ZIP 03851 Insurance Data

Data Snapshot: ZIP 03851 (Milton, NH)

ZIP 03851 (Milton, NH) shows an average homeowners insurance premium of $1,160 per year as of 2022, based on U.S. Treasury FIO ZIP-level observations across approximately 59 reported policies. That is 35% below the national average of $1,776 per year, placing this ZIP in the 20th percentile nationally. Compared to the New Hampshire state average of $1,428, this ZIP runs 19% below, reflecting neighborhood-level differences in catastrophe exposure, property age, and claims history.

The loss ratio for ZIP 03851 is 85.4%, meaning insurers are operating on thin margins here. Claim frequency — the share of policies with at least one claim — is 2.18%, and the average claim severity (amount paid per claim) is $45,357. Nonrenewal — insurers declining to extend coverage at policy expiration — occurs at 1.59% in this ZIP, a drop of 2.4% over the past five years; rising nonrenewal often signals insurer retreat from high-risk markets.

Across 5 years (2018–2022), premiums in ZIP 03851 have fallen by 2.2%, ranging from $1,160 to $1,193 with a five-year average of $1,179 — an annualized rate of -0.6% 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.