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In 2015, FedNat Homeowners Insurance founded a subsidiary, Monarch National. Monarch offers homeowners and condo insurance exclusively within their home state of Florida.

While Monarch has only been established since 2015, FedNat has been around since 1992 and is one of the older home insurance companies in Florida. A true testament to their ability to understand and price risk in a complicated Florida market.

Here’s everything you need to know about Monarch National insurance:

What’s protected with Monarch National insurance?

Monarch National offers complete open-peril homeowners insurance (HO-3) and condominium insurance (HO-6). They offer three tiers of packaged add-ons: Bronze, Silver, and Gold that can fit any budget. The Monarch packages are an excellent option for those looking for comprehensive protection in the Florida property market.

Bronze Package

  • Increased Personal Property – 50%
  • Personal Property Loss Settlement – Replacement Cost
  • Jewelry and Furs Special Limits – $2,500
  • Silverware Special Limits – $2,500
  • Business Property Increased Limits – $2,500
  • Credit Card Fraud – $2,500
  • Refrigerated Personal Property – $500
  • Water Backup and Sump Pump Overflow – $5,000
  • Personal Liability – $300,000
  • Medical Payments – $5,000

Silver Package

  • Increased Personal Property – 60%
  • Personal Property Loss Settlement – Replacement Cost
  • Jewelry and Furs Special Limits – $2,500
  • Silverware Special Limits – $2,500
  • Business Property Increased Limits – $5,000
  • Credit Card Fraud – $5,000
  • Refrigerated Personal Property – $500
  • Water Backup and Sump Pump Overflow – $5,000
  • Personal Liability – $300,000
  • Medical Payments – $5,000

Gold Package

  • Increased Personal Property – 70%
  • Personal Property Loss Settlement – Replacement Cost
  • Jewelry and Furs Special Limits – $5,000
  • Silverware Special Limits – $5,000
  • Business Property Increased Limits – $10,000
  • Credit Card Fraud – $10,000
  • Refrigerated Personal Property – $500
  • Water Backup and Sump Pump Overflow – $5,000
  • Special Personal Property Coverage
  • Personal Liability – $500,000
  • Medical Payments – $5,000
  • Identity Fraud Coverage
  • Dog Liability Coverage


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  • Top-rated carriers — Choose from a mix of highly reputable national and regional home insurance carriers.
  • Data privacy — We don’t sell your information to third parties, and you won’t receive any spam phone calls from us.

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Monarch National details and reviews

Monarch National Insurance Company aims to provide competitive premiums, exceptional customer service, and desirable claims handling.

The Better Business Bureau (BBB) certified Monarch National way back in its first year of business. Since then, Monarch has consistently maintained an A+ rating. There are no BBB customer complaints entered on Monarch’s profile page.

Monarch also has an A (Exceptional) Financial Stability Ratings from Demotech.

Monarch’s published financial summaries show a recent drop in net premiums and net assets over the last three years, as FedNat has been retooling the underwriting model to rebuild the policyholder surplus. Perhaps the high number of recent hurricanes and tropical storms making land is the reason for Monarch’s recent slump.

Finally, Monarch customers do have the ability to access policy information, pay premiums, review claims, and find an insurance agent all online via the FedNat website.

Filing a claim with Monarch National

Monarch National accepts new property claims day or night, all year long. Clients can:

  • File a claim online
  • Call the claims hotline: 800-293-2532
Good to know: Filing a claim by phone may be a bit slower since you’ll have to follow a series of prompts to reach the right department.

Early on, Monarch had minimal claims complaints, but in 2019, it was assigned a 15.66 complaint ratio (1.00 was average).

Where is Monarch National available?

Monarch National provides coverage exclusively in the state of Florida.

Final thoughts

Monarch National is a newer property carrier with a focus on the Florida market. While Monarch is a new entrant, it is guided by the same experienced team in charge of FedNat’s many successes. Monarch National Insurance Company aims to provide competitive premiums, exceptional customer service, and desirable claims handling.


Need home insurance?
The Credible marketplace, which includes insurance services by Young Alfred, makes it easy to find a carrier and policy that’s right for you.

  • Fully online — Fill out all insurance forms online and buy homeowners coverage without ever picking up the phone. If you have any questions, Young Alfred offers 24/7 customer service.
  • Save time, money, and effort — Compare quotes from highly rated home insurance carriers in your area. It’s fast and easy.
  • Data privacy — Your information is kept safe and secure. We don’t sell your information to third parties, and you won’t get any spam phone calls from us.

Get Insurance Quotes Now

Disclaimer: All insurance-related services are offered through Young Alfred.

About the author
Credible Staff
Credible Staff

The goal of the Credible editorial writers and staff is to help our readers get up to speed on issues surrounding student loans, mortgage, and personal finance, so you can make informed decisions. We’re here to help you stay on top of the latest news, trends, concepts, and changes in policy and regulations.

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