Home Insurance in Floral Park, New York
Homes in Floral Park carry a median value of $789,600 - 15% higher than the Nassau County median.
Because older housing stock often has aging wiring, roofing or plumbing, it can cost more to insure or rebuild. The median home in Floral Park was built in 1939 or earlier. About 85% of homes were built before 1960, about 19 points above Nassau County's 66%.
Housing in Floral Park breaks down to 73% single-family homes and 13% apartments in buildings with 5+ units. The rest are 2-4 unit or other housing types.
In Floral Park, about 55% of owner-occupied homes have a mortgage - lenders require hazard insurance on every mortgaged home.
Floral Park has an owner-occupancy rate of 85% and a vacancy rate of 3%; unoccupied homes typically need a different coverage form.
Homes heated with fuel oil can carry added fire risk. Fuel-tank leaks and spills are often excluded from standard homeowners policies. Most homes in Floral Park - 79% - are primarily heated with natural gas.
Nassau County had 40,437 active NFIP flood policies as of September 2026. Its top FEMA-rated hazard is winter weather (Very High). See the full Nassau 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 New York is $1,801 per year, according to the NAIC homeowners insurance report (2023 data).
Key figures
| Median home value | $789,600 |
|---|---|
| Median year built | 1939 or earlier |
| Owner-occupied share | 85% |
| Share of owner-occupied homes with a mortgage | 55% |
| Top county hazard | Winter Weather (Very High) |
| Active NFIP policies in Nassau County | 40,437 |
| Home insurance premium | $1,801 - statewide average (NAIC, 2023 data) |
Nearby towns
- South Floral Park
- Stewart Manor
- New Hyde Park
- Lake Success
- Garden City
- Malverne
- Mineola
- Williston Park
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)