Your Florida Home Insurance: 100K Policy Shift Results

Nearly 100,000 Florida homeowners switched insurers without choosing to. American Integrity Insurance Group reported strong Q3 2025 results after absorbing policies from Citizens Property Insurance, Florida’s state-backed insurer of last resort. If your policy transferred, here’s what the numbers reveal about your coverage and premiums.

The Tampa-based insurer earned $183.6 million in net premiums during Q3 2025, up from $120.3 million a year earlier. That 53% jump came largely from taking over Citizens policies—7,087 policies in November alone, averaging $3,640 per policy in annual premium.

But what does this mass policy migration mean for your wallet?

Why 100K Florida Homeowners Got New Insurance (Without Asking)

Citizens Insurance exists as Florida’s insurer of last resort. When private companies won’t write your policy, Citizens steps in. The problem? Too many policies in Citizens concentrates catastrophic risk in state hands, putting taxpayers on the hook after major hurricanes.

Florida’s solution: “take-out” programs that transfer Citizens policies to private insurers like American Integrity. Throughout 2024-2025, the company absorbed roughly 100,000 such policies.

Three factors drove this shift:

• Legislative reforms passed in 2023-2024 reduced litigation costs and fraud, making Florida property insurance more profitable for private carriers willing to write policies again.
• Benign catastrophe environment in Q3 2025 meant no major hurricanes hit Florida, keeping claims lower than historical averages and encouraging insurer participation.
• Citizens’ intentional downsizing strategy moves policies to the private market whenever qualified insurers emerge, reducing state exposure and theoretically stabilizing long-term rates.

Robert Ritchie, American Integrity’s CEO, noted: “Legislative reform in Florida continues to have a profound and positive impact, contributing to stability in non-catastrophe loss frequency and severity.”

Translation: Fewer frivolous lawsuits and claims = lower costs = more insurers willing to write Florida property policies.

The $3,640 Average Premium: Is Your Policy Higher or Lower?

American Integrity’s November 2025 Citizens transfers averaged $3,640 per policy. Where does your premium fall?

Coverage Tier	Typical Annual Premium	What You Get
Basic (Older Homes)	$2,800–$3,200	Minimal wind coverage, higher deductibles
Standard (Mid-Range)	$3,400-$4,000	Standard wind/hail, replacement cost coverage
Enhanced (Newer/Coastal)	$4,500–$6,500+	Lower deductibles, higher limits, coastal wind

The $3,640 average sits squarely in the standard tier. If your transferred policy costs significantly more, you might be paying for coastal proximity, older construction, or claims history.

Check your policy documents for:

• Wind/hail deductible percentage (typically 2-10% of dwelling coverage—a $300,000 home with 5% deductible means you pay the first $15,000 of hurricane damage).
• Replacement cost vs. actual cash value coverage (replacement cost pays to rebuild; actual cash value deducts depreciation, leaving you short on major repairs).
• Excluded perils like flood (requires separate NFIP or private flood policy) or sinkhole coverage (often optional add-on in Florida).

One transferred policyholder told the Tampa Bay Times her premium stayed roughly the same post-transfer, but her wind deductible jumped from 2% to 5%—a hidden cost increase of thousands in out-of-pocket exposure.

Florida Legislative Reforms: What Changed (And Why It Matters to You)

Florida passed sweeping property insurance reforms in 2023. The results now show in American Integrity’s Q3 2025 numbers.

Key changes impacting your coverage:

• Roof claim restrictions now limit full roof replacement claims for roofs over 15 years old unless damage exceeds specific thresholds, reducing insurer payouts on aging roofs and theoretically lowering premiums for newer homes.
• Attorney fee caps in insurance disputes cut litigation costs that previously inflated premiums by 10-15% statewide, according to NAIC research.
• Assignment of Benefits (AOB) reforms prevent contractors from filing claims on your behalf without your active involvement, reducing fraud and inflated repair billing that drove up everyone’s rates.

The trade-off? Fewer lawsuits means lower premiums, but also means you face higher hurdles disputing claim denials. You’ll need detailed documentation and possibly legal help for complex disputes.

Ritchie’s comment about “stability in non-catastrophe loss frequency and severity” reflects these reforms working as intended. American Integrity reported “improved underwriting performance” in Q3 2025 partly due to reduced claims volatility outside major storm events.

Should You Stay with American Integrity or Shop Around?

Your policy transferred automatically. Should you keep it or explore alternatives?

Consider shopping if:

• Your premium exceeds $4,500 for a standard home (not coastal, built post-2000). You might find better rates from competitors like Universal Property & Casualty or TypTap Insurance now entering Florida’s stabilizing market.
• Your deductible jumped post-transfer. Compare the premium savings versus higher out-of-pocket risk. A $500 annual premium cut might not offset a $10,000 deductible increase if hurricanes hit.
• You’ve made home improvements (new roof, hurricane shutters, impact windows) since your last Citizens policy update. These upgrades can qualify you for 10-40% discounts with various insurers.

Reasons to stay put:

• American Integrity specializes in Florida property risk with 20+ years operating in the state. They understand local exposures better than national carriers dipping into Florida opportunistically.
• Financial stability matters. The company’s Q3 results show solid capital backing—important if a Category 4 hurricane tests insurer solvency next season.
• Citizens take-out policies often include rate guarantees for 12-24 months post-transfer. Check your policy documents for any premium stability commitments.

Get quotes from at least three insurers annually, especially before renewal. Florida’s property insurance market remains volatile despite recent improvements.

The Climate Risk Wildcard Nobody Talks About

American Integrity’s Q3 success came with a caveat buried in their earnings report: “Changing climate conditions may increase the severity and frequency of catastrophic events…the severity and frequency of catastrophe events are unpredictable.”

Translation: Q3 2025 had zero major hurricanes. That won’t last forever.

Recent data shows troubling trends:

• Hurricane rapid intensification events increased 50% over the past decade, according to NOAA research. Storms now reach major hurricane status faster, giving residents and insurers less preparation time.
• Florida Population Growth added 1.3 million residents since 2020, putting more property value at risk in hurricane-prone coastal zones where 75% of Florida’s population lives within 10 miles of the coast.
• Construction costs surged 30-40% post-pandemic, meaning the same coverage that rebuilt your home for $300,000 in 2020 might require $400,000+ today—yet many policies haven’t updated dwelling limits accordingly.

Ritchie acknowledged the “benign catastrophe environment” helped Q3 results. When the next major hurricane makes landfall, expect premium increases across Florida regardless of insurer.

Protect yourself now:

• Review your dwelling coverage limit annually. Inflation and construction costs mean you’re likely underinsured by 15-30% if you haven’t updated limits since 2020.
• Add flood insurance immediately if you don’t have it. Standard homeowners policies exclude flood damage—the costliest hurricane peril for most homeowners. FEMA’s National Flood Insurance Program offers policies starting around $500 annually for low-risk zones.
• Document your property with photos/video showing current condition and belongings. Post-hurricane claims move faster with visual proof of pre-loss condition.