ZIP 45370 Insurance Data

Data Snapshot: ZIP 45370 (Spring Valley, OH)

ZIP 45370 (Spring Valley, OH) shows an average homeowners insurance premium of $1,807 per year as of 2022, based on U.S. Treasury FIO ZIP-level observations across approximately 44 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 Ohio state average of $1,263, this ZIP runs 43% above, reflecting neighborhood-level differences in catastrophe exposure, property age, and claims history.

The loss ratio for ZIP 45370 is 78.7%, meaning insurers retained a working margin after claims. Claim frequency — the share of policies with at least one claim — is 8.44%, and the average claim severity (amount paid per claim) is $16,861. Nonrenewal — insurers declining to extend coverage at policy expiration — occurs at 0.90% in this ZIP; rising nonrenewal often signals insurer retreat from high-risk markets.

Across 5 years (2018–2022), premiums in ZIP 45370 have risen by 8.7%, ranging from $1,662 to $1,807 with a five-year average of $1,710 — an annualized rate of +2.1% 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.