ZIP 38461 Insurance Data

Data Snapshot: ZIP 38461 (Hampshire, TN)

ZIP 38461 (Hampshire, TN) shows an average homeowners insurance premium of $1,979 per year as of 2022, based on U.S. Treasury FIO ZIP-level observations across approximately 7 reported policies. That is 11% above the national average of $1,776 per year, placing this ZIP in the 75th percentile nationally. Compared to the Tennessee state average of $1,728, this ZIP runs 15% above, reflecting neighborhood-level differences in catastrophe exposure, property age, and claims history.

The loss ratio for ZIP 38461 is 23.9%, meaning insurers retained a working margin after claims. Claim frequency — the share of policies with at least one claim — is 7.48%, and the average claim severity (amount paid per claim) is $6,316.

Across 5 years (2018–2022), premiums in ZIP 38461 have risen by 8.3%, ranging from $1,797 to $1,979 with a five-year average of $1,891 — 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.