Menu

Flood insurance cost · ZIP 28465 · NC

Flood insurance cost in ZIP 28465 (Oak Island, NC)

What homeowners with a National Flood Insurance Program policy actually pay, from FEMA's records of 3,194 home policies in force on August 31, 2026.

ZIP code 28465 (Oak Island, NC)Policies in force on Aug 31, 2026

Median annual cost of NFIP flood insurance for a home

$1,080a year

Half of insured homes paid between $788 and $1,591. That is 11% more than the Brunswick County median ($971). Most insured homes here are rated in zone AE (57%).

$0$788 · $1,080 · $1,591$1,989
+10.4% vs Aug 31, 2025 (median $978)
3,194home policies in force
$1,353average cost (mean)
71%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 28465

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 VE / V
High risk, coastal		$2,198$1,509–$2,938$2,423445 (14%)+4.6%
Zone AE
High risk		$1,148$914–$1,614$1,3881,810 (57%)+11.7%
Zone X
Moderate to low risk		$727$570–$931$777939 (29%)+2.3%

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 28465, by what they insure.

Type of buildingPoliciesMedianAverage
Single-family home3,121$1,081$1,354
2–4 unit building34$1,614$1,798
Manufactured (mobile) home22$802$971
Condo or apartment unit17$734$759
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.		110$1,147$2,242
Non-residential building or unit
Businesses, churches, farm buildings and other non-residential property.		26$1,794$2,830
3,330NFIP policies in force, any building
3,854insured units (condo association policies count every unit)
78%of home policies also cover contents
$100,000median contents coverage, when bought

One year on: ZIP code 28465

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 force3,2613,194−2.1%
Median annual cost$978$1,080+10.4%
Average annual cost$1,248$1,353+8.4%
All policies in force (any building)3,4023,330−2.1%

Flood claims history

Since 1978, NFIP policyholders in ZIP 28465 have filed 2,847 flood claims. 1,774 received a payment, for a total of $27.1 million (an average of $15,257 per paid claim). The year with the most claims was 1999 (684 claims). Amounts are in dollars of the time, not adjusted for inflation.

02004006008001979: 21 claims, 10 paid, $46,428 in total19801984: 42 claims, 17 paid, $64,266 in total1985: 22 claims, 10 paid, $21,970 in total1986: 16 claims1987: 68 claims, 52 paid, $368,561 in total1989: 347 claims, 302 paid, $2,528,081 in total198919901991: 13 claims1993: 182 claims, 145 paid, $816,250 in total1994: 39 claims, 24 paid, $280,667 in total1995: 49 claims, 26 paid, $348,091 in total1996: 218 claims, 92 paid, $700,501 in total1998: 153 claims, 34 paid, $243,858 in total1999: 684 claims, 478 paid, $10,240,618 in total199920002001: 10 claims2004: 108 claims2005: 85 claims, 46 paid, $568,437 in total20102015: 10 claims2016: 76 claims, 48 paid, $992,464 in total2018: 202 claims, 121 paid, $2,915,461 in total2020: 389 claims, 272 paid, $5,018,515 in total202020202024: 47 claims, 42 paid, $1,284,873 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 (21)

Swipe the table sideways to see all columns.

Year of lossClaimsPaid claimsTotal paidAverage per paid claim
20244742$1,284,873$30,592
2020389272$5,018,515$18,450
2018202121$2,915,461$24,095
20167648$992,464$20,676
201510<10––
20058546$568,437$12,357
2004108<10––
200110<10––
1999684478$10,240,618$21,424
199815334$243,858$7,172
199621892$700,501$7,614
19954926$348,091$13,388
19943924$280,667$11,694
1993182145$816,250$5,629
199113<10––
1989347302$2,528,081$8,371
19876852$368,561$7,088
198616<10––
19852210$21,970$2,197
19844217$64,266$3,780
19792110$46,428$4,643

From 2016 to 2026: 714 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

Oak Island (2,930 home policies) · Caswell Beach (263 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.