Norwalk Insurance Rates:

Norwalk, CA home insurance is roughly $527 to $712, about $43-$59/month. Our thorough guide indicates shoppers can save as much as $247 by getting different quotes

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Norwalk, California Homeowners Insurance Reviews reveal the good & the bad so that you can compare the cheapest quotes from the best

Norwalk Home Owner Insurance Quotes | Write a Review | Rates & Quotes Analysis
Allstate
Home Insurance Rate of $140/2 months for $300000-$350000 Coverage
Policy Holder Home Details :

Home Value : $330,000

3 Beds, 3 Baths 1900 sqft Seasonal Residence Constructed In 1974 with Carpet over wood flooring, Membrane Roof, Piers Foundation, Fiber-Cement Siding, Metal Frame Construction. Home Features Include Copper Water Pipes, Circuit Breaker Electricals and Security by HomeOnly

About Policy Holder:

45 Years old Single Male who has a Full Time Job with household income of less than $25,000 and has More than 3 Pets at home and is a Smoker

Additional Details :
  • 25-50% Mortgage Paid off

  • 700-749 Credit Score

Home Insurance Rate of $400/6 months for $250000-$300000 Coverage
Policy Holder Home Details :

Home Value : $330,000

5 Beds, 5 Bath 2160 sqft Vacation Property Constructed In 1963 with Ceramic Tile Flooring, Slate Shingles Roof, Chainwall Foundation, Fiber-Cement Siding, Metal Frame Construction. Home Features Include Fire Extinguisher, Deadbolt Locks, FuseBox Electricals and Security by Monitoring Company

About Policy Holder:

64 Years old Married Female who is Retired with household income of $25-50,000 and has More than 3 Pets at home and is a Non-Smoker

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

  • 500-549 Credit Score

  • Seniors staying at home

Home Insurance Rate of $410/9 months for $250000-$300000 Coverage
Policy Holder Home Details :

Home Value : $240,000

2 Beds, 2 Bath 1410 sqft Rental Property Constructed In 1958 with Wood Flooring, Membrane Roof, Crawl Space Foundation, Fiber-Cement Siding, Metal Frame Construction. Home Features Include Smoke Alarm, Indoor Sprinklers, Copper Water Pipes, Fire Extinguisher, Circuit Breaker Electricals and Security by Monitoring Company

About Policy Holder:

65 Years old Married Male who is Retired with household income of $25-50,000 and has More than 3 Pets at home and is a Non-Smoker

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

  • 750-799 Credit Score

  • Seniors staying at home

  • Guests at home

Home Insurance Rate of $440/8 months for $250000-$300000 Coverage
Policy Holder Home Details :

Home Value : $365,000

3 Beds, 3 Baths 1980 sqft Vacation Property Constructed In 1954 with Hardwood Flooring, Asphalt Shingles Roof, Crawl Space Foundation, Stucco siding, Brick Frame. Home Features Include Smoke Alarm, Circuit Breaker Electricals and Security by Monitoring Company

About Policy Holder:

42 Years old Divorced Male who is a Freelancer with household income of $50-$75,000 and has 1 Pet and is a Smoker

Additional Details :
  • 50-75% Mortgage Paid off

  • 750-799 Credit Score

Home Insurance Rate of $210/5 months for $200000-$250000 Coverage
Policy Holder Home Details :

Home Value : $225,000

2 Beds, 2 Bath 1710 sqft Vacation Property Constructed In 1969 with Carpet Flooring, Asphalt Shingles Roof, Slab Foundation, Vinyl siding, Stucco Construction. Home Features Include Fireplace, Fire Extinguisher, Swimming Pool, Circuit Breaker Electricals and Security by HomeOnly

About Policy Holder:

68 Years old Single Male who is Unemployed and has More than 3 Pets at home and is a Non-Smoker

Additional Details :
  • 50-75% Mortgage Paid off

  • 600-649 Credit Score

  • Seniors staying at home

Home Insurance Rate of $450/3 months for $350,000-$400,000 Coverage
Policy Holder Home Details :

Home Value : $345,000

2 Beds, 2 Baths 1160 sqft Primary Residence Constructed In 1952 with Hardwood Flooring, Composition Roof, Crawl Space Foundation, Vinyl siding, Brick Frame. Home Features Include Deadbolt Locks, Smoke Alarm, Central Air Conditioning, FuseBox Electricals and Security by HomeOnly

About Policy Holder:

49 Years old Divorced Male who has a Part Time Job with household income of $25-50,000 and has 2 Pets and is a Smoker

Additional Details :
  • 75-100% Mortgage Paid off

  • 650-699 Credit Score

Norwalk, CA Home Insurance by Zip Code

Zip Code Median Home Value Median Homeowners Insurance
90650 $326,200 $620

Norwalk Rates & Quotes Analysis:

Norwalk Area Estimated House Insurance
Faculty Dr, Hoxie Ave, Pantheon St, 165th St, Lesser St, Stagecoach Ln, Abingdon St, 162nd St, Kalnor Ave, Behrens Ave$626
Cameo Ave, Crestbrook St, Hopland St, Carne St, 164th St, Nava St, Meadow Rd, Hopland St, Fidel Ave, Gracebee Ave$619
Caulfield Ave, Vieudelou Ave, Bayside Dr, Pluton St, Union St, Brimley St, Sproul St, Gettysburg Dr, Chesterton St, Ferina St$613
Falco Ave, Lowemont St, Foix Ave, Cedardale Dr, Pantheon St, Tina St, Claressa Ave, Wheatstone Ave, Hercules St, Aegean St$617
Nordesta Dr, Ben Nevis Ave, Leyva St, Lancelot Ave, Behrens Ave, Tina St, Flatbush Ave, Rancho Dr, McRae Ave, Ringwood Ave$622

Insurance rates are influenced by a number of factors including:

  • Year Built: 12,773 Homes (45% of total homes ) built between 1950 to 1959 in Norwalk are paying home insurance between $1,163-$1,172. Places close to Norwalk, CA such as Downey-Norwalk, Santa Fe Springs, Artesia are more expensive by $18, $11, $34 respectively while Paramount and Hawaiian Gardens are cheaper by $16 and $24 respectively for similar homes.
  • Bedrooms: 13,179 3 bedrooms homes (49% of total homes ) in Norwalk are paying about $236. Areas near to Norwalk such as Downey-Norwalk, Artesia, Cerritos are costlier by $4, $7, $16 respectively whereas Bellflower and Paramount are more economical by $5, $4 respectively for similar homes.
  • Auto Insurance Bundling: 7,266 Households (41% of all households) in Norwalk have 3 or more vehicles available and when it is bundled with home insurance you can save $154. Discounts for similar bundling in close by locations such as Downey-Norwalk, Santa Fe Springs, Artesia come to $157, $156, $159 respectively.
  • Senior Discounts: 7,929 seniors (more than 55 years) occupied housing units (44% of total) in Norwalk get discounts between $92 to $95. The comparative concessions in proximate regions such as Downey-Norwalk, Santa Fe Springs and Artesia are $94, $93 and $95 respectively.
  • New Homes discounts: New homes such as the 14,470 homes built between 2000 to 2009 in Norwalk can save $123 and differs from Downey-Norwalk ($125), Santa Fe Springs ($124), Artesia ($127).

Norwalk Homeowners insurance Facts

  • Norwalk, CA has 17,683 owner occupied houses which is 65.6% of all units whereas Downey-Norwalk, Santa Fe Springs and Artesia have 54.67%, 55.1% and 56.32% respectively.
  • Norwalk, CA homeowners yearly insurance price at $619 is 0.19% of the typical house value of $326,200 which is in contrast with 0.16% in Downey-Norwalk, 0.18% at Santa Fe Springs & 0.14% in Artesia.
  • Homeowners in Norwalk, CA pay 1.65% of their income ($35,000 to $39,999) in insurance whereas homeowners in Downey-Norwalk, Santa Fe Springs and Artesia pay 1.68%, 1.66% and 1.7% respectively.
  • Norwalk, CA’s insurance is 2.6% of monthly housing costs of $1,992/month, for owners with a mortgage compared to 2.42% in Downey-Norwalk, 2.7% at Santa Fe Springs & 2.36% in Artesia. But, for households without a mortgage, insurance is 16.0% of costs ($322 in Norwalk, CA) in contrast with 14.13% in Downey-Norwalk, 18.12% at Santa Fe Springs & 14.85% in Artesia.

Norwalk, CA Home Values & Insurance rates

For example, insurance for 237 Homes (1.0% of total homes ) valued between $175,000 to $199,999 in Norwalk, CA is about $352. Rates in nearby areas in such as Downey-Norwalk, Santa Fe Springs, Artesia are cheaper by $51, $28, $85 respectively while Paramount and Hawaiian Gardens are costlier by $68 and $103 respectively for similar homes.

Norwalk, CA Home By Value Total Homes % of Total Average Homeowners Insurance
Less than $50,000 548 3.0% $43
$100,000 to $124,999 166 1.0% $204
$150,000 to $174,999 239 1.0% $303
$175,000 to $199,999 237 1.0% $352
$200,000 to $249,999 1,857 13.0% $427
$250,000 to $299,999 3,611 25.0% $519
$300,000 to $399,999 6,961 49.0% $662

Renters Insurance in Norwalk

  • Average Renters Insurance in Norwalk :  $158($13/month)

  • Median Gross Rent in Norwalk :  $1,260

  • Norwalk Renters Insurance to Median Rent Ratio:  1.03%

  • Average household size of renter-occupied unit :  3.68

Norwalk Renters Insurance as a Percentage of Rent

Norwalk Home By Monthly Rent Total Homes % of Total Estimated Monthly Income To Afford Rented House Including Renters Insurance
$200 to $299 279 3.0% $789
$300 to $499 280 3.0% $1239
$500 to $749 468 5.0% $1914
$750 to $999 1,410 15.0% $2664
$1,000 to $1,499 3,228 35.0% $3789
$1,500 or more 3,219 35.0% $5439

Rent Affordability in Norwalk:

Approximately 48.0% (4,491) of households are spending more than 35% of their income on gross rent in Norwalk

Occupied units paying gross rent Total Households % of Total
Less than 15.0 percent 818 8.0%
15.0 to 19.9 percent 910 9.0%
20.0 to 24.9 percent 1,135 12.0%
25.0 to 29.9 percent 1,036 11.0%
30.0 to 34.9 percent 899 9.0%
35.0 percent or more 4,491 48.0%

Protective device discount in Norwalk Up to :  $23

Claims-free discount in Norwalk Up to :  $31