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New Florida Insurance Market Entrants (2024-2025)

Timothy Steeves February 11, 2026

One encouraging sign of stabilization in Florida’s homeowners insurance market is the return of competition. Over the past year, several new insurers have entered the Florida marketplace, expanding options for homeowners and buyers.

Newly active insurance providers include:

  1. Mainsail Insurance Company
  2. Tailrow Insurance Exchange
  3. Orion180 Insurance Company
  4. Orion180 Select Insurance Company
  5. Orange Insurance Exchange
  6. Condo Owners Reciprocal Exchange (CORE)
  7. Manatee Insurance Exchange
  8. Ovation Home Insurance Exchange
  9. Trident Reciprocal Exchange
  10. ASI Select Insurance Corp.
  11. Mangrove Property Insurance Company
  12. Viceroy Preferred Insurance Company
  13. Stand Insurance Exchange
  14. Praxis Reciprocal Exchange

Why This Matters

More insurers in the market typically means:

  • Increased availability of coverage.
  • More competitive pricing over time.
  • Greater flexibility for different property types, including condos and single-family homes.

While insurance remains highly property-specific in Florida, the expansion of available carriers is a positive development for homeowners and prospective buyers alike.

Work With Timothy

With eight years of full-time residential real estate experience in the Naples, Bonita Springs, and Estero markets, Tim has developed an intimate understanding of what drives housing decisions in one of America's fastest-growing regions.