How much is home insurance in Los Angeles, CA?
The average cost of homeowners insurance in Los Angeles varies depending on the coverage level you choose. Homeowners insurance costs $1,170 per year for dwelling coverage of $200,000 and $1,583 for $300,000 of dwelling coverage.
Below are the average annual and monthly Los Angeles home insurance rates for different amounts of dwelling coverage.
Note: For the above rates, the deductible amount is $1,000 and liability protection is $100,000.
Cheapest homeowners insurance companies in Los Angeles
According to an Insurance.com analysis, Allstate is the cheapest home insurance company in Los Angeles with an average annual rate of $781. The following table shows the cheapest home insurance companies in Los Angeles.
Allstate, however, has stopped writing new policies in California, so unless you are already a customer, you will have to look at other companies on the list and consider the companies that are best for high-risk home insurance in California. CSAA is the second-cheapest company at $948 a year.
Price is an important consideration when shopping for home insurance, and the cost of home insurance in Los Angeles varies a lot by company. While rates matter, it’s also important to look at each company’s reputation before you buy, starting with our best home insurance companies list.
Company | Average annual rate | Average monthly rate |
---|---|---|
Allstate | $781 | $68 |
CSAA Insurance (AAA) | $948 | $79 |
Travelers | $1,294 | $108 |
Auto Club Enterprises (AAA) | $1,338 | $111 |
USAA | $1,418 | $118 |
State Farm | $1,516 | $126 |
Mercury Insurance | $1,530 | $127 |
Nationwide | $1,762 | $146 |
Farmers | $2,180 | $182 |
Homeowners insurance cost in Los Angeles by credit rating
The average home insurance cost for homeowners is $1,583 per year for dwelling coverage of $300,000, based on our data analysis. In California, credit scores do not directly affect homeowners insurance rates due to state regulations prohibiting the use of credit-based insurance scores for setting insurance premiums. It means that, unlike many other states, your credit history won't impact the cost of your homeowners insurance.
In states where credit scores influence homeowners insurance costs, individuals with lower credit scores often face higher premiums.
Will homeowners insurance rates in California go up?
We anticipate and increase in California homeowners insurance rates in the near future. Homeowners rate increases were already underway before the destructive wildfires of January, 2025. Insurance companies have filed and been approved for big rate hikes, and changing laws allow the companies to take climate change data into consideration when setting rates.
The massive losses expected from the Palisades, Eaton and other recent wildfires are likely to push rates even higher as insurance companies price coverage to reflect the high risk.
How can I get coverage in a high-risk wildfire area?
If you're in a high-risk wildfire area, which includes most of Los Angeles, you may have trouble getting homeowners insurance. If you can't find coverage on the private market, you can turn to the California FAIR plan, which provides last-resort coverage to homeowners who have been turned down on the open market.
Methodology
Insurance.com compared homeowners insurance rates provided by Quadrant Information Services in 2023 for around 29,000 cities in all states and Washington D.C for $200,000 and $300,000 in dwelling coverage with $100,000 in liability and a $1,000 deductible. The rates were analyzed for almost 34,000 ZIP codes for those with good credit ratings. Content has been updated in 2025.
Sources:
California Department of Insurance. "Commissioner Lara protects insurance coverage for Southern California residents." Accessed January 2025.