ZIP 07630 Insurance Data

Data Snapshot: ZIP 07630 (Emerson, NJ)

ZIP 07630 (Emerson, NJ) shows an average homeowners insurance premium of $1,530 per year as of 2022, based on U.S. Treasury FIO ZIP-level observations across approximately 1,277 reported policies. That is 14% below the national average of $1,776 per year, placing this ZIP in the 49th percentile nationally. Compared to the New Jersey state average of $1,858, this ZIP runs 18% below, reflecting neighborhood-level differences in catastrophe exposure, property age, and claims history.

The loss ratio for ZIP 07630 is 55.6%, meaning insurers retained a working margin after claims. Claim frequency — the share of policies with at least one claim — is 4.68%, and the average claim severity (amount paid per claim) is $18,181. Nonrenewal — insurers declining to extend coverage at policy expiration — occurs at 1.07% in this ZIP, a rise of 109.1% over the past five years; rising nonrenewal often signals insurer retreat from high-risk markets.

Across 5 years (2018–2022), premiums in ZIP 07630 have fallen by 0.3%, ranging from $1,527 to $1,583 with a five-year average of $1,544 — an annualized rate of -0.1% 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.