How much is home insurance in Los Angeles?

Home insurance in Los Angeles costs $2,292 per year for a policy with $300,000 in dwelling coverage and a $1,000 deductible, Insurify data shows. But your rates will depend on many factors, including your ZIP code, the age of your home, the square footage of your home, and the coverage levels you choose.

Which company has the cheapest homeowners insurance in Los Angeles?

Allstate has the cheapest homeowners insurance in Los Angeles, with average annual premiums of $499. Armed Forces Insurance Exchange and Mercury also offer affordable coverage, with respective annual premiums of $883 and $971.

Does Los Angeles require homeowners insurance?

No. Los Angeles doesn’t require homeowners insurance, but your lender will require it if you have a mortgage on your home. Even if you’ve paid off your home, it’s still important to carry coverage so that you’re protected financially if something damages or destroys your home.

Is AAA insuring homes in California?

Yes. AAA sells home insurance in California. You can go to the AAA website to search for a branch location near you.

Best Homeowners Insurance in Los Angeles (2024)

Best companies
Cheapest insurers
Los Angeles insurance cost
Get cheap insurance
Coverage amount
FAQs

Best companies
Cheapest insurers
Los Angeles insurance cost
Get cheap insurance
Coverage amount
FAQs

The average cost of homeowners insurance in Los Angeles is $2,292 for a policy with a $1,000 deductible and $300,000 in dwelling coverage — slightly lower than the national average of $2,377.

Los Angeles faces increased exposure to various natural disasters, including earthquakes, which standard home insurance policies exclude. Consider a supplemental earthquake policy to increase your protection if you’re in a high-risk zone.

Here’s what you should know about comparing quotes and finding coverage in the City of Angels.

Quick Facts

Allstate, Armed Forces Insurance Exchange, and Mercury have some of the cheapest home insurance in Los Angeles.
Standard home insurance policies cover damage from wildfires — a risk factor for homes in Los Angeles.
Home insurance in Los Angeles is much higher than the statewide cost of $1,782 per year for a $300,000 policy with a $1,000 deductible.

Best home insurance companies in Los Angeles

The best homeowners insurance company for you depends on your individual situation and needs. In Los Angeles, residents have many quality home insurance companies to choose from.

Insurance Company ▲▼	IQ Score The Insurify Quality (IQ) Score uses more than 15 criteria to objectively rate insurance companies on a one-to-ten scale. The Insurify editorial team researches insurer data to determine the final scores. ▲▼	Average Annual Premium ▲▼	Best For ▲▼
Allstate	8.2	$499	Cheapest rates
Armed Forces Insurance Exchange	NR	$883	Military personnel
Mercury Insurance	7.6	$971	Natural disaster protection
Pacific Specialty	NR	$1,178	Senior homeowners

How Insurify rates insurance companies
Our editorial team spent more than 350 hours developing the Insurify Quality (IQ) Score and scoring insurance companies. The IQ Score objectively analyzes and calculates a score for insurers using more than 15 crucial criteria. The team weighted criteria by importance to the consumer — factors such as customer reviews and affordability influence the score more than availability and third-party ratings.

We rate each company on a 1 to 10 scale based on five categories: financial ratings, customer satisfaction, affordability, customer support and transparency, and availability. Insurify updates ratings once a year or as more recent information becomes available.
- Third-party financial ratings: Insurify uses data from AM Best, S&P, Moody’s, and more to compare insurance companies’ credit and ability to pay out future claims.
- Customer satisfaction: To calculate this score, Insurify analyzed more than 55,000 customer reviews across 155 car insurance companies. We also consider third-party ratings from J.D. Power, the National Association of Insurance Commissioners, and Trustpilot.
- Affordability: Our data scientists analyzed more than 90 million real-time auto insurance rates from our partners across the U.S., as well as available discounts, to calculate an affordability score.
- Customer support and transparency: This measures coverage options, ease of claims filing, and the insurer's transparency surrounding discounts, coverages, and claims process.
- Availability and reach: Insurify scores availability and reach by identifying the number of states in which insurers offer coverage and company size by market share.

Cheapest rates: Allstate

cheapest ratesAllstate

Compare personalized, real-time quotes

IQ Score The Insurify Quality (IQ) Score uses more than 15 criteria to objectively rate insurance companies on a one-to-ten scale. The Insurify editorial team researches insurer data to determine the final scores.	8.9/10
JD Power J.D. Power data measures overall customer satisfaction and claims satisfaction based on a 1,000-point scale.	833
$300,000 Dwelling A standard HO-3 home insurance policy typically includes dwelling, personal property, and liability coverage. The average rate displayed here reflects a policy with the following coverage limits: $300,000 dwelling; $25,000 personal property; $300,000 personal liability; $30,000 loss of use; and a $1,000 deductible for medical payments to others.	$39/mo
$500,000 Dwelling A standard HO-3 home insurance policy typically includes dwelling, personal property, and liability coverage. The average rate displayed here reflects a policy with the following coverage limits: $500,000 dwelling; $25,000 personal property; $300,000 personal liability; $30,000 loss of use; and a $1,000 deductible for medical payments to others.	$57/mo

Overview

Los Angeles homeowners typically pay higher insurance premiums than the average California homeowner. So, if you’re seeking coverage options at the lowest price, look no further than Allstate. In addition to affordable rates, the company offers discounts for buying a new home, bundling policies, setting up automatic payments, installing protective devices, and more.

Pros and cons

Pros

Offers coverage for your belongings while home-sharing
Optional coverage for energy-efficient home improvements

Cons

Above-average number of complaints with the National Association of Insurance Commissioners (NAIC)
Below-average J.D. Power customer and claims satisfaction ratings

Best insurer for military personnel: Armed Forces Insurance Exchange

California has the most active-duty military members in the U.S., according to Department of Defense (DOD) data. If you’re active, retired, or former military personnel, an immediate family member of one, or a civilian DOD employee, Armed Forces Insurance Exchanges offers insurance built for your unique needs. In addition to home insurance, the company offers flood, collector vehicle, condo, umbrella, pet insurance, and more.

Pros

Low rates
California Earthquake Authority provider

Cons

Restricted to military-affiliated members and civilian DOD employees
B+ (Good) AM Best financial strength rating is lower than many other insurers

Best insurer for natural disaster protection: Mercury Insurance

natural disaster protectionMercury

Compare personalized, real-time quotes

IQ Score The Insurify Quality (IQ) Score uses more than 15 criteria to objectively rate insurance companies on a one-to-ten scale. The Insurify editorial team researches insurer data to determine the final scores.	8.0/10
JD Power J.D. Power data measures overall customer satisfaction and claims satisfaction based on a 1,000-point scale.	827
$300,000 Dwelling A standard HO-3 home insurance policy typically includes dwelling, personal property, and liability coverage. The average rate displayed here reflects a policy with the following coverage limits: $300,000 dwelling; $25,000 personal property; $300,000 personal liability; $30,000 loss of use; and a $1,000 deductible for medical payments to others.	$81/mo
$500,000 Dwelling A standard HO-3 home insurance policy typically includes dwelling, personal property, and liability coverage. The average rate displayed here reflects a policy with the following coverage limits: $500,000 dwelling; $25,000 personal property; $300,000 personal liability; $30,000 loss of use; and a $1,000 deductible for medical payments to others.	$129/mo

Overview

Living in the Los Angeles area exposes your home to an increased risk of damage from disasters like wildfires and earthquakes. Mercury is Insurify’s top pick for natural disaster coverage, offering earthquake insurance and discounts for fire mitigation efforts. The company also offers discounts for installing protective devices in your home, buying a newer home, and living in a gated community.

Pros and cons

Pros

Affordable premiums
24-hour customer service

Cons

Limited optional coverages
Higher-than-average number of complaints with the NAIC

Best insurer for senior homeowners: Pacific Specialty

senior homeownersPacific Specialty

Compare personalized, real-time quotes

IQ Score The Insurify Quality (IQ) Score uses more than 15 criteria to objectively rate insurance companies on a one-to-ten scale. The Insurify editorial team researches insurer data to determine the final scores.	NR
$300,000 Dwelling A standard HO-3 home insurance policy typically includes dwelling, personal property, and liability coverage. The average rate displayed here reflects a policy with the following coverage limits: $300,000 dwelling; $25,000 personal property; $300,000 personal liability; $30,000 loss of use; and a $1,000 deductible for medical payments to others.	$98/mo
$500,000 Dwelling A standard HO-3 home insurance policy typically includes dwelling, personal property, and liability coverage. The average rate displayed here reflects a policy with the following coverage limits: $500,000 dwelling; $25,000 personal property; $300,000 personal liability; $30,000 loss of use; and a $1,000 deductible for medical payments to others.	$168/mo

Overview

People older than 65 account for nearly 16% of the Los Angeles population.^[1] If you’re a senior homeowner, you can take advantage of Pacific Specialty’s 20% discount for living in a gated retirement community. The insurer also offers several optional coverages, including computer equipment, water backup, earthquake, and service line coverage.

Pros and cons

Pros

Tiered coverage packages available
Multi-policy discount of up to 12%

Cons

Limited online presence
High number of customer complaints with the NAIC

Cheapest home insurance in Los Angeles

The cheapest home insurance in Los Angeles is Allstate, at $499 per year, or $42 per month, which is 78% cheaper than the average home insurance rate in Los Angeles. Armed Forces Insurance Exchange and Mercury also offer competitive rates below the city’s average premium.

Take a look at the table below for the most affordable insurance companies in Los Angeles and their average annual premiums for policies with $300,000 in dwelling coverage and a $1,000 deductible.

Insurance Company ▲▼	Average Annual Premium ▲▼
Allstate	$499
Armed Forces Insurance Exchange	$883
Mercury	$971
Century National	$1,134
CSE	$1,174
Pacific Specialty	$1,178
USAA	$1,267
State Farm	$1,284
Farmers	$1,317
CSAA	$1,364

Cost of homeowners insurance in Los Angeles

The average cost of home insurance in Los Angeles is $2,292 per year, or $191 per month, but your rates vary based on various factors, such as the specifics of your policy. This includes your coverage amount, optional coverages, and deductible amount. Having more coverage increases your home insurance premiums.

Risk factors such as your location, the age of your home, your claims history, and your home’s features also influence your policy’s cost. Homeowners with riskier homes to insure generally pay higher rates.

Finally, homeowners insurance costs differ by company, as each calculates premiums differently. Some companies provide lower rates for certain risk factors than others, so it pays to shop the market for the best prices.

Cost of homeowners insurance by dwelling coverage amount

Your dwelling coverage amount is the estimated cost to completely rebuild or repair your home after a covered loss. You’ll pay higher rates if your home’s replacement cost is higher.

You can see California home insurance rates by dwelling coverage amount in the table below. Rates shown are for policies with a $1,000 deductible.

Coverage Limit ▲▼	Average Annual Premium ▲▼
$100,000	$930
$200,000	$1,359
$300,000	$1,782
$400,000	$2,234
$500,000	$2,644

Cost of homeowners insurance by deductible

Your home insurance deductible, the amount you’ll have to pay before your insurer disburses your claim, affects your homeowners insurance cost. A low deductible results in a higher monthly premium, while a high deductible results in the opposite. If you want to lower your monthly payments, consider increasing your deductible. Just be sure to have that amount saved if you need to file a claim for repairs in the future.

You can see how selecting a lower deductible in Los Angeles results in a higher home insurance premium for a policy with $300,000 in dwelling coverage.

Deductible Amount ▲▼	Average Annual Premium ▲▼
$500	$2,390
$1,000	$2,292

How to get cheap homeowners insurance in Los Angeles

Savvy policyholders can get cheap homeowners insurance in Los Angeles by using the following tips:^[2]

Shop around. Comparing quotes helps you find value-packed policies at the lowest cost. Not shopping around could mean your homeowners policy costs more than it needs to. Online comparison tools, like Insurify, can make the process easy by generating real-time quotes based on your needs in minutes.
Seek discounts. Insurance companies reward loyalty and risk-mitigating efforts by offering discounts. Companies catering to a specific demographic, like seniors or military members, may also have discounts for being a member of that community. Ask your insurer about lesser-known discounts to see if you qualify for lower rates.
Install safety features. Home security features, such as theft alarms or smoke detectors, increase your home’s protection and make it less risky to insure. If you already have safety features, notify your insurer to see if you can get a discount. If you don’t, consider installing some to reduce your claims risk and keep your premium low.
Bundle your policies. Insurance companies offer multi-policy discounts to reward customer loyalty. That’s why buying multiple policies with one company can save you money compared to buying them separately. Home and auto policy bundles are common, but insurers may also offer discounts for purchasing different combinations of insurance products, like life, renters, pet, or motorcycle insurance.

California homeowners insurance rates by city

Cities and different ZIP codes within them vary in risk, so your home insurance quote may differ from that of a friend who lives across town.

For example, people in a major urban city like Los Angeles can expect higher home insurance rates than people in a less populated city like Bakersfield. Densely populated areas generally have increased crime rates, boosting instances of theft and vandalism damage.

Additionally, areas near the San Andreas Fault Zone, one of California’s most active fault systems, face a higher risk of property damage due to earthquakes and other natural disasters. Some of California’s most densely populated cities — like Los Angeles, San Diego, and San Francisco — are located near it.^[3]

Similarly, various California cities experience higher wildfire risk than others. Living near a fire station can lower your premiums because it typically means quicker response time from firefighters, reducing property damage. See how home insurance rates compare for some other California cities in the table below.

City ▲▼	Average Annual Premium ▲▼
Anaheim	$1,733
Bakersfield	$1,561
Fresno	$1,515
Long Beach	$1,912
Los Angeles	$2,292
Norwalk	$2,078
Riverside	$1,940
Sacramento	$1,517
San Diego	$1,488
San Francisco	$1,785

How much homeowners insurance do you need in Los Angeles?

How much homeowners insurance you need depends on your dwelling, personal property, personal liability, and additional living expense coverage needs. An insurance agent or insurance broker can help determine the amount and types of insurance for your situation.

California law doesn’t require homeowners to carry insurance, but most lenders will if you take out a mortgage on your home. Even if you don’t have a mortgage, carrying insurance is still a smart idea. Before buying your policy, read the fine print to ensure your home insurance policy covers everything you need it to.

What are some of the biggest risks when owning a home in Los Angeles?

Los Angeles homes face many risks, which can raise insurance costs. The most glaring hazards are earthquakes, wildfires, and landslides.

Earthquakes
FEMA estimates the annual losses due to earthquakes in Los Angeles County are approximately $4 billion — higher than 100% of U.S. counties.^[4] Standard policies won’t cover earthquake damage, so you must purchase this coverage from a California Earthquake Authority (CEA) participating provider. You can also ask your current insurer if it offers earthquake policies.
Wildfires
The First Street Foundation estimates that 63% of properties in Los Angeles face an elevated risk of wildfire damage over the next 30 years.^[5] Most insurers cover fire-related damages, but that depends on your area’s risk level. The California FAIR Plan provides coverage to homeowners who live in vulnerable areas and don’t qualify for traditional homeowners insurance. Before qualifying for coverage through the FAIR Plan, you’ll need to work with a broker to determine if you can get a traditional policy.
Landslides and mudslides
Los Angeles has a more heightened risk of landslides than 96% of U.S. counties. Homeowners insurance doesn’t cover damage from earth movement, like landslides and mudslides. Flood insurance may cover mudflow, and earthquake insurance may cover landslides, but it depends. Ask about the specifics of your policy and whether your insurer offers separate mudslide or landslide insurance.

Los Angeles homeowners insurance FAQs

If you’re shopping for home insurance in Los Angeles, the additional information below may help as you weigh your coverage options.

How much is home insurance in Los Angeles?
Home insurance in Los Angeles costs $2,292 per year for a policy with $300,000 in dwelling coverage and a $1,000 deductible, Insurify data shows. But your rates will depend on many factors, including your ZIP code, the age of your home, the square footage of your home, and the coverage levels you choose.
Which company has the cheapest homeowners insurance in Los Angeles?
Allstate has the cheapest homeowners insurance in Los Angeles, with average annual premiums of $499. Armed Forces Insurance Exchange and Mercury also offer affordable coverage, with respective annual premiums of $883 and $971.
Does Los Angeles require homeowners insurance?
No. Los Angeles doesn’t require homeowners insurance, but your lender will require it if you have a mortgage on your home. Even if you’ve paid off your home, it’s still important to carry coverage so that you’re protected financially if something damages or destroys your home.
Is AAA insuring homes in California?
Yes. AAA sells home insurance in California. You can go to the AAA website to search for a branch location near you.

More cities in California

Home insurance in Riverside

Popular cities

Sources

U.S. Census Bureau. "Los Angeles city, California."
Insurance Information Institute. "How to save money on your homeowners insurance."
California Earthquake Authority. "What is the San Andreas Fault?."
Federal Emergency Management Agency. "Los Angeles County, California."
First Street Foundation. "Does Los Angeles have Wildfire Risk?."

Alani Asis

Alani Asis is a personal finance freelance writer with nearly three years of experience in content creation. She has landed bylines with leading publications and brands like Insider, Fortune, LendingTree, and more. Alani aims to make personal finance approachable through fun, relatable, and digestible content.

Alani has been a contributor at Insurify since January 2023.

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Edited byAshley CoxSenior Managing Editor

Ashley CoxSenior Managing Editor

7+ years in content creation and management
5+ years in insurance and personal finance content

Ashley is a seasoned personal finance editor who’s produced a variety of digital content, including insurance, credit cards, mortgages, and consumer lending products.

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