ZIP 12424 Insurance Data

Data Snapshot: ZIP 12424 (East Jewett, NY)

ZIP 12424 (East Jewett, NY) shows an average homeowners insurance premium of $1,699 per year as of 2022, based on U.S. Treasury FIO ZIP-level observations across approximately 5 reported policies. That is 4% below the national average of $1,776 per year, placing this ZIP in the 60th percentile nationally. Compared to the New York state average of $1,896, this ZIP runs 10% below, reflecting neighborhood-level differences in catastrophe exposure, property age, and claims history.

The loss ratio for ZIP 12424 is 5.4%, meaning insurers retained a working margin after claims. Claim frequency — the share of policies with at least one claim — is 1.71%, and the average claim severity (amount paid per claim) is $5,341.

Across 5 years (2018–2022), premiums in ZIP 12424 have fallen by 5.8%, ranging from $1,638 to $1,824 with a five-year average of $1,724 — an annualized rate of -1.5% 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.