ZIP 36602 Insurance Data

Data Snapshot: ZIP 36602 (Mobile, AL)

ZIP 36602 (Mobile, AL) shows an average homeowners insurance premium of $2,648 per year as of 2022, based on U.S. Treasury FIO ZIP-level observations across approximately 447 reported policies. That is 49% above the national average of $1,776 per year, placing this ZIP in the 91th percentile nationally. Compared to the Alabama state average of $1,931, this ZIP runs 37% above, reflecting neighborhood-level differences in catastrophe exposure, property age, and claims history.

The loss ratio for ZIP 36602 is 1.1%, meaning insurers retained a working margin after claims. Nonrenewal — insurers declining to extend coverage at policy expiration — occurs at 2.38% in this ZIP; rising nonrenewal often signals insurer retreat from high-risk markets.

Across 5 years (2018–2022), premiums in ZIP 36602 have fallen by 7.8%, ranging from $2,648 to $2,871 with a five-year average of $2,766 — an annualized rate of -2.0% 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.