Praxis Insurance
Praxis Reciprocal Exchange is a Florida based property insurer. The people it insures own it. OIR licensed it in Sept 2025.
You can find it on our list of Florida home insurance companies. Its Florida company code is 91260 and its NAIC number is 17835.
Taking new policiesChecked Oct 19 Home
Is Praxis leaving Florida? No. OIR licensed Praxis Reciprocal Exchange in September 2025. It had 18,418 Florida residential policies on July 31, 2026, and named a new CEO in July 2026. As of Oct 19, 2026. Source: praxisinsures.com.
New policies
Taking new policies
As of Oct 19, 2026
Policies in force
18,418
Jul 31, 2026, OIR
Latest rate change
Not available
No rate change on file
Financial strength
A (Exceptional)
From Demotech, as of Oct 20, 2026
Complaints
Not available
NAIC
Near you
Can I get a policy?
We're still gathering this company's rules. Call and we'll check for you.
Did your Praxis renewal go up?
You have two choices. One 5 minute call covers both.
Before you call, see the Florida home insurance renewal checklist.
Get a free look at your Praxis renewal
Send us your renewal page. We tell you what changed.
- Snap a photo of your renewal page, or save it as a PDF.
- A licensed agent reads it. We check your price, your deductible and your coverage.
- You get a call back with what we found. It is free.
Shop your renewal in one call
One call. A licensed agent shops other companies for you, free.
What's changed recently
-
Praxis named Ross Bowie as its CEO. Its release says he is a veteran Florida property insurance executive. He will lead with Jennifer Gravelle. She is the founding President.
-
Praxis gets its license from OIR
Florida OIR announced two new property insurers. They were Praxis Reciprocal Exchange and Stand. Praxis put out its own release on Sept 22, 2025. It called itself a new Florida property insurance carrier.
Rate history
No rate filings tracked yet.
1 years in Florida
In Florida since 2025. Has paid claims through 1 hurricane.
Compare Praxis side by side
| Praxis | State Farm | Universal Property | |
|---|---|---|---|
| New policies | Taking new policies Checked Oct 19, 2026 | Taking new policies Checked Oct 19, 2026 | Taking new policies Checked Oct 19, 2026 |
| Florida policies | 18,418 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 | Not available | 0.63 NAIC, 2025, nationwide, homeowners. 1.00 is average. | 2.63 NAIC, 2025, nationwide, homeowners. 1.00 is average. |
| Financial rating | A (Exceptional) Demotech, Oct 20, 2026 | A- (Excellent) AM Best | A Demotech, Oct 7, 2026 |
| In Florida since | 2025 | 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 Praxis
Is Praxis leaving Florida?No.
Praxis is a new Florida insurer, not one pulling out. OIR announced its license on September 18, 2025. OIR data show it had 18,418 Florida residential policies on July 31, 2026. In July 2026 Praxis named Ross Bowie, a veteran Florida property insurance executive, as its CEO.
Who owns Praxis?Praxis is a reciprocal exchange.
Under Florida law, a reciprocal is an exchange among its policyholders. They are called subscribers. It is run through a manager called an attorney in fact. Ross Bowie became CEO of Praxis in July 2026. He leads with founding President Jennifer Gravelle.
Source: Praxis release July 27, 2026; Florida Statutes chapter 629
Is Praxis admitted in Florida?Yes, it is.
OIR licensed Praxis Reciprocal Exchange in Sept 2025. It is a new property insurer here. Home insurers that hold a Florida license are members of the Florida Insurance Guaranty Association.
Source: OIR news release Sept 18, 2025
Is Praxis the same as Citizens?No.
Citizens is the state backed insurer. Praxis is a private reciprocal insurer. Its site has a Citizens transition page. It is for people whose Citizens policy is moving to Praxis.
Source: Praxis Citizens Transition page (search result title), October 10, 2026
What is the Praxis claims phone number?Call 833-937-7272 for a new claim.
For a claim already filed, call 877-774-7644. Praxis lists emergency claims service 24/7. Customer service is 844-677-2947, weekdays 8 a.m. to 6 p.m.
Praxis reviews and complaints: what the public data shows
Praxis rating
- Complaints
- Not available
- Years in Florida
- Since 2025 (1 years)
- Regulatory actions
- Not available
No star ratings and no user reviews, only public data.