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If you’re in Florida and looking for homeowners insurance, Security First Insurance Company may be a good option. This company only focuses on protecting your property and has significant experience in all types of property insurance.

Before signing up for a policy, however, it helps to know what to expect.

Here’s everything you need to know about Security First Insurance Company:

What’s protected with Security First?

While homeowners insurance is Security First’s primary offering, they provide coverage for all kinds of living spaces. Let’s dive into each policy type to get an idea of what they can do for you.

Homeowners insurance

When building your policy, there are multiple options you can choose to ensure full-service protection. These sections are known as Coverage A through F.

  • Home coverage (A). Home coverage A is a standard homeowners insurance policy that protects the structure itself. Coverage amounts can be between $20,000 and $1,000,000. Security First also offers replacement cost value (RCV). RCV pays for the total construction cost of repairing the home based on current market prices. It is not the property’s real estate value, which includes the land the house sits on and other structures.
  • Other structures (B). If you have other detached buildings on your property, such as a gazebo, this category protects it. Coverage amounts are between 2% and 70% of Category A.
  • Contents (C). This section reimburses you for anything inside the home, such as your personal belongings. Coverage limits are zero to 75% of Category A (home). This section also provides RCV for all of your items. Although, there are sub-limits for specific types of belongings e.g., electronics).
  • Uninhabitable and additional living expenses (D). If your home becomes uninhabitable (e.g., due to a hurricane or flooding), this option provides additional living expenses (ALE). This money helps cover hotel and food costs while you’re away. Coverage limits are 10% of coverage A. Security First provides you with a debit card rather than a check.
  • Personal liability (E). If someone other than your family gets injured on your property, you’re responsible for paying any lawsuits that may occur. Coverage E covers these liabilities with limits between $100,000 to $500,000.
  • Medical coverage (F). This coverage is if someone requires medical assistance due to personal injury on your property. Security First will provide up to $5,000 to cover these expenses.

Security First Insurance offers additional coverage options to ensure that you don’t get stuck with a massive repair bill or other expenses. With homeowners insurance, you can also add:

  • Dog liability: Just in case Fido decides to see how your neighbor tastes.
  • Personal injury liability: This insurance coverage is different from Category E, which only protects against lawsuits.
  • Water backup and sump pump overflow: You may think flood and water backup coverage are the same thing, but they’re not.
  • Increased replacement cost: Security First’s standard homeowners policy only goes up to $1,000,000. But you can add additional coverage for the structure and personal belongings.
  • Scheduled personal property: This option allows you to protect high-end items like gold and jewelry for their replacement cost value (RCV). Best of all, adding this coverage does not increase your insurance rates too much.
  • Golf cart damage and liability: You can protect your golf cart and cover any potential lawsuits if you hit someone else or their property by accident.
  • Carport coverage: For situations in which your carport incurs damages.
  • Increased special limits: This plan allows you to increase your coverage sub-limits for various personal belonging categories.


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Renters insurance

Although you may not own your apartment, you can still protect yourself and your belongings. Security First offers comprehensive renters insurance that can give you peace of mind. This policy’s categories and endorsements are roughly the same as home insurance, except categories A and B are nonexistent.

The coverage limits for sections C through F are:

  • Category C (Contents): Contents protection covers your belongings for up to $100,000 at replacement cost value (RCV).
  • Category D (Uninhabitable): You will receive additional living expenses up to 20% of Category C.
  • Category E (Personal Liability): This section is identical to the one listed in a homeowners policy, with limits up to $500,000.
  • Category F (Medical Bills): This section is the same as it is in homeowners insurance.

Security First provides many of the same endorsements for renters insurance, except the ones related to dwelling damage. One unique add-on you’ll find is roommate insurance. This coverage boosts your limits to cover anyone else living with you.

Security First Insurance of Florida also offers various discounts for renters, including:

  • Living in a secured community
  • Installing burglar alarms
  • Having an indoor sprinkler system
  • Living in a newer building
  • Being over 55

Condo insurance

Living in a condo offers the perks of renting and homeownership. You don’t have to maintain a full property, but you can still build equity from your home. Security First’s condo insurance offers the same coverage options as homeowners insurance, except it excludes Category B (additional structures).

The unique coverage for condo owners is loss assessment. Although you insure your unit, the condo board has a master policy to protect the rest of the building. If disaster strikes, the condo association’s board will charge condo owners to help pay for repairs. With loss assessment coverage, your insurance covers a portion of that amount, so you don’t have to pay out of pocket.

Security First offers the same discount options for condo owners as it does for renters.

Dwelling fire insurance

Typically, homeowners insurance is the best way to protect your property. However, if you want something a bit cheaper, you can opt for dwelling fire insurance instead. One advantage of this coverage is that it can protect most homes that would not qualify for a standard homeowners policy (e.g., vacant buildings or homes purchased through foreclosure).

Dwelling fire insurance is a bare-bones policy that covers fire and seven other perils. But you can add sinkhole protection, vandalism, water damage, and other coverages.

Dwelling fire insurance provides actual cash value (ACV) payments. ACV is less than RCV, so that you can change it to replacement cost coverage. Otherwise, you might have to pay a lot out of pocket to repair the structure.

Security First offers dwelling fire insurance for rental units as well. It applies to both owner-occupied (like a duplex) or non-owner-occupied homes (when you’re the landlord).

Flood insurance

Living in Florida means that hurricanes and flooding are always a risk. No matter your ZIP code, you need flood coverage. A standard homeowners policy does not include this protection — you must add it as an endorsement. The exact cost and coverage limits depend on your existing policy.

Equipment breakdown

If you have appliances and electronics inside your home, equipment breakdown coverage can come in handy. Often, a standard policy does not cover power surges or water damage to appliances. This endorsement potentially saves you from expensive replacement costs, all without adding much to your monthly premium.

Identity theft

According to the FTC, Florida ranks No. 2 in the nation for identity theft. So, it’s an excellent idea to protect yourself from enterprising criminals trying to steal your cash and Social Security number. Security First offers comprehensive protection and monitoring.

Security First details and reviews

Security First Insurance has been around since 2005. Locke Burt founded the company after witnessing firsthand the devastation of Hurricane Andrew. Locke was a former U.S. senator, and his work helped the state recover quickly and efficiently. Security First is the third-largest provider of homeowners insurance in Florida, and it invests heavily in local communities.

Contact Info:

  • Security First Insurance of Florida Customer Service: (877) 333-9992
  • Security First Insurance 24/7/365 Claims: (877) 581-4862
  • Security First Identity Theft – make a phone call to PrivacyMaxx: (800) 676-5696
  • Security First Billing or Policy Questions: (877) 333-9992

Where is Security First available?

Security First Insurance is only available in Florida.

Filing a claim with Security First

Filing a claim can be frustrating, mainly because it means you have damaged or destroyed property. Security First has a three-step insurance claim process for all of their customers.

  • First, you must submit a claim through the company’s mobile app or online. Be sure to take as many photos and provide as many details as possible.
  • Next, a claims adjuster will inspect your property to assess the damages. The company offers water damage mitigation services. This service will dry out your home or condo to ensure no further problems develop, like mold.
  • Finally, the claims adjuster will complete their assessment. The company will then pay you based on your coverage amount, deductible, and replacement cost value.

Depending on the situation, this process can take days or weeks to complete. This is because it can take a while to get an accurate breakdown of each covered loss.

Final thoughts

If you’re a Florida resident, Security First has some enticing coverage options to protect your property. Overall, if you want a local insurance provider, Security First Insurance may be the right decision for you.


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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