ZIP 87056 Insurance Data

Data Snapshot: ZIP 87056 (Stanley, NM)

ZIP 87056 (Stanley, NM) shows an average homeowners insurance premium of $1,616 per year as of 2022, based on U.S. Treasury FIO ZIP-level observations. That is 9% below the national average of $1,776 per year, placing this ZIP in the 55th percentile nationally. Compared to the New Mexico state average of $1,577, this ZIP runs 2% above, reflecting neighborhood-level differences in catastrophe exposure, property age, and claims history.

The loss ratio for ZIP 87056 is 5.0%, meaning insurers retained a working margin after claims. Nonrenewal — insurers declining to extend coverage at policy expiration — occurs at 1.16% in this ZIP; rising nonrenewal often signals insurer retreat from high-risk markets.

Across 5 years (2018–2022), premiums in ZIP 87056 have fallen by 20.5%, ranging from $1,553 to $2,032 with a five-year average of $1,667 — an annualized rate of -5.6% 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.