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Flood insurance cost · ZIP 29582 · SC

Flood insurance cost in ZIP 29582 (North Myrtle Beach, SC)

What homeowners with a National Flood Insurance Program policy actually pay, from FEMA's records of 2,930 home policies in force on August 31, 2026.

ZIP code 29582 (North Myrtle Beach, SC)Policies in force on Aug 31, 2026

Median annual cost of NFIP flood insurance for a home

$980a year

Half of insured homes paid between $597 and $1,582. That is 53% more than the Horry County median ($642). The most common flood zone for insured homes here is zone AE (49%).

$0$597 · $980 · $1,582$1,978
+9.9% vs Aug 31, 2025 (median $892)
2,930home policies in force
$1,522average cost (mean)
51%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 29582

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		$2,197$1,250–$3,704$2,53263 (2%)+6.5%
Zone AE
High risk		$1,482$1,128–$2,960$2,3061,441 (49%)+11.9%
Zone X
Moderate to low risk		$601$457–$789$6851,426 (49%)+0.7%

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 29582, by what they insure.

Type of buildingPoliciesMedianAverage
Single-family home2,610$1,028$1,537
2–4 unit building90$2,587$3,154
Manufactured (mobile) home17$768$725
Condo or apartment unit213$613$707
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.		436$5,114$10,515
Non-residential building or unit
Businesses, churches, farm buildings and other non-residential property.		118$2,550$5,327
3,484NFIP policies in force, any building
13,232insured units (condo association policies count every unit)
87%of home policies also cover contents
$100,000median contents coverage, when bought

One year on: ZIP code 29582

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 force3,1392,930−6.7%
Median annual cost$892$980+9.9%
Average annual cost$1,402$1,522+8.6%
All policies in force (any building)3,6993,484−5.8%

Flood claims history

Since 1978, NFIP policyholders in ZIP 29582 have filed 4,310 flood claims. 2,753 received a payment, for a total of $60.3 million (an average of $21,911 per paid claim). The year with the most claims was 1989 (1,227 claims). Amounts are in dollars of the time, not adjusted for inflation.

05001k1.5k2k1979: 41 claims, 19 paid, $32,002 in total19801984: 13 claims1986: 36 claims, 15 paid, $54,244 in total1987: 387 claims, 295 paid, $948,008 in total19871989: 1,227 claims, 1,081 paid, $30,093,898 in total198919901991: 11 claims1993: 109 claims, 66 paid, $511,280 in total1994: 10 claims1996: 382 claims, 75 paid, $857,817 in total1998: 386 claims1999: 331 claims, 154 paid, $1,716,671 in total2000: 14 claims, 11 paid, $117,819 in total20002004: 22 claims2008: 17 claims20102015: 220 claims, 162 paid, $3,709,856 in total2016: 471 claims, 339 paid, $8,446,105 in total20162018: 32 claims, 15 paid, $263,396 in total2020: 225 claims, 190 paid, $4,242,070 in total20202022: 234 claims, 202 paid, $7,781,260 in total2023: 33 claims, 30 paid, $567,964 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 (20)

Swipe the table sideways to see all columns.

Year of lossClaimsPaid claimsTotal paidAverage per paid claim
20233330$567,964$18,932
2022234202$7,781,260$38,521
2020225190$4,242,070$22,327
20183215$263,396$17,560
2016471339$8,446,105$24,915
2015220162$3,709,856$22,900
200817<10––
200422<10––
20001411$117,819$10,711
1999331154$1,716,671$11,147
1998386<10––
199638275$857,817$11,438
199410<10––
199310966$511,280$7,747
199111<10––
19891,2271,081$30,093,898$27,839
1987387295$948,008$3,214
19863615$54,244$3,616
198413<10––
19794119$32,002$1,684

From 2016 to 2026: 995 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

North Myrtle Beach (2,795 home policies) · Unincorporated Horry County (124 home policies) · Atlantic Beach (11 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.