Home Insurance in Palm Beach County, Florida
Homes in Palm Beach County carry a median value of $447,300 - 25% higher than the Florida median.
Because older housing stock often has aging wiring, roofing or plumbing, it can cost more to insure or rebuild. The typical home in Palm Beach County was built around 1986. About 8% of homes were built before 1960, about 3 points below Florida's 10%.
In Palm Beach County, the housing stock is 57% single-family homes, 31% apartments in buildings with 5+ units and 3% mobile or manufactured homes.
52% of owner-occupied homes in Palm Beach County carry a mortgage, and mortgage lenders require hazard insurance for as long as the loan is active.
About 70% of occupied homes in Palm Beach County are owner-occupied. The vacancy rate is 16%; vacant or unoccupied homes typically need a different coverage form than an owner-occupied policy.
Most homes in Palm Beach County - 92% - are primarily heated with electricity.
Per FEMA's National Risk Index, Palm Beach County's top hazards are hurricane (Very High), inland flooding (Relatively High) and wildfire (Relatively Moderate).
Standard homeowners insurance does not cover flood damage, so flood coverage needs a separate NFIP or private flood policy. As of September 2026, Palm Beach County has 128,176 active NFIP flood policies on file.
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 | $447,300 |
|---|---|
| Median year built | 1986 |
| Owner-occupied share | 70% |
| Share of owner-occupied homes with a mortgage | 52% |
| Top hazards (FEMA National Risk Index) | Hurricane (Very High), Inland Flooding (Relatively High), Wildfire (Relatively Moderate) |
| Active NFIP flood policies (county) | 128,176 |
| Home insurance premium | $2,779 - statewide average (NAIC, 2023 data) |
Towns and cities
- Atlantis
- Belle Glade
- Boca Raton
- Boynton Beach
- Briny Breezes
- Cloud Lake
- Delray Beach
- Glen Ridge
- Golf
- Gulf Stream
- Haverhill
- Highland Beach
- Juno Beach
- Jupiter
- Jupiter Inlet Colony
- Lake Clarke Shores
- Lake Park
- Lake Worth Beach
- Lantana
- Loxahatchee Groves
- Manalapan
- Mangonia Park
- North Palm Beach
- Ocean Ridge
- Pahokee
- Palm Beach
- Palm Beach Gardens
- Palm Beach Shores
- Palm Springs
- Riviera Beach
- Royal Palm Beach
- South Bay
- South Palm Beach
- Tequesta
- Wellington
- West Palm Beach
- Westlake
Smaller communities
-
Greenacres
- Median home value: $291,000
- Median year built: 1987
- Owner-occupied share: 67%
-
Hypoluxo
- Median home value: $290,900
- Median year built: 1990
- Owner-occupied share: 77%
Sources
- 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)