top of page

How much is Flood Insurance in New Jersey?

Get an instant flood insurance quote online and see how much money you can save! is pleased to work with some of the nation's largest private flood insurers to provide you with coverage you can trust. Our quick quote tool assesses rates from numerous carriers in seconds to get you the best coverage for the lowest price. 

Image by Artem Zhukov

How much is Flood Insurance in New Jersey?

The average cost per policy in New Jersey through the NFIP is $920.39. Depending on where you live, this average could vary substantially! Depending on your deductibles, the cost of your home and contents, this also causes a wide range in premiums. Below, we've listed rates for several cities to give you an idea of flood insurance cost through the NFIP. If you're interested in a quote for a private flood insurance policy to compare costs, we offer a 100% online quote process.

Average Costs through the NFIP

Average Cost per Policy
Atlantic City
Jersey City
Little Ferry
Toms River

Prices as of 01/31/24.


Our private flood insurance averages are much lower than those shown above! Get a quote online and find out how much we can save you.

Not interested in private flood, or not sure whether you should choose an NFIP policy or a private flood insurance policy? We offer both! Give us a call and we'll answer all of your questions.

Our Prices are Consistently Lower!

How do I save money on Flood Insurance in New Jersey?

You may be able to save by getting a quote for private flood insurance instead of going through the NFIP. This is an entirely online process, no need to wait for a callback or an email! Once you've received your quote, compare it to what you'd pay through the NFIP. But don't just compare the costs, check what's covered by the NFIP so that if you try to submit a claim, you're not caught off-guard by what is, and isn't, covered.


The cost of a claim can be expensive, most are financially devastated after experiencing a flood if they don't have coverage. The average NFIP claim for flood damage in New Jersey over the past 10 years is $47,700.

Do I need flood insurance in New Jersey?

Two studies by the Northeast Regional Climate Center, a National Oceanic and Atmospheric Administration (NOAA) partner, were released by NJDEP. It confirms increases in precipitation across New Jersey over the last 20 years, and projects further increases in precipitation intensity through the end of this century due to climate change. 


Find out if you're in a flood zone! Enter your address on our FEMA Flood Zone map lookup.

How to Get Flood Insurance Without a Flood Elevation Certificate.

Quality flood insurance is available without the added expense and trouble of getting an elevation certificate. FloodPrice can compare the rates for both private flood insurance and the NFIP to make sure you are getting the right coverage for the best price. Check out our quote page now to find out what coverage we can offer.

Does my homeowner insurance cover flooding?

Homeowner's insurance generally excludes flood coverage. Obtaining a flood insurance policy is typically left up to the homeowner. If you're looking to get a policy, we offer a 100% online process. You can get a quote started here!

Risk Rating 2.0 Pricing in New Jersey.

FEMA's flood program through the NFIP has begun using a new pricing methodology, Risk Rating 2.0. This will result in a price change for 95% of policyholders. This will impact nearly all of the 217,200 NFIP policies in force in New Jersey.

New NFIP Policyholders can expect to see these changes October 1st, 2021. If you're an existing policyholder, these rate changes won't affect you until April 1st, 2022.


If you already have a policy through the NFIP, be sure to compare the Risk Rating 2.0 price to a Private Flood Insurance quote. You could possibly save hundreds of dollars. The time to start comparing prices on your flood insurance is before your policy is set to renews.


The NFIP does not allow mid-term cancellations. This means that once your policy renews, you have no option to cancel it unless you meet very restrictive guidelines, such as the sale of your home. The process can be difficult and frustrating. Here is a link to the guidelines to cancel an NFIP policy mid-term: FEMA Cancellation Form.

What is not covered by the NFIP?

Debris removal, additional living expenses, and belongings located in your basement, aren't covered. You would be required to purchase a secondary policy to cover appurtenant structures, such as a detached garage or shed. Visit their website to see everything that is, or isn't, covered by the NFIP.

If you'd like to be free from these limitations and have more options for coverage, consider getting flood insurance from FloodPrice,


Need help from a Flood Expert? Call us at 866-503-5663

*64% of NFIP policy holders in New Jersey (137,075 policies) will see an average increase of $0-$120 per year. 10% of policyholders (22,426 policies) will see an increase of $120-$240 per year. 5% of policyholders (11,364 policies) will see an increase of greater than $240 per year.


bottom of page
Customer Reviews