San Luis Obispo Insurance Rates:

San Luis Obispo, CA home insurance is approximately $558 to $760, about $46-$63/month. Our extensive guide indicates shoppers can save as much as $263 by comparing many quotes

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San Luis Obispo Home Owner Insurance Quotes | Write a Review | Rates & Quotes Analysis
Liberty Mutual
Home Insurance Rate of $680/5 months for $600000-$700000 Coverage
Policy Holder Home Details :

Home Value : $535,000

4 Beds, 4 Baths 2270 sqft Rental Property Constructed In 2011 with Stone Flooring, Shingles Roof, Crawl Space Foundation, Stucco siding, Brick Frame. Home Features Include Deadbolt Locks, Circuit Breaker Electricals and Security by Monitoring Company

About Policy Holder:

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

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

  • 650-699 Credit Score

  • Seniors staying at home

Home Insurance Rate of $130/1 month for $500000-$600000 Coverage
Policy Holder Home Details :

Home Value : $615,000

4 Beds, 4 Baths 2460 sqft Seasonal Residence Constructed In 1960 with Carpet Flooring, Composition Roof, Slab Foundation, Vinyl siding, Metal Frame Construction. Home Features Include Deadbolt Locks, Central Air Conditioning, Copper Water Pipes, Circuit Breaker Electricals and Security by Monitoring Company

About Policy Holder:

64 Years old Divorced Female who has a Part Time Job with household income of less than $25,000 and has 1 Pet and is a Smoker

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

  • 600-649 Credit Score

  • Seniors staying at home

Home Insurance Rate of $310/8 months for $250000-$300000 Coverage
Policy Holder Home Details :

Home Value : $280,000

2 Beds, 2 Bath 1040 sqft Primary Residence Constructed In 1969 with Linoleum, Membrane Roof, Crawl Space Foundation, Stucco siding, Metal Frame Construction. Home Features Include Indoor Sprinklers, Swimming Pool, Central Air Conditioning, Circuit Breaker Electricals and Security by Monitoring Company

About Policy Holder:

36 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 :
  • 25-50% Mortgage Paid off

  • Up to 499 Credit Score

  • Seniors staying at home

  • Guests at home

Home Insurance Rate of $160/1 month for $700000-$800000 Coverage
Policy Holder Home Details :

Home Value : $805,000

5 Beds, 5 Baths 3310 sqft Seasonal Residence Constructed In 1979 with Carpet Flooring, Asphalt Shingles Roof, Slab Foundation, Vinyl siding, Brick Frame. Home Features Include Copper Water Pipes, FuseBox Electricals and Security by HomeOnly

About Policy Holder:

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

Additional Details :
  • 25-50% Mortgage Paid off

  • 800-850 Credit Score

  • Seniors staying at home

Home Insurance Rate of $880/8 months for $600000-$700000 Coverage
Policy Holder Home Details :

Home Value : $515,000

3 Beds, 3 Bath 2180 sqft Primary Residence Constructed In 1975 with Hardwood Flooring, Metal Roof, Piers Foundation, Vinyl siding, Wood Frame. Home Features Include Central Air Conditioning, Circuit Breaker Electricals and Security by Monitoring Company

About Policy Holder:

33 Years old Single Female who is a Freelancer with household income of $75-$100,000 and has No Pets and is a Non-Smoker

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

  • 800-850 Credit Score

Home Insurance Rate of $320/5 months for $250000-$300000 Coverage
Policy Holder Home Details :

Home Value : $330,000

2 Beds, 2 Bath 1230 sqft Vacation Property Constructed In 2014 with Hardwood Flooring, Asphalt Shingles Roof, Piers Foundation, Vinyl siding, Wood Frame. Home Features Include Fire Extinguisher, Indoor Sprinklers, Fireplace, FuseBox Electricals and Security by Monitoring Company

About Policy Holder:

30 Years old Divorced Female who is a Freelancer with household income of $100-$150,000 and has 3 Pets and is a Non-Smoker

Additional Details :
  • 50-75% Mortgage Paid off

  • 550-599 Credit Score

Home Insurance Rate of $660/12 months for $350000-$400000 Coverage
Policy Holder Home Details :

Home Value : $400,000

2 Beds, 2 Bath 1360 sqft Seasonal Residence Constructed In 1999 with Wood Flooring, Tile Roof, Chainwall Foundation, Wood siding, Wood Frame. Home Features Include Smoke Alarm, Copper Water Pipes, Fireplace, FuseBox Electricals and Security by HomeOnly

About Policy Holder:

44 Years old Single Male who is a Freelancer with household income of $50-$75,000 and has 2 Pets and is a Smoker

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

  • 600-649 Credit Score

Home Insurance Rate of $70/1 month for $400000-$500000 Coverage
Policy Holder Home Details :

Home Value : $490,000

2 Beds, 2 Bath 1550 sqft Seasonal Residence Constructed In 1967 with Hardwood Flooring, Tile Roof, Slab Foundation, Vinyl siding, Brick Frame. Home Features Include Fireplace, Central Air Conditioning, FuseBox Electricals and Security by Monitoring Company

About Policy Holder:

25 Years old Single Female who is Unemployed and has 3 Pets and is a Smoker

Additional Details :
  • 50-75% Mortgage Paid off

  • 800-850 Credit Score

  • Guests at home

Home Insurance Rate of $210/1 month for $800000-$900000 Coverage
Policy Holder Home Details :

Home Value : $1,005,000

5 Beds, 5 Baths 3900 sqft Seasonal Residence Constructed In 1969 with Hardwood Flooring, Metal Roof, Piers Foundation, Wood siding, Metal Frame Construction. Home Features Include Fireplace, Swimming Pool, Smoke Alarm, FuseBox Electricals and Security by HomeOnly

About Policy Holder:

49 Years old Single Female who is a Freelancer with household income of more than $150,000 and has 1 Pet and is a Smoker

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

  • 800-850 Credit Score

Home Insurance Rate of $260/1 month for More than 10000000 Coverage
Policy Holder Home Details :

Home Value : $1,150,000

5 Beds, 5 Baths 4490 sqft Rental Property Constructed In 2011 with Wood Flooring, Composition Roof, Crawl Space Foundation, Stucco siding, Stucco Construction. Home Features Include Copper Water Pipes, Swimming Pool, FuseBox Electricals and Security by Monitoring Company

About Policy Holder:

34 Years old Divorced Male who has a Full Time Job with household income of $50-$75,000 and has 2 Pets and is a Smoker

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

  • 700-749 Credit Score

Home Insurance Rate of $1600/8 months for More than $1,000,000 Coverage
Policy Holder Home Details :

Home Value : $1,185,000

4 Beds, 4 Baths 3481 sqft Primary Residence Constructed In 1967 with Carpet Flooring, Shingles Roof, Crawl Space Foundation, Stone Siding, Metal Frame Construction. Home Features Include Fireplace, Copper Water Pipes, Circuit Breaker Electricals and Security by Monitoring Company

About Policy Holder:

71 Years old Divorced Male who is Retired and has 1 Pet and is a Smoker

Additional Details :
  • 25-50% Mortgage Paid off

  • 750-799 Credit Score

  • Guests at home

San Luis Obispo, CA Home Insurance by Zip Code

Zip Code Median Home Value Median Homeowners Insurance
93405 $581,400 $670
93401 $578,900 $670

San Luis Obispo Rates & Quotes Analysis:

San Luis Obispo Area Estimated House Insurance
Foothill Blvd, Cerro Robles, Humbert Ave, Encanto Ln, Warren Way, George St, Harmony Way, Sycamore Dr, Via Ensenada, Gathe Dr$654
Corral de Piedra Rd, Glennheim Ct, Lakeview St, Castillo Rd, Pasatiempo Dr, N Chorro St, Pennington Creek Rd, Birkdale Ln, Cordova Dr, Serpa Ranch Rd$688
Exposition Dr, Park St, Sequoia Dr, State Hwy 227, Bahia Ct, Stanford Dr, Oak St, Elks Ln, Suburban Rd, Woodbridge St$655
Osos St, Stoneridge Dr, Ironbark St, el Cerrito St, Ilene Dr, Sterling Ln, Miraleste Dr, Filaree Way, Oceanaire Dr, la Cita Ct$640
Casitas Ct, Poinsettia Ct, Taft St, Industrial Way, Carpenter St, Serrano Cir, Stafford St, Sylvia Ct, Empresa Dr, Twin Ridge Dr$666

Insurance rates are influenced by a number of factors including:

  • Year Built: 4,206 Homes (18% of total) built between 1980 to 1989 in San Luis Obispo are paying home insurance between $982-$992 in contrast with Los Ranchos (+$68), Pismo Beach (+$10), Garden Farms (+$14), Grover Beach (-$41) and Los Osos (-$44).
  • Bedrooms: 6,588 3 bedrooms homes (30% of total homes ) in San Luis Obispo are paying about $244. Areas near to San Luis Obispo such as Los Ranchos, Edna, Pismo Beach are costlier by $24, $33, $9 respectively whereas Grover Beach and Los Osos are more economical by $10, $11 respectively for similar homes.
  • Auto Insurance Bundling: 3,877 Households (44% of all households) in San Luis Obispo have 2 vehicles available and when it is bundled with home insurance you can save $131. Discounts for similar bundling in close by locations such as Los Ranchos, Avilla Beach, Edna come to $140, $131, $145 respectively.
  • Senior Discounts: 5,171 seniors (more than 55 years) occupied housing units (58% of total) in San Luis Obispo get discounts between $98 to $101. The comparative concessions in proximate regions such as Los Ranchos, Avilla Beach and Edna are $105, $98 and $109 respectively.
  • New Homes discounts: New homes such as the 7,533 homes built between 2000 to 2009 in San Luis Obispo can save $131 and differs from Los Ranchos ($140), Avilla Beach ($131), Edna ($145).

San Luis Obispo Homeowners insurance Facts

  • San Luis Obispo, CA has 8,780 owner occupied houses which is 41.9% of all units whereas Los Ranchos, Avilla Beach and Edna have 85.06%, 63.32% and 23.68% respectively.
  • San Luis Obispo, CA homeowners yearly insurance price at $659 is 0.11% of the typical house value of $576,200 which is in contrast with 0.08% in Los Ranchos, 0.12% at Avilla Beach & 0.07% in Edna.
  • Homeowners in San Luis Obispo, CA pay 1.2% of their income ($50,000 to $59,999) in insurance whereas homeowners in Los Ranchos, Pismo Beach and Grover Beach pay 1.28%, 1.21% and 1.15% respectively.
  • San Luis Obispo, CA’s insurance is 2.3% of monthly housing costs of $2,444/month, for owners with a mortgage compared to 1.66% in Los Ranchos, 1.9% at Avilla Beach & 2.36% in Pismo Beach. But, for households without a mortgage, insurance is 10.2% of costs ($539 in San Luis Obispo, CA) in contrast with 7.25% in Los Ranchos, 8.06% at Avilla Beach & 12.07% in Pismo Beach.

San Luis Obispo, CA Home Values & Insurance rates

For example, insurance for 77 Homes (3.0% of total homes ) valued between $80,000 to $89,999 in San Luis Obispo, CA is about $92. Rates in nearby areas in such as Pismo Beach, Solvang-Santa Ynez, Solvang are cheaper by $6, $12, $6 respectively while Los Osos and Oceano are costlier by $40 and $108 respectively for similar homes.

San Luis Obispo, CA Home By Value Total Homes % of Total Average Homeowners Insurance
Less than $50,000 184 7.0% $26
$50,000 to $59,999 47 1.0% $59
$60,000 to $69,999 28 1.0% $72
$70,000 to $79,999 153 6.0% $85
$80,000 to $89,999 77 3.0% $92
$90,000 to $99,999 94 3.0% $105
$100,000 to $124,999 122 5.0% $125
$125,000 to $149,999 102 4.0% $151
$150,000 to $174,999 203 8.0% $184
$175,000 to $199,999 151 6.0% $210
$200,000 to $249,999 121 5.0% $257
$250,000 to $299,999 203 8.0% $309
$300,000 to $399,999 935 38.0% $395

Renters Insurance in San Luis Obispo

  • Average Renters Insurance in San Luis Obispo :  $73($6/month)

  • Median Gross Rent in San Luis Obispo :  $1,220

  • San Luis Obispo Renters Insurance to Median Rent Ratio:  0.49%

  • Average household size of renter-occupied unit :  2.39

San Luis Obispo Renters Insurance as a Percentage of Rent

San Luis Obispo Home By Monthly Rent Total Homes % of Total Estimated Monthly Income To Afford Rented House Including Renters Insurance
$200 to $299 119 1.0% $768
$300 to $499 246 2.0% $1218
$500 to $749 812 6.0% $1893
$750 to $999 2,407 20.0% $2643
$1,000 to $1,499 4,250 36.0% $3768
$1,500 or more 3,892 33.0% $5418

Rent Affordability in San Luis Obispo:

Approximately 62.0% (7,651) of households are spending more than 35% of their income on gross rent in San Luis Obispo

Occupied units paying gross rent Total Households % of Total
Less than 15.0 percent 728 5.0%
15.0 to 19.9 percent 913 7.0%
20.0 to 24.9 percent 1,307 10.0%
25.0 to 29.9 percent 939 7.0%
30.0 to 34.9 percent 636 5.0%
35.0 percent or more 7,651 62.0%

San Luis Obispo Renters Insurance Discounts:

San Luis Obispo Renters Insurance Discounts by Number of Vehicles in Renter Occupied Housing Units

Number of Vehicles in San Luis Obispo, CA Number of Housing Units % of Total Renters Insurance Insurance Savings by Bundling Auto Insurance
1 vehicle available 4,635 38.0% $7.3
2 vehicles available 3,677 30.0% $10.95
3 or more vehicles available 2,565 21.0% $14.6

Protective device discount in San Luis Obispo Up to :  $10

Claims-free discount in San Luis Obispo Up to :  $14