ZIP 32034 Insurance Data

Data Snapshot: ZIP 32034 (Fernandina Beach, FL)

ZIP 32034 (Fernandina Beach, FL) shows an average homeowners insurance premium of $3,634 per year as of 2022, based on U.S. Treasury FIO ZIP-level observations across approximately 211 reported policies. That is 105% above the national average of $1,776 per year, placing this ZIP in the 97th percentile nationally. Compared to the Florida state average of $4,870, this ZIP runs 25% below, reflecting neighborhood-level differences in catastrophe exposure, property age, and claims history.

The loss ratio for ZIP 32034 is 24.6%, meaning insurers retained a working margin after claims. Claim frequency — the share of policies with at least one claim — is 3.41%, and the average claim severity (amount paid per claim) is $26,213.

Across 5 years (2018–2022), premiums in ZIP 32034 have fallen by 24.4%, ranging from $3,634 to $4,806 with a five-year average of $4,206 — an annualized rate of -6.8% 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.