Home Insurance in Indian River Shores, Florida
With a median home value of $1,132,000, Indian River Shores is 222% higher than the Indian River County median.
The typical home in Indian River Shores was built around 1987. About 0% of homes were built before 1960, about 5 points below Indian River County's 6%. Older homes can cost more to insure or rebuild because of aging wiring, roofing and plumbing.
In Indian River Shores, the housing stock is 62% single-family homes and 34% apartments in buildings with 5+ units.
About 23% of owner-occupied homes in Indian River Shores have a mortgage. Lenders require hazard (homeowners) insurance on any home carrying a mortgage.
The vacancy rate is 33%; vacant or unoccupied homes typically need a different coverage form than an owner-occupied policy. About 98% of occupied homes in Indian River Shores are owner-occupied.
Most homes in Indian River Shores - 90% - are primarily heated with electricity.
FEMA rates Indian River County's overall risk as Relatively High, led by hurricane (Very High). Indian River County had 18,859 active NFIP flood policies as of September 2026. See the full Indian River 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 | $1,132,000 |
|---|---|
| Median year built | 1987 |
| Owner-occupied share | 98% |
| Share of owner-occupied homes with a mortgage | 23% |
| Top county hazard | Hurricane (Very High) |
| Active NFIP policies in Indian River County | 18,859 |
| 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)