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Flood insurance cost · ZIP 77550 · TX

Flood insurance cost in ZIP 77550 (Galveston, TX)

What homeowners with a National Flood Insurance Program policy actually pay, from FEMA's records of 4,767 home policies in force on August 31, 2026.

ZIP code 77550 (Galveston, TX)Policies in force on Aug 31, 2026

Median annual cost of NFIP flood insurance for a home

$1,370a year

Half of insured homes paid between $1,093 and $1,856. That is 13% more than the Galveston County median ($1,214). Most insured homes here are rated in zone AE (84%).

$0$1,093 · $1,370 · $1,856$2,320
+8.1% vs Aug 31, 2025 (median $1,267)
4,767home policies in force
$1,583average cost (mean)
92%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 77550

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		$2,166$1,298–$3,094$2,524311 (7%)+2.3%
Zone AE
High risk		$1,390$1,090–$1,840$1,5464,027 (84%)+8.4%
Zone AO
High risk, shallow		$1,193$1,006–$1,400$1,33439 (1%)+17.9%
Zone X
Moderate to low risk		$1,231$1,080–$1,314$1,235390 (8%)+14.5%

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 77550, by what they insure.

Type of buildingPoliciesMedianAverage
Single-family home4,205$1,384$1,612
2–4 unit building386$1,492$1,621
Condo or apartment unit175$662$799
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.		275$4,581$6,189
Non-residential building or unit
Businesses, churches, farm buildings and other non-residential property.		555$5,519$6,964

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

5,597NFIP policies in force, any building
6,881insured units (condo association policies count every unit)
76%of home policies also cover contents
$66,000median contents coverage, when bought

One year on: ZIP code 77550

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 force4,9704,767−4.1%
Median annual cost$1,267$1,370+8.1%
Average annual cost$1,482$1,583+6.8%
All policies in force (any building)5,8235,597−3.9%

Flood claims history

Since 1978, NFIP policyholders in ZIP 77550 have filed 8,119 flood claims. 6,543 received a payment, for a total of $319.5 million (an average of $48,829 per paid claim). The year with the most claims was 2008 (5,399 claims). Amounts are in dollars of the time, not adjusted for inflation.

02k4k6k8k1979: 73 claims, 45 paid, $110,775 in total1980: 19 claims, 15 paid, $127,211 in total19801981: 308 claims, 274 paid, $2,163,281 in total1983: 717 claims, 386 paid, $4,239,731 in total19831984: 10 claims1988: 32 claims, 20 paid, $42,505 in total1989: 99 claims, 54 paid, $208,939 in total19901991: 18 claims, 11 paid, $50,812 in total1996: 14 claims, 11 paid, $61,722 in total1997: 56 claims, 38 paid, $210,602 in total1998: 321 claims, 247 paid, $2,591,390 in total20002001: 40 claims, 27 paid, $203,244 in total2002: 118 claims, 98 paid, $769,044 in total2003: 60 claims, 44 paid, $491,190 in total2004: 24 claims, 18 paid, $64,784 in total2005: 49 claims, 12 paid, $193,175 in total2006: 33 claims, 23 paid, $196,210 in total2008: 5,399 claims, 4,852 paid, $295,287,432 in total20082009: 10 claims2010: 10 claims20102011: 21 claims2015: 17 claims2017: 467 claims, 235 paid, $9,494,470 in total20172018: 19 claims, 13 paid, $364,648 in total2019: 17 claims, 12 paid, $218,298 in total2020: 26 claims, 14 paid, $192,382 in total20202021: 10 claims2024: 71 claims, 37 paid, $1,829,063 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 (28)

Swipe the table sideways to see all columns.

Year of lossClaimsPaid claimsTotal paidAverage per paid claim
20247137$1,829,063$49,434
202110<10––
20202614$192,382$13,742
20191712$218,298$18,192
20181913$364,648$28,050
2017467235$9,494,470$40,402
201517<10––
201121<10––
201010<10––
200910<10––
20085,3994,852$295,287,432$60,859
20063323$196,210$8,531
20054912$193,175$16,098
20042418$64,784$3,599
20036044$491,190$11,163
200211898$769,044$7,847
20014027$203,244$7,528
1998321247$2,591,390$10,491
19975638$210,602$5,542
19961411$61,722$5,611
19911811$50,812$4,619
19899954$208,939$3,869
19883220$42,505$2,125
198410<10––
1983717386$4,239,731$10,984
1981308274$2,163,281$7,895
19801915$127,211$8,481
19797345$110,775$2,462

From 2016 to 2026: 610 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

Galveston (4,611 home policies) · Jamaica Beach (130 home policies) · Unincorporated Galveston County (25 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.