ZIP 89423 Insurance Data

Data Snapshot: ZIP 89423 (Minden, NV)

ZIP 89423 (Minden, NV) shows an average homeowners insurance premium of $1,181 per year as of 2022, based on U.S. Treasury FIO ZIP-level observations across approximately 58 reported policies. That is 33% below the national average of $1,776 per year, placing this ZIP in the 22th percentile nationally. Compared to the Nevada state average of $1,253, this ZIP runs 6% below, reflecting neighborhood-level differences in catastrophe exposure, property age, and claims history.

The loss ratio for ZIP 89423 is 12.6%, meaning insurers retained a working margin after claims. Claim frequency — the share of policies with at least one claim — is 1.35%, and the average claim severity (amount paid per claim) is $11,038. Nonrenewal — insurers declining to extend coverage at policy expiration — occurs at 0.34% in this ZIP, a rise of 45.6% over the past five years; rising nonrenewal often signals insurer retreat from high-risk markets.

Across 5 years (2018–2022), premiums in ZIP 89423 have risen by 11.8%, ranging from $1,057 to $1,181 with a five-year average of $1,120 — 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.