ZIP 83849 Insurance Data

Data Snapshot: ZIP 83849 (Osburn, ID)

ZIP 83849 (Osburn, ID) shows an average homeowners insurance premium of $980 per year as of 2022, based on U.S. Treasury FIO ZIP-level observations across approximately 38 reported policies. That is 45% below the national average of $1,776 per year, placing this ZIP in the 6th percentile nationally. Compared to the Idaho state average of $1,321, this ZIP runs 26% below, reflecting neighborhood-level differences in catastrophe exposure, property age, and claims history.

The loss ratio for ZIP 83849 is 33.0%, meaning insurers retained a working margin after claims. Claim frequency — the share of policies with at least one claim — is 3.28%, and the average claim severity (amount paid per claim) is $9,858. Nonrenewal — insurers declining to extend coverage at policy expiration — occurs at 1.73% in this ZIP, a rise of 321.4% over the past five years; rising nonrenewal often signals insurer retreat from high-risk markets.

Across 5 years (2018–2022), premiums in ZIP 83849 have risen by 17.2%, ranging from $836 to $980 with a five-year average of $902 — an annualized rate of +4.0% 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.