Home-Insurance Climate — gni13WIqW8Tk8VPk

AI summary — generated from this report's data

The average home insurance premium in ZIP code 58078 was $1,881 in 2022, with a nonrenewal rate of 1.0%. The claim frequency for the area was 5.1%, and the average claim payment per paid claim was $8,107.

The average annual premium of $1,881 provides a baseline for home insurance costs in this ZIP code.
A nonrenewal rate of 1.0% indicates that a small percentage of policies were not renewed in 2022.
The provided data is ZIP-level and should be treated as area context, not a specific quote for the property.

Advisory read: Consider these reported ZIP-level home insurance market metrics as you evaluate the property's overall financial landscape.

Year	Avg premium	Nonrenewal rate
2018	$1,606	0.4%
2019	$1,660	0.7%
2020	$1,740	0.8%
2021	$1,833	0.8%
2022	$1,881	1.0%

How to read this

ZIP-level homeowners-insurance market metrics for 58078 (2022), from the U.S. Treasury's insurance data collection. This covers owner-occupied HO-3/HO-5 home policies (not condo, renter, flood, or state FAIR plans) and is validated in aggregate, not per ZIP — so treat it as area context, not a quote. Objective market data, never an input to a rent or value estimate. Provided as-is, without warranty.

Report generated on August 03, 2026. Figures are retrieved live or from a short-lived cache (up to 30 days for some public-data sources), so a figure may pre-date this report — each context card states its own data vintage. Comparable recency is shown per comp; county assessment figures reflect the assessor's latest published tax year; HUD figures reflect the current published fiscal year.

Rentari IQ rent estimates are informational market references, not pricing instructions. They are generated from your own property data, real comparable market listings, and — where local listing data is limited — AI-estimated market references (clearly labelled as such), never from other landlords' confidential rents, to support your own independent pricing decisions. You set your rents; Rentari does not. Every estimate is an advisory data point, and you remain solely responsible for the rent you charge. Estimates are not appraisals or legal advice and do not account for fair-housing, rent-control, or local pricing laws. Confirm every rent independently and comply with all applicable federal, state, and local requirements.

Disclaimer

This report is for informational purposes only and does not constitute financial, legal, investment, tax, or appraisal advice. Figures are drawn from the public and licensed data sources below and, where noted, AI-generated insights (Google Gemini) — always labelled as such. Please consult qualified professionals before making any decision.

Data sources

Rent comps & listings: RentCast · Property value, tax & assessment: ATTOM Data · Fair Market Rents & income limits: HUD (HUD.gov) · Demographics, income & housing medians: U.S. Census Bureau (American Community Survey) · New-construction supply: U.S. Census Bureau (Building Permits Survey) · Migration & income flows: IRS (Statistics of Income) · Employment, wages & rent inflation: U.S. Bureau of Labor Statistics · Flood zones & natural-hazard risk: FEMA (Flood Hazard Layer, National Risk Index) · Environmental screen & walkability: U.S. EPA (Superfund, AirNow, Walkability Index) · Seismic design values: U.S. Geological Survey · Mortgage market & rates: HMDA / Freddie Mac · Street View & geocoding: Google Maps · AI summaries & AI-estimated comps: Google Gemini (clearly labelled where used) · Your own executed leases: de-identified, from your account only

Home-Insurance Climate for Demo Property · West Fargo, ND

By year

Average premium by year

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