Flood insurance cost · ZIP 08243 · NJ

Flood insurance cost in ZIP 08243 (Sea Isle City, NJ)

What homeowners with a National Flood Insurance Program policy actually pay, from FEMA's records of 818 home policies in force on August 31, 2026.

ZIP code 08243 (Sea Isle City, NJ)Policies in force on Aug 31, 2026

Median annual cost of NFIP flood insurance for a home

$1,118a year

Half of insured homes paid between $689 and $1,575. That is 18% less than the Cape May County median ($1,371). Most insured homes here are rated in zone AE (92%).

$0$689 · $1,118 · $1,575$1,969

+12.7% vs Aug 31, 2025 (median $992)

818home policies in force

$1,228average cost (mean)

96%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 08243

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	$1,076	$608–$1,424	$1,127	18 (2%)	+13.1%
Zone AE High risk	$1,119	$690–$1,593	$1,231	749 (92%)	+12.8%
Zone AO High risk, shallow	$1,322	$1,031–$1,946	$1,638	19 (2%)	+10.7%
Zone X Moderate to low risk	$995	$617–$1,317	$966	32 (4%)	+11.3%

Not shown (fewer than 10 home policies): A, 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 08243, by what they insure.

Type of building	Policies	Median	Average
Single-family home	421	$1,252	$1,391
2–4 unit building	187	$1,338	$1,490
Condo or apartment unit	210	$592	$668
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.	2,040	$1,675	$2,085
Non-residential building or unit Businesses, churches, farm buildings and other non-residential property.	50	$3,346	$4,385

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

2,908NFIP policies in force, any building

5,870insured units (condo association policies count every unit)

82%of home policies also cover contents

$88,000median contents coverage, when bought

One year on: ZIP code 08243

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	859	818	−4.8%
Median annual cost	$992	$1,118	+12.7%
Average annual cost	$1,131	$1,228	+8.6%
All policies in force (any building)	2,987	2,908	−2.6%

Flood claims history

Since 1978, NFIP policyholders in ZIP 08243 have filed 2,967 flood claims. 2,336 received a payment, for a total of $38.3 million (an average of $16,408 per paid claim). The year with the most claims was 2012 (1,268 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 (16)

Swipe the table sideways to see all columns.

Year of loss	Claims	Paid claims	Total paid	Average per paid claim
2016	196	157	$3,131,074	$19,943
2012	1,268	1,032	$26,201,942	$25,389
2011	16	<10	–	–
2009	65	46	$861,948	$18,738
2008	12	11	$91,394	$8,309
2003	10	<10	–	–
1998	223	181	$2,104,806	$11,629
1996	60	47	$276,892	$5,891
1994	152	122	$845,548	$6,931
1993	10	<10	–	–
1992	392	330	$2,883,467	$8,738
1991	22	19	$117,579	$6,188
1989	11	<10	–	–
1985	108	77	$298,588	$3,878
1984	252	196	$938,350	$4,788
1980	66	54	$159,474	$2,953

From 2016 to 2026: 196 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

Sea Isle City (814 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.