--- title: "Major Storms: Which Florida Homeowners Insurance Companies are at Risk" description: Find out if Florida homeowners are at risk if a major storm were to hit Florida again, and what this means for independent insurance agents. image: https://blog.southernoak.com/hubfs/hand_house_small.jpg --- [![Florida Homeowners Insurance - Southern Oak Insurance](https://blog.southernoak.com/hs-fs/file-1316105448-png/layout/logo.png)](http://southernoakins.com) [![](https://blog.southernoak.com/hs-fs/file-1316105483-png/layout/btn_agent_login.png)](https://soi.policyport.com/wps/portal/soiagent/!ut/p/c4/04_SB8K8xLLM9MSSzPy8xBz9CP0os3hnd0cPE3MfAwODQBMjAyM3Z29njwBfIwMLU_2CbEdFAMOiBOg!/) [![](https://blog.southernoak.com/hs-fs/file-1316105478-png/layout/btn_become_agent.png)](http://info.southernoakins.com/florida-homeowners-insurance-agency-appointment-request) [![Facebook](https://blog.southernoak.com/hs-fs/file-1321650047-png/layout/btn_facebook.png)](https://www.facebook.com/SouthernOakIns) [![Twitter](https://blog.southernoak.com/hs-fs/file-1321630027-png/layout/btn_twitter.png)](https://twitter.com/SouthernOakIns) [![LinkedIn](https://blog.southernoak.com/hs-fs/file-1321410970-png/layout/btn_linkedin.png)](http://www.linkedin.com/company/southern-oak-insurance-co) [![Demotech](http://southernoakins.com/wp-content/themes/SouthernInsurance/images/logo_demotech_header.png)](http://www.demotech.com/search_results_fsr.aspx?id=12247&t=2) Call us Today at 877.900.3971 - [Home](http://southernoak.com/) - [About](http://southernoak.com/about-us/) - [Meet the Team](http://southernoak.com/about-us/meet-the-team/) - [Safety Tips](http://southernoak.com/about-us/safety-tips/) - [Policyholder Blog](http://southernoak.com/policyholder-blog/) - [Community](http://southernoak.com/community/) - [Agent Blog](https://blog.southernoak.com) - [Family Emergency Plan](https://info.southernoak.com/free-family-emergency-plan) - [Home Inventory Checklist](https://info.southernoak.com/free-home-inventory-checklist) - [Watch Our Commercial](https://info.southernoak.com/florida_homeowners_insurance_commercial) - [Why Southern Oak?](http://southernoak.com/why-southern-oak/) - [Why More Families Choose Southern Oak](http://southernoak.com/why-more-families-choose-southern-oak/) - [Why More Agents Choose Southern Oak](http://southernoak.com/why-more-agents-choose-southern-oak/) - [Policy Types](http://southernoak.com/policy-types/) - [Homeowner’s Insurance](http://southernoak.com/policy-types/homeowners-insurance/) - [Renter’s Insurance](http://southernoak.com/policy-types/renters-insurance/) - [Rental Dwelling Property Insurance](http://southernoak.com/policy-types/rental-dwelling-property-insurance/) - [Condo Unit Owners Insurance](http://southernoak.com/policy-types/condo-owners-insurance/) - [Policy Add-Ons](http://southernoak.com/policy-types/policy-add-ons/) - [Contact](http://southernoak.com/contact-us/) - [Southern Oak Marketing](http://southernoakmarketing.com/) ![Florida Homeowners Insurance - Agent Blog](https://blog.southernoak.com/hs-fs/hub/356017/file-2495740847.png?width=694&name=file-2495740847.png "Florida Homeowners Insurance - Agent Blog") # [Major Storms: Which Florida Homeowners Insurance Companies are at Risk](https://blog.southernoak.com/resources-for-florida-homeowners-insurance-agents/11-years-with-no-big-storms-can-your-insurance-company-handle-it) Apr 22, 2015 8:25:00 AM | Posted by [The Southern Oak Team](https://blog.southernoak.com/resources-for-florida-homeowners-insurance-agents/author/the-southern-oak-team) | Category: [Agency Resources](https://blog.southernoak.com/resources-for-florida-homeowners-insurance-agents/topic/agency-resources) - [Tweet](https://twitter.com/share) Eleven years have passed since Florida suffered from the devastation of Hurricane Charley, the last really big hurricane to hit the state. This news might be a major relief, but according to an article in the [Washington Post](http://www.washingtonpost.com/blogs/capital-weather-gang/wp/2014/10/07/why-floridas-record-setting-hurricane-drought-portends-danger/), this just means that the state is overdue. Nobody wants to see another big hurricane destroy property and threaten safety, but it probably isn't realistic to assume that it won't happen just because it hasn't happened for over a decade. And most long-time Floridians know that these storms tend to strike in waves. In addition, the population and property value in the paths of potential storms has only increased since 2004. In fact, the state's population has grown by one million people since Wilma, a 2005 hurricane. This means that future storms have the potential to damage more property than previous ones. **Homeowners Insurance Florida: Preparing for the Big One** What this means for Florida homeowners is that it is vital for independent insurance agents to carefully shop for their clients' Florida homeowners insurance companies. In the break between storms, some insurers have returned to a risky practice of doing business with low surplus assets and reinsurance. Quality insurance companies prepare for storms even when the famous Florida sun shines.![hand_house_small](https://blog.southernoak.com/hs-fs/hubfs/hand_house_small.jpg?width=375&name=hand_house_small.jpg) These are some examples of quality Florida homeowners insurance companies to look for when quoting policies: - High Financial Stability Ratings® - A focus on surplus - Enough reinsurance to handle not just one major storm, but multiple major storms in the same year Southern Oak Insurance, a Florida homeowners insurance company, earned an "A, Exceptional" Financial Stability Rating® rating from Demotech, a major indicator of a company's solvency and ability to pay claims. The company's reinsurance provides $336 million for the first storm, additional coverage for multiple major storms, reinsurance from A-rated providers, and a design that product's policy owners' surplus.  [Read more about the imporant of Financial Stability Ratings® here](http://blog.southernoakins.com/how-financially-stable-is-your-homeowners-insurance-company).  Southern Oak has also partnered with USAA Homeowners Insurance to provide quality coverage, a high level of customer service, and financial stability to Florida homeowners. Most homeowners, renters, and landlords begin shopping for coverage by comparing premiums. Of course, one job of independent insurance agents is finding affordable premiums. However, saving a few dollars won't be a smart financial move if an insurance company doesn't have the stability and assets to keep their promises when the next big hurricane does hit the state.  [![Request Agency Appointment](https://no-cache.hubspot.com/cta/default/356017/1c521fe0-b68c-4c2d-8c1e-3e7f077262a6.png)](https://cta-redirect.hubspot.com/cta/redirect/356017/1c521fe0-b68c-4c2d-8c1e-3e7f077262a6) ### Subscribe to the Southern Oak Agent Blog [![Social Media Guide for Florida Homeowners Insurance Agents](https://no-cache.hubspot.com/cta/default/356017/59632204-44e7-44b7-a7eb-c8be60b0f468.png)](https://cta-redirect.hubspot.com/cta/redirect/356017/59632204-44e7-44b7-a7eb-c8be60b0f468) ### Recent Posts [![Florida Homeowners Insurance Southern Oak](https://blog.southernoak.com/hs-fs/file-1321925472-png/layout/logo_my_fla.png)](http://www.myflorida.com) [![Southern oak Insurance FEMA](https://blog.southernoak.com/hs-fs/file-1316380623-png/layout/logo_fema.png)](http://www.fema.gov) [![Best homeowners insurance](https://blog.southernoak.com/hs-fs/file-1316380628-png/layout/logo_fhcf.png)](http://www.sbafla.com/fhcf/) [![NOAA homeowners insurance florida](https://blog.southernoak.com/hs-fs/file-1316385688-png/layout/logo_noaa.png)](http://www.noaa.gov) [![home insurance florida southern oak insurance](https://blog.southernoak.com/hs-fs/file-1316385693-png/layout/logo_red_cross.png)](http://www.redcross.org/fl/jacksonville) [About Us](http://southernoakins.com/about-us/) | [Why Southern Oak?](http://southernoakins.com/why-southern-oak/) | [Policy Types](http://southernoakins.com/policy-types/) | [Community](http://southernoakins.com/community/) | [Contact Us](http://southernoakins.com/contact-us/) | [Privacy Policy](http://southernoakins.com/privacy-policy/) © Southern Oak Insurance Company 2014. 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