The average monetary value of homeowners policy in California is $ 1,727 per class, or $ 144 per calendar month. That ‘s 3 % higher than the countrywide average of $ 1,495 .
In addition to price, we considered customer reviews and ratings, coverages and handiness.
Cheapest home insurance companies in California
Allstate has the best homeowner policy rates in California — a policy costs $ 1,115 per class, on modal. Travelers, State Farm, AAA SoCal and USAA besides offer cheaper-than-average rates .
We gathered quotes across every ZIP code in California from 11 of the most popular insurers in the state. Quotes from each company were averaged across the state to find which insurance companies have the least expensive dwelling policy rates in California .
Find Cheap Homeowners Insurance Quotes in Your Area
presently insured ? USAA besides offers great rates and customer service for eligible homeowners, including active-duty military members, veterans and their families .
|
Company |
Annual |
Monthly |
|
|---|---|---|---|
 |
Allstate | $1,115 | $93 |
 |
Travelers | $1,116 | $93 |
 |
USAA | $1,484 | $124 |
 |
State Farm | $1,559 | $130 |
 |
AAA SoCal | $1,576 | $131 |
 |
Nationwide | $1,727 | $144 |
| AAA NorCal | $1,831 | $153 | |
|
The Hartford | $2,002 | $167 |
 |
Farmers | $2,204 | $184 |
 |
Chubb | $2,661 | $222 |
|
AIG | $2,952 | $246 |
Best for most people: Allstate
Allstate offers Californians the cheapest home indemnity rates in the state, with a typical monetary value of $1,115 per year — $ 612 less than the statewide average. Along with the lowest rates, Allstate has the best discount for bundling home and auto insurance in California. Homeowners who besides purchase a car insurance policy can save up to 25%. Allstate besides offers a 10 % welcome discount for new customers along with payment and safety discounts .
In summation, Allstate offers a number of optional coverage add-ons that Californians may find useful, including :
Best for high-value homes: Chubb
Californians with costly homes should consider homeowners indemnity from Chubb. The company specializes in providing high levels of policy coverage for expensive and custom-made homes. In addition to highly see customer service, Chubb offers coverages like extended surrogate cost, which pays to repair or replace items even if they cost more than their original respect .
Chubb ‘s prices tend to be much higher than its competitors, so homeowners looking for low-cost home insurance should look elsewhere. additionally, the company typically requires that you buy a certain charge of home policy, so homeowners who do n’t need a eminent degree of coverage may not qualify .
Best for great customer service: AIG
Homeowners who want a high-quality customer overhaul experience should consider AIG. The party has a very abject complaint index from the NAIC, meaning it receives fewer complaints than other insurers of its size. It besides received an above-average score on the annual J.D. Power customer atonement review. Although customer service may not be your top precedence on a daily basis, it ‘s important to have an insurance company that you can rely on if you have to make a claim .
however, AIG ‘s rates are the highest that we found in California. On average, homeowners can expect to pay $ 2,952 per year for a policy from AIG, which is $ 1,225 more than the average price across the state .
Cost of insurance by city in California
Homeowners in Los Osos pay the lowest dwelling insurance rates in California — $ 1,301 per class. Acton has the highest home insurance rates in the state of matter, $ 2,710 per year .
In California ‘s largest city, Los Angeles, home policy rates are 27 % higher than the statewide average .
|
City |
Average annual cost |
Percent from average |
|---|---|---|
| Acalanes Ridge | $1,732 | 0% |
| Acampo | $1,684 | -2% |
| Acton | $2,710 | 57% |
| Adelanto | $2,133 | 23% |
| Adin | $2,135 | 24% |
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Insurers with the best and worst customer service reviews in California
The top-rated homeowners insurance companies in California are USAA, AIG and Chubb .
In searching for the best indemnity company in California, it ‘s authoritative to consider customer service and fiscal stability a good as price. We measured customer service by analyzing the National Association of Insurance Commissioners ( NAIC ) charge index, J.D. Power customer satisfaction survey scores and our own editor ‘s ratings .
|
Company |
Home Insurance Rating |
|---|---|
| USAA |
|
| AIG |
|
| Chubb |
|
| Nationwide |
|
| AAA NorCal |
|
| AAA SoCal |
|
| Allstate |
|
| Farmers |
|
| State Farm |
|
| Travelers |
|
| The Hartford |
|
The biggest California home insurance risks: Fire, earthquake and flood
From frequent wildfires filling newspaper headlines to predictions of impending disasters to come, California homeowners are rightly concerned about how far their insurance coverage goes. It ‘s crucial that California homeowners have the proper coverage in position to protect themselves against coarse hazards .
Fire insurance in California
Wildfires are a major threat to homes throughout California. Measured by structures destroyed, the November 2018 Camp Fire in Butte County was the most lay waste to in California history. The risk of fuel is at a historic high for the state ’ mho homeowners : 2018 and 2017 went down as the two most destructive wildfire seasons on record, with six of the 10 most destructive fires in state history occurring in the end five years .
Top 10 Most Destructive California Wildfires
|
Fire name |
Date |
Structures destroyed |
|---|---|---|
| Camp Fire | Nov 2018 | 18,804 |
| Tubbs | Oct 2017 | 5,636 |
| Tunnel | Oct 1991 | 2,900 |
| Cedar | Oct 2003 | 2,820 |
| North Complex | Aug 2020 | 2,352 |
| Valley | Sep 2015 | 1,955 |
| Witch | Oct 2007 | 1,650 |
| Woolsey | Nov 2018 | 1,643 |
| Carr | Jul 2018 | 1,604 |
| Glass | Sept 2020 | 1,520 |
Fire wrong is about always covered by a standard homeowners insurance policy, so shopping for a separate fire policy policy is normally unnecessary. however, the increased gamble of wildfires in California have led a growing phone number of insurers to stop extend coverage in areas considered to be high risk for fires .
If you ‘re unable to get a homeowners policy quote from a typical insurance company because you ‘re located in a bad sphere, you should talk to an independent insurance agent who can help you find specialize indemnity companies that provide coverage in bad zones. { “ backgroundColor ” : ” ice ”, ” content ” : ” \u003C\/p\u003E\n\n\u003Cp\u003EFire damage is about constantly covered by a standard homeowners insurance policy, so shopping for a separate fire indemnity policy is normally unnecessary. however, the increased hazard of wildfires in California have led a growing total of insurers to stop offer coverage in areas considered to be \u003Cspan\u003E\u003Ca class=\ ” ShortcodeLink — root ShortcodeLink — black\ ” title=\ ” How is fire risk calculated ? \ ” href=\ ” hypertext transfer protocol : \/\/www.valuepenguin.com\/iso-fire-rating-home-insurance\ ” \u003Ehigh risk for fires\u003C\/a\u003E\u003C\/span\u003E.\u003C\/p\u003E\n\n\u003Cp\u003EIf you ‘re unable to get a homeowners policy quotation from a typical insurance company because you ‘re located in a bad area, you should talk to an autonomous insurance agentive role who can help you find specialized indemnity companies that provide coverage in bad zones. \n ”, ” padding ” : ” double ” }
If all else fails, you can look to the California FAIR Plan Association for open fire policy coverage. The FAIR Plan is a publicly supported program designed to provide coverage for homeowners who can not get policies on the private grocery store. FAIR plans are often more expensive than secret home indemnity, so they should be considered a stopping point fall back .
It ‘s besides authoritative for homeowners to be certain that a home plate indemnity policy will cover the fully measure of a home in the consequence of a sum passing, meaning if a fire destroys your home. In the November 2018 wildfires, around 40 % of claims came from policyholders who had experienced a entire loss. It ‘s necessity to choose dwelling coverage limits at or above the substitution cost of your home to ensure you ‘re fully covered in a worst-case scenario .
Earthquake insurance in California
In contrast to fire damage, earthquake price broadly wo n’t be covered by homeowners indemnity in California .
Homeowners can purchase earthquake indemnity through the California Earthquake Authority ( CEA ), which sells publicly supported earthquake policies, or private earthquake insurance companies. There are a few requirements to get CEA earthquake coverage :
- You must already have a residential property insurance policy (homeowners, renters or condo insurance)
- If your current residential insurance provider participates in the CEA, then you must get your CEA earthquake insurance from that same provider
Compared to mandatary homeowners coverage, earthquake indemnity is unpopular for several reasons. It ‘s not required by mortgage lenders as a condition of your family loanword. Earthquake indemnity can besides be costly — for a single-family home with a $ 500,000 surrogate cost, an earthquake policy costs an average of $ 1,770 per year in California. That ‘s a much as the cost of a standard homeowners policy policy .
Flood and mudslide insurance in California
Homeowners indemnity policies do not cover flood damage. Though California is a coastal state, most flood damage is due to rainfall, not the ocean, so homeowners closer to rivers are at the highest risk. Homeowners looking for flood indemnity in California can obtain it from the National Flood Insurance Program, which is sponsored by the union government, or a private flood tide indemnity ship’s company, which has the electric potential to offer cheaper rates and higher coverage limits .
Mudslide wrong is typically not covered by homeowners indemnity, but homeowners may be covered if the mudslide was caused by a cover event .
For model, wildfires in the hillsides of Montecito caused an extreme mudslide in January 2018. The fires destroyed vegetation in the area, making it more susceptible to debris flows. Since fires are covered by homeowners insurance, and the mudslide was ultimately attributed to the fires, insurance companies largely agreed to cover the damage .
In fact, this precedent was made law with a beak enacted by the California legislature late in 2018, which mandated that insurers would be liable to its policyholders for damage to a home if the initial induce of an event — in this font, a fire — is covered in their policies. The Montecito incident illustrates why California homeowners should be aware of the complexities of what their homeowners insurance policies will and will not cover .
Frequently asked questions
How much is home insurance in California?
Homeowners indemnity in California costs $1,727 per year, or $ 144 per month, on average. however, rates fluctuate between $ 1,310 and $ 2,710 depending on where you live in the country.
What is the best homeowners insurance company in California?
The best insurance company in California depends on your needs as a homeowner. Allstate has the cheapest rates and best discount for bundling home and car indemnity, while Chubb provides excellent coverage for high-value homes.
How much is homeowners insurance in San Diego?
home insurance in San Diego costs $1,595 per year, which is 8 % cheaper than the statewide median. In comparison, homeowners in San Francisco can expect to pay $ 1,727, while a policy in Los Angeles costs $ 2,188, on average .
Methodology
We collected homeowners insurance quotes for properties in every ZIP code in California. Our sample distribution property was built in 1975 and insured to the current median price of a home in California, $ 505,000. Quotes for this home were obtained from 11 of the largest home policy companies in California :
- AAA NorCal
- AAA SoCal
- AIG
- Allstate
- Chubb
- Farmers
- Nationwide
- State Farm
- The Hartford
- Travelers
- USAA
ValuePenguin ‘s psychoanalysis used indemnity rate data from Quadrant Information Services. These rates were publicly sourced from insurance company filings and should be used for relative purposes lone — your own quotes may be different .
Sources:
- California Census Data
- Cal Fire