Flood insurance cost · Okaloosa County, FL
Flood insurance cost in Okaloosa County, Florida
What homeowners with a National Flood Insurance Program policy actually pay, from FEMA's records of 7,523 home policies in force on August 31, 2026.
Median annual cost of NFIP flood insurance for a home
$1,035a year
Half of insured homes paid between $625 and $1,267. That is about the same as the Florida median ($1,017). Most insured homes here are rated in zone X (55%).
This is what policyholders paid, not a quote. Two neighbors can pay very different prices: NFIP prices depend on the building (elevation, foundation, number of floors, replacement cost), the coverage and deductible chosen and the distance to water (FEMA FloodSmart: premium factors). For a price for your building, ask an insurance agent. Private flood insurance is not included in these figures.
Disaster declarations: 2 FEMA declarations · individual aid · IRS Feb 8, 2027. FEMA declarations and IRS tax relief in Okaloosa County.
Cost by flood zone in Okaloosa County
The flood zone on FEMA's map is one of the main price factors. Median and middle half of what insured homes paid, by the zone used to rate the policy.
| Flood zone | Median | Middle half (25th–75th percentile) | Average | Policies | vs last year |
|---|---|---|---|---|---|
| Zone VE / V High risk, coastal | $770 | $598–$1,228 | $1,090 | 793 (11%) | +1.7% |
| Zone AE High risk | $1,278 | $1,073–$2,180 | $1,805 | 2,582 (34%) | +14.4% |
| Zone AO High risk, shallow | $812 | $590–$966 | $888 | 22 (0%) | +7.1% |
| Zone X Moderate to low risk | $773 | $545–$1,090 | $871 | 4,117 (55%) | +1.3% |
Not shown (fewer than 10 home policies): A, AH, A99/AR, D. Shares are of all insured homes; a few policies have no rated zone. "vs last year" compares medians with policies in force a year earlier.
Cost by type of building
All NFIP policies in force in Okaloosa County, by what they insure.
| Type of building | Policies | Median | Average |
|---|---|---|---|
| Single-family home | 6,280 | $1,083 | $1,280 |
| 2–4 unit building | 102 | $1,273 | $1,684 |
| Manufactured (mobile) home | 17 | $824 | $1,092 |
| Condo or apartment unit | 1,124 | $683 | $808 |
| Whole residential building (5+ units or condo association) One policy covers the whole building, so the cost is much higher than for a single home. | 578 | $5,508 | $7,757 |
| Non-residential building or unit Businesses, churches, farm buildings and other non-residential property. | 502 | $1,907 | $3,102 |
One year on: Okaloosa County
Policies in force on August 31, 2026 compared with a year earlier. Nationwide, practically all policies in both years carry FEMA's Risk Rating 2.0 occupancy codes, so both years use the same pricing system. The policies are not the same: some were new, some lapsed.
| Aug 31, 2025 | Aug 31, 2026 | Change | |
|---|---|---|---|
| Home policies in force | 8,072 | 7,523 | −6.8% |
| Median annual cost | $928 | $1,035 | +11.5% |
| Average annual cost | $1,109 | $1,215 | +9.6% |
| All policies in force (any building) | 9,155 | 8,603 | −6.0% |
How many homes have flood insurance?
FEMA NFIP Residential Penetration Rates, data as of August 3, 2026: residential contracts in force divided by residential structures.
Flood claims history
Since 1978, NFIP policyholders in Okaloosa County, Florida have filed 8,220 flood claims. 5,610 received a payment, for a total of $281.7 million (an average of $50,213 per paid claim). The year with the most claims was 1995 (2,949 claims). Amounts are in dollars of the time, not adjusted for inflation.
All years with at least 10 claims (21)
Swipe the table sideways to see all columns.
| Year of loss | Claims | Paid claims | Total paid | Average per paid claim |
|---|---|---|---|---|
| 2024 | 25 | <10 | – | – |
| 2021 | 23 | 11 | $291,433 | $26,494 |
| 2020 | 338 | 254 | $10,295,852 | $40,535 |
| 2018 | 15 | <10 | – | – |
| 2017 | 18 | 11 | $184,556 | $16,778 |
| 2015 | 21 | 13 | $250,372 | $19,259 |
| 2014 | 334 | 285 | $9,679,199 | $33,962 |
| 2013 | 21 | 13 | $405,476 | $31,190 |
| 2009 | 27 | 21 | $783,570 | $37,313 |
| 2008 | 12 | <10 | – | – |
| 2007 | 38 | 11 | $72,670 | $6,606 |
| 2005 | 975 | 586 | $22,802,389 | $38,912 |
| 2004 | 2,541 | 1,833 | $114,806,669 | $62,633 |
| 2002 | 23 | 12 | $253,973 | $21,164 |
| 2001 | 10 | <10 | – | – |
| 1998 | 568 | 298 | $4,418,306 | $14,827 |
| 1995 | 2,949 | 2,143 | $116,218,809 | $54,232 |
| 1994 | 99 | 31 | $144,598 | $4,664 |
| 1991 | 11 | <10 | – | – |
| 1985 | 21 | <10 | – | – |
| 1979 | 32 | 17 | $133,043 | $7,826 |
From 2016 to 2026: 419 claims (counting only years with at least 10). 2026 is a partial year. Claims are counted where the insured property is; they include buildings and contents, homes and businesses.
ZIP codes in Okaloosa County
ZIP codes with at least 300 NFIP home policies in force have their own page.
- ZIP 32541 · Destinmedian $924 · 1,728 homes
- ZIP 32547 · unincorporated Okaloosa Countymedian $885 · 963 homes
- ZIP 32548 · Fort Walton Beachmedian $1,084 · 1,337 homes
- ZIP 32569 · unincorporated Okaloosa Countymedian $1,076 · 694 homes
- ZIP 32578 · unincorporated Okaloosa Countymedian $1,056 · 1,722 homes
- ZIP 32579 · unincorporated Okaloosa Countymedian $1,084 · 670 homes
Main NFIP communities in the county
Unincorporated Okaloosa County (4,004 home policies) · Destin (1,594 home policies) · Fort Walton Beach (770 home policies) · Niceville (541 home policies) · Shalimar (175 home policies) · Mary Esther (164 home policies)