ZIP 14812 Insurance Data

Data Snapshot: ZIP 14812 (Beaver Dams, NY)

ZIP 14812 (Beaver Dams, NY) shows an average homeowners insurance premium of $857 per year as of 2022, based on U.S. Treasury FIO ZIP-level observations across approximately 17 reported policies. That is 52% below the national average of $1,776 per year, placing this ZIP in the 1th percentile nationally. Compared to the New York state average of $1,896, this ZIP runs 55% below, reflecting neighborhood-level differences in catastrophe exposure, property age, and claims history.

The loss ratio for ZIP 14812 is 99.7%, meaning insurers are operating on thin margins here. Claim frequency — the share of policies with at least one claim — is 2.08%, and the average claim severity (amount paid per claim) is $41,076. Nonrenewal — insurers declining to extend coverage at policy expiration — occurs at 0.46% in this ZIP, a rise of 96.3% over the past five years; rising nonrenewal often signals insurer retreat from high-risk markets.

Across 5 years (2018–2022), premiums in ZIP 14812 have risen by 6.1%, ranging from $807 to $861 with a five-year average of $840 — 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.