Updated: December 2, 2024
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In Los Angeles, California, Allstate is both the overall best and cheapest choice for home insurance. If customer service is your priority, however, Chubb is best. These companies cater to different needs, so we recommend choosing a provider based on what is important to you.
These companies cater to different needs, and choosing the best cheap home insurance depends on your budget, desired coverage and service quality.
Best HomeInsuranceLos Angeles, CATable of Contents
Why Trust MoneyGeek? We used information from the California Department of Insurance and Quadrant Information Services to find the top homeowners insurance in Los Angeles.
Home insurance premiums in Los Angeles represent the best estimates as of September 2024.
Allstate is the best option in Los Angeles, California, for home insurance with 100K dwelling coverage, achieving a MoneyGeek score of 83 out of 100.
The scores for home insurance companies in Los Angeles, California, range from 50 to 83. These figures reflect MoneyGeek's scoring system, where insurers may receive different scores based on factors like credit history and the age of your home.
| Allstate | 83 | $437 |
| Chubb | 82 | $813 |
| Farmers | 78 | $594 |
| Travelers | 75 | $762 |
| State Farm | 58 | $1,188 |
| Nationwide | 54 | $1,250 |
| Capital Insurance Group | 50 | $881 |
Allstate is the best option in Los Angeles, California, for $100K dwelling coverage. The two best overall home insurance companies in Los Angeles for $100K dwelling coverage are:
Allstate stands out as the best home insurance provider because it offers affordability and a good balance of coverage options, which are significant contributors to the MoneyGeek score.
In Los Angeles, California, there are a variety of companies with different cost and service experiences. While cost is a crucial factor, you should also consider customer service and coverage options as these factors become essential when making claims.
Allstate scores high on affordability and satisfaction, making it a top choice for home insurance. It offers comprehensive coverage with cyber event/ID theft and home business property options. You can save with discounts like bundle and responsible payment. Bundling home and auto policies can save you up to 25%.
Allstate provides useful coverages like cyber event/ID theft, which helps if your identity is stolen. Home business property coverage increases limits for business items at home. Energy efficiency upgrade covers replacing damaged items with energy-efficient ones. These coverages add value and protection for homeowners.
Chubb offers the best customer service in home insurance in Los Angeles, California for $100K dwelling coverage. Here are the top two providers:
Chubb stands out because of its top-notch customer satisfaction. A key factor in its high MoneyGeek score is the excellent coverage it provides for the price. This means you get good value without compromising on important benefits.
Excellent home insurance service means you get help when you need it most, from claims to customer support.
Chubb is the best for service quality, thanks to its high customer satisfaction and coverage scores. It offers comprehensive home insurance with guaranteed replacement cost and building ordinance or law coverages. You can save with discounts like new home and home renovation. For example, you get a discount if your home is less than 10 years old.
Chubb's coverages are valuable for homeowners. Guaranteed replacement cost helps rebuild your home even if costs exceed your policy limit. Building ordinance or law pays to update your home to current codes. Cash settlement lets you choose not to rebuild and still get a payout.
Allstate is the best cheap home insurance option in Los Angeles, California. The top two best cheap insurance providers for $100K dwelling coverage are:
Allstate stands out for its high affordability and customer satisfaction, making it a reliable choice for budget-friendly coverage. However, cheap home insurance often involves choosing lower coverage, which can hurt your finances if an accident happens. In instances where saving on premiums is a priority, considering the cheapest homeowner insurance companies may be beneficial.
What sets the best cheap home insurance apart from the cheapest is its value for money, balancing cost with the coverage that meets a homeowner's needs without being expensive.
Allstate scores high in affordability and customer satisfaction, making it a top choice for cheap home insurance. It offers comprehensive coverage with add-ons like cyber event/ID theft and back-up of sewer or drain. You can save with discounts like responsible payment, which rewards timely payments.
Allstate provides useful coverages like home business property, which protects business items at home, and yard and garden, which covers landscaping costs. These coverages are valuable for homeowners looking to protect their property and belongings.
MoneyGeek’s home insurance calculator will give you a ballpark estimate of your cost — it’s free, no personal information required, no spam.
Rates updated:
Dec 23, 2024
In Los Angeles, many factors, such as location, impact homeowners insurance. Comparing rates is the best way to save. However, it can take up to 15 minutes per company, meaning researching three or more could exceed an hour. MoneyGeek's home insurance calculator helps you save quickly by focusing on key factors. Enter your age, dwelling coverage, credit score, deductible, liability coverage and other details for a rate estimate.
Allstate offers the best deal for homeowners insurance in Los Angeles, California. The annual premium is the cheapest for $100,000 dwelling coverage and has a high Moneygeek score.
The company provides the most affordable homeowners insurance in Los Angeles, California, based on cost and high satisfaction. It also holds the top rank according to MoneyGeek scores. The key factor affecting home insurance rates is the dwelling coverage you select. Additionally, buying the cheapest homeowners insurance in California can aid in managing your budget effectively.
| Allstate | $437 |
| Farmers | $594 |
| Travelers | $762 |
| Chubb | $813 |
| Capital Insurance Group | $881 |
| State Farm | $1,188 |
| Nationwide | $1,250 |
Allstate offers the best option for high value homes in Los Angeles, California, when it comes to affordable dwelling coverage of $750,000. High dwelling coverage is essential for homes that cost more to replace, resulting in increased home insurance costs.
According to MoneyGeek, Allstate stands out as the cheapest homeowners insurance in Los Angeles because of its competitive pricing. This company is not only the most affordable but also ranks well based on other factors, making it a strong choice for many homeowners.
| Allstate | $2,315 |
| Capital Insurance Group | $3,691 |
| Travelers | $3,965 |
| Chubb | $4,941 |
| State Farm | $5,771 |
| Farmers | $6,089 |
| Nationwide | $6,463 |
Farmers is your best option for new home insurance in Los Angeles, California.
Farmers stands out in Los Angeles because of its low premium costs. However, the cheapest choice might not be the best for every person. Ensure you're adequately covered.
| Farmers | $279 |
| Allstate | $328 |
| Travelers | $406 |
| Nationwide | $497 |
| Capital Insurance Group | $572 |
| State Farm | $594 |
| Chubb | $647 |
The best cheap homeowners insurance providers balance quality and cost, offering great customer service and coverage with affordable premiums. The best cheap homeowners insurance in Los Angeles depends on your needs. Consider factors like coverage options, customer service, and financial stability. Follow these steps to get best cheap home insurance:
To determine how much home insurance coverage you need, consider the specifics of your home in Los Angeles, California. Think about rebuilding costs, personal property value and liability needs.
Research insurance companies in Los Angeles. Look for those with strong financial stability, positive customer reviews and a history of quality service.
After identifying your coverage needs, compare home insurance quotes. For $100K dwelling coverage in Los Angeles, California, premiums range from $437 with Allstate to $1,188 with State Farm annually.
Inquire with each provider about potential discounts, such as those for bundling policies, installing safety features or maintaining a claims-free record.
Opting for a higher home insurance deductible can reduce your premium. Ensure it's an amount you can comfortably pay if needed.
Enhancing home security with systems and strong locks can lower your insurance costs by reducing the risk profile of your home.
Keeping a good credit score can influence your insurance rates in Los Angeles, California. Pay bills promptly and lower outstanding debt.
Consider combining your homeowners insurance with other policies like auto insurance. This strategy can offer substantial discounts and savings.
Choosing the best cheap home insurance provider in Los Angeles depends on your coverage needs and budget. Get answers to common questions about affordable insurance rates in Los Angeles.
Home insurance in Los Angeles, California, costs an average of $601 annually.
The cheapest home insurance company in Los Angeles, California, is Allstate with an annual premium of $437.
The best home insurance in California for Los Angeles residents is provided by Allstate, with a MoneyGeek score of 83 out of 100.
About Mark Fitzpatrick
Mark Fitzpatrick is a Licensed Property and Casualty Insurance Producer and MoneyGeek's Head of Insurance. He has analyzed the insurance market for over five years, conducting original research and creating personalized content for every kind of buyer. He has been quoted in several insurance-related publications, including CNBC, NBC News and Mashable.
Fitzpatrick earned a master’s degree in economics and international relations from Johns Hopkins University and a bachelor’s degree from Boston College. He is passionate about using his knowledge of economics and insurance to bring transparency around financial topics and help others feel confident in their money moves.
