ZIP 81505 Insurance Data

Data Snapshot: ZIP 81505 (Grand Junction, CO)

ZIP 81505 (Grand Junction, CO) shows an average homeowners insurance premium of $1,199 per year as of 2022, based on U.S. Treasury FIO ZIP-level observations across approximately 37 reported policies. That is 32% below the national average of $1,776 per year, placing this ZIP in the 23th percentile nationally. Compared to the Colorado state average of $2,591, this ZIP runs 54% below, reflecting neighborhood-level differences in catastrophe exposure, property age, and claims history.

The loss ratio for ZIP 81505 is 62.5%, meaning insurers retained a working margin after claims. Claim frequency — the share of policies with at least one claim — is 3.20%, and the average claim severity (amount paid per claim) is $23,410. Nonrenewal — insurers declining to extend coverage at policy expiration — occurs at 0.54% in this ZIP, a drop of 34.8% over the past five years; rising nonrenewal often signals insurer retreat from high-risk markets.

Across 5 years (2018–2022), premiums in ZIP 81505 have risen by 9.1%, ranging from $1,083 to $1,199 with a five-year average of $1,128 — 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.