Riverside, CA Home Insurance - Analysis On Quotes, Rates & Agents
Riverside Insurance Rates:
Riverside, CA homeowners insurance is about $515 to $695, about $42-$57/month. Our exhaustive research indicates shoppers can save upto $242 by comparing many quotes. Enter your zipcode below and click “GO” to get multiple free quotes.
Best Homeowners Insurance in Riverside, CA
The average cost of homeowners insurance in Riverside, CA, is $795. Homeowners insurance in Riverside will protect you in the event of a disaster, theft, or during any other unexpected situation. It is a great way to protect your family and your most valuable assets. Homeowners insurance in Riverside, CA, will cover the cost of repairs and damages, even if a member is injured on your covered property.
Factors like the type of construction, age of home, your area of residence, and the amount of coverage can affect your home insurance rates in Riverside, CA. For example, the location of your house. It plays a crucial part in determining the cost of your home insurance in Riverside, California. If you live in a high–risk area where crime rates are high, insurance providers will charge high premiums as the potential risks of threats and damage is severe. In order to reduce the risks, homeowners can install safety features to get discounts on home insurance in Riverside, CA.
Here are a few tips which can help you get a discount on home owner insurance in Riverside, CA.
a. By choosing a higher deductible
Home insurance deductibles are the amount you pay out of pocket towards a claim. Therefore, the higher your deductible, the lower premiums you pay towards your home insurance in Riverside, CA. For example, homeowners paying a deductible of 500 and 1500 pay a premium of $785.46 and $668.91 on homeowners insurance in Riverside, CA. In contrast, homeowners paying a deductible of 2000 and 2500 pay $607.22 and $570.81, respectively.
b. By installing security features
Security features can get you substantial discounts on home insurance in Riverside as it decreases the chances of damage, theft, fire, or burglary. For example, burglars know to break into the security system, but the chances of burglary or theft will decrease by installing deadbolts at home. These locks will prevent most people from kicking in your door, and they might even slow burglars down, which is very risky for them. Homes equipped with deadbolts pay $707.55 on homeowners insurance in Riverside, CA.
c. By maintaining a zero claims history
It might be highly irresistible to file a claim if your home is suffering minor damages. However, it may not be worth the trouble since your insurer might increase the home insurance rates. Instead, homeowners can consider paying out of their pockets for nominal damages. This way, homeowners can save themselves from facing high premiums and keep the claim for a significant repair or damage to the home. For example, homeowners in Riverside, CA, with zero claims history, have to pay a premium of $683.7. In contrast, homeowners with one or two claims have to pay $858.6 and $898.35 on homeowners insurance in Riverside, CA.
Riverside, CA, Tips For Choosing The Best Home Insurance Company
In Riverside, California, the average cost of home insurance is $795. Riverside homeowners can identify the cheapest home insurance provider by comparing quotes from multiple insurance companies. Below are some of the factors that Riverside homeowners should keep in mind before choosing the best home insurance company.
A.M. Best Rating
Financial strength is referred to as the capacity of an insurance company to grant claims of current policyholders. Riverside homeowners are suggested to opt for home insurance companies with high financial strength ratings. A.M. Best rates home insurance companies based on their financial strength. Riverside homeowners can use these ratings to identify home insurance companies with high financial capacity.
J.D. Power Score
J.D. Power awards ratings to home insurance companies based on the feedback collected from current policyholders. The customer satisfaction score of an insurance company is calculated using policy coverage, insurance rates, discounts, customer handling, and the speed at which a claim is processed. Riverside homeowners can use the J.D. Power Score to choose insurance companies that ensure the satisfaction of policyholders.
Comparing Quotes
Home insurance companies use different parameters to calculate home insurance rates. Home insurance quotes differ from one insurance company to another. Riverside homeowners should receive quotes from multiple home insurance companies to choose the cheapest one. Homeowners should also consider the add-on policies offered by home insurance companies, in addition to the standard home insurance policy.
Deductibles vs. Insurance Rates
Riverside homeowners can opt for high deductibles to reduce their home insurance rates. The deductibles and the corresponding reduction in home insurance rates differ from one home insurance company to another. Riverside homeowners are suggested to choose the home insurance company that offers the highest discount for their deductibles. For example, Riverside homeowners opting for a deductible of $2,500 and $2,000 pay $570 and $607, respectively.
Claims Processing Speed
Home insurance companies should be swift in processing the claims of homeowners. Homeowners are generally given a time period of 10 to 30 days to file a claim in case of damages. Once submitted, home insurance companies take a maximum of 40 days to review the claim and accept or deny it. Riverside homeowners are suggested to choose home insurance companies that have a simple and swift claims processing system.
Riverside, CA Homeowners Insurance By Home Value
| Riverside, CA Home Value | Total Homes | % of Total | Average Riverside, CA Homeowners Insurance |
|---|---|---|---|
| Less than $50,000 | 2,719 | 4.0% | $60 |
| $80,000 to $89,999 | 731 | 1.0% | $211 |
| $90,000 to $99,999 | 887 | 1.0% | $242 |
| $100,000 to $124,999 | 4,322 | 6.0% | $278 |
| $125,000 to $149,999 | 4,982 | 7.0% | $350 |
| $150,000 to $174,999 | 8,314 | 12.0% | $411 |
| $175,000 to $199,999 | 6,112 | 9.0% | $477 |
| $200,000 to $249,999 | 12,880 | 19.0% | $574 |
| $250,000 to $299,999 | 9,535 | 14.0% | $701 |
| $300,000 to $399,999 | 14,494 | 21.0% | $889 |
Top Home Insurance Agents Near Riverside, CA
| 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 |
Riverside, CA Home Insurance Agents for Top Companies
Cost Of Homeowners Insurance By Street Near Riverside, CA
| 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 |
Riverside, CA Home Insurance Savings For Senior Occupied Homes
| Place | Savings For Senior Occupied Homes |
|---|---|
| Riverside | $90 to $92 |
| March ARB | $91 |
| Woodcrest | $93 |
| Moreno Valley | $89 |
Riverside, 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 |
|---|---|---|---|
| Woodcrest CDP, California | $93 | $124 | $186 |
| Highgrove CDP, California | $91 | $121 | $182 |
| Grand Terrace city, California | $91 | $121 | $182 |
Riverside, 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 |
|---|---|---|
| Riverside, CA | 2.7% | 12.2% |
| Woodcrest | 2.25% | 10.63% |
| Highgrove | 3.06% | 17.69% |
| Grand Terrace | 2.57% | 11.6% |
Riverside Renters Insurance as a Percentage of Rent
| 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% | $5447 |
Average Cost Of Home Insurance By Company In Areas Nearby Riverside For Different Scenarios
| Coverage ($) | 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 |
Riverside, CA Home Insurance Costs With Deductible Scenario
| 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 | |
Riverside, CA Home Insurance Costs With Home Replacement Value Scenarios
| 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 |
Example Riverside Homeowners Insurance Comparison Table to Compare The Cheapest Quotes
| 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 |
Sample Home Insurance Rates for Riverside, CA from Consumer Reviews & Surveys
| Year Built | Home Value | Roof Type | Sqft | Number of Bedrooms | Deductible | Premium | Premium Months | Siding Type | Smoker/Non Smoker |
|---|---|---|---|---|---|---|---|---|---|
| 1973 | 215,000 | Metal Roof | 1,670 | 4 | $500 Deductible | 540 | 10 | Stucco siding | yes |
| 1967 | 145,000 | Asphalt Shingles Roof | 1,240 | 3 | $500- $1000 Deductible | 160 | 5 | Vinyl siding | No |
| 2014 | 290,000 | Shingles Roof | 2,080 | 4 | $5000 to $10,000 Deductible | 40 | 1 | Stone Siding | yes |
| 2004 | 545,000 | Metal Roof | 4,440 | 5 | > $10,000 Deductible | 310 | 4 | Stucco siding | No |
| 2014 | 280,000 | Tile Roof | 2,250 | 4 | $500 Deductible | 90 | 1 | Stucco siding | yes |
| 1977 | 145,000 | Wood Shake Roof | 1,280 | 3 | $1000-$2500 Deductible | 240 | 9 | Wood siding | No |
| 1960 | 100,000 | Membrane Roof | 980 | 2 | $500- $1000 Deductible | 260 | 12 | Brick siding | yes |
| 2007 | 190,000 | Asphalt Shingles Roof | 1,240 | 3 | $1000-$2500 Deductible | 250 | 6 | Brick siding | No |
| 2014 | 415,000 | Asphalt Shingles Roof | 3,810 | 5 | $500- $1000 Deductible | 440 | 6 | Brick siding | No |
| 1963 | 615,000 | Shingles Roof | 4,510 | 5 | $1000-$2500 Deductible | 430 | 6 | Vinyl siding | yes |
| 1999 | 220,000 | Asphalt Shingles Roof | 2,080 | 4 | $500 Deductible | 320 | 6 | Wood siding | No |
| 2011 | 200,000 | Tile Roof | 1,840 | 4 | $500- $1000 Deductible | 180 | 4 | Fiber-Cement Siding | No |
| 1980 | 355,000 | Asphalt Shingles Roof | 3,180 | 4 | $5000 to $10,000 Deductible | 600 | 9 | Stone Siding | No |
| 1967 | 395,000 | Wood Shake Roof | 2,750 | 4 | > $10,000 Deductible | 460 | 8 | Stucco siding | No |
| 1962 | 180,000 | Composition Roof | 1,490 | 2 | $1000-$2500 Deductible | 350 | 12 | Wood siding | yes |
| 1975 | 255,000 | Wood Shake Roof | 1,990 | 3 | $1000-$2500 Deductible | 340 | 7 | Stucco siding | yes |
| 1987 | 290,000 | Membrane Roof | 2,710 | 5 | > $10,000 Deductible | 310 | 10 | Wood siding | No |
| 1984 | 220,000 | Tile Roof | 1,730 | 2 | > $10,000 Deductible | 170 | 7 | Stucco siding | yes |
| 1973 | 195,000 | Slate Shingles Roof | 1,790 | 2 | $5000 to $10,000 Deductible | 30 | 1 | Stone Siding | yes |
| 1965 | 320,000 | Membrane Roof | 3,040 | 4 | $500- $1000 Deductible | 530 | 6 | Vinyl siding | No |
| 2014 | 185,000 | Membrane Roof | 1,690 | 2 | $500- $1000 Deductible | 190 | 4 | Stucco siding | yes |
| 1994 | 170,000 | Wood Shake Roof | 1,390 | 2 | $1000-$2500 Deductible | 130 | 3 | Stucco siding | yes |
| 2008 | 115,000 | Membrane Roof | 960 | 2 | $500 Deductible | 210 | 6 | Stucco siding | No |
| 1992 | 220,000 | Composition Roof | 1,680 | 3 | $500- $1000 Deductible | 150 | 3 | Wood siding | yes |
| 1960 | 150,000 | Shingles Roof | 1,020 | 2 | $500 Deductible | 180 | 5 | Stucco siding | No |
| 1967 | 340,000 | Composition Roof | 2,260 | 4 | $500- $1000 Deductible | 570 | 9 | Vinyl siding | yes |
| 1990 | 240,000 | Membrane Roof | 1,900 | 3 | $500- $1000 Deductible | 490 | 10 | Vinyl siding | No |
| 1984 | 135,000 | Membrane Roof | 1,270 | 3 | $1000-$2500 Deductible | 180 | 9 | Fiber-Cement Siding | No |
| 2014 | 615,000 | Slate Shingles Roof | 4,920 | 5 | $500- $1000 Deductible | 770 | 5 | Stone Siding | No |
| 2012 | 310,000 | Wood Shake Roof | 2,630 | 4 | > $10,000 Deductible | 490 | 9 | Stucco siding | No |
| 1972 | 265,000 | Membrane Roof | 1,498 | 3 | $1000-$2500 Deductible | 850 | 12 | Stone Siding | yes |
Latest Home Insurance Reviews
AllstateI would gladly recommend Allstate to everyone for their home insurance choice because of the manageable costs, ease of use, and overall coverage options.
AllstateAllstate is probably no worse or better than the other major home insurance companies. They will limit the amount they pay on claims while increasing the premiums and deductibles you pay each year.
GeicoIt is cheap compared to other insurance companies. It easy and convenient to add or remove specific items. I did not see that they offer bundles that can make me save on other insurance with the same company
AllstateOverall the experience has been especially related to customer service. Allstate is very resourceful and there online features help save a lot of time and effort.
NationwideI've been using nationwide since i first bought my house and they have been great. They have great customer service and their deductible program is similar to all of the other major companies. I would definitely recommend them.
Progressivemy premium and deductible are much lower with more or less the same coverage as the other quotes i had
TravelersI will say the policy offerings are a 5. They have given me better coverage than my last company and saved me 20 a month.
State FarmThe premium and deductible are pretty standard as well. Once again I went with them because a family member suggested that I do so. It wasn't because they offered anything special.
Allstate3 is what I rate Allstate. They have had decent customer service in the sense that I can get ahold of them whenever, but they're sneaky with policies and hid some stuff from me that I needed to clear up prior.
AllstateI would recommend my insurance company to anyone that needs insurance in smaller amounts instead of large amounts. My company works with the customers and base off of the customers needs.
NationwideI like that there is always someone to talk to 24 hours a day. i never have to wait and wonder about my questions.
State FarmJust it a little bad, when i buy the insurance for the second time, the cost went up, i didn't like it.
GeicoOverall, I love the price of my Geico Home Insurance policy; it's typically at least 30% cheaper than what I've been offered by other companies. I'm not entirely fond of Geico's billing practices.
Old Republic Home ProtectionOne thing that i liked about my home warranty was that it was pretty much all inclusive(mostly). i had the top of the line home warranty plan and it covered a lot of items that would normally cost a lot of money, however, the company had provided with reasonable price to me
GeicoMost of the time customer service is fairly pleasant, but occasionally there's a ridiculously high call volume and once you do finally speak with a human they aren't the nicest
Farmer's InsuranceI feel like my premium is a little high given that my house is only covered for $100,000. Also, my coverage includes a $1,000 deductible so a lot of minor damages are my responsibility.
TravelersThe insurance company is easy to reach. The customer service is easy to reach. The premium is fine. The coverage is adequate. My interaction with them during the claim I made was very good.
State FarmThe website allows me to pay and see payment history. I don't use any app.
Safeco InsuranceSo far I have not had any experiences which have lead me to dislike the company.
GeicoThe service provided by the insurance is good. Able to do all the required things that I need to do for insurance. So far so good.
AllstateI am satisfied overall because the price is reasonable, the premium is reasonable, the customer service is good, their website is decent. There is very little to complain about. Of course, I have not had to submit a claim yet and you could argue that this would be a true test of their worth.
AllstateNever filed a claim but one time a car crashed in my fence and was taken care of within 5 days!
State FarmI like the hands-off approach and appreciate that they are not bothering me all of the time like other companies have. They are there when I need them but otherwise stay in the background
State FarmI just wish rates were better at times. We pay almost $400 per month for our insurance and it's expensive at times. I know insurance is expensive so it is what it is.
State FarmI dislike that I have my homeowners deductible level changed without my knowledge. I know I can change it back, but there is an inertia that has kept me from doing it so far.
Farmer's InsuranceI completely recommend Farmers to all of my friends and family because of the great deals I was offered and how nice everyone was to me when getting it set up for my first home.
Allstatei think they are all pretty much the same thing. At least in south florida they are not worth it
Farmer's InsuranceI got the basic coverage but I now have some of my property inside also insured, whereas before nothing was insured.
National GeneralI like everything about my insurance company since it is efficient and responsible, I like its operation and I like its employees
AllstateI'm very much satisfied with the home insurance I've from All-State. They are much reliable.
The HartfordThe company website is often a little difficult to navigate, so we prefer to speak with them on the phone. Our premiums are also a little higher than we would like. That could be explained by the assumed risk we have by living near a floodplain, but still a little more expensive than we'd like.