Fremont ,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 Fremont, 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 Fremont, CA is $1462. Enter your zipcode below and click “GO” to get multiple free quotes.
It is important to understand the different coverage options available in Fremont, CA. VHome Insurance will help you navigate the world of homeowners insurance coverages in Fremont, CA.
| Coverage Level | Average Annual Premium |
|---|---|
| $100,000 | $585 |
| $200,000 | $994 |
| $300,000 | $1,228 |
| $400,000 | $1,871 |
| $500,000 | $2,354 |
Home insurance costs in Fremont 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 |
|---|---|
| 094539 | $1,521 |
| 94555 | $1,414 |
| 94536 | $1,394 |
| 94538 | $1,371 |
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 Fremont, CA, and how to choose the right one for your needs.
| Deductible Level | Average Annual Premium |
|---|---|
| $500 Deductible | $1,499 |
| $1000 Deductible | $1,341 |
| $1500 Deductible | $1,265 |
| $2500 Deductible | $1,140 |
| $5000 Deductible | $965 |
| Home Insurance Company Near Fremont, CA | Homeowners Insurance Agency Near Fremont, CA | Address |
|---|---|---|
| State Farm | Burch Boehner | 201 E Taylor St Ste 2, San Jose, CA, 95112-5036 |
| State Farm | Doug Van Wyck Clu, Chfc | 6200 Center Street, Clayton, CA, 94517-1447 |
| Farmers | Gus Anagnostou | 2317 Broadway St Ste 140, Redwood City, CA, 94063 |
| Farmers | Harvey Louie | 838 Grant Ave Ste 414, San Francisco, CA, 94108 |
| State Farm | Kathy Smith | 1300 Mt Diablo Blvd, Walnut Creek, CA, 94596-5101 |
| Place | 1 Car Bundle Savings On Insurance | 2 Car Bundle Savings On Insurance | 3 Car Bundle Savings On Insurance |
|---|---|---|---|
| Newark city, California | $80 | $106 | $159 |
| Union City city, California | $81 | $107 | $161 |
| Sunol CDP, California | $89 | $118 | $177 |
| Place | Home insurance as a % of housing cost for homes with mortgage | Home insurance as a % of housing cost for homes without mortgage |
|---|---|---|
| Fremont, CA | 2.0% | 11.5% |
| Newark | 2.09% | 12.92% |
| Union City | 1.94% | 10.47% |
| Sunol | 1.82% | 10.05% |
| Fremont Home By Monthly Rent | Total Homes | % of Total | Estimated Monthly Income To Afford Rented House Including Renters Insurance |
|---|---|---|---|
| $200 to $299 | 489 | 1.0% | $769 |
| $300 to $499 | 869 | 2.0% | $1219 |
| $500 to $749 | 852 | 2.0% | $1894 |
| $750 to $999 | 1,684 | 4.0% | $2644 |
| $1,000 to $1,499 | 13,865 | 39.0% | $3769 |
| $1,500 or more | 17,074 | 48.0% | $5419 |
| Streets in Fremont Area | Homeowners Insurance Cost |
|---|---|
| I St, Northwind Ter, Bing Pl, Los Arboles Pl, Ridgeview Ter, Oxford Pl, Blue Spruce Ln, Nicolet Ave, Ohna Ct, Hoyt St | $638 |
| Nichols Ave, Tilden Pl, Sherman Dr, J St, Leslie St, Dering Pl, Bedelio Ter, Lindenwood St, Boggs Ave, Kvistad Dr | $650 |
| Ram Ct, Parish Ave, Skye Rd, Dijon Dr, Quail Dr, Jacaranda Dr, Highland Ter, Sanborn Ter, Fairbanks Cmn, Montmartre Park Ct | $None |
| Joyce Ave, Northern Cmn, Chamier Pl, H St, Heritage Way, Yolo Ter, Congress Ct, Val St, Chippendale Dr, Buckingham Ct | $641 |
| Capistrano Dr, Deer Rd, Sandalwood Ct, Murray Cmn, Mildred Ct, Meadowlark Dr, Industrial Dr, Korbel Ct, Mono Lake Ln, Bridgeport Pl | $677 |
| Sheffield Ln, Summerwood Dr, Ingot St, Sunriver Cmn, Haley St, Greenwich Cir, Haven Ave, Le Pomar Ter, Auckland Ct, Chelsea Dr | $658 |
| Bradley Ct, Winchester Dr, McKeown Ter, Guardino Dr, Grama Ter, Beloit St, Tuolumne Dr, Panorama Ct, Alton Ct, Russell Ct | $665 |
| Penzance Camino, Steuben Ct, Donahue Ter, Sutton Ct, Leigh St, Argonne St, Benchmark Ave, Shoshone Ct, Cygnus Ct, Black Mountain Cir | $654 |
| Baine Ave, Westwood Ave, Towhee St, Lobelia Dr, Bonner Ave, Sparrow Dr, Arce St, San Gabriel Way, Sioux Ter, Tickle Grass Ter | $715 |
| Mission Ct, Sabio Ct, Foxtail Ter, Theresa St, Sumac St, Lambert Ct, Condor Ct, Heritage Cmn, Rockport Ct, Marie Ct | $661 |
| Place | Savings For Senior Occupied Homes |
|---|---|
| Fremont | $98 to $100 |
| Newark | $95 |
| Union City | $96 |
| Sunol | $106 |
| Coverage ($) | Deductible ($) | Age of home | Company | Average homeowners insurance premium ($) |
|---|---|---|---|---|
| 150000 | 500 | New | Travelers | 302 |
| 250000 | 500 | New | Grange | 592 |
| 250000 | 500 | New | Hartford (Sentinel) | 449 |
| 250000 | 500 | New | Tokio Marine America | 245 |
| 400000 | 1000 | New | Bankers Standard | 1698 |
| 500000 | 1000 | New | Farmers (Fire Ins) | 965 |
| 750000 | 2500 | New | American Security | 1488 |
| 750000 | 2500 | New | Mercury Ins Group | 750 |
| 750000 | 2500 | New | Safeco | 788 |
| 150000 | 500 | 1-3 Years | Western Mutual/Residence | 383 |
| 200000 | 500 | 1-3 Years | MAPFRE Group | 401 |
| 250000 | 1000 | 1-3 Years | American Security | 631 |
| 300000 | 500 | 1-3 Years | American Security | 796 |
| 300000 | 500 | 1-3 Years | Horace Mann P & C | 744 |
| 400000 | 1000 | 1-3 Years | USAA | 745 |
| 150000 | 500 | 4-6 Years | CSAA Ins Exch | 466 |
| 300000 | 500 | 4-6 Years | AIG Prop Cas | 1620 |
| 300000 | 500 | 4-6 Years | California Casualty | 728 |
| 750000 | 2500 | 4-6 Years | IDS Property Casualty | 1156 |
| 750000 | 2500 | 4-6 Years | Oregon Mutual | 1193 |
| 150000 | 500 | 7-15 Years | Amco | 504 |
| 150000 | 500 | 7-15 Years | American Reliable | 521 |
| Low Deductible | High Deductible | |
|---|---|---|
| Deductible | $1,000 | $4,000 |
| Yearly Fremont Homeowner Insurance Premium Example | $2,300 | $1,700 |
| Out of Pocket Expense During Claim | $1,000 | $4,000 |
| Total Home Insurance Premium for 8 years + Out of Pocket Expense for Claim | $19,400 | $17,600 |
| Net Savings to Fremont Home Owner from High Deductible Plan | $1,800 | |
| Scenario | Fremont, CA Home Replacement Value MORE than Home Value | Fremont, CA Home Replacement Value LESS than Home Value |
|---|---|---|
| Replacement Value | $773,000 | $426,000 |
| Insurance Premium based on Replacement Value | $2,000 | $1,100 |
| Risk Exposure from Under Insuring Coverage | Unnecessary Home Insurance Coverage of $182,500 | Risk Exposure from Under Insuring Coverage is $164,500 |
| Premium Impact | Insurance cheaper by $425/year | Insurance costlier by $475/year |
| Insurance Company | GEICO Insurance | Liberty Mutual | Farmers Insurance |
| Monthly Premium | 132 | 80 | 49 |
| Year Built | 1990 | 1989 | 1971 |
| Home Details | 4 Beds, 1 Baths | 3 Beds, 1 Baths | 2 Beds, 1 Baths |
| Coverage Amount | $500000-$600000 | $300000-$350000 | $350000-$400000 |
| Deductible | $500 Deductible | $1000-$2500 Deductible | > $10,000 Deductible |