ZIP 69024 Insurance Data

Data Snapshot: ZIP 69024 (Culbertson, NE)

ZIP 69024 (Culbertson, NE) shows an average homeowners insurance premium of $2,451 per year as of 2022, based on U.S. Treasury FIO ZIP-level observations across approximately 1 reported policies. That is 38% above the national average of $1,776 per year, placing this ZIP in the 88th percentile nationally. Compared to the Nebraska state average of $2,473, this ZIP runs 1% below, reflecting neighborhood-level differences in catastrophe exposure, property age, and claims history.

The loss ratio for ZIP 69024 is 61.2%, meaning insurers retained a working margin after claims. Claim frequency — the share of policies with at least one claim — is 18.31%, and the average claim severity (amount paid per claim) is $8,189. Nonrenewal — insurers declining to extend coverage at policy expiration — occurs at 2.82% in this ZIP, a rise of 150.7% over the past five years; rising nonrenewal often signals insurer retreat from high-risk markets.

Across 5 years (2018–2022), premiums in ZIP 69024 have fallen by 8.2%, ranging from $2,283 to $2,668 with a five-year average of $2,442 — an annualized rate of -2.1% 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.