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Original Data · 1,429 Policies

Residential
Flood Insurance
Statistics

Real Premium Data From Actual Closed Homeowner Policies

Every number on this page comes from a real residential flood insurance policy in our system — premiums we quoted, policies we bound, and homeowners we serve. Not estimates, not survey data, not national average projections. Real data, updated quarterly.

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Lowest AE Premium

 

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Lowest X Premium

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Carriers Compared

 

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States Ranked

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Data Tables

About This Data

The Only Statistics Page Backed by Real Policy Data

These statistics come from real residential flood insurance policies placed by The Flood Insurance Guru for homeowners across the United States. Every number on this page is from an actual policy in our system — premiums we quoted, policies we bound, and homeowners we serve.

This is not estimated data, not survey data, and not national average projections.

Residential Cost by Flood Zone

Flood zone is the single biggest factor in residential premium pricing. Below is real cost data broken down by the four zones we see most often in our book of business.

Historic homes in downtown Opelika, Alabama located close to local creek flood zones

 

Zone AE High Risk · Lender Required

From 1,176 closed residential Zone AE policies, here's the actual range of premiums we've placed:

Statistic Value
Lowest premium $119/yr
Highest premium $31,723/yr
Most common range $250 – $2,000/yr
Policies over $2,000/yr 109 (9.3% of book)
Most common deductible $5,000
Most common carrier CatCoverage

Zone X Moderate / Low Risk · Not Required

From 253 closed residential Zone X policies:

Statistic Value
Lowest premium $100/yr
Most common range $100 – $500/yr
Most common deductible $5,000

Zone A High Risk · No Base Flood Elevation

Statistic Value
Typical range $289 – $3,500/yr
Key factor Elevation certificate reduces premiums by providing actual data vs FEMA defaults

Zone VE Coastal High Hazard · Wave Action

Statistic Value
Range from our policies $2,884 – $8,108/yr
Typical range $3,000 – $8,000/yr
Key driver Storm surge and wave action exposure

Residential Cost by State

Top 10 states by residential deal volume in our book, ranked by total closed policies:

# State Deals Zone AE Range Zone X Range
01 Alabama 724 $119 – $5,000+/yr $100 – $500/yr
02 Florida 224 $250 – $10,000+/yr $150 – $800/yr
03 Georgia 192 $100 – $9,981/yr $250 – $492/yr
04 Texas 189 $119 – $5,500/yr $100 – $800/yr
05 Tennessee 168 $250 – $4,000/yr $100 – $700/yr
06 Ohio 108 $119 – $4,000/yr $100 – $600/yr
07 New York 92 $250 – $5,000+/yr $200 – $800/yr
08 Virginia 66 $250 – $5,000/yr $100 – $700/yr
09 Missouri 60 $250 – $4,000/yr $100 – $650/yr
10 Pennsylvania 59 $250 – $4,500/yr $100 – $700/yr
Additional States with 40+ Residential Deals

North Carolina (60) · Indiana (57) · Louisiana (57) · New Jersey (52) · California (49) · Kentucky (47) · Mississippi (45) · South Carolina (41) · Connecticut (40)

Georgia Deep Dive

From 71 closed Georgia residential deals, here's the city-level data we see across the state:

City / Region Deals Premium Range Top Carrier
Atlanta metro 15+ $252 – $1,581/yr Argenia
North GA mountains 8 $100 – $958/yr CatCoverage
Augusta / CSRA 7 $289 – $2,325/yr Mixed
Savannah / coastal 4 $1,041 – $9,981/yr Mixed
Chattanooga border 5 $250 – $958/yr Neptune
Lake Oconee 8 $300 – $2,500/yr CatCoverage
Private Market Dominance

96% of Georgia deals are placed through private carriers. Only 3 are NFIP.

Residential Carrier Comparison

Here's how the 10 most active residential carriers compare across our entire national book:

Carrier AE Low AE High X Low Best For
CatCoverage $119 $2,500 $100 Properties with good elevation
Argenia $250 $13,000 — Standard residential
Neptune $181 $10,720 $181 Mid-range residential
Sterling Underwriters $230 $9,001 — Low deductible options
Palomar $136 $333 $187 Modern construction
Wright Flood $146 $31,723 $100 Complex or high-value homes
Superior $200 $3,168 — Mid-market residential
TFIA $228 $7,225 — Varied risk profiles
AON Edge $312 $9,686 — Higher-risk properties
NFIP Direct Varies $15,094 Varies When private unavailable

Deductible Impact

Choosing a higher deductible is one of the most direct ways to lower a residential flood insurance premium:

Deductible Impact Usage
$1,000 Highest premium Lowest out-of-pocket
$2,000 Moderate Default NFIP option
$5,000 20–30% savings Most low-premium policies
$10,000 Max savings Budget-conscious
Real Savings

Increasing your deductible from $1,000 to $5,000 typically saves 20–30%. Most of our lowest-premium policies use a $5,000 deductible.

Foundation Type Impact

Foundation type is a major rating factor under Risk Rating 2.0. The reason: foundations determine how much of the home is exposed to floodwater and how severely it's damaged when water reaches the structure.

 

Foundation Relative Cost Why
Slab Lowest Water flows around structure, minimal below-grade damage
Crawlspace +10–15% Some below-grade exposure
Basement +15–20% Below-grade = severe damage to HVAC, electrical, stored items

The Five Factors Under Risk Rating 2.0

one

Elevation vs BFE

Elevation relative to Base Flood Elevation — the single biggest factor.
two

Distance to Water

Distance to nearest flood source, measured precisely under RR2.0
three

Foundation Type

Slab, crawlspace, or basement — each rated differently.
four

Building Age

Post-FIRM vs pre-FIRM construction and methods.
five

Claims History

Flood claims history follows the property, not the owner.

Key Residential Industry Statistics

Beyond our own book, here are the broader industry data points every homeowner should know:

Statistic Data Point
NFIP annual increase cap 18% per year (RR2.0)
Year most policies reach full rate ~2037 (GAO estimate)
Flood claims from outside high-risk zones 1 in 3 (33%)
Homes flooded outside flood zones during Harvey 70%+
Average flood insurance claim $100,000+
NFIP residential building coverage cap $250,000
NFIP residential contents coverage cap $100,000
Standard NFIP waiting period 30 days*
Texas homeowners who dropped NFIP post-RR2.0 45,000+
*Loan Closing Exception

The standard 30-day NFIP waiting period is waived if flood insurance is required as a condition of a federally-backed mortgage at loan closing.
About the Author

Chris Greene

Founder & Agency Owner · The Flood Insurance Guru

 

Data compiled and analyzed by Chris Greene, founder of The Flood Insurance Guru. Master's degree in Emergency Management. 12,000+ flood insurance policies placed nationwide. Recognized as one of the leading flood insurance specialists in the United States, with 5,000+ flood education videos produced and an active client base across all 50 states.

Chris

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