Florida Peninsula Insurance Review & Ratings (2023)

Welcome to our comprehensive guide on Florida Peninsula Insurance. In this article, we will delve into the key aspects of Florida Peninsula Insurance, including coverage options, pricing, customer reviews, and claims handling. If you’re a Florida homeowner looking for reliable insurance, you’ve come to the right place.

To ensure you find the best rates and policies tailored to your needs, we invite you to enter your ZIP code and compare quotes from top insurance providers in your area. Safeguard your home with the right coverage by taking action today.

What does Florida Peninsula homeowners insurance cover?

Florida Peninsula homeowners insurance is a comprehensive policy that includes all of the basics of a typical homeowners insurance policy plus lots of additional coverages. Each policy has property coverage that covers your dwelling and other structures (such as sheds and fences), personal property (such as furniture and clothing), and loss of use to cover living expenses.

The liability portion of the policy includes personal liability in case someone is injured on your property or you damage someone else’s property, as well as medical expense coverage for those who may be injured on your property.

Each policy comes with two different deductibles — a standard deductible and a hurricane deductible. Policyholders can choose between a $500, $1,000, or $2,500 standard deductible, which does not apply to hurricane damage. Hurricane deductibles can be either 2%, 5%, or 10% of the dwelling coverage limit.

Florida Peninsula’s optional coverages include:

• Animal liability
• Personal property replacement cost
• Special increased limits
• Permitted incidental occupancy
• Earthquake coverage
• Scheduled personal property
• Golf cart coverage
• Screened enclosure, carport, and awning coverage
• Identity theft coverage
• Jewelry and furs increased limits
• Limited fungi, wet or dry rot, yeast, or bacteria increased limits
• Silverware increased limits
• Sinkhole coverage
• Loss assessment increased limits
• Water backup and sump overflow
• Ordinance or law coverage
• Flood endorsement

Florida Peninsula’s homeowners insurance is available to homeowners in the state of Florida only.

How much does Florida Peninsula homeowners insurance cost?

The average Florida Peninsula homeowners insurance is higher than other companies. A policy for a $300,000 home could cost around $2,557 per year. To give you an idea of how these rates compare, take a look at the average annual homeowners insurance rates by state:

As you can see in the table above, the average rate for homeowners insurance in Florida is $1,951 per year. However, as a regional provider of home insurance, Florida Peninsula Insurance Company does not provide competitive rates.

How is the Florida Peninsula homeowners insurance company rated?

Florida Peninsula Insurance Company has a BBB rating of A+. However, after 20 reviews, it only has a 1 out of 5 star rating.

In 2020, Florida Peninsula was ranked one of A.M. Best’s top homeowners insurers based on premiums written in 2019. However, there is no Florida Peninsula insurance rating from A.M. Best that indicates the company’s financial strength.

Florida Peninsula’s NAIC complaint index is 0.90. Compared to the national average of 1.00, this means that Florida Peninsula receives only 90% of the complaints that are expected for a company of its size.

However, customer reviews online share negative stories about Florida Peninsula’s services. Many customers complain of Florida Peninsula canceling their policies either without notice or for seemingly small issues (such as an “unfenced hot tub” that was actually a small kid’s pool filled with water for the afternoon or a canceled claim with a previous insurer who never had to pay). Other complaints include high rates, increasing rates, or denied claims.

How do I get a quote or file a claim?

The only way to receive Florida Peninsula homeowners insurance quotes is to speak with an agent who sells its products. The Florida Peninsula insurance website allows you to search for agents near you. You can also call (877) 549-9672 for help finding an agent and getting quotes.

There are two ways to file a homeowners insurance claim with Florida Peninsula. You can either use your Florida Peninsula insurance login to submit a claim online. Or you can submit a claim over the phone by calling the phone number above or (888) 332-3149 for water claims. In addition, you may be able to receive help from your agent who can use their Florida Peninsula insurance agent login to manage claims.

When you are getting ready to file a claim, you should take pictures of the damage. If you’re able to make temporary repairs to prevent further damage, do so. Finally, keep any receipts from emergency repairs. Florida Peninsula will typically schedule an inspector to review the damage within 72 hours.

How can I contact Florida Peninsula Insurance Company?

The Florida Peninsula Insurance Company’s website is www.floridapeninsula.com. You can manage most of your policy by logging onto your online account.

The Florida Peninsula customer service phone number is (877) 229-2244 and the customer fax is (866) 923-2926.

Florida Peninsula’s headquarters is located at 903 NW 65 Street, Suite 200, Boca Raton, FL 33487. Payments can be sent to P.O. Box 733996, Dallas, TX 75373. Policy correspondence can be sent to P.O. Box 20207, Lehigh Valley, PA 18002.

Should I buy Florida Peninsula homeowners insurance?

Florida Peninsula Insurance Company prides itself on being able to provide homeowners insurance to Florida. It does its best to understand the risks specific to Florida homeowners, such as hurricanes. However, it doesn’t have the reputation of some larger companies, and its words and actions may not accurately express its love of Florida.

For example, having addresses in Texas and Pennsylvania have raised some policyholders’ suspicions about where the company is truly located. In addition, other customer complaints indicate a gap in customer service and claims processing.

Finally, you may be able to find another insurance company that can offer you lower rates for similar coverage. If you’re unable to find affordable Florida Peninsula homeowners insurance, enter your ZIP code into our free quote comparison tool below.