ZIP 57760 Insurance Data

Data Snapshot: ZIP 57760 (Newell, SD)

ZIP 57760 (Newell, SD) shows an average homeowners insurance premium of $1,921 per year as of 2022, based on U.S. Treasury FIO ZIP-level observations. That is 8% above the national average of $1,776 per year, placing this ZIP in the 72th percentile nationally. Compared to the South Dakota state average of $1,854, this ZIP runs 4% above, reflecting neighborhood-level differences in catastrophe exposure, property age, and claims history.

The loss ratio for ZIP 57760 is 75.4%, meaning insurers retained a working margin after claims. Claim frequency — the share of policies with at least one claim — is 9.84%, and the average claim severity (amount paid per claim) is $14,720. Nonrenewal — insurers declining to extend coverage at policy expiration — occurs at 2.46% in this ZIP, a rise of 8.2% over the past five years; rising nonrenewal often signals insurer retreat from high-risk markets.

Across 5 years (2018–2022), premiums in ZIP 57760 have risen by 28.3%, ranging from $1,497 to $1,921 with a five-year average of $1,707 — an annualized rate of +6.4% 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.