ZIP 10012 Insurance Data

Data Snapshot: ZIP 10012 (New York, NY)

ZIP 10012 (New York, NY) shows an average homeowners insurance premium of $9,669 per year as of 2022, based on U.S. Treasury FIO ZIP-level observations across approximately 28,771 reported policies. That is 445% above the national average of $1,776 per year, placing this ZIP in the 100th percentile nationally. Compared to the New York state average of $1,896, this ZIP runs 410% above, reflecting neighborhood-level differences in catastrophe exposure, property age, and claims history.

The loss ratio for ZIP 10012 is 56.4%, meaning insurers retained a working margin after claims. Claim frequency — the share of policies with at least one claim — is 10.88%, and the average claim severity (amount paid per claim) is $50,137. Nonrenewal — insurers declining to extend coverage at policy expiration — occurs at 2.51% in this ZIP, a rise of 595.4% over the past five years; rising nonrenewal often signals insurer retreat from high-risk markets.

Across 5 years (2018–2022), premiums in ZIP 10012 have risen by 40.8%, ranging from $6,868 to $9,669 with a five-year average of $8,196 — an annualized rate of +8.9% 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.