ZIP 46236 Insurance Data

Data Snapshot: ZIP 46236 (Indianapolis, IN)

ZIP 46236 (Indianapolis, IN) shows an average homeowners insurance premium of $1,868 per year as of 2022, based on U.S. Treasury FIO ZIP-level observations across approximately 1,000 reported policies. That is 5% above the national average of $1,776 per year, placing this ZIP in the 70th percentile nationally. Compared to the Indiana state average of $1,481, this ZIP runs 26% above, reflecting neighborhood-level differences in catastrophe exposure, property age, and claims history.

The loss ratio for ZIP 46236 is 103.4%, meaning insurers paid out more in claims than they collected — a signal that premiums may rise or carriers may exit. Claim frequency — the share of policies with at least one claim — is 14.61%, and the average claim severity (amount paid per claim) is $13,224. Nonrenewal — insurers declining to extend coverage at policy expiration — occurs at 1.30% in this ZIP, a drop of 30.2% over the past five years; rising nonrenewal often signals insurer retreat from high-risk markets.

Across 5 years (2018–2022), premiums in ZIP 46236 have fallen by 0.4%, ranging from $1,855 to $1,888 with a five-year average of $1,874 — 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.