Hippo (Spinnaker) Insurance
Hippo (Spinnaker) sells home insurance for new homes in Florida. Spinnaker backs the policies. Other buyers in the state are paired with partner carriers.
You can find it on our list of Florida home insurance companies. Its Florida company code is 31504 and its NAIC number is 24376.
Taking some new policiesChecked Oct 19 Home
Is Hippo leaving Florida? No. Its own Florida home policies are for new homes and go through builders. That channel has been open since October 2024. Hippo's agency matches other Florida shoppers with partner carriers. As of Oct 19, 2026. Source: placera.se.
New policies
Taking some new policies
As of Oct 19, 2026
Policies in force
80,086
Jul 31, 2026, OIR
Latest rate change
Not available
No rate change on file
Financial strength
A- (Excellent)
From AM Best
Complaints
1.92
NAIC index, 2025. 1.00 is average.
Near you
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What's changed recently
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Hippo to grow homeowners program from 8 to 22 states
Hippo said it will add 14 states in the fourth quarter of 2026 through national distribution partners. Florida was not on the list of new states, and Hippo did not name its current 8 states.
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AM Best affirms Spinnaker group at A- (Excellent)
AM Best affirmed Spinnaker's A- Financial Strength Rating and a- issuer credit rating. This covers its reinsured subsidiaries too. The outlook is stable. AM Best cited Hippo capital support and 2025 surplus notes.
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Hippo extends new homes program to Florida
Hippo added Florida, California and Texas to its new construction homeowners program. It is sold through builder partners. Hippo said this would open insurance to almost 50,000 more new homes in the three states.
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Hippo sells Mainsail to Emerald Bay
Hippo agreed to sell Mainsail Insurance Company to Emerald Bay Risk Solutions. It was a Spinnaker unit. OIR had approved it to write in Florida in November 2023. Hippo later reported $26.6 million cash from the sale.
Rate history
No rate filings tracked yet.
2 years in Florida
In Florida since 2024. Has paid claims through 4 hurricanes.
Compare Hippo (Spinnaker) side by side
| Hippo (Spinnaker) | State Farm | Universal Property | |
|---|---|---|---|
| New policies | Taking some new policies Checked Oct 19, 2026 | Taking new policies Checked Oct 19, 2026 | Taking new policies Checked Oct 19, 2026 |
| Florida policies | 80,086 Florida OIR, Jul 31, 2026 | 654,641 Florida OIR, Jul 31, 2026 | 594,182 Florida OIR, Jul 31, 2026 |
| Latest rate change | Not available | +0.8% Home, from Jan 15, 2026 | −5.1% Home, from Oct 16, 2025 |
| Complaint index | 1.92 NAIC, 2025, nationwide, homeowners. 1.00 is average. | 0.63 NAIC, 2025, nationwide, homeowners. 1.00 is average. | 2.63 NAIC, 2025, nationwide, homeowners. 1.00 is average. |
| Financial rating | A- (Excellent) AM Best | A- (Excellent) AM Best | A Demotech, Oct 7, 2026 |
| In Florida since | 2024 | 1934 | 1997 |
People also compare with
- State Farm Taking new policies
State Farm sells home, condo, renters and auto policies in Florida. It uses its own agents. Home policies come from State Farm Florida, a Florida only firm.
- Universal Property Taking new policies
Universal Property is a Fort Lauderdale company. It has insured Florida homes since 1997. It is now the second largest home insurer in Florida, sold by agents.
- Slide Taking new policies
Slide is a Tampa home insurer founded in 2021. It grew fast by taking on policies from Citizens, UPC, St. Johns and Farmers customers in Florida.
- Tower Hill Taking new policies
Tower Hill is a Gainesville insurer. It has covered Florida homes since 1972. New policies come from the Tower Hill Insurance Exchange. Its members own it.
- American Integrity Taking new policies
American Integrity is a Tampa home insurer started in 2006. Now the 5th largest home insurer in Florida, with 423,783 policies on July 31, 2026, per OIR.
Questions people ask about Hippo (Spinnaker)
Is Hippo leaving Florida?No.
Hippo's own Florida home policies are sold through its new construction builder channel. It extended that channel to Florida in October 2024. In August 2026 Hippo said it is selectively growing its homeowners program again. Florida was not among the 14 new states it named.
Source: Hippo press release, August 27, 2026; The Insurer, October 4, 2024
What is the Hippo claims phone number?Call 855-999-9746.
Hippo says the claims line is open 24/7. You can also start a claim in the Hippo Home app or the Hippo Portal. If your policy was placed with a partner carrier, you file with that carrier, and Hippo support at 800-585-0705 can help you find it.
Source: Hippo contact page and claim page, read October 10, 2026
Is Hippo a good company?Public data only: Spinnaker Insurance Company is the carrier behind Hippo policies.
It holds an AM Best Financial Strength Rating of A- (Excellent) with a stable outlook. AM Best affirmed it January 28, 2026. It is admitted in all 50 states. Its parent, Hippo Holdings, trades on the NYSE and files public financials.
Source: AM Best release via Business Wire, January 28, 2026; Spinnaker statutory information page
Who owns Hippo?Hippo Holdings Inc. Its stock trades on the NYSE under HIPO.
It bought Spinnaker Insurance Company on August 31, 2020. It also owns Spinnaker Specialty Insurance Company. It owns Wingsail Insurance Company too. And it owns the agency, Hippo Insurance Services.
Source: AM Best release, January 28, 2026; PIA blog, November 30, 2023
Is Hippo admitted in Florida?Yes.
Spinnaker Insurance Company is based in Illinois. It is admitted in all 50 states and DC. That list includes Florida. Its sister, Wingsail Insurance Company, is admitted here too. Spinnaker Specialty Insurance Company is not. It is a surplus lines company.
Source: Spinnaker Insurance Group statutory information page, read October 10, 2026
Is Hippo the same as Spinnaker?They are in the same group, but each has its own role.
Hippo Insurance Services is the agency. It sells and services Hippo policies. Spinnaker Insurance Company is the licensed insurer. It issues the policies. Spinnaker also issues policies for other brands it works with. So not every Spinnaker policy is a Hippo policy.
Source: Spinnaker Insurance Group home page and Hippo contact page, read October 10, 2026
Hippo (Spinnaker) reviews and complaints: what the public data shows
Hippo (Spinnaker) rating
- Complaints
- 1.92 on the NAIC complaint index 1.00 is average. Higher means more complaints for its size. NAIC, 2025, nationwide, homeowners. As of Oct 16, 2026.
- Years in Florida
- Since 2024 (2 years)
- Regulatory actions
- Not available
No star ratings and no user reviews, only public data.