Best & Cheapest Homeowners Insurance in San Diego, CA For May, 2024
Nationwide stands out as the most affordable option for homeowners insurance in San Diego, providing an average annual quote of $1,442.
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
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.
Quotes Analyzed
Years Of Industry Experience
Brands Reviewed
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.
Sources
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