ZIP 74531 Insurance Data

Data Snapshot: ZIP 74531 (Calvin, OK)

ZIP 74531 (Calvin, OK) shows an average homeowners insurance premium of $2,229 per year as of 2022, based on U.S. Treasury FIO ZIP-level observations across approximately 3 reported policies. That is 26% above the national average of $1,776 per year, placing this ZIP in the 83th percentile nationally. Compared to the Oklahoma state average of $2,622, this ZIP runs 15% below, reflecting neighborhood-level differences in catastrophe exposure, property age, and claims history.

The loss ratio for ZIP 74531 is 87.8%, meaning insurers are operating on thin margins here. Claim frequency — the share of policies with at least one claim — is 11.90%, and the average claim severity (amount paid per claim) is $16,442.

Across 5 years (2018–2022), premiums in ZIP 74531 have risen by 2.3%, ranging from $2,137 to $2,267 with a five-year average of $2,191 — an annualized rate of +0.6% 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.