Best & Cheapest Homeowners Insurance in Modesto, CA May, 2024
Allstate provides the most affordable home insurance in Modesto, with an average annual price of $1,170.
After carefully reviewing home insurance options in Modesto, California, Allstate stands out as the most budget-friendly choice, with an average yearly premium of $1,170. However, it’s important to note that the best insurer for you might depend on your specific needs and circumstances.
For example, if you have an older home, State Farm offers competitive rates at $1,298 annually, coupled with comprehensive coverage. On the other hand, for owners of newly built homes, Allstate provides the most cost-effective solution at $846 per year.
If you have a history of filing claims, State Farm remains an affordable and understanding option at $1,340 per year.
Moreover, if you own a significant amount of personal property that needs protection, Travelers emerges as the preferred choice, offering extensive coverage at a reasonable rate of $1,484 per year.
At Insuranceopedia, our thorough analysis aims to help you find the ideal home insurance coverage. By comparing customer ratings, evaluating personal experiences, and providing comparison charts, we offer all the necessary information to assist you in making a well-informed decision.
How much is homeowners insurance in Modesto, CA?
In Modesto, Allstate offers the lowest homeowners insurance rate at $1,170 per year.
Below, you can see that the rates in Modesto are lower than both the national average and the average for the state of California.
| Area | Average Monthly Rate |
| National | $1,820 |
| California | $2,008 |
| Modesto | $1,763 |
It’s important to recognize that insurance rates are not fixed; they can vary significantly based on several factors.
Cheapest Homeowners Insurance in Modesto, CA, 2024
Our Methodology
To find the most cost-effective home insurance rates in Modesto, we gathered data from various 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 important to understand that each company's rates can fluctuate regularly and are subject to individual circumstances. Furthermore, the overall rating reflects 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 Modesto, CA
Allstate stands out as the most budget-friendly option for homeowners insurance in Modesto, CA, with an average annual rate of $1,170.
| Company | Annual Premium |
| Allstate | $1,170 |
| State Farm | $1,452 |
| USAA | $1,581 |
| Nationwide | $1,966 |
| Chubb | $3,008 |
The price of your policy is affected by various factors such as your location, home value, and claims history. Allstate provides a balanced combination of affordability and comprehensive coverage.
Cheapest Homeowners Insurance If You Have an Older Home
Owners of older homes may find State Farm to be the most economical choice, with an average annual rate of $1,298.
| Insurance Company | Average Annual Premium |
| State Farm | $1,298 |
| Farmers | $1,465 |
| AIG | $1,927 |
| Chubb | $2,120 |
Older homes often present unique risks and maintenance challenges, which can result in higher insurance costs. However, State Farm offers competitive rates and comprehensive coverage tailored to address the specific needs of older homes.
Cheapest Homeowners Insurance for Newly Constructed Homes
For homeowners who take pride in their newly constructed homes, Allstate emerges as the most budget-friendly option, offering an average annual rate of $846.
| Insurance Company | Average Annual Premium |
| Allstate | $846 |
| State Farm | $1,033 |
| USAA | $1,127 |
| Nationwide | $1,399 |
| AIG | $1,549 |
Newly constructed homes often demand unique coverage compared to older properties, and Allstate excels in providing affordable policies tailored 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 State Farm, which offers an average annual rate of $1,484.
| Insurance Company | Average Annual Premium |
| State Farm | $1,484 |
| USAA | $1,569 |
| AIG | $2,644 |
| Nationwide | $2,877 |
| Chubb | $4,130 |
Having a history of claims can often raise concerns for insurers, which typically results in higher premiums. State Farm believes in offering second chances and provides reasonable rates for individuals with past claims.
Cheapest Home Insurance Rates for Lots of Personal Property
If you own a significant amount of personal property, Travelers provides the most budget-friendly option, with an average annual rate of $1,484.
| Insurance Company | Average Annual Premium |
| Travelers | $1,484 |
| State Farm | $1,568 |
| USAA | $1,716 |
| Nationwide | $2,111 |
| Chubb | $3,047 |
As you acquire more personal property, your insurance needs grow, potentially resulting in higher premiums. Travelers tackles this by providing comprehensive coverage at reasonable rates, ensuring all your belongings are well-protected.
Best Homeowners Insurance Companies in Modesto, CA
Selecting the right homeowners insurance is more than just a necessity; it’s a decision that demands careful thought. Modesto boasts a variety of properties, reflecting the diversity of its residents. Therefore, finding an insurance provider that offers comprehensive coverage at competitive rates is crucial.
To simplify your decision-making process, we’ve compiled a list of the top homeowners insurance companies in Modesto, CA. Our evaluation considers factors such as annual premiums, coverage options, customer satisfaction ratings, and overall reliability. Check out our comparison chart below to find the ideal fit for your home insurance needs.
| Company | Annual Premium |
| Allstate | $1,170 |
| State Farm | $1,452 |
| USAA | $1,581 |
| Travelers | $1,378 |
| Universal North America | $1,580 |
| Nationwide | $1,966 |
| Chubb | $3,008 |
| AIG | $2,190 |
Average Home Insurance Rates by Zip Codes
Home insurance costs in Modesto, CA can vary widely depending on the zip code. Below, you’ll find tables displaying rates for different zip codes in Modesto, along with details on the five cheapest and most expensive zip codes for annual home insurance premiums in the area.
| ZIP Code | Average Insurance Premium (Annual) |
| 95350 | $1,196 |
| 95351 | $1,406 |
| 95354 | $1,377 |
| 95355 | $1,402 |
| 95356 | $1,290 |
| 95358 | $1,408 |
Cheapest Zip Codes
| ZIP Code | Average Insurance Premium (Annual) |
| 95350 | $1,196 |
| 95356 | $1,290 |
| 95354 | $1,377 |
Most Expensive Zip Codes
| ZIP Code | Average Insurance Premium (Annual) |
| 95351 | $1,406 |
| 95355 | $1,402 |
| 95358 | $1,408 |
Average Home Insurance Rates in Modesto, CA by Deductible Amount
The deductible amount chosen for a homeowners insurance policy has a significant impact on premium rates in Modesto, CA. Here’s how the average home insurance rates vary for different deductible amounts:
| Deductible Amount | Annual Rate |
| $500 | $1,327 |
| $1,000 | $1,120 |
| $1,500 | $950 |
| $2,000 | $821 |
| $5,000 | $714 |
Average Home Insurance Rates in Modesto, CA By Coverage Amount
One key factor that affects your premium is the dwelling coverage amount, which represents the maximum sum your insurance company will pay for rebuilding or repairing your home if it’s damaged or destroyed.
Now, let’s take a look at a comparison chart illustrating the average annual premiums for homeowners insurance associated with different dwelling coverage amounts.
| Dwelling Coverage Amount | Average Annual Premium |
| $200,000 | $1,120 |
| $250,000 | $1,336 |
| $300,000 | $1,562 |
| $350,000 | $1,703 |
| $400,000 | $1,870 |
Average Home Insurance Rates in Modesto, CA by Company
Here’s a comparison table showing annual premiums from some of the top providers in Modesto.
| Company | Annual Premium |
| Allstate | $1,170 |
| State Farm | $1,452 |
| USAA | $1,581 |
| Travelers | $1,378 |
| Universal North America | $1,580 |
| Nationwide | $1,966 |
| Chubb | $3,008 |
| AIG | $2,190 |
How Much is Homeowners Insurance for Other Cities in California?
Here is a detailed 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 |
| Fremont | $1,865 |
| Riverside | $2,234 |
| San Diego | $1,736 |
Getting Online Homeowners Insurance Quotes in California
FAQs
Who has the cheapest home insurance in Modesto, CA?
In Modesto, California, Allstate offers the most affordable home insurance, with an annual premium of $1,170.
What is the average cost of home insurance in Modesto, CA?
The average cost for homeowners insurance in Modesto, California, is approximately $1,763 per year.
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