Average homeowners insurance cost in California

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Whether you’re a new homeowner or looking to buy insurance for your current home, securing the right homeowners’ insurance is crucial. Rates may vary depending on your insurance company and the coverage limits you choose.

According to Insure.com’s data analysis, the average cost of homeowners insurance in California is $1,386 a year.

Continue reading to learn more about homeowners insurance rates in California by ZIP code and insurer.

Key Takeaways

Homeowners insurance costs an average of $1,386 a year, based on Insure.com analysis.
Of all the ZIP codes in California, 94087 has the most affordable home insurance rates at around $975 annually.
In California, Allstate provides the most affordable home insurance at an average annual premium of $839.

Average home insurance cost in California by coverage level

In California, the annual homeowners insurance cost is $1,386, on average for the limits of $100,000 in liability, $300,000 in dwelling coverage and a $1000 deductible.

Increasing your dwelling coverage from $300,000 to $400,000 will raise your annual homeowners insurance premium to $1,752 in California, with $100,000 in liability protection and a $1,000 deductible. Below are the average costs for homeowners insurance in California based on dwelling coverage limits of $300,000, $400,000, and $500,000.

Coverage	Average annual rate	Average monthly rate
$200,000 with $1,000 Deductible and $100,000 Liability and None Deductible	$1,026	$85
$200,000 with $1,000 Deductible and $300,000 Liability and None Deductible	$1,043	$87
$300,000 with $1,000 Deductible and $100,000 Liability and None Deductible	$1,386	$116
$300,000 with $1,000 Deductible and $300,000 Liability and None Deductible	$1,405	$117
$400,000 with $1,000 Deductible and $100,000 Liability and None Deductible	$1,752	$146
$400,000 with $1,000 Deductible and $300,000 Liability and None Deductible	$1,772	$148
$600,000 with $1,000 Deductible and $100,000 Liability and None Deductible	$2,573	$214
$600,000 with $1,000 Deductible and $300,000 Liability and None Deductible	$2,598	$217
$1,000,000 with $1,000 Deductible and $100,000 Liability and None Deductible	$4,251	$354
$1,000,000 with $1,000 Deductible and $300,000 Liability and None Deductible	$4,284	$357

In California, homeowners insurance companies set rates by assessing various risk factors. Your location, claims history and coverage limit all affect your premium.

If multiple claims have been filed in your neighborhood over the past few years, you’ll likely face higher home insurance rates than areas with fewer claims.

According to S&P Global Market Intelligence’s RateWatch application, the average homeowners insurance premium for owner-occupied homes nationwide increased by over 11% in 2023.

Best homeowners insurance companies in California

Before purchasing homeowners insurance, it’s important to compare rates and explore your options. Several factors play a role in choosing the best homeowners insurance company for your specific needs.

We evaluated insurance companies in California based on their NAIC scores and AM Best ratings to create a list of the top homeowners insurance providers in the state. Our findings show that Travelers received the lowest NAIC score and A++ rating from AM Best. A lower NAIC score indicates fewer complaints relative to the company’s size, suggesting higher customer satisfaction.

Company	Average annual premium	AM Best rating	NAIC Complaint Index	Overall score
Travelers	$1,057	A++	0.54	5
Allstate	$839	A+	0.9	4.68
Auto Club Enterprises (AAA)	$1,300	A+	1.05	3.91
Nationwide	$1,410	A+	0.87	3.87
State Farm	$1,527	A++	0.95	3.72
CSAA Insurance (AAA)	$1,309	A	1.23	3.7
Farmers	$1,680	A	0.54	3.62
Mercury Insurance	$1,388	A	2.35	2.83

Average homeowners insurance cost by company in California

Allstate offers the most affordable homeowners insurance in California, at an average annual premium of $839, followed by Travelers and Auto Club Enterprises (AAA).

You can save hundreds — if not thousands — of dollars each year if you shop around for homeowners insurance.

Here are the average annual and monthly insurance rates for California homeowners for a policy with $300,000 dwelling coverage and $100,000 liability protection with a $1,000 deductible.

Company	Average annual rate	Average monthly rate
Allstate	$839	$70
Travelers	$1,057	$88
Auto Club Enterprises (AAA)	$1,300	$108
CSAA Insurance (AAA)	$1,309	$109
Mercury Insurance	$1,388	$116
Nationwide	$1,410	$118
State Farm	$1,527	$127
Farmers	$1,680	$140
USAA*	$1,305	$109

*USAA is only available to military community members and their families.

California homeowners insurance rates by ZIP code

Insurance providers in California factor in the risk of a given location when determining rates. ZIP codes with higher crime rates or frequent natural disasters are typically classified as high-risk, leading to increased premiums. Additionally, the cost of rebuilding or repairing homes in that area can affect your homeowners insurance costs.

To get the best deal on homeowners insurance rates in California, take the time to shop around and compare quotes from multiple insurers. Additionally, don’t forget to ask about potential discounts, like bundling policies or a smart home discount.

Most affordable ZIP codes for home insurance rates in California

Homeowners insurance costs in California can vary widely by location, with your ZIP code being a key factor in determining your rate. Based on our data, the the 94087 area has the most affordable insurance rates, at $975 annually or $81 monthly.

Below are the homeowners insurance rates for the most affordable ZIP codes in California.

ZIP code	Average annual rate	Average monthly rate
94087	$975	$81
94086	$977	$81
94085	$979	$82
95054	$982	$82
95053	$984	$82
95050	$987	$82
94043	$988	$82
95014	$1,001	$83
94040	$1,004	$84
94928	$1,009	$84

Most expensive ZIP codes for home insurance rates in California

Your ZIP code plays a significant role in determining the cost of your homeowners insurance. In California, some areas face higher premiums due to factors like high crime rates, greater risk of natural disasters and higher living expenses.

In California, 92325 has the highest homeowners insurance rates, at $2,065 per year.

Here, we’ve highlighted some of the most expensive ZIP codes in California for homeowners insurance:

ZIP code	Average annual rate	Average monthly rate
92325	$2,065	$172
92549	$2,041	$170
92317	$2,040	$170
92352	$2,029	$169
90290	$2,027	$169
92382	$2,025	$169
92321	$2,022	$168
91364	$2,014	$168
92391	$2,010	$168
92397	$2,009	$167

Home insurance rates vary from one city to another. But with Insure.com, finding the right home insurance policy is easy. Learn more about homeowners insurance costs for different cities below.

Home insurance rates in California by city

See rates in your city

Home insurance rate trend in California

We analyzed home insurance rate trends in California and found that homeowners insurance rates experienced an overall increase of only 2% or $29, from 2022 to 2023.

The following data highlights the changes in homeowners insurance rates since 2019.

2019 rates	2022 rates	2023 rates
$1,144	$1,357	$1,386

Finding the right homeowners insurance requires thorough research and comparing rates from different insurers, as each has its own way of assessing risk. By gathering quotes from at least three companies, you can increase your chances of getting the most affordable coverage in California.

Resources & methodology

Source

S&P Global. “US homeowners insurance rates jump by double digits in 2023.” Accessed September 2024.

Methodology

Insure.com worked with Quadrant Information Service to get homeowners insurance data. We analyzed 20,739,560 insurance quotes from 82 national and regional insurance companies across 34,588 ZIP codes to determine the average premiums.

The insurance rates are based on a sample profile of a homeowner with good credit and the following coverage level:

$300,000 dwelling coverage
$100,000 liability protection
$1000 deductible

We have taken into account 3 important factors such as average annual cost, NAIC score and AM Best rating, to determine the list of best homeowners insurance companies. The quoted insurance rates are for comparison purposes, and your individual rates may vary.

Shivani Gite

Contributing Writer

Shivani Gite is a personal finance and insurance writer with a degree in journalism and mass communication. She is passionate about making insurance topics easy to understand for people and helping them make better financial decisions.