ZIP 37048 Insurance Data

Data Snapshot: ZIP 37048 (Cottontown, TN)

ZIP 37048 (Cottontown, TN) shows an average homeowners insurance premium of $1,809 per year as of 2022, based on U.S. Treasury FIO ZIP-level observations across approximately 52 reported policies. That is 2% above the national average of $1,776 per year, placing this ZIP in the 66th percentile nationally. Compared to the Tennessee state average of $1,728, this ZIP runs 5% above, reflecting neighborhood-level differences in catastrophe exposure, property age, and claims history.

The loss ratio for ZIP 37048 is 29.6%, meaning insurers retained a working margin after claims. Claim frequency — the share of policies with at least one claim — is 3.16%, and the average claim severity (amount paid per claim) is $16,918. Nonrenewal — insurers declining to extend coverage at policy expiration — occurs at 0.58% in this ZIP, a drop of 15.9% over the past five years; rising nonrenewal often signals insurer retreat from high-risk markets.

Across 5 years (2018–2022), premiums in ZIP 37048 have risen by 6.7%, ranging from $1,695 to $1,809 with a five-year average of $1,753 — an annualized rate of +1.6% 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.