Norwalk ,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 Norwalk, 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 Norwalk, CA is $1350. Enter your zipcode below and click “GO” to get multiple free quotes.
It is important to understand the different coverage options available in Norwalk, CA. VHome Insurance will help you navigate the world of homeowners insurance coverages in Norwalk, CA.
| Coverage Level | Average Annual Premium |
|---|---|
| $100,000 | $540 |
| $200,000 | $918 |
| $300,000 | $1,134 |
| $400,000 | $1,728 |
| $500,000 | $2,174 |
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 Norwalk, CA, and how to choose the right one for your needs.
| Deductible Level | Average Annual Premium |
|---|---|
| $500 Deductible | $1,384 |
| $1000 Deductible | $1,238 |
| $1500 Deductible | $1,168 |
| $2500 Deductible | $1,053 |
| $5000 Deductible | $891 |
| Home Insurance Company Near Norwalk, CA | Homeowners Insurance Agency Near Norwalk, CA | Address |
|---|---|---|
| Liberty Mutual Independent | Lucchese Insurance | 9795 CABRINI DR STE 206, BURBANK, CA, 91504 |
| Travelers | Nathan Comstock Insurance Services | 28570 MARGUERITE PARKWAY STE 208, MISSION VIEJO, CA, 92692 |
| Farmers | Tannaz "Tammy" Nabati | 300 S Beverly Dr Ste 208, Beverly Hills, CA, 90212 |
| State Farm | Tarrell Florent | 23033 Lyons Ave. Suite 1, Santa Clarita, CA, 91321-2758 |
| NA | Dealey, Renton & Associates Insurance Brokers | 3 Imperial Promenade 3 Imperial Promenade Santa Ana, Garden Grove, CA, 92707 |
| Place | 1 Car Bundle Savings On Insurance | 2 Car Bundle Savings On Insurance | 3 Car Bundle Savings On Insurance |
|---|---|---|---|
| Downey-Norwalk CCD, Los Angeles County, California | $79 | $105 | $157 |
| Santa Fe Springs city, California | $78 | $104 | $156 |
| Artesia city, California | $80 | $106 | $159 |
| Place | Home insurance as a % of housing cost for homes with mortgage | Home insurance as a % of housing cost for homes without mortgage |
|---|---|---|
| Norwalk, CA | 2.6% | 16.0% |
| Downey-Norwalk | 2.42% | 14.13% |
| Santa Fe Springs | 2.7% | 18.12% |
| Artesia | 2.36% | 14.85% |
| Norwalk Home By Monthly Rent | Total Homes | % of Total | Estimated Monthly Income To Afford Rented House Including Renters Insurance |
|---|---|---|---|
| $200 to $299 | 279 | 3.0% | $789 |
| $300 to $499 | 280 | 3.0% | $1239 |
| $500 to $749 | 468 | 5.0% | $1914 |
| $750 to $999 | 1,410 | 15.0% | $2664 |
| $1,000 to $1,499 | 3,228 | 35.0% | $3789 |
| $1,500 or more | 3,219 | 35.0% | $5439 |
| Streets in Norwalk Area | Homeowners Insurance Cost |
|---|---|
| Faculty Dr, Hoxie Ave, Pantheon St, 165th St, Lesser St, Stagecoach Ln, Abingdon St, 162nd St, Kalnor Ave, Behrens Ave | $626 |
| Cameo Ave, Crestbrook St, Hopland St, Carne St, 164th St, Nava St, Meadow Rd, Hopland St, Fidel Ave, Gracebee Ave | $619 |
| Caulfield Ave, Vieudelou Ave, Bayside Dr, Pluton St, Union St, Brimley St, Sproul St, Gettysburg Dr, Chesterton St, Ferina St | $613 |
| Falco Ave, Lowemont St, Foix Ave, Cedardale Dr, Pantheon St, Tina St, Claressa Ave, Wheatstone Ave, Hercules St, Aegean St | $617 |
| Nordesta Dr, Ben Nevis Ave, Leyva St, Lancelot Ave, Behrens Ave, Tina St, Flatbush Ave, Rancho Dr, McRae Ave, Ringwood Ave | $622 |
| Place | Savings For Senior Occupied Homes |
|---|---|
| Norwalk | $92 to $95 |
| Downey-Norwalk | $94 |
| Santa Fe Springs | $93 |
| Artesia | $95 |
| Coverage ($) | Deductible ($) | Age of home | Company | Average homeowners insurance premium ($) |
|---|---|---|---|---|
| 150000 | 250 | New | First American Ins | 379 |
| 150000 | 250 | 16-25 Years | Century National | 654 |
| 150000 | 250 | 26-40 Years | AIG Prop Cas | 772 |
| 150000 | 250 | 41-70 Years | Horace Mann | 395 |
| 150000 | 500 | New | AIG Prop Cas | 582 |
| 150000 | 500 | 16-25 Years | California Capital | 590 |
| 150000 | 500 | 16-25 Years | Stillwater Ins Co | 576 |
| 150000 | 500 | 41-70 Years | QBE (Balboa) | 719 |
| 200000 | 500 | 1-3 Years | CSE Safeguard | 552 |
| 200000 | 500 | 26-40 Years | Nationwide | 808 |
| 250000 | 1000 | New | Western Mutual/Residence | 538 |
| 250000 | 1000 | 7-15 Years | IDS Property Casualty | 689 |
| 250000 | 1000 | 16-25 Years | Encompass | 1267 |
| 250000 | 1000 | 26-40 Years | Grange | 760 |
| 250000 | 500 | 1-3 Years | Foremost Insurance | 1098 |
| 250000 | 500 | 16-25 Years | AAA (Interinsurance Exchange) | 798 |
| 250000 | 500 | 16-25 Years | Unigard Group | 1255 |
| 250000 | 500 | 26-40 Years | Amco | 890 |
| 300000 | 500 | 1-3 Years | Nationwide | 703 |
| 300000 | 500 | 16-25 Years | MAPFRE Group | 1225 |
| Low Deductible | High Deductible | |
|---|---|---|
| Deductible | $1,000 | $2,000 |
| Yearly Norwalk Homeowner Insurance Premium Example | $900 | $700 |
| Out of Pocket Expense During Claim | $1,000 | $2,000 |
| Total Home Insurance Premium for 8 years + Out of Pocket Expense for Claim | $8,200 | $7,600 |
| Net Savings to Norwalk Home Owner from High Deductible Plan | $600 | |
| Scenario | Norwalk, CA Home Replacement Value MORE than Home Value | Norwalk, CA Home Replacement Value LESS than Home Value |
|---|---|---|
| Replacement Value | $364,000 | $268,500 |
| Insurance Premium based on Replacement Value | $1,175 | $850 |
| Risk Exposure from Under Insuring Coverage | Unnecessary Home Insurance Coverage of $51,000 | Risk Exposure from Under Insuring Coverage is $44,500 |
| Premium Impact | Insurance cheaper by $150/year | Insurance costlier by $175/year |
| Insurance Company | GEICO Insurance | Nationwide Insurance | Liberty Mutual |
| Monthly Premium | 67 | 32 | 87 |
| Year Built | 1970 | 1958 | 1969 |
| Home Details | 3 Beds, 1 Baths | 2 Beds, 1 Baths | 4 Beds, 2 Baths |
| Coverage Amount | $300000-$350000 | $150000-$175000 | $400000-$500000 |
| Deductible | $1000-$2500 Deductible | $500- $1000 Deductible | $1000-$2500 Deductible |