ZIP 48728 Insurance Data

Data Snapshot: ZIP 48728 (Curran, MI)

ZIP 48728 (Curran, MI) shows an average homeowners insurance premium of $879 per year as of 2022, based on U.S. Treasury FIO ZIP-level observations. That is 51% below the national average of $1,776 per year, placing this ZIP in the 2th percentile nationally. Compared to the Michigan state average of $1,233, this ZIP runs 29% below, reflecting neighborhood-level differences in catastrophe exposure, property age, and claims history.

The loss ratio for ZIP 48728 is 9.9%, meaning insurers retained a working margin after claims. Claim frequency — the share of policies with at least one claim — is 1.45%, and the average claim severity (amount paid per claim) is $6,003. Nonrenewal — insurers declining to extend coverage at policy expiration — occurs at 0.58% in this ZIP, a drop of 72.5% over the past five years; rising nonrenewal often signals insurer retreat from high-risk markets.

Across 5 years (2018–2022), premiums in ZIP 48728 have fallen by 0.3%, ranging from $848 to $905 with a five-year average of $879 — 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.