Flood insurance cost · ZIP 23321 · VA

Flood insurance cost in ZIP 23321 (Chesapeake, VA)

What homeowners with a National Flood Insurance Program policy actually pay, from FEMA's records of 519 home policies in force on August 31, 2026.

ZIP code 23321 (Chesapeake, VA)Policies in force on Aug 31, 2026

Median annual cost of NFIP flood insurance for a home

$635a year

Half of insured homes paid between $517 and $830. That is 11% less than the Chesapeake (city) median ($717). Most insured homes here are rated in zone X (72%).

$0$517 · $635 · $830$1,038

+2.4% vs Aug 31, 2025 (median $620)

519home policies in force

$714average cost (mean)

28%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 23321

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 AE High risk	$893	$716–$1,172	$966	143 (28%)	+2.6%
Zone X Moderate to low risk	$572	$492–$693	$618	376 (72%)	+1.1%

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 23321, by what they insure.

Type of building	Policies	Median	Average
Single-family home	508	$638	$720
Condo or apartment unit	10	$388	$398
Non-residential building or unit Businesses, churches, farm buildings and other non-residential property.	10	$999	$1,100

Not shown (fewer than 10 policies): 2–4 unit building, manufactured (mobile) home, whole residential building (5+ units or condo association).

529NFIP policies in force, any building

529insured units (condo association policies count every unit)

93%of home policies also cover contents

$100,000median contents coverage, when bought

One year on: ZIP code 23321

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	572	519	−9.3%
Median annual cost	$620	$635	+2.4%
Average annual cost	$687	$714	+3.9%
All policies in force (any building)	584	529	−9.4%

Flood claims history

Since 1978, NFIP policyholders in ZIP 23321 have filed 129 flood claims. 80 received a payment, for a total of $882,700 (an average of $11,034 per paid claim). The year with the most claims was 2003 (31 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 (4)

Swipe the table sideways to see all columns.

Year of loss	Claims	Paid claims	Total paid	Average per paid claim
2016	12	11	$172,332	$15,667
2009	16	11	$208,047	$18,913
2003	31	19	$198,090	$10,426
1999	17	<10	–	–

From 2016 to 2026: 12 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

Chesapeake (518 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.