Moreno Valley ,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 Moreno Valley, 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 Moreno Valley, CA is $1320. Enter your zipcode below and click “GO” to get multiple free quotes.
It is important to understand the different coverage options available in Moreno Valley, CA. VHome Insurance will help you navigate the world of homeowners insurance coverages in Moreno Valley, CA.
| Coverage Level | Average Annual Premium |
|---|---|
| $100,000 | $528 |
| $200,000 | $898 |
| $300,000 | $1,109 |
| $400,000 | $1,690 |
| $500,000 | $2,125 |
Home insurance costs in Moreno Valley 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 |
|---|---|
| 092555 | $1,261 |
| 92557 | $1,252 |
| 92551 | $1,245 |
| 92553 | $1,243 |
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 Moreno Valley, CA, and how to choose the right one for your needs.
| Deductible Level | Average Annual Premium |
|---|---|
| $500 Deductible | $1,353 |
| $1000 Deductible | $1,210 |
| $1500 Deductible | $1,142 |
| $2500 Deductible | $1,030 |
| $5000 Deductible | $871 |
| Home Insurance Company Near Moreno Valley, CA | Homeowners Insurance Agency Near Moreno Valley, CA | Address |
|---|---|---|
| Farmers | David Garcia | 16888 Nisqualli Rd Ste 200, Victorville, CA, 92395 |
| State Farm | Harlis Chavis | 22951 Los Alisos Blvd Ste 4, Mission Viejo, CA, 92691-2841 |
| State Farm | Kathleen Peters | 15 Corporate Plaza Dr Ste 230, Newport Beach, CA, 92660-1301 |
| Allstate | Saul Dena | 4414 University Pkwy Ste A, San Bernardino, CA, 92407 |
| State Farm | Tiffani V | 9831 Walker St, Cypress, CA, 90630-3826 |
| Place | 1 Car Bundle Savings On Insurance | 2 Car Bundle Savings On Insurance | 3 Car Bundle Savings On Insurance |
|---|---|---|---|
| Riverside CCD, Riverside County, California | $91 | $121 | $182 |
| Mead Valley CDP, California | $89 | $119 | $179 |
| Lakeview 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 |
|---|---|---|
| Moreno Valley, CA | 2.8% | 11.3% |
| Riverside | 2.68% | 12.24% |
| Mead Valley | 3.23% | 15.03% |
| Lakeview | 3.06% | 13.05% |
| Moreno Valley Home By Monthly Rent | Total Homes | % of Total | Estimated Monthly Income To Afford Rented House Including Renters Insurance |
|---|---|---|---|
| $200 to $299 | 194 | 1.0% | $800 |
| $300 to $499 | 307 | 1.0% | $1250 |
| $500 to $749 | 874 | 4.0% | $1925 |
| $750 to $999 | 3,193 | 17.0% | $2675 |
| $1,000 to $1,499 | 7,444 | 40.0% | $3800 |
| $1,500 or more | 6,059 | 33.0% | $5450 |
| Streets in Moreno Valley Area | Homeowners Insurance Cost |
|---|---|
| Starcrest Dr, Maricopa Dr, Crispin Dr, Vista Conejo Dr, Theodore Ave, Reche Vista Dr, Casa Fantastico, Winter Park Pl, Dickinson Rd, Ivy Ln | $610 |
| Aslan Ct, Aylesbury Dr, Kalahari Ct, Moonshadow Dr, Pine Field Dr, Blue Cascade Dr, Lemay Dr, Valencia Hill Dr, Calabria Dr, Baucom Ave | $595 |
| Beal Ave, Sandcastle Ct, Lamont Dr, Oliver St, Sun Way, Elmendorf Dr, Shadow Mountain Dr, Cll Pinata, Wolfberry Dr, Ninebark St | $595 |
| Guajome Rd, Citrus Ct, Secretariat Cir, Abedul St, Orange Grove Cir, Braewood Ave, Gregory Ln, Rockport Ct, Mountain Crest Dr, Coyote Springs Ct | $598 |
| San Timoteo Canyon Rd, Arbor Park Ln, Sweetgrass Dr, Sycamore Canyon Rd, Dorner Dr, Wild Geranium Ln, Sierra Mesa Cir, Valley View Ln, Wild Burro Trl, Fontainebleau Dr | $608 |
| Montanra Ln, Lake Victoria Dr, Crescent Ct, Barbados Ln, Balboa Ln, Brumelia Ct, Redcliff Ct, Honeylocust Ave, Aruba Pl, Hospital Way | $601 |
| Eagle St, Warhol Ct, Flaming Arrow Dr, Kensington Cir, Cll Diaz, Gucci Dr, Leisure Way, Eagle Valley Cir, Lakeport Dr, Dalehurst Rd | $600 |
| Mulberry Ln, Red Berry St, Park Valley Dr, Melinda Ct, Bremen St, Morton Rd, Avalon Pkwy, Mohave Ct, Rockcrest Dr, Mindora Dr | $593 |
| Edelweiss Pl, Cornell Ave, Salt Missions Cir, Kenny Dr, Strauss Ln, Horseshoe St, Clarissa Ct, Whimbrel Way, Thrush Way, Birdsong Ct | $600 |
| Gainsway Cir, High Grove Dump Rd, Darlington Ln, Houston Dr, Sourwood Ave, Lochaber Ct, Summit Ridge Cir, Snowbell Ln, Taurus Ln, Barclay Dr | $600 |
| Place | Savings For Senior Occupied Homes |
|---|---|
| Moreno Valley | $89 to $91 |
| March ARB | $91 |
| Riverside | $90 |
| Mead Valley | $89 |
| Coverage ($) | Deductible ($) | Age of home | Company | Average homeowners insurance premium ($) |
|---|---|---|---|---|
| 150000 | 250 | New | Homesite | 676 |
| 150000 | 500 | New | Hartford (Sentinel) | 536 |
| 200000 | 500 | New | Privilege Underwriters Exch | 1106 |
| 250000 | 1000 | New | MAPFRE Group | 474 |
| 300000 | 500 | New | Kemper | 683 |
| 300000 | 500 | New | Unigard Group | 629 |
| 400000 | 1000 | New | Bankers Standard | 1962 |
| 400000 | 1000 | New | Horace Mann | 884 |
| 150000 | 500 | 1-3 Years | Mercury Ins Group | 315 |
| 200000 | 500 | 1-3 Years | Grange | 529 |
| 250000 | 1000 | 1-3 Years | Universal North America | 414 |
| 300000 | 500 | 1-3 Years | Foremost Insurance | 1053 |
| 300000 | 500 | 1-3 Years | Metropolitan Direct | 1211 |
| 300000 | 500 | 1-3 Years | Pacific Specialty | 788 |
| 400000 | 1000 | 1-3 Years | Horace Mann P & C | 1121 |
| 500000 | 2500 | 1-3 Years | Unigard Group | 818 |
| 150000 | 250 | 4-6 Years | Safeco | 656 |
| 200000 | 500 | 4-6 Years | Horace Mann P & C | 584 |
| 250000 | 1000 | 4-6 Years | Kemper | 700 |
| 300000 | 500 | 4-6 Years | Stillwater Prop & Cas Co | 888 |
| 300000 | 500 | 4-6 Years | Universal North America | 663 |
| 500000 | 2500 | 4-6 Years | California Capital | 875 |
| 300000 | 500 | 7-15 Years | Horace Mann | 907 |
| Low Deductible | High Deductible | |
|---|---|---|
| Deductible | $1,300 | $2,300 |
| Yearly Moreno Valley Homeowner Insurance Premium Example | $800 | $600 |
| Out of Pocket Expense During Claim | $1,300 | $2,300 |
| Total Home Insurance Premium for 8 years + Out of Pocket Expense for Claim | $7,700 | $7,100 |
| Net Savings to Moreno Valley Home Owner from High Deductible Plan | $600 | |
| Scenario | Moreno Valley, CA Home Replacement Value MORE than Home Value | Moreno Valley, CA Home Replacement Value LESS than Home Value |
|---|---|---|
| Replacement Value | $277,000 | $205,500 |
| Insurance Premium based on Replacement Value | $725 | $525 |
| Risk Exposure from Under Insuring Coverage | Unnecessary Home Insurance Coverage of $42,000 | Risk Exposure from Under Insuring Coverage is $29,500 |
| Premium Impact | Insurance cheaper by $75/year | Insurance costlier by $125/year |
| Insurance Company | Allstate | Liberty Mutual | Nationwide Insurance |
| Monthly Premium | 31 | 37 | 28 |
| Year Built | 2005 | 1985 | 2013 |
| Home Details | 3 Beds, 1 Baths | 4 Beds, 2 Baths | 5 Beds, 3 Baths |
| Coverage Amount | $175000-$200000 | $175000-$200000 | $125000-$150000 |
| Deductible | $1000-$2500 Deductible | $500 Deductible | $2500-$5000 Deductible |