Palmdale, CA Home Insurance - Analysis On Quotes, Rates & Agents
Palmdale Insurance Rates:
Palmdale, CA homeowners insurance is nearly $508 to $687, about $42-$57/month. Our detailed research reveals consumers can save as much as $238 by getting multiple quotes. Enter your zipcode below and click “GO” to get multiple free quotes.
Different Ways to Reduce your Home Insurance in Palmdale, CA
The average cost of home insurance in Palmdale, California, is $690. Insurance is a type of danger management used to attenuate the losses associated with a particular risk. It provides indemnity against a specific loss, damage, or liability arising from an insured contingency like fire, hail, theft, or disasters.
Risk factors that determine the cost of a home insurance policy include the size and type of your home, materials used to construct the house, how old it is, area of residence, and the physical characteristics of the land. Few other factors are explained in this article below.
a. By choosing a higher deductible
Along with other factors, the deductible in home insurance plays an important role. Therefore, homeowners must be attentive while choosing their deductible amount. A deductible is an amount the policyholder have to pay towards a covered claim. For example, homeowners paying a deductible of 500 and 1500 pay a premium of $681.72 and $580.57 on homeowners insurance in Palmdale, CA. In contrast, homeowners paying a deductible of 2000 and 2500 pay $527.02 and $495.42, respectively. Therefore, the higher the deductible, the lower the homeowners insurance rates in Palmdale, CA.
b. By installing security features
Many homeowners can receive significant offers on home insurance rates when they install home security features, such as a monitored alarm system, cameras, fire alarms, and other types of equipment. These discounts vary by provider and feature but can potentially save you hundreds of bucks on your home insurance in Palmdale, CA. For instance, homes with deadbolts pay $634.8 on home insurance in Palmdale, CA. The chances of theft or burglary are less with the presence of deadlocks at home.
c. By maintaining a zero claims history
Having a claim in the past can often affect your current home insurance rates in Palmdale, CA. Homeowners with one or two claims face high home insurance rates when compared to homeowners with zero claims history. This is because they pose a lesser risk to the insurers. Therefore, insurance companies offer discounts with zero claims history on Palmdale insurance. For example, homeowners in Palmdale, CA, with zero claims history, have to pay a premium of $593.4. In contrast, homeowners with one or two claims must pay $731.4 and $786.6 on homeowners insurance in Palmdale, CA.
Palmdale, CA, Best Home Insurance Companies
In Palmdale, California, homeowners pay an average home insurance rate ranging between $508 and $687. vHome’s comprehensive analysis reveals that Palmdale homeowners can save up to $238 by comparing quotes from multiple home insurance providers. Below are the top 5 home insurance companies in California according to market share.
State Farm
State Farm is the most prominent company in California, occupying the major market share of 17.56%. It has written direct premiums worth $1,469,169 and earned direct premiums worth $1,405,885. A.M. Best has awarded it with a financial strength rating of A++ for its superior financial ability in granting potential claims to current Palmdale policyholders. It holds a customer satisfaction score of 4/5 based on the feedback collected from policyholders by J.D. Power.
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 received an A rating by A.M. Best for its excellent financial ability in granting potential claims of current policyholders. 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 Palmdale 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.
Palmdale, CA Homeowners Insurance By Home Value
| Palmdale, CA Home Value | Total Homes | % of Total | Average Palmdale, CA Homeowners Insurance |
|---|---|---|---|
| Less than $50,000 | 1,239 | 4.0% | $77 |
| $50,000 to $59,999 | 337 | 1.0% | $167 |
| $60,000 to $69,999 | 283 | 1.0% | $202 |
| $70,000 to $79,999 | 293 | 1.0% | $238 |
| $80,000 to $89,999 | 735 | 2.0% | $268 |
| $90,000 to $99,999 | 582 | 2.0% | $298 |
| $100,000 to $124,999 | 2,384 | 9.0% | $346 |
| $125,000 to $149,999 | 2,619 | 10.0% | $435 |
| $150,000 to $174,999 | 3,718 | 14.0% | $513 |
| $175,000 to $199,999 | 2,445 | 9.0% | $597 |
| $200,000 to $249,999 | 4,026 | 15.0% | $716 |
| $250,000 to $299,999 | 3,125 | 12.0% | $877 |
| $300,000 to $399,999 | 3,528 | 13.0% | $1110 |
Top Home Insurance Agents Near Palmdale, CA
| Home Insurance Company Near Palmdale, CA | Homeowners Insurance Agency Near Palmdale, CA | Address |
|---|---|---|
| State Farm | Adam Wiltsey | 554 E Foothill Blvd Ste 111, San Dimas, CA, 91773-1222 |
| Farmers | Kathi Dolan | 861 Via De La Paz Ste C, Pacific Palisades, CA, 90272 |
| Travelers | Lloyd S Berkett Insurance Agency Inc | 11150 W Olympic Blvd, Ste 1100 Los Angeles, LA, CA, 90064 |
| Allstate | Salvador Mercado | 10680 W Pico Blvd Ste 202, Los Angeles, CA, 90064 |
| State Farm | Suzanne Flores | 4788 Peck Rd, El Monte, CA, 91732-1349 |
Palmdale, CA Home Insurance Agents for Top Companies
Cost Of Homeowners Insurance By Street Near Palmdale, CA
| Streets in Palmdale Area | Homeowners Insurance Cost |
|---|---|
| Churchill Ct, Pictorial St, E Ave Q 12, Sulphur Springs Rd, W Ave N12, 39th St W, Caminito Ln, Pike Rd, Martingale Rd, Cattle Creek Rd | $646 |
| Piazza Pl, Cottontail Trl, Kingcup Ter, Elk Run Ln, 95th St E, Lisa St, Lark Ln, 70th St, Antelope St, Cordoba Pl | $601 |
| Clermont Ave, Pergola Ter, Mesquite Rd, Lavery Rd, Windy Ct, Siberian Ct, Lilacview Ave, Caldron St, 67th St W, E 86th St | $673 |
| Honeysuckle Ave, E Ave Q-15, W Ave M-14, Teller Ave, Ocotillo Dr, Ave M-11, Sand Brook Dr, E Ave T6, E Ave S-11, Avignon Ln | $580 |
| Sinaloa St, Quail Rd, Dunbar St, Ridge Ave, E Ave S14, Riesling Ave, Bay Ridge Ct, Gunton Dr, Old Nadeau Rd, Dijon Ln | $604 |
| Pinnacle Way, Wesley Ct, Villa Moura Dr, Peachwood Pl, Mimosa Way, Oakcrest Ave, Tierra Subida Ave, Serval Way, Willow Ln, Rawson St | $609 |
| Old Harold Rd, Osmunda Ct, Sierra Vallejo Rd, Pompeii Way, Opal Ave, Sunrise View St, Ave Entrada, Forest View Rd, Mangrove Dr, Archail Ct | $647 |
| 106th St E, Dana Dr, Romona Rd, Mustang Ln, Wallace Canyon Rd, 51st St W, Las Brisas Ter, Anset Dr, W Ave M-4, Katrina St | $600 |
| Rosemarie St, 112th St E, Derby Cir, Godde Hill Rd, Galloping Way, Flag Way, Cranshaw Ln, E Ave R8, Margate Pl, W Ave M-10 | $608 |
| Rover Ridge Rd, Wales St, Theodore Ct, Gorham Ln, Borica Ct, Tackstem St, Beauty Vista Ln, E Ave P-15, Jefferson Dr, Old Windmill Rd | $623 |
Palmdale, CA Home Insurance Savings For Senior Occupied Homes
| Place | Savings For Senior Occupied Homes |
|---|---|
| Palmdale | $89 to $91 |
| Desert View Highlands | $89 |
| Quartz Hill | $90 |
| Acton | $96 |
Palmdale, 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 |
|---|---|---|---|
| Desert View Highlands CDP, California | $89 | $119 | $179 |
| Quartz Hill CDP, California | $90 | $120 | $180 |
| Acton CDP, California | $96 | $128 | $192 |
Palmdale, 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 |
|---|---|---|
| Palmdale, CA | 2.6% | 11.2% |
| Desert View Highlands | 2.71% | 14.83% |
| Quartz Hill | 2.7% | 11.3% |
| Acton | 1.86% | 8.06% |
Palmdale Renters Insurance as a Percentage of Rent
| Palmdale Home By Monthly Rent | Total Homes | % of Total | Estimated Monthly Income To Afford Rented House Including Renters Insurance |
|---|---|---|---|
| $200 to $299 | 155 | 1.0% | $801 |
| $300 to $499 | 516 | 3.0% | $1251 |
| $500 to $749 | 1,534 | 11.0% | $1926 |
| $750 to $999 | 2,949 | 21.0% | $2676 |
| $1,000 to $1,499 | 4,097 | 30.0% | $3801 |
| $1,500 or more | 4,297 | 31.0% | $5451 |
Average Cost Of Home Insurance By Company In Areas Nearby Palmdale For Different Scenarios
| Coverage ($) | Deductible ($) | Age of home | Company | Average homeowners insurance premium ($) |
|---|---|---|---|---|
| 150000 | 250 | New | California Casualty | 407 |
| 150000 | 250 | New | Safeco | 504 |
| 150000 | 250 | New | Universal North America | 437 |
| 150000 | 500 | New | Homesite | 714 |
| 500000 | 1000 | New | IDS Property Casualty | 1212 |
| 500000 | 1000 | New | Oregon Mutual | 1102 |
| 500000 | 2500 | New | American Security | 1171 |
| 500000 | 2500 | New | Tokio Marine America | 743 |
| 750000 | 2500 | New | Farmers (Fire Ins) | 1408 |
| 750000 | 2500 | New | Unigard Group | 1890 |
| 150000 | 500 | 1-3 Years | USAA | 341 |
| 250000 | 1000 | 1-3 Years | Kemper | 623 |
| 300000 | 500 | 1-3 Years | Metropolitan Direct | 1237 |
| 300000 | 500 | 1-3 Years | QBE (Balboa) | 862 |
| 400000 | 1000 | 1-3 Years | Nationwide | 1029 |
| 500000 | 1000 | 1-3 Years | State Farm | 1288 |
| 750000 | 2500 | 1-3 Years | Stillwater Ins Co | 1305 |
| 250000 | 1000 | 4-6 Years | Kemper | 693 |
| 300000 | 500 | 4-6 Years | California Casualty | 992 |
| 200000 | 500 | 7-15 Years | Farmers (Fire Ins) | 1006 |
Palmdale, CA Home Insurance Costs With Deductible Scenario
| Low Deductible | High Deductible | |
|---|---|---|
| Deductible | $1,900 | $2,900 |
| Yearly Palmdale Homeowner Insurance Premium Example | $1,100 | $900 |
| Out of Pocket Expense During Claim | $1,900 | $2,900 |
| Total Home Insurance Premium for 8 years + Out of Pocket Expense for Claim | $10,700 | $10,100 |
| Net Savings to Palmdale Home Owner from High Deductible Plan | $600 | |
Palmdale, CA Home Insurance Costs With Home Replacement Value Scenarios
| Scenario | Palmdale, CA Home Replacement Value MORE than Home Value | Palmdale, CA Home Replacement Value LESS than Home Value |
|---|---|---|
| Replacement Value | $283,000 | $178,500 |
| Insurance Premium based on Replacement Value | $950 | $600 |
| Risk Exposure from Under Insuring Coverage | Unnecessary Home Insurance Coverage of $39,000 | Risk Exposure from Under Insuring Coverage is $65,500 |
| Premium Impact | Insurance cheaper by $200/year | Insurance costlier by $150/year |
Example Palmdale Homeowners Insurance Comparison Table to Compare The Cheapest Quotes
| Insurance Company | Farmers Insurance | Allstate | GEICO Insurance |
| Monthly Premium | 58 | 27 | 70 |
| Year Built | 2006 | 2012 | 1998 |
| Home Details | 3 Beds, 1 Baths | 4 Beds, 3 Baths | 5 Beds, 4 Baths |
| Coverage Amount | $200000-$250000 | $175000-$200000 | $400000-$500000 |
| Deductible | $500- $1000 Deductible | $5000 to $10,000 Deductible | $5000 to $10,000 Deductible |
Sample Home Insurance Rates for Palmdale, CA from Consumer Reviews & Surveys
| Year Built | Home Value | Roof Type | Sqft | Number of Bedrooms | Deductible | Premium | Premium Months | Siding Type | Smoker/Non Smoker |
|---|---|---|---|---|---|---|---|---|---|
| 2013 | 195,000 | Shingles Roof | 1,910 | 4 | $5000 to $10,000 Deductible | 190 | 7 | Stucco siding | yes |
| 1995 | 225,000 | Wood Shake Roof | 1,860 | 4 | $1000-$2500 Deductible | 610 | 12 | Wood siding | No |
| 1990 | 400,000 | Tile Roof | 3,260 | 4 | $1000-$2500 Deductible | 300 | 3 | Stone Siding | yes |
| 1961 | 180,000 | Composition Roof | 1,410 | 3 | $5000 to $10,000 Deductible | 190 | 6 | Stone Siding | yes |
| 1998 | 300,000 | Shingles Roof | 3,280 | 4 | > $10,000 Deductible | 40 | 1 | Vinyl siding | yes |
| 1968 | 365,000 | Metal Roof | 3,020 | 4 | $5000 to $10,000 Deductible | 60 | 1 | Stucco siding | No |
| 1961 | 385,000 | Wood Shake Roof | 3,430 | 5 | $2500-$5000 Deductible | 640 | 10 | Wood siding | No |
| 2005 | 245,000 | Tile Roof | 2,150 | 5 | $5000 to $10,000 Deductible | 190 | 6 | Wood siding | yes |
| 1962 | 490,000 | Membrane Roof | 4,100 | 5 | $500- $1000 Deductible | 230 | 2 | Fiber-Cement Siding | yes |
| 1961 | 285,000 | Membrane Roof | 3,370 | 4 | > $10,000 Deductible | 410 | 9 | Stucco siding | yes |
| 2001 | 190,000 | Membrane Roof | 2,020 | 5 | $1000-$2500 Deductible | 340 | 7 | Stucco siding | No |
| 2013 | 425,000 | Metal Roof | 4,860 | 5 | $500- $1000 Deductible | 1040 | 12 | Vinyl siding | No |
| 1962 | 265,000 | Metal Roof | 2,310 | 3 | > $10,000 Deductible | 320 | 9 | Stucco siding | yes |
| 2010 | 235,000 | Tile Roof | 2,100 | 4 | $500 Deductible | 280 | 6 | Vinyl siding | yes |
| 2011 | 215,000 | Membrane Roof | 2,210 | 4 | $2500-$5000 Deductible | 380 | 8 | Wood siding | No |
| 1968 | 185,000 | Wood Shake Roof | 1,650 | 4 | $500 Deductible | 250 | 7 | Fiber-Cement Siding | yes |
| 2014 | 230,000 | Metal Roof | 2,570 | 4 | $1000-$2500 Deductible | 510 | 10 | Wood siding | No |
| 2009 | 335,000 | Wood Shake Roof | 2,900 | 4 | $2500-$5000 Deductible | 630 | 8 | Stucco siding | No |
| 2004 | 220,000 | Membrane Roof | 2,270 | 3 | $500 Deductible | 40 | 1 | Brick siding | yes |
| 1960 | 300,000 | Shingles Roof | 2,810 | 5 | $500 Deductible | 660 | 8 | Stone Siding | No |
| 2012 | 190,000 | Asphalt Shingles Roof | 2,000 | 4 | $5000 to $10,000 Deductible | 100 | 5 | Fiber-Cement Siding | yes |
| 1968 | 205,000 | Asphalt Shingles Roof | 2,300 | 4 | $500- $1000 Deductible | 200 | 5 | Wood siding | No |
| 2008 | 185,000 | Metal Roof | 1,610 | 4 | $2500-$5000 Deductible | 230 | 6 | Stucco siding | No |
| 2013 | 235,000 | Asphalt Shingles Roof | 2,370 | 3 | $1000-$2500 Deductible | 420 | 8 | Wood siding | No |
| 2000 | 290,000 | Shingles Roof | 2,770 | 4 | $1000-$2500 Deductible | 520 | 12 | Vinyl siding | yes |
| 2011 | 205,000 | Wood Shake Roof | 1,870 | 3 | $500- $1000 Deductible | 560 | 12 | Brick siding | yes |
| 2011 | 275,000 | Metal Roof | 2,340 | 4 | $5000 to $10,000 Deductible | 310 | 6 | Fiber-Cement Siding | yes |
| 1962 | 195,000 | Slate Shingles Roof | 1,860 | 4 | $1000-$2500 Deductible | 200 | 5 | Brick siding | No |
| 1962 | 380,000 | Metal Roof | 3,340 | 4 | > $10,000 Deductible | 250 | 5 | Stone Siding | yes |
| 1953 | 500,000 | Composition Roof | 4,307 | 5 | $500 Deductible | 860 | 8 | Vinyl siding | No |
Latest Home Insurance Reviews
ProgressiveHad to make a claim due to a water leak that ruined the floor in the laundry room, back bathroom and kitchen. They wouldn't replace the water heater and fixing the pipes were on us, but they were fair.
State FarmI would recommend State Farm for their insurance needs because I have always received good customer service whenever I needed to call my State Farm representative.
Goosehead InsuranceWe will definitely keep working with our current insurance company. they're not what we're used to, but we are really liking this more streamlined business model.
Liberty MutualI would recommend this company. They have excellent Customer service and really know how to handle home insurance. They really value their customers
AllstateThe policy offerings are pretty good too. They are well articulated.
ProgressiveMy company provides me with a very good service until the moments I have not had problems and they always solve my problems I am very satisfied with them and I would not change my insurance company.
Amica Mutual InsuranceEvery year after my annual fee is charged, i receive a rebate. it always surprises me and it's really appreciated after just having paid the bill.
State FarmBilling practices can be difficult and they mail you several different pieces once you reinstate your policy. i have asked that these be sent via e-mail.
AllstateI like allstate because it has the best commercials on how to sell the product. the commercials are what turned me toward their service.
Farmer's InsuranceTo be absolutely honest, I could care less about my insurance company's website or app. The only thing that I need it to do is to be easy to pay my bill. It is, so all the other stuff they may be offering does not excite me one bit.
AllstateI have often gotten quotes from other companies and the amount that I am paying with All State is consistently lower than other insurance companies. I feel that since I have my policies bundled, I am paying a very fair price each year for my home coverage.
Farmer's InsuranceOverall the company has been easy to deal with and provided a great premium. I have not had to file a claim however so I am unsure as to how quick they would be to respond and how much they would actually cover.
Farmer's InsuranceI haven't had to communicate with them about my home owner's insurance since I signed up.
AllstateThe only thing I don't like is that when there's a phone call I have to wait for a long time in line
AllstateI like that we can have all of our policies together in one place and that we get a discount for that. They are customer oriented and friendly and helpful.
GeicoThe company is not so bad overall; it could be better in some ways but I accept the coverage as it is.
TravelersI am a happy customer. All the claims that I have had have been paid quickly. I feel the premiums are reasonable for the coverages that I get.
AllstateI am very happy with them. They are always very helpful and caring and know what they are doing.
TravelersEverything is accomplished on line, over the phone and via e-mail. No local offices for face to face conversations, resolutions.
GeicoI would recommend Geico insurance to other people because it is affordable. It's really good insurance that can satisfy most people needs without breaking your bank.
AllstateI feel like I am just another number in their system and my questions and concerns are not valued. I am new to insurance and a lot of the terms are confusing. I wish they did a better job of explaining and being detailed.
AllstateI would rate Allstate a 5 on the satisfaction scale because they are reasonably priced for the coverage they offer and I have had a positive experience with the claims department when I needed to file a claim.
Farmer's InsuranceMy only reasons for recommending this company are customer service and that they happen to be one of the most affordable options in my territory.
MercuryOverall I would say that Mercury has been a very good insurance company to have. I don't have many complaints and I have thankfully not had too many claims. Cheap insurance without being cut-rate service is great.
GeicoI like that is a very stable company that most likely you will not have problems with
AllstateAmazing customer service along with great communicative people that honestly becomes a joy to work with them.
Farmer's InsuranceCheaper prices would, of course, be nice, however, I don't have any dislikes to state at this time. We've never had to actually file a claim, so it's a little bit of a concern that they will actually follow through when needed, but they are reputable and have been in business for quite a while.
ProgressiveMy agent was available when I need him. He was willing to advise me and honest about each options.