Florida Peninsula Insurance Company
Carrier website links, underwriting access points, mapped product lines, and appetite notes in one place.
This appetite summary is only a guide. Confirm eligibility, submission requirements, restrictions, and binding authority directly with the carrier or underwriter before relying on it.
Carrier appetite summary
Applies to Florida Peninsula personal residential property (primarily HO-3, HO-6, HO-4 and related; Florida only). PREFERRED / TARGET BUSINESS - Owner-occupied primary residences in good repair, standard construction, Protection Classes 1–9. - Secondary/seasonal dwellings in secured communities or with Central Station burglar and fire alarms (HO-3/HO-6) where the insured’s primary Florida residence is also written with Florida Peninsula; only one seasonal/secondary residence allowed. - Condo unit owners (HO-6) and tenants (HO-4) above the ground floor in coastal areas (used to mitigate coastal distance restrictions). - Dwellings with no adverse prior loss history, particularly no sinkhole or unrepaired structural issues; property must be in good physical condition and occupied as stated on the application. - For Wind-Only: homes meeting flood/coverage requirements, in good condition, 100% insured to replacement cost (or ACV if applicable), with compliant occupancy and no history of non‑payment to Florida Peninsula. RESTRICTED / CONDITIONAL RISKS - Occupancy: Tenant-occupied not permitted on HO-3; tenant-occupied acceptable on HO-6 with a maximum of one lease per policy period (no weekly/resort rentals). - Seasonal/secondary residences: must meet enhanced security/alarm or secured-community criteria and are limited to one; Florida primary must also be insured with the carrier. - Sinkhole exposure / prior sinkhole or earth-movement loss (regardless of date) must be submitted non‑bound with: (1) engineering report with repair and remediation recommendations, (2) proof of completion of required repairs/remediation, and (3) a current engineering inspection and certification by an acceptable geotechnical engineer. - Distance to coast: standard HO-3 risks must generally be more than 700 feet from the coast; exceptions exist for HO-4 and HO-6 units located above the ground floor. - Wind-Only program: subject to separate residential wind-only underwriting standards including verification of full insurance-to-value, structural condition, and any required companion coverages (e.g., flood) per program rules. DECLINED / TYPICAL INELIGIBLE CLASSES (from current guides and market norms) - Properties in Protection Class 10 or effectively unprotected. - Condemned properties, homes in areas scheduled for demolition/urban renewal, or dwellings not in good physical condition. - Risks where required engineering documentation for prior sinkhole/earth-movement loss cannot be produced or does not show full remediation. - Occupancies inconsistent with the form (e.g., tenant-occupied on HO-3, frequent/short-term vacation rentals, resort/weekly rentals). - Applicants with prior non-payment or unpaid earned premium with Florida Peninsula on Wind-Only programs. GEOGRAPHIC NOTES - Florida only; appetite focused on residential properties statewide, subject to distance‑to‑coast rules and protection class limits. - Coastal exposures under 700 feet to the shoreline generally ineligible for HO‑3; HO‑4/HO‑6 units above ground floor may be acceptable even within this zone. SUBMISSION & DOCUMENTATION EXPECTATIONS - Follow the Underwriting Guide for eligibility and classification; note that the published guide is labeled as a partial list of selection criteria and directs agents to the full manual for complete rules. - For any risk with prior sinkhole or earth-movement loss, submit as non‑bound with full engineering package (initial report, proof of repairs, and final certification) for underwriting review. - Ensure application accurately reflects occupancy, seasonal/secondary status, security protections (alarms/secured community), distance to coast, and any prior losses; misrepresentation or omission can lead to rejection, cancellation, or non‑renewal. - For Wind-Only program, confirm full replacement-cost or ACV limits, property condition, and good‑faith disclosure of material information; verify the risk is not condemned or slated for demolition and that the applicant has no outstanding premium obligations to Florida Peninsula. BROKER / PRODUCER NOTES - Utilize the underwriting guide as a quick-reference but defer to the full manual and underwriter direction for borderline or complex risks; the guide explicitly notes that it is not exhaustive. - Secondary/seasonal and coastal condo/tenant risks require closer screening (alarm or secured community, above ground floor, and Florida primary residence with the carrier where applicable). - Sinkhole/earth-movement history is highly sensitive: do not bind; gather engineering documentation early and submit for review. - Wind-Only business is governed by a dedicated program document; treat it as a separate set of standards and avoid binding before confirming eligibility. - Maintain strong documentation in agency files (photos, inspection/engineering reports, occupancy verification) to support underwriting file review and minimize post-bind issues.