Home Insurance in Broward County, Florida
Homes in Broward County carry a median value of $414,600 - 15% higher than the Florida median.
The typical home in Broward County was built around 1980. About 11% of homes were built before 1960, in line with Florida (10%). Because older housing stock often has aging wiring, roofing or plumbing, it can cost more to insure or rebuild.
In Broward County, the housing stock is 49% single-family homes, 41% apartments in buildings with 5+ units and 3% mobile or manufactured homes.
About 58% of owner-occupied homes in Broward County have a mortgage. Lenders require hazard (homeowners) insurance on any home carrying a mortgage.
The vacancy rate is 13%; vacant or unoccupied homes typically need a different coverage form than an owner-occupied policy. About 64% of occupied homes in Broward County are owner-occupied.
91% of homes in Broward County are primarily heated with electricity.
FEMA's National Risk Index lists hurricane (Very High), inland flooding (Very High) and wildfire (Relatively Moderate) as the leading hazards for Broward County.
Broward County had 227,930 active National Flood Insurance Program policies as of September 2026. Standard homeowners insurance does not cover flood damage, so flood coverage needs a separate NFIP or private flood policy.
In Florida, the statewide average premium for a standard HO-3 homeowners policy is $2,779 per year (NAIC, 2023 data).
Key figures
| Median home value | $414,600 |
|---|---|
| Median year built | 1980 |
| Owner-occupied share | 64% |
| Share of owner-occupied homes with a mortgage | 58% |
| Top hazards (FEMA National Risk Index) | Hurricane (Very High), Inland Flooding (Very High), Wildfire (Relatively Moderate) |
| Active NFIP flood policies (county) | 227,930 |
| Home insurance premium | $2,779 - statewide average (NAIC, 2023 data) |
Towns and cities
- Coconut Creek
- Cooper City
- Coral Springs
- Dania Beach
- Davie
- Deerfield Beach
- Fort Lauderdale
- Hallandale Beach
- Hillsboro Beach
- Hollywood
- Lauderdale Lakes
- Lauderdale-by-the-Sea
- Lazy Lake
- Lighthouse Point
- Margate
- Miramar
- North Lauderdale
- Parkland
- Pembroke Park
- Pembroke Pines
- Pompano Beach
- Sea Ranch Lakes
- Southwest Ranches
- Sunrise
- Tamarac
- West Park
- Weston
- Wilton Manors
Smaller communities
-
Lauderhill
- Median home value: $272,900
- Median year built: 1976
- Owner-occupied share: 56%
-
Oakland Park
- Median home value: $385,000
- Median year built: 1972
- Owner-occupied share: 58%
-
Plantation
- Median home value: $483,500
- Median year built: 1984
- Owner-occupied share: 64%
Sources
- U.S. Census Bureau Gazetteer Files (2024)
- U.S. Census Bureau, American Community Survey 2020-2024 5-Year Estimates (2024)
- FEMA National Risk Index (December 2025)
- FEMA OpenFEMA NFIP Redacted Policies v3 (2026)
- NAIC Dwelling Fire, Homeowners Owner-Occupied, and Homeowners Tenant and Condominium/Cooperative Unit Owners Insurance: Data for 2023 (published 2026) (2023)