ZIP 28077 Insurance Data

Data Snapshot: ZIP 28077 (High Shoals, NC)

ZIP 28077 (High Shoals, NC) shows an average homeowners insurance premium of $970 per year as of 2022, based on U.S. Treasury FIO ZIP-level observations across approximately 318 reported policies. That is 45% below the national average of $1,776 per year, placing this ZIP in the 6th percentile nationally. Compared to the North Carolina state average of $1,379, this ZIP runs 30% below, reflecting neighborhood-level differences in catastrophe exposure, property age, and claims history.

The loss ratio for ZIP 28077 is 110.7%, 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 6.67%, and the average claim severity (amount paid per claim) is $16,102. Nonrenewal — insurers declining to extend coverage at policy expiration — occurs at 3.33% in this ZIP, a rise of 18.3% over the past five years; rising nonrenewal often signals insurer retreat from high-risk markets.

Across 5 years (2018–2022), premiums in ZIP 28077 have risen by 11.3%, ranging from $871 to $978 with a five-year average of $932 — an annualized rate of +2.7% 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.