To get a more accurate number, speak with an insurance agent. They regularly give out estimates of premiums and can discuss the various coverages you might need based on the types of homes you are looking at. If you are looking for an insurance agent who specializes in the South Bay and can give you specific information regarding the various areas in Torrance and/or Redondo, call PV Peninsula Insurance, Jose Villasenor. His office number is 310-802-2662 and his direct/mobile number is 310-941-7029. He will be happy to help you out.
Good luck in your search for a great home in the South Bay. If you would like more information about our wonderful area and are not already working with a great agent, feel free to contact me. We are starting to see some good deals and many normal (not bank owned or short sale) listings in this area. Your home is definitely out there, Dare to Dream.
Shel-lee Davis, CDPE
Your Real Estate Consultant for Life
RE/MAX Palos Verdes Realty
Call direct and ask for Karl Susman. I have a business relationship with him, and he will answer questions based on your individual situation. Please feel free to use me as a reference.
The Bremner Group at Coldwell Banker
Licensed Realtor for 33 Years