ZIP 85253 Insurance Data

Data Snapshot: ZIP 85253 (Paradise Valley, AZ)

ZIP 85253 (Paradise Valley, AZ) shows an average homeowners insurance premium of $5,028 per year as of 2022, based on U.S. Treasury FIO ZIP-level observations across approximately 366 reported policies. That is 183% above the national average of $1,776 per year, placing this ZIP in the 99th percentile nationally. Compared to the Arizona state average of $1,226, this ZIP runs 310% above, reflecting neighborhood-level differences in catastrophe exposure, property age, and claims history.

The loss ratio for ZIP 85253 is 55.7%, meaning insurers retained a working margin after claims. Claim frequency — the share of policies with at least one claim — is 9.43%, and the average claim severity (amount paid per claim) is $29,723. Nonrenewal — insurers declining to extend coverage at policy expiration — occurs at 1.24% in this ZIP, a rise of 134.2% over the past five years; rising nonrenewal often signals insurer retreat from high-risk markets.

Across 5 years (2018–2022), premiums in ZIP 85253 have risen by 11.7%, ranging from $4,501 to $5,028 with a five-year average of $4,713 — an annualized rate of +2.8% 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.