Home Insurance in Palm Beach Gardens, Florida
The median home value in Palm Beach Gardens is $606,100, 36% higher than the Palm Beach County median.
Older homes can cost more to insure or rebuild because of aging wiring, roofing and plumbing. The typical home in Palm Beach Gardens was built around 1995. About 1% of homes were built before 1960, about 7 points below Palm Beach County's 8%.
Housing in Palm Beach Gardens breaks down to 62% single-family homes, 24% apartments in buildings with 5+ units and 2% mobile or manufactured homes. The rest are 2-4 unit or other housing types.
About 47% of owner-occupied homes in Palm Beach Gardens have a mortgage. Lenders require hazard (homeowners) insurance on any home carrying a mortgage.
The vacancy rate is 13%; vacant or unoccupied homes typically need a different coverage form than an owner-occupied policy. About 73% of occupied homes in Palm Beach Gardens are owner-occupied.
In Palm Beach Gardens, 85% of homes are primarily heated with electricity.
What's the biggest home insurance risk near Palm Beach Gardens? 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.
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 | $606,100 |
|---|---|
| Median year built | 1995 |
| Owner-occupied share | 73% |
| Share of owner-occupied homes with a mortgage | 47% |
| 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)