Riverside ,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 Riverside, 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 Riverside, CA is $1329. Enter your zipcode below and click “GO” to get multiple free quotes.
It is important to understand the different coverage options available in Riverside, CA. VHome Insurance will help you navigate the world of homeowners insurance coverages in Riverside, CA.
| Coverage Level | Average Annual Premium |
|---|---|
| $100,000 | $532 |
| $200,000 | $904 |
| $300,000 | $1,116 |
| $400,000 | $1,701 |
| $500,000 | $2,140 |
Home insurance costs in Riverside 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 |
|---|---|
| 092506 | $1,284 |
| 92508 | $1,291 |
| 92507 | $1,260 |
| 92503 | $1,266 |
| 92505 | $1,262 |
| 92504 | $1,258 |
| 92501 | $1,251 |
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 Riverside, CA, and how to choose the right one for your needs.
| Deductible Level | Average Annual Premium |
|---|---|
| $500 Deductible | $1,363 |
| $1000 Deductible | $1,219 |
| $1500 Deductible | $1,150 |
| $2500 Deductible | $1,037 |
| $5000 Deductible | $877 |
| Home Insurance Company Near Riverside, CA | Homeowners Insurance Agency Near Riverside, CA | Address |
|---|---|---|
| State Farm | Eddie Quillares Jr | 415 N Broadway, Santa Ana, CA, 92701-4656 |
| Travelers | Friant Insurance Agency Inc | 23152 VERDUGO DRIVE SUITE A, LAGUNA HILLS, CA, 92653 |
| State Farm | Ken Latourette | 1032 Irvine Blvd, Tustin, CA, 92780-3527 |
| Travelers | Living Stone Ins Services Inc | 1930 S BREA CANYON RD 115, DIAMOND BAR, CA, 91765 |
| Farmers | Todd Dailey | 29930 Hunter Rd Ste 104, Murrieta, CA, 92563 |
| Place | 1 Car Bundle Savings On Insurance | 2 Car Bundle Savings On Insurance | 3 Car Bundle Savings On Insurance |
|---|---|---|---|
| Woodcrest CDP, California | $93 | $124 | $186 |
| Highgrove CDP, California | $91 | $121 | $182 |
| Grand Terrace city, California | $91 | $121 | $182 |
| Place | Home insurance as a % of housing cost for homes with mortgage | Home insurance as a % of housing cost for homes without mortgage |
|---|---|---|
| Riverside, CA | 2.7% | 12.2% |
| Woodcrest | 2.25% | 10.63% |
| Highgrove | 3.06% | 17.69% |
| Grand Terrace | 2.57% | 11.6% |
| Riverside Home By Monthly Rent | Total Homes | % of Total | Estimated Monthly Income To Afford Rented House Including Renters Insurance |
|---|---|---|---|
| $200 to $299 | 714 | 1.0% | $797 |
| $300 to $499 | 1,432 | 2.0% | $1247 |
| $500 to $749 | 3,694 | 7.0% | $1922 |
| $750 to $999 | 12,658 | 24.0% | $2672 |
| $1,000 to $1,499 | 21,443 | 40.0% | $3797 |
| $1,500 or more | 12,210 | 23.0% | $5447 |
| Streets in Riverside Area | Homeowners Insurance Cost |
|---|---|
| Saint James Dr, Strasbourg Dr, Hackamore Pl, Heron Ln, Rolanda Dr, Mt Wasatch Dr, Copper Hill Run, Mural Ct, Merrygrove Cir, Northhampton Dr | $591 |
| Shady Ridge Cir, Sovereign Way, Boulder Bluffs, Hyde Park Cir, Nemaha Ct, Sierra Mesa Cir, Dean Way, Ransom Pl, Teaberry Rd, Dalcross Ct | $593 |
| Caspian Way, Thornhill Dr, River Briar Ct, Rowena Dr, Freda Ave, Tinker St, Laurelbrook Dr, Corinthian Way, Torrey St, Chinotto Ln | $620 |
| Marley Dr, David Pl, Bedford Dr, Agatha Ln, Arnold Blvd, Quebec Dr, Hines Ave, Skye Dr, Wallingham Dr, Valley Glen Cir | $601 |
| Wimpole St, Ranchwood Pl, Hatten Ln, Bluntleaf Ct, Clifton Blvd, Hillcrest Ave, Melbourne Pl, Hide Out Ct, Sugarloaf Dr, Maybrook Cir | $594 |
| Falcon Crest Dr, Spring Rd, Newbridge Dr, Lewis Ave, Lilac Ct, Leafwood Dr, Graeber St, Penny Dr, Onyx Way, Canyon Hill Dr | $632 |
| City College Dr, Chestnut St, Attica Dr, Morningview Dr, Dartmouth Ave, Sterling Ave, Blake Rd, Melville Dr, Glennel Dr, Alta Mesa Dr | $620 |
| Martha Way, New Mexico Dr, Stacey Ave, Kingsbury Pl, Leucadia Ln, Marilyn St, E Cadena Dr, Katrina Ct, Cody Ct, Bernard St | $603 |
| Harbart Dr, Dawn View Cir, Madrid Ct, Black Oak Pl, Carmine St, Brentwood Ln, Rochester Pl, Pembridge Dr, McAllister St, Beal Ave | $599 |
| Cameron Dr, Roja St, Prosperity Ln, Via Mindi, Creekmoor Ln, Ann Arbor Ct, Juniper Cir, Running Deer Rd, Delgado Ct, Glenview Ter | $606 |
| Place | Savings For Senior Occupied Homes |
|---|---|
| Riverside | $90 to $92 |
| March ARB | $91 |
| Woodcrest | $93 |
| Moreno Valley | $89 |
| Coverage ($) | Deductible ($) | Age of home | Company | Average homeowners insurance premium ($) |
|---|---|---|---|---|
| 150000 | 500 | New | American Reliable | 451 |
| 250000 | 1000 | New | California Capital | 445 |
| 250000 | 1000 | New | Encompass | 665 |
| 250000 | 500 | New | Amco | 494 |
| 500000 | 1000 | New | American Reliable | 1176 |
| 500000 | 1000 | New | Farmers (Fire Ins) | 1157 |
| 500000 | 1000 | New | First American Ins | 905 |
| 750000 | 2500 | New | Century National | 1243 |
| 250000 | 1000 | 1-3 Years | American Security | 697 |
| 250000 | 500 | 1-3 Years | CSE Safeguard | 654 |
| 250000 | 500 | 1-3 Years | First American Ins | 605 |
| 250000 | 500 | 1-3 Years | Wawanesa | 658 |
| 250000 | 500 | 1-3 Years | Western Mutual/Residence | 553 |
| 300000 | 500 | 1-3 Years | Chubb/Federal | 1497 |
| 500000 | 1000 | 1-3 Years | American Security | 1382 |
| 500000 | 1000 | 1-3 Years | Tokio Marine America | 892 |
| 500000 | 2500 | 1-3 Years | Horace Mann | 941 |
| 150000 | 250 | 4-6 Years | Liberty Ins Corp | 589 |
| 150000 | 500 | 4-6 Years | Chubb/Federal | 867 |
| 250000 | 1000 | 4-6 Years | Amica Mutual | 697 |
| 250000 | 500 | 4-6 Years | QBE (Balboa) | 673 |
| 400000 | 1000 | 4-6 Years | Homesite | 1104 |
| 400000 | 1000 | 4-6 Years | Horace Mann | 1036 |
| Low Deductible | High Deductible | |
|---|---|---|
| Deductible | $1,000 | $2,000 |
| Yearly Riverside Homeowner Insurance Premium Example | $600 | $400 |
| Out of Pocket Expense During Claim | $1,000 | $2,000 |
| Total Home Insurance Premium for 8 years + Out of Pocket Expense for Claim | $5,800 | $5,200 |
| Net Savings to Riverside Home Owner from High Deductible Plan | $600 | |
| Scenario | Riverside, CA Home Replacement Value MORE than Home Value | Riverside, CA Home Replacement Value LESS than Home Value |
|---|---|---|
| Replacement Value | $299,000 | $205,500 |
| Insurance Premium based on Replacement Value | $775 | $525 |
| Risk Exposure from Under Insuring Coverage | Unnecessary Home Insurance Coverage of $28,000 | Risk Exposure from Under Insuring Coverage is $65,500 |
| Premium Impact | Insurance cheaper by $175/year | Insurance costlier by $75/year |
| Insurance Company | Travelers | Farmers Insurance | State Farm |
| Monthly Premium | 52 | 33 | 63 |
| Year Built | 1981 | 2001 | 1964 |
| Home Details | 3 Beds, 2 Baths | 5 Beds, 4 Baths | 4 Beds, 3 Baths |
| Coverage Amount | $200000-$250000 | $150000-$175000 | $300000-$350000 |
| Deductible | $1000-$2500 Deductible | $2500-$5000 Deductible | $5000 to $10,000 Deductible |