Menu

Flood insurance cost · RI

Flood insurance cost in Rhode Island

What homeowners with a National Flood Insurance Program policy actually pay, from FEMA's records of 7,998 home policies in force on August 31, 2026.

Rhode IslandPolicies in force on Aug 31, 2026

Median annual cost of NFIP flood insurance for a home

$1,204a year

Half of insured homes paid between $857 and $1,647. That is 11% more than the national median ($1,082). Most insured homes here are rated in zone AE (53%).

$0$857 · $1,204 · $1,647$2,059
+5.9% vs Aug 31, 2025 (median $1,137)
7,998home policies in force
$1,379average cost (mean)
66%of insured homes in high-risk zones (A, V)
$250,000median 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 Rhode Island

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 VE / V
High risk, coastal		$1,593$1,135–$2,220$1,849945 (12%)+5.2%
Zone AE
High risk		$1,388$1,038–$1,862$1,5684,212 (53%)+4.3%
Zone A
High risk		$1,029$730–$1,529$1,23195 (1%)+14.8%
Zone X
Moderate to low risk		$871$636–$1,198$9322,741 (34%)+0.7%

Not shown (fewer than 10 home policies): 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 Rhode Island, by what they insure.

Type of buildingPoliciesMedianAverage
Single-family home7,330$1,207$1,387
2–4 unit building415$1,426$1,661
Manufactured (mobile) home13$1,205$1,383
Condo or apartment unit240$612$662
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.		341$1,947$4,198
Non-residential building or unit
Businesses, churches, farm buildings and other non-residential property.		896$3,010$4,057
9,235NFIP policies in force, any building
11,328insured units (condo association policies count every unit)
68%of home policies also cover contents
$100,000median contents coverage, when bought

One year on: Rhode Island

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 force8,2507,998−3.1%
Median annual cost$1,137$1,204+5.9%
Average annual cost$1,306$1,379+5.6%
All policies in force (any building)9,4929,235−2.7%

Flood claims history

Since 1978, NFIP policyholders in Rhode Island have filed 7,026 flood claims. 5,065 received a payment, for a total of $139.5 million (an average of $27,537 per paid claim). The year with the most claims was 2010 (1,782 claims). Amounts are in dollars of the time, not adjusted for inflation.

05001k1.5k2k1978: 349 claims, 244 paid, $793,283 in total1979: 221 claims, 171 paid, $2,094,501 in total1980: 54 claims, 31 paid, $131,214 in total19801981: 10 claims1982: 220 claims, 165 paid, $2,197,314 in total1983: 161 claims, 109 paid, $1,129,605 in total1984: 77 claims, 43 paid, $605,538 in total1985: 153 claims, 51 paid, $293,656 in total1986: 31 claims, 18 paid, $271,752 in total1987: 54 claims, 19 paid, $122,100 in total1988: 10 claims1990: 10 claims19901991: 726 claims, 484 paid, $6,585,706 in total19911992: 106 claims, 58 paid, $692,444 in total1993: 70 claims, 37 paid, $563,337 in total1994: 45 claims, 25 paid, $331,006 in total1996: 23 claims, 15 paid, $126,016 in total1997: 33 claims, 25 paid, $149,855 in total1998: 149 claims, 83 paid, $1,569,640 in total1999: 39 claims, 22 paid, $500,626 in total2000: 15 claims20002001: 99 claims, 69 paid, $872,508 in total2003: 21 claims2004: 13 claims2005: 414 claims, 342 paid, $11,114,814 in total2006: 63 claims, 49 paid, $1,637,736 in total2007: 119 claims, 86 paid, $2,162,757 in total2008: 55 claims, 42 paid, $871,976 in total2009: 34 claims, 25 paid, $194,932 in total2010: 1,782 claims, 1,450 paid, $43,840,149 in total201020102011: 103 claims, 68 paid, $2,220,670 in total2012: 1,094 claims, 876 paid, $38,832,875 in total20122013: 40 claims, 23 paid, $472,954 in total2014: 43 claims, 24 paid, $143,059 in total2015: 25 claims2018: 55 claims, 37 paid, $527,959 in total2019: 10 claims2020: 16 claims, 12 paid, $122,741 in total20202021: 74 claims, 49 paid, $1,659,832 in total2022: 58 claims, 40 paid, $2,051,591 in total2023: 137 claims, 94 paid, $7,831,164 in total2024: 166 claims, 114 paid, $5,624,394 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 (42)

Swipe the table sideways to see all columns.

Year of lossClaimsPaid claimsTotal paidAverage per paid claim
2024166114$5,624,394$49,337
202313794$7,831,164$83,310
20225840$2,051,591$51,290
20217449$1,659,832$33,874
20201612$122,741$10,228
201910<10––
20185537$527,959$14,269
201525<10––
20144324$143,059$5,961
20134023$472,954$20,563
20121,094876$38,832,875$44,330
201110368$2,220,670$32,657
20101,7821,450$43,840,149$30,235
20093425$194,932$7,797
20085542$871,976$20,761
200711986$2,162,757$25,148
20066349$1,637,736$33,423
2005414342$11,114,814$32,499
200413<10––
200321<10––
20019969$872,508$12,645
200015<10––
19993922$500,626$22,756
199814983$1,569,640$18,911
19973325$149,855$5,994
19962315$126,016$8,401
19944525$331,006$13,240
19937037$563,337$15,225
199210658$692,444$11,939
1991726484$6,585,706$13,607
199010<10––
198810<10––
19875419$122,100$6,426
19863118$271,752$15,097
198515351$293,656$5,758
19847743$605,538$14,082
1983161109$1,129,605$10,363
1982220165$2,197,314$13,317
198110<10––
19805431$131,214$4,233
1979221171$2,094,501$12,249
1978349244$793,283$3,251

From 2016 to 2026: 516 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.

Counties in Rhode Island

Counties with at least 100 NFIP home policies in force have their own page.

ZIP codes with the most insured homes