ZIP 29486 Insurance Data

Data Snapshot: ZIP 29486

ZIP 29486 in shows an average homeowners insurance premium of $1,484 per year as of 2022, based on U.S. Treasury FIO ZIP-level observations. That is 16% below the national average of $1,776 per year, placing this ZIP in the 45th percentile nationally.

The loss ratio for ZIP 29486 is 14.4%, meaning insurers retained a working margin after claims. Claim frequency — the share of policies with at least one claim — is 2.25%, and the average claim severity (amount paid per claim) is $9,504. Nonrenewal — insurers declining to extend coverage at policy expiration — occurs at 25.48% in this ZIP, a rise of 671.5% over the past five years; rising nonrenewal often signals insurer retreat from high-risk markets.

Across 5 years (2018–2022), premiums in ZIP 29486 have fallen by 21.7%, ranging from $1,484 to $1,895 with a five-year average of $1,695 — an annualized rate of -5.9% 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.