ZIP 63870 Insurance Data

Data Snapshot: ZIP 63870 (Parma, MO)

ZIP 63870 (Parma, MO) shows an average homeowners insurance premium of $1,828 per year as of 2022, based on U.S. Treasury FIO ZIP-level observations across approximately 5 reported policies. That is 3% above the national average of $1,776 per year, placing this ZIP in the 67th percentile nationally. Compared to the Missouri state average of $2,056, this ZIP runs 11% below, reflecting neighborhood-level differences in catastrophe exposure, property age, and claims history.

The loss ratio for ZIP 63870 is 7.3%, meaning insurers retained a working margin after claims. Nonrenewal — insurers declining to extend coverage at policy expiration — occurs at 1.69% in this ZIP; rising nonrenewal often signals insurer retreat from high-risk markets.

Across 5 years (2018–2022), premiums in ZIP 63870 have fallen by 8.6%, ranging from $1,793 to $2,000 with a five-year average of $1,884 — an annualized rate of -2.2% 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.