ZIP 08822 Insurance Data

Data Snapshot: ZIP 08822 (Flemington, NJ)

ZIP 08822 (Flemington, NJ) shows an average homeowners insurance premium of $1,565 per year as of 2022, based on U.S. Treasury FIO ZIP-level observations across approximately 183 reported policies. That is 12% below the national average of $1,776 per year, placing this ZIP in the 51th percentile nationally. Compared to the New Jersey state average of $1,858, this ZIP runs 16% below, reflecting neighborhood-level differences in catastrophe exposure, property age, and claims history.

The loss ratio for ZIP 08822 is 33.6%, meaning insurers retained a working margin after claims. Claim frequency — the share of policies with at least one claim — is 4.28%, and the average claim severity (amount paid per claim) is $12,271. Nonrenewal — insurers declining to extend coverage at policy expiration — occurs at 0.79% in this ZIP, a rise of 60.8% over the past five years; rising nonrenewal often signals insurer retreat from high-risk markets.

Across 5 years (2018–2022), premiums in ZIP 08822 have risen by 1.0%, ranging from $1,523 to $1,565 with a five-year average of $1,548 — an annualized rate of +0.3% 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.