ZIP 07711 Insurance Data

Data Snapshot: ZIP 07711 (Allenhurst, NJ)

ZIP 07711 (Allenhurst, NJ) shows an average homeowners insurance premium of $5,282 per year as of 2022, based on U.S. Treasury FIO ZIP-level observations across approximately 738 reported policies. That is 197% above the national average of $1,776 per year, placing this ZIP in the 99th percentile nationally. Compared to the New Jersey state average of $1,858, this ZIP runs 184% above, reflecting neighborhood-level differences in catastrophe exposure, property age, and claims history.

The loss ratio for ZIP 07711 is 39.3%, meaning insurers retained a working margin after claims. Claim frequency — the share of policies with at least one claim — is 5.10%, and the average claim severity (amount paid per claim) is $40,714. Nonrenewal — insurers declining to extend coverage at policy expiration — occurs at 1.06% in this ZIP, a rise of 120.3% over the past five years; rising nonrenewal often signals insurer retreat from high-risk markets.

Across 5 years (2018–2022), premiums in ZIP 07711 have risen by 4.1%, ranging from $4,932 to $5,282 with a five-year average of $5,126 — an annualized rate of +1.0% 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.