ZIP 55105 Insurance Data

Data Snapshot: ZIP 55105 (Saint Paul, MN)

ZIP 55105 (Saint Paul, MN) shows an average homeowners insurance premium of $2,632 per year as of 2022, based on U.S. Treasury FIO ZIP-level observations across approximately 3,041 reported policies. That is 48% above the national average of $1,776 per year, placing this ZIP in the 91th percentile nationally. Compared to the Minnesota state average of $1,928, this ZIP runs 37% above, reflecting neighborhood-level differences in catastrophe exposure, property age, and claims history.

The loss ratio for ZIP 55105 is 96.7%, meaning insurers are operating on thin margins here. Claim frequency — the share of policies with at least one claim — is 15.15%, and the average claim severity (amount paid per claim) is $16,792. Nonrenewal — insurers declining to extend coverage at policy expiration — occurs at 0.23% in this ZIP, a drop of 53.9% over the past five years; rising nonrenewal often signals insurer retreat from high-risk markets.

Across 5 years (2018–2022), premiums in ZIP 55105 have risen by 8.7%, ranging from $2,421 to $2,632 with a five-year average of $2,518 — 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.