ZIP 13827 Insurance Data

Data Snapshot: ZIP 13827 (Owego, NY)

ZIP 13827 (Owego, NY) shows an average homeowners insurance premium of $992 per year as of 2022, based on U.S. Treasury FIO ZIP-level observations across approximately 49 reported policies. That is 44% below the national average of $1,776 per year, placing this ZIP in the 7th percentile nationally. Compared to the New York state average of $1,896, this ZIP runs 48% below, reflecting neighborhood-level differences in catastrophe exposure, property age, and claims history.

The loss ratio for ZIP 13827 is 28.6%, meaning insurers retained a working margin after claims. Claim frequency — the share of policies with at least one claim — is 3.10%, and the average claim severity (amount paid per claim) is $9,131. Nonrenewal — insurers declining to extend coverage at policy expiration — occurs at 0.43% in this ZIP, a rise of 29.7% over the past five years; rising nonrenewal often signals insurer retreat from high-risk markets.

Across 5 years (2018–2022), premiums in ZIP 13827 have risen by 9.9%, ranging from $902 to $992 with a five-year average of $947 — an annualized rate of +2.4% 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.