ZIP 02852 Insurance Data

Data Snapshot: ZIP 02852 (North Kingstown, RI)

ZIP 02852 (North Kingstown, RI) shows an average homeowners insurance premium of $2,379 per year as of 2022, based on U.S. Treasury FIO ZIP-level observations across approximately 281 reported policies. That is 34% above the national average of $1,776 per year, placing this ZIP in the 86th percentile nationally. Compared to the Rhode Island state average of $2,292, this ZIP runs 4% above, reflecting neighborhood-level differences in catastrophe exposure, property age, and claims history.

The loss ratio for ZIP 02852 is 86.0%, meaning insurers are operating on thin margins here. Claim frequency — the share of policies with at least one claim — is 4.61%, and the average claim severity (amount paid per claim) is $44,388. Nonrenewal — insurers declining to extend coverage at policy expiration — occurs at 0.83% in this ZIP, a rise of 24.7% over the past five years; rising nonrenewal often signals insurer retreat from high-risk markets.

Across 5 years (2018–2022), premiums in ZIP 02852 have risen by 2.8%, ranging from $2,314 to $2,429 with a five-year average of $2,370 — an annualized rate of +0.7% per year. FIO data aggregates voluntary reporting from the 40 largest homeowners insurers, covering roughly 80% of the U.S. market, so figures represent market averages rather than individual policy quotes; your own premium will vary with dwelling value, deductible, coverage limits, construction type, and insurer-specific underwriting. This page is educational research only and is not insurance advice — homeowners should request quotes from multiple licensed carriers or an independent agent before purchasing or renewing coverage.