ZIP 38449 Insurance Data

Data Snapshot: ZIP 38449 (Ardmore, TN)

ZIP 38449 (Ardmore, TN) shows an average homeowners insurance premium of $1,777 per year as of 2022, based on U.S. Treasury FIO ZIP-level observations across approximately 19 reported policies. That is 0% above the national average of $1,776 per year, placing this ZIP in the 65th percentile nationally. Compared to the Tennessee state average of $1,728, this ZIP runs 3% above, reflecting neighborhood-level differences in catastrophe exposure, property age, and claims history.

The loss ratio for ZIP 38449 is 90.7%, meaning insurers are operating on thin margins here. Claim frequency — the share of policies with at least one claim — is 4.12%, and the average claim severity (amount paid per claim) is $39,182. Nonrenewal — insurers declining to extend coverage at policy expiration — occurs at 0.48% in this ZIP, a drop of 42.0% over the past five years; rising nonrenewal often signals insurer retreat from high-risk markets.

Across 5 years (2018–2022), premiums in ZIP 38449 have fallen by 0.4%, ranging from $1,706 to $1,784 with a five-year average of $1,742 — 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.