ZIP 13123 Insurance Data

Data Snapshot: ZIP 13123 (North Bay, NY)

ZIP 13123 (North Bay, NY) shows an average homeowners insurance premium of $1,287 per year as of 2022, based on U.S. Treasury FIO ZIP-level observations across approximately 51 reported policies. That is 27% below the national average of $1,776 per year, placing this ZIP in the 30th percentile nationally. Compared to the New York state average of $1,896, this ZIP runs 32% below, reflecting neighborhood-level differences in catastrophe exposure, property age, and claims history.

The loss ratio for ZIP 13123 is 20.7%, meaning insurers retained a working margin after claims. Claim frequency — the share of policies with at least one claim — is 1.85%, and the average claim severity (amount paid per claim) is $14,395.

Across 5 years (2018–2022), premiums in ZIP 13123 have risen by 19.7%, ranging from $1,076 to $1,321 with a five-year average of $1,238 — an annualized rate of +4.6% 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.