Santa Monica Insurance Rates:

Santa Monica, CA homeowners insurance is about $612 to $838, about $51-$69/month. Our all inclusive research indicates shoppers can save upto $290 by comparing many quotes. Enter your zipcode below and click “GO” to get multiple free quotes.

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Top Home Insurance Agents Near Santa Monica, CA

Home Insurance Company Near Santa Monica, CA	Homeowners Insurance Agency Near Santa Monica, CA	Address
State Farm	Eloisa Villarreal Sharp	1871 W La Habra Blvd, La Habra, CA, 90631-5131
Farmers	George Mori	6060 W Manchester Ave Ste 301, Los Angeles, CA, 90045
State Farm	Reggie Montgomery	11401 Carson Street, Lakewood, CA, 90715-2546
State Farm	Chris Gordon	5145 Calle Mayor, Torrance, CA, 90505-4456

Santa Monica, CA Home Insurance Agents for Top Companies

 

Santa Monica, 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
Marina del Rey CDP, California	$96	$128	$192
Los Angeles city, California	$96	$128	$192
Culver City city, California	$99	$132	$198

 

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Santa Monica, 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
Santa Monica, CA	1.7%	7.8%
Marina del Rey	1.52%	5.34%
Los Angeles	2.03%	9.35%
Culver City	2.09%	11.02%

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Santa Monica Renters Insurance as a Percentage of Rent

Santa Monica Home By Monthly Rent	Total Homes	% of Total	Estimated Monthly Income To Afford Rented House Including Renters Insurance
$200 to $299	847	2.0%	$732
$300 to $499	1,007	3.0%	$1182
$500 to $749	1,910	5.0%	$1857
$750 to $999	4,414	13.0%	$2607
$1,000 to $1,499	8,193	25.0%	$3732
$1,500 or more	16,154	49.0%	$5382

Average Cost Of Home Insurance By Company In Areas Nearby Santa Monica For Different Scenarios

Coverage ($)	Deductible ($)	Age of home	Company	Average homeowners insurance premium ($)
150000	500	New	Liberty Ins Corp	512
150000	500	New	Safeco	477
200000	500	New	Amica Mutual	676
250000	1000	New	Bankers Standard	2252
400000	1000	New	American Reliable	1172
400000	1000	New	California Capital	979
400000	1000	New	QBE (Balboa)	881
500000	2500	New	General Ins	584
750000	2500	New	AIG Prop Cas	2857
750000	2500	New	Kemper	994
750000	2500	New	Mercury Ins Group	750
150000	250	1-3 Years	American Modern	631
250000	1000	1-3 Years	Travelers	605
250000	500	1-3 Years	Mercury Ins Group	468
300000	500	1-3 Years	American Reliable	1004
400000	1000	1-3 Years	Stillwater Ins Co	939
500000	2500	1-3 Years	Integon/National	1080
500000	2500	1-3 Years	Kemper	788
750000	2500	1-3 Years	Oregon Mutual	1597
750000	2500	1-3 Years	Travelers	1394
250000	500	4-6 Years	QBE (Balboa)	901
400000	1000	4-6 Years	Homesite	1521
400000	1000	4-6 Years	Universal North America	839

 

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Santa Monica, CA Home Insurance Costs With Deductible Scenario

	Low Deductible	High Deductible
Deductible	$1,000	$4,000
Yearly Santa Monica Homeowner Insurance Premium Example	$3,200	$2,700
Out of Pocket Expense During Claim	$1,000	$4,000
Total Home Insurance Premium for 8 years + Out of Pocket Expense for Claim	$26,600	$25,600
Net Savings to Santa Monica Home Owner from High Deductible Plan		$1,000

 

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Santa Monica, CA Home Insurance Costs With Home Replacement Value Scenarios

Scenario	Santa Monica, CA Home Replacement Value MORE than Home Value	Santa Monica, CA Home Replacement Value LESS than Home Value
Replacement Value	$1,053,500	$679,500
Insurance Premium based on Replacement Value	$2,850	$1,825
Risk Exposure from Under Insuring Coverage	Unnecessary Home Insurance Coverage of $170,000	Risk Exposure from Under Insuring Coverage is $204,000
Premium Impact	Insurance cheaper by $550/year	Insurance costlier by $475/year