ZIP 39663 Insurance Data

Data Snapshot: ZIP 39663 (Silver Creek, MS)

ZIP 39663 (Silver Creek, MS) shows an average homeowners insurance premium of $2,128 per year as of 2022, based on U.S. Treasury FIO ZIP-level observations across approximately 9 reported policies. That is 20% above the national average of $1,776 per year, placing this ZIP in the 80th percentile nationally. Compared to the Mississippi state average of $1,976, this ZIP runs 8% above, reflecting neighborhood-level differences in catastrophe exposure, property age, and claims history.

The loss ratio for ZIP 39663 is 41.3%, meaning insurers retained a working margin after claims. Claim frequency — the share of policies with at least one claim — is 11.32%, and the average claim severity (amount paid per claim) is $7,756. Nonrenewal — insurers declining to extend coverage at policy expiration — occurs at 1.84% in this ZIP, a rise of 25.6% over the past five years; rising nonrenewal often signals insurer retreat from high-risk markets.

Across 5 years (2018–2022), premiums in ZIP 39663 have risen by 5.3%, ranging from $2,021 to $2,152 with a five-year average of $2,088 — an annualized rate of +1.3% 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.