Home Insurance in Parkland, Florida
Homes in Parkland carry a median value of $983,000 - 137% higher than the Broward County median.
The typical home in Parkland was built around 2006. Older homes can cost more to insure or rebuild because of aging wiring, roofing and plumbing. About 0% of homes were built before 1960, about 11 points below Broward County's 11%.
The housing stock in Parkland is 90% single-family homes and 6% apartments in buildings with 5+ units.
About 78% of owner-occupied homes in Parkland have a mortgage. Lenders require hazard (homeowners) insurance on any home carrying a mortgage.
Parkland has an owner-occupancy rate of 85% and a vacancy rate of 3%; unoccupied homes typically need a different coverage form.
Most homes in Parkland - 82% - are primarily heated with electricity.
Broward County's top FEMA-rated hazard is hurricane (Very High), per FEMA's National Risk Index. 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.
According to the NAIC homeowners insurance report (2023 data), a standard HO-3 homeowners policy in Florida carries a statewide average premium of $2,779 per year.
Key figures
| Median home value | $983,000 |
|---|---|
| Median year built | 2006 |
| Owner-occupied share | 85% |
| Share of owner-occupied homes with a mortgage | 78% |
| 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
- Coral Springs
- Coconut Creek
- Margate
- North Lauderdale
- Deerfield Beach
- Tamarac
- Pompano Beach
- Boca Raton
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)