Homeowners insurance in California is important protection for your home and its assets. Its an expense that also impacts your budget. The national average for an annual home insurance premium is $1,083. In California, the average annual home insurance premium is $1,000.
Californians are used to paying more for things but the average homeowners insurance premium is slightly lower than the national average. However, that is changing. The surge in wildfires is contributing to increase in insurance premiums. According to Verisks 2017 Wildfire Risk Analysis, 2 million home were classified in California at high or extreme risk of wildfire. Wildfire losses added up to more than $5 billion over the past decade.
As the state with the largest population, California is home to several large cities and varied landscapes, including mountains and desert. In addition to wildfires, earthquakes, drought, landslides and flooding are natural disasters that can impact home insurance rates.
Find the Best Homeowners Insurance in California
The key to finding the best homeowners insurance rates in California is being prepared. When you speak to your SelectQuote agent, have information about your current home insurance policy handy. Know your current carrier, how long youve had your policy and your current rate. Be able to share your deductible amount and claims history. Having all this information available will help your SelectQuote agent customize policy options at the best rate for you.
Bundle Your Home and Auto Insurance to Save Even More Money in California
Getting your car and home insurance in one place helps save you money. At SelectQuote, our customers can save an average of $444 each year when bundling their home and auto insurance.
We make buying insurance easy by shopping top carriers to find you the best rate for your car and home insurance. Working with only highly rated insurance companies ranked by A.M. Best means you get the top options. A.M. Best is an independent organization specializing in insurance company ratings. High ratings from A.M. Best are a recognized indicator of the strength of the insurance companies
We work for you, not the insurance companies so we focus on your needs to find the policy and rate that suits you best.