Home Insurance in North Miami Beach, Florida
With a median home value of $366,700, North Miami Beach is 21% lower than the Miami-Dade County median.
The typical home in North Miami Beach was built around 1967. Because older housing stock often has aging wiring, roofing or plumbing, it can cost more to insure or rebuild. About 34% of homes were built before 1960, about 14 points above Miami-Dade County's 21%.
Mobile and manufactured homes typically need a manufactured-home (HO-7) policy rather than a standard homeowners policy. The housing stock in North Miami Beach is 43% single-family homes, 49% apartments in buildings with 5+ units and 3% mobile or manufactured homes.
In North Miami Beach, about 57% of owner-occupied homes have a mortgage - lenders require hazard insurance on every mortgaged home.
The vacancy rate is 13%; vacant or unoccupied homes typically need a different coverage form than an owner-occupied policy. About 52% of occupied homes in North Miami Beach are owner-occupied.
91% of homes in North Miami Beach are primarily heated with electricity.
Miami-Dade County had 355,123 active NFIP flood policies as of September 2026. Its top FEMA-rated hazard is hurricane (Very High). See the full Miami-Dade 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 | $366,700 |
|---|---|
| Median year built | 1967 |
| Owner-occupied share | 52% |
| Share of owner-occupied homes with a mortgage | 57% |
| Top county hazard | Hurricane (Very High) |
| Active NFIP policies in Miami-Dade County | 355,123 |
| Home insurance premium | $2,779 - statewide average (NAIC, 2023 data) |
Nearby towns
- North Miami
- Sunny Isles Beach
- Aventura
- Biscayne Park
- West Park
- Bay Harbor Islands
- Golden Beach
- Bal Harbour
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)