ZIP 52623 Insurance Data

Data Snapshot: ZIP 52623 (Danville, IA)

ZIP 52623 (Danville, IA) shows an average homeowners insurance premium of $1,550 per year as of 2022, based on U.S. Treasury FIO ZIP-level observations across approximately 13 reported policies. That is 13% below the national average of $1,776 per year, placing this ZIP in the 50th percentile nationally. Compared to the Iowa state average of $1,629, this ZIP runs 5% below, reflecting neighborhood-level differences in catastrophe exposure, property age, and claims history.

The loss ratio for ZIP 52623 is 86.8%, meaning insurers are operating on thin margins here. Claim frequency — the share of policies with at least one claim — is 7.99%, and the average claim severity (amount paid per claim) is $16,853. Nonrenewal — insurers declining to extend coverage at policy expiration — occurs at 0.35% in this ZIP, a drop of 78.1% over the past five years; rising nonrenewal often signals insurer retreat from high-risk markets.

Across 5 years (2018–2022), premiums in ZIP 52623 have risen by 4.6%, ranging from $1,444 to $1,550 with a five-year average of $1,491 — an annualized rate of +1.1% 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.