Home Insurance in Ocean County, New Jersey

With a median home value of $398,400, Ocean County is 12% lower than the New Jersey median.

The typical home in Ocean County was built around 1981. Because older housing stock often has aging wiring, roofing or plumbing, it can cost more to insure or rebuild. About 16% of homes were built before 1960, about 22 points below New Jersey's 38%.

The housing stock in Ocean County is 84% single-family homes, 8% apartments in buildings with 5+ units and 2% mobile or manufactured homes.

59% of owner-occupied homes in Ocean County carry a mortgage, and mortgage lenders require hazard insurance for as long as the loan is active.

About 81% of occupied homes in Ocean County are owner-occupied. The vacancy rate is 18%; vacant or unoccupied homes typically need a different coverage form than an owner-occupied policy.

78% of homes in Ocean County are primarily heated with natural gas.

Per FEMA's National Risk Index, Ocean County's top hazards are strong wind (Very High), winter weather (Very High) and coastal flooding (Very High).

Standard homeowners insurance does not cover flood damage, so flood coverage needs a separate NFIP or private flood policy. As of September 2026, Ocean County has 39,942 active NFIP flood policies on file.

According to the NAIC homeowners insurance report (2023 data), a standard HO-3 homeowners policy in New Jersey carries a statewide average premium of $1,551 per year.

Key figures

Median home value$398,400
Median year built1981
Owner-occupied share81%
Share of owner-occupied homes with a mortgage59%
Top hazards (FEMA National Risk Index)Strong Wind (Very High), Winter Weather (Very High), Coastal Flooding (Very High)
Active NFIP flood policies (county)39,942
Home insurance premium$1,551 - statewide average (NAIC, 2023 data)

Towns and cities

Sources