Best & Cheapest Homeowners Insurance in Fremont, CA For May, 2024
Allstate provides the most budget-friendly homeowners insurance in Fremont, with an average yearly cost of $1,136.
In our detailed evaluation of home insurance options in Fremont, California, Allstate stands out as the most economical choice, with an average yearly premium of $1,136. However, it’s important to acknowledge that the best insurer for you may vary depending on your individual circumstances and needs.
For example, if you own an older home, State Farm offers competitive rates at $1,307 annually, coupled with comprehensive coverage. Conversely, for owners of newly constructed homes, Allstate provides the most cost-effective solution at $844 per year.
If you have a history of filing claims, USAA remains an affordable and accommodating option at $1,562 per year.
Furthermore, if you possess a significant amount of personal property needing protection, Universal North America emerges as the preferred choice, offering extensive coverage at a reasonable rate of $1,246 per year.
At Insuranceopedia, our comprehensive analysis aims to assist you in finding the ideal home insurance coverage. By comparing customer ratings, evaluating personal experiences, and providing comparison charts, we provide all the necessary information to help you make a well-informed decision.
How much is homeowners insurance in Fremont, CA?
Allstate offers the most affordable homeowners insurance rate in Fremont, with an annual cost of $1,136.
Below, you can see that the rates in Fremont are slightly higher than the national average. However, the rates are lower than the state of California average.
| Area | Average Monthly Rate |
| National | $1,820 |
| California | $2,008 |
| Fremont | $1,865 |
It’s crucial to grasp that insurance rates aren’t fixed; they can vary significantly based on several factors.
Cheapest Homeowners Insurance in Fremont, CA, 2024
Our Methodology
To identify the most cost-effective home insurance rates in Fremont, we collected data from multiple home insurance review websites. Some of these sources analyzed rates obtained from public filings through Quadrant Information Services. In this review, we've averaged those rates, but it's crucial to understand that each company's rates can vary regularly and are subject to individual circumstances. Moreover, the overall rating incorporates 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 Fremont, CA
Allstate is notably the most budget-friendly option for homeowners insurance in Fremont, CA, providing an average annual rate of $1,136.
| Company | Annual Premium |
| Allstate | $1,136 |
| USAA | $1,408 |
| State Farm | $1,425 |
| Nationwide | $1,765 |
| Chubb | $3,170 |
The price of your policy is influenced by several factors, including your 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
For owners of older homes, State Farm presents the most economical choice, providing an average annual rate of $1,307.
| Insurance Company | Average Annual Premium |
| State Farm | $1,307 |
| Farmers | $1,445 |
| AIG | $1,915 |
| Chubb | $2,130 |
Historic houses often have particular issues and upkeep needs that might raise insurance costs. State Farm provides affordable rates and thorough protection designed to suit the particular requirements of older homes.
Cheapest Homeowners Insurance for Newly Constructed Homes
Allstate stands out as the most cost-effective choice for homeowners who take pride in their newly built houses, offering an average yearly rate of $844.
| Insurance Company | Average Annual Premium |
| Allstate | $844 |
| USAA | $1,010 |
| State Farm | $1,017 |
| Nationwide | $1,256 |
| Chubb | $2,263 |
Newly built homes typically demand specialized coverage compared to older properties, and Allstate stands out for its ability to provide affordable policies customized to address these distinct requirements.
Cheapest Home Insurance for a History of Claims
Homeowners with a track record of claims can discover a budget-friendly option with USAA, which provides an average yearly rate of $1,562.
| Insurance Company | Average Annual Premium |
| USAA | $1,562 |
| Mercury | $2,130 |
| Nationwide | $2,871 |
| Travelers | $3,625 |
| Chubb | $4,118 |
Having a record of claims can typically cause insurers to raise premiums due to concerns about risk. However, USAA believes in giving second chances and offers fair rates for individuals with previous claims.
Cheapest Home Insurance Rates for Lots of Personal Property
If you possess a substantial amount of personal property, Universal North America provides the most budget-friendly choice, offering an average yearly rate of $1,246.
| Insurance Company | Average Annual Premium |
| Universal North America | $1,246 |
| USAA | $1,528 |
| State Farm | $1,553 |
| Nationwide | $1,904 |
| Chubb | $3,446 |
As your personal property holdings grow, your coverage requirements increase, potentially resulting in higher premiums. Universal North America tackles this by providing comprehensive coverage at reasonable rates, ensuring that all your possessions are adequately safeguarded.
Best Homeowners Insurance Companies in Fremont, CA
Selecting the appropriate homeowners insurance isn’t just a requirement; it’s a choice that demands thoughtful deliberation. Fremont boasts a variety of properties, mirroring the diversity of its inhabitants. Hence, locating an insurer that delivers comprehensive coverage at competitive prices is crucial.
To simplify your decision-making, we’ve curated a list of the leading homeowners insurance companies in Fremont, CA. Our evaluation considers factors like annual premiums, coverage choices, customer satisfaction scores, and overall dependability. Explore our comparison chart below to find the ideal match for your home insurance requirements.
| Company | Annual Premium | |
| 1. | Allstate | $1,136 |
| 2. | USAA | $1,408 |
| 3. | State Farm | $1,425 |
| 4. | Nationwide | $1,765 |
| 5. | Chubb | $3,170 |
| 6. | The Hartford | $1,698 |
| 7. | Universal North America | $1,160 |
| 8. | AIG | $2,576 |
Average Home Insurance Rates by Zip Codes
Home insurance expenses in Fremont, CA can vary significantly based on the zip code. Below, you’ll find tables illustrating rates for different zip codes in Fremont, along with information on the least expensive and most expensive zip codes for annual home insurance premiums in the region.
| ZIP Code | Average Insurance Premium (Annual) |
| 94536 | $814 |
| 94555 | $813 |
| 94538 | $821 |
| 94539 | $808 |
Cheapest Zip Codes
| ZIP Code | Average Insurance Premium (Annual) |
| 94539 | $808 |
| 94555 | $813 |
Most Expensive Zip Codes
| ZIP Code | Average Insurance Premium (Annual) |
| 94536 | $814 |
| 94538 | $821 |
Average Home Insurance Rates in Fremont, CA by Deductible Amount
The selected deductible amount for a homeowners insurance policy has a substantial impact on determining premium rates in Fremont, CA. Here’s how the average home insurance rates fluctuate for different deductible amounts:
| Deductible Amount | Annual Rate |
| $500 | $845 |
| $1,000 | $751 |
| $1,500 | $710 |
| $2,000 | $650 |
| $5,000 | $534 |
Average Home Insurance Rates in Fremont, CA By Coverage Amount
One crucial factor influencing your premium is the dwelling coverage amount, which signifies the maximum sum your insurance company will pay for rebuilding or repairing your home if it sustains damage or destruction.
Now, let’s examine a comparison chart displaying the average annual premiums for homeowners insurance associated with various dwelling coverage amounts.
| Dwelling Coverage Amount | Average Annual Premium |
| $200,000 | $584 |
| $250,000 | $756 |
| $300,000 | $840 |
| $350,000 | $983 |
| $400,000 | $1,137 |
Average Home Insurance Rates in Fremont, CA by Company
Below is a table comparing the yearly premiums from some of the top insurance companies in Fremont.
| Company | Annual Premium |
| Allstate | $1,136 |
| USAA | $1,408 |
| State Farm | $1,425 |
| Nationwide | $1,765 |
| Chubb | $3,170 |
| The Hartford | $1,698 |
| Universal North America | $1,160 |
| AIG | $2,576 |
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
FAQs
Who has the cheapest home insurance in Fremont, CA?
What is the average cost of home insurance in Fremont, CA?
On average, homeowners insurance in Fremont, California, costs approximately $1,865 per year.
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