Home Insurance in Indian Shores, Florida

Homes in Indian Shores carry a median value of $698,800 - 97% higher than the Pinellas County median.

The typical home in Indian Shores was built around 1981. About 6% of homes were built before 1960, about 14 points below Pinellas County's 20%. Because older housing stock often has aging wiring, roofing or plumbing, it can cost more to insure or rebuild.

In Indian Shores, the housing stock is 10% single-family homes, 83% apartments in buildings with 5+ units and 1% mobile or manufactured homes.

About 41% of owner-occupied homes in Indian Shores have a mortgage. Lenders require hazard (homeowners) insurance on any home carrying a mortgage.

About 86% of occupied homes in Indian Shores are owner-occupied. The vacancy rate is 76%; vacant or unoccupied homes typically need a different coverage form than an owner-occupied policy.

95% of homes in Indian Shores are primarily heated with electricity.

FEMA rates Pinellas County's overall risk as Relatively High, led by coastal flooding (Very High). 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.

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$698,800
Median year built1981
Owner-occupied share86%
Share of owner-occupied homes with a mortgage41%
Top county hazardCoastal Flooding (Very High)
Active NFIP policies in Pinellas County128,791
Home insurance premium$2,779 - statewide average (NAIC, 2023 data)
Key home insurance figures for Indian Shores, FL

Nearby towns

Sources

Data last updated: 2026-09-29