Madera Insurance Rates:

Madera, CA home insurance is roughly $506 to $687, about $42-$57/month. Our exhaustive guide reveals consumers can save upto $238 by comparing different quotes

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Madera Home Owner Insurance Quotes | Write a Review | Rates & Quotes Analysis
Liberty Mutual
Home Insurance Rate of $380/12 months for $150000-$175000 Coverage
Policy Holder Home Details :

Home Value : $155,000

3 Beds, 3 Baths 1680 sqft Primary Residence Constructed In 1990 with Stone Flooring, Composition Roof, Slab Foundation, Wood siding, Brick Frame. Home Features Include Swimming Pool, Copper Water Pipes, Circuit Breaker Electricals and Security by HomeOnly

About Policy Holder:

35 Years old Divorced Female who has a Part Time Job with household income of less than $25,000 and has More than 3 Pets at home and is a Non-Smoker

Additional Details :
  • 50-75% Mortgage Paid off

  • 550-599 Credit Score

  • Seniors staying at home

Home Insurance Rate of $280/5 months for $250000-$300000 Coverage
Policy Holder Home Details :

Home Value : $235,000

4 Beds, 4 Baths 2620 sqft Seasonal Residence Constructed In 2013 with Linoleum, Wood Shake Roof, Piers Foundation, Stucco siding, Stucco Construction. Home Features Include Copper Water Pipes, Circuit Breaker Electricals and Security by Monitoring Company

About Policy Holder:

69 Years old Single Male who is Unemployed and has No Pets and is a Smoker

Additional Details :
  • 75-100% Mortgage Paid off

  • 750-799 Credit Score

  • Seniors staying at home

Home Insurance Rate of $610/12 months for $350000-$400000 Coverage
Policy Holder Home Details :

Home Value : $325,000

4 Beds, 4 Baths 2770 sqft Seasonal Residence Constructed In 1988 with Hardwood Flooring, Wood Shake Roof, Chainwall Foundation, Brick siding, Metal Frame Construction. Home Features Include Copper Water Pipes, Deadbolt Locks, Fireplace, Central Air Conditioning, FuseBox Electricals and Security by Monitoring Company

About Policy Holder:

34 Years old Divorced Male who is a Freelancer with household income of less than $25,000 and has More than 3 Pets at home and is a Smoker

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

  • Up to 499 Credit Score

  • Seniors staying at home

  • Guests at home

Home Insurance Rate of $920/12 months for $250000-$300000 Coverage
Policy Holder Home Details :

Home Value : $255,000

4 Beds, 4 Baths 2660 sqft Vacation Property Constructed In 1993 with Hardwood Flooring, Tile Roof, Piers Foundation, Brick siding, Stucco Construction. Home Features Include Deadbolt Locks, Indoor Sprinklers, Circuit Breaker Electricals and Security by HomeOnly

About Policy Holder:

24 Years old Married Female who is Unemployed with household income of less than $25,000 and has No Pets and is a Non-Smoker

Additional Details :
  • 75-100% Mortgage Paid off

  • 550-599 Credit Score

Home Insurance Rate of $150/3 months for $200000-$250000 Coverage
Policy Holder Home Details :

Home Value : $235,000

4 Beds, 4 Bath 2800 sqft Vacation Property Constructed In 2011 with Carpet Flooring, Shingles Roof, Chainwall Foundation, Vinyl siding, Stucco Construction. Home Features Include Indoor Sprinklers, Swimming Pool, Fire Extinguisher, Circuit Breaker Electricals and Security by Monitoring Company

About Policy Holder:

57 Years old Married Female who is Unemployed with household income of less than $25,000 and has No Pets and is a Non-Smoker

Additional Details :
  • 75-100% Mortgage Paid off

  • 500-549 Credit Score

Home Insurance Rate of $30/1 month for $200000-$250000 Coverage
Policy Holder Home Details :

Home Value : $220,000

3 Beds, 3 Baths 2220 sqft Rental Property Constructed In 2008 with Linoleum, Slate Shingles Roof, Piers Foundation, Wood siding, Wood Frame. Home Features Include Swimming Pool, Smoke Alarm, Indoor Sprinklers, Fireplace, Circuit Breaker Electricals and Security by Monitoring Company

About Policy Holder:

71 Years old Married Male who is a Freelancer with household income of $75-$100,000 and has 2 Pets and is a Non-Smoker

Additional Details :
  • 25-50% Mortgage Paid off

  • Up to 499 Credit Score

  • Guests at home

Home Insurance Rate of $900/9 months for $350000-$400000 Coverage
Policy Holder Home Details :

Home Value : $350,000

4 Beds, 4 Bath 2970 sqft Vacation Property Constructed In 1983 with Hardwood Flooring, Composition Roof, Chainwall Foundation, Brick siding, Metal Frame Construction. Home Features Include Smoke Alarm, Fire Extinguisher, Fireplace, Copper Water Pipes, FuseBox Electricals and Security by HomeOnly

About Policy Holder:

58 Years old Divorced Female who has a Part Time Job with household income of less than $25,000 and has No Pets and is a Smoker

Additional Details :
  • 50-75% Mortgage Paid off

  • 500-549 Credit Score

Home Insurance Rate of $810/9 months for $350000-$400000 Coverage
Policy Holder Home Details :

Home Value : $415,000

5 Beds, 5 Baths 3610 sqft Primary Residence Constructed In 1986 with Ceramic Tile Flooring, Wood Shake Roof, Slab Foundation, Fiber-Cement Siding, Stucco Construction. Home Features Include Central Air Conditioning, Indoor Sprinklers, Fireplace, Deadbolt Locks, Circuit Breaker Electricals and Security by HomeOnly

About Policy Holder:

66 Years old Married Male who is a Freelancer with household income of $100-$150,000 and has 2 Pets and is a Smoker

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

  • 800-850 Credit Score

Home Insurance Rate of $300/3 months for $350,000-$400,000 Coverage
Policy Holder Home Details :

Home Value : $290,000

4 Beds, 4 Baths 2068 sqft Primary Residence Constructed In 2007 with Carpet over wood flooring, Shingles Roof, Slab Foundation, Stucco siding, Metal Frame Construction. Home Features Include Central Air Conditioning, Deadbolt Locks, Circuit Breaker Electricals and Security by Monitoring Company

About Policy Holder:

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

Additional Details :
  • 75-100% Mortgage Paid off

  • 550-599 Credit Score

  • Seniors staying at home

Madera, CA Home Insurance by Zip Code

Zip Code Median Home Value Median Homeowners Insurance
93637 $186,200 $600
93638 $149,300 $600

Madera Rates & Quotes Analysis:

Madera Area Estimated House Insurance
S Park Dr, Oakhill Rd, S Lake St, Desert Ranch Way, Arizona Ave, Plumas St, Baylor Ct, Heatherwood Dr, Freedom Way, Woodview Dr$597
E 9th St, Cutting St, Rd 24 1/2, N H St, Greystone, Jericho Dr, Chase Way, S Creek Dr, Diablo Rd, Ave 19 1/2$596
Nebraska Ave, Pamela Dr, Wallace Ave, Rd 37 3/4, S Westberry Blvd, Mace St, Peach Tree Dr, Avalon Ave, Tozer St, Creek Dr$605
Marciel Ave, W 2nd St, Wolftrap Ct, Don Miguel St, Fillmore Ave, S D St, Ave 15, Howard Rd, N Autumn Ct, E 5th St$591
Balsam Ct, Magnolia St, S G St, Larrete Ave, Kenney Ct, Isla Vista Ct, Adelaide St, E Cleveland Ave, Tragon St, N Gateway Dr$609

Insurance rates are influenced by a number of factors including:

  • Year Built: 4,334 Homes (16% of total) built between 1990 to 1999 in Madera are paying home insurance between $861-$870 in contrast with Bonadelle Ranchos-Madera Ranchos (+$22), Madera Southeast (+$14), Friant (+$35), Parksdale (-$13) and Parkwood (-$23).
  • Bedrooms: 4,651 4 bedrooms homes (18% of total homes ) in Madera are paying about $371. Areas near to Madera such as Bonadelle Ranchos-Madera Ranchos, Madera Southeast, Fort Washington are costlier by $9, $6, $25 respectively whereas Madera Acres and Parksdale are more economical by $8, $6 respectively for similar homes.
  • Auto Insurance Bundling: 6,159 Households (43% of all households) in Madera have 2 vehicles available and when it is bundled with home insurance you can save $119 in contrast with Madera Acres ($119), Parksdale ($117), Bonadelle Ranchos-Madera Ranchos ($122).
  • Senior Discounts: 6,686 seniors (more than 55 years) occupied housing units (46% of total) in Madera get discounts between $89 to $91 compared to Madera Acres ($89), Parksdale ($88), Bonadelle Ranchos-Madera Ranchos ($91).
  • New Homes discounts: New homes such as the 13,715 homes built between 2000 to 2009 in Madera can save $119 and differs from Madera Acres ($119), Parksdale ($117), Bonadelle Ranchos-Madera Ranchos ($122).

Madera Homeowners insurance Facts

  • Madera, CA has 14,300 owner occupied houses which is 59.1% of all units whereas Madera Acres, Parksdale and Bonadelle Ranchos-Madera Ranchos have 77.71%, 60.03% and 87.22% respectively.
  • Madera, CA homeowners yearly insurance price at $597 is 0.33% of the typical house value of $183,000 which is in contrast with 0.34% in Madera Acres, 0.46% at Parksdale & 0.22% in Bonadelle Ranchos-Madera Ranchos.
  • Homeowners in Madera, CA pay 1.84% of their income ($30,000 to $34,999) in insurance whereas homeowners in Madera Acres, Parksdale and Bonadelle Ranchos-Madera Ranchos pay 1.83%, 1.81% and 1.88% respectively.
  • Madera, CA’s insurance is 3.1% of monthly housing costs of $1,596/month, for owners with a mortgage compared to 2.92% in Madera Acres, 4.32% at Parksdale & 2.71% in Bonadelle Ranchos-Madera Ranchos. But, for households without a mortgage, insurance is 11.8% of costs ($423 in Madera, CA) in contrast with 11.27% in Madera Acres, 18.63% at Parksdale & 11.33% in Bonadelle Ranchos-Madera Ranchos.

Madera, CA Home Values & Insurance rates

For example, insurance for 1,795 Homes (14.0% of total homes ) valued between $200,000 to $249,999 in Madera, CA is about $734. Rates in nearby areas in such as Bonadelle Ranchos-Madera Ranchos, Madera Southeast, Yosemite Lakes are cheaper by $239, $194, $176 respectively while Madera Acres and Parksdale are costlier by $33 and $289 respectively for similar homes.

Madera, CA Home By Value Total Homes % of Total Average Homeowners Insurance
Less than $50,000 603 4.0% $77
$60,000 to $69,999 218 1.0% $208
$70,000 to $79,999 220 1.0% $238
$80,000 to $89,999 464 3.0% $274
$90,000 to $99,999 543 4.0% $304
$100,000 to $124,999 1,556 12.0% $358
$125,000 to $149,999 962 7.0% $447
$150,000 to $174,999 2,170 17.0% $525
$175,000 to $199,999 957 7.0% $608
$200,000 to $249,999 1,795 14.0% $734
$250,000 to $299,999 1,548 12.0% $895
$300,000 to $399,999 1,598 12.0% $1140

Renters Insurance in Madera

  • Average Renters Insurance in Madera :  $207($17/month)

  • Median Gross Rent in Madera :  $886

  • Madera Renters Insurance to Median Rent Ratio:  1.92%

  • Average household size of renter-occupied unit :  4.29

Madera Renters Insurance as a Percentage of Rent

Madera Home By Monthly Rent Total Homes % of Total Estimated Monthly Income To Afford Rented House Including Renters Insurance
Less than $200 118 1.0% $351
$200 to $299 172 1.0% $801
$300 to $499 569 5.0% $1251
$500 to $749 2,220 23.0% $1926
$750 to $999 2,683 28.0% $2676
$1,000 to $1,499 2,827 29.0% $3801
$1,500 or more 915 9.0% $5451

Rent Affordability in Madera:

Approximately 50.0% (4,949) of households are spending more than 35% of their income on gross rent in Madera

Occupied units paying gross rent Total Households % of Total
Less than 15.0 percent 1,121 11.0%
15.0 to 19.9 percent 1,053 10.0%
20.0 to 24.9 percent 1,117 11.0%
25.0 to 29.9 percent 818 8.0%
30.0 to 34.9 percent 827 8.0%
35.0 percent or more 4,949 50.0%

Madera Renters Insurance Discounts:

Madera Renters Insurance Discounts by Number of Vehicles in Renter Occupied Housing Units

Number of Vehicles in Madera, CA Number of Housing Units % of Total Renters Insurance Insurance Savings by Bundling Auto Insurance
1 vehicle available 4,184 42.0% $20.7
2 vehicles available 2,992 30.0% $31.05
3 or more vehicles available 1,395 14.0% $41.4

Protective device discount in Madera Up to :  $31

Claims-free discount in Madera Up to :  $41