The average cost of homeowners insurance in Los Angeles is $2,021 per year or $168 a month. That’s around 29% higher than the California statewide average of $1,565 per year, and about 6% higher than the national average.
However, you could very well see an increase in rates this year due to many California carriers no longer insuring homes in certain parts of the state or leaving the state's home insurance market altogether.
An uptick in home-threatening wildfires, state government regulations that force insurers to take on more risk when writing policies, and ongoing issues with the supply chain has brought the home insurance crisis in California to a tipping point, making it very difficult for homeowners to find the coverage they need.
If you're struggling to purchase home insurance through one of the top companies featured in our guide, you might want to look into the California FAIR Plan — a state-mandated program designed as a last-resort option for homeowners struggling to find coverage on the private market.
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However, cost isn’t the only factor to consider when choosing a home insurance company. Not sure what to look for? Policygenius can help you figure out your coverage needs and compare quotes from multiple top companies in Los Angeles.
Best homeowners insurance companies in Los Angeles
Of the companies we evaluated, Allstate has the lowest rate in Los Angeles, with an average policy cost of $818 per year — over 50% cheaper than the citywide average. Average annual rates for USAA, AAA, State Farm, and Mercury are also less than the city average.
Looking at the largest companies in Los Angeles by market share, Policygenius analyzed the latest rate data from Quadrant Information Services to find the average cost of homeowners insurance with each company in 2022. We then looked at 2021 J.D. Power customer satisfaction scores and compared that with the coverage needs of Los Angeles residents to find the best homeowners insurance in Los Angeles.
Company | Average yearly cost | J.D. Power Rating |
|---|
State Farm | $1,216 | 835 |
Farmers | $1,844 | 813 |
AAA | $1,225 | 834 |
USAA | $968 | 882 |
Mercury | $983 | -- |
There's a reason State Farm is one of the top-rated insurance companies in the U.S. — its customer satisfaction ratings are through the roof, it offers a slew of coverage add-ons for full protection, and makes filing claims through its mobile app a breeze.
Pros
Top-tier coverage add-ons, including equipment breakdown, water backup, and service line coverage
Get up to $1 million in personal liability coverage
Score discounts for bundling, installing security devices, and choosing a high deductible
File and track claims online, over the phone, in person, or through its mobile app
High customer satisfaction and financial strength ratings
Cons
Why State Farm tops our best list
State Farm’s score of 835 out of 1,000 in J.D. Power’s 2021 home insurance study makes it one of the highest home insurance providers in Los Angeles. While it’s one of the more pricey companies in our analysis, its $1,216 average annual premium is still a great deal cheaper than the $2,021 citywide average.
How to get a quote
Online through State Farm
Farmers is one of the largest and most reputable home insurance providers in the industry, offering special discounts for teachers, nurses, first responders, and non-smokers — plus the option to rebuild your home with green materials after a claim.
Pros
Several discounts and unique ways to save, including claim forgiveness and declining deductibles
3 flexible coverage packages with varying levels of protection for most coverage and budget needs
Offers extended and guaranteed replacement cost coverage options
File claims online, via text, on its mobile app, or by calling its claims center
Cons
Rates are typically more expensive
Below-average customer satisfaction ratings
No repair network to help you find a certified contractor or repair professional after filing a claim
Why Farmers tops our best list
Farmers’ $1,844 average annual premium is the highest of any company in our analysis, but that’s still less than the LA average of $2,021.
Homeowners insurance policies with Farmers come with rate savings features not offered through most providers, such as premium rebates if you go a certain number of years without filing a claim.
We also love its “declining deductibles” feature, where Farmers will subtract $50 from your deductible each year you’re a customer — without it impacting your rate. While the upfront savings may not always be there, Farmers finds creative ways to put money back in your pocket.
How to get a quote
While AAA is mostly known for its auto insurance and roadside assistance, it also offers a comprehensive home insurance policy — complete with flood and earthquake insurance add-ons and multiple discounts. But you'll need to be a AAA member to qualify.
Pros
Multiple perks and discounts for AAA members
Save up to 10% on auto insurance and 25% on home insurance if you combine the two under a companion policy
Offers flood and earthquake coverage so you don't have to purchase separate policies elsewhere
Excellent customer service ratings
Cons
Why AAA tops our best list
AAA Club of Socal is mostly known for its auto insurance and roadside assistance services, but it’s also a highly rated home insurance provider. In addition to its cheap premiums, AAA scored an 834 out of 1,000 in J.D. Power’s 2021 home insurance study — among the highest of any company that was evaluated.
One thing to keep in mind is AAA membership is required for coverage, so you’ll need to pay a membership fee in addition to your home or car insurance premium.
How to get a quote
Online through AAA
USAA's robust coverages and high marks for customer service and claims satisfaction make it a solid home insurance option for military members and their families.
Pros
Score discounts for zero claims, being a loyal USAA member, opting into e-billing, and more
Base policy includes coverages that cost extra with most other companies
Offers earthquake coverage — which is hard to come by
Get discounted home security systems and a discount on premiums through its partnership with ADT
Industry-best customer service and claims satisfaction ratings
Cons
Why USAA tops our best list
USAA stands out for its high customer satisfaction score with J.D. Power and its cheap home insurance premiums. A policy with $300,000 in coverage costs around $968 per year — over 50% cheaper than the average rate in LA. One major perk of insuring your house with USAA is it offers earthquake protection as a policy add-on, sparing you from having to purchase separate earthquake insurance.
How to get a quote
Online through USAA
Mercury provides customizable coverage and a several additional coverage options across three comprehensive policy tiers.
Pros
Flexible and robust policy options
Excellent bundling discount
Industry-best digital shopping ratings
Cons
Why Mercury tops our best list
Mercury's $983 average annual premium is the second cheapest in our analysis. Mercury gives you even more opportunities to save with several available discounts, including up to 15% off your rates when you bundle your home and auto insurance.
While the California-based insurer is known primarily for its excellent multi-policy packages, it's the company’s digital tools that make it one of the best home and auto insurers in the game. Mercury scored an 821 out of 1,000 in the shopping segment of J.D. Power’s 2021 digital experience study — the highest score of any company in the analysis. The study measures insurers’ desktop website, mobile website, and mobile apps based on factors like ease of navigation and clarity of information.
How to get a quote
Online through Policygenius or Mercury
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The most affordable areas for homeowners insurance in Los Angeles
Thinking of moving? You might want to consider one of these neighborhoods in Los Angeles with the most affordable homeowners insurance rates.
ZIP code | Average yearly cost |
|---|
90732 | $1,592 |
90731 | $1,600 |
90066 | $1,747 |
90045 | $1,756 |
90292 | $1,763 |
The most expensive areas for homeowners insurance in Los Angeles
Homeowners in these LA neighborhoods pay the most for home insurance across the city.
ZIP code | Average yearly cost |
|---|
90134 | $2,347 |
90046 | $2,162 |
90077 | $2,149 |
90071 | $2,128 |
90008 | $2,127 |
Shopping for homeowners insurance in Los Angeles
When you shop for homeowners insurance, you’ll want to make sure the coverage amounts in your quote reflect your actual coverage needs. That way, you’ll know you’re getting an accurate coverage and rate comparison.
In this section, we break down the average annual home insurance rates in Los Angeles for different coverage and deductible levels, as well as the cheapest and most expensive home insurance companies in LA for dog owners, pool owners, and individuals with poor credit scores.
Los Angeles home insurance costs by coverage amounts
Dwelling coverage is the part of your homeowners insurance that covers your home itself from covered losses, such as a fire or windstorm. Your coverage limit should equal your home’s replacement cost, or the amount it would take to rebuild your house from the ground up.
As the table below highlights, more dwelling coverage typically means higher homeowners insurance rates.
Dwelling coverage amount | Average yearly cost |
|---|
$100,000 | $677 |
$200,000 | $1,112 |
$300,000 | $1,570 |
$400,000 | $2,014 |
$500,000 | $3,781 |
Personal liability coverage is the section of your homeowners insurance that pays for legal or medical bills if someone is injured or their property is damaged and you’re found legally responsible.
In other words, if a visitor is injured at your home and they require surgery or other medical attention, liability coverage may cover the costs. This coverage is also meant to cover expensive litigation in the event the injured party decides to sue, so you’ll want enough liability coverage to cover the value of all of your assets.
As highlighted in the table below, more liability coverage generally means a higher home insurance premium.
Liability coverage amount | Average yearly cost |
|---|
$100,000 | $1,520 |
$200,000 | $1,575 |
$300,000 | $2,021 |
$400,000 | $1,996 |
$500,000 | $2,050 |
Los Angeles home insurance costs by deductible amount
Your deductible is the amount you’re responsible for paying toward a covered loss when you file a claim. A higher one means lower premiums, but it also means you’ll need to pay more out of pocket when you file a claim.
In LA, you can save over $1,100 a year on home insurance when you choose a $2,000 deductible over a $500 one.
Deductible amount | Average yearly cost |
|---|
$500 | $2,387 |
$1,000 | $2,021 |
$2,000 | $1,203 |
Home insurance discounts in Los Angeles
You may be eligible for discounts if your house has certain safety features — like fire alarms or security systems — since these reduce your chances of having to file a claim.
The average discount for deadbolts and smoke alarms on a house with $300,000 in dwelling coverage is 0.25% and 0.39%, respectively. This means you’re not likely to see big rate savings if your house has these features and nothing else. With an average discount of 3.4%, burglar alarms provide a slightly larger discount for Los Angeles homeowners.
Discount | Average yearly cost |
|---|
Dead bolt | $2,016 |
Smoke alarm | $2,013 |
Burglar alarm | $1,952 |
Home insurance companies in Los Angeles for dog owners
Certain dog breeds are responsible for most dog bite liability claims, so some insurance companies will charge you higher premiums if you have a so-called aggressive dog breed. Some major insurance companies may even exclude the dog from coverage or deny you coverage altogether if your dog is one of these breeds.
Here is the average yearly policy cost from the largest insurance companies in Los Angeles for a homeowner who owns a dog breed that’s considered aggressive. USAA has the lowest average rates, while Farmers has the highest rates.
Company | Average yearly cost |
|---|
USAA | $968 |
Mercury | $983 |
State Farm | $1,216 |
AAA | $1,225 |
Farmers | $1,844 |
Home insurance companies in Los Angeles for pool owners
Having a pool increases your home’s dwelling coverage limit and it’s also a liability risk — both of which can increase your home insurance premiums.
In Los Angeles, owning a pool can increase your home insurance premium an average of $38 per year, according to our analysis. USAA has the lowest average rates for a Los Angeles home with a pool, while Farmers has the highest rates.
Company | Average yearly cost |
|---|
USAA | $968 |
Mercury | $1,154 |
State Farm | $1,216 |
AAA | $1,225 |
Farmers | $1,844 |
How to buy homeowners insurance in Los Angeles
Once you’re ready to shop, a Policygenius expert can help you navigate your coverage needs and quotes to help you find the best deal on homeowners insurance in Los Angeles.
5 simple steps to buying home insurance in Los Angeles
Reach out to a licensed Policygenius agent. One of our home insurance experts can help you nail down the type of coverage you need, how much is necessary, and compare quotes from multiple companies — all for free with no impact to your credit score.
Ask if you should consider wildfire, flood, or earthquake coverage. If you live in an area of Los Angeles prone to wildfires, such as Bel Air or certain parts of East LA, it might be difficult to find a private insurance provider willing to cover you. A Policygenius expert can help you decide if nonstandard insurance options like the California FAIR Plan is right for you. Standard home insurance policies don’t cover flooding from natural disasters or earthquakes, you’ll also want to ask your Policygenius agent about your coverage options if you live in areas with a high risk of either of these hazards. Learn about flood insurance in California and how it works.
Calculate how high of a deductible you can afford. Since the average cost of homeowners insurance in Los Angeles can be over $1,000 cheaper if you choose a higher deductible, ask your Policygenius agent to help you choose one that works for your budget.
Compare your Policygenius quotes. Once you’ve nailed down your coverage needs, limits, and deductibles, your Policygenius agent will send along a few quotes from different companies. They’ll walk you through the pros and cons of each to help you choose the company that makes the most sense for your needs.
Sign your policy and pay your first premium. After you’ve chosen the company for you, your Policygenius agent will fill out all of the paperwork for you. They’ll even help you switch insurers if you already have a policy with a different company. The last thing you’ll have to do is sign on the dotted line and pay your first premium. Then you can rest easy knowing your home, belongings, and family are protected in case the unthinkable happens.
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Frequently asked questions
What is the average home insurance cost in Los Angeles?
The average cost of home insurance in Los Angeles is roughly $168 a month. That’s about $38 more per month than the statewide average.
How much does earthquake insurance cost?
Earthquake insurance in Los Angeles can cost anywhere from a few hundred to a few thousand dollars per year. Premiums largely depend on your home’s location, your home’s construction type, and your deductible amount. You can learn more with our guide to California earthquake insurance.
Do most Californians have earthquake insurance?
While earthquakes disproportionately impact California homeowners compared to those in other parts of the country, only around 13% of Golden State residents have earthquake insurance, according to the California Earthquake Authority (CEA). Around 21% of LA and Orange County residents have some form of earthquake coverage, according to the CEA.
Methodology
Policygenius has analyzed home insurance rates provided by Quadrant Information Services in March 2022 for ZIP codes in all 50 states plus Washington, D.C., for a 40-year-old female homeowner with no claim history, good credit, a $1,000 deductible, and the following coverage limits:
Dwelling: $300,000
Other structures: $30,000
Personal property: $150,000
Loss of use: $60,000
Liability: $300,000
Medical: $1,000
All rates based on the above coverage limits except where otherwise noted.
Some carriers may be represented by affiliates or subsidiaries. Rates provided are a sample of costs. Your actual quotes may differ.
