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Flood insurance cost · ZIP 01906 · MA

Flood insurance cost in ZIP 01906 (Saugus, MA)

What homeowners with a National Flood Insurance Program policy actually pay, from FEMA's records of 313 home policies in force on August 31, 2026.

ZIP code 01906 (Saugus, MA)Policies in force on Aug 31, 2026

Median annual cost of NFIP flood insurance for a home

$1,586a year

Half of insured homes paid between $1,169 and $1,927. That is 13% more than the Essex County median ($1,401). Most insured homes here are rated in zone AE (91%).

$0$1,169 · $1,586 · $1,927$2,409
+10.8% vs Aug 31, 2025 (median $1,431)
313home policies in force
$1,734average cost (mean)
93%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 ZIP code 01906

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		$1,595$1,172–$1,970$1,764286 (91%)+11.3%
Zone X
Moderate to low risk		$1,199$950–$1,366$1,30221 (7%)+16.7%

Not shown (fewer than 10 home policies): VE, A, 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 ZIP code 01906, by what they insure.

Type of buildingPoliciesMedianAverage
Single-family home232$1,638$1,837
2–4 unit building69$1,287$1,543
Condo or apartment unit11$821$807
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.		11$2,182$2,523
Non-residential building or unit
Businesses, churches, farm buildings and other non-residential property.		16$5,650$6,425

Not shown (fewer than 10 policies): manufactured (mobile) home.

340NFIP policies in force, any building
360insured units (condo association policies count every unit)
59%of home policies also cover contents
$100,000median contents coverage, when bought

One year on: ZIP code 01906

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 force326313−4.0%
Median annual cost$1,431$1,586+10.8%
Average annual cost$1,610$1,734+7.7%
All policies in force (any building)350340−2.9%

Flood claims history

Since 1978, NFIP policyholders in ZIP 01906 have filed 379 flood claims. 282 received a payment, for a total of $3,351,679 (an average of $11,885 per paid claim). The year with the most claims was 1996 (49 claims). Amounts are in dollars of the time, not adjusted for inflation.

0204060801978: 13 claims, 10 paid, $33,528 in total1979: 21 claims, 17 paid, $48,348 in total19801982: 17 claims, 13 paid, $27,132 in total19901991: 13 claims1996: 49 claims, 34 paid, $137,561 in total19961998: 12 claims, 11 paid, $135,115 in total20002001: 14 claims, 11 paid, $55,387 in total2004: 13 claims, 13 paid, $65,289 in total2006: 48 claims, 42 paid, $643,234 in total20062010: 30 claims, 25 paid, $129,324 in total20102018: 45 claims, 36 paid, $809,920 in total201820202024: 17 claims, 15 paid, $773,530 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 (12)

Swipe the table sideways to see all columns.

Year of lossClaimsPaid claimsTotal paidAverage per paid claim
20241715$773,530$51,569
20184536$809,920$22,498
20103025$129,324$5,173
20064842$643,234$15,315
20041313$65,289$5,022
20011411$55,387$5,035
19981211$135,115$12,283
19964934$137,561$4,046
199113<10––
19821713$27,132$2,087
19792117$48,348$2,844
19781310$33,528$3,353

From 2016 to 2026: 62 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.

NFIP communities in this ZIP code

Saugus (313 home policies). A ZIP code can cross city and county lines; each policy is counted once, in the ZIP code reported for the insured building.