Average Cost of Homeowners Insurance in California (2024)

The average cost of homeowners insurance in California in 2024 is $1,148. This is 111% lower than the national average of $2,423, offering Californians a more affordable option for protecting their homes.

Aside from the coverage you get on your home, the provider you choose has the largest impact on premiums, with the difference between the lowest and highest premium amounts reaching $1,492 on average. If your rates have recently increased, we've also analyzed the cheapest policies in California. Compare your options for more competitive premiums.

In California, the average homeowners insurance premium is $1,148 for policies with $250K in dwelling coverage, $125K in personal property coverage and $200K in liability coverage, which is less than the national average of $2,423.

Determining how much coverage you need is important because it should be adequate to rebuild your home and replace personal property in the event of a total loss. For example, a policy with $100K in dwelling coverage costs an average of $602 annually, while a policy covering $500K in dwelling coverage jumps to an average of $2,081 annually. These premiums illustrate the correlation between the amount of coverage and the cost of the policy.

Premiums for homeowners insurance in California can vary significantly depending on the insurer, even for similar levels of coverage. For instance, a policy from Allstate might cost considerably less per year than one from Chubb, reflecting diverse underwriting practices and risk assessments.

There are plenty of great home insurance providers in California, so comparing quotes pays off.

The roofing material of your home can influence your homeowners insurance premium. In California, roof types like composition may result in slightly lower premiums than shake-treated roofs.

Similarly, the construction material of your home plays a role in insurance costs. Superior construction materials, which are more resistant to certain perils like wildfires, may attract a slightly lower premium than standard frame construction homes.

Use the drop-downs in the table below to see how premiums change based on your home's materials.

Insuring a new construction home in California averages $669 annually, which is less than the $1,148 average annual premium for existing homes. The modern materials and adherence to current building codes contribute to the lower insurance costs for new homes. The table below displays the premium differences for new versus existing homes based on the coverage amounts you select.

In California, homeowners with no claims in the past five years can expect an average annual premium of $1,148 for their insurance. However, if you've filed one claim in the past five years, the average jumps to $1,557, and two claims will raise the average annual premium to $1,929. These figures show a respective $409 and $781 increase from the baseline average premium, highlighting the impact claims history has on insurance costs.

For the cities we analyzed, we found premiums ranging from $920 to $1,323 annually. In Anaheim, homeowners can expect to pay around $1,181, while Antioch residents might see premiums closer to $979. On the higher end, Apple Valley's average is approximately $1,323 per year.

Location impacts premium prices due to varying risks like crime rates, weather patterns, and local construction costs. While city location is a significant factor, it's one of many, including coverage amounts and the age of the home, that influence insurance costs.

Shopping for home insurance in California doesn't have to be tough. Getting a great policy is doable with an understanding of the process. Find the best deal for you with our guide.

In California, homeowners can often save on insurance by bundling their home and auto policies. On average, policyholders may enjoy savings ranging from $97 to $478 per year, which equates to about a 15% discount on the combined cost of both premiums.

California offers a variety of homeowners insurance discounts to help lower premiums.

• Loyalty discount for staying with the same insurer for several years.
• Protective devices discount for homes with security systems or smoke detectors.
• Claims-free discount for homeowners who haven't filed a claim in a certain period.

To maximize your savings, it's important to inquire about all available discounts when requesting a quote.

A variety of homeowners insurance resources are at your disposal in California. Whether you're a new homeowner seeking affordability or a seasoned property owner looking for specific coverage details, these links offer a wealth of information tailored to Californians.

• California Department of Insurance: Official state resource for insurance regulations.
• Affordable Home Insurance in California: Find cost-effective options for your home.
• California Homeowners Insurance Calculator: Estimate your potential insurance costs.
• High-Risk Home Insurance Coverage: Understand insurance for homes in high-risk areas.
• Top Home Insurance Options in California: Compare the best insurance providers.
• Personal Property Coverage Essentials: Guide to personal property insurance needs.
• Report Insurance Fraud: Online system for reporting insurance fraud.