ZIP 07851 Insurance Data

Data Snapshot: ZIP 07851 (Layton, NJ)

ZIP 07851 (Layton, NJ) shows an average homeowners insurance premium of $1,341 per year as of 2022, based on U.S. Treasury FIO ZIP-level observations across approximately 6 reported policies. That is 25% below the national average of $1,776 per year, placing this ZIP in the 34th percentile nationally. Compared to the New Jersey state average of $1,858, this ZIP runs 28% below, reflecting neighborhood-level differences in catastrophe exposure, property age, and claims history.

The loss ratio for ZIP 07851 is 90.0%, meaning insurers are operating on thin margins here. Claim frequency — the share of policies with at least one claim — is 5.75%, and the average claim severity (amount paid per claim) is $21,003.

Across 5 years (2018–2022), premiums in ZIP 07851 have fallen by 27.6%, ranging from $1,341 to $1,853 with a five-year average of $1,653 — an annualized rate of -7.8% 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.