Santa Monica Insurance Rates:

Santa Monica, CA home insurance is about $612 to $838, about $51-$69/month. Our all inclusive research indicates shoppers can save upto $290 by comparing many quotes

Compare Quotes from Top Providers and Save now!

Research about Santa Monica Home Insurance Rates, Quotes, Reviews, Agents, Coverage & other ways to save money in California. Compare quotes & save.

Santa Monica Home Owner Insurance Quotes | Write a Review | Rates & Quotes Analysis
Liberty Mutual
Home Insurance Rate of $860/4 months for More than 10000000 Coverage
Policy Holder Home Details :

Home Value : $1,035,000

4 Beds, 4 Baths 2650 sqft Rental Property Constructed In 1979 with Linoleum, Asphalt Shingles Roof, Piers Foundation, Wood siding, Brick Frame. Home Features Include Swimming Pool, Circuit Breaker Electricals and Security by HomeOnly

About Policy Holder:

62 Years old Single Male who is Unemployed and has No Pets and is a Non-Smoker

Additional Details :
  • 25-50% Mortgage Paid off

  • 600-649 Credit Score

  • Seniors staying at home

  • Guests at home

Home Insurance Rate of $630/5 months for $900000-$1000000 Coverage
Policy Holder Home Details :

Home Value : $810,000

3 Beds, 3 Bath 1570 sqft Rental Property Constructed In 1975 with Carpet over wood flooring, Composition Roof, Slab Foundation, Vinyl siding, Metal Frame Construction. Home Features Include Fireplace, Central Air Conditioning, Indoor Sprinklers, FuseBox Electricals and Security by HomeOnly

About Policy Holder:

39 Years old Divorced Male who is Unemployed and has 2 Pets and is a Non-Smoker

Additional Details :
  • 75-100% Mortgage Paid off

  • 750-799 Credit Score

  • Seniors staying at home

  • Guests at home

Home Insurance Rate of $190/2 months for $500000-$600000 Coverage
Policy Holder Home Details :

Home Value : $645,000

2 Beds, 2 Bath 1330 sqft Seasonal Residence Constructed In 1956 with Stone Flooring, Tile Roof, Chainwall Foundation, Fiber-Cement Siding, Brick Frame. Home Features Include Central Air Conditioning, Copper Water Pipes, Swimming Pool, Smoke Alarm, FuseBox Electricals and Security by Monitoring Company

About Policy Holder:

43 Years old Divorced Male who is a Freelancer with household income of less than $25,000 and has 2 Pets and is a Smoker

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

  • 750-799 Credit Score

Home Insurance Rate of $520/3 months for $900000-$1000000 Coverage
Policy Holder Home Details :

Home Value : $810,000

3 Beds, 3 Baths 1550 sqft Vacation Property Constructed In 1982 with Carpet over wood flooring, Shingles Roof, Crawl Space Foundation, Brick siding, Brick Frame. Home Features Include Fire Extinguisher, Indoor Sprinklers, Deadbolt Locks, Central Air Conditioning, Circuit Breaker Electricals and Security by HomeOnly

About Policy Holder:

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

Additional Details :
  • 75-100% Mortgage Paid off

  • 700-749 Credit Score

  • Seniors staying at home

Home Insurance Rate of $700/12 months for $350000-$400000 Coverage
Policy Holder Home Details :

Home Value : $365,000

2 Beds, 2 Bath 1010 sqft Primary Residence Constructed In 1967 with Linoleum, Membrane Roof, Chainwall Foundation, Wood siding, Brick Frame. Home Features Include Central Air Conditioning, Circuit Breaker Electricals and Security by Monitoring Company

About Policy Holder:

30 Years old Single Male who has a Part Time Job with household income of $25-50,000 and has 3 Pets and is a Smoker

Additional Details :
  • 25-50% Mortgage Paid off

  • Up to 499 Credit Score

Home Insurance Rate of $170/3 months for $350000-$400000 Coverage
Policy Holder Home Details :

Home Value : $430,000

2 Beds, 2 Bath 910 sqft Rental Property Constructed In 1962 with Linoleum, Tile Roof, Slab Foundation, Vinyl siding, Metal Frame Construction. Home Features Include Central Air Conditioning, Deadbolt Locks, Smoke Alarm, Fire Extinguisher, Circuit Breaker Electricals and Security by HomeOnly

About Policy Holder:

34 Years old Married Male who is a Freelancer with household income of more than $150,000 and has 1 Pet and is a Non-Smoker

Additional Details :
  • 75-100% Mortgage Paid off

  • 700-749 Credit Score

  • Guests at home

Home Insurance Rate of $100/1 month for $700000-$800000 Coverage
Policy Holder Home Details :

Home Value : $915,000

3 Beds, 3 Bath 2100 sqft Rental Property Constructed In 1951 with Carpet over wood flooring, Membrane Roof, Piers Foundation, Wood siding, Stucco Construction. Home Features Include Swimming Pool, Fireplace, Indoor Sprinklers, Deadbolt Locks, FuseBox Electricals and Security by HomeOnly

About Policy Holder:

70 Years old Single Male who has a Full Time Job with household income of $50-$75,000 and has 1 Pet and is a Non-Smoker

Additional Details :
  • 25-50% Mortgage Paid off

  • 500-549 Credit Score

Home Insurance Rate of $3810/10 months for More than $1,000,000 Coverage
Policy Holder Home Details :

Home Value : $1,515,000

2 Beds, 2 Baths 1439 sqft Primary Residence Constructed In 1953 with Linoleum, Slate Shingles Roof, Crawl Space Foundation, Brick siding, Stucco Construction. Home Features Include Copper Water Pipes, Indoor Sprinklers, Central Air Conditioning, Circuit Breaker Electricals and Security by HomeOnly

About Policy Holder:

54 Years old Married Male who has a Full Time Job with household income of $100-$150,000 and has No Pets and is a Smoker

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

  • 800-850 Credit Score

Santa Monica, CA Home Insurance by Zip Code

Zip Code Median Home Value Median Homeowners Insurance
90405 $997,100 $750
90403 $901,000 $730
90401 $670,800 $690
90404 $635,300 $680
90402 $1,000,001 $740

Santa Monica Rates & Quotes Analysis:

Santa Monica Area Estimated House Insurance
Marguerita Ave, Courtland St, Penmar Ave, Barnard Way, Delaware Ave, Arizona Pl, Lipton Ave, Norman Pl, 21st Pl, Clover St$702
Goldsmith St, Neilson Way, Taft Way, Appleby St, Seaside Ter, Glenavon Ave, Marguerita Ave, Hill Pl N, Glenn Ct, Frederick St$706
Dorchester Ave, Dillon Ct, N Ocean Ave, Pacific St, Palisades Beach Rd, 18th Ct, Carlyle Ave, Frank St, Lake St, Indiana Ct$708
Mills St, Kinney St, Delaware Ave, 11th Ct, Elkhart Pl, Arcadia Ter, Ocean Park Pl S, Esparta Way, Elkgrove Cir, Entrada Dr$None
Pacific St, 32nd St, Woodacres Rd, Adelaide Dr, Warren Ave, Robson Ave, Ashland Pl, Donald Douglas Loop N, Dewey Pl, Wilson Pl$None

Insurance rates are influenced by a number of factors including:

  • Year Built: 9,861 Homes (19% of total) built between 1960 to 1969 in Santa Monica are paying home insurance between $1,271-$1,282 and differs from, Marina del Rey (-$149) and Los Angeles (-$147).
  • Bedrooms: 18,123 1 bedroom homes (39% of total homes ) in Santa Monica are paying about $204. Areas near to Santa Monica such as whereas Marina del Rey and Culver City are more economical by $24, $18 respectively for similar homes.
  • Auto Insurance Bundling: 6,250 Households (47% of all households) in Santa Monica have 2 vehicles available and when it is bundled with home insurance you can save $145. Discounts for similar bundling in close by locations such as Marina del Rey, Los Angeles, Culver City come to $128, $128, $132 respectively.
  • Senior Discounts: 7,195 seniors (more than 55 years) occupied housing units (54% of total) in Santa Monica get discounts between $107 to $109. The comparative concessions in proximate regions such as Marina del Rey, Culver City and Beverly Hills are $96, $99 and $109 respectively.
  • New Homes discounts: New homes such as the 14,022 homes built between 2000 to 2009 in Santa Monica can save $145 and similar new home insurance discounts in nearby towns and cities like Marina del Rey, Los Angeles and Culver City are $128, $128 and $132 respectively.

Santa Monica Homeowners insurance Facts

  • Santa Monica, CA has 13,274 owner occupied houses which is 28.7% of all units whereas Marina del Rey, Los Angeles and Culver City have 6.2%, 38.0% and 56.8% respectively.
  • Santa Monica, CA homeowners yearly insurance price at $726 is 0.07% of the typical house value of $992,100 which is in contrast with 0.14% in Marina del Rey, 0.14% at Los Angeles & 0.11% in Culver City.
  • Homeowners in Santa Monica, CA pay 5.81% of their income ($10,000 to $14,999) in insurance whereas homeowners in Los Angeles, Culver City and Beverly Hills pay 5.14%, 5.31% and 5.82% respectively.
  • Santa Monica, CA’s insurance is 1.7% of monthly housing costs of $3,646/month, for owners with a mortgage compared to 1.52% in Marina del Rey, 2.03% at Los Angeles & 2.09% in Culver City. But, for households without a mortgage, insurance is 7.8% of costs ($776 in Santa Monica, CA) in contrast with 5.34% in Marina del Rey, 9.35% at Los Angeles & 11.02% in Culver City.

Santa Monica, CA Home Values & Insurance rates

For example, insurance for 27 Homes (2.0% of total homes ) valued between $90,000 to $99,999 in Santa Monica, CA is about $65.

Santa Monica, CA Home By Value Total Homes % of Total Average Homeowners Insurance
Less than $50,000 128 13.0% $14
$70,000 to $79,999 55 5.0% $50
$80,000 to $89,999 41 4.0% $58
$90,000 to $99,999 27 2.0% $65
$100,000 to $124,999 77 7.0% $79
$150,000 to $174,999 22 2.0% $116
$175,000 to $199,999 70 7.0% $130
$200,000 to $249,999 62 6.0% $159
$250,000 to $299,999 70 7.0% $196
$300,000 to $399,999 423 43.0% $254

Renters Insurance in Santa Monica

  • Median Gross Rent in Santa Monica :  $1,492

  • Renter occupied housing units in Santa Monica :  32,948

Santa Monica Renters Insurance as a Percentage of Rent

Santa Monica Home By Monthly Rent Total Homes % of Total Estimated Monthly Income To Afford Rented House Including Renters Insurance
$200 to $299 847 2.0% $732
$300 to $499 1,007 3.0% $1182
$500 to $749 1,910 5.0% $1857
$750 to $999 4,414 13.0% $2607
$1,000 to $1,499 8,193 25.0% $3732
$1,500 or more 16,154 49.0% $5382