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Flood insurance cost · ZIP 08406 · NJ

Flood insurance cost in ZIP 08406 (Ventnor City, NJ)

What homeowners with a National Flood Insurance Program policy actually pay, from FEMA's records of 1,920 home policies in force on August 31, 2026.

ZIP code 08406 (Ventnor City, NJ)Policies in force on Aug 31, 2026

Median annual cost of NFIP flood insurance for a home

$1,464a year

Half of insured homes paid between $1,185 and $1,814. That is 4% more than the Atlantic County median ($1,411). Most insured homes here are rated in zone AE (82%).

$0$1,185 · $1,464 · $1,814$2,268
+11.1% vs Aug 31, 2025 (median $1,318)
1,920home policies in force
$1,549average cost (mean)
82%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 08406

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		$1,494$1,129–$1,900$1,5651,581 (82%)+8.2%
Zone X
Moderate to low risk		$1,430$1,309–$1,596$1,479338 (18%)+13.7%

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 08406, by what they insure.

Type of buildingPoliciesMedianAverage
Single-family home1,639$1,458$1,530
2–4 unit building239$1,664$1,802
Condo or apartment unit42$780$862
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.		98$3,405$7,291
Non-residential building or unit
Businesses, churches, farm buildings and other non-residential property.		43$4,687$4,697

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

2,061NFIP policies in force, any building
3,502insured units (condo association policies count every unit)
63%of home policies also cover contents
$65,000median contents coverage, when bought

One year on: ZIP code 08406

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 force2,0471,920−6.2%
Median annual cost$1,318$1,464+11.1%
Average annual cost$1,430$1,549+8.3%
All policies in force (any building)2,1972,061−6.2%

Flood claims history

Since 1978, NFIP policyholders in ZIP 08406 have filed 3,936 flood claims. 3,415 received a payment, for a total of $91.3 million (an average of $26,734 per paid claim). The year with the most claims was 2012 (2,179 claims). Amounts are in dollars of the time, not adjusted for inflation.

01k2k3k4k1978: 16 claims, 13 paid, $28,928 in total1979: 21 claims, 11 paid, $10,722 in total1980: 33 claims, 30 paid, $82,354 in total19801984: 107 claims, 86 paid, $362,101 in total1985: 167 claims, 136 paid, $646,111 in total19851987: 39 claims, 28 paid, $178,680 in total1989: 18 claims, 14 paid, $47,098 in total19901991: 52 claims, 43 paid, $331,193 in total1992: 803 claims, 698 paid, $6,653,120 in total19921993: 19 claims, 12 paid, $76,000 in total1994: 79 claims, 60 paid, $280,139 in total1996: 24 claims, 13 paid, $47,326 in total1997: 17 claims, 14 paid, $84,469 in total1998: 71 claims, 49 paid, $253,541 in total1999: 13 claims2000: 15 claims20002002: 19 claims, 15 paid, $118,105 in total2003: 10 claims2009: 45 claims, 32 paid, $325,543 in total2010: 15 claims, 12 paid, $130,576 in total20102011: 21 claims, 14 paid, $128,415 in total2012: 2,179 claims, 2,026 paid, $79,938,950 in total20122016: 17 claims, 13 paid, $314,402 in total2018: 27 claims, 22 paid, $404,093 in total2020: 10 claims2020
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 (25)

Swipe the table sideways to see all columns.

Year of lossClaimsPaid claimsTotal paidAverage per paid claim
202010<10––
20182722$404,093$18,368
20161713$314,402$24,185
20122,1792,026$79,938,950$39,457
20112114$128,415$9,172
20101512$130,576$10,881
20094532$325,543$10,173
200310<10––
20021915$118,105$7,874
200015<10––
199913<10––
19987149$253,541$5,174
19971714$84,469$6,034
19962413$47,326$3,640
19947960$280,139$4,669
19931912$76,000$6,333
1992803698$6,653,120$9,532
19915243$331,193$7,702
19891814$47,098$3,364
19873928$178,680$6,381
1985167136$646,111$4,751
198410786$362,101$4,210
19803330$82,354$2,745
19792111$10,722$975
19781613$28,928$2,225

From 2016 to 2026: 54 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

Ventnor City (1,902 home policies) · Margate City (17 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.