Because Florida is a peninsula surrounded on three sides with water, it is at a higher risk for hurricanes. If you live on either coast, your risk of damage or loss of property is much higher. There are many insurance companies who are not able to provide hurricane insurance for those folks. But there are still many companies from which to choose. One of the biggest dangers from living on the coast is from flood or tidal waves that can ruin your home inside and out. Florida Homeowners Insurance