Downey Insurance Rates:

Downey, CA home insurance is nearly $539 to $733, about $44-$61/month. Our thorough guide shows customers can save as much as $254 by getting different quotes

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Read Downey, California Homeowners Insurance Reviews & compare quotes to find the best & cheapest home insurance provider.

Downey Home Owner Insurance Quotes | Write a Review | Rates & Quotes Analysis
Nationwide Insurance
Home Insurance Rate of $560/5 months for $800000-$900000 Coverage
Policy Holder Home Details :

Home Value : $745,000

5 Beds, 5 Bath 3550 sqft Rental Property Constructed In 1970 with Carpet Flooring, Shingles Roof, Slab Foundation, Fiber-Cement Siding, Stucco Construction. Home Features Include Fireplace, Central Air Conditioning, FuseBox Electricals and Security by HomeOnly

About Policy Holder:

28 Years old Married Male who has a Part Time Job with household income of less than $25,000 and has 2 Pets and is a Non-Smoker

Additional Details :
  • 50-75% Mortgage Paid off

  • 750-799 Credit Score

  • Seniors staying at home

  • Guests at home

Home Insurance Rate of $730/6 months for $400000-$500000 Coverage
Policy Holder Home Details :

Home Value : $420,000

3 Beds, 3 Baths 1760 sqft Seasonal Residence Constructed In 1978 with Hardwood Flooring, Asphalt Shingles Roof, Slab Foundation, Wood siding, Brick Frame. Home Features Include Central Air Conditioning, Smoke Alarm, Swimming Pool, Circuit Breaker Electricals and Security by HomeOnly

About Policy Holder:

34 Years old Single Female who is a Freelancer with household income of $75-$100,000 and has More than 3 Pets at home and is a Non-Smoker

Additional Details :
  • 75-100% Mortgage Paid off

  • 800-850 Credit Score

Home Insurance Rate of $70/1 month for $200000-$250000 Coverage
Policy Holder Home Details :

Home Value : $245,000

2 Beds, 2 Bath 1020 sqft Seasonal Residence Constructed In 1980 with Wood Flooring, Tile Roof, Crawl Space Foundation, Vinyl siding, Wood Frame. Home Features Include Indoor Sprinklers, Deadbolt Locks, Copper Water Pipes, Circuit Breaker Electricals and Security by HomeOnly

About Policy Holder:

30 Years old Single Male who is Unemployed and has 2 Pets and is a Non-Smoker

Additional Details :
  • 50-75% Mortgage Paid off

  • 700-749 Credit Score

  • Seniors staying at home

Home Insurance Rate of $290/3 months for $400000-$500000 Coverage
Policy Holder Home Details :

Home Value : $505,000

3 Beds, 3 Bath 2170 sqft Primary Residence Constructed In 1953 with Wood Flooring, Shingles Roof, Chainwall Foundation, Vinyl siding, Metal Frame Construction. Home Features Include Indoor Sprinklers, Central Air Conditioning, Copper Water Pipes, Fire Extinguisher, Circuit Breaker Electricals and Security by HomeOnly

About Policy Holder:

36 Years old Divorced Male who is Unemployed and has 1 Pet and is a Smoker

Additional Details :
  • 75-100% Mortgage Paid off

  • 750-799 Credit Score

  • Seniors staying at home

Home Insurance Rate of $1480/12 months for $400000-$500000 Coverage
Policy Holder Home Details :

Home Value : $440,000

3 Beds, 3 Bath 1990 sqft Rental Property Constructed In 1974 with Wood Flooring, Asphalt Shingles Roof, Chainwall Foundation, Fiber-Cement Siding, Wood Frame. Home Features Include Swimming Pool, FuseBox Electricals and Security by HomeOnly

About Policy Holder:

69 Years old Single Female who has a Part Time Job with household income of $25-50,000 and has 1 Pet and is a Non-Smoker

Additional Details :
  • 0-25% through paying our mortgage

  • 800-850 Credit Score

  • Seniors staying at home

  • Guests at home

Home Insurance Rate of $80/1 month for $400000-$500000 Coverage
Policy Holder Home Details :

Home Value : $355,000

4 Beds, 4 Bath 1680 sqft Seasonal Residence Constructed In 1979 with Ceramic Tile Flooring, Membrane Roof, Piers Foundation, Wood siding, Wood Frame. Home Features Include Swimming Pool, Deadbolt Locks, Copper Water Pipes, Circuit Breaker Electricals and Security by HomeOnly

About Policy Holder:

30 Years old Single Male who is a Freelancer with household income of more than $150,000 and has 2 Pets and is a Non-Smoker

Additional Details :
  • 75-100% Mortgage Paid off

  • 650-699 Credit Score

  • Seniors staying at home

Home Insurance Rate of $1150/10 months for $350,000-$400,000 Coverage
Policy Holder Home Details :

Home Value : $285,000

2 Beds, 2 Bath 979 sqft Rental Property Constructed In 1966 with Carpet over wood flooring, Metal Roof, Piers Foundation, Stone Siding, Brick Frame. Home Features Include Smoke Alarm, Fireplace, Swimming Pool, FuseBox Electricals and Security by HomeOnly

About Policy Holder:

29 Years old Divorced Female who is Unemployed with household income of less than $25,000 and has 1 Pet and is a Smoker

Additional Details :
  • 0-25% through paying our mortgage

  • 500-549 Credit Score

  • Seniors staying at home

  • Guests at home

Downey, CA Home Insurance by Zip Code

Zip Code Median Home Value Median Homeowners Insurance
90240 $460,900 $650
90241 $453,400 $640
90242 $388,800 $640

Downey Rates & Quotes Analysis:

Downey Area Estimated House Insurance
Regent View St, Alderdale St, Via Amorita, Garetal St, Margaret St, Ardis Ave, Neo St, Blandwood Rd, Stoakes Ave, Wiley Burke Ave$652
Brookgreen Rd, Casanes Ave, Cedardale Dr, Hercules St, Priscilla St, Bellder Dr, Horton Ave, Hidalgo St, Arnett St, Cedartree Rd$630
Buckles St, Pruess Ave, Rio Flora Pl, Davis St, Davenrich St, James St, Clarkman St, Mattock Ave, Phlox St, Foster Bridge Blvd$617
Premier Ave, S Longworth Ave, Elston Ave, Bellder Dr, Arnett St, Dalen St, Neo St, Leahy Ave, Washburn Rd, Pantheon St$633
Ryerson Ave, Iowa St, Noren St, Brookgreen Rd, Farm St, Melva St, Blandwood Rd, Songfest Dr, Flores St, Pellet St$642
Ciro St, Ardine St, Klinedale Ave, Little Lake Rd, Appleby St, Solo St, Idalene St, Benares St, Vista del Rio Dr, Gaybrook Ave$649
Ohm Ave, Hawthorne Ave, Quoit St, la Villa St, Barlin Ave, Byers St, Brookpark Rd, Airpoint Ave, Parkmead St, Lesterford Ave$626
Charloma Dr, Gunderson Ave, Marbel Ave, Cheyenne St, Klondike Ave, Laureldale Ave, Pivot St, Blodgett Ave, Washburn Rd, Downey Norwalk Rd$613
Birdvale Dr, Boyson St, Bigby St, Elm Vista Dr, Smallwood Ave, Fontana St, 4th Pl, Koopman Ave, McCallum St, Planett Ave$635
Chaney Ave, Glenworth St, Dalen St, E Promenade Dr, Blandwood Rd, Shellyfield Rd, Tweedy Ln, Susan Ave, Quill Dr, Sideview Dr$627

Insurance rates are influenced by a number of factors including:

  • Year Built: 13,789 Homes (40% of total homes ) built between 1950 to 1959 in Downey are paying home insurance between $1,194-$1,204. Places close to Downey, CA such as Cerritos, Rose Hills, Monterey Park are more expensive by $53, $38, $16 respectively while Bell Gardens and Downey-Norwalk are cheaper by $43 and $13 respectively for similar homes.
  • Bedrooms: 10,485 2 bedrooms homes (31% of total homes ) in Downey are paying about $185 and varies from Downey-Norwalk (+$4), Santa Fe Springs (+$3), Montebello (+$5), Cudahy (-$5) and Bellflower (-$4).
  • Auto Insurance Bundling: 6,854 Households (41% of all households) in Downey have 3 or more vehicles available and when it is bundled with home insurance you can save $159. Discounts for similar bundling in close by locations such as Bell Gardens, Downey-Norwalk, Paramount come to $153, $157, $152 respectively.
  • Senior Discounts: 7,860 seniors (more than 55 years) occupied housing units (47% of total) in Downey get discounts between $95 to $97 and differs from Bell Gardens ($91), Downey-Norwalk ($94), Cudahy ($90).
  • New Homes discounts: New homes such as the 15,807 homes built between 2000 to 2009 in Downey can save $127 and similar new home insurance discounts in nearby towns and cities like Bell Gardens, Downey-Norwalk and Paramount are $122, $125 and $122 respectively.

Downey Homeowners insurance Facts

  • Downey, CA has 16,715 owner occupied houses which is 50.9% of all units whereas Bell Gardens, Downey-Norwalk and Paramount have 24.2%, 54.67% and 42.45% respectively.
  • Downey, CA homeowners yearly insurance price at $636 is 0.15% of the typical house value of $430,300 which is in contrast with 0.22% in Bell Gardens, 0.16% at Downey-Norwalk & 0.23% in Paramount.
  • Homeowners in Downey, CA pay 3.63% of their income ($15,000 to $19,999) in insurance whereas homeowners in Bell Gardens, Downey-Norwalk and Paramount pay 3.5%, 3.59% and 3.49% respectively.
  • Downey, CA’s insurance is 2.3% of monthly housing costs of $2,360/month, for owners with a mortgage compared to 3.14% in Bell Gardens, 2.42% at Downey-Norwalk & 2.82% in Paramount. But, for households without a mortgage, insurance is 12.9% of costs ($411 in Downey, CA) in contrast with 15.25% in Bell Gardens, 14.13% at Downey-Norwalk & 12.74% in Paramount.

Downey, CA Home Values & Insurance rates

For example, insurance for 123 Homes (1.0% of total homes ) valued between $60,000 to $69,999 in Downey, CA is about $95. Rates in nearby areas in such as Artesia, Cerritos, Monterey Park are cheaper by $6, $29, $12 respectively while Paramount and Cudahy are costlier by $51 and $91 respectively for similar homes.

Downey, CA Home By Value Total Homes % of Total Average Homeowners Insurance
Less than $50,000 421 5.0% $31
$60,000 to $69,999 123 1.0% $95
$100,000 to $124,999 133 1.0% $159
$150,000 to $174,999 229 3.0% $235
$175,000 to $199,999 194 2.0% $273
$200,000 to $249,999 539 7.0% $330
$250,000 to $299,999 1,010 14.0% $407
$300,000 to $399,999 4,390 61.0% $515

Renters Insurance in Downey

  • Average Renters Insurance in Downey :  $123($10/month)

  • Median Gross Rent in Downey :  $1,203

  • Downey Renters Insurance to Median Rent Ratio:  0.83%

  • Renter occupied housing units in Downey :  16,152

Downey Renters Insurance as a Percentage of Rent

Downey Home By Monthly Rent Total Homes % of Total Estimated Monthly Income To Afford Rented House Including Renters Insurance
$500 to $749 630 3.0% $1905
$750 to $999 3,187 20.0% $2655
$1,000 to $1,499 8,295 52.0% $3780
$1,500 or more 3,677 23.0% $5430

Protective device discount in Downey Up to :  $18

Claims-free discount in Downey Up to :  $24

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