ZIP 29727 Insurance Data

Data Snapshot: ZIP 29727 (Mount Croghan, SC)

ZIP 29727 (Mount Croghan, SC) shows an average homeowners insurance premium of $1,422 per year as of 2022, based on U.S. Treasury FIO ZIP-level observations across approximately 13 reported policies. That is 20% below the national average of $1,776 per year, placing this ZIP in the 40th percentile nationally. Compared to the South Carolina state average of $1,765, this ZIP runs 19% below, reflecting neighborhood-level differences in catastrophe exposure, property age, and claims history.

The loss ratio for ZIP 29727 is 3.2%, meaning insurers retained a working margin after claims. Claim frequency — the share of policies with at least one claim — is 1.96%, and the average claim severity (amount paid per claim) is $2,316. Nonrenewal — insurers declining to extend coverage at policy expiration — occurs at 0.65% in this ZIP; rising nonrenewal often signals insurer retreat from high-risk markets.

Across 5 years (2018–2022), premiums in ZIP 29727 have risen by 9.5%, ranging from $1,298 to $1,489 with a five-year average of $1,404 — an annualized rate of +2.3% 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.