Home Insurance in Gulf Stream, Florida
The median home value in Gulf Stream is $2,000,000+.
The typical home in Gulf Stream was built around 1979. About 14% of homes were built before 1960, about 6 points above Palm Beach County's 8%. Older homes can cost more to insure or rebuild because of aging wiring, roofing and plumbing.
Housing in Gulf Stream breaks down to 57% single-family homes and 41% apartments in buildings with 5+ units.
About 29% of owner-occupied homes in Gulf Stream have a mortgage. Lenders require hazard (homeowners) insurance on any home carrying a mortgage.
Gulf Stream has an owner-occupancy rate of 91% and a vacancy rate of 37%; unoccupied homes typically need a different coverage form.
In Gulf Stream, 84% of homes are primarily heated with electricity.
Palm Beach County had 128,176 active NFIP flood policies as of September 2026. Its top FEMA-rated hazard is hurricane (Very High). See the full Palm Beach 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 | $2,000,000+ |
|---|---|
| Median year built | 1979 |
| Owner-occupied share | 91% |
| Share of owner-occupied homes with a mortgage | 29% |
| 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
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)