ZIP 71838 Insurance Data

Data Snapshot: ZIP 71838 (Fulton, AR)

ZIP 71838 (Fulton, AR) shows an average homeowners insurance premium of $2,220 per year as of 2022, based on U.S. Treasury FIO ZIP-level observations across approximately 3 reported policies. That is 25% above the national average of $1,776 per year, placing this ZIP in the 82th percentile nationally. Compared to the Arkansas state average of $1,736, this ZIP runs 28% above, reflecting neighborhood-level differences in catastrophe exposure, property age, and claims history.

The loss ratio for ZIP 71838 is 17.3%, meaning insurers retained a working margin after claims. Claim frequency — the share of policies with at least one claim — is 3.01%, and the average claim severity (amount paid per claim) is $12,793. Nonrenewal — insurers declining to extend coverage at policy expiration — occurs at 0.75% in this ZIP, a drop of 18.1% over the past five years; rising nonrenewal often signals insurer retreat from high-risk markets.

Across 5 years (2018–2022), premiums in ZIP 71838 have risen by 11.0%, ranging from $2,000 to $2,220 with a five-year average of $2,111 — an annualized rate of +2.6% 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.