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Flood insurance cost · Broome County, NY

Flood insurance cost in Broome County, New York

What homeowners with a National Flood Insurance Program policy actually pay, from FEMA's records of 1,190 home policies in force on August 31, 2026.

Broome County, New YorkPolicies in force on Aug 31, 2026

Median annual cost of NFIP flood insurance for a home

$1,199a year

Half of insured homes paid between $964 and $1,407. That is 9% less than the New York median ($1,313). Most insured homes here are rated in zone X (68%).

$0$964 · $1,199 · $1,407$1,759
+16.3% vs Aug 31, 2025 (median $1,031)
1,190home policies in force
$1,391average cost (mean)
32%of insured homes in high-risk zones (A, V)
$165,000median 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.

Cost by flood zone in Broome 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		$1,624$1,073–$2,536$1,902333 (28%)+10.4%
Zone A
High risk		$1,458$1,089–$2,492$1,89946 (4%)+8.7%
Zone X
Moderate to low risk		$1,178$912–$1,319$1,145804 (68%)+15.0%

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

Type of buildingPoliciesMedianAverage
Single-family home1,074$1,199$1,400
2–4 unit building86$1,304$1,459
Manufactured (mobile) home17$984$1,081
Condo or apartment unit13$409$547
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.		36$1,793$3,531
Non-residential building or unit
Businesses, churches, farm buildings and other non-residential property.		317$2,817$3,828
1,543NFIP policies in force, any building
1,543insured units (condo association policies count every unit)
77%of home policies also cover contents
$71,000median contents coverage, when bought

One year on: Broome 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 force1,2961,190−8.2%
Median annual cost$1,031$1,199+16.3%
Average annual cost$1,238$1,391+12.4%
All policies in force (any building)1,6781,543−8.0%

How many homes have flood insurance?

1.8%of all homes in Broome County have an NFIP policy
–of homes in high-risk zones (special flood hazard area) have one
70,396residential buildings counted by FEMA
0of 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 Broome County, New York have filed 3,113 flood claims. 2,798 received a payment, for a total of $138.4 million (an average of $49,463 per paid claim). The year with the most claims was 2011 (1,416 claims). Amounts are in dollars of the time, not adjusted for inflation.

05001k1.5k2k1978: 14 claims, 10 paid, $17,325 in total1979: 159 claims, 134 paid, $469,042 in total19801981: 49 claims, 42 paid, $195,727 in total1982: 12 claims1983: 100 claims, 83 paid, $512,266 in total1984: 16 claims, 12 paid, $21,057 in total1986: 50 claims, 34 paid, $149,699 in total19901993: 119 claims, 91 paid, $593,588 in total1996: 98 claims, 77 paid, $1,007,279 in total2000: 10 claims20002004: 114 claims, 108 paid, $2,989,881 in total2005: 167 claims, 150 paid, $2,651,249 in total20052006: 598 claims, 573 paid, $33,767,590 in total20062010: 14 claims20102011: 1,416 claims, 1,326 paid, $92,787,131 in total20112017: 25 claims, 19 paid, $452,838 in total2018: 45 claims, 44 paid, $1,489,327 in total20202021: 15 claims, 14 paid, $423,986 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 (18)

Swipe the table sideways to see all columns.

Year of lossClaimsPaid claimsTotal paidAverage per paid claim
20211514$423,986$30,285
20184544$1,489,327$33,848
20172519$452,838$23,834
20111,4161,326$92,787,131$69,975
201014<10––
2006598573$33,767,590$58,931
2005167150$2,651,249$17,675
2004114108$2,989,881$27,684
200010<10––
19969877$1,007,279$13,082
199311991$593,588$6,523
19865034$149,699$4,403
19841612$21,057$1,755
198310083$512,266$6,172
198212<10––
19814942$195,727$4,660
1979159134$469,042$3,500
19781410$17,325$1,732

From 2016 to 2026: 85 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

Vestal (260 home policies) · Union (198 home policies) · Conklin (168 home policies) · Binghamton (142 home policies) · Johnson City (97 home policies) · Chenango (65 home policies)