Wisconsin Homeowners Insurance

U.S. Treasury FIO data for 718 ZIP codes in Wisconsin (WI).

Homeowners in Wisconsin pay an average of $1,224 per year for home insurance — 31% below the national average of $1,776. That ranks Wisconsin as the 47th most expensive state out of 51 for homeowners insurance. Between 2018 and 2022, premiums rose by 8.0%.

On five-year premium growth (2018–2022), Wisconsin ranks 19th out of 51 states. Its nonrenewal rate (0.75%) ranks 42nd out of 50 — nonrenewal is an early warning indicator of insurer retreat, often tied to disaster risk.

Source: U.S. Department of the Treasury, Federal Insurance Office — "Analyses of U.S. Homeowners Insurance Markets, 2018–2022." Premium values are five-year averages across all ZIP-level observations. See methodology for caveats.

Avg Premium
$1,224/yr
National avg: $1,776 (-31% below)
Premium Change
+8.0%
2018-2022 change
Avg Loss Ratio
72.0%
Claims paid vs premiums earned
Nonrenewal Rate
0.75%
+8.7% change

Data Snapshot: Wisconsin Homeowners Insurance

Wisconsin homeowners paid an average of $1,224 per year for home insurance based on U.S. Treasury FIO data covering 718 ZIP codes across the state. That is 31% below the national average of $1,776 per year reported by the Federal Insurance Office. Wisconsin ranks 47th most expensive out of 51 states and territories on annual premium, with ZIP-level observations ranging from $797 in 54542 to $2,093 in 53125.

Between 2018 and 2022, average premiums rose by 8.0% in Wisconsin, placing the state 19th nationally on five-year premium growth. The state-level loss ratio averaged 72.0%, meaning insurers retained a healthy margin after claims, typical of stable markets. Nonrenewal rates — the share of policies insurers decline to extend at expiration — averaged 0.75%, a climb of 8.7% over the study period (ranking 42nd out of 50 states).

Within Wisconsin, premium dispersion across ZIP codes is substantial: the most expensive ZIP (53125 in Fontana) charges 163% more than the least expensive (54542 in Long Lake), reflecting local differences in catastrophe exposure, construction costs, and claims history. The FIO dataset aggregates voluntary reporting from the 40 largest homeowners insurers covering roughly 80% of the U.S. market, so ZIP-level figures represent market averages rather than individual quotes; actual premiums vary with dwelling value, deductible, coverage limits, and insurer-specific underwriting. This page is for educational research only and is not insurance advice — homeowners should obtain quotes from multiple licensed carriers or an independent agent before purchasing or renewing coverage.

Loss Ratio Reading: Wisconsin

0%150%72%

Wisconsin statewide — FIO 2018-2022 average: 72% (Healthy) — standard operating range, sustainable for long-run pricing.

ZIP Codes Tracked

718

Reporting Period

2018-2022

Source

U.S. Treasury FIO

Premium Trends (2018-2022)

Year Avg Premium Median Premium
2018 $1,134 $1,105
2019 $1,149 (+1.4%) $1,123
2020 $1,170 (+1.8%) $1,143
2021 $1,210 (+3.4%) $1,185
2022 $1,224 (+1.1%) $1,199

Average Premium by Year

$1,134
2018
$1,149
2019
$1,170
2020
$1,210
2021
$1,224
2022

All ZIP Codes in Wisconsin

718 ZIP codes sorted by premium (highest first). Click column headers to sort.

ZIP City Premium
53125 Fontana $2,093
53058 Nashotah $1,919
54850 La Pointe $1,906
53122 Elm Grove $1,844
53147 Lake Geneva $1,824
53097 Mequon $1,811
53092 Mequon $1,811
53202 Milwaukee $1,808
53217 Milwaukee $1,807
54082 Houlton $1,792
54821 Cable $1,787
53029 Hartland $1,743
53211 Milwaukee $1,740
53561 Merrimac $1,719
54016 Hudson $1,715
54832 Drummond $1,676
54769 Stockholm $1,667
54212 Fish Creek $1,653
53018 Delafield $1,651
54021 Prescott $1,641
53726 Madison $1,640
54003 Beldenville $1,628
54750 Maiden Rock $1,621
53045 Brookfield $1,618
54025 Somerset $1,611
53562 Middleton $1,604
54810 Balsam Lake $1,603
53206 Milwaukee $1,599
54209 Egg Harbor $1,598
53183 Wales $1,596
53072 Pewaukee $1,594
54876 Stone Lake $1,575
54027 Wilson $1,573
53593 Verona $1,571
53597 Waunakee $1,569
54013 Glenwood City $1,560
53506 Avoca $1,556
54024 Saint Croix Falls $1,556
54941 Green Lake $1,554
54621 Chaseburg $1,552
54545 Manitowish Waters $1,548
53717 Madison $1,546
54007 Deer Park $1,537
53233 Milwaukee $1,537
53544 Hollandale $1,537
53588 Spring Green $1,524
53191 Williams Bay $1,524
54023 Roberts $1,522
53516 Blanchardville $1,515
53521 Brooklyn $1,514

Frequently Asked Questions

What is the average homeowners insurance cost in Wisconsin?
The average homeowners insurance premium in Wisconsin is $1,224 per year, based on U.S. Treasury FIO data covering 718 ZIP codes. This is 31% below the national average of $1,776.
How have insurance premiums changed in Wisconsin?
Wisconsin homeowners insurance premiums changed by +8.0% between 2018 and 2022. The average loss ratio is 72.0%, meaning insurers pay out that percentage of earned premiums in claims.
Which ZIP code has the most expensive insurance in Wisconsin?
The most expensive ZIP code for homeowners insurance in Wisconsin is 53125, with an average premium of $2,093/yr. The most affordable is 54542 at $797/yr.
What is the nonrenewal rate for Wisconsin homeowners insurance?
The average nonrenewal rate in Wisconsin is 0.75%. This rate has changed by +8.7% from 2018 to 2022. Nonrenewals occur when an insurer declines to renew an existing policy at expiration. ZIP 53192 has the highest nonrenewal rate in the state at 4.48%.
What is a loss ratio and what does Wisconsin's mean?
A loss ratio measures how much an insurer pays out in claims compared to premiums collected. Wisconsin's average loss ratio is 72.0%. Ratios above 100% indicate insurers are paying more in claims than they collect, which often leads to premium increases.
How often do homeowners file insurance claims in Wisconsin?
The average claim frequency in Wisconsin is 5.50%, meaning that percentage of policies result in a claim each year. The average claim severity (cost per claim) is $14,839. Higher claim frequency and severity typically correlate with higher premiums.

Source: U.S. Department of the Treasury, Federal Insurance Office (FIO) Homeowners Insurance Data (2018-2022). Premiums are ZIP-level averages and may not reflect individual policy costs U.S. Department of the Treasury, Federal Insurance Office (FIO) Homeowners Insurance Data (2018-2022). Premiums are ZIP-level averages and may not reflect individual policy costs

Related

Data sourced from official U.S. government datasets. See our methodology for details. Retrieved and formatted by PlainInsure Editorial

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