Best & Cheapest Homeowners Insurance in Fremont, CA For April, 2024

Allstate provides the most budget-friendly homeowners insurance in Fremont, with an average yearly cost of $1,136.

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Updated: 29 March 2024
Written by
Bob Phillips
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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.

For instance, your personal driving record is pivotal; having a history of traffic violations or accidents typically results in higher premiums compared to having a clean record. The make and model of your vehicle also matter, with insurance for high-performance or luxury cars usually costing more.

Your location can also impact your rates. Urban areas with higher population densities often have higher premiums due to increased risks of theft or accidents. Additionally, factors like age and marital status can influence your car insurance costs.

Cheapest Homeowners Insurance in Fremont, CA, 2024

Cheapest Homeowners Insurance, Fremont, 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.

66

Quotes Analyzed

15+

Years Of Industry Experience

24

Brands Reviewed

40+

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

Services such as Insuranceopedia offer easy access to finding ideal coverage tailored to your specific requirements with just a few clicks. By providing prompt online quotes from reputable insurers, Insuranceopedia enables you to effortlessly compare rates.

Simply input your details, and we’ll handle the rest, presenting you with a variety of options customized to your preferences. This empowers you to confidently select a policy that delivers the greatest value, striking a balance between cost and comprehensive coverage.

FAQs

Who has the cheapest home insurance in Fremont, CA?

In Fremont, California, Allstate provides the most economical home insurance option, with an annual premium of $1,136.

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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