Anaheim, CA homeowners insurance is roughly $539 to $728, about $44-$60/month. Our comprehensive analysis shows customers can save upto $253 by comparing multiple quotes. Enter your zipcode below and click “GO” to get multiple free quotes.
Anaheim, California homeowners are paying an average of $1583 in home insurance each year. Factors that affect the cost of a policy include coverage type, deductible and age or material used to build your house. In general it is difficult to compare rates across providers since premiums can vary significantly based on factors like the amount you want covered (coverage) and how willing you are to pay out-of-pocket costs before receiving any compensation from your insurer (deductible).Below is the summary of average home insurance costs available to Anheim Homeowners based on the coverage and other variables.
Average Insurance Cost Based on Deductible.
Homeowners can buy cheap home insurance rates based on the coverage. The amount that is covered for an individual by their service provider, correlates to how much they want to be cover and higher amounts of coverage come with a cost; meaning homeowners will have higher monthly premiums if they choose more protection from their insurer.Anaheim homeowners paying a coverage of $1,00,000 can avail of home insurance for $352.23 . Homeowners receive insurance for $1570.99 and $2010.86, respectively, on coverages $400,000 and $500,000.
There are many ways to save money on home insurance, and choosing a high deductible is one of the easiest. Homeowners in Anaheim can get $1137 worth of coverage for as little as $2500 with an attractive discount available by opting for higher deductibles.Homeowners receive insurance for $1209 and $1332 respectively, on deductibles $2000 and $1500.
When it comes to home insurance, new developments are often cheaper and more common than older homes. This is especially true in Anaheim where newly constructed houses can avail lower insurance rates because newer buildings have a lesser threat of damage from potential events like fire or theft. As a result, home-insurance companies offer substantial discounts for recently built properties. For Instance newly constructed Anaheim homes can avail lower insurance of $1219 since newly built homes have a lesser threat of damage. As a result, home insurance companies offer substantial discounts to newly constructed homes. On the other hand, older homes attract higher insurance rates, since they are more prone to damage. As a result, Anaheim homes older than 40 and 50 years receive an additional cost of $1624 and $1643, respectively.
The house's construction type is considered an integral factor in determining the cost of home insurance by insurance companies. The more resistant your house is to damage, the less is the average insurance cost.For example, if the house is built with a fire-resistive, homeowners in Anaheim can avail of the insurance for an average cost of $1409. Insurance companies in Anaheim offer home insurance for $1504 for homes built with Masonry and Brick. Homes constructed with superior and hail resistant roofs attract a higher amount $1441 and $1551 respectively.
Apart from the standard features that insurance companies look for when determining rates, homeowners can get cheap home insurance rates from their providers based on the security features they have.Homes with good security features or seniors in the household will be offered lower prices for their coverage.
In Anaheim, California, homeowners pay an average home insurance rate of $1,583. This is comparatively higher than the national average of $1,438 Below are some of the factors that Anaheim homeowners should keep in mind before choosing the home insurance company that best suits their coverage needs.
A.M. Best Rating
Financial strength is referred to as the capacity of an insurance company to grant claims of current policyholders. Anaheim homeowners are recommended to opt for home insurance companies with high financial strength ratings. A.M. Best rates home insurance companies based on their financial strength. Anaheim homeowners can use these ratings to identify home insurance companies with a high financial capacity.
J.D. Power Score
J.D. Power awards home insurance companies with a score based on the feedback collected from current policyholders. The customer satisfaction score of an insurance company is calculated using policy coverage, insurance rates, discounts, customer handling, and the speed at which a claim is processed. Anaheim homeowners can use the J.D. Power Score to choose insurance companies that ensure the satisfaction of policyholders.
Home insurance companies use different parameters to calculate home insurance rates. Home insurance quotes differ from one insurance company to another. Anaheim homeowners should obtain quotes from multiple home insurance companies to choose the cheapest one. Homeowners should also consider the add-on policies offered by home insurance companies, in addition to the standard home insurance policy.
Deductibles vs. Insurance Rates
Anaheim homeowners can opt for high deductibles to reduce their home insurance rates. The deductibles and the corresponding reduction in home insurance rates differ from one home insurance company to another. Anaheim homeowners are advised to choose the home insurance company that offers the highest discount for their deductibles. For example, Anaheim homeowners opting for a deductible of $2,500 and $2,000 pay $1,137 and $1,209, respectively, on home insurance.
Claims Processing Speed
Home insurance companies should be swift in processing the claims of homeowners. Homeowners are generally given a time period of 10 to 30 days to file a claim in case of damages. Once submitted, home insurance companies take a maximum of 40 days to review the claim and accept or deny it. Anaheim homeowners are suggested to choose home insurance companies that have a simple and swift claims processing system.
Home insurance companies are rated based on different criteria such as financial strength, customer satisfaction, and market share to help homeowners in Anaheim, CA, narrow down the best home insurance company based on their needs.
State Farm has become the most preferred home insurance company in most cities, including Anaheim. State Farm has a superior financial ability to grant potential claims of current Anaheim policyholders, and has an A++ rating by A.M. Best. State Farm has a customer satisfaction score of 3/5 from J.D. Power. It occupies the majority of the market share in California, with 17.56%.
Farmers received a financial strength rating of A+ (superior) from A.M. Best and a customer satisfaction score of 3/5 from J.D. Power. Farmers is well known in Anaheim for its swift claims process and also offers mobile claim center buses. NAIC reports that Farmers occupies a market share of 15.97% in California.
CSAA has been awarded a rating of A from A.M. Best for its excellent financial ability in granting potential claims of current Anaheim policyholders. It also holds a customer satisfaction score of 3/5 based on customer feedback curated by J.D. Power. According to the data collected by NAIC, CSAA has a market share of 6.51% in California.
Liberty holds a rating of A from A.M. Best for its excellent financial ability in granting potential claims of current Anaheim policyholders. It has a customer satisfaction score of 2/5 from J.D. Power. In terms of market share, Liberty occupies 6.24% in California.
Auto Club received a rating of A from A.M. Best for its excellent financial ability in granting potential claims of current Anaheim policyholders. J.D. Power awarded a customer satisfaction score of 3/5 to Auto Club. NAIC reports that Auto Club occupies a market share of 6.11% in California.
|Anaheim, CA Home Value||Total Homes||% of Total||Average Anaheim, CA Homeowners Insurance|
|Less than $50,000||1,821||8.0%||$38|
|$50,000 to $59,999||234||1.0%||$76|
|$60,000 to $69,999||313||1.0%||$95|
|$70,000 to $79,999||238||1.0%||$114|
|$100,000 to $124,999||657||2.0%||$164|
|$125,000 to $149,999||312||1.0%||$209|
|$150,000 to $174,999||342||1.0%||$247|
|$175,000 to $199,999||719||3.0%||$285|
|$200,000 to $249,999||1,949||8.0%||$342|
|$250,000 to $299,999||2,887||12.0%||$418|
|$300,000 to $399,999||12,447||55.0%||$532|
|Home Insurance Company Near Anaheim, CA||Homeowners Insurance Agency Near Anaheim, CA||Address|
|Travelers||Abernathy Insurance Agency Inc||133 E DUARTE RD, ARCADIA, CA, 91006|
|Travelers||Arthur J Gallagher & Co Ins Brokers Of Ca Inc||505 N Brand Blvd #600, Glendale, CA, 91203|
|Farmers||Edmund Janik||3505 Long Beach Blvd Ste 2o, Long Beach, CA, 90807|
|Allstate||Eileen Hovelsen||2440 S Hacienda Blvd Ste 213, Hacienda Heights, CA, 91745|
|Allstate||Lucy Ablaza Viado||17200 Ventura Blvd Ste 305, Encino, CA, 91316|
|Streets in Anaheim Area||Homeowners Insurance Cost|
|W Polk Ave, N Siesta St, S Shanada Ct, S Neveen Ln, Baldwin Ave, W Hartford Pl, N Richfield Rd, Canton Ave, N Manchester Ave, N Baxter St||$638|
|Fee Ana St, N Azure St, E Nantucket Ln, Treehouse Ln, Winston St, Cll de Las Estrellas, W Greenleaf Ave, S Page Ct, S Maywood St, Hampton Ave||$626|
|N Torres St, S Emerald St, E Suncrest Rd, S Jacalene Ln, Bates Way, E Hempstead Rd, Cris Ave, N Elder Glen Cir, Elm Cir, S Balcom Ave||$638|
|S Alvy St, S Sherrill St, Bock Ave, E Marita Ln, E Banyan Ln, S Shakespeare St, San Bruno Ave, Richard Pl, Banta Ave, S Bellevue Pl||$632|
|N Citron St, E Plz de Indios, S Mira Ct, S Stinson St, S Lexington Pl, E Santa Ana St, S Level Pl, N Gullotti Pl, W Bellevue Dr, S San Vicente Ln||$633|
|San Felipe Cir, N Almond Dr, W Bowling St, Kennelly Ln, Chapman York Dr, Falmouth Ave, S Gardenia St, E Mill Stream Cir, Blanche Cir, Minuet Ln||$634|
|W Provential Dr, N Roxanne St, N Park Ln, E Buoy Ave, Puryear Ln, N Shady Glen Ln, N Rosemont St, W Skywood Pl, Regina Way, E Saratoga St||$628|
|Lullaby Ln, Wasco Rd, N Cavon Pl, S Fairmont Blvd, W Blue Violet Ct, E Clifpark Way, E Blackbird Ln, E Kentucky Ave, N Rutherford St, Pinyon St||$623|
|E Trapper Trl, W Rainbow Ave, W Sunset Ave, Primrose Dr, N Kroeger St, N Vista Valley Rd, W Catherine Dr, E Arizona Pl, E Moonridge Ln, S Empire St||$633|
|N Charlene Ter, W Banbury Cir, S Sharon Cir, S Towne Centre Pl, Cll Jaime, S Empire St, N Aetna St, N Canal St, Castle Ave, Midwood Ln||$668|
|Place||Savings For Senior Occupied Homes|
|Anaheim||$94 to $97|
|Place||1 Car Bundle Savings On Insurance||2 Car Bundle Savings On Insurance||3 Car Bundle Savings On Insurance|
|Yorba Linda city, California||$85||$113||$169|
|Villa Park city, California||$91||$121||$181|
|Orange city, California||$81||$108||$162|
|Place||Home insurance as a % of housing cost for homes with mortgage||Home insurance as a % of housing cost for homes without mortgage|
|Anaheim Home By Monthly Rent||Total Homes||% of Total||Estimated Monthly Income To Afford Rented House Including Renters Insurance|
|$200 to $299||798||1.0%||$781|
|$300 to $499||1,431||2.0%||$1231|
|$500 to $749||1,366||2.0%||$1906|
|$750 to $999||4,432||8.0%||$2656|
|$1,000 to $1,499||25,209||50.0%||$3781|
|$1,500 or more||16,595||33.0%||$5431|
|Coverage ($)||Deductible ($)||Age of home||Company||Average homeowners insurance premium ($)|
|150000||500||New||AAA (Interinsurance Exchange)||159|
|150000||500||1-3 Years||Stillwater Prop & Cas Co||414|
|200000||500||1-3 Years||AIG Prop Cas||828|
|250000||1000||1-3 Years||Stillwater Prop & Cas Co||524|
|500000||2500||1-3 Years||California Casualty||628|
|500000||2500||1-3 Years||Liberty Ins Corp||888|
|250000||1000||4-6 Years||Metropolitan Direct||568|
|300000||500||4-6 Years||Bankers Standard||1986|
|400000||1000||4-6 Years||CSE Safeguard||851|
|400000||1000||4-6 Years||Foremost Insurance||1384|
|500000||2500||4-6 Years||Bankers Standard||1784|
|200000||500||7-15 Years||Oregon Mutual||768|
|250000||1000||7-15 Years||Mercury Ins Group||493|
|150000||250||16-25 Years||Tokio Marine America||391|
|Low Deductible||High Deductible|
|Yearly Anaheim Homeowner Insurance Premium Example||$3,100||$2,500|
|Out of Pocket Expense During Claim||$1,200||$4,200|
|Total Home Insurance Premium for 6 years + Out of Pocket Expense for Claim||$19,800||$19,200|
|Net Savings to Anaheim Home Owner from High Deductible Plan||$600|
|Scenario||Anaheim, CA Home Replacement Value MORE than Home Value||Anaheim, CA Home Replacement Value LESS than Home Value|
|Insurance Premium based on Replacement Value||$1,500||$925|
|Risk Exposure from Under Insuring Coverage||Unnecessary Home Insurance Coverage of $79,000||Risk Exposure from Under Insuring Coverage is $97,000|
|Premium Impact||Insurance cheaper by $300/year||Insurance costlier by $275/year|
|Insurance Company||State Farm||Farmers Insurance||Allstate|
|Home Details||2 Beds, 1 Baths||4 Beds, 2 Baths||3 Beds, 1 Baths|
|Deductible||> $10,000 Deductible||$500- $1000 Deductible||$500- $1000 Deductible|
|Year Built||Home Value||Roof Type||Sqft||Number of Bedrooms||Deductible||Premium||Premium Months||Siding Type||Smoker/Non Smoker|
|1999||595,000||Slate Shingles Roof||3,350||4||$500- $1000 Deductible||1350||8||Stone Siding||yes|
|1990||440,000||Membrane Roof||2,330||5||$2500-$5000 Deductible||700||12||Brick siding||No|
|1960||640,000||Membrane Roof||3,220||4||$2500-$5000 Deductible||210||2||Stone Siding||No|
|1964||310,000||Wood Shake Roof||1,730||2||$500 Deductible||1100||12||Wood siding||No|
|1986||315,000||Slate Shingles Roof||1,430||2||$2500-$5000 Deductible||260||4||Brick siding||No|
|1989||225,000||Slate Shingles Roof||1,350||2||$1000-$2500 Deductible||540||9||Stucco siding||No|
|1972||630,000||Membrane Roof||3,050||4||$500 Deductible||310||2||Fiber-Cement Siding||yes|
|1981||195,000||Slate Shingles Roof||1,060||2||$500 Deductible||270||6||Vinyl siding||No|
|1998||170,000||Wood Shake Roof||950||2||$2500-$5000 Deductible||210||9||Vinyl siding||yes|
|1995||510,000||Composition Roof||3,120||4||$500 Deductible||1520||12||Stucco siding||No|
|1967||255,000||Composition Roof||1,500||5||> $10,000 Deductible||450||10||Stone Siding||yes|
|1966||745,000||Asphalt Shingles Roof||3,170||4||$1000-$2500 Deductible||560||4||Wood siding||yes|
|1974||270,000||Membrane Roof||1,240||2||$500 Deductible||820||10||Wood siding||yes|
|1976||895,000||Composition Roof||3,880||5||$500- $1000 Deductible||1320||5||Stucco siding||No|
|2004||490,000||Membrane Roof||2,470||5||$500 Deductible||1120||12||Fiber-Cement Siding||yes|
|1993||510,000||Shingles Roof||2,080||5||$5000 to $10,000 Deductible||820||10||Stone Siding||No|
|1984||560,000||Shingles Roof||3,140||4||> $10,000 Deductible||450||7||Brick siding||No|
|1966||240,000||Shingles Roof||1,330||2||$500- $1000 Deductible||290||5||Brick siding||yes|
|1970||405,000||Slate Shingles Roof||1,900||3||$2500-$5000 Deductible||90||1||Vinyl siding||yes|
|1978||295,000||Membrane Roof||1,460||3||$500 Deductible||640||9||Stucco siding||yes|
|1999||685,000||Metal Roof||3,190||5||> $10,000 Deductible||820||8||Stucco siding||No|
|1986||310,000||Slate Shingles Roof||1,640||3||$500 Deductible||260||3||Brick siding||yes|
|1977||390,000||Composition Roof||1,620||2||$1000-$2500 Deductible||560||5||Wood siding||yes|
|1991||290,000||Shingles Roof||1,510||2||$2500-$5000 Deductible||260||5||Brick siding||yes|
|2006||430,000||Membrane Roof||2,310||4||> $10,000 Deductible||430||10||Wood siding||yes|
|1963||695,000||Composition Roof||3,950||5||$500 Deductible||440||3||Vinyl siding||yes|
|1961||385,000||Wood Shake Roof||1,880||4||$2500-$5000 Deductible||660||9||Fiber-Cement Siding||No|
|2002||260,000||Tile Roof||1,380||3||$2500-$5000 Deductible||160||4||Stucco siding||No|
|1960||425,000||Tile Roof||2,010||3||$2500-$5000 Deductible||190||3||Stucco siding||No|
|2001||785,000||Tile Roof||3,230||4||$500 Deductible||1560||10||Vinyl siding||yes|
|1997||495,000||Membrane Roof||1,414||1||$500 Deductible||1210||8||Wood siding||yes|