Home Insurance in Boca Raton, Florida
Homes in Boca Raton carry a median value of $722,700 - 62% higher than the Palm Beach County median.
The typical home in Boca Raton was built around 1983. Because older housing stock often has aging wiring, roofing or plumbing, it can cost more to insure or rebuild. About 5% of homes were built before 1960, about 2 points below Palm Beach County's 8%.
Housing in Boca Raton breaks down to 49% single-family homes and 47% apartments in buildings with 5+ units.
About 48% of owner-occupied homes in Boca Raton have a mortgage. Lenders require hazard (homeowners) insurance on any home carrying a mortgage.
About 66% of occupied homes in Boca Raton 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 Boca Raton - 91% - are primarily heated with electricity.
What's the biggest home insurance risk near Boca Raton? FEMA's National Risk Index points to hurricane (Very High) in Palm Beach County and Palm Beach County had 128,176 active NFIP flood policies as of September 2026. See the full Palm Beach 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 | $722,700 |
|---|---|
| Median year built | 1983 |
| Owner-occupied share | 66% |
| Share of owner-occupied homes with a mortgage | 48% |
| Top county hazard | Hurricane (Very High) |
| Active NFIP policies in Palm Beach County | 128,176 |
| Home insurance premium | $2,779 - statewide average (NAIC, 2023 data) |
Nearby towns
- Highland Beach
- Deerfield Beach
- Delray Beach
- Lighthouse Point
- Hillsboro Beach
- Coconut Creek
- Gulf Stream
- Golf
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)