ZIP 33189 Insurance Data

Data Snapshot: ZIP 33189 (Miami, FL)

ZIP 33189 (Miami, FL) shows an average homeowners insurance premium of $9,257 per year as of 2022, based on U.S. Treasury FIO ZIP-level observations across approximately 1,655 reported policies. That is 421% 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 90% above, reflecting neighborhood-level differences in catastrophe exposure, property age, and claims history.

The loss ratio for ZIP 33189 is 21.0%, meaning insurers retained a working margin after claims. Claim frequency — the share of policies with at least one claim — is 6.85%, and the average claim severity (amount paid per claim) is $28,431. Nonrenewal — insurers declining to extend coverage at policy expiration — occurs at 0.91% in this ZIP, a drop of 95.3% over the past five years; rising nonrenewal often signals insurer retreat from high-risk markets.

Across 5 years (2018–2022), premiums in ZIP 33189 have risen by 43.5%, ranging from $6,451 to $9,257 with a five-year average of $8,128 — an annualized rate of +9.4% 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.