ZIP 57793 Insurance Data

Data Snapshot: ZIP 57793 (Whitewood, SD)

ZIP 57793 (Whitewood, SD) shows an average homeowners insurance premium of $2,584 per year as of 2022, based on U.S. Treasury FIO ZIP-level observations across approximately 5 reported policies. That is 46% above the national average of $1,776 per year, placing this ZIP in the 90th percentile nationally. Compared to the South Dakota state average of $1,854, this ZIP runs 39% above, reflecting neighborhood-level differences in catastrophe exposure, property age, and claims history.

The loss ratio for ZIP 57793 is 310.3%, 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 30.28%, and the average claim severity (amount paid per claim) is $26,488. Nonrenewal — insurers declining to extend coverage at policy expiration — occurs at 1.28% in this ZIP, a rise of 36.5% over the past five years; rising nonrenewal often signals insurer retreat from high-risk markets.

Across 5 years (2018–2022), premiums in ZIP 57793 have risen by 31.9%, ranging from $1,933 to $2,584 with a five-year average of $2,194 — an annualized rate of +7.2% 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.