Edison Insurance in Florida
Edison Insurance Company — the Boca Raton-based Florida homeowners insurer — has been writing Florida homes since 2006, and it holds the state’s #16 residential policy count with more than 147,000 policies in force (Florida OIR data, May 2026). The book is built deliberately around two products: homeowners and condo unit-owners. It shares a parent company and a headquarters city with Florida Peninsula, and this page sorts the family out plainly — the company’s two-beginnings story, its rating, the two policies it writes, and the way to put its number for your home on one sheet beside 20+ other Florida homeowners carriers.
Edison at a glance
Carrier ratings verified directly with each rating agency.
Two beginnings: St. Petersburg in 2006, Boca Raton since 2010
Edison wrote its first Florida policies in 2006 from St. Petersburg — a startup insurer entering the market in the years right after the 2004 and 2005 hurricane seasons. The beginning that matters more to anyone holding its paper today came four years later: in January 2010, Florida Peninsula’s holding company acquired Edison and brought it into the Boca Raton group whose flagship carrier had been writing Florida homes since 2005.
What happened next sits in the state’s own examination reports, and it deserves telling straight. At the start of 2012, Edison paused new business — renewals rolled onto Florida Peninsula’s paper while Edison ran off its remaining claims. In September 2014, the Florida Office of Insurance Regulation approved its return; the parent recapitalized it with $16 million; and Edison resumed writing at the end of 2014 as the group’s second homeowners carrier. A deliberate pause, a regulator’s signature, fresh capital — that is the whole shape of the reset, and the examinations that followed, covering the years through 2017 and through 2022, both closed with no significant findings.
The second life is the one you can measure. Florida OIR’s May 2026 market data counts more than 147,000 Edison policies in force — the #16 residential insurer statewide — with nearly $96 billion in insured home value behind them. And the company runs that book on a deliberately short product list: homeowners policies make up about 84% of it, condo unit-owners policies the rest. Two products, priced and serviced as the entire business.
One Boca Raton group, three insurers — and which one holds your policy
Start with the relationship the regulator records: Edison Insurance Company is a wholly owned subsidiary of Florida Peninsula Insurance Company — part of the same Boca Raton group, under the family’s holding company. A third carrier, Ovation Home Insurance Exchange, is a reciprocal insurer the group launched in 2024. Each of the three is a separate insurer with its own filings, its own forms, and its own rates. Your policy is with exactly one of them, and the insurer named on your declarations page is the answer to which.
Day to day, all three are run by Windward Risk Managers — the group’s management company, not a parent — and the group makes a continuity claim worth passing along as theirs: the same team has serviced Florida Peninsula and Edison policyholders for 20 years. Edison’s chief executive is Paul Adkins.
The parent relationship has shown up where a policyholder would want it to: in capital. State examination reports record $50.8 million of new capital paid into Edison between 2018 and 2022, and Edison’s surplus nearly tripled across those five years. Combined, the three carriers in the group serve more than 418,000 Florida policies — useful context for the family; every figure elsewhere on this page belongs to Edison alone.
Early to online quoting — and still built around agents
In 2016, Edison put homeowners quoting online and called itself the first in Florida to offer homeowners quotes that way — its claim, and an early move for this market either way. The more telling numbers came from the same announcement: by the company’s own survey, 85% of its policyholders prefer buying through a licensed agent, and Edison requires its partner agents to reach a new prospect within 24 hours of an online quote. A carrier that built the technology and still runs its business through 2,200 independent agents — its own count — has told you where it believes the value sits.
We’d put it the same way, with one upgrade: the agent shouldn’t arrive representing only one answer. One entry with our agency prices your home with Edison and 20+ other Florida homeowners carriers at once, and the licensed Florida agent reading the results with you works for you rather than for any single carrier.
Edison’s financial rating, in plain terms
Edison’s Financial Stability Rating from Demotech is A (Exceptional), affirmed in June 2026 — and its parent, Florida Peninsula, holds the same grade, affirmed the same month. We verify the rating on Demotech’s own published pages, not from a badge on a carrier website.
An AM Best rating is not part of the picture here, and that deserves explanation rather than a raised eyebrow: AM Best built its method around companies whose premium spreads over dozens of states. A Florida homeowners specialist concentrates everything in one hurricane-tested market — and Demotech’s Financial Stability Ratings exist precisely to evaluate that concentration, which is why Demotech grades most of the carriers on any Florida quote sheet. The checklist that never changes: the agency behind the grade, the grade itself, and the date it was last affirmed — three answers you get from us for every carrier we compare. Our guide to Florida home insurance financial strength ratings maps the whole landscape — Demotech, KBRA, and AM Best, each explained.
Edison is an admitted Florida insurer, which brings one more layer with it: the Florida Insurance Guaranty Association, the protection Florida law builds behind every admitted carrier.
The two policies Edison writes — and the ones on its parent’s paper
Edison’s product decision is easy to state: two policy forms, written across the state.
- Homeowners (HO-3) — about 84% of the book (Florida OIR policy-type data, May 2026), the policy Edison was relaunched to write.
- Condo unit-owners (HO-6) — roughly one policy in six on the book, designed for the unit owner’s side of the building — interior finishes, contents, liability, loss assessment — each subject to the policy’s own terms, alongside the association’s master policy.
- Optional endorsement packages and add-ons — Edison brands its packages Plus, Gold, and Platinum, with options such as identity-theft, equipment-breakdown, and service-line coverage; which of them fits a given home is a policy-by-policy conversation.
Just as useful is what Edison deliberately leaves to its parent. Renters (HO-4) and landlord (DP-3) policies in this family belong to Florida Peninsula — so if that’s the coverage you came shopping for, we quote you onto the right company’s paper, not just the right brand.
And no Edison policy is a flood policy. Flood coverage always travels on its own policy, through the NFIP or a private flood market, and for a Florida home the decision is the amount: every home needs a flood number chosen deliberately, priced off the property’s own facts — distance to a flooding source, the cost to rebuild, elevation. We put a flood quote beside every Edison home quote so both answers land on the same sheet.
The rate arc: a public hearing, then announced decreases
Edison’s rate history traces the Florida market’s whole arc. In the years before the state’s legal reforms, its rates climbed steeply — steeply enough that in 2019 Edison became the first Florida carrier taken through the Office of Insurance Regulation’s public rate-hearing process, a proposed increase argued in the open, on the record. That chapter belongs to the pre-reform market, and it reads very differently from the one after it.
Because the direction changed. In June 2026, Edison announced rate decreases on both of its products — 10% on HO-3 homeowners and 10.5% on HO-6 condo, figures from the company’s own announcement — taking effect that July for new business and renewals alike. Edison’s CEO, Paul Adkins, credited the state’s legislative reforms, and attached the caveat that keeps any rate headline honest: individual renewal premiums still vary with property location, roof age, claims history, and other factors.
The mechanism behind his caveat is worth one more sentence. An announced decrease describes the book; your renewal describes your house — the inflation adjustment on the Coverage A rebuild limit moves it, the roof age in your documents moves it, endorsements added or dropped move it, and every carrier weighs those inputs on its own scale. Our guide to why Florida home insurance premiums move goes driver by driver — and a renewal review, worked through with your agent, matches those drivers to your own declarations page before you pay the number.
Irma, Ian, Helene, Milton — operating straight through
Edison has operated through Hurricane Irma in 2017, Ian in 2022, and the double-landfall season of Helene and Milton in 2024 — with the book intact each time. One exam-verified detail stands out: Edison finished 2022, the Ian year, with positive statutory net income, still writing new business as that storm year closed. The writing has kept up since — Florida OIR’s May 2026 data shows Edison adding roughly 2,000 new policies in a single month across its two products.
Behind the storm seasons sits a reinsurance structure the state’s examiners describe plainly: Edison and its parent buy catastrophe protection as one program covering the whole group, with shared retention and limits, and with the Florida Hurricane Catastrophe Fund participating. By the company’s own description, the program is sized for a 100-year storm, including multiple storms in a single season.
When you need the machinery: claims go in at 866-568-8922, and Edison staffs a separate Water Hotline — 888-683-7971 — for water losses, the claim family Florida homes file most. The service standards are the company’s own, stated as such: contact within 24 to 48 hours of a reported loss, and 95% of claims closed inside 60 days. Report the loss to the carrier directly — those service standards start with Edison’s own intake. Coverage in any specific loss comes down to the policy’s own wording, and the time to go through that wording with your agent is before a storm: deductibles, limits, endorsements — call or text 813.920.8181 and have that conversation early.
Back to the private market early — the Citizens takeout record
Florida’s depopulation program moves policies out of Citizens, the state’s insurer of last resort, and back to private carriers — and Edison’s part in it started notably early. Its first takeout proposal went to regulators in August 2022, before Hurricane Ian reached Florida, and the state’s approval was signed that September — putting Edison among the first private carriers back at the table in the program’s modern era, with its first policies assumed that December.
Six more approvals followed into early 2024 — seven rounds in all, with authority to assume roughly 31,000 Citizens policies. Citizens’ own statistics show what Edison did with that authority: about 8,000 policies assumed across 2022–2024. The gap is the story. An approval is a ceiling, not a commitment, and Edison took the files that fit its underwriting rather than the maximum the orders allowed. After the March 2024 round it stepped back, and Citizens’ published statistics record no Edison assumptions in the rounds since.
If one of those rounds is how your policy arrived at Edison, the letter-and-deadline mechanics — the 20% eligibility rule, the choice window, why an assumption is final — have a page of their own: our guide to Citizens takeout offers. The part that stays simple is the renewal: measure the policy against 20+ Florida homeowners carriers each year, and let the comparison say whether Edison keeps the business.
Two ways to use this page
Already an Edison policyholder?
Then you hold paper from a rated, parent-backed Florida specialist — and a renewal check belongs on your calendar anyway, because discounts, roof documentation, and coverage updates change nothing until the policy carries them. Send your policy over Canopy Connect — a secure link that delivers your declarations page to us directly, nothing retyped — and working with your agent, see how your coverage, your credits, and your price read against the wider market.
Shopping and seeing Edison quoted?
That’s a reasonable place to be: an appetite focused on HO-3 and HO-6 means that when Edison shows up for your home, yours is squarely the kind of risk it prices every day. What a single quote can’t show is position. One entry with us returns Edison’s number in a column with 20+ other Florida homeowners carriers, each carrier answering the same set of facts about your home, and a licensed Florida agent reads the sheet with you before anything gets signed.
Edison Insurance: your questions, answered
Who owns Edison Insurance Company — and is it a legitimate Florida insurer?
Edison Insurance Company is a Boca Raton-based Florida homeowners insurer, writing in the state since 2006, and it is a wholly owned subsidiary of Florida Peninsula Insurance Company under the group’s holding company. It is an admitted carrier in Florida, holding Demotech’s A (Exceptional) rating affirmed June 2026, and Florida OIR market data (May 2026) shows more than 147,000 Edison policies in force — the #16 residential insurer statewide. As with every admitted Florida insurer, the Florida Insurance Guaranty Association stands with its policyholders.
Edison vs Florida Peninsula — which company am I actually with?
Check the insurer named on your declarations page — that name, and only that name, is your insurance company. Edison and Florida Peninsula are separate insurers in one family: Florida Peninsula is Edison’s parent, both share the Boca Raton headquarters, and Windward Risk Managers — the group’s management company — runs day-to-day operations across the family. Each insurer files its own rates, forms, and products with the state. The product split is the practical difference for shoppers: Edison writes homeowners (HO-3) and condo unit-owners (HO-6) only, while renters and landlord policies in this family are Florida Peninsula products.
How is Edison Insurance rated?
Demotech assigns Edison a Financial Stability Rating of A (Exceptional), affirmed in June 2026 — and Edison’s parent, Florida Peninsula, carries the same grade. There is no AM Best rating, which reads as ordinary here: the rater most Florida homeowners specialists engage is Demotech, whose Financial Stability Ratings were developed for insurers concentrated in a single hurricane-exposed market — the very thing a national, multi-state rating model was never aimed at. Whatever the carrier, collect the same three answers: the agency behind the grade, the grade itself, and the date it was last affirmed. Those three come with every carrier we compare for you.
Did Edison lower its rates — and why can my renewal still move differently?
In June 2026, Edison announced decreases on both of its products — 10% on HO-3 homeowners and 10.5% on HO-6 condo, figures from the company’s own announcement — taking effect that July. CEO Paul Adkins added the honest footnote: individual renewal premiums still vary with property location, roof age, claims history, and other factors. On that last factor, one clarification of ours: a prior claim doesn’t raise property rates by itself — it can narrow which carriers a home is eligible with, and the claims-free discount, typically 2–10%, goes with it. Working with your agent, a renewal review connects the announced direction to your own declarations page before you pay the number.
Citizens moved my policy to Edison — can I go back to Citizens?
Your policy came over in one of Edison’s takeout rounds — Florida OIR approved seven of them between 2022 and 2024, and Citizens’ statistics show Edison assumed about 8,000 policies in that span. An assumption is final; the return window that once existed in the program is gone, so the road back is a new application to Citizens, judged by the eligibility rules in force on the day you apply — including how any private offers on the table then price against Citizens. The productive move is at renewal: working with your agent, line the Edison policy up against 20+ Florida homeowners carriers and choose from the full field.
How do I file an Edison Insurance claim?
Edison takes claims at 866-568-8922 and runs a dedicated Water Hotline at 888-683-7971 for water losses — a number worth saving, since water damage sits among the most common claims Florida homes file. Its service standards, stated as the company’s own: contact within 24 to 48 hours of a reported loss, and 95% of claims closed inside 60 days. Report the loss to the carrier directly — Edison’s claims intake is what starts its 24-to-48-hour contact clock. Your agent’s part belongs to the quieter weeks: coverage questions, deductible math, endorsement decisions — 813.920.8181, call or text, any time before you ever need the claims line. Coverage in any specific loss comes down to the policy’s own wording, so walking through yours together belongs at the start of the claim, not the end.
Does Edison sell flood insurance?
No — Edison writes homeowners and condo policies, and flood coverage always travels on a separate policy, through the NFIP or a private flood market. For a Florida home the flood decision is the amount: every home needs a flood number chosen deliberately, and its price is driven by the property’s own facts — how far the home sits from a flooding source, what rebuilding would cost, and its elevation — far more than by the flood zone on a map. With your home quote already in motion, we price the flood policy beside it, so both answers arrive on one sheet.
Does Edison write condo insurance — and how does an HO-6 work with the master policy?
Condo unit-owners (HO-6) coverage is one of Edison’s two products — roughly one policy in six on its book is a condo policy (Florida OIR data, May 2026). An HO-6 is designed for the unit owner’s side of the building — interior finishes, contents, liability, loss assessment — each subject to the policy’s own terms, while the association’s master policy insures the building under its own. The pre-quote step that pays off belongs to you as the owner: request the master policy’s certificate from your association and see what it insures — then, working with your agent, your HO-6 quote gets built around that document instead of an assumption.
