Home Insurance in Temple Terrace, Florida
Homes in Temple Terrace carry a median value of $334,800 - 10% lower than the Hillsborough County median.
The typical home in Temple Terrace was built around 1982. About 12% of homes were built before 1960, about 1 point above Hillsborough County's 11%. Aging wiring, roofing and plumbing in older homes can push up the cost to insure or rebuild them.
The housing stock in Temple Terrace is 52% single-family homes, 38% apartments in buildings with 5+ units and 1% mobile or manufactured homes.
59% of owner-occupied homes in Temple Terrace carry a mortgage, and mortgage lenders require hazard insurance for as long as the loan is active.
The vacancy rate is 4%; vacant or unoccupied homes typically need a different coverage form than an owner-occupied policy. About 50% of occupied homes in Temple Terrace are owner-occupied.
In Temple Terrace, 98% of homes are primarily heated with electricity.
FEMA rates Hillsborough County's overall risk as Relatively High, led by tornado (Very High). Hillsborough County had 63,039 active NFIP flood policies as of September 2026. See the full Hillsborough 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 | $334,800 |
|---|---|
| Median year built | 1982 |
| Owner-occupied share | 50% |
| Share of owner-occupied homes with a mortgage | 59% |
| Top county hazard | Tornado (Very High) |
| Active NFIP policies in Hillsborough County | 63,039 |
| Home insurance premium | $2,779 - statewide average (NAIC, 2023 data) |
Nearby towns
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)