ZIP 62462 Insurance Data

Data Snapshot: ZIP 62462 (Sigel, IL)

ZIP 62462 (Sigel, IL) shows an average homeowners insurance premium of $1,656 per year as of 2022, based on U.S. Treasury FIO ZIP-level observations across approximately 11 reported policies. That is 7% below the national average of $1,776 per year, placing this ZIP in the 58th percentile nationally. Compared to the Illinois state average of $1,631, this ZIP runs 2% above, reflecting neighborhood-level differences in catastrophe exposure, property age, and claims history.

The loss ratio for ZIP 62462 is 22.5%, meaning insurers retained a working margin after claims. Claim frequency — the share of policies with at least one claim — is 2.75%, and the average claim severity (amount paid per claim) is $13,555.

Across 5 years (2018–2022), premiums in ZIP 62462 have risen by 12.6%, ranging from $1,471 to $1,656 with a five-year average of $1,541 — an annualized rate of +3.0% 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.