How much should homeowners insurance cost in California?

How much should homeowners insurance cost in California?

The average cost of homeowners insurance in California is $1,273 per year, or $106 per month. That’s less than the national average of $1,765. NerdWallet analyzed rate and policy information from 32 companies to determine the cheapest and best insurance options in California. Mar 16, 2022

Is home insurance mandatory in California?

Types of California Homeowners Insurance Unlike California car insurance, homeowners insurance isn’t required by law in the state.

Do I have to have homeowners insurance in California?

Theresa Simes, a Farmers Insurance® agent in Fountain Valley, California, discusses the need for home insurance. A: Home insurance isn’t required by law, but there are other reasons to insure your home. If you have a mortgage on it, your lender will require you to have insurance until the loan is paid off.

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