Flood insurance cost · ZIP 06371 · CT

Flood insurance cost in ZIP 06371 (Old Lyme, CT)

What homeowners with a National Flood Insurance Program policy actually pay, from FEMA's records of 406 home policies in force on August 31, 2026.

ZIP code 06371 (Old Lyme, CT)Policies in force on Aug 31, 2026

Median annual cost of NFIP flood insurance for a home

$1,762a year

Half of insured homes paid between $1,325 and $2,356. That is 2% more than the New London County median ($1,724). Most insured homes here are rated in zone AE (55%).

$0$1,325 · $1,762 · $2,356$2,945

+13.2% vs Aug 31, 2025 (median $1,556)

406home policies in force

$2,126average cost (mean)

78%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 06371

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	$3,348	$2,232–$4,489	$3,459	84 (21%)	+5.7%
Zone AE High risk	$1,819	$1,556–$2,095	$2,014	225 (55%)	+14.3%
Zone X Moderate to low risk	$1,202	$932–$1,405	$1,245	88 (22%)	+9.1%

Not shown (fewer than 10 home policies): 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 06371, by what they insure.

Type of building	Policies	Median	Average
Single-family home	389	$1,762	$2,096
2–4 unit building	15	$2,716	$3,000

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

416NFIP policies in force, any building

419insured units (condo association policies count every unit)

69%of home policies also cover contents

$100,000median contents coverage, when bought

One year on: ZIP code 06371

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	415	406	−2.2%
Median annual cost	$1,556	$1,762	+13.2%
Average annual cost	$1,978	$2,126	+7.5%
All policies in force (any building)	423	416	−1.7%

Flood claims history

Since 1978, NFIP policyholders in ZIP 06371 have filed 389 flood claims. 311 received a payment, for a total of $8,791,048 (an average of $28,267 per paid claim). The year with the most claims was 2012 (165 claims). Amounts are in dollars of the time, not adjusted for inflation.

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 (7)

Swipe the table sideways to see all columns.

Year of loss	Claims	Paid claims	Total paid	Average per paid claim
2012	165	153	$7,356,693	$48,083
2011	32	25	$491,143	$19,646
2010	36	26	$319,772	$12,299
2005	17	11	$136,181	$12,380
1992	18	11	$42,075	$3,825
1985	21	11	$30,413	$2,765
1982	50	46	$169,971	$3,695

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

Old Lyme (384 home policies) · Lyme (22 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.