Home Insurance in Crestview, Florida
Homes in Crestview carry a median value of $277,900 - 21% lower than the Okaloosa County median.
The typical home in Crestview was built around 2000. About 9% of homes were built before 1960, about 3 points above Okaloosa County's 6%. Aging wiring, roofing and plumbing in older homes can push up the cost to insure or rebuild them.
In Crestview, the housing stock is 79% single-family homes, 13% apartments in buildings with 5+ units and 2% mobile or manufactured homes.
About 69% of owner-occupied homes in Crestview have a mortgage. Lenders require hazard (homeowners) insurance on any home carrying a mortgage.
Crestview has an owner-occupancy rate of 61% and a vacancy rate of 6%; unoccupied homes typically need a different coverage form.
80% of homes in Crestview are primarily heated with electricity.
What's the biggest home insurance risk near Crestview? FEMA's National Risk Index points to hurricane (Very High) in Okaloosa County and Okaloosa County had 18,795 active NFIP flood policies as of September 2026. See the full Okaloosa 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 | $277,900 |
|---|---|
| Median year built | 2000 |
| Owner-occupied share | 61% |
| Share of owner-occupied homes with a mortgage | 69% |
| Top county hazard | Hurricane (Very High) |
| Active NFIP policies in Okaloosa County | 18,795 |
| 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)