Best & Cheapest Homeowners Insurance in Anaheim, CA For May, 2024
Allstate is acknowledged as the most affordable option for homeowners insurance in Anaheim, providing an average annual quote of $1,208.
After a thorough evaluation of home insurance providers in Anaheim, California, Allstate emerges as the most cost-effective option, with an average annual rate of $1,208. However, it’s essential to note that the best insurer for you may vary based on your specific circumstances and needs.
For instance, if your home is older, State Farm offers competitive rates of $1,346 per year with comprehensive coverage. On the other hand, for owners of newly constructed homes, State Farm provides the most affordable solution at $1,072 per year.
For individuals with a history of claims, Allstate offers an understanding option at $1,568 per year.
Lastly, for those with significant personal property requiring protection, Travelers is the top choice, offering extensive coverage at a reasonable rate of $1,465 per year.
Our comprehensive analysis at Insuranceopedia aims to help you find the perfect fit for your home insurance needs. Through customer ratings comparison, examination of personal experiences, and presentation of comparison charts, we provide all the necessary information to make an informed decision.
How much is homeowners insurance in Anaheim, CA?
Allstate provides the most affordable homeowners insurance option in Anaheim, with an average annual quote of $1,208.
The rates in Anaheim are a bit higher than the national average but are lower than the average rates for the state of California.
| Area | Average Monthly Rate |
| National | $1,820 |
| California | $2,008 |
| Anaheim | $1,896 |
It’s crucial to recognize that insurance rates aren’t uniform and can vary significantly based on several factors.
Cheapest Homeowners Insurance in Anaheim, CA, 2024
Our Methodology
To find the most cost-effective home insurance rates in Anaheim, we conducted research using data from various home insurance review websites. Some of these sources analyzed rates from public filings obtained through Quadrant Information Services. In our review, we averaged those rates. However, it's important to note that each company's rates can fluctuate regularly and depend on individual circumstances. Additionally, the overall rating also includes my subjective opinion, informed by fifteen years of experience as a licensed insurance agent and over three decades of procuring home insurance.
Quotes Analyzed
Years Of Industry Experience
Brands Reviewed
Research Hours
Cheapest homeowners insurance in Anaheim, CA
Allstate stands out as the most budget-friendly choice for homeowners insurance in Anaheim, CA, boasting an average annual rate of $1,208.
| Company | Annual Premium |
| Allstate | $1,208 |
| Travelers | $1,420 |
| State farm | $1,516 |
| Nationwide | $1,722 |
| Chubb | $3,342 |
The cost of your insurance policy is influenced by factors like location, home value, and claims history. Allstate offers a balanced combination of affordability and comprehensive coverage.
Cheapest Homeowners Insurance If You Have an Older Home
If you own an older home, State Farm emerges as the most economical option with an average annual rate of $1,346.
| Insurance Company | Average Annual Premium |
| State Farm | $1,346 |
| Farmers | $1,440 |
| Nationwide | $1,625 |
| AIG | $1,832 |
| Chubb | $2,150 |
Older homes often present distinctive risks and maintenance challenges that can increase insurance expenses. State Farm provides competitive rates and comprehensive coverage specifically designed to address the requirements of older homes.
Cheapest Homeowners Insurance for Newly Constructed Homes
For proud owners of newly constructed homes, State Farm stands out as the most budget-friendly choice, offering an average annual rate of $1,072.
| Insurance Company | Average Annual Premium |
| State Farm | $1,072 |
| Allstate | $1,104 |
| Nationwide | $1,299 |
| Farmers | $1,735 |
| Chubb | $2,962 |
Newly built homes often demand distinct coverage compared to older properties, and State Farm excels in delivering affordable policies customized to meet these specific needs.
Cheapest Home Insurance for a History of Claims
Homeowners with a history of claims can find an affordable solution with Allstate, featuring an average annual rate of $1,568.
| Insurance Company | Average Annual Premium |
| Allstate | $1,568 |
| Mercury | $1,862 |
| Farmers | $2,107 |
| Nationwide | $2,644 |
| Chubb | $2,960 |
Having a history of claims can indeed raise concerns for insurers, often leading to higher premiums. However, Allstate believes in giving second chances and offers reasonable rates for individuals with past claims.
Cheapest Home Insurance Rates for Lots of Personal Property
If you possess a substantial amount of personal property, Travelers provides the most economical option, with an average annual rate of $1,465.
| Insurance Company | Average Annual Premium |
| Travelers | $1,465 |
| State Farm | $1,573 |
| USAA | $1,720 |
| Nationwide | $2,146 |
| Farmers | $2,809 |
The greater the amount of personal property you own, the higher your coverage needs, potentially leading to increased premiums. Travelers offers comprehensive coverage at affordable rates, ensuring that all your belongings are sufficiently protected.
Best Homeowners Insurance Companies in Anaheim, CA
Selecting the right homeowners insurance isn’t just important; it’s a strategic choice. Anaheim boasts homes with diverse histories, reflecting its residents’ uniqueness. Hence, finding an insurance provider offering comprehensive coverage at competitive rates is crucial.
To simplify your decision-making, we’ve curated a list of the top homeowners insurance companies in Anaheim, CA. Our evaluation considers factors like annual premiums, coverage options, customer satisfaction ratings, and overall reliability. Explore our comparison chart below to discover the ideal match for your home insurance requirements.
| Company | Annual Premium |
| Allstate | $1,208 |
| Travelers | $1,420 |
| State farm | $1,516 |
| Nationwide | $1,722 |
| Chubb | $3,342 |
| AIG | $2,246 |
| Universal North America | $1,697 |
| Farmers | $2,534 |
Average Home Insurance Rates by Zip Codes
The price of homeowners insurance in Anaheim, CA can vary significantly depending on the zip code. Here, you’ll find tables displaying rates for various zip codes in Anaheim, as well as information on the five least expensive and most expensive zip codes in the region for annual home insurance premiums.
| ZIP Code | Average Insurance Premium (Annual) |
| 92804 | $870 |
| 92805 | $875 |
| 92802 | $869 |
| 92899 | $937 |
| 92809 | $945 |
| 92808 | $932 |
Cheapest Zip Codes
| ZIP Code | Average Insurance Premium (Annual) |
| 92804 | $870 |
| 92805 | $875 |
| 92802 | $869 |
Most Expensive Zip Codes
| ZIP Code | Average Insurance Premium (Annual) |
| 92899 | $937 |
| 92809 | $945 |
| 92808 | $932 |
Average Home Insurance Rates in Anaheim, CA by Deductible Amount
The deductible amount chosen for a homeowners insurance policy significantly affects the premium rates in Anaheim, CA. Here’s how the average home insurance rates fluctuate for different deductible amounts:
| Deductible Amount | Annual Rate |
| $500 | $960 |
| $1,000 | $840 |
| $1,500 | $802 |
| $2,000 | $724 |
| $5,000 | $596 |
Average Home Insurance Rates in Anaheim, CA By Coverage Amount
One critical factor impacting your premium is the dwelling coverage amount, representing the maximum sum your insurance company will reimburse for rebuilding or repairing your home in case of damage or destruction.
Now, let’s examine a comparison chart detailing the average annual homeowners insurance premiums associated with various dwelling coverage amounts.
| Dwelling Coverage Amount | Average Annual Premium |
| $200,000 | $615 |
| $250,000 | $819 |
| $300,000 | $848 |
| $350,000 | $1,247 |
| $400,000 | $1,454 |
Average Home Insurance Rates in Anaheim, CA by Company
Here’s a comparison table showcasing annual premiums from some of the top providers in Anaheim:
| Company | Annual Premium |
| Allstate | $1,208 |
| Travelers | $1,420 |
| State farm | $1,516 |
| Nationwide | $1,722 |
| Chubb | $3,342 |
| AIG | $2,246 |
| Universal North America | $1,697 |
| Farmers | $2,534 |
How Much is Homeowners Insurance for Other Cities in California?
Below is a comprehensive comparison chart highlighting the most affordable companies and their yearly premiums across different cities in California.
| City | Annual Premium |
| San Francisco | $2,084 |
| Oakland | $1,830 |
| Los Angeles | $2,613 |
| Riverside | $2,234 |
| San Diego | $1,736 |
Getting Online Homeowners Insurance Quotes in California
Insuranceopedia and similar platforms indeed make finding the right coverage much easier. With a few clicks, you can receive quick online quotes from reputable insurers, allowing you to compare rates effortlessly.
Simply input your information, and we’ll handle the rest by presenting you with customized options. This empowers you to confidently select a policy that provides the best value, effectively balancing cost and comprehensive coverage.
FAQs
Who has the cheapest home insurance in Anaheim, CA?
The cheapest home insurance in Anaheim, California, is provided by Allstate, with an annual premium of $1,208
What is the average cost of home insurance in Anaheim, CA?
The average cost of homeowners insurance in Anaheim, California, is approximately $1,896 per year.
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