Simi Valley Insurance Rates:

Simi Valley, CA home insurance is nearly $544 to $736, about $45-$61/month. Our all inclusive guide shows customers can save upto $255 by getting different quotes

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Read Simi Valley, California Homeowners Insurance reviews & compare quotes to find the most reliable & cheapest quotes.

Simi Valley Home Owner Insurance Quotes | Write a Review | Rates & Quotes Analysis
Allstate
Home Insurance Rate of $170/2 months for $350000-$400000 Coverage
Policy Holder Home Details :

Home Value : $325,000

3 Beds, 3 Bath 1840 sqft Seasonal Residence Constructed In 2011 with Ceramic Tile Flooring, Wood Shake Roof, Chainwall Foundation, Brick siding, Wood Frame. Home Features Include Fireplace, Indoor Sprinklers, FuseBox Electricals and Security by Monitoring Company

About Policy Holder:

24 Years old Married Male 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

  • 750-799 Credit Score

  • Seniors staying at home

Home Insurance Rate of $430/7 months for $400000-$500000 Coverage
Policy Holder Home Details :

Home Value : $375,000

3 Beds, 3 Bath 1810 sqft Primary Residence Constructed In 1974 with Stone Flooring, Wood Shake Roof, Crawl Space Foundation, Stucco siding, Brick Frame. Home Features Include Indoor Sprinklers, Swimming Pool, Copper Water Pipes, Central Air Conditioning, FuseBox Electricals and Security by HomeOnly

About Policy Holder:

41 Years old Divorced Male who is Unemployed with household income of less than $25,000 and has 2 Pets and is a Non-Smoker

Additional Details :
  • 25-50% Mortgage Paid off

  • 500-549 Credit Score

  • Seniors staying at home

  • Guests at home

Home Insurance Rate of $520/6 months for $300000-$350000 Coverage
Policy Holder Home Details :

Home Value : $365,000

3 Beds, 3 Baths 1950 sqft Rental Property Constructed In 2006 with Stone Flooring, Composition Roof, Chainwall Foundation, Vinyl siding, Metal Frame Construction. Home Features Include Fire Extinguisher, Copper Water Pipes, Deadbolt Locks, Circuit Breaker Electricals and Security by HomeOnly

About Policy Holder:

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

Additional Details :
  • 25-50% Mortgage Paid off

  • 800-850 Credit Score

  • Seniors staying at home

  • Guests at home

Home Insurance Rate of $670/4 months for $500,000-$600,000 Coverage
Policy Holder Home Details :

Home Value : $700,000

4 Beds, 4 Baths 2566 sqft Primary Residence Constructed In 2001 with Carpet over wood flooring, Slate Shingles Roof, Slab Foundation, Brick siding, Stucco Construction. Home Features Include Deadbolt Locks, Circuit Breaker Electricals and Security by Monitoring Company

About Policy Holder:

24 Years old Single Female who has a Full Time Job with household income of $50-$75,000 and has More than 3 Pets and is a Non-Smoker

Additional Details :
  • 75-100% Mortgage Paid off

  • 650-699 Credit Score

Simi Valley, CA Home Insurance by Zip Code

Zip Code Median Home Value Median Homeowners Insurance
93065 $465,400 $650

Simi Valley Rates & Quotes Analysis:

Simi Valley Area Estimated House Insurance
Emory Ave, Felix Ave, Pacific Ridge Rd, N Currier Ave, Briarhurst Ct, Cayuga Dr, Presidential Dr, Crazy Horse Dr, Twisted Oak Dr, Alta Vista Rd$653
Florence St, Sequoia, Casmalia Ct, Quiet Ct, Yuba Dr, Erica St, Faxton Ct, N Muirfield Ave, Ventura Way, Ayhen St$691
Yurok Ct, Eisenhower Way, Cory St, Fallcreek Ct, E Alden St, N Alden St, Enchanted Way, Roxy St, Sapphire Ave, Timberlane Cir$639
Denby Ct, Leisure Ln, Moreno Dr, Diamond Ct, Maidu Ct, Candice Ct, Gaston Rd, Kadota St, Tam Ct, Research Rd$628
Astorian Dr, Cowgirl Ct, Coldbrook Pl, Parkhurst St, Jonesboro Ave, Delano Ct, Palermo Ct, N Fasley Ave, E Knollhaven St, Peace Pipe Ct$681
Noel Cir, Century Pl, 11th St, Glacier St, Leisure Ln, Graham St, Oleander Way, Roan St, Nonchalant Dr, Sinaloa Rd$631
Gates Pl, East St, Hidden Ranch Dr, Crystal Cir, Rain Wood St, Fort Worth Dr, Mayland Pl, Clear Sky Pl, Ziron Ave, Georgette Pl$651
Ayhens St, Bowie Ct, Lynwood St, E Lecont Ct, Watson Ave, Beachnut Ave, Fred Ave, Obsidian Ct, Kyle Ln, Blaze Ave$626
Desert Creek Ave, Dorothy Ave, Venice St, Greenbriar Ave, Woodhaven Ct, Thompson Ave, Granite Hills St, Deanna Ave, Marr Ranch Rd, Al Way$626
Goddard St, N Hietter Ave, Bluebird Cir, Coastal Oak Dr, Summertime Ave, N Woodrow Ct, Doheny Ct, Pine View Dr, Hull Ct, Sutter Ave$624

Insurance rates are influenced by a number of factors including:

  • Year Built: 8,724 Homes (19% of total) built between 1980 to 1989 in Simi Valley are paying home insurance between $953-$962 compared to Santa Susana (+$11), Bell Canyon (+$132), Oak Park (+$49), Fillmore (-$26) and Val Verde (-$35).
  • Bedrooms: 13,618 4 bedrooms homes (30% of total homes ) in Simi Valley are paying about $390. Areas near to Simi Valley such as Santa Susana, Bell Canyon, Oak Park are costlier by $5, $54, $27 respectively whereas Piru and Fillmore are more economical by $18, $4 respectively for similar homes.
  • Auto Insurance Bundling: 12,446 Households (38% of all households) in Simi Valley 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 Santa Susana, Bell Canyon, Oak Park come to $161, $181, $168 respectively.
  • Senior Discounts: 13,752 seniors (more than 55 years) occupied housing units (42% of total) in Simi Valley get discounts between $95 to $98 in contrast with Santa Susana ($96), Bell Canyon ($109), Oak Park ($100).
  • New Homes discounts: New homes such as the 13,340 homes built between 2000 to 2009 in Simi Valley can save $127 compared to Santa Susana ($129), Bell Canyon ($145), Oak Park ($134).

Simi Valley Homeowners insurance Facts

  • Simi Valley, CA has 32,045 owner occupied houses which is 74.6% of all units whereas Santa Susana, Bell Canyon and Oak Park have 67.54%, 99.21% and 79.61% respectively.
  • Simi Valley, CA homeowners yearly insurance price at $639 is 0.14% of the typical house value of $453,000 which is in contrast with 0.13% in Santa Susana, 0.07% at Bell Canyon & 0.1% in Oak Park.
  • Homeowners in Simi Valley, CA pay 1.11% of their income ($45,000 to $49,999) in insurance whereas homeowners in Bell Canyon, Oak Park and Moorpark pay 1.26%, 1.17% and 1.14% respectively.
  • Simi Valley, CA’s insurance is 2.0% of monthly housing costs of $2,608/month, for owners with a mortgage compared to 2.02% in Santa Susana, 1.51% at Bell Canyon & 1.71% in Oak Park. But, for households without a mortgage, insurance is 10.2% of costs ($523 in Simi Valley, CA) in contrast with 15.04% in Santa Susana, 6.05% at Bell Canyon & 6.71% in Oak Park.

Simi Valley, CA Home Values & Insurance rates

For example, insurance for 179 Homes (1.0% of total homes ) valued between $60,000 to $69,999 in Simi Valley, CA is about $89. Rates in nearby areas in such as Oak Park, Agoura Hills, Thousand Oaks are cheaper by $29, $29, $23 respectively while Fillmore and Santa Paula are costlier by $28 and $28 respectively for similar homes.

Simi Valley, CA Home By Value Total Homes % of Total Average Homeowners Insurance
Less than $50,000 504 4.0% $31
$60,000 to $69,999 179 1.0% $89
$100,000 to $124,999 227 1.0% $153
$125,000 to $149,999 177 1.0% $191
$150,000 to $174,999 316 2.0% $223
$175,000 to $199,999 277 2.0% $261
$200,000 to $249,999 875 7.0% $313
$250,000 to $299,999 1,412 11.0% $383
$300,000 to $399,999 8,018 65.0% $492

Renters Insurance in Simi Valley

  • Average Renters Insurance in Simi Valley :  $115($9/month)

  • Median Gross Rent in Simi Valley :  $1,683

  • Simi Valley Renters Insurance to Median Rent Ratio:  0.53%

  • Renter occupied housing units in Simi Valley :  10,937

Simi Valley Renters Insurance as a Percentage of Rent

Simi Valley Home By Monthly Rent Total Homes % of Total Estimated Monthly Income To Afford Rented House Including Renters Insurance
Less than $200 143 1.0% $328
$200 to $299 146 1.0% $778
$300 to $499 268 2.0% $1228
$500 to $749 448 4.0% $1903
$750 to $999 514 4.0% $2653
$1,000 to $1,499 2,602 24.0% $3778
$1,500 or more 6,606 61.0% $5428

Rent Affordability in Simi Valley:

Approximately 44.0% (4,913) of households are spending more than 35% of their income on gross rent in Simi Valley

Occupied units paying gross rent Total Households % of Total
Less than 15.0 percent 868 7.0%
15.0 to 19.9 percent 1,230 11.0%
20.0 to 24.9 percent 1,467 13.0%
25.0 to 29.9 percent 1,432 13.0%
30.0 to 34.9 percent 1,027 9.0%
35.0 percent or more 4,913 44.0%

Protective device discount in Simi Valley Up to :  $17

Claims-free discount in Simi Valley Up to :  $23