Palm Beach County Home Insurance Premium Tracker
Key takeaways
- According to the Florida Insurance Commissioner's data released August 17, 2026, average property insurance premiums fell in 51 of Florida's 67 counties in the first six months of 2026.
- Statewide, the average homeowners premium with wind coverage is now $3,757 (FLOIR stability report).
- Citizens Property Insurance's approved 2026 rate changes reduce Palm Beach County multiperil rates by 8.0% on average (approx. 70,672 PBC policies affected; average premium moving from about $3,539 toward $3,255 per the approved rate kit).
- Premiums are hyper-local within the county: distance to coast, roof age, and building code year move quotes far more than the county average does.
Palm Beach County homeowners keep hearing two different stories about Florida insurance because statewide filings and individual renewals move differently; the levers that actually change your premium are roof age, opening protection and a documented wind mitigation inspection.
Why homeowners keep hearing two different stories about Florida insurance
Ask a Palm Beach County homeowner about insurance and you will hear it is out of control. Ask the state and you will hear premiums are falling. Both are working from real numbers. This page tracks the primary-source data each time the Florida Office of Insurance Regulation (FLOIR) publishes it, so buyers and sellers can see what is actually happening in Palm Beach County — not a statewide average, and not a headline.
The latest numbers (H1 2026 release, published August 2026)
According to the Florida Insurance Commissioner's data released August 17, 2026, average property insurance premiums fell in 51 of Florida's 67 counties in the first six months of 2026.
| County | Avg premium (start 2026) | Avg premium (mid 2026) | Change |
|---|---|---|---|
| Palm Beach | $6,412 | $6,323 | −1.4% |
| Martin | $5,993 | $5,899 | −1.6% |
| St. Lucie | $3,522 | $3,491 | −0.9% |
| Indian River | $4,453 | $4,334 | −2.7% |
| Okeechobee | $3,754 | $3,730 | −0.6% |
Statewide, the average homeowners premium with wind coverage is now $3,757 (FLOIR stability report). Palm Beach County still pays roughly 68% above the state average — coastal exposure is priced in — but the direction changed for the first time in years.
Citizens is cutting too. Citizens Property Insurance's approved 2026 rate changes reduce Palm Beach County multiperil rates by 8.0% on average (approx. 70,672 PBC policies affected; average premium moving from about $3,539 toward $3,255 per the approved rate kit).
What is driving it
- The 2022-2023 litigation reforms sharply reduced insurer legal costs; new carriers entered Florida.
- Reinsurance costs softened in 2025-2026.
- The condo insurance market specifically "has softened considerably in the last 12 months" (Insurance Journal, Aug 2026).
Windstorm coverage on a Palm Beach County renewal, 2025 to 2026
Most windstorm questions we get come from renewal notices. In Florida, windstorm (hurricane) coverage is normally part of the homeowners policy rather than a separate product, which is why the FLOIR averages above are quoted with wind coverage. What is separate is the deductible: Florida law (section 627.701, Florida Statutes) requires insurers to offer hurricane deductible options of $500, 2 percent, 5 percent or 10 percent of the dwelling limit, applied per hurricane season, alongside the flat deductible for every other peril. A renewal that looks cheaper often got there by moving the hurricane deductible from 2 percent to 5 percent, so compare that line before comparing the premium.
For the 2025 to 2026 renewal cycle the direction in Palm Beach County is down, not up: the county average with wind coverage moved from $6,412 at the start of 2026 to $6,323 by mid-year (-1.4 percent), and Citizens Property Insurance’s approved 2026 rate changes reduce Palm Beach County multiperil rates by 8.0 percent on average. Homes east of the coastal wind-pool line can still carry a separate wind-only policy, typically through Citizens, with the remaining perils on a private carrier; those owners see two renewals, and the wind-only one is the one that tracks reinsurance costs most closely. A documented wind mitigation inspection (roof shape, roof-to-wall attachment, opening protection) is the one item that reduces the windstorm portion of the premium on every carrier’s rate filing. Deductible and statute references here are general information about the Florida market, not legal, tax or insurance advice; confirm the terms of your own policy with your carrier or agent.
What it means if you are selling
An owner quoting their 2023-2024 renewal shock as "the insurance situation" is negotiating against stale facts. Buyers increasingly arrive with current quotes. On estate and probate sales, where the home often carries an older policy or a lapsed one, a current quote is one of the cheapest credibility builds available before listing.
What it means if you are buying
Premiums are hyper-local within the county: distance to coast, roof age, and building code year move quotes far more than the county average does. Use the county figure to sanity-check a quote, not to predict one. On condos east of I-95, ask for the association's master policy renewal before you fall in love with the unit.
Sources (primary)
- FLOIR Insurance Stability Unit report (floir.gov, docs-sf stability-unit-reports)
- Citizens Property Insurance 2026 Approved Rate Changes by County (citizensfla.com)
- H1 2026 county premium data as reported by the Florida Insurance Commissioner, Aug 17, 2026
Data on this page: [floir/citizens, 2026-08-18]. Next update expected with FLOIR's next stability release.
Related
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Insurance tracker questions
Are windstorm insurance rates going up in Palm Beach County for 2026?
Not on average. FLOIR data released August 17, 2026 shows the Palm Beach County average premium with wind coverage moving from $6,412 to $6,323 in the first half of 2026, and Citizens approved 2026 rate changes cut Palm Beach County multiperil rates by 8.0 percent on average. An individual renewal can still rise if the roof aged past a rating threshold or the hurricane deductible changed, so read the deductible line before the premium line.
Is windstorm insurance separate from homeowners insurance in Florida?
Usually no. Windstorm is a covered peril inside a standard Florida homeowners policy with its own hurricane deductible of $500, 2, 5 or 10 percent of the dwelling limit. A separate wind-only policy, often through Citizens, exists mainly for coastal homes that private carriers will not write for wind.
Why are Palm Beach County home insurance premiums so high?
Coastal exposure, reinsurance costs and litigation history in the Florida market all feed into it, and older roofs and non-impact windows make individual homes more expensive to insure. The tracker on this page uses Florida regulator and Citizens filings rather than estimates.
How can I lower my Florida home insurance premium?
The levers that actually move a premium are roof age and material, opening protection such as impact windows or shutters, a documented wind mitigation inspection, and deductible choice. Ask your agent to quote with and without each item so you can see the trade.
Should buyers get insurance quotes before making an offer?
Yes, and before the inspection period ends. On an older home or a coastal condominium the premium can change what the property costs to own by a meaningful amount, and it is far cheaper to learn that during the inspection period than after closing.