In Moreno Valley, 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 choosing the best cheap home insurance depends on your individual needs, such as budget, coverage options and customer satisfaction preferences.
Best and Cheapest Home Insurance in Moreno Valley, CA (2024)
Updated: November 29, 2024
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Best HomeInsuranceMoreno Valley, Table of Contents
Best Overall - Auto-Owners Insurance
Best for Service - Erie
Best Cheap - Auto-Owners Insurance
Cheapest Overall - Allstate
Cheapest for High-Value Homes - Allstate
Cheapest for New Homes - Farmers
Why Trust MoneyGeek? We used data from California's Department of Insurance and Quadrant Information Services to find the best homeowners insurance in Moreno Valley.
Home insurance premiums in Moreno Valley correspond to the most competitive estimates available as of September 2024.
2,730,240Quotes Analyzed
8Companies Compared
Overview: Best Home Insurance Companies in Moreno Valley, CA
Allstate is the best option in Moreno Valley, California, for home insurance with 100K dwelling coverage, scoring 83 out of 100 on the MoneyGeek scale. The scores for home insurance companies in Moreno Valley, California, range from 55 to 83. These figures reflect MoneyGeek's scoring system — insurers may receive different scores based on factors like your credit history and the age of your home.
Data filtered by:Results filtered by:
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Category:Best Overall
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Coverages:1 - $100K Dwelling
| Allstate | 83 | $366 |
| Travelers | 80 | $582 |
| Farmers | 78 | $523 |
| Chubb | 77 | $846 |
| Nationwide | 64 | $960 |
| Capital Insurance Group | 55 | $702 |
| State Farm | 55 | $1,176 |
Overall Best Home Insurance in Moreno Valley, CA
Allstate is the best option for home insurance in Moreno Valley, California, for $100K dwelling coverage. The two best overall home insurance companies are:
- Allstate: MoneyGeek score of 83 out of 100 ($366 per year)
- Travelers: MoneyGeek score of 80 out of 100 ($582 per year)
Allstate stands out as the best home insurance provider primarily due to its affordability and high MoneyGeek score, which reflects its impressive mix of cost-effective coverage and customer satisfaction.
In Moreno Valley, California, many insurance options exist with different costs and experiences. While cost is essential, other factors like customer service and coverage details are equally crucial, especially when you need to make claims.
Best OverallAllstate
MoneyGeek Score:
83/ of 100
Overview
Allstate scores high with MoneyGeek due to its affordability and customer satisfaction. It offers comprehensive home insurance coverage with cyber event/ID theft and back-up of sewer or drain. You can save with discounts like responsible payment for paying on time and early payment for signing up early.
Allstate provides useful coverages like cyber event/ID theft, which helps if your identity is stolen. Back-up of sewer or drain covers water damage from drains. Home business property increases limits for business items at home.
Best Home Insurance for Customer Service in Moreno Valley, CA
Chubb offers the best customer service in home insurance in Moreno Valley, California, for 100K dwelling coverage. The top two providers for $100K dwelling coverage are:
- Chubb: MoneyGeek score of 96 out of 100 ($846 per year)
- Nationwide: MoneyGeek score of 81 out of 100 ($960 per year)
Chubb stands out as the best choice because it excels in customer satisfaction. This makes it a reliable option for homeowners seeking quality service. With Chubb, you get high-rated customer service at a competitive price.
Best for Service QualityChubb
MoneyGeek Score:
96/ of 100
Overview
Chubb scores high on customer satisfaction and coverage, making it a top choice. It offers rare coverages like guaranteed replacement cost and building ordinance or law, providing comprehensive home insurance. Discounts such as new home and home renovation help you save money. For example, you can get a discount if your home is less than 10 years old.
Chubb's coverage includes guaranteed replacement cost, which pays to rebuild your home even if costs exceed your policy limit. Building ordinance or law helps cover costs to bring your home up to current codes. Cash settlement offers a payout if you choose not to rebuild after a total loss.
Best Cheap Home Insurance in Moreno Valley, CA
Allstate is the best cheap home insurance option in Moreno Valley, California, for $100K dwelling coverage. The top two best cheap insurance providers are:
- Allstate: MoneyGeek score of 91 out of 100 ($366 per year)
- Travelers: MoneyGeek score of 82 out of 100 ($582 per year)
Allstate stands out due to its high affordability score, making it a budget-friendly choice. However, cheap home insurance often means lower coverage, which can save money but might not fully protect in case of an accident. In cases where saving on premiums is essential, considering the cheapest homeowner insurance companies can be helpful. Best cheap insurance differs from merely the cheapest by balancing cost with essential coverage needs.
Best CheapAllstate
MoneyGeek Score:
91/ of 100
Overview
Allstate scores high on affordability and satisfaction, making it a top choice for cheap home insurance. It offers comprehensive coverage with cyber event/ID theft and back-up of sewer or drain as add-ons. You can save with discounts like bundling, which offers up to 25% off when you combine home and auto policies.
Allstate’s cyber event/ID theft coverage helps if your identity is stolen, while back-up of sewer or drain protects against water damage. The bundling discount is great for saving money.
Estimate Your Moreno Valley Home Insurance Costs Online
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Rates updated:
Dec 23, 2024
Many factors, including location, affect homeowners insurance in Moreno Valley. The best way to save is by comparing rates, but it can take up to 15 minutes per company. Comparing three or more can mean over an hour of research. Use MoneyGeek's home insurance calculator for quick savings. Enter your age, dwelling coverage, credit score, deductible, and liability coverage to get an estimate.
Cheapest Home Insurance in Moreno Valley, CA
Allstate is the best option in Moreno Valley, California, offering affordable home insurance with top ratings.
- For 100K Dwelling Coverage: Allstate: $366 per year
- For 250K Dwelling Coverage: Allstate: $737 per year
- For 500K Dwelling Coverage: Allstate: $1,355 per year
Allstate stands out as the cheapest in Moreno Valley due to its low annual premium and highest score. Selecting the right dwelling coverage is a major factor in home insurance pricing. Allstate is not only affordable but also scores well, making it the top choice. Opting for cheap home insurance in California helps manage your finances better.
Data filtered by:Results filtered by:
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Coverages:$100K Dwelling
| Allstate | $366 |
| Farmers | $523 |
| Travelers | $582 |
| Capital Insurance Group | $702 |
| Chubb | $846 |
| Nationwide | $960 |
| State Farm | $1,176 |
Cheapest Home Insurance for High-Value Homes in Moreno Valley, CA
Allstate offers the most affordable home insurance for high-value homes in Moreno Valley, CA. High dwelling coverage is essential for homes that cost more to replace because home insurance costs rise with increased coverage needs.
- Cheapest for $750K Dwelling Coverage: Allstate: $1,993 per year
- Cheapest for $1M Dwelling Coverage: Allstate: $2,647 per year
Allstate stands out as the most affordable choice for homeowners in Moreno Valley, CA, offering considerable savings. Although Allstate is the cheapest, it is also highly rated, ensuring you receive good value without compromising essential coverage.
Data filtered by:Results filtered by:
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Coverages:1 - 750K dwelling
| Allstate | $1,993 |
| Travelers | $2,941 |
| Capital Insurance Group | $2,943 |
| Farmers | $3,967 |
| Nationwide | $4,923 |
| Chubb | $5,098 |
| State Farm | $5,697 |
Cheapest Home Insurance for New Homes in Moreno Valley, CA
Farmers as the most affordable choice for home insurance in Moreno Valley, California, for new homes.
- Cheapest for $100K Dwelling Coverage: Farmers: $246 per year
- Cheapest for $250K Dwelling Coverage: Allstate: $485 per year
- Cheapest for $500K Dwelling Coverage: Travelers: $837 per year
Farmers stands out for being the cheapest option in Moreno Valley based on its low cost for $100K dwelling coverage. However, this low price doesn’t always mean it’s the top choice based on overall service.
Data filtered by:Results filtered by:
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Coverages:1 - $100K Dwelling
| Farmers | $246 |
| Allstate | $271 |
| Travelers | $314 |
| Nationwide | $388 |
| Capital Insurance Group | $457 |
| State Farm | $588 |
| Chubb | $677 |
How to Find the Best Home Insurance for You in Moreno Valley, CA
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 Moreno Valley depends on your needs. Consider other factors apart from premiums, like coverage options, deductibles and customer service. Follow these steps to get the best cheap home insurance.
- 1
Evaluate Your Insurance Needs
Determine how much home insurance coverage you need based on the specifics of your home in Moreno Valley, CA. Consider rebuilding costs, personal property value and liability requirements.
- 2
Compare Different Providers
Research insurance companies in Moreno Valley, CA. Focus on those with strong financial health, positive customer feedback and a history of quality service.
- 3
Compare Coverage and Costs
Identify the necessary coverages and compare home insurance quotes. In Moreno Valley, CA, premiums for $100K dwelling coverage range from $366 to $702 annually.
- 4
Ask About Discounts
Inquire with each insurer about available discounts, such as for bundling policies, installing safety features or maintaining a claims-free record.
- 5
Increase Your Deductible
Opting for a higher home insurance deductible can reduce your premium. Ensure the deductible is manageable in case of a claim.
- 6
Improve Home Security
Enhance your home's security with systems and sturdy locks to potentially lower insurance costs by reducing risk.
- 7
Maintain Good Credit
A good credit score can impact your rates in Moreno Valley, CA. Pay bills on time and minimize outstanding debts.
- 8
Bundle Policies
Consider combining your homeowners insurance with other policies like auto insurance to potentially receive discounts and savings.
FAQ: Best Cheap Home Insurance in Moreno Valley, CA
The best cheap home insurance provider for you in Moreno Valley depends on your coverage needs and budget. Get answers to some of the most commonly asked questions about insurance rates in Moreno Valley, California.
How much is home insurance in Moreno Valley, California, on average?
Home insurance in Moreno Valley, California, costs an average of $576 annually.
What is the cheapest home insurance company in Moreno Valley, California?
The cheapest home insurance company in Moreno Valley, California, is Allstate with an annual premium of $366.
What is the best home insurance company in Moreno Valley, California?
The best home insurance in California for Moreno Valley 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.