ZIP 29683 Insurance Data

Slater, South Carolina · Greenville County · 1,434 policies

Avg Premium (2022)
$1,032/yr
-0.3% since 2018
Loss Ratio
N/A
Claims paid vs premiums
Claim Frequency
N/A
Nonrenewal Rate
1.30%
-19.5% change

Data Snapshot: ZIP 29683 (Slater, SC)

ZIP 29683 (Slater, SC) shows an average homeowners insurance premium of $1,032 per year as of 2022, based on U.S. Treasury FIO ZIP-level observations across approximately 1,434 reported policies. That is 42% below the national average of $1,776 per year, placing this ZIP in the 10th percentile nationally. Compared to the South Carolina state average of $1,765, this ZIP runs 42% below, reflecting neighborhood-level differences in catastrophe exposure, property age, and claims history.

Nonrenewal — insurers declining to extend coverage at policy expiration — occurs at 1.30% in this ZIP, a drop of 19.5% over the past five years; rising nonrenewal often signals insurer retreat from high-risk markets.

Across 5 years (2018–2022), premiums in ZIP 29683 have fallen by 0.3%, ranging from $1,032 to $1,099 with a five-year average of $1,060 — an annualized rate of -0.1% 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.

How ZIP 29683 Compares

vs National Average
$1,032 vs $1,776
42% below national avg
vs South Carolina Average
$1,032 vs $1,765
42% below state avg
National Percentile
10th percentile
More affordable than most ZIPs

Premium History

Year Avg Premium YoY Change
2018 $1,035
2019 $1,085 +4.8%
2020 $1,099 +1.3%
2021 $1,050 -4.4%
2022 $1,032 -1.7%

5-Year Trend Summary

5-Year Avg Premium
$1,060
Premium Range
$1,032 - $1,099
Annual Change Rate
-0.1% per year
Years of Data
5 (2018-2022)

Source: U.S. Department of the Treasury, Federal Insurance Office (FIO) Homeowners Insurance Data (2018-2022). Premiums are ZIP-level averages and may not reflect individual policy costs U.S. Department of the Treasury, Federal Insurance Office (FIO) Homeowners Insurance Data (2018-2022). Premiums are ZIP-level averages and may not reflect individual policy costs

Frequently Asked Questions

How much is homeowners insurance in ZIP 29683?
The average homeowners insurance premium in ZIP 29683 (Slater, SC) is $1,032 per year as of 2022. Premiums have changed -0.3% over the past 5 years.
What affects homeowners insurance costs in Slater, SC?
Key factors include claims frequency (N/A in this ZIP), loss ratio (N/A), and nonrenewal rates (1.30%). Natural disaster risk, property values, and local building costs also impact premiums.
Is homeowners insurance expensive in ZIP 29683 compared to the national average?
ZIP 29683 premiums of $1,032/yr are 42% below the national average of $1,776/yr. This ZIP is in the 10th percentile nationally.
What is the nonrenewal rate in ZIP 29683?
The nonrenewal rate in ZIP 29683 is 1.30%. Nonrenewal occurs when an insurer declines to extend coverage at policy expiration. This rate has changed by -19.5% over the past 5 years. High nonrenewal rates can signal that insurers view an area as high-risk.
How have premiums trended in ZIP 29683 over 5 years?
Over 5 years (2018-2022), premiums in ZIP 29683 have ranged from $1,032 to $1,099, with a 5-year average of $1,060. The annualized change rate is -0.1% per year.
How does ZIP 29683 compare to the South Carolina state average?
ZIP 29683 has an average premium of $1,032/yr compared to the South Carolina state average of $1,765/yr. This ZIP is 42% below the state average.

Related

Data sourced from official U.S. government datasets. See our methodology for details. Retrieved and formatted by PlainInsure Editorial

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