ZIP 64503 Insurance Data

Data Snapshot: ZIP 64503 (Saint Joseph, MO)

ZIP 64503 (Saint Joseph, MO) shows an average homeowners insurance premium of $1,757 per year as of 2022, based on U.S. Treasury FIO ZIP-level observations across approximately 330 reported policies. That is 1% below the national average of $1,776 per year, placing this ZIP in the 64th percentile nationally. Compared to the Missouri state average of $2,056, this ZIP runs 15% below, reflecting neighborhood-level differences in catastrophe exposure, property age, and claims history.

The loss ratio for ZIP 64503 is 37.3%, meaning insurers retained a working margin after claims. Claim frequency — the share of policies with at least one claim — is 7.01%, and the average claim severity (amount paid per claim) is $9,348. Nonrenewal — insurers declining to extend coverage at policy expiration — occurs at 1.15% in this ZIP, a drop of 30.9% over the past five years; rising nonrenewal often signals insurer retreat from high-risk markets.

Across 5 years (2018–2022), premiums in ZIP 64503 have risen by 18.4%, ranging from $1,484 to $1,757 with a five-year average of $1,614 — an annualized rate of +4.3% 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.