ZIP 15436 Insurance Data

Data Snapshot: ZIP 15436 (Fairchance, PA)

ZIP 15436 (Fairchance, PA) shows an average homeowners insurance premium of $992 per year as of 2022, based on U.S. Treasury FIO ZIP-level observations across approximately 151 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 Pennsylvania state average of $1,131, this ZIP runs 12% below, reflecting neighborhood-level differences in catastrophe exposure, property age, and claims history.

The loss ratio for ZIP 15436 is 120.6%, meaning insurers paid out more in claims than they collected — a signal that premiums may rise or carriers may exit. Claim frequency — the share of policies with at least one claim — is 10.89%, and the average claim severity (amount paid per claim) is $10,984. Nonrenewal — insurers declining to extend coverage at policy expiration — occurs at 1.19% in this ZIP, a rise of 463.2% over the past five years; rising nonrenewal often signals insurer retreat from high-risk markets.

Across 5 years (2018–2022), premiums in ZIP 15436 have risen by 0.4%, ranging from $954 to $992 with a five-year average of $983 — an annualized rate of +0.1% 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.