Home Insurance in Cedar Key, Florida
Homes in Cedar Key carry a median value of $378,000 - 98% higher than the Levy County median.
The typical home in Cedar Key was built around 1978. About 32% of homes were built before 1960, about 25 points above Levy County's 7%. Because older housing stock often has aging wiring, roofing or plumbing, it can cost more to insure or rebuild.
The housing stock in Cedar Key is 76% single-family homes, 15% apartments in buildings with 5+ units and 4% mobile or manufactured homes. Mobile and manufactured homes typically need a manufactured-home (HO-7) policy rather than a standard homeowners policy.
About 29% of owner-occupied homes in Cedar Key have a mortgage. Lenders require hazard (homeowners) insurance on any home carrying a mortgage.
Cedar Key has an owner-occupancy rate of 78% and a vacancy rate of 45%; unoccupied homes typically need a different coverage form.
Most homes in Cedar Key - 92% - are primarily heated with electricity.
Levy County's top FEMA-rated hazard is hurricane (Relatively Moderate), per FEMA's National Risk Index. Levy County had 909 active NFIP flood policies as of September 2026. See the full Levy County home insurance overview for all FEMA hazard ratings and flood coverage details.
The statewide average premium for a standard HO-3 homeowners policy in Florida is $2,779 per year, according to the NAIC homeowners insurance report (2023 data).
Key figures
| Median home value | $378,000 |
|---|---|
| Median year built | 1978 |
| Owner-occupied share | 78% |
| Share of owner-occupied homes with a mortgage | 29% |
| Top county hazard | Hurricane (Relatively Moderate) |
| Active NFIP policies in Levy County | 909 |
| 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)