Home Insurance in Laurel Hill, Florida
Homes in Laurel Hill carry a median value of $117,900 - 66% lower than the Okaloosa County median.
Older homes can cost more to insure or rebuild because of aging wiring, roofing and plumbing. The typical home in Laurel Hill was built around 1984. About 13% of homes were built before 1960, about 6 points above Okaloosa County's 6%.
In Laurel Hill, the housing stock is 62% single-family homes and 37% mobile or manufactured homes. Mobile and manufactured homes typically need a manufactured-home (HO-7) policy rather than a standard homeowners policy.
In Laurel Hill, about 49% of owner-occupied homes have a mortgage - lenders require hazard insurance on every mortgaged home.
About 88% of occupied homes in Laurel Hill are owner-occupied. The vacancy rate is 29%; vacant or unoccupied homes typically need a different coverage form than an owner-occupied policy.
Most homes in Laurel Hill - 92% - are primarily heated with electricity. Homes heated with propane can carry added fire risk. Fuel-tank leaks and spills are often excluded from standard homeowners policies.
FEMA rates Okaloosa County's overall risk as Relatively Moderate, led by hurricane (Very High). 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 | $117,900 |
|---|---|
| Median year built | 1984 |
| Owner-occupied share | 88% |
| Share of owner-occupied homes with a mortgage | 49% |
| 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)