency brands.
• Acentria Insurance: Insurance agency network and holding company under which Coastal operates. Operates as an aggregating parent for independent agency brands, providing carrier access, back-office support, and growth capital to agencies like Coastal.

Broad incumbents

• Marsh McLennan: Global professional services firm operating Marsh (insurance brokerage) and other risk advisory brands. Compares to Coastal as a multi-carrier insurance intermediary, though primarily serving large commercial accounts and institutional clients.
• Brown & Brown Insurance: Large diversified insurance agency and brokerage operator offering property, casualty, and personal lines across many U.S. geographies. Comparable as a multi-carrier agency model with far broader scale and capabilities than Coastal.
• Arthur J. Gallagher & Co. Global insurance brokerage and risk management firm that places business across multiple carriers for retail and commercial customers. Compares to Coastal on independent multi-carrier placement, though at vastly larger scale and broader line-of-business mix.
• Hub International: Major North American insurance brokerage representing multiple carriers and providing personal and commercial property coverage. Operates the same multi-carrier agency/brokerage model as Coastal, but at national scale with deeper enterprise and specialty lines.

Regional players

• RPS Insurance: Specialty-focused insurance brokerage and wholesale distributor placed across multiple carriers. Comparable to Coastal as a multi-carrier intermediary serving personal and commercial customers through a regional, relationship-led model.
• AssurePartners: National insurance brokerage formed via rollups of regional independent agencies across the U.S. Compares to Coastal on independent multi-carrier agency model and rollup-style regional expansion, primarily serving commercial and personal lines in specific geographies.

Direct peers

• Goosehead Insurance: Independent personal-lines agency platform that represents multiple carriers and earns commission-based revenue by matching customers to carriers—the same fundamental model as Coastal, scaled nationally and publicly traded.
• Brightway Insurance: Florida-headquartered independent insurance franchise agency that represents multiple carriers across home, auto, and specialty lines. Highly comparable on geography (Florida) and independent agency/brokerage model, though executed via a franchise system rather than direct offices.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/Coastalins_FL
• Facebookfacebook.com/CoastalInsuranceSouthWalton
• LinkedInlinkedin.com/company/coastalcoverage

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Coastal Insurance