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Flood insurance cost · Lake County, IN

Flood insurance cost in Lake County, Indiana

What homeowners with a National Flood Insurance Program policy actually pay, from FEMA's records of 840 home policies in force on August 31, 2026.

Lake County, IndianaPolicies in force on Aug 31, 2026

Median annual cost of NFIP flood insurance for a home

$998a year

Half of insured homes paid between $761 and $1,267. That is 4% more than the Indiana median ($961). Most insured homes here are rated in zone AE (52%).

$0$761 · $998 · $1,267$1,584
+3.6% vs Aug 31, 2025 (median $963)
840home policies in force
$1,063average cost (mean)
62%of insured homes in high-risk zones (A, V)
$200,000median building coverage

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: 3 FEMA declarations · individual aid · IRS Feb 1, 2027. FEMA declarations and IRS tax relief in Lake County.

Cost by flood zone in Lake 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 zoneMedianMiddle half (25th–75th percentile)AveragePoliciesvs last year
Zone AE
High risk		$970$761–$1,318$1,090437 (52%)+2.1%
Zone A
High risk		$854$649–$1,010$86029 (3%)+5.3%
Zone AH
High risk, shallow		$1,162$1,040–$1,381$1,22157 (7%)+6.6%
Zone X
Moderate to low risk		$1,024$719–$1,231$1,015317 (38%)+5.8%

Not shown (fewer than 10 home policies): VE, AO, 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 Lake County, by what they insure.

Type of buildingPoliciesMedianAverage
Single-family home817$998$1,065
2–4 unit building13$1,031$1,204
Non-residential building or unit
Businesses, churches, farm buildings and other non-residential property.		146$1,820$2,404

Not shown (fewer than 10 policies): manufactured (mobile) home, condo or apartment unit, whole residential building (5+ units or condo association).

995NFIP policies in force, any building
1,005insured units (condo association policies count every unit)
60%of home policies also cover contents
$100,000median contents coverage, when bought

One year on: Lake 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, 2025Aug 31, 2026Change
Home policies in force892840−5.8%
Median annual cost$963$998+3.6%
Average annual cost$994$1,063+6.9%
All policies in force (any building)1,043995−4.6%

How many homes have flood insurance?

0.5%of all homes in Lake County have an NFIP policy
26.2%of homes in high-risk zones (special flood hazard area) have one
178,929residential buildings counted by FEMA
2,019of them in high-risk zones

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 Lake County, Indiana have filed 3,016 flood claims. 2,275 received a payment, for a total of $49.4 million (an average of $21,734 per paid claim). The year with the most claims was 2008 (919 claims). Amounts are in dollars of the time, not adjusted for inflation.

02505007501k1978: 14 claims1979: 29 claims, 21 paid, $72,086 in total1980: 15 claims, 11 paid, $26,678 in total19801981: 241 claims, 196 paid, $636,214 in total19811982: 110 claims, 69 paid, $202,901 in total1983: 102 claims, 51 paid, $160,499 in total1985: 19 claims, 10 paid, $44,390 in total1987: 11 claims1989: 71 claims, 27 paid, $116,242 in total1990: 231 claims, 178 paid, $4,361,808 in total19901993: 51 claims, 15 paid, $23,621 in total1996: 57 claims, 28 paid, $120,718 in total1997: 15 claims2000: 15 claims20002002: 15 claims2003: 16 claims2006: 692 claims, 597 paid, $6,882,619 in total20062007: 119 claims, 84 paid, $1,824,394 in total2008: 919 claims, 818 paid, $33,067,115 in total20082009: 12 claims2010: 17 claims20102011: 14 claims2013: 16 claims, 12 paid, $71,951 in total2014: 21 claims, 11 paid, $254,583 in total2015: 12 claims2018: 35 claims, 25 paid, $721,870 in total2019: 19 claims, 14 paid, $338,830 in total2020: 14 claims, 12 paid, $66,560 in total20202026: 38 claims, 15 paid, $108,549 in total
Flood claims per year of loss, 1978–2026. Years with fewer than 10 claims are left blank. Hover a bar for details.
All years with at least 10 claims (29)

Swipe the table sideways to see all columns.

Year of lossClaimsPaid claimsTotal paidAverage per paid claim
20263815$108,549$7,237
20201412$66,560$5,547
20191914$338,830$24,202
20183525$721,870$28,875
201512<10––
20142111$254,583$23,144
20131612$71,951$5,996
201114<10––
201017<10––
200912<10––
2008919818$33,067,115$40,424
200711984$1,824,394$21,719
2006692597$6,882,619$11,529
200316<10––
200215<10––
200015<10––
199715<10––
19965728$120,718$4,311
19935115$23,621$1,575
1990231178$4,361,808$24,505
19897127$116,242$4,305
198711<10––
19851910$44,390$4,439
198310251$160,499$3,147
198211069$202,901$2,941
1981241196$636,214$3,246
19801511$26,678$2,425
19792921$72,086$3,433
197814<10––

From 2016 to 2026: 106 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.

Main NFIP communities in the county

Unincorporated Lake County (130 home policies) · Merrillville (100 home policies) · Dyer (86 home policies) · Munster (85 home policies) · Highland (71 home policies) · Griffith (68 home policies)