- Best condo insurance companies in California
- How much does condo insurance cost in California?
- Condo insurance rates in California by company and coverage level
- Condo insurance rates by company in California
- Compare condo insurance rates by city in California
- Methodology
- Compare California condo insurance rates with other states
Best condo insurance companies in California
There are many companies offering condo insurance coverage in California. Travelers is the best condo insurance company in California based on our analysis. Our insurance experts reviewed prices and ratings from trusted sources like the National Association of Insurance Commissioners (NAIC) and AM Best.
Based on our research, here are the best condo insurance companies in California.
| Company | Annual premium | AM Best rating | NAIC | Insurance.com rating |
|---|---|---|---|---|
| Travelers | $669 | A++ | 0.54 | |
| State Farm | $663 | A++ | 0.95 | |
| Allstate | $692 | A+ | 0.9 | |
| Auto Club Enterprises (AAA) | $699 | A+ | 1.05 | |
| Farmers | $783 | A | 0.54 | |
| Nationwide | $859 | A+ | 0.87 | |
| Mercury Insurance | $962 | A | 2.35 |
How much does condo insurance cost in California?
The average cost of condo insurance in California is $767 per year or $64 per month for $60,000 in personal property coverage, $300,000 in liability coverage and a $1,000 deductible. Your actual annual premium may be higher or lower depending on where you live, the coverage limits you choose, your deductible and other factors.
To find the cheapest company for you, compare quotes from multiple insurance providers and choose the coverage that fits your needs.
| Average annual premium | $767 |
| Average monthly premium | $64 |
Condo insurance rates in California by company and coverage level
State Farm offers the lowest condo insurance rates in California for coverage limits of $60,000 for personal property and $300,000 for liability with a $1,000 deductible.
The second most affordable option is Travelers, with an annual rate of $669. However, your rates will vary based on the coverage level you select.
The table below presents condo insurance rates from top companies at various coverage levels.
| Company | $40,000 contents/$100,000 liability | $40,000 contents/$300,000 liability | $60,000 contents/$100,000 liability | $60,000 contents/$300,000 liability | $80,000 contents/$100,000 liability | $80,000 contents/$300,000 liability | $100,000 contents/$100,000 liability | $100,000 contents/$300,000 liability |
|---|---|---|---|---|---|---|---|---|
| Allstate | $551 | $594 | $649 | $692 | $737 | $780 | $817 | $860 |
| Auto Club Enterprises (AAA) | $558 | $583 | $674 | $699 | $788 | $813 | $902 | $927 |
| Farmers | $701 | $746 | $738 | $783 | $761 | $806 | $810 | $855 |
| Mercury Insurance | $735 | $735 | $962 | $962 | $1,089 | $1,089 | $1,249 | $1,249 |
| Nationwide | $743 | $752 | $846 | $859 | $954 | $971 | $1,062 | $1,083 |
| State Farm | $543 | $568 | $638 | $663 | $710 | $735 | $792 | $817 |
| Travelers | $504 | $552 | $614 | $669 | $679 | $737 | $762 | $825 |
| USAA | $704 | $704 | $775 | $775 | $836 | $836 | $887 | $887 |
Condo insurance rates by company in California
The cheapest option is State Farm, followed by Travelers and Allstate as the second and third most affordable choices. However, condo insurance rates in California vary by company, so it's a good idea to shop around and compare quotes.
The table below shows condo insurance rates from major companies in California.
| Company | Average annual rate | Average monthly rate |
|---|---|---|
| State Farm | $663 | $55 |
| Travelers | $669 | $56 |
| Allstate | $692 | $58 |
| Auto Club Enterprises (AAA) | $699 | $58 |
| Farmers | $783 | $65 |
| Nationwide | $859 | $72 |
| Mercury Insurance | $962 | $80 |
| USAA | $775 | $65 |
Compare condo insurance rates by city in California
Condo insurance rates vary by city. Factors like weather, crime rates and property values all play a role in pricing. To find the cheapest and best condo insurance in your city in California, consider these factors and compare quotes from different insurance companies.
City Annual insurance premium
Methodology
Insurance.com compared condo insurance rates provided by Quadrant Information Services across all 50 states and Washington, D.C.
Average condo insurance rates are based on:
- $60,000 in personal property coverage
- $300,000 in liability coverage
- $1,000 deductible
- Good credit
Rates were also fielded at varying personal property and liability coverage levels for comparison.
Compare California condo insurance rates with other states
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