ZIP 07921 Insurance Data

Data Snapshot: ZIP 07921 (Bedminster, NJ)

ZIP 07921 (Bedminster, NJ) shows an average homeowners insurance premium of $2,773 per year as of 2022, based on U.S. Treasury FIO ZIP-level observations across approximately 154 reported policies. That is 56% above the national average of $1,776 per year, placing this ZIP in the 93th percentile nationally. Compared to the New Jersey state average of $1,858, this ZIP runs 49% above, reflecting neighborhood-level differences in catastrophe exposure, property age, and claims history.

The loss ratio for ZIP 07921 is 77.6%, meaning insurers retained a working margin after claims. Claim frequency — the share of policies with at least one claim — is 8.86%, and the average claim severity (amount paid per claim) is $24,288. Nonrenewal — insurers declining to extend coverage at policy expiration — occurs at 0.29% in this ZIP; rising nonrenewal often signals insurer retreat from high-risk markets.

Across 5 years (2018–2022), premiums in ZIP 07921 have fallen by 2.3%, ranging from $2,773 to $3,001 with a five-year average of $2,894 — an annualized rate of -0.6% 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.