Best & Cheapest Homeowners Insurance in Sacramento, CA April, 2024

Allstate offers the cheapest homeowners insurance to homeowners in Sacramento, with an average annual quote of $1,268.

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Updated: 11 April 2024
Written by
Bob Phillips
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In our comprehensive review of homeowners insurance providers in Sacramento, CA, Allstate emerges as the most budget-friendly option, with average annual rates of $1,268. However, keep in mind that the best insurer for you may vary based on your unique circumstances and requirements.

For instance,  if your home is on the older side, State Farm rises to the top with its competitive rates of $1,547 per year, and comprehensive coverage. On the other hand, if you’re the proud owner of a newly constructed home, State Farm offers the most cost-effective solution at $1,046 per year.

For those who’ve had a history of claims, USAA provides an affordable and understanding solution at $1,982 per annum.

Last, if you possess a wealth of personal property that needs protection, Allstate again proves to be your best bet, offering extensive coverage at a reasonable $1,294 per year.

Our in-depth analysis at Insuranceopedia is designed to guide you toward the perfect fit for your homeowners insurance needs. By comparing customer ratings, analyzing personal experiences, and presenting comparison charts, we will provide you with all the information necessary to make an informed decision.

How much is homeowners insurance in Sacramento, CA?

Allstate offers the most affordable rate for homeowners insurance in Sacramento, at $1,268 annually.

As you can see below, rates in Sacramento are slightly higher than the National average. However, the rates are lower than the California State average.

Area Average Monthly Rate
National $1,820
California $2,008
Sacramento $1,874

It’s important to understand that rates are not a one-size-fits-all matter. They can fluctuate significantly based on a myriad of factors.

For instance, your personal driving history plays a pivotal role; a record filled with traffic violations or accidents will likely lead to higher premiums than a clean slate. The type and model of your vehicle also come into play, as high-performance or luxury cars typically cost more to insure.

Your geographical location can impact your rates, too, with densely populated urban areas generally facing higher rates due to increased risk of theft or accidents. Even your age and marital status can influence your car insurance premiums.

Cheapest Homeowners Insurance in Sacramento, CA

Cheapest Homeowners Insurance, Sacramento, 2024

Our Methodology

To find the cheapest home insurance rates in Sacramento, we analyzed findings from numerous home insurance review sites, some of which analyzed rates from public filings obtained by Quadrant Information Services. We’ve used an average of those rates for this review, but each company’s rates change frequently and will vary based on your situation. Also factored into the overall rating is my subjective opinion based on fifteen years of experience as a licensed insurance agent and over three decades of purchasing home insurance.

66

Quotes Analyzed

15+

Years Of Industry Experience

24

Brands Reviewed

40+

Research Hours

Cheapest homeowners insurance in Sacramento, CA

Allstate emerges as the cheapest overall option for homeowners insurance in Sacramento, CA, with an average annual rate of $1,268.

Company Annual Premium
Allstate $1,268
Travelers $1,389
 Nationwide $1,477
 State Farm $1,520
Chubb $2,680

The cost of your policy is influenced by many factors, including location, home value, and your claims history. Allstate offers a balanced blend of affordability and comprehensive coverage.

Cheapest Homeowners Insurance In Sacramento If You Have an Older Home

For those with older homes, State Farm offers the cheapest rates, averaging $1,547 per year.

Insurance Company Average Annual Premium
State Farm $1,547
AAA $1,825
Chubb $1,867
AIG $1,989
Farmers $2,306

Older homes often come with unique risks and maintenance issues, which can drive up insurance costs. State Farm offers competitive rates and comprehensive coverage tailored to meet the needs of older homes.

Cheapest Homeowners Insurance for Newly Constructed Homes

If you’re the proud owner of a newly constructed home, State Farm offers the most cost-effective solution, with an average annual rate of $1,046.

Insurance Company Average Annual Premium
State Farm $1,046
Nationwide $1,114
Allstate $1,123
AIG $2,142
Chubb $2,374

New constructions often require different coverage compared to older homes, and State Farm excels in providing affordable policies tailored to these specific needs.

Cheapest Home Insurance In Sacramento for a History of Claims

For homeowners with a history of claims, USAA provides an affordable solution, with an average annual rate of $1,982.

Insurance Company Average Annual Premium
USAA $1,982
Mercury $2,006
Nationwide $2,550
Chubb $2,960
Travelers $3,482

A history of claims can raise red flags for insurers, often leading to higher premiums. However, USAA believes in second chances and offers reasonable rates for those with past claims.

Cheapest Home Insurance Rates for Lots of Personal Property

If you have a wealth of personal property, Allstate offers the cheapest rates, with an average annual rate of $1,294.

Insurance Company Average Annual Premium
Allstate $1,294
State Farm $1,572
USAA $1,667
Nationwide $1,893
Chubb $3,480

The more personal property you have, the higher your coverage needs, which can increase premiums. Allstate provides extensive coverage at reasonable rates, ensuring all your belongings are adequately protected.

Best Homeowners Insurance Companies in Sacramento, CA

Choosing the right homeowners insurance is not just a necessity; it’s a strategic decision. With a rich history, Sacramento’s homes are as unique as its residents. Therefore, finding an insurance provider that offers comprehensive coverage at competitive rates becomes paramount.

To make your decision-making process easier, we’ve compiled a list of the top homeowners insurance companies in Sacramento, CA. These companies have been assessed based on their annual premiums, coverage options, customer satisfaction ratings, and overall reliability. Take a look at our comparison chart below and find the perfect fit for your home insurance needs.

Company Annual Premium
Allstate $1,268
Travelers $1,389
AAA $1,416
Nationwide $1,477
State Farm $1,520
Chubb $2,680
AIG $2,392
Farmers $3,790

Average Home Insurance Rates by Zip Codes

The cost of homeowners insurance in Sacramento, CA can vary significantly based on the zip code. Below are tables showcasing rates for different zip codes in Sacramento, along with the five cheapest and most expensive zip codes in the area for annual home insurance premiums.

ZIP Code Average Insurance Premium (Annual)
95838 $1,253
95820 $1,248
95824 $1,254
95836 $1,266
95823 $1,274
95815 $1,265

Cheapest Zip Codes

ZIP Code Average Insurance Premium (Annual)
95811 $1,308
95835 $1,237
95822 $1,239
95816 $1,217
95818 $1,227

Most Expensive Zip Codes

ZIP Code Average Insurance Premium (Annual)
95838 $1,256
95815 $1,265
95836 $1,266
95817 $1,245
95824 $1,253

Average Home Insurance Rates in Sacramento, CA by Deductible Amount

The deductible amount chosen for a homeowners insurance policy significantly affects the premium rates in Sacramento, CA. Here’s how the average home insurance rates fluctuate for different deductible amounts:

Deductible Amount Annual Rate
$500 $1,392
$1,000 $1,004
$1,500 $984
$2,000 $702
$5,000 $588

Average Home Insurance Rates in Sacramento, CA By Coverage Amount

One of the key components that influences your premium is the dwelling coverage amount. This is the maximum amount your insurance company will pay to rebuild or repair your home if it’s damaged or destroyed.

Let’s take a closer look at a comparison chart that outlines the average annual homeowners insurance premiums for different dwelling coverage amounts.

Dwelling Coverage Amount Average Annual Premium
$200,000 $830
$250,000 $943
$300,000 $1,242
$350,000 $1,756
$400,000 $2,110

Average Home Insurance Rates in Sacramento, CA by Company

Here’s a comparison table showcasing annual premiums from some of the top providers in Sacramento:

Company Annual Premium
Nationwide $1,442
AAA $1,635
Universal North America $1,467
Chubb $2,469
USAA $1,491
Allstate $1,503
AIG $1,695
State farm $1,876

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

With informative sites like Insuranceopedia, finding the best coverage for your unique needs is just a few clicks away. By providing quick online quotes from a variety of top-rated insurers, Insuranceopedia helps you to compare rates at a glance.

Just input your details and let us do the hard work, presenting you with a range of options tailored to your requirements. This way, you can confidently choose a policy that offers the highest value, balancing cost with comprehensive coverage.

FAQs

Who has the cheapest home insurance in Sacramento, CA?

The cheapest home insurance in Sacramento, California, is provided by Allstate, with an annual premium of $1,268

What is the average cost of home insurance in Sacramento, CA?

The average cost of homeowners insurance in Sacramento, California, is approximately $1,874 per year.

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