ZIP 04342 Insurance Data

Data Snapshot: ZIP 04342 (Dresden, ME)

ZIP 04342 (Dresden, ME) shows an average homeowners insurance premium of $1,147 per year as of 2022, based on U.S. Treasury FIO ZIP-level observations across approximately 21 reported policies. That is 35% below the national average of $1,776 per year, placing this ZIP in the 19th percentile nationally. Compared to the Maine state average of $1,294, this ZIP runs 11% below, reflecting neighborhood-level differences in catastrophe exposure, property age, and claims history.

The loss ratio for ZIP 04342 is 5.5%, meaning insurers retained a working margin after claims. Claim frequency — the share of policies with at least one claim — is 1.72%, and the average claim severity (amount paid per claim) is $3,693.

Across 5 years (2018–2022), premiums in ZIP 04342 have risen by 7.0%, ranging from $1,072 to $1,152 with a five-year average of $1,123 — an annualized rate of +1.7% 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.