ZIP 57070 Insurance Data

Data Snapshot: ZIP 57070 (Viborg, SD)

ZIP 57070 (Viborg, SD) shows an average homeowners insurance premium of $1,782 per year as of 2022, based on U.S. Treasury FIO ZIP-level observations across approximately 5 reported policies. That is 0% above the national average of $1,776 per year, placing this ZIP in the 65th percentile nationally. Compared to the South Dakota state average of $1,854, this ZIP runs 4% below, reflecting neighborhood-level differences in catastrophe exposure, property age, and claims history.

The loss ratio for ZIP 57070 is 346.2%, 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 35.24%, and the average claim severity (amount paid per claim) is $17,509. Nonrenewal — insurers declining to extend coverage at policy expiration — occurs at 1.32% in this ZIP, a rise of 29.5% over the past five years; rising nonrenewal often signals insurer retreat from high-risk markets.

Across 5 years (2018–2022), premiums in ZIP 57070 have risen by 32.8%, ranging from $1,342 to $1,782 with a five-year average of $1,533 — an annualized rate of +7.4% 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.