ZIP 16024 Insurance Data

Data Snapshot: ZIP 16024 (Callery, PA)

ZIP 16024 (Callery, PA) shows an average homeowners insurance premium of $839 per year as of 2022, based on U.S. Treasury FIO ZIP-level observations across approximately 341 reported policies. That is 53% below the national average of $1,776 per year, placing this ZIP in the 1th percentile nationally. Compared to the Pennsylvania state average of $1,131, this ZIP runs 26% below, reflecting neighborhood-level differences in catastrophe exposure, property age, and claims history.

The loss ratio for ZIP 16024 is 40.9%, meaning insurers retained a working margin after claims. Claim frequency — the share of policies with at least one claim — is 4.11%, and the average claim severity (amount paid per claim) is $8,358.

Across 5 years (2018–2022), premiums in ZIP 16024 have fallen by 10.0%, ranging from $838 to $933 with a five-year average of $866 — an annualized rate of -2.6% 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.