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Flood insurance cost · ZIP 33480 · FL

Flood insurance cost in ZIP 33480 (Palm Beach, FL)

What homeowners with a National Flood Insurance Program policy actually pay, from FEMA's records of 2,126 home policies in force on August 31, 2026.

ZIP code 33480 (Palm Beach, FL)Policies in force on Aug 31, 2026

Median annual cost of NFIP flood insurance for a home

$1,648a year

Half of insured homes paid between $1,233 and $3,234. That is 137% more than the Palm Beach County median ($695). Most insured homes here are rated in zone AE (70%).

$0$1,233 · $1,648 · $3,234$4,042
+16.5% vs Aug 31, 2025 (median $1,414)
2,126home policies in force
$2,416average cost (mean)
74%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 33480

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		$1,035$715–$1,427$1,28180 (4%)+10.5%
Zone AE
High risk		$2,058$1,361–$3,988$2,7751,488 (70%)+15.2%
Zone AO
High risk, shallow		$1,492$1,264–$2,948$2,84711 (1%)–
Zone X
Moderate to low risk		$1,269$1,198–$1,491$1,595547 (26%)+10.0%

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 33480, by what they insure.

Type of buildingPoliciesMedianAverage
Single-family home1,634$1,960$2,771
2–4 unit building13$3,110$3,468
Condo or apartment unit479$1,018$1,174
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.		233$10,320$13,811
Non-residential building or unit
Businesses, churches, farm buildings and other non-residential property.		341$6,210$6,905

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

2,700NFIP policies in force, any building
9,198insured units (condo association policies count every unit)
92%of home policies also cover contents
$100,000median contents coverage, when bought

One year on: ZIP code 33480

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 force2,2352,126−4.9%
Median annual cost$1,414$1,648+16.5%
Average annual cost$2,163$2,416+11.7%
All policies in force (any building)2,8122,700−4.0%

Flood claims history

Since 1978, NFIP policyholders in ZIP 33480 have filed 1,356 flood claims. 739 received a payment, for a total of $16.6 million (an average of $22,482 per paid claim). The year with the most claims was 2004 (304 claims). Amounts are in dollars of the time, not adjusted for inflation.

01002003004001978: 77 claims, 58 paid, $203,052 in total1979: 80 claims, 44 paid, $73,820 in total19801981: 26 claims1982: 64 claims, 34 paid, $118,496 in total1984: 53 claims, 22 paid, $58,402 in total1989: 10 claims19901991: 90 claims, 40 paid, $1,054,831 in total19911992: 19 claims1994: 14 claims, 11 paid, $64,486 in total1995: 32 claims, 21 paid, $154,789 in total1998: 58 claims, 34 paid, $518,626 in total1999: 114 claims, 78 paid, $1,641,605 in total19992000: 55 claims, 42 paid, $565,113 in total20002002: 16 claims2004: 304 claims, 159 paid, $7,358,602 in total20042005: 38 claims, 11 paid, $297,811 in total2006: 70 claims, 55 paid, $1,610,707 in total20102012: 18 claims2014: 75 claims, 58 paid, $1,436,982 in total2017: 30 claims, 11 paid, $276,072 in total2020: 15 claims20202021: 21 claims
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 (22)

Swipe the table sideways to see all columns.

Year of lossClaimsPaid claimsTotal paidAverage per paid claim
202121<10––
202015<10––
20173011$276,072$25,097
20147558$1,436,982$24,776
201218<10––
20067055$1,610,707$29,286
20053811$297,811$27,074
2004304159$7,358,602$46,281
200216<10––
20005542$565,113$13,455
199911478$1,641,605$21,046
19985834$518,626$15,254
19953221$154,789$7,371
19941411$64,486$5,862
199219<10––
19919040$1,054,831$26,371
198910<10––
19845322$58,402$2,655
19826434$118,496$3,485
198126<10––
19798044$73,820$1,678
19787758$203,052$3,501

From 2016 to 2026: 66 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

Palm Beach (2,026 home policies) · South Palm Beach (96 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.