In Riverside, California, Allstate is both the overall best and cheapest choice for home insurance. If customer service is your priority, however, Chubb is best. These companies cater to different needs, so choosing the best home insurance depends on factors like price, customer satisfaction, and coverage options that are important to you.
Best and Cheapest Home Insurance in Riverside, CA (2024)
Updated: November 24, 2024
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Best HomeInsuranceRiverside, CATable of Contents
Best Overall - Allstate
Best for Service - Chubb
Best Cheap - Allstate
Cheapest Overall - Allstate
Cheapest for High-Value Homes - Allstate
Cheapest for New Homes - Allstate
Why Trust MoneyGeek? We analyzed data from California's Department of Insurance and Quadrant Information Services to find the top homeowners insurance in Riverside. Our advice is based on solid data and industry norms.
In Riverside, the most competitive home insurance quotes are reflected in the September 2024 rates.
2,730,240Quotes Analyzed
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8Companies Compared
Overview: Best Home Insurance Companies in Riverside, CA
MoneyGeek found that Allstate is the best option in Riverside, California, for home insurance with 100K dwelling coverage, scoring 83 out of 100. The scores for home insurance companies in Riverside, California, range from 46 to 83. These figures reflect MoneyGeek's scoring system. Insurers may get different scores based on the credit history, age of your home, and other factors.
Data filtered by:Results filtered by:
Category:
Category:Best Overall
Coverages:
Coverages:1 - $100K Dwelling
| Allstate | 83 | $409 |
| Travelers | 73 | $616 |
| Farmers | 65 | $649 |
| State Farm | 64 | $749 |
| Chubb | 62 | $846 |
| Nationwide | 54 | $848 |
| Capital Insurance Group | 46 | $700 |
Overall Best Home Insurance in Riverside, CA
MoneyGeek found that Allstate is the best option in Riverside, California, for $100K dwelling coverage. The two best overall home insurance companies in Riverside for $100K dwelling coverage are:
- Allstate: MoneyGeek score of 83 out of 100 ($409 per year)
- Travelers: MoneyGeek score of 74 out of 100 ($616 per year)
Allstate stands out as the best home insurance provider due to its high affordability score and customer satisfaction ratings. In Riverside, California, there are a variety of companies with different cost and service experiences. Although cost is a crucial factor, you should also consider aspects such as customer service and claim processes. These factors become important when you need to make claims.
Best OverallAllstate
MoneyGeek Score:
83/ of 100
Overview
Allstate scores high on affordability and customer satisfaction, making it a top choice for home insurance. It offers comprehensive coverage with options like cyber event/id theft and back-up of sewer or drain. Discounts such as bundle and responsible payment help policyholders save. You can save up to 25% by bundling home and auto policies.
Allstate provides useful coverages for homeowners. The cyber event/id theft coverage helps protect against identity theft and data loss. Back-up of sewer or drain covers water damage from drain issues. Home business property coverage increases limits for business items at home. These options make Allstate a valuable choice for protecting your home.
Best Home Insurance for Customer Service in Riverside, CA
MoneyGeek found that Chubb is the best option in Riverside, California, for $100K dwelling coverage due to its top-notch customer service. The top two providers for this coverage are:
- Chubb: MoneyGeek score of 96 out of 100 ($846 per year)
- Nationwide: MoneyGeek score of 81 out of 100 ($848 per year)
Chubb is the leader because it offers excellent customer satisfaction, making your needs a priority. The company's efficient service and comprehensive coverage make it an appealing choice for homeowners. Choosing Chubb ensures you receive high-quality service and reliable coverage for your home.
Excellent service in home insurance means caring, timely customer support that addresses any issues you may have effectively.
Best for Service QualityChubb
MoneyGeek Score:
96/ of 100
Overview
Chubb is the best for service quality, with high Satisfaction and Coverage scores boosting its MoneyGeek Score. It offers comprehensive home insurance coverage, including Guaranteed Replacement Cost and Building Ordinance or Law. You can save with discounts like new home and home renovation. For example, you get a discount if your home is less than 10 years old.
Chubb's coverages are useful for homeowners. Guaranteed Replacement Cost helps rebuild your home even if costs exceed your policy limit. Building Ordinance or Law pays for code upgrades when rebuilding. Cash Settlement lets you choose a cash payout if you decide not to rebuild.
Best Cheap Home Insurance in Riverside, CA
MoneyGeek found that Allstate is the best cheap home insurance company in Riverside, California. The top two best cheap insurance providers for $100K dwelling coverage are:
- Allstate: MoneyGeek score of 91 out of 100 ($409 per year)
- Travelers: MoneyGeek score of 71 out of 100 ($616 per year)
When it comes to the average cost of homeowners insurance in California, Allstate is the most affordable and has a decent customer satisfaction score. This makes it a leading choice for those looking for value for money. However, opting for cheap home insurance often means settling for lower coverage. In instances where saving on premiums is a priority, considering the cheapest homeowner insurance companies may be beneficial. While "best cheap" considers more factors than just price, the cheapest option focuses mainly on cost.
Best CheapAllstate
MoneyGeek Score:
91/ of 100
Overview
Allstate scores high in affordability and satisfaction, making it a top choice. It offers comprehensive protection. Discounts like responsible payment and early payment help save money. Pay on time to qualify for these savings.
Allstate's cyber event / ID theft coverage helps if your identity is stolen. Back-up of sewer or drain covers water damage from broken drains. These coverages are useful for protecting your home and belongings.
Estimate Your Riverside Home Insurance Costs Online
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Rates updated:
Dec 12, 2024
Homeowners insurance in Riverside is affected by several factors, with location being one of them. Comparing rates is the best way to save but takes time, about 15 minutes per company, and you should compare at least three, totaling over an hour of research. MoneyGeek's home insurance calculator helps save instantly. Enter your age, dwelling coverage, credit score, deductible, and liability coverage for an estimate.
Cheapest Home Insurance in Riverside, CA
MoneyGeek found that Allstate is the best option in Riverside, California for affordable home insurance. The main factor impacting home insurance premiums is the dwelling coverage you select.
- For 100K Dwelling Coverage: Allstate: $409 per year
- For 250K Dwelling Coverage: Allstate: $832 per year
- For 500K Dwelling Coverage: Allstate: $1,535 per year
Allstate stands out as the cheapest home insurance in Riverside because of its affordable rates. Additionally, it ranks highest for scores. Allstate offers the lowest prices for coverage levels of $100K, $250K, and $500K. Buying cheap homeowners insurance in California helps manage finances by reducing regular expenses.
Data filtered by:Results filtered by:
Coverages:
Coverages:$100K Dwelling
| Allstate | $409 |
| Travelers | $616 |
| Farmers | $649 |
| Capital Insurance Group | $700 |
| State Farm | $749 |
| Chubb | $846 |
| Nationwide | $848 |
Cheapest Home Insurance for High-Value Homes in Riverside, CA
Allstate stands out as the cheapest home insurance provider for high-value homes in Riverside, California. High dwelling coverage is vital for homes costly to replace, as home insurance costs rise with higher home values.
- Cheapest for $750K Dwelling Coverage: Allstate: $2,260 per year
- Cheapest for $1M Dwelling Coverage: Allstate: $3,002 per year
Allstate is a good choice in Riverside, California, due to its affordable premiums for high-value homes. According to MoneyGeek, Allstate is not only the cheapest but also among the top scorers, indicating that it offers good overall value.
Data filtered by:Results filtered by:
Coverages:
Coverages:1 - 750K dwelling
| Allstate | $2,260 |
| Capital Insurance Group | $2,936 |
| Travelers | $3,179 |
| State Farm | $3,641 |
| Nationwide | $4,350 |
| Farmers | $4,924 |
| Chubb | $5,098 |
Cheapest Home Insurance for New Homes in Riverside, CA
MoneyGeek found that Allstate is the cheapest option for new homes in Riverside, California, offering home insurance for $100K dwelling coverage.
- Cheapest for $100K Dwelling Coverage: Allstate: $297 per year
- Cheapest for $250K Dwelling Coverage: Allstate: $538 per year
- Cheapest for $500K Dwelling Coverage: Allstate: $933 per year
Allstate is the cheapest homeowners insurance in Riverside not only because of its low cost but also due to its competitive offerings. While it is the most affordable, it may not be the top choice based on some reviews.
It's important to ensure you are adequately covered in your insurance plan.
Data filtered by:Results filtered by:
Coverages:
Coverages:1 - $100K Dwelling
| Allstate | $297 |
| Farmers | $305 |
| Travelers | $326 |
| Nationwide | $343 |
| State Farm | $375 |
| Capital Insurance Group | $456 |
| Chubb | $677 |
How to Find the Best Home Insurance for You in Riverside, CA
The best cheap homeowners insurance providers balance quality and cost, offering great customer service and coverage with affordable premiums. The best cheap homeowners insurance in Riverside for you ultimately depends on your needs. It's important to consider other factors apart from the premiums when finding the best cheap. Factors include coverage options and company reputation. Follow these steps to get the best cheap home insurance:
- 1
Evaluate Your Insurance Needs
To determine how much home insurance coverage you need, consider the unique aspects of your home in Riverside, CA, such as rebuilding costs and personal property value.
- 2
Compare Different Providers
Research various insurance companies operating in Riverside, CA. Focus on those with solid financial stability and positive customer reviews.
- 3
Compare Coverage and Costs
Once you understand your coverage needs, compare home insurance quotes. In Riverside, CA, premiums for $100K dwelling coverage range from $409 to $846 annually.
- 4
Ask About Discounts
Inquire with each provider about potential discounts, such as those for bundling policies or installing safety features.
- 5
Increase Your Deductible
Opting for a higher home insurance deductible can reduce your premium, but ensure the deductible is affordable for you.
- 6
Improve Home Security
Enhancing your home's security with systems and strong locks can lower your insurance costs by reducing risk.
- 7
Maintain Good Credit
Keep a good credit score, as it can influence your insurance rates in Riverside, CA. Pay bills on time and manage debt responsibly.
- 8
Bundle Policies
Consider combining your homeowners insurance with other policies like auto insurance to gain discounts and savings.
FAQ: Best Cheap Home Insurance in Riverside, CA
Finding the best cheap home insurance in Riverside depends on your coverage needs and budget. Get answers to some of the most commonly asked questions about the best cheap insurance rates in Riverside, California.
How much is home insurance in Riverside, California, on average?
The average cost of home insurance in Riverside, California, is $541.
What is the cheapest home insurance company in Riverside, California?
The cheapest home insurance company in Riverside, California, is Allstate with an annual premium of $409.
What is the best home insurance company in Riverside, California?
The best home insurance in California for Riverside residents is provided by Allstate, with a MoneyGeek score of 83 out of 100.
About Mark Fitzpatrick
Mark Fitzpatrick is a Licensed Property and Casualty Insurance Producer and MoneyGeek's Head of Insurance. He has analyzed the insurance market for over five years, conducting original research and creating personalized content for every kind of buyer. He has been quoted in several insurance-related publications, including CNBC, NBC News and Mashable.
Fitzpatrick earned a master’s degree in economics and international relations from Johns Hopkins University and a bachelor’s degree from Boston College. He is passionate about using his knowledge of economics and insurance to bring transparency around financial topics and help others feel confident in their money moves.