ZIP 89108 Insurance Data

Data Snapshot: ZIP 89108 (Las Vegas, NV)

ZIP 89108 (Las Vegas, NV) shows an average homeowners insurance premium of $996 per year as of 2022, based on U.S. Treasury FIO ZIP-level observations across approximately 3,018 reported policies. That is 44% below the national average of $1,776 per year, placing this ZIP in the 7th percentile nationally. Compared to the Nevada state average of $1,253, this ZIP runs 21% below, reflecting neighborhood-level differences in catastrophe exposure, property age, and claims history.

The loss ratio for ZIP 89108 is 85.5%, meaning insurers are operating on thin margins here. Claim frequency — the share of policies with at least one claim — is 5.51%, and the average claim severity (amount paid per claim) is $15,455. Nonrenewal — insurers declining to extend coverage at policy expiration — occurs at 1.07% in this ZIP, a rise of 13.8% over the past five years; rising nonrenewal often signals insurer retreat from high-risk markets.

Across 5 years (2018–2022), premiums in ZIP 89108 have risen by 8.4%, ranging from $919 to $996 with a five-year average of $965 — an annualized rate of +2.0% 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.