ZIP 95032 Insurance Data

Data Snapshot: ZIP 95032 (Los Gatos, CA)

ZIP 95032 (Los Gatos, CA) shows an average homeowners insurance premium of $2,261 per year as of 2022, based on U.S. Treasury FIO ZIP-level observations across approximately 602 reported policies. That is 27% above the national average of $1,776 per year, placing this ZIP in the 83th percentile nationally. Compared to the California state average of $1,864, this ZIP runs 21% above, reflecting neighborhood-level differences in catastrophe exposure, property age, and claims history.

The loss ratio for ZIP 95032 is 24.2%, meaning insurers retained a working margin after claims. Claim frequency — the share of policies with at least one claim — is 2.81%, and the average claim severity (amount paid per claim) is $19,496. Nonrenewal — insurers declining to extend coverage at policy expiration — occurs at 0.91% in this ZIP, a rise of 175.9% over the past five years; rising nonrenewal often signals insurer retreat from high-risk markets.

Across 5 years (2018–2022), premiums in ZIP 95032 have risen by 22.5%, ranging from $1,846 to $2,283 with a five-year average of $2,098 — an annualized rate of +5.2% 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.