ZIP 49884 Insurance Data

Data Snapshot: ZIP 49884 (Shingleton, MI)

ZIP 49884 (Shingleton, MI) shows an average homeowners insurance premium of $900 per year as of 2022, based on U.S. Treasury FIO ZIP-level observations. That is 49% 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 27% below, reflecting neighborhood-level differences in catastrophe exposure, property age, and claims history.

The loss ratio for ZIP 49884 is 153.0%, 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 5.46%, and the average claim severity (amount paid per claim) is $25,209.

Across 5 years (2018–2022), premiums in ZIP 49884 have risen by 2.9%, ranging from $870 to $900 with a five-year average of $884 — an annualized rate of +0.7% 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.