Florida Peninsula Insurance Company (FPI), one of Florida’s largest homeowners insurance companies, is pleased to announce its partnership with Liberty Mutual to offer Equipment Breakdown and Service Line Coverage to its policyholders. This coverage is also available to customers of Edison Insurance Company, FPI’s wholly owned subsidiary. This is the first time either company will offer this type of coverage.
“We are always looking for ways to add value and peace of mind for our policyholders,” said Clint Strauch, president of FPI and Edison. “We are excited to partner with a nationally recognized insurer like Liberty Mutual to offer this additional coverage option to our policyholders.”
Equipment Breakdown Coverage, which is offered at $50 per year, protects a range of common household equipment including:
• Central AC
• Household appliances
• Computer equipment
• Emergency generator
• Personal electronics
• Water heater
• Security systems
• Well pumps
Equipment Breakdown and Service Line Coverage is offered at $80 per year. Service Line Coverage protects a range of buried lines including:
• Water lines
• Electrical lines
• Sewer lines
• Steam piping
• Fiber optic lines
• Drainage lines
• Ground loop piping
• Phone lines
Both Equipment Breakdown and Service Line Coverage options are being offered with a $500 deductible for each and with no restrictions on the age of the equipment. Service Line Coverage will not be offered separately.
For more information, homeowners and condo owners can contact their independent insurance agent or visit our website at floridapeninsula.com.
ABOUT FLORIDA PENINSULA INSURANCE COMPANY
Founded by a team of veteran insurance professionals, Florida Peninsula Insurance Company is one of Florida’s top 10 largest companies offering multi-peril homeowners and flood insurance. The company insures more than 180,000 homes, condo and apartment units located throughout the state. Florida Peninsula markets through a network of 2,500 independent insurance agents. Our aim is to combine the latest technology with old-fashioned courtesy and customer service, providing efficient, cost-effective, peace-of-mind protection for our policyholders. Florida Peninsula was first issued a Certificate of Authority to do business in April 2005 by the Florida Office of Insurance Regulation. The company has maintained a Financial Stability Rating® of A-Exceptional from Demotech. For more information or to get a comparison quote, please call (877) 229-2244 or visit our website at www.floridapeninsula.com.