Home Insurance in Longboat Key, Florida
With a median home value of $1,022,100, Longboat Key is 161% higher than the Manatee County median.
The typical home in Longboat Key was built around 1980. About 6% of homes were built before 1960, about 3 points below Manatee County's 8%. Because older housing stock often has aging wiring, roofing or plumbing, it can cost more to insure or rebuild.
Mobile and manufactured homes typically need a manufactured-home (HO-7) policy rather than a standard homeowners policy. The housing stock in Longboat Key is 25% single-family homes, 67% apartments in buildings with 5+ units and 4% mobile or manufactured homes.
In Longboat Key, about 30% of owner-occupied homes have a mortgage - lenders require hazard insurance on every mortgaged home.
About 94% of occupied homes in Longboat Key are owner-occupied. The vacancy rate is 58%; vacant or unoccupied homes typically need a different coverage form than an owner-occupied policy.
In Longboat Key, 91% of homes are primarily heated with electricity.
What's the biggest home insurance risk near Longboat Key? FEMA's National Risk Index points to hurricane (Very High) in Manatee County and Manatee County had 36,816 active NFIP flood policies as of September 2026. See the full Manatee 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 | $1,022,100 |
|---|---|
| Median year built | 1980 |
| Owner-occupied share | 94% |
| Share of owner-occupied homes with a mortgage | 30% |
| Top county hazard | Hurricane (Very High) |
| Active NFIP policies in Manatee County | 36,816 |
| 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)