Torrance ,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 Torrance, 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 Torrance, CA is $1431. Enter your zipcode below and click “GO” to get multiple free quotes.
It is important to understand the different coverage options available in Torrance, CA. VHome Insurance will help you navigate the world of homeowners insurance coverages in Torrance, CA.
| Coverage Level | Average Annual Premium |
|---|---|
| $100,000 | $572 |
| $200,000 | $973 |
| $300,000 | $1,202 |
| $400,000 | $1,832 |
| $500,000 | $2,304 |
Home insurance costs in Torrance 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 |
|---|---|
| 090505 | $1,377 |
| 90503 | $1,365 |
| 90504 | $1,331 |
| 90501 | $1,334 |
| 90502 | $1,288 |
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 Torrance, CA, and how to choose the right one for your needs.
| Deductible Level | Average Annual Premium |
|---|---|
| $500 Deductible | $1,467 |
| $1000 Deductible | $1,312 |
| $1500 Deductible | $1,238 |
| $2500 Deductible | $1,116 |
| $5000 Deductible | $944 |
| Home Insurance Company Near Torrance, CA | Homeowners Insurance Agency Near Torrance, CA | Address |
|---|---|---|
| State Farm | Carol Robinson | 2615 Pch Hwy Ste 221, Hermosa Beach, CA, 90254-2228 |
| State Farm | Elaine Lavine | 34080 Gldn Lantern St Ste 105, Dana Point, CA, 92629-2679 |
| Allstate | James Astorino | 3371 Glendale Blvd # 218, Los Angeles, CA, 90039 |
| Allstate | Jay Shah | 4747 W El Segundo Blvd Ste 201, Hawthorne, CA, 90250 |
| Travelers | Mark Insurance Services | 510 E FOOTHILL BLVD STE 105, SAN DIMAS, CA, 91773 |
| Place | 1 Car Bundle Savings On Insurance | 2 Car Bundle Savings On Insurance | 3 Car Bundle Savings On Insurance |
|---|---|---|---|
| Redondo Beach city, California | $102 | $136 | $204 |
| West Carson CDP, California | $94 | $125 | $188 |
| Lomita city, California | $96 | $128 | $192 |
| Place | Home insurance as a % of housing cost for homes with mortgage | Home insurance as a % of housing cost for homes without mortgage |
|---|---|---|
| Torrance, CA | 2.1% | 12.8% |
| Redondo Beach | 1.7% | 11.12% |
| West Carson | 2.5% | 12.44% |
| Lomita | 2.35% | 11.0% |
| Torrance Home By Monthly Rent | Total Homes | % of Total | Estimated Monthly Income To Afford Rented House Including Renters Insurance |
|---|---|---|---|
| $200 to $299 | 325 | 1.0% | $764 |
| $300 to $499 | 361 | 1.0% | $1214 |
| $500 to $749 | 837 | 3.0% | $1889 |
| $750 to $999 | 2,383 | 10.0% | $2639 |
| $1,000 to $1,499 | 9,702 | 41.0% | $3764 |
| $1,500 or more | 9,513 | 41.0% | $5414 |
| Streets in Torrance Area | Homeowners Insurance Cost |
|---|---|
| Woodbury Dr, Regina Ave, Cheryl Dr, Shadycroft Ave, Cll de Madrid, Galva Ave, Kingsdale Ave, Doris Way, 234th St, Talisman St | $649 |
| Via Estrellita, Kashiwa St, 232nd St, 190th St, Clarellen St, 175th Pl, Ermanita Ave, W 185th St, Cll de Andalucia, Pso de Las Tortugas | $714 |
| Henrietta St, Tiffany Ct, Dorman Ave, Huber Ave, Kathy Way, Warmside Ave, Via Colusa, Juniper Ave, Ogram Ave, W 228th Pl | $674 |
| Perkins Ave, Amie Ave, Asteria St, W 244th St, Pitcairn Way, Windmill Rd, Earl St, Redbeam Ave, Alix Ct, Shadycroft Ave | $673 |
| Roselle Ave, Gramercy Ave, Pso de la Playa, Cambridge Way, Adolph Ave, Donora Ave, Sonoma St, Brighton Way, Merrill St, Cam de la Costa | $692 |
| Leyte Dr, January Dr, Amie Ave, Carmelynn St, Cam de Las Colinas, Pso de Suenos, Eldorado St, Reynosa Dr, Cll de Felipe, W 170th St | $703 |
| W 236th St, Gerkin Ave, Romano Pl, Ferrocarril Ave, Via Valencia, Cravens Ave, W 236th St, 235th Pl, Via la Selva, Roslin Ave | $663 |
| Robinson Way, Pso de Gracia, Nancylee Ln, Darien St, W 181st St, Carellen St, Towers St, Toluca Ave, del Amo Center, Gramercy Ave | $704 |
| Eastwood Ct, Illinois Ct, Mullin Ave, Donora Ave, Whiffletree Ln, Deelane St, Via Buena Ventura, Leyte Dr, Portobello Dr, Cathann St | $647 |
| Bigelow Rd, Oakbay Rd, W 232nd St, el Prado Ave, Rockview Dr, Blair Way, Sonoma St, Mariner Ave, W 237th St, Evalyn Ave | $665 |
| Place | Savings For Senior Occupied Homes |
|---|---|
| Torrance | $99 to $102 |
| Redondo Beach | $102 |
| West Carson | $94 |
| Lomita | $96 |
| Coverage ($) | Deductible ($) | Age of home | Company | Average homeowners insurance premium ($) |
|---|---|---|---|---|
| 150000 | 250 | 4-6 Years | Unigard Group | 810 |
| 150000 | 250 | 7-15 Years | Chubb/Federal | 1767 |
| 150000 | 250 | 7-15 Years | MAPFRE Group | 722 |
| 150000 | 250 | 7-15 Years | Metropolitan Direct | 1126 |
| 150000 | 250 | 16-25 Years | American Modern | 738 |
| 150000 | 500 | 4-6 Years | Amica Mutual | 725 |
| 150000 | 500 | 7-15 Years | American Reliable | 798 |
| 150000 | 500 | 16-25 Years | General Ins | 411 |
| 150000 | 500 | 16-25 Years | Universal North America | 781 |
| 150000 | 500 | 26-40 Years | Kemper | 965 |
| 150000 | 500 | 41-70 Years | Bankers Standard | 3971 |
| 200000 | 500 | New | AIG Prop Cas | 1083 |
| 200000 | 500 | New | Universal North America | 460 |
| 200000 | 500 | 7-15 Years | IDS Property Casualty | 797 |
| 200000 | 500 | 26-40 Years | Mercury Ins Group | 534 |
| 200000 | 500 | 26-40 Years | Stillwater Prop & Cas Co | 776 |
| 200000 | 500 | 41-70 Years | California Casualty | 861 |
| 250000 | 1000 | 4-6 Years | First American Ins | 1039 |
| 250000 | 1000 | 4-6 Years | Pacific Specialty | 628 |
| 250000 | 1000 | 16-25 Years | MAPFRE Group | 901 |
| 250000 | 1000 | 16-25 Years | Metropolitan Direct | 1445 |
| 250000 | 1000 | 16-25 Years | Universal North America | 983 |
| Low Deductible | High Deductible | |
|---|---|---|
| Deductible | $1,300 | $4,300 |
| Yearly Torrance Homeowner Insurance Premium Example | $2,200 | $1,700 |
| Out of Pocket Expense During Claim | $1,300 | $4,300 |
| Total Home Insurance Premium for 7 years + Out of Pocket Expense for Claim | $16,700 | $16,200 |
| Net Savings to Torrance Home Owner from High Deductible Plan | $500 | |
| Scenario | Torrance, CA Home Replacement Value MORE than Home Value | Torrance, CA Home Replacement Value LESS than Home Value |
|---|---|---|
| Replacement Value | $971,000 | $566,500 |
| Insurance Premium based on Replacement Value | $3,400 | $1,975 |
| Risk Exposure from Under Insuring Coverage | Unnecessary Home Insurance Coverage of $242,500 | Risk Exposure from Under Insuring Coverage is $162,000 |
| Premium Impact | Insurance cheaper by $575/year | Insurance costlier by $850/year |
| Insurance Company | Amica Mutual Insurance Company | Allstate | Liberty Mutual |
| Monthly Premium | 156 | 63 | 127 |
| Year Built | 1960 | 1970 | 1984 |
| Home Details | 5 Beds, 4 Baths | 3 Beds, 1 Baths | 2 Beds, 1 Baths |
| Coverage Amount | More than 10000000 | $300000-$350000 | $500000-$600000 |
| Deductible | > $10,000 Deductible | $1000-$2500 Deductible | $500- $1000 Deductible |