ZIP 38080 Insurance Data

Data Snapshot: ZIP 38080 (Ridgely, TN)

ZIP 38080 (Ridgely, TN) shows an average homeowners insurance premium of $1,914 per year as of 2022, based on U.S. Treasury FIO ZIP-level observations across approximately 7 reported policies. That is 8% above the national average of $1,776 per year, placing this ZIP in the 72th percentile nationally. Compared to the Tennessee state average of $1,728, this ZIP runs 11% above, reflecting neighborhood-level differences in catastrophe exposure, property age, and claims history.

The loss ratio for ZIP 38080 is 96.3%, meaning insurers are operating on thin margins here. Claim frequency — the share of policies with at least one claim — is 5.71%, and the average claim severity (amount paid per claim) is $32,251.

Across 5 years (2018–2022), premiums in ZIP 38080 have fallen by 0.5%, ranging from $1,813 to $1,944 with a five-year average of $1,896 — an annualized rate of -0.1% 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.