Best & Cheapest Homeowners Insurance in San Diego, CA For April, 2024

Nationwide stands out as the most affordable option for homeowners insurance in San Diego, providing an average annual quote of $1,442.

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Updated: 19 April 2024
Written by
Bob Phillips
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In our thorough evaluation of home insurance providers in San Diego, California, Nationwide stands out as the most budget-friendly choice, with an average annual rate of $1,442. It’s important to note that the ideal insurer for your situation may vary depending on your specific circumstances and needs.

For instance, if your home is on the older side, State Farm takes the lead with competitive rates of $1,309 per year and comprehensive coverage. Conversely, if you own a newly constructed home, USAA offers the most cost-effective solution at $1,178 per year.

For individuals with a history of claims, State Farm provides an affordable and understanding option at $1,776 per year.

Finally, if you have a significant amount of personal property requiring protection, Nationwide once again proves to be the top choice, offering extensive coverage at a reasonable $1,845 per year.

Our in-depth analysis at Insuranceopedia aims to assist you in finding the perfect fit for your home insurance needs. Through the comparison of customer ratings, examination of personal experiences, and presentation of comparison charts, we provide all the necessary information to help you make an informed decision.

How much is homeowners insurance in San Diego, CA?

Nationwide offers the most affordable rate for homeowners insurance in San Diego, at $1,442 annually.

Below, you can observe that the rates in San Diego are a bit lower than the national average. They rates are also lower than the  state of California average.

Area Average Monthly Rate
National $1,820
California $2,008
San Diego $1,736

It’s essential to note that insurance rates are not standardized; they can vary significantly based on various factors.

Cheapest Homeowners Insurance in San Diego, CA, 2024

Cheapest Homeowners Insurance, San Diego, 2024

Our Methodology

To find the most affordable home insurance rates in San Diego, we examined information from various home insurance review websites. Some of these sources analyzed rates from public filings acquired through Quadrant Information Services. In this review, we've considered an average of those rates, but it's important to note that each company's rates can fluctuate regularly and depend on individual circumstances. Furthermore, the overall rating also takes into account my subjective opinion, shaped by fifteen years of experience as a licensed insurance agent and over three decades of obtaining home insurance.

66

Quotes Analyzed

15+

Years Of Industry Experience

24

Brands Reviewed

40+

Research Hours

Cheapest homeowners insurance in San Diego, CA

Nationwide stands out as the most budget-friendly choice for homeowners insurance in San Diego, CA, boasting an average annual rate of $1,442.

Company Annual Premium
Nationwide $1,442
USAA $1,491
Allstate $1,503
AIG $1,695
State farm $1,876

The price of your policy is affected by various factors such as location, home value, and claims history. Nationwide provides a well-rounded 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 $1,309.

Insurance Company Average Annual Premium
State Farm $1,309
AIG $1,326
Farmers $1,430
Chubb $1,842

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, USAA stands out as the most budget-friendly choice, offering an average annual rate of $1,178.

Insurance Company Average Annual Premium
USAA $1,178
State Farm $1,316
Allstate $1,344
AIG $1,527
Farmers $2,204

Newly built homes often demand distinct coverage compared to older properties, and USAA 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 State Farm, featuring an average annual rate of $1,776.

Insurance Company Average Annual Premium
State Farm $1,776
Mercury $2,198
Nationwide $2,513
Farmers $2,694
Travelers $3,137

Having a history of claims can trigger concerns for insurers, typically resulting in higher premiums. Nonetheless, State Farm believes in second chances and provides 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, Nationwide provides the most economical option, with an average annual rate of $1,845.

Insurance Company Average Annual Premium
Nationwide $1,845
AAA $1,872
State Farm $1,947
AIG $2,014
Chubb $3,193

The greater the amount of personal property you own, the higher your coverage needs, potentially leading to increased premiums. Nationwide offers comprehensive coverage at affordable rates, ensuring that all your belongings are sufficiently protected.

Best Homeowners Insurance Companies in San Diego, CA

Selecting the appropriate homeowners insurance isn’t merely a requirement; it’s a thoughtful choice. San Diego boasts homes with a diverse history, much like its residents. Consequently, the search for an insurance provider delivering extensive coverage at competitive rates becomes crucial.

To simplify your decision-making, we’ve created a list of the leading homeowners insurance companies in San Diego, CA. Our evaluation considers factors like annual premiums, coverage choices, customer satisfaction ratings, and overall reliability. Explore our comparison chart below to identify the ideal match for your home insurance requirements.

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

Average Home Insurance Rates by Zip Codes

The price of homeowners insurance in San Diego, CA can vary significantly depending on the zip code. Here, you’ll find tables displaying rates for various zip codes in San Diego, 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)
92154 $1,296
92114 $1,344
92105 $1,297
92130 $1,372
92126 $1,342
92127 $1,374

Cheapest Zip Codes

ZIP Code Average Insurance Premium (Annual)
92103 $1,291
92110 $1,289
92104 $1,286
92154 $1,297
92109 $1,293

Most Expensive Zip Codes

ZIP Code Average Insurance Premium (Annual)
92197 $1,426
92129 $1,387
92130 $1,372
92127 $1,374
92119 $1,361

Average Home Insurance Rates in San Diego, CA by Deductible Amount

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

Deductible Amount Annual Rate
$500 $865
$1,000 $756
$1,500 $716
$2,000 $646
$5,000 $542

Average Home Insurance Rates in San Diego, 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 $1,004
$250,000 $1,143
$300,000 $1,335
$350,000 $1,456
$400,000 $1,654

Average Home Insurance Rates in San Diego, CA by Company

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

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

Getting Online Homeowners Insurance Quotes in California

Accessible platforms such as Insuranceopedia make it easy to discover the ideal coverage for your specific needs with just a few clicks. Offering swift online quotes from reputable insurers, Insuranceopedia enables you to compare rates effortlessly.

Simply input your details, and let us handle the heavy lifting, presenting you with a selection of options customized to your preferences. This way, you can confidently select a policy that provides optimal value, striking a balance between cost and comprehensive coverage.

FAQs

Who has the cheapest home insurance in San Diego, CA?

The cheapest home insurance in San Diego, California, is provided by Nationwide, with an annual premium of $1,442

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

The average cost of homeowners insurance in San Diego, California, is approximately $1,736 per year.

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