Chico ,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 Chico, 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 Chico, CA is $1326. Enter your zipcode below and click “GO” to get multiple free quotes.
It is important to understand the different coverage options available in Chico, CA. VHome Insurance will help you navigate the world of homeowners insurance coverages in Chico, CA.
| Coverage Level | Average Annual Premium |
|---|---|
| $100,000 | $530 |
| $200,000 | $902 |
| $300,000 | $1,114 |
| $400,000 | $1,697 |
| $500,000 | $2,135 |
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 Chico, CA, and how to choose the right one for your needs.
| Deductible Level | Average Annual Premium |
|---|---|
| $500 Deductible | $1,360 |
| $1000 Deductible | $1,216 |
| $1500 Deductible | $1,147 |
| $2500 Deductible | $1,034 |
| $5000 Deductible | $875 |
| Home Insurance Company Near Chico, CA | Homeowners Insurance Agency Near Chico, CA | Address |
|---|---|---|
| NA | Glenn County Insurance Agency, Inc. Dba Gci Insurance Brokers | 227 Swift St, Orland, CA, 95963 |
| State Farm | Craig Starkey | 1258 Stabler Ln Ste 110, Yuba City, CA, 95993-2627 |
| State Farm | Gayle Aylward | 1277 East Ave Ste 110, Chico, CA, 95926-1022 |
| State Farm | Steve Cook | 1290 Lincoln Rd Ste 1, Yuba City, CA, 95991-6735 |
| State Farm | Tracy Martin | 2607 Forest Ave Ste 120, Chico, CA, 95928-4394 |
| Place | 1 Car Bundle Savings On Insurance | 2 Car Bundle Savings On Insurance | 3 Car Bundle Savings On Insurance |
|---|---|---|---|
| Nord CDP, California | $76 | $101 | $151 |
| Hamilton City CDP, California | $75 | $99 | $149 |
| Butte Creek Canyon CDP, California | $79 | $105 | $158 |
| Place | Home insurance as a % of housing cost for homes with mortgage | Home insurance as a % of housing cost for homes without mortgage |
|---|---|---|
| Chico, CA | 2.8% | 11.6% |
| Hamilton City | 3.33% | 20.37% |
| Butte Creek Canyon | 3.42% | 13.79% |
| Durham | 2.65% | 11.2% |
| Chico Home By Monthly Rent | Total Homes | % of Total | Estimated Monthly Income To Afford Rented House Including Renters Insurance |
|---|---|---|---|
| $200 to $299 | 263 | 1.0% | $793 |
| $300 to $499 | 878 | 4.0% | $1243 |
| $500 to $749 | 4,375 | 22.0% | $1918 |
| $750 to $999 | 5,887 | 30.0% | $2668 |
| $1,000 to $1,499 | 5,351 | 27.0% | $3793 |
| $1,500 or more | 2,488 | 12.0% | $5443 |
| Streets in Chico Area | Homeowners Insurance Cost |
|---|---|
| Nord Gianella Rd, Remington Dr, Autumn Hill Ln, Saurat Ct, Ceres Ave, Southbury Ln, Guill St, Coach Lite Dr, Viceroy Dr, Rio Lindo Ave | $614 |
| Fairmont Ter, Ivy St, San Jose St, Ellene Ave, Woodland Ave, Kentfield Rd, Maddie Ct, Rocky Bluff Dr, Oak Vista Ave, Airpark Blvd | $611 |
| Fir St, la Leita Ct, Ash St, Lia Way, Rainier Ln, Warner St, Hamilton Nord Cana Hwy, Jetta Ct, E 1st Ave, Adlar Ct | $616 |
| Goldenrod Way, Glacier Peak Ln, Deveney St, Wine Blossom Dr, Dominion Dr, Limousin Dr, Cade Ct, Jillian Ln, Hilda Way, Philadelphia Dr | $626 |
| W 7th St, Gateway Ln, Rugosa Oak Ct, Southbury Ln, Comice Ct, Cana Pine Creek Rd, Cortina Dr, Sandra Cir, Jonell Ln, Degarmo Dr | $604 |
| Hoby Ln, Switzerland St, Oroville Ave, Camper Ln, Woodside Ln, W 18th St, W East Ave, Dixon St, Rancheria Dr, Walnut St | $614 |
| B St, Radcliff Ln, Nicole Ln, Elk Ave, Oak Park Ave, Stilson Canyon Rd, Augusta Ln, Wall St, Fern Ave, Humboldt Ave | $597 |
| E Park Ave, Hosler Ave, W 10th St, Herlax Cir, Tuolumne Dr, Cameron Ln, Blanton Ct, Forty Niner Ct, Admiral Ln, Bar Triangle St | $615 |
| Wanderer Ln, W 2nd St, Degarmo Dr, Sale Ave, Greenhaven Ln, E 11th St, Folsom St, Jake Rd, W 1st St, Virage Ln | $613 |
| Warner St, Elm St, Windham Way, Calgary Ln, Westminster Ct, Verbena Ave, W 15th St, McGie St, Natoma Ct, Birdseye Ct | $597 |
| Place | Savings For Senior Occupied Homes |
|---|---|
| Chico | $91 to $94 |
| Nord | $91 |
| Hamilton City | $89 |
| Butte Creek Canyon | $95 |
| Coverage ($) | Deductible ($) | Age of home | Company | Average homeowners insurance premium ($) |
|---|---|---|---|---|
| 150000 | 250 | New | Stillwater Ins Co | 377 |
| 150000 | 500 | 1-3 Years | Foremost Insurance | 627 |
| 150000 | 500 | 1-3 Years | Integon/National | 525 |
| 150000 | 500 | 7-15 Years | MAPFRE Group | 606 |
| 150000 | 500 | 16-25 Years | Tokio Marine America | 305 |
| 150000 | 500 | 26-40 Years | Amica Mutual | 679 |
| 150000 | 500 | 26-40 Years | Kemper | 663 |
| 150000 | 500 | 41-70 Years | Grange | 985 |
| 150000 | 500 | 41-70 Years | Hartford (Sentinel) | 581 |
| 200000 | 500 | New | Stillwater Ins Co | 421 |
| 200000 | 500 | 1-3 Years | Grange | 1015 |
| 200000 | 500 | 7-15 Years | Safeco | 712 |
| 200000 | 500 | 41-70 Years | Integon/National | 949 |
| 250000 | 1000 | New | Hartford (Sentinel) | 448 |
| 250000 | 1000 | 1-3 Years | Mercury Ins Group | 344 |
| 250000 | 1000 | 1-3 Years | Travelers | 635 |
| 250000 | 1000 | 4-6 Years | American Modern | 826 |
| 250000 | 1000 | 4-6 Years | Century National | 832 |
| 250000 | 1000 | 16-25 Years | Hartford (Sentinel) | 699 |
| 250000 | 1000 | 16-25 Years | Metropolitan Direct | 907 |
| 250000 | 1000 | 16-25 Years | Unigard Group | 899 |
| 250000 | 1000 | 26-40 Years | CSAA Ins Exch | 1142 |
| Low Deductible | High Deductible | |
|---|---|---|
| Deductible | $1,900 | $3,900 |
| Yearly Chico Homeowner Insurance Premium Example | $1,100 | $700 |
| Out of Pocket Expense During Claim | $1,900 | $3,900 |
| Total Home Insurance Premium for 8 years + Out of Pocket Expense for Claim | $10,700 | $9,500 |
| Net Savings to Chico Home Owner from High Deductible Plan | $1,200 | |
| Scenario | Chico, CA Home Replacement Value MORE than Home Value | Chico, CA Home Replacement Value LESS than Home Value |
|---|---|---|
| Replacement Value | $454,000 | $338,500 |
| Insurance Premium based on Replacement Value | $1,325 | $975 |
| Risk Exposure from Under Insuring Coverage | Unnecessary Home Insurance Coverage of $74,000 | Risk Exposure from Under Insuring Coverage is $41,500 |
| Premium Impact | Insurance cheaper by $125/year | Insurance costlier by $225/year |
| Insurance Company | Chubb Group of Insurance | Travelers | Nationwide Insurance |
| Monthly Premium | 100 | 36 | 30 |
| Year Built | 1995 | 2006 | 1982 |
| Home Details | 5 Beds, 3 Baths | 3 Beds, 2 Baths | 2 Beds, 1 Baths |
| Coverage Amount | $400000-$500000 | $200000-$250000 | $150000-$175000 |
| Deductible | $1000-$2500 Deductible | $5000 to $10,000 Deductible | $5000 to $10,000 Deductible |