ZIP 93704 Insurance Data

Data Snapshot: ZIP 93704 (Fresno, CA)

ZIP 93704 (Fresno, CA) shows an average homeowners insurance premium of $1,358 per year as of 2022, based on U.S. Treasury FIO ZIP-level observations across approximately 1,912 reported policies. That is 24% below the national average of $1,776 per year, placing this ZIP in the 36th percentile nationally. Compared to the California state average of $1,864, this ZIP runs 27% below, reflecting neighborhood-level differences in catastrophe exposure, property age, and claims history.

The loss ratio for ZIP 93704 is 49.8%, meaning insurers retained a working margin after claims. Claim frequency — the share of policies with at least one claim — is 3.91%, and the average claim severity (amount paid per claim) is $17,282. Nonrenewal — insurers declining to extend coverage at policy expiration — occurs at 0.99% in this ZIP, a rise of 85.5% over the past five years; rising nonrenewal often signals insurer retreat from high-risk markets.

Across 5 years (2018–2022), premiums in ZIP 93704 have risen by 13.0%, ranging from $1,202 to $1,358 with a five-year average of $1,290 — an annualized rate of +3.1% 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.