Burbank ,CA Home Insurance - The cost of homeowners insurance is influenced by a range of factors, including the value of your coverage, deductible, and the construction materials used in your home.
VHome Insurance conducted a thorough analysis of the Burbank, CA homeowners insurance market, taking into account factors like average costs, range of coverages, deductibles and customer satisfaction ratings to determine the best providers. The Average home insurance cost in Burbank, CA is $1430. Enter your zipcode below and click “GO” to get multiple free quotes.
It is important to understand the different coverage options available in Burbank, CA. VHome Insurance will help you navigate the world of homeowners insurance coverages in Burbank, CA.
| Coverage Level | Average Annual Premium |
|---|---|
| $100,000 | $572 |
| $200,000 | $972 |
| $300,000 | $1,201 |
| $400,000 | $1,830 |
| $500,000 | $2,302 |
Home insurance costs in Burbank can vary greatly based on location. The frequency of claims in your area can affect the cost of your policy. Simply put, the location of your home can significantly impact your homeowners insurance premium.
| Zipcode | Average Insurance Premium |
|---|---|
| 091501 | $1,357 |
| 91504 | $1,355 |
| 91506 | $1,363 |
| 91505 | $1,354 |
| 91502 | $1,342 |
One key aspect of your policy is the deductible, which is the amount you pay out of pocket before your insurance kicks in. Choosing the right deductible can have a major impact on your insurance premiums and overall savings. In this guide, we'll help you understand the options available for homeowners insurance deductibles in Burbank, CA, and how to choose the right one for your needs.
| Deductible Level | Average Annual Premium |
|---|---|
| $500 Deductible | $1,466 |
| $1000 Deductible | $1,311 |
| $1500 Deductible | $1,237 |
| $2500 Deductible | $1,115 |
| $5000 Deductible | $944 |
| Home Insurance Company Near Burbank, CA | Homeowners Insurance Agency Near Burbank, CA | Address |
|---|---|---|
| State Farm | Matt Flynn | 1931 W Glenoaks Blvd, Glendale, CA, 91201-4391 |
| State Farm | Nilton Rodrigues | 24225 Main St Ste 3, Newhall, CA, 91321-3039 |
| Liberty Mutual Independent | Whins Insurance Agency | 16400 Ventura Blvd., Suite 321 Encino, LA, CA, 91436 |
| Farmers | Adrine Abrahamyan | 1023 N Hollywood Way Ste 104, Burbank, CA, 91505 |
| Liberty Mutual Independent | Direct-Link Holding Group Llc | 15332 ANTIOCH ST STE 300, PACIFIC PLSDS, CA, 90272 |
| Place | 1 Car Bundle Savings On Insurance | 2 Car Bundle Savings On Insurance | 3 Car Bundle Savings On Insurance |
|---|---|---|---|
| Glendale city, California | $99 | $132 | $198 |
| La Crescenta-Montrose CDP, California | $101 | $134 | $201 |
| San Fernando Valley CCD, Los Angeles County, California | $96 | $128 | $192 |
| Place | Home insurance as a % of housing cost for homes with mortgage | Home insurance as a % of housing cost for homes without mortgage |
|---|---|---|
| Burbank, CA | 2.1% | 12.6% |
| Glendale | 2.0% | 9.95% |
| La Crescenta-Montrose | 1.82% | 13.06% |
| San Fernando Valley | 2.02% | 9.13% |
| Burbank Home By Monthly Rent | Total Homes | % of Total | Estimated Monthly Income To Afford Rented House Including Renters Insurance |
|---|---|---|---|
| $200 to $299 | 359 | 1.0% | $768 |
| $300 to $499 | 568 | 2.0% | $1218 |
| $500 to $749 | 705 | 3.0% | $1893 |
| $750 to $999 | 2,587 | 11.0% | $2643 |
| $1,000 to $1,499 | 9,473 | 42.0% | $3768 |
| $1,500 or more | 8,685 | 38.0% | $5418 |
| Streets in Burbank Area | Homeowners Insurance Cost |
|---|---|
| E Burbank Blvd, E Valencia Ave, E Grinnell Dr, N Varney St, Vista Grande St, S Buena Vista St, Roselli St, N Bel Aire Dr, Linden Ct, Pass Ave | $653 |
| S Kenneth Rd, Logan Ct, S Glenoaks Blvd, Sherlock Dr, N Doan Dr, S Glenwood Pl, S Lincoln St, W Jeffries Ave, Groton Dr, Birmingham Rd | $684 |
| N Sunset Canyon Dr, S Sparks St, Colgin Ct, E Fairmount Rd, N Manning St, N Victory Pl, N Edison Blvd, N 7th Pl, Jannetta Ave, Bethany Rd | $672 |
| Pass Ave, Burbank-Glendale-City-Bdy, Irving Dr, W Kling St, W Empire Ave, N Orchard Dr, Olney Pl, N Damon Way, Jamestown Rd, N Toluca Park Dr | $669 |
| E Harvard Rd, N Mariposa St, S Lamer St, W Valleyheart Dr, Stephen Rd, N Dymond St, Hilton Dr, S Orchard Dr, N Sunset Canyon Dr, Kenmere Ave | $662 |
| Place | Savings For Senior Occupied Homes |
|---|---|
| Burbank | $98 to $101 |
| Glendale | $99 |
| La Crescenta-Montrose | $100 |
| San Fernando Valley | $96 |
| Coverage ($) | Deductible ($) | Age of home | Company | Average homeowners insurance premium ($) |
|---|---|---|---|---|
| 150000 | 250 | New | American Security | 477 |
| 150000 | 500 | New | Travelers | 519 |
| 150000 | 500 | New | Western Mutual/Residence | 468 |
| 250000 | 1000 | New | California Capital | 530 |
| 300000 | 500 | New | AAA (Interinsurance Exchange) | 530 |
| 300000 | 500 | New | First American Ins | 860 |
| 500000 | 1000 | New | IDS Property Casualty | 1415 |
| 500000 | 2500 | New | Metropolitan Direct | 1571 |
| 750000 | 2500 | New | Kemper | 1271 |
| 150000 | 500 | 1-3 Years | CSE Safeguard | 559 |
| 250000 | 500 | 1-3 Years | Liberty Ins Corp | 826 |
| 400000 | 1000 | 1-3 Years | Foremost Insurance | 1742 |
| 400000 | 1000 | 1-3 Years | Wawanesa | 793 |
| 500000 | 2500 | 1-3 Years | Farmers (Fire Ins) | 1511 |
| 500000 | 2500 | 1-3 Years | Kemper | 1005 |
| 150000 | 250 | 4-6 Years | AIG Prop Cas | 994 |
| 150000 | 500 | 4-6 Years | Amica Mutual | 725 |
| 200000 | 500 | 4-6 Years | Stillwater Ins Co | 697 |
| 250000 | 500 | 4-6 Years | AIG Prop Cas | 1508 |
| 250000 | 500 | 4-6 Years | IDS Property Casualty | 1005 |
| 250000 | 500 | 4-6 Years | Stillwater Ins Co | 855 |
| 400000 | 1000 | 4-6 Years | Travelers | 1184 |
| 150000 | 250 | 7-15 Years | American Security | 682 |
| 300000 | 500 | 7-15 Years | Farmers (Fire Ins) | 1949 |
| Low Deductible | High Deductible | |
|---|---|---|
| Deductible | $1,500 | $7,500 |
| Yearly Burbank Homeowner Insurance Premium Example | $3,100 | $1,900 |
| Out of Pocket Expense During Claim | $1,500 | $7,500 |
| Total Home Insurance Premium for 6 years + Out of Pocket Expense for Claim | $20,100 | $18,900 |
| Net Savings to Burbank Home Owner from High Deductible Plan | $1,200 | |
| Scenario | Burbank, CA Home Replacement Value MORE than Home Value | Burbank, CA Home Replacement Value LESS than Home Value |
|---|---|---|
| Replacement Value | $914,500 | $661,000 |
| Insurance Premium based on Replacement Value | $2,375 | $1,725 |
| Risk Exposure from Under Insuring Coverage | Unnecessary Home Insurance Coverage of $107,500 | Risk Exposure from Under Insuring Coverage is $146,000 |
| Premium Impact | Insurance cheaper by $375/year | Insurance costlier by $275/year |
| Insurance Company | Nationwide Insurance | GEICO Insurance | Farmers Insurance |
| Monthly Premium | 58 | 75 | 138 |
| Year Built | 1976 | 1998 | 1969 |
| Home Details | 2 Beds, 1 Baths | 3 Beds, 2 Baths | 4 Beds, 2 Baths |
| Coverage Amount | $400000-$500000 | $300000-$350000 | $800000-$900000 |
| Deductible | > $10,000 Deductible | $500 Deductible | $5000 to $10,000 Deductible |