Home Insurance in Fort Lauderdale, Florida
Homes in Fort Lauderdale carry a median value of $486,700 - 17% higher than the Broward County median.
Aging wiring, roofing and plumbing in older homes can push up the cost to insure or rebuild them. The typical home in Fort Lauderdale was built around 1973. About 24% of homes were built before 1960, about 13 points above Broward County's 11%.
Housing in Fort Lauderdale breaks down to 39% single-family homes, 49% apartments in buildings with 5+ units and 1% mobile or manufactured homes. The rest are 2-4 unit or other housing types.
54% of owner-occupied homes in Fort Lauderdale carry a mortgage, and mortgage lenders require hazard insurance for as long as the loan is active.
About 54% of occupied homes in Fort Lauderdale are owner-occupied. The vacancy rate is 20%; vacant or unoccupied homes typically need a different coverage form than an owner-occupied policy.
90% of homes in Fort Lauderdale are primarily heated with electricity.
FEMA rates Broward County's overall risk as Relatively High, led by hurricane (Very High). Broward County had 227,930 active NFIP flood policies as of September 2026. See the full Broward County home insurance overview for all FEMA hazard ratings and flood coverage details.
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 | $486,700 |
|---|---|
| Median year built | 1973 |
| Owner-occupied share | 54% |
| Share of owner-occupied homes with a mortgage | 54% |
| Top county hazard | Hurricane (Very High) |
| Active NFIP policies in Broward County | 227,930 |
| Home insurance premium | $2,779 - statewide average (NAIC, 2023 data) |
Nearby towns
- Lazy Lake
- Wilton Manors
- Lauderdale Lakes
- Lauderdale-by-the-Sea
- Sea Ranch Lakes
- Dania Beach
- North Lauderdale
- Pompano Beach
Sources
Data last updated: 2026-09-29
- 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)