San Jose, CA homeowners insurance is nearly $572 to $773, about $47-$64/month. Our all inclusive guide indicates shoppers can save as much as $268 by getting many quotes. Enter your zipcode below and click “GO” to get multiple free quotes.
With approximately 16,66,871 residents, San Jose is one of the most expensive markets in the U.S but still an excellent place to call home. On average, homeowners insurance in San Jose, CA, costs around $2252. The best way to afford a homeowners insurance policy in San Jose is to get quotes from as many insurance companies as possible.
But first of all, do you have homeowners insurance? Well, home insurance is an integral part of owning a home. It will be your contingency plan if any unwanted situation like theft, vandalism, or fire occurs. The cost of insurance is decided after scrutinizing certain factors, including the age of the home, materials used to construct your home, deductibles and coverage type, claim history, and security features.
VHome, through its research, has explored these factors in detail.
a. Cost of Insurance based on the deductibles
A deductible is a policyholder's money towards an insured loss. For instance, if a wind storm causes structural damage to your home, the homeowner policy will cover your repair cost minus your deductible.
Homeowners in San Jose typically choose to pay a deductible of 1500 and 2000, where the premium charged is $1895 and $1721, respectively. Homeowners who choose to pay a low deductible have to pay a higher premium. For instance, homeowners who opted for a deductible of 500 pay $2225 towards their insurance in San Jose.
b. Cost of Insurance based on the materials used
Materials used to build your home play a crucial role in determining the cost of insurance. For instance, homes constructed with hail-resistant roofs pay $2185, whereas homes built with damage-resistant materials like Masonry and Brick pay $2140 in San Jose.
c. Cost of Insurance based on the age of the home
To determine the cost of insurance, the age of the home is a matter of concern. On average, the older your home, the more premium you pay. This is because as homes age, so do the materials used to build your home. For instance, homes older than 40 and 50 years pay $2311 and 2338, respectively. On the other hand, newly built homes are less prone to damage, and home insurance companies offer considerable discounts to newly constructed homes. For instance, newly built homes in San Jose can avail of lower insurance of $1689.
In San Jose, CA, the cost of homeowners insurance is $786 per annum on average. This translates to about $47 to $64 per month. Vhome’s extended data analysis reveals that San Jose homeowners can save up to $268 by comparing quotes and choosing the cheapest home insurance company according to their needs.
State Farm
Homeowners using State Farm, pay an insurance rate of $4,410 on a policy coverage of $400,000-$500,000, provided, they choose to pay a deductible rate of $2000. State Farm offers discounts based on factors such as (but not limited to) the age of the home, home security, and claims history, all of which make it one of the cheapest home insurance providers in San Jose.
Allstate
For a house built in 1989, Allstate quoted an insurance rate of $2,532 on a policy coverage of $10,000,000, for a deductible rate of $1,000-$2,500. For homes located close to police departments and fire stations, the home insurance company lowers the insurance costs by as much as $55.
Horace Mann
Horace Mann quoted an insurance rate of $6,720 annually for a home built in 1991 on a policy coverage of $800,000-$900,000. Homeowners can reduce their insurance costs by paying a high deductible rate. Horace Mann provides discounts to homeowners who take multiple insurance policies with them.
Amica Mutual
Vhome’s analysis reveals that Amica Mutual charges $100 in home insurance rates for a deductible rate of $1,500 on a policy coverage ranging between $500,000 to $600,000. Amica Mutual provides discounts up to 15% on home insurance rates, provided, homeowners bundle their home insurance policy with auto insurance policy.
Allied Insurance
Allied Insurance is represented by its regional agents who work closely with homeowners to create a home insurance policy to cover homeowners’ needs at the cheapest insurance rates. Vhome’s analysis reveals that Allied Insurance charges $1,900 in insurance rates on a policy coverage of $500,000-$600,000.
San Jose, CA Home Value | Total Homes | % of Total | Average San Jose, CA Homeowners Insurance |
---|---|---|---|
Less than $50,000 | 6,300 | 10.0% | $20 |
$50,000 to $59,999 | 1,948 | 3.0% | $47 |
$60,000 to $69,999 | 1,523 | 2.0% | $60 |
$70,000 to $79,999 | 1,673 | 2.0% | $73 |
$80,000 to $89,999 | 1,704 | 2.0% | $80 |
$90,000 to $99,999 | 1,347 | 2.0% | $94 |
$100,000 to $124,999 | 2,420 | 3.0% | $107 |
$125,000 to $149,999 | 1,805 | 2.0% | $134 |
$150,000 to $174,999 | 2,524 | 4.0% | $161 |
$175,000 to $199,999 | 2,205 | 3.0% | $188 |
$200,000 to $249,999 | 6,036 | 9.0% | $228 |
$250,000 to $299,999 | 7,744 | 12.0% | $275 |
$300,000 to $399,999 | 25,668 | 40.0% | $356 |
Home Insurance Company Near San Jose, CA | Homeowners Insurance Agency Near San Jose, CA | Address |
---|---|---|
State Farm | Cathy Gran Cpcu | 1225 Solano Avenue, Albany, CA, 94706 |
State Farm | Holly Labarber | 2190 S Bascom Ave, Campbell, CA, 95008-3206 |
State Farm | Laureen Yungmeyer | 718 Water Street, Santa Cruz, CA, 95060-4117 |
Allstate | Melvin Bell | 3840 Railroad Ave, Pittsburg, CA, 94565 |
State Farm | Mike Soutas | 14120 Blossom Hill Rd, Los Gatos, CA, 95032-5118 |
Streets in San Jose Area | Homeowners Insurance Cost |
---|---|
Garrett Ct, Warrington Ave, Campus Dr E, Essex Ave, Monarch Ln, Puritani Way, Bello Ave, Claremont Ave, Masonwood St, Kenbrook Cir | $611 |
Wakefield Ter, Vista Creek Dr, Marlyn Way, Ljepava Dr, Kenyon Ct, Sandpebble Dr, Merz Ct, Irlanda Way, Friar Way, Big Sur Dr | $581 |
N 19th St, Sapa Ct, Kennedy Ct, Pamlar Ave, Chagall St, Rebecca Way, Ln B E, San Ramon Ave, Encanto Way, Garden Manor Ct | $646 |
Transport St, Napoli Loop, Autrey St, Hicks Rd, Adelong Way, Walter Hays Dr, Jasmine Cir, Gerald Zapelli Ct, Arroyo Dr, Live Oak Dr | $709 |
Filbert Way, Buchser Way, Rosswood Dr, Simberlan Dr, Winslow Dr, Drumm Ct, Fairorchard Ave, Blythe Ct, Castile Ct, Great Mall Pkwy | $689 |
Santa Ynez St, Ferndale Dr, Mirage Way, Queensbury Ave, Jill Ave, Sonora Ave, Yucca Ave, Loire Ct, Camille Ct, Quinnhill Rd | $649 |
Clarkspur Ln, Torrey Pines Cir, Four Oaks Cir, Malvern Ct, Ronco Dr, Merriman Rd, N Almaden Blvd, Alice Way, Spanishgate Ct, Kerryshire Ln | $723 |
N Bernardo Ave, N 30th St, Frederick Ave, Mendelsohn Ln, Hunter Way, Herchell Dr, Wool Creek Dr, el Monte Way, Thurston Ave, Parc Ln | $None |
Capurso Way, Ranchero Dr, Pearl Ave, Burke St, Sussex Park Ct, Morocco Dr, Redwood Cir, Nimrick Ln, Loma Verde Ave, Wessex Pl | $None |
Juliet Ave, Rice Dr, Ashbourne Dr, Barbara Ave, Olive Branch Ct, Fernbrook Ct, Thomas Dr, Greenridge Ter, Urshan Ct, Freedom Dr | $None |
Place | Savings For Senior Occupied Homes |
---|---|
San Jose | $100 to $102 |
Fruitdale | $99 |
Campbell | $100 |
Cambrian Park | $102 |
Place | 1 Car Bundle Savings On Insurance | 2 Car Bundle Savings On Insurance | 3 Car Bundle Savings On Insurance |
---|---|---|---|
Fruitdale CDP, California | $99 | $132 | $198 |
Campbell city, California | $101 | $134 | $201 |
Santa Clara city, California | $100 | $133 | $200 |
Place | Home insurance as a % of housing cost for homes with mortgage | Home insurance as a % of housing cost for homes without mortgage |
---|---|---|
San Jose, CA | 1.8% | 9.8% |
Fruitdale | 2.36% | 11.96% |
Campbell | 1.85% | 10.22% |
Santa Clara | 1.9% | 13.98% |
San Jose Home By Monthly Rent | Total Homes | % of Total | Estimated Monthly Income To Afford Rented House Including Renters Insurance |
---|---|---|---|
$200 to $299 | 4,203 | 1.0% | $761 |
$300 to $499 | 5,908 | 2.0% | $1211 |
$500 to $749 | 8,846 | 3.0% | $1886 |
$750 to $999 | 19,256 | 8.0% | $2636 |
$1,000 to $1,499 | 76,631 | 32.0% | $3761 |
$1,500 or more | 119,709 | 50.0% | $5411 |
Zip Code | Median Home Value | Median Homeowners Insurance |
---|---|---|
95120 | $926,700 | $720 |
95129 | $845,800 | $720 |
95135 | $747,200 | $700 |
95125 | $745,200 | $690 |
95113 | $736,800 | $710 |
95138 | $733,400 | $700 |
95130 | $684,500 | $700 |
95124 | $681,800 | $700 |
95117 | $637,400 | $680 |
95118 | $608,700 | $680 |
95148 | $605,200 | $670 |
95126 | $585,600 | $680 |
95128 | $577,300 | $660 |
95132 | $575,800 | $660 |
95139 | $542,200 | $670 |
95131 | $526,700 | $660 |
95136 | $523,800 | $660 |
95123 | $506,800 | $660 |
95119 | $505,800 | $650 |
95133 | $469,800 | $650 |
95121 | $457,100 | $650 |
95127 | $444,200 | $650 |
95112 | $433,500 | $640 |
95110 | $397,700 | $640 |
95122 | $352,500 | $630 |
95111 | $348,600 | $630 |
95116 | $340,800 | $630 |
95134 | $265,000 | $610 |
Coverage ($) | Deductible ($) | Age of home | Company | Average homeowners insurance premium ($) |
---|---|---|---|---|
400000 | 1000 | New | American Modern | 1219 |
400000 | 1000 | New | Pacific Specialty | 654 |
500000 | 1000 | New | Tokio Marine America | 407 |
500000 | 1000 | New | Unigard Group | 899 |
500000 | 2500 | New | AIG Prop Cas | 1375 |
500000 | 2500 | New | Century National | 835 |
750000 | 2500 | New | Hartford (Sentinel) | 903 |
750000 | 2500 | New | Nationwide | 1080 |
150000 | 500 | 1-3 Years | Hartford (Sentinel) | 378 |
300000 | 500 | 1-3 Years | Pacific Specialty | 606 |
300000 | 500 | 1-3 Years | Unigard Group | 743 |
500000 | 2500 | 1-3 Years | QBE (Balboa) | 748 |
500000 | 2500 | 1-3 Years | Stillwater Ins Co | 592 |
200000 | 500 | 4-6 Years | AAA (Interinsurance Exchange) | 550 |
200000 | 500 | 4-6 Years | Hartford (Sentinel) | 478 |
200000 | 500 | 4-6 Years | Mercury Ins Group | 312 |
200000 | 500 | 4-6 Years | QBE (Balboa) | 588 |
250000 | 1000 | 4-6 Years | Travelers | 410 |
300000 | 500 | 4-6 Years | Horace Mann P & C | 838 |
400000 | 1000 | 4-6 Years | American Reliable | 1029 |
400000 | 1000 | 4-6 Years | Bankers Standard | 1885 |
Low Deductible | High Deductible | |
---|---|---|
Deductible | $1,600 | $3,600 |
Yearly San Jose Homeowner Insurance Premium Example | $1,500 | $1,000 |
Out of Pocket Expense During Claim | $1,600 | $3,600 |
Total Home Insurance Premium for 7 years + Out of Pocket Expense for Claim | $12,100 | $10,600 |
Net Savings to San Jose Home Owner from High Deductible Plan | $1,500 |
Scenario | San Jose, CA Home Replacement Value MORE than Home Value | San Jose, CA Home Replacement Value LESS than Home Value |
---|---|---|
Replacement Value | $1,190,000 | $850,000 |
Insurance Premium based on Replacement Value | $3,450 | $2,475 |
Risk Exposure from Under Insuring Coverage | Unnecessary Home Insurance Coverage of $150,000 | Risk Exposure from Under Insuring Coverage is $190,000 |
Premium Impact | Insurance cheaper by $550/year | Insurance costlier by $425/year |
Insurance Company | Allstate | State Farm | Travelers |
Monthly Premium | 211 | 112 | 105 |
Year Built | 1989 | 1991 | 1973 |
Home Details | 4 Beds, 2 Baths | 3 Beds, 1 Baths | 5 Beds, 1 Baths |
Coverage Amount | More than 10000000 | $600000-$700000 | $800000-$900000 |
Deductible | $1000-$2500 Deductible | $5000 to $10,000 Deductible | $5000 to $10,000 Deductible |
Year Built | Home Value | Roof Type | Sqft | Number of Bedrooms | Deductible | Premium | Premium Months | Siding Type | Smoker/Non Smoker |
---|---|---|---|---|---|---|---|---|---|
1968 | 560,000 | Asphalt Shingles Roof | 2,020 | 3 | $1000-$2500 Deductible | 350 | 3 | Stone Siding | No |
1961 | 475,000 | Metal Roof | 1,710 | 2 | $5000 to $10,000 Deductible | 690 | 7 | Brick siding | No |
1985 | 580,000 | Asphalt Shingles Roof | 1,670 | 5 | $1000-$2500 Deductible | 760 | 5 | Stone Siding | yes |
1989 | 675,000 | Metal Roof | 2,490 | 5 | $5000 to $10,000 Deductible | 790 | 7 | Stucco siding | No |
1961 | 990,000 | Metal Roof | 3,320 | 4 | $5000 to $10,000 Deductible | 1540 | 9 | Fiber-Cement Siding | yes |
1977 | 325,000 | Shingles Roof | 1,250 | 3 | $500 Deductible | 1270 | 12 | Brick siding | No |
1977 | 345,000 | Slate Shingles Roof | 1,330 | 3 | $500- $1000 Deductible | 570 | 6 | Wood siding | No |
1974 | 820,000 | Membrane Roof | 2,430 | 4 | $2500-$5000 Deductible | 1170 | 8 | Fiber-Cement Siding | yes |
1963 | 1,070,000 | Membrane Roof | 3,140 | 4 | $5000 to $10,000 Deductible | 1930 | 12 | Wood siding | yes |
1992 | 575,000 | Tile Roof | 1,560 | 2 | $5000 to $10,000 Deductible | 670 | 7 | Fiber-Cement Siding | No |
1983 | 665,000 | Composition Roof | 2,400 | 4 | $500 Deductible | 310 | 2 | Fiber-Cement Siding | yes |
1966 | 795,000 | Shingles Roof | 3,210 | 4 | $1000-$2500 Deductible | 330 | 2 | Stone Siding | No |
1994 | 310,000 | Slate Shingles Roof | 960 | 2 | > $10,000 Deductible | 410 | 10 | Fiber-Cement Siding | yes |
1960 | 1,245,000 | Tile Roof | 4,270 | 5 | $500 Deductible | 480 | 2 | Wood siding | No |
1987 | 1,250,000 | Asphalt Shingles Roof | 4,260 | 5 | $500 Deductible | 2200 | 8 | Stucco siding | yes |
1974 | 1,525,000 | Wood Shake Roof | 4,270 | 5 | $5000 to $10,000 Deductible | 560 | 4 | Stucco siding | yes |
1984 | 610,000 | Membrane Roof | 2,460 | 4 | $2500-$5000 Deductible | 480 | 5 | Stucco siding | No |
1972 | 400,000 | Asphalt Shingles Roof | 1,640 | 2 | > $10,000 Deductible | 830 | 12 | Fiber-Cement Siding | No |
1965 | 440,000 | Asphalt Shingles Roof | 1,790 | 5 | $1000-$2500 Deductible | 90 | 1 | Stucco siding | No |
1991 | 840,000 | Wood Shake Roof | 2,360 | 3 | $500- $1000 Deductible | 2060 | 10 | Wood siding | yes |
1973 | 495,000 | Asphalt Shingles Roof | 1,510 | 2 | $500- $1000 Deductible | 950 | 10 | Wood siding | No |
1997 | 465,000 | Membrane Roof | 1,700 | 4 | $2500-$5000 Deductible | 780 | 9 | Stone Siding | No |
1997 | 370,000 | Slate Shingles Roof | 1,500 | 5 | $2500-$5000 Deductible | 350 | 5 | Stone Siding | yes |
1980 | 655,000 | Asphalt Shingles Roof | 2,220 | 3 | $5000 to $10,000 Deductible | 1010 | 9 | Wood siding | No |
1962 | 405,000 | Composition Roof | 1,170 | 2 | $2500-$5000 Deductible | 570 | 8 | Wood siding | No |
1994 | 1,130,000 | Slate Shingles Roof | 3,960 | 5 | $2500-$5000 Deductible | 670 | 3 | Wood siding | yes |
1968 | 375,000 | Metal Roof | 1,410 | 2 | $2500-$5000 Deductible | 220 | 3 | Stone Siding | No |
1966 | 590,000 | Membrane Roof | 1,950 | 4 | $2500-$5000 Deductible | 1000 | 12 | Stone Siding | yes |
1990 | 575,000 | Composition Roof | 1,740 | 2 | $5000 to $10,000 Deductible | 850 | 10 | Stone Siding | yes |
1953 | 660,000 | Slate Shingles Roof | 1,868 | 3 | $2500-$5000 Deductible | 1490 | 9 | Fiber-Cement Siding | No |