Santa Barbara ,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 Santa Barbara, 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 Santa Barbara, CA is $1472. Enter your zipcode below and click “GO” to get multiple free quotes.
It is important to understand the different coverage options available in Santa Barbara, CA. VHome Insurance will help you navigate the world of homeowners insurance coverages in Santa Barbara, CA.
| Coverage Level | Average Annual Premium |
|---|---|
| $100,000 | $589 |
| $200,000 | $1,001 |
| $300,000 | $1,236 |
| $400,000 | $1,884 |
| $500,000 | $2,370 |
Home insurance costs in Santa Barbara 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 |
|---|---|
| 093109 | $1,490 |
| 93103 | $1,423 |
| 93105 | $1,437 |
| 93111 | $1,388 |
| 93110 | $1,368 |
| 93101 | $1,375 |
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 Santa Barbara, CA, and how to choose the right one for your needs.
| Deductible Level | Average Annual Premium |
|---|---|
| $500 Deductible | $1,509 |
| $1000 Deductible | $1,350 |
| $1500 Deductible | $1,273 |
| $2500 Deductible | $1,148 |
| $5000 Deductible | $972 |
| Home Insurance Company Near Santa Barbara, CA | Homeowners Insurance Agency Near Santa Barbara, CA | Address |
|---|---|---|
| NA | Jones And Maulding Insurance Agency | 730 S B St, Suite 102, Oxnard, CA, 93030 |
| Travelers | Maulhardt Insurance Agency | 961 NORTH RICE AVENUE SUITE 1A, OXNARD, CA, 93030 |
| Allstate | Robert Willis | 2263 Las Positas Rd, Santa Barbara, CA, 93105 |
| State Farm | Tammy Dobrotin | 3015 State St Ste C, Santa Barbara, CA, 93105-3330 |
| Allstate | Ted Bustamante | 2263 Las Positas Rd, Santa Barbara, CA, 93105 |
| Place | 1 Car Bundle Savings On Insurance | 2 Car Bundle Savings On Insurance | 3 Car Bundle Savings On Insurance |
|---|---|---|---|
| Isla Vista CDP, California | $79 | $105 | $157 |
| Goleta city, California | $84 | $111 | $167 |
| Mission Canyon CDP, California | $90 | $120 | $180 |
| Place | Home insurance as a % of housing cost for homes with mortgage | Home insurance as a % of housing cost for homes without mortgage |
|---|---|---|
| Santa Barbara, CA | 2.0% | 10.5% |
| Isla Vista | 2.9% | 6.9% |
| Goleta | 2.3% | 12.08% |
| Mission Canyon | 1.7% | 8.1% |
| Santa Barbara Home By Monthly Rent | Total Homes | % of Total | Estimated Monthly Income To Afford Rented House Including Renters Insurance |
|---|---|---|---|
| $200 to $299 | 470 | 1.0% | $746 |
| $300 to $499 | 664 | 2.0% | $1196 |
| $500 to $749 | 1,368 | 4.0% | $1871 |
| $750 to $999 | 3,425 | 10.0% | $2621 |
| $1,000 to $1,499 | 10,553 | 31.0% | $3746 |
| $1,500 or more | 16,505 | 49.0% | $5396 |
| Streets in Santa Barbara Area | Homeowners Insurance Cost |
|---|---|
| Dover Hill Rd, Caleta Ave, Via Jero, Carosam Rd, Maple Ave, Loma Media Rd, Cameta Way, Clara Vista Ct, Carpinteria St, Parkhurst Dr | $None |
| Garden Ln, San Ysidro Rd, Canon Dr, Marbury Dr, el Rancho Rd, Via Campobello, Hitchcock Way, Ramitas Rd, Evening Song Ct, Mount Calvary Rd | $None |
| Lincolnwood Dr, de la Guerra Pl, Montrose Pl, Queen Ann Ln, Wakefield Rd, Arden Rd, W Islay St, Romaine Dr, Ver Leyenda, Cremona Dr | $681 |
| Santa Cruz Blvd, Gillespie St, Oak Grove Ln, Salisbury Ave, Wessex Ct, Marymount Dr, Saint James Dr, Newcastle Cir, Abigail Ln, Via Fiori | $685 |
| San Pascual St, Coleman Ave, Fairwood Ln, Eucalyptus Hill Cir, Aviano Pl, E Haley St, Lyric Ln, Alta Dr, W Pueblo St, Rockwood Dr | $None |
| E Canon Perdido St, Bradford Dr, Monte Dr, Oceano Ave, Seville Rd, E Cabrillo Blvd, Oak Tree Pl, Fellowship Ln, Via Encanto, Oak Park Ln | $None |
| la Plata, Anita Ln, Modena Way, Via Trepadora, Palm Ave, Rinconada Rd, Linda Rd, Sierra Madre Dr, Birch Walk, Ashdale St | $687 |
| Via Rosita, W Ortega St, Mandarin Dr, Tila Pl, Stonehouse Ln, Alta Vista Rd, Via Parva, Cam Galeana, Oak Ave, Kodiak Ave | $None |
| Vis Bahia, Kern Dr, Sweet Rain Pl, Hacienda Way, Embarcadero del Norte, Phelps Rd, Picacho Ln, Meadowbrook Dr, N Nopal St, S Los Carneros Rd | $None |
| Malva Ave, Robbins St, San Leandro Pl, Clark Rd, Woodleaf Ln, Yolo Ln, Pepperdine Ct, Carol Ave, Santa Catalina St, E Anapamu St | $694 |
| Place | Savings For Senior Occupied Homes |
|---|---|
| Santa Barbara | $104 to $107 |
| Isla Vista | $94 |
| Goleta | $100 |
| Mission Canyon | $108 |
| Coverage ($) | Deductible ($) | Age of home | Company | Average homeowners insurance premium ($) |
|---|---|---|---|---|
| 200000 | 500 | New | Encompass | 676 |
| 200000 | 500 | New | Farmers (Fire Ins) | 479 |
| 250000 | 1000 | New | Century National | 553 |
| 750000 | 2500 | New | General Ins | 401 |
| 750000 | 2500 | New | Hartford (Sentinel) | 915 |
| 750000 | 2500 | New | Horace Mann | 981 |
| 200000 | 500 | 1-3 Years | Hartford (Sentinel) | 438 |
| 200000 | 500 | 1-3 Years | Travelers | 375 |
| 300000 | 500 | 1-3 Years | USAA | 547 |
| 500000 | 1000 | 1-3 Years | MAPFRE Group | 887 |
| 500000 | 1000 | 1-3 Years | Safeco | 819 |
| 500000 | 1000 | 1-3 Years | Unigard Group | 1047 |
| 500000 | 2500 | 1-3 Years | Grange | 715 |
| 500000 | 2500 | 1-3 Years | Horace Mann | 627 |
| 500000 | 2500 | 1-3 Years | Privilege Underwriters Exch | 1279 |
| 750000 | 2500 | 1-3 Years | First American Ins | 948 |
| 500000 | 2500 | 4-6 Years | American Security | 983 |
| 750000 | 2500 | 4-6 Years | QBE (Balboa) | 967 |
| 250000 | 1000 | 7-15 Years | Liberty Ins Corp | 783 |
| 250000 | 1000 | 7-15 Years | QBE (Balboa) | 539 |
| 250000 | 500 | 7-15 Years | Amica Mutual | 765 |
| 400000 | 1000 | 7-15 Years | IDS Property Casualty | 904 |
| Low Deductible | High Deductible | |
|---|---|---|
| Deductible | $1,900 | $3,900 |
| Yearly Santa Barbara Homeowner Insurance Premium Example | $2,400 | $1,900 |
| Out of Pocket Expense During Claim | $1,900 | $3,900 |
| Total Home Insurance Premium for 6 years + Out of Pocket Expense for Claim | $16,300 | $15,300 |
| Net Savings to Santa Barbara Home Owner from High Deductible Plan | $1,000 | |
| Scenario | Santa Barbara, CA Home Replacement Value MORE than Home Value | Santa Barbara, CA Home Replacement Value LESS than Home Value |
|---|---|---|
| Replacement Value | $1,114,500 | $672,500 |
| Insurance Premium based on Replacement Value | $3,800 | $2,275 |
| Risk Exposure from Under Insuring Coverage | Unnecessary Home Insurance Coverage of $248,500 | Risk Exposure from Under Insuring Coverage is $193,500 |
| Premium Impact | Insurance cheaper by $675/year | Insurance costlier by $850/year |
| Insurance Company | GEICO Insurance | Amica Mutual Insurance Company | Nationwide Insurance |
| Monthly Premium | 236 | 162 | 235 |
| Year Built | 1974 | 1981 | 1992 |
| Home Details | 5 Beds, 1 Baths | 3 Beds, 1 Baths | 4 Beds, 3 Baths |
| Coverage Amount | More than 10000000 | $600000-$700000 | More than 10000000 |
| Deductible | $1000-$2500 Deductible | $500 Deductible | $500- $1000 Deductible |