Flood insurance cost in New York
In New York, the lowest private flood insurance quote ran $899 a year and the typical private quote ran $1,900. The NFIP quote ran $2,488.
Private and NFIP quotes compared
Where a property was quoted both ways, the lowest private quote came in a median 63% below the NFIP quote, and private was the cheaper option for 91% of those 149 properties. The typical private quote came in 25% below NFIP.
Median annual premiums from 1,949 carrier quotes. Lowest is the cheapest private quote a property received, typical is the middle one.
By flood zone and property type
| Group | Lowest private | Typical private | NFIP | Carrier quotes |
|---|---|---|---|---|
| Zone X, B and C (moderate to low risk) | $496 | $882 | $1,070 | 535 |
| Zone A, AE, AH and AO (high risk) | $1,141 | $2,334 | $3,147 | 1,410 |
| Residential properties | $899 | $1,882 | $2,445 | 1,933 |
How quotes have moved since 2020
- Lowest private quote$726 in 2026
- Typical private quote$1,561 in 2026
- NFIP quote$2,489 in 2026
Dashed lines span years with too few quotes to report a figure.
* 2026 is still in progress and runs through the latest update.
| Year | Lowest private | Typical private | NFIP | Carrier quotes |
|---|---|---|---|---|
| 2020 | $1,463 | $2,488 | $3,384 | 1,569 |
| 2021 | $1,352 | $2,377 | $3,312 | 1,583 |
| 2022 | $1,455 | $2,823 | n/a | 476 |
| 2023 | $1,264 | $2,139 | n/a | 268 |
| 2024 | $1,138 | $2,348 | $2,043 | 649 |
| 2025 | $1,086 | $2,073 | $2,539 | 1,021 |
| 2026* | $726 | $1,561 | $2,489 | 782 |
Counties in New York
| County | Lowest private | Typical private | NFIP | Lowest private vs NFIP | Carrier quotes |
|---|---|---|---|---|---|
| Suffolk County | $1,123 | $1,719 | $3,541 | n/a | 368 |
| Nassau County | $1,305 | $2,329 | $2,772 | n/a | 281 |
Only places where at least 20 different properties were quoted in the period are listed.
See what your property is quoted
The index is a median. Your price depends on your flood zone, elevation and coverage. Compare NFIP and private carriers for your address.
Common questions
- How much does flood insurance cost in New York?
- From Oct 2024 to Oct 2026, the typical private flood insurance quote in New York was $1,900 a year and the lowest private quote a property received was $899. NFIP quotes ran $2,488. These are medians of quotes run through Insurox, not premiums paid, and your own price depends on your property.
- Is private flood insurance cheaper than NFIP in New York?
- Where a property was quoted both ways, the lowest private quote came in a median 63% below the NFIP quote, and private was the cheaper option for 91% of those 149 properties. The typical private quote came in 25% below NFIP.
- How much does the flood zone change the price in New York?
- Properties in high-risk A zones were quoted a typical $2,334 a year for private flood insurance, against $882 in moderate to low risk X zones. The lowest quotes ran $1,141 and $496.
- Where do these numbers come from?
- From 1,949 carrier quotes returned to property owners who asked for flood insurance quotes through Insurox between Oct 2024 to Oct 2026. A place is only published when at least 20 different properties were quoted there.
More about flood insurance in New York
- Flood insurance in New York: what it covers, who needs it and how to get quotes.
- NFIP (FEMA) flood insurance
- Private flood insurance
- Commercial flood insurance
These figures are statistics about quotes, not an offer of insurance. Read how the index is calculated or go back to the national index.