ZIP 12866 Insurance Data

Data Snapshot: ZIP 12866 (Saratoga Springs, NY)

ZIP 12866 (Saratoga Springs, NY) shows an average homeowners insurance premium of $1,409 per year as of 2022, based on U.S. Treasury FIO ZIP-level observations across approximately 212 reported policies. That is 21% below the national average of $1,776 per year, placing this ZIP in the 40th percentile nationally. Compared to the New York state average of $1,896, this ZIP runs 26% below, reflecting neighborhood-level differences in catastrophe exposure, property age, and claims history.

The loss ratio for ZIP 12866 is 38.6%, meaning insurers retained a working margin after claims. Claim frequency — the share of policies with at least one claim — is 2.82%, and the average claim severity (amount paid per claim) is $19,280. Nonrenewal — insurers declining to extend coverage at policy expiration — occurs at 0.10% in this ZIP, a drop of 62.9% over the past five years; rising nonrenewal often signals insurer retreat from high-risk markets.

Across 5 years (2018–2022), premiums in ZIP 12866 have risen by 6.1%, ranging from $1,328 to $1,409 with a five-year average of $1,372 — 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.