5 Best Home Insurance Companies in California 2022/2023

Looking for the Best Home Insurance Companies in California 2022/2023? There are many benefits to living in the Golden State, like beautiful beaches, fantastic hiking areas, and Disneyland, to name a few. But you run the risk of earthquakes and wildfires if you purchase a property. Homeowners insurance covers you, your house, and your possessions for an average annual cost of $1,044.34 for a home with a $350,000 dwelling value.

However, cost isn’t the only thing to take into account. Based on factors like cost, client happiness, and more, we’ve assembled our suggestions for the top home insurance companies in California below.

5 Best Home Insurance Companies in California 2022/2023

We took into account customer happiness, insurance premiums, and third-party scores when selecting our top 5 selections for the finest homeowners insurance providers in California. The quotes for a home with a $350,000 dwelling value are used to calculate the California homeowners insurance rates for each company.

Company	Best for	Score
Allstate	Best for cheap rates	829
State Farm	Best for fire protection	835
Nationwide	Best for customer satisfaction	812
USAA	Best for military families	882

Cost of Home Insurance in Califonia

Company	Average Annual Premium
Allstate	$934.97
Mercury	$1,060.34
USAA	$1,148.58
First American Corporation Group	$1,213.06
State Farm	$1,231.11
National General	$1,297.47
Nationwide	$1,375.60
Auto Club	$1,426.59
Capital Insurance Group	$1,427.94
CSAA	$1,631.69

How To Find Homeowners Insurance in California

Among California homeowners, national insurance providers like State Farm, Allstate,, and Nationwide are preferred choices. These homes insurance companies have the resources to pay claims for their California clients because of their sizable sizes and budgets (State Farm specifically received an A++ rating for financial soundness from AM Best).

You might wish to think about earthquake insurance in addition to your standard insurance coverage. Every two years, earthquake coverage must be made available to clients by all homeowners insurance providers in California. The most frequently selected option among residents of California is the California Earthquake Authority (CEA). Additionally, you can get insurance from national carriers that are CEA members, such as:

Allstate
Amica Mutual Insurance Company
Automobile Club of Southern California (AAA)
Farmers Insurance
Liberty Mutual
Nationwide Insurance
USAA
State Farm

What are the cheapest homeowners insurance companies in California?

Allstate offers the cheapest homeowners insurance, costing $934.97 per year, on average, for a home with a $350,000 dwelling value. The second cheapest is Mercury, costing $1,060.34 per year, on average.

What is the average homeowners insurance cost in California?

The average homeowners insurance cost in California is $1,044.34 per year for a home with a $350,000 dwelling value.

Why is homeowners insurance so expensive in California?

The costly claim payouts related to the increasing number of wildfires have contributed to the rise in home insurance premiums in California. In fact, some insurance carriers even refused to renew certain homeowners insurance policies, prompting Insurance Commissioner Ricardo Lara to directly contact insurance carriers to offer some relief to policyholders in 2018.

How much should I pay for homeowners insurance in California?

The amount you should expect to pay will vary by your home’s value and location. For example, the average price will vary if your home’s dwelling value is $150,000 ($538.75 per year); $250,000 ($799.71); $350,000 ($1,044.34 per year); or $450,000 ($1,303.37 per year). Other factors will also affect your rate, like the county the home is located in.

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