ZIP 18323 Insurance Data

Data Snapshot: ZIP 18323 (Buck Hill Falls, PA)

ZIP 18323 (Buck Hill Falls, PA) shows an average homeowners insurance premium of $2,620 per year as of 2022, based on U.S. Treasury FIO ZIP-level observations across approximately 57 reported policies. That is 48% above the national average of $1,776 per year, placing this ZIP in the 91th percentile nationally. Compared to the Pennsylvania state average of $1,131, this ZIP runs 132% above, reflecting neighborhood-level differences in catastrophe exposure, property age, and claims history.

The loss ratio for ZIP 18323 is 65.2%, meaning insurers retained a working margin after claims. Claim frequency — the share of policies with at least one claim — is 5.05%, and the average claim severity (amount paid per claim) is $33,839. Nonrenewal — insurers declining to extend coverage at policy expiration — occurs at 1.01% in this ZIP; rising nonrenewal often signals insurer retreat from high-risk markets.

Across 5 years (2018–2022), premiums in ZIP 18323 have fallen by 6.4%, ranging from $2,596 to $2,799 with a five-year average of $2,670 — an annualized rate of -1.6% 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.