Home Insurance in 90027>Question Details

Jessica, Home Buyer in Los Angeles, CA

How much does home owners insurance cost in Los Angeles, CA?

Asked by Jessica, Los Angeles, CA Tue Apr 29, 2008

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Answers

21
Sold a policy in LA county last week. Zipcode 91324 year built 1950 1500 SQFT house was Dwelling replacement $300,000 , 300,000 liability $1000 Deductible the rate was $818.00

Also insured one in North Hills 2000 sq ft house built in 1960 Dwelling replacement $420,000 , $300,000 liability $1000 deductible $1027.00

Hope this is better to assist those looking for average rates quotes.

Rancho Simi Insurance has several companies to choose from 888-581-2128 or try a quote on line at
http://www.ranchosimiinsurance.com

Call us with the home or email us the address we will send you a ruff estimate on the price rsia1979@gmail.com
4 votes Thank Flag Link Mon Sep 19, 2011
Come on people, the person is just looking for a ballpark figure on the "average" house.

Don't say it depends, you might as well not have answered the question.
2 votes Thank Flag Link Sun Sep 18, 2011
Costs of Insurance on Homes will vary by company as well as coverage provided. As an insurance agent I often come across home insurance policies that have not been looked at for a while and the coverage does not have proper replacement insurance in place. Custom appointments cause dwelling replacement to jump up a considerable amount. At the same time if this is not properly reflected in the cost to rebuild Cov. A. Dwelling your home may not be replaced to the same specs.

Most of the companies we write for at Rancho Simi Insurance give us Dwelling Cost Replacement tools to calculate just what dwelling replacement should be with the features our clients have notified us of.

Cost to rebuild fluctuates depending on the area. Rebuilds cost in San Diego compared to Palm Spring would depend on labor cost, material availability and other overhead costs. Rating software takes all this into consideration.

In closing Rancho Simi Insurance suggest when shopping the rate make sure the above have been taken to consideration to make sure that proper coverage is secured along with the competitive rate. We have an online rating tool at our website gives quotes however it does not have the cost estimation tool so usually this requires a phone call to discuss coverage requirements.

We represent several diffrent carriers. Mercury Insurance, Nationwide Insurance, CSE, Fidelity National, McGraw and others. We tend to have a better rate on the average for a new homeowners. Have many discount to provide:Multi policy, New Home buyer and many more.

Try us you will be glad you did.
Rancho SImi Insurance California DOI Lic.# 0589634
888-581-2128
2 votes Thank Flag Link Thu Dec 16, 2010
It depends on the location and size of the property, the amount of coverage, the deductible that you choose, etc.
For example, our home in 90035 is 1700 sq feet and I believe that we pay about $1500 per year.
If you need a recommendation for an agent that offers very good customer service and who can quickly give you an idea of price, I suggest that you call Maria Becerra of State Farm Phone: 310.450.8833
Email: maria.becerra.c2n2@statefarm.com. Feel free to let her know that Revi Mendelsohn of Coldwell Banker referred you.
Regards,
Revi Mendelsohn, Realtor
President's Circle Award Recipient
Coldwell Banker Beverly Hills East

9388 Santa Monica Blvd.
Beverly Hills, CA 90210
Email: Revi@ReviMendelsohn.com
Phone: 310-838-3056
Fax: 310-388-1101

Integrity, Reliability, and Outstanding Customer Service.
2 votes Thank Flag Link Wed Apr 30, 2008
It is about 1500 around my area
0 votes Thank Flag Link Sun Oct 18, 2015
Around $800 to $1500 depends on the zipcode.
0 votes Thank Flag Link Sat Oct 3, 2015
It depends on the zipcode. I can provide u a free quote anytime!
0 votes Thank Flag Link Fri Oct 2, 2015
It varies depending if you are in a hillside with brush,if the house is older ,etc. There are many factors that are involved .Check with a local insurance agent to get a good ball park idea of cost ! Good Luck !
0 votes Thank Flag Link Mon Aug 5, 2013
compare homeowner insurance quotes of various companies at http://www.webtecinsurance.com/
0 votes Thank Flag Link Sun Jul 7, 2013
There are a couple of factors that would affect the cost.
Replacement cost of the home which is determined by the type of building materials used to build the house, territory or zip code, your insurance history such as insurance score and claims history if any, and a few other factors depending on the company. Its always best to get a couple quotes and compare not just rates but also coverage. Some policies are broad form and some are special which are very different contracts. You really need to get some quotes from insurance agents and compare them. Its a bit of work but hopefully the company you get insured with is the one you keep for a while.
Web Reference: http://myinsurancenerd.com
0 votes Thank Flag Link Thu Jul 12, 2012
Shopping around is always the best way to get the lowest rate on insurance. Don't forget all your discounts to help get that rate as low as possible. You can get discounts for buying your auto, home, life, and business insurance from the same company.
0 votes Thank Flag Link Thu May 24, 2012
Jessica, your best bet is to call an INSURANCE AGENT in LA to get your answer...If you need a good one in the LA area, feel free to contacat me and I can give you their name and phone #.

Thank you,
Nicholas
0 votes Thank Flag Link Tue Feb 22, 2011
Jessica, your best bet is to call an INSURANCE AGENT in LA to get your answer...If you need a good one in the LA area, feel free to contacat me and I can give you their name and phone #.

Thank you,
Nicholas
0 votes Thank Flag Link Thu Jan 27, 2011
Los Angeles is a BIG county...With everything from homeless area's to Houses the size of football stadiums valued in the Millions...You have to know exactly where in L.A. you're looking to buy and then contact a good insurance agent to get a price quote. I know a very well known agent here in Hollywood, CA. from a well known company. If you need help, contact me from my profile.

Thanks,
Nick
0 votes Thank Flag Link Wed Jan 5, 2011
It depends on many factors such as square footage of the property, location, and many other factors. I always recommend to my clients to get at least 3 quotes, they can very greatly, then you can make the best decision for what suits you and your needs.
0 votes Thank Flag Link Mon Dec 20, 2010
Jessica,

I'm assuming you are thinking about buying a house. This is a very good question. Everyone on this page is correct in their answers, but the experts are those who actually handle home owners insurance. I have several sources to refer you to who will be able to give your more insight to your question. If you want, contact me at your earliest convenient. I'll give you some good sources.
Web Reference: http://www.ken-dang.com
0 votes Thank Flag Link Fri Sep 3, 2010
Los Angeles is a BIG county...With everything from homeless area's to Houses the size of football stadiums valued in the Millions...You have to know exactly where in L.A. you're looking to buy and then contact a good insurance agent to get a price quote. I know a very well known agent here in Hollywood, CA. from a well known company. If you need help, contact me from my profile.

Thanks,
Nick
0 votes Thank Flag Link Fri Sep 3, 2010
Ask an insurance agent, not a real estate agent.

-saurabh
Web Reference: http://www.sethihomes.com
0 votes Thank Flag Link Wed Dec 9, 2009
The cost of homeowners insurance is influenced by a wide array of market factors such as increasing number of liability lawsuits and customer's needs, policy choices and lifestyle.

You should always keep in mind the difference between market value and replacement value. Ensure that your home is insured "to value" which adequately protects it from risks you cannot afford to cover yourself, and covers any home improvements you've made, major purchases, and increased costs of rebuilding.

Some companies offer discounts and credits for loss prevention features such as fire extinguishers, sprinkler systems, alarms, smoke detectors, deadbolt locks, and security or fire alarm systems. If you're over 55 and retired, you may qualify for an additional 10% discount.

If you are a dog owner, you may have to think twice about the breed you choose. Large dogs that can inflict a lot of damage are prime "no-insure" targets. Other considerations that influence a company's willingness to cover a breed include the frequency of dog bites for the breed, the breed's reputation as well as research conducted by the Centers for Disease Control and individual insurance companies.

Raising your deductible can also significantly lower your premiums. Small claims are expensive for insurance companies to handle. You can reduce your premiums by as much as 10 percent if you increase your deductible from $250 to $500. Increasing the deductible to $1,000 can lower premiums by almost a third. The payment plan you choose also determines you cost.

Buy your homeowner's and auto insurance policies from a company that offers both. It may offer discounts of 5 to 15%.

Shop around! But keep in mind that you may be receiving a longevity discount.
0 votes Thank Flag Link Mon May 5, 2008
Hi Jessica. It is determined by many factors, You should contact an agent to help.
Are you referring to HOA for condo's or insurance for a Single family Residence

Regards
Michael Barron
Realtor
First Team Real Estate

The # 1 Selling Independent Real Estate Company in CA
0 votes Thank Flag Link Tue Apr 29, 2008
There are many factors that enter into the price of homeowners insurance. The best way to obtain a price is to contact an agent (broker) that works not with one company but sends to many companies and is able to check rates for the best price.
0 votes Thank Flag Link Tue Apr 29, 2008
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