Question 1

Do I really need flood insurance if I'm not in a high-risk flood zone?

Accepted Answer

Yes, you should strongly consider it. About 63% of buildings in Ormond Beach face flood risk, and flooding can happen anywhere—not just in FEMA high-risk zones. Some Ormond Beach neighborhoods have flooded four times in six years during recent hurricanes. Just a few inches of water can cause tens of thousands of dollars in damage, and flood insurance is relatively affordable compared to paying for flood damage out of pocket.

Question 2

How much does homeowners insurance cost in Ormond Beach?

Accepted Answer

The average cost ranges from about $2,693 annually for a $150,000 home to around $7,000 for a $450,000 property. However, your actual premium depends on your specific location, home age, construction type, and coverage limits. Waterfront properties and homes in high-risk flood zones typically pay significantly more than inland properties.

Question 3

What's the difference between windstorm coverage and flood insurance?

Accepted Answer

Your homeowners policy covers wind damage from hurricanes, including damage to your roof, windows, and structure from high winds. Flood insurance covers damage from rising water, storm surge, and flooding—which standard homeowners policies specifically exclude. In Ormond Beach, you need both types of coverage because hurricanes bring both wind and flooding.

Question 4

Can I buy flood insurance right before a hurricane?

Accepted Answer

No. Flood insurance policies have a 30-day waiting period before coverage takes effect, so you can't purchase a policy when a named storm is approaching and expect immediate protection. You need to buy flood insurance well before hurricane season begins, ideally as soon as you close on your home.

Question 5

What is Citizens Property Insurance and do I want to be on it?

Accepted Answer

Citizens Property Insurance is Florida's state-run insurer of last resort for homeowners who can't find coverage in the private market. While it's not ideal—Citizens was never meant to cover this many policies—it's often the only option for coastal homeowners. Citizens has grown from 420,000 policies in 2019 to over 1.3 million in 2024 as private insurers have left the Florida market.

Question 6

Are insurance rates going down in Florida in 2025?

Accepted Answer

There are positive signs that Florida's insurance market is stabilizing in 2025, with some insurers like Security First filing for rate decreases or stabilizations. However, coastal properties like those in Ormond Beach will likely continue facing higher premiums than inland areas because the underlying hurricane and flood risks haven't changed. Don't expect dramatic decreases, but the market appears to be improving after years of crisis.

Insurance Agents in Ormond Beach, Florida (FL)

Insurance agencies serving Ormond Beach

Alloy Insurance Group

Brightway Insurance

Insurance Agents in Ormond Beach, Florida (FL)

Insurance agencies serving Ormond Beach

Alloy Insurance Group

Brightway Insurance

Capital Partners Insurance

First Florida Insurance Ormond Beach

Foundation Risk Partners

Mcclain Insurance Agency

Oquinn Insurance Services LLC

Realty Insurance Consultants, Inc.

The Ormond Agency

Insurance Guides for Ormond Beach

Home Insurance in Ormond Beach

Insurance Guide for Ormond Beach

Auto Insurance in Ormond Beach

Frequently asked questions