ZIP 61078 Insurance Data

Data Snapshot: ZIP 61078 (Shannon, IL)

ZIP 61078 (Shannon, IL) shows an average homeowners insurance premium of $1,449 per year as of 2022, based on U.S. Treasury FIO ZIP-level observations across approximately 9 reported policies. That is 18% below the national average of $1,776 per year, placing this ZIP in the 43th percentile nationally. Compared to the Illinois state average of $1,631, this ZIP runs 11% below, reflecting neighborhood-level differences in catastrophe exposure, property age, and claims history.

The loss ratio for ZIP 61078 is 18.9%, meaning insurers retained a working margin after claims. Claim frequency — the share of policies with at least one claim — is 4.11%, and the average claim severity (amount paid per claim) is $6,672.

Across 5 years (2018–2022), premiums in ZIP 61078 have risen by 16.7%, ranging from $1,233 to $1,449 with a five-year average of $1,317 — 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.