Which Insurers Are Leaving Florida? The Complete List (2024 Update)

It seems to get worse every month. Another insurer stops. Another bankruptcy. Here is the current status.

It seems to get worse every month. Another insurer stops. Another bankruptcy. Here is the current status.

Stopped Writing New Policies

These insurers are no longer writing new homeowners policies in Florida:

InsurerDateExisting Customer Status
State FarmMay 2023Kept for now
AllstateJune 2023Kept for now
AAA2023Kept for now
Progressive2023Limited
AIG2023No new

Completely Left

InsurerDate
FarmersJuly 2023
Bankers Insurance2023
Lexington Insurance (AIG)2023

Bankrupt

InsurerDate
United Property & Casualty (UPC)February 2023
FedNatSeptember 2022
Weston2022
Avatar2022
Lighthouse2022
St. Johns2022
Southern Fidelity2022

Still Active (For Now)

Insurers that are still writing new policies in Florida (status can change):

  • Citizens (state-backed)
  • Universal Property
  • Tower Hill
  • American Integrity
  • Heritage
  • Slide
  • TypTap
  • Kin
  • Security First
  • Florida Peninsula
  • Homeowners Choice

Note: "Active" does not mean "available to you." Many insurers are selective about which ZIP codes, homes, and roof ages they accept.

Why This Is Happening

The mix of factors:

  1. Hurricanes — Ian (2022) cost $50+ billion
  2. Litigation — Florida has 76% of all US homeowners lawsuits
  3. Reinsurance — Costs up 30-50%
  4. AOB fraud — Assignment of Benefits abuse
  5. Roof scams — False claims after storms

Impact On You

What homeowners experience:

  • Less choice
  • Higher premiums
  • Stricter acceptance requirements
  • Faster non-renewals
  • Citizens as the only option

How To Protect Yourself

Things that some homeowners do:

  • Shop now, not when you get non-renewed
  • Work with an independent agent (not captive)
  • Keep your roof young — this is the #1 factor
  • Document wind mitigation improvements
  • Consider higher deductibles

See What Homeowners in Your ZIP Code Experience

We collect data from Miami-Dade homeowners. Upload your documents to see patterns from people in your situation.

Check Your Address

Last updated: December 2024

Sources: Florida OIR, AM Best, Insurance Journal

This information is for educational purposes only. We do not provide insurance advice. Consult with a licensed insurance agent for guidance specific to your situation.