ZIP 33179 Insurance Data

Data Snapshot: ZIP 33179 (Miami, FL)

ZIP 33179 (Miami, FL) shows an average homeowners insurance premium of $11,056 per year as of 2022, based on U.S. Treasury FIO ZIP-level observations across approximately 3,145 reported policies. That is 523% above the national average of $1,776 per year, placing this ZIP in the 100th percentile nationally. Compared to the Florida state average of $4,870, this ZIP runs 127% above, reflecting neighborhood-level differences in catastrophe exposure, property age, and claims history.

The loss ratio for ZIP 33179 is 20.8%, meaning insurers retained a working margin after claims. Claim frequency — the share of policies with at least one claim — is 8.99%, and the average claim severity (amount paid per claim) is $25,613. Nonrenewal — insurers declining to extend coverage at policy expiration — occurs at 0.56% in this ZIP, a drop of 89.5% over the past five years; rising nonrenewal often signals insurer retreat from high-risk markets.

Across 5 years (2018–2022), premiums in ZIP 33179 have risen by 25.2%, ranging from $8,833 to $11,056 with a five-year average of $10,035 — an annualized rate of +5.8% 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.