Homeowners insurance in New York: premium by ZIP code
New York's median ZIP code paid $1,218 per policy in 2022, but Suffolk, Nassau and Westchester counties paid over $2,500.
Independent site, not an insurer or a broker. Treasury figures cover 2018 to 2022 only.
Premium per policy in 2022, New York (median ZIP code)
$1,218
Average paid per HO-3 or HO-5 policy, inflation-adjusted as published by the Treasury. At September 2026 prices: about $1,622.
| Change from 2018 to 2022, after inflation | +3.0% |
| Premium per policy in 2018 | $1,182 |
| Premium per policy in 2022 | $1,218 |
| 2022 premium carried to September 2026 (BLS index) | $1,622 |
| Policies not renewed by the insurer, 2022 | 0.40% |
| Claims paid per 100 policies, yearly average | 3.4 |
| Average claim paid, 2018 to 2022 (adjusted) | $15,898 |
| Cancelled for nonpayment, 2022 | 0.92% |
Treasury data stop in 2022. The September 2026 figure applies the national BLS price index to the 2022 value, read as 2022 dollars: an estimate, not a quote.
Compiled by Radif Partners · Where the numbers come from · 1,536 ZIP codes in 62 counties of New York in the Treasury file · not a quote
New York has two homeowners insurance markets. Across its 1,536 ZIP codes in the Treasury file, the median paid $1,218 per policy in 2022, ranked 40 of 51 and well below the national $1,551, after a rise of +4.3% after inflation. That median is set by upstate, where Erie County, Buffalo, paid $1,009. Downstate suburbs pay more than twice as much: Suffolk County $2,696, Nassau $2,634 and Westchester $2,598. The state's spread is one of the widest in the country, from under $910 for the cheapest tenth of ZIP codes to over $3,076 for the dearest, and the East End of Long Island tops it: ZIP 11962 paid $22,974. Insurers rarely declined to renew, 0.40% in 2022, ranked 47 of 51. The New York Property Insurance Underwriting Association covers homes declined elsewhere. New York City ZIP codes are mostly condos and co-ops, insured on other forms. The data stop in 2022.
Long Island and Westchester
Suffolk County had 106 ZIP codes in the file, the most of any New York county, and a median of $2,696 in 2022. Nassau paid $2,634 and Westchester $2,598, both nearly flat after inflation. Two things drive those figures: house values, which set dwelling limits, and coastal storm exposure on Long Island. ZIP 11962 and 11976, Sagaponack and Water Mill in the Hamptons, paid $22,974 and $19,340. Many Long Island policies carry a percentage hurricane or windstorm deductible that applies after a hurricane warning.
A Long Island house with a hurricane deductible
Example, not your result yet· change a figure to see yours
The insurer would pay
$15,000
| Full percentage deductible | $15,000 |
| Paid with the flat deductible instead | $29,000 |
| Extra you carry because of the percentage | $14,000 |
| 2% of this dwelling limit | $15,000 |
Upstate
Erie County had 61 ZIP codes and a median of $1,009, up +4.0% after inflation. The cheapest ZIP codes in the state were 14884 in Allegany County at $723 and 13211 in Onondaga County, Syracuse, at $745, among the lowest figures in the country. Upstate claims are mostly winter ones: snow load, ice dams and frozen pipes. The paid loss ratio of the median ZIP code was low throughout, 32%, 29%, 26%, 31%, 30% from 2018 to 2022.
New York City
Most New York City households rent or own a condominium or co-op apartment, insured on HO-4 and HO-6 forms, and the city's ZIP codes contribute few HO-3 and HO-5 policies to the file. A one-to-four family house in Queens or Staten Island is insured like any other house, and its ZIP code figure is in the lookup. Renters can size a policy with the renters calculator.
Renewals and the plan
New York's median nonrenewal rate stayed between 0.27% and 0.40% over the five years. In 2022 it was 0.40%, well under the national median, and cancellations for nonpayment ran at 0.92%. The New York Property Insurance Underwriting Association writes basic and broad dwelling fire policies for homes that cannot find a private insurer, many of them on Long Island. The New York Department of Financial Services reviews complaints.
New York, year by year
| Year | New York median ZIP | National median ZIP | Nonrenewal rate | Claims per 100 policies | Paid loss ratio |
|---|---|---|---|---|---|
| 2018 | $1,182 | $1,445 | 0.40% | 3.7 | 32% |
| 2019 | $1,204 | $1,469 | 0.38% | 3.3 | 29% |
| 2020 | $1,212 | $1,491 | 0.27% | 3 | 26% |
| 2021 | $1,215 | $1,521 | 0.33% | 3.5 | 31% |
| 2022 | $1,218 | $1,551 | 0.40% | 2.9 | 30% |
The New York counties with the most ZIP codes in the file
| County | ZIP codes | Median 2018 | Median 2022 | Change | Nonrenewal 2022 | Average claim |
|---|---|---|---|---|---|---|
| Suffolk County | 106 | $2,512 | $2,696 | +4.4% | 0.34% | $24,091 |
| Westchester County | 72 | $2,578 | $2,598 | +0.6% | 0.37% | $21,423 |
| Nassau County | 66 | $2,564 | $2,634 | +2.2% | 0.38% | $25,018 |
| Erie County | 61 | $956 | $1,009 | +4.0% | 0.45% | $11,568 |
| Queens County | 58 | $1,962 | $2,139 | +6.7% | 0.53% | $24,513 |
| Ulster County | 53 | $1,436 | $1,487 | +3.9% | 0.35% | $15,821 |
| Monroe County | 39 | $889 | $913 | +5.3% | 0.27% | $10,643 |
| Oneida County | 39 | $989 | $1,034 | +5.7% | 0.53% | $12,715 |
Highest and lowest premiums per policy, New York ZIP codes, 2022
| ZIP code | County | Premium per policy | Change since 2018 | Nonrenewal 2022 |
|---|---|---|---|---|
| 11962 | Suffolk County | $22,974 | +13.8% | 0.67% |
| 11976 | Suffolk County | $19,340 | +18.6% | 0.17% |
| 10021 | New York County | $18,597 | +58.8% | 1.91% |
| 11932 | Suffolk County | $17,929 | +16.4% | 0.51% |
| 10014 | New York County | $16,786 | +38.6% | 0.93% |
| 14884 | Allegany County | $723 | +3.6% | 0.00% |
| 13211 | Onondaga County | $745 | +3.8% | 0.25% |
| 14623 | Monroe County | $758 | +4.4% | 0.27% |
| 14720 | Chautauqua County | $758 | +9.5% | 0.00% |
| 14904 | Chemung County | $762 | +4.6% | 0.37% |