ZIP 33186 Insurance Data

Data Snapshot: ZIP 33186 (Miami, FL)

ZIP 33186 (Miami, FL) shows an average homeowners insurance premium of $4,765 per year as of 2022, based on U.S. Treasury FIO ZIP-level observations across approximately 2,054 reported policies. That is 168% above the national average of $1,776 per year, placing this ZIP in the 99th percentile nationally. Compared to the Florida state average of $4,870, this ZIP runs 2% below, reflecting neighborhood-level differences in catastrophe exposure, property age, and claims history.

The loss ratio for ZIP 33186 is 69.4%, meaning insurers retained a working margin after claims. Claim frequency — the share of policies with at least one claim — is 9.07%, and the average claim severity (amount paid per claim) is $36,455. Nonrenewal — insurers declining to extend coverage at policy expiration — occurs at 0.28% in this ZIP; rising nonrenewal often signals insurer retreat from high-risk markets.

Across 5 years (2018–2022), premiums in ZIP 33186 have fallen by 12.4%, ranging from $4,765 to $5,656 with a five-year average of $5,143 — an annualized rate of -3.3% 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.