ZIP 17516 Insurance Data

Data Snapshot: ZIP 17516 (Conestoga, PA)

ZIP 17516 (Conestoga, PA) shows an average homeowners insurance premium of $1,154 per year as of 2022, based on U.S. Treasury FIO ZIP-level observations across approximately 83 reported policies. That is 35% below the national average of $1,776 per year, placing this ZIP in the 19th percentile nationally. Compared to the Pennsylvania state average of $1,131, this ZIP runs 2% above, reflecting neighborhood-level differences in catastrophe exposure, property age, and claims history.

The loss ratio for ZIP 17516 is 97.9%, meaning insurers are operating on thin margins here. Claim frequency — the share of policies with at least one claim — is 3.58%, and the average claim severity (amount paid per claim) is $31,522. Nonrenewal — insurers declining to extend coverage at policy expiration — occurs at 0.12% in this ZIP, a drop of 54.1% over the past five years; rising nonrenewal often signals insurer retreat from high-risk markets.

Across 5 years (2018–2022), premiums in ZIP 17516 have risen by 5.8%, ranging from $1,087 to $1,154 with a five-year average of $1,110 — an annualized rate of +1.4% 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.