Murrieta, CA Home Insurance - Analysis On Quotes, Rates & Agents
Murrieta Insurance Rates:
Murrieta, CA homeowners insurance is about $522 to $708, about $43-$59/month. Our detailed research shows customers can save as much as $246 by comparing many quotes. Enter your zipcode below and click “GO” to get multiple free quotes.
Different Ways to Reduce your Home Insurance in Murrieta, CA
The average cost of homeowners insurance in Murrieta, CA, is $1031. Homeowner’s insurance can protect you from many unexpected events like fire, water damage, theft, vandalism, and other issues. It can also help you with medical bills if someone is injured on your property. An insurance policy typically covers the structure of the home, personal belongings, and others in the event of damage due to an insured peril. An insured peril is any sudden or accidental event that causes physical damage to a structure or possessions, such as fire or smoke, windstorm or hail, freezing of plumbing, or other perils.
The home insurance rates may vary from one city to another. It also depends on many other factors, including the deductible, coverage level, claims history, age of the house, location, and others.
a. By choosing a higher deductible
Home insurance deductibles are the amount you pay out of pocket before your policy kicks in. Insurance providers offer a range of deductible types, so homeowners can find the one that suits their needs. In Murrieta, CA, homeowners paying a deductible of 1500 and 2000 pay a premium of $867.48 and $787.48. In contrast, homeowners paying a deductible of 500 and 1000 pay $1018.63 and $921.51, respectively. Therefore, the higher the deductible, the lower the premium in Murrieta, CA.
Refer to the chart below to know the amount paid by the homeowners for different deductibles in Murrieta, CA.
b. By installing security features
Major home insurance companies in Murrieta, CA, offer discounts on home insurance rates with homes qualifying burglar alarms and other safety measures on their property. The advanced systems detect intrusion and have interactive features that allow you to control your door locks, lights, and thermostat remotely from your mobile device. This mitigates the risk of burglary, fire, or any other peril.
Residents who have installed security features like deadbolts and smoke detectors pay $907.28 and $948.52, respectively, on homeowners insurance in Murrieta, CA. Homeowners with fire alarms and sprinkler systems pay $948.52 on home insurance in Murrieta, CA.
c. By maintaining a zero claims history
Your insurance company will likely raise your home insurance rates in Murrieta, CA, if you file a claim. It could increase beyond the initial premium bump for each new claim. The longer you stay with an insurer without filing a claim, the less impact a future claim will have on your policy. For example, homeowners in Murrieta, CA, with zero claims history, have to pay a premium of $886.66, whereas homeowners with one or two claims have to pay $1123.79 and $1165.03 on homeowners insurance in Murrieta, CA.
Murrieta, CA, Best Home Insurance Companies
The average home insurance rate in Murrieta, California, ranges between $522 to $708. By comparing quotes from multiple home insurance companies, Murrieta homeowners can save as much as $246 on home insurance. To help Murrieta homeowners choose the cheapest insurance provider, we have curated a list of the top 5 home insurance companies in Florida based on market share.
State Farm
State Farm is the leading home insurance company in California, with a market share of 17.56%. The renowned home insurance company has written direct premiums worth $1,469,169 and has earned direct premiums worth $1,405,885. State Farm holds a financial strength rating of A++ from A.M. Best for its superior financial capacity in granting potential claims of current Murrieta policyholders. It also received a customer satisfaction score of 4/5 from J.D. Power based on the feedback collected from policyholders.
Farmers
According to NAIC, Farmers occupies a market share of 15.97%. The total value of direct premiums written and earned by Farmers is $1,335,894 and $1,293,054, respectively. It has received a financial strength rating of A+ from A.M. Best for its superior financial ability to grant claims of current policyholders. Based on the feedback curated by J.D. Power, Farmers has a customer satisfaction score of 3/5.
CSAA
CSAA follows Farmers in terms of market share, occupying 6.51% of the share. It has direct premiums written and earned with a total value of $544,788 and $527,552, respectively. CSAA has an excellent financial ability for granting potential claims, with an A rating by A.M. Best. J.D. Power has awarded CSAA with a rating of 3/5 on customer satisfaction.
Liberty Mutual
Liberty Mutual has a market share of 6.24% in California with direct premiums written worth $521,782, and direct premiums earned worth $501,655. A.M. Best rated Liberty Mutual with an A for its excellent ability to grant potential claims of current policyholders. In terms of overall customer satisfaction, Liberty Mutual received a score of 3/5 from J.D Power.
Allstate
Allstate is another major player in the home insurance segment, with a market share of 5.91%. The home insurance company has direct premiums written worth $494,685, and direct premiums earned worth 488,052. Allstate has the superior financial ability in granting potential claims of current Murrieta policyholders and has been awarded a rating of A+ from A.M. Best. It received a customer satisfaction score of 3/5 from J.D. Power.
Murrieta, CA Homeowners Insurance By Home Value
| Murrieta, CA Home Value | Total Homes | % of Total | Average Murrieta, CA Homeowners Insurance |
|---|---|---|---|
| Less than $50,000 | 1,005 | 2.0% | $49 |
| $100,000 to $124,999 | 1,101 | 2.0% | $221 |
| $125,000 to $149,999 | 1,133 | 2.0% | $276 |
| $150,000 to $174,999 | 2,053 | 4.0% | $332 |
| $175,000 to $199,999 | 2,786 | 5.0% | $381 |
| $200,000 to $249,999 | 10,456 | 21.0% | $461 |
| $250,000 to $299,999 | 11,801 | 24.0% | $559 |
| $300,000 to $399,999 | 18,211 | 37.0% | $713 |
Top Home Insurance Agents Near Murrieta, CA
| Home Insurance Company Near Murrieta, CA | Homeowners Insurance Agency Near Murrieta, CA | Address |
|---|---|---|
| Allstate | Doug Moore | 7270 Victoria Park Ln Ste 3C, Rancho Cucamonga, CA, 91739 |
| Allstate | Hal Headley | 26010 McCall Blvd Ste H, Sun City, CA, 92586 |
| Allstate | John Barger | 27281 Las Ramblas Ste 105, Mission Viejo, CA, 92691 |
| Farmers | Matthew Fallesen Mba | 41707 Winchester Rd Ste 305, Temecula, CA, 92590 |
| State Farm | Mike Giblin | 6994 El Camino Real Ste 211, Carlsbad, CA, 92009-4118 |
Murrieta, CA Home Insurance Agents for Top Companies
Cost Of Homeowners Insurance By Street Near Murrieta, CA
| Streets in Murrieta Area | Homeowners Insurance Cost |
|---|---|
| Wisteria Pl, McVicar St, Canyon Rim Cir, Cll Cuero, Chameleon, Via Calidad, Felix Valdez Ave, Coopers Hawk Ct, Breezeway Pl, Koon Rd | $683 |
| Via Barranca, Carino Pl, Fresz Rd, Via Lar, Via Cavalo, Kornell St, Corte Aldalano, Shadypine, N Bear Creek Dr, Lyles Dr | $654 |
| Linda Ct, Cll Los Pericos, Saria Ct, Wild Rose Ln, Sugarcane Dr, Altanos Rd, Saratoga Springs Pl, Longfellow Ave, Sherwood St, Botanica Pl | $628 |
| Shenandoah Ct, Red Robin Rd, Corte Pavia, Fondi Ct, Laurel Glen Cir, Cam Hermosa, Albacete Ave, Savoy Ln, Country Ridge Ct, Via Bonilla | $610 |
| Iride Cir, Bellamy Ln, Corte Nina, Corte de Opalo, Winner's Cir, Buccaneer Bay Ln, Elm Pl, Willow Haven Ave, Quigley Rd, Frens Rd | $611 |
| Cornhusk Dr, Tejay Ave, de Vendome Ct, Tuscan Creek Way, Ave Bordeaux, Bridgeview Cir, Ave Castilla E, Saddlebrook St, Dugan Dr, Meadowgate Ct | $612 |
| Via Cerro Vis, Cll Arnaz, Yosemite St, Whispering Wind Ct, Stargazer Way, Hoofprint Dr, Fosse Way, Monahan Pl, Calaveras Rd, Via Candeleda | $659 |
| Serrento Dr, Pinon Pine Way, Bravos Ct, Susana Way, Horning Rd, Iris Way, Plymouth Way, Compass Cir, Almond Cir, Jenny Ln | $620 |
| Calistoga Dr, Odyssey Dr, McCabe Ct, Autumn Woods Rd, Sunbonnet Rd, Gambrel Gate Ln, Orchid Dr, Countryside Ln, Corte Soledad, Novato Way | $612 |
| Cll de la Siesta, Anglica Dr, Pheasant Pl, Bay Meadows Way, Green Harvest Ct, Mekeel Ranch Rd, Maximilian Ave, Saint Marta Dr, Balsam St, Bell Bluff Way | $659 |
Murrieta, CA Home Insurance Savings For Senior Occupied Homes
| Place | Savings For Senior Occupied Homes |
|---|---|
| Murrieta | $92 to $94 |
| Temecula | $92 |
| French Valley | $91 |
| Rainbow | $94 |
Murrieta, CA Auto & Homeowners Insurance Bundling Discounts
| Place | 1 Car Bundle Savings On Insurance | 2 Car Bundle Savings On Insurance | 3 Car Bundle Savings On Insurance |
|---|---|---|---|
| Temecula city, California | $92 | $123 | $185 |
| French Valley CDP, California | $92 | $122 | $183 |
| Rainbow CDP, California | $94 | $125 | $188 |
Murrieta, CA Area Home Insurance as a % of Housing Cost
| Place | Home insurance as a % of housing cost for homes with mortgage | Home insurance as a % of housing cost for homes without mortgage |
|---|---|---|
| Murrieta, CA | 2.1% | 9.6% |
| Temecula | 2.11% | 9.45% |
| French Valley | 1.98% | 8.85% |
| Rainbow | 2.2% | 8.83% |
Murrieta Renters Insurance as a Percentage of Rent
| Murrieta Home By Monthly Rent | Total Homes | % of Total | Estimated Monthly Income To Afford Rented House Including Renters Insurance |
|---|---|---|---|
| $300 to $499 | 303 | 1.0% | $1241 |
| $500 to $749 | 766 | 3.0% | $1916 |
| $750 to $999 | 2,073 | 8.0% | $2666 |
| $1,000 to $1,499 | 8,060 | 34.0% | $3791 |
| $1,500 or more | 11,730 | 50.0% | $5441 |
Average Cost Of Home Insurance By Company In Areas Nearby Murrieta For Different Scenarios
| Coverage ($) | Deductible ($) | Age of home | Company | Average homeowners insurance premium ($) |
|---|---|---|---|---|
| 150000 | 250 | New | Wawanesa | 431 |
| 150000 | 500 | New | Horace Mann | 341 |
| 200000 | 500 | New | Amco | 414 |
| 200000 | 500 | New | Western Mutual/Residence | 372 |
| 300000 | 500 | New | Century National | 680 |
| 400000 | 1000 | New | California Capital | 621 |
| 500000 | 1000 | New | American Reliable | 1176 |
| 500000 | 1000 | New | CSE Safeguard | 895 |
| 500000 | 1000 | New | Farmers (Fire Ins) | 1461 |
| 500000 | 1000 | New | Pacific Property And Casualty | 578 |
| 500000 | 2500 | New | Tokio Marine America | 775 |
| 150000 | 250 | 1-3 Years | Wawanesa | 436 |
| 200000 | 500 | 1-3 Years | MAPFRE Group | 448 |
| 250000 | 1000 | 1-3 Years | Kemper | 462 |
| 250000 | 1000 | 1-3 Years | State Farm | 629 |
| 250000 | 500 | 1-3 Years | CSE Safeguard | 622 |
| 400000 | 1000 | 1-3 Years | Century National | 907 |
| 750000 | 2500 | 1-3 Years | Amco | 1252 |
| 250000 | 1000 | 4-6 Years | Foremost Insurance | 811 |
| 250000 | 500 | 4-6 Years | Pacific Specialty | 672 |
| 400000 | 1000 | 4-6 Years | American Modern | 1219 |
| 400000 | 1000 | 4-6 Years | California Capital | 763 |
Murrieta, CA Home Insurance Costs With Deductible Scenario
| Low Deductible | High Deductible | |
|---|---|---|
| Deductible | $700 | $1,700 |
| Yearly Murrieta Homeowner Insurance Premium Example | $700 | $500 |
| Out of Pocket Expense During Claim | $700 | $1,700 |
| Total Home Insurance Premium for 8 years + Out of Pocket Expense for Claim | $6,300 | $5,700 |
| Net Savings to Murrieta Home Owner from High Deductible Plan | $600 | |
Murrieta, CA Home Insurance Costs With Home Replacement Value Scenarios
| Scenario | Murrieta, CA Home Replacement Value MORE than Home Value | Murrieta, CA Home Replacement Value LESS than Home Value |
|---|---|---|
| Replacement Value | $318,000 | $204,500 |
| Insurance Premium based on Replacement Value | $1,075 | $700 |
| Risk Exposure from Under Insuring Coverage | Unnecessary Home Insurance Coverage of $79,500 | Risk Exposure from Under Insuring Coverage is $34,000 |
| Premium Impact | Insurance cheaper by $100/year | Insurance costlier by $275/year |
Example Murrieta Homeowners Insurance Comparison Table to Compare The Cheapest Quotes
| Insurance Company | Chubb Group of Insurance | Travelers | Nationwide Insurance |
| Monthly Premium | 22 | 106 | 73 |
| Year Built | 2002 | 1990 | 2014 |
| Home Details | 3 Beds, 1 Baths | 4 Beds, 1 Baths | 5 Beds, 2 Baths |
| Coverage Amount | $175000-$200000 | $700000-$800000 | $500000-$600000 |
| Deductible | > $10,000 Deductible | > $10,000 Deductible | > $10,000 Deductible |
Sample Home Insurance Rates for Murrieta, CA from Consumer Reviews & Surveys
| Year Built | Home Value | Roof Type | Sqft | Number of Bedrooms | Deductible | Premium | Premium Months | Siding Type | Smoker/Non Smoker |
|---|---|---|---|---|---|---|---|---|---|
| 2010 | 360,000 | Shingles Roof | 2,530 | 5 | > $10,000 Deductible | 270 | 5 | Brick siding | yes |
| 1993 | 475,000 | Shingles Roof | 3,380 | 4 | $2500-$5000 Deductible | 210 | 3 | Fiber-Cement Siding | No |
| 2011 | 255,000 | Wood Shake Roof | 1,430 | 3 | $2500-$5000 Deductible | 100 | 2 | Stone Siding | No |
| 1996 | 820,000 | Composition Roof | 4,720 | 5 | $500- $1000 Deductible | 710 | 4 | Vinyl siding | No |
| 1991 | 275,000 | Membrane Roof | 1,500 | 3 | > $10,000 Deductible | 520 | 10 | Stucco siding | yes |
| 2006 | 210,000 | Shingles Roof | 1,690 | 4 | $1000-$2500 Deductible | 530 | 10 | Fiber-Cement Siding | yes |
| 2011 | 180,000 | Tile Roof | 1,290 | 3 | $500 Deductible | 410 | 9 | Stone Siding | No |
| 2010 | 375,000 | Membrane Roof | 2,670 | 5 | $500 Deductible | 190 | 2 | Fiber-Cement Siding | No |
| 2007 | 220,000 | Asphalt Shingles Roof | 1,680 | 3 | $2500-$5000 Deductible | 560 | 12 | Stone Siding | yes |
| 1998 | 285,000 | Shingles Roof | 1,810 | 4 | $500 Deductible | 500 | 7 | Stone Siding | yes |
| 2004 | 200,000 | Composition Roof | 1,550 | 3 | $500 Deductible | 70 | 2 | Stucco siding | No |
| 1992 | 315,000 | Wood Shake Roof | 2,060 | 3 | $5000 to $10,000 Deductible | 330 | 5 | Stucco siding | yes |
| 1991 | 265,000 | Slate Shingles Roof | 1,610 | 4 | $2500-$5000 Deductible | 390 | 10 | Vinyl siding | yes |
| 2005 | 635,000 | Membrane Roof | 4,200 | 5 | $5000 to $10,000 Deductible | 1080 | 12 | Stucco siding | yes |
| 1990 | 520,000 | Wood Shake Roof | 2,950 | 4 | > $10,000 Deductible | 120 | 2 | Stone Siding | No |
| 2010 | 285,000 | Composition Roof | 2,120 | 3 | $1000-$2500 Deductible | 130 | 2 | Fiber-Cement Siding | No |
| 2002 | 255,000 | Metal Roof | 1,560 | 3 | > $10,000 Deductible | 300 | 8 | Vinyl siding | No |
| 2008 | 440,000 | Shingles Roof | 2,390 | 3 | $500 Deductible | 780 | 7 | Stone Siding | No |
| 2011 | 350,000 | Slate Shingles Roof | 2,490 | 5 | $2500-$5000 Deductible | 560 | 9 | Fiber-Cement Siding | No |
| 2001 | 300,000 | Metal Roof | 1,800 | 3 | $5000 to $10,000 Deductible | 540 | 12 | Wood siding | No |
| 2014 | 195,000 | Wood Shake Roof | 1,530 | 3 | $2500-$5000 Deductible | 100 | 2 | Wood siding | No |
| 2000 | 185,000 | Shingles Roof | 1,290 | 3 | $5000 to $10,000 Deductible | 370 | 12 | Brick siding | No |
| 1997 | 310,000 | Slate Shingles Roof | 2,230 | 5 | > $10,000 Deductible | 210 | 6 | Wood siding | No |
| 2010 | 250,000 | Membrane Roof | 1,910 | 5 | $500- $1000 Deductible | 340 | 7 | Stone Siding | No |
| 2013 | 310,000 | Asphalt Shingles Roof | 1,850 | 3 | $500 Deductible | 470 | 7 | Stucco siding | No |
| 2014 | 210,000 | Membrane Roof | 1,580 | 3 | $500- $1000 Deductible | 580 | 10 | Vinyl siding | yes |
| 2008 | 330,000 | Membrane Roof | 1,870 | 3 | $500 Deductible | 710 | 8 | Wood siding | yes |
| 2003 | 535,000 | Membrane Roof | 2,930 | 4 | $500 Deductible | 900 | 10 | Brick siding | No |
| 2003 | 765,000 | Composition Roof | 4,770 | 5 | $500- $1000 Deductible | 970 | 7 | Brick siding | yes |
| 2002 | 315,000 | Membrane Roof | 2,133 | 3 | $5000 to $10,000 Deductible | 180 | 2 | Vinyl siding | yes |
Latest Home Insurance Reviews
GeicoMy insurance premiums seem to be compatible with other insurance companies; no higher than others. Nothing seems to be worse than in any other company.
State FarmThis company is known for offering the best services because it offers the best quality of the market in terms of safety and responsibility when responding to your work
Liberty MutualI never looked at other policy offerings - I had previously used this company for auto and renter's insurance, and continued with them out of loyalty and satisfaction with their products in those areas.
ProgressiveOur deductible is quite high and went up after our large loss due to the ice storm. Our deductible is fair at $1000, because we still get everything covered after that. The premium is slightly high, but it is not terrible.
AllstateOur home insurance company's customer service has been great. We do tend to have a lot of questions, and they are always very responsive to our different needs.We have been really happy with everything!
AllstateThe policy offereings were pretty decent. I got everything I was looking for and the prices were a little bit better here than they were at a lot of the competitors.
MercuryTheir service is great so far. I had it for over 2 years. The agents are available all the time and they are willing to help.
GeicoI'd give them a 3, it's not something anyone likes to purchase. Their customer success was unmemorable--so not good or bad just eh. Probably would renew with them out of convenience.
Farmer's InsuranceThe customer service is efficient, they work hard to come up with a solution that is good for both of us. They respond in a timely fashion and are patient and understanding.
GeicoWhen there is an issue and you cannot make a payment right away, they are usually understandable and try their best to make it work for you.
State FarmI am also not a fan of how the insurance rates. i continue to have rates that increase, despite not making any claims.
State FarmAlthough thankfully i have never had to make a claim with state farm, they would expedite the process and make it as painless as possible.
State FarmI have been with this company for years and receive very good rates. Any time that I have shopped around I have not found better rates, and when I find rates that are close the coverage is not as good as what I have.
State FarmI'll be honest, there is nothing that I dislike about this company. If I had to find something, I would say I wish my premium was lower than others.
Encompass InsuranceThey send me annual renewal and billing statements, and are otherwise silent throughout the year.
AllstateAgain, interactions with Allstate have been amazing. They are always super helpful and readily available when I need them.
The Hartfordwaiting time on the phone is awfully long , whenever I get a repair service I need to pay extra money, and not all the repairs are covered by Warranty.
MercuryI dislike that they cannot contact me back when I reach out to them ever. I don't know why they are hard to get a hold of sometimes but it’s okay
AllstateThey don't bother me much and their communications are simple which is what I like.
State FarmThe only thing that is dissatisfied with is the amount of money that it costs for my insurance policy. I know that it is not anything personal that it is company policy and determined by the area in which I live.
State Farmthere really isn't much I don't like about the company. or at least anything I can think of right now. I guess the only thing would be I would like to pay less but keep the same service lol
AllstateI do not like how the adjuster took forever and that my claim fell through the crack, that the amount I thought was needed to repair the claim wasn't paid out so we had to come out of pocket with another $1000.
State FarmI would recommend them because I actually feel like they care about the company and don't act like a corporate machine. They are quite personable.
AllstateThe company has been great overall. I love my home insurance. I don't have to use it very often, but when I do, they are there when I need it. The pricing is low, but not too low where I'm thinking it's too good to be true. I would suggest other people use All-State.
GeicoI like that the office was conveniently located and I seemed to get a better deal with them than I would have elsewhere. I like that it comes out of my account without thinking about it.