ZIP 55910 Insurance Data

Data Snapshot: ZIP 55910 (Altura, MN)

ZIP 55910 (Altura, MN) shows an average homeowners insurance premium of $1,760 per year as of 2022, based on U.S. Treasury FIO ZIP-level observations across approximately 6 reported policies. That is 1% below the national average of $1,776 per year, placing this ZIP in the 64th percentile nationally. Compared to the Minnesota state average of $1,928, this ZIP runs 9% below, reflecting neighborhood-level differences in catastrophe exposure, property age, and claims history.

The loss ratio for ZIP 55910 is 74.9%, meaning insurers retained a working margin after claims. Claim frequency — the share of policies with at least one claim — is 8.92%, and the average claim severity (amount paid per claim) is $14,790.

Across 5 years (2018–2022), premiums in ZIP 55910 have risen by 16.3%, ranging from $1,514 to $1,851 with a five-year average of $1,696 — an annualized rate of +3.9% 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.