ZIP 04006 Insurance Data

Data Snapshot: ZIP 04006 (Biddeford Pool, ME)

ZIP 04006 (Biddeford Pool, ME) shows an average homeowners insurance premium of $3,229 per year as of 2022, based on U.S. Treasury FIO ZIP-level observations across approximately 493 reported policies. That is 82% above the national average of $1,776 per year, placing this ZIP in the 96th percentile nationally. Compared to the Maine state average of $1,294, this ZIP runs 150% above, reflecting neighborhood-level differences in catastrophe exposure, property age, and claims history.

The loss ratio for ZIP 04006 is 23.2%, meaning insurers retained a working margin after claims. Claim frequency — the share of policies with at least one claim — is 5.05%, and the average claim severity (amount paid per claim) is $14,861.

Across 5 years (2018–2022), premiums in ZIP 04006 have risen by 16.5%, ranging from $2,745 to $3,450 with a five-year average of $3,064 — an annualized rate of +3.9% 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.