Home Insurance in Clearwater, Florida
With a median home value of $361,300, Clearwater is close to the Pinellas County median.
Because older housing stock often has aging wiring, roofing or plumbing, it can cost more to insure or rebuild. The typical home in Clearwater was built around 1978. About 16% of homes were built before 1960, about 4 points below Pinellas County's 20%.
In Clearwater, the housing stock is 45% single-family homes, 43% apartments in buildings with 5+ units and 5% mobile or manufactured homes. Mobile and manufactured homes typically need a manufactured-home (HO-7) policy rather than a standard homeowners policy.
About 51% of owner-occupied homes in Clearwater have a mortgage. Lenders require hazard (homeowners) insurance on any home carrying a mortgage.
Clearwater has an owner-occupancy rate of 59% and a vacancy rate of 18%; unoccupied homes typically need a different coverage form.
93% of homes in Clearwater are primarily heated with electricity.
What's the biggest home insurance risk near Clearwater? FEMA's National Risk Index points to coastal flooding (Very High) in Pinellas County and Pinellas County had 128,791 active NFIP flood policies as of September 2026. See the full Pinellas County home insurance overview for all FEMA hazard ratings and flood coverage details. Flood damage is excluded from a standard homeowners policy.
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 | $361,300 |
|---|---|
| Median year built | 1978 |
| Owner-occupied share | 59% |
| Share of owner-occupied homes with a mortgage | 51% |
| Top county hazard | Coastal Flooding (Very High) |
| Active NFIP policies in Pinellas County | 128,791 |
| Home insurance premium | $2,779 - statewide average (NAIC, 2023 data) |
Nearby towns
- Belleair
- Dunedin
- Safety Harbor
- Largo
- Belleair Bluffs
- Belleair Beach
- Belleair Shore
- Indian Rocks Beach
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)