Menu
Contact Us Search
CA Department of Insurance

Updated online price comparison tool helps homeowners find lower insurance rates

News: 2016 Press Release

For Release: July 6, 2016
Media Calls Only: 916-492-3566
Email Inquiries: cdipress@insurance.ca.gov
Updated online price comparison tool helps homeowners find lower insurance rates

SACRAMENTO, Calif. — To get lower insurance rates consumers need to shop around, which is why Insurance Commissioner Dave Jones is encouraging Californians to take advantage of the department's easy to use online tool that helps consumers shop and compare rates before buying homeowners, condominium, renters, mobile homes, or earthquake insurance.

The homeowners insurance comparison tool is designed to take some of the guesswork out of shopping for insurance by allowing consumers to quickly and easily make comparisons of rates from both national and local insurance companies.

"The best coverage decisions are informed ones. Consumers know the large insurers that advertise, but they may not be aware of local insurers who may offer a lower price," said Commissioner Jones. "The online comparison tool helps consumers understand their options and find the coverage and features offering the best protection and cost to meet their needs. Often, it pays to shop around."

While this tool does not provide actual premium quotes, it does provide each company's average premium and a toll-free number and website address for consumers to ask questions about available discounts or credits and receive an actual premium quote. The tool also includes a link to the specific company's performance based on the consumer complaint study.

Consumers enter their county and nearest city, type and amount of coverage, and age of the home to compare estimated premiums. Homeowners should compare prices for various insurers along with the coverage features, limits, and exclusions.

Using this tool, a couple in Sacramento shopping to insure their apartment with a $35,000 renter insurance coverage plan and a $250 deductible might find their premium options range from $125 to $583, with an average price of $307. Compare this to a family in Folsom shopping to insure their 15 year-old home with a $400,000 homeowner insurance coverage plan and a $1,000 deductible who might find their premium options range from $663 to $2,095, with an average price of $1,145.

# # #

Media Notes:

  • For a three-year-old home in Plumas, a $250,000 homeowner insurance coverage plan with a $500 deductible, the premium would range from $411 to $2,197, with an average price of $825.
  • In Sierra County, for a 25-year-old home in Loyalton, a $150,000 homeowner insurance coverage plan with a $500 deductible, the premium would range from $316 to $2,454, with an average price of $752.
  • In Nevada County, for a 15-year-old home in Grass Valley, a $200,000 homeowner insurance coverage plan with a $500 deductible, the premium would range from $404 to $2,006, with an average price of $853.
  • In Yuba County, for a condominium in Marysville, a $25,000 condominium insurance coverage plan with a $250 deductible, the premium would range from $88 to $331, with an average price of $203.
  • In Placer County, for an apartment in Lincoln, a $35,000 renter insurance coverage plan with a $250 deductible, the premium would range from $118 to $508, with an average price of $271.
  • For a 15-year-old home in Sutter, a $250,000 homeowner insurance coverage plan with a $1,000 deductible, the premium would range from $426 to $2,741, with an average price of $874.
  • For 15-year-old home in Colusa, a $250,000 homeowner insurance coverage plan with a $500 deductible, the premium would range from $521 to $3,054, with an average price of $1,016.
  • In Yolo County, for an apartment in Davis, a $50,000 renter insurance coverage plan with a $250 deductible, the premium would range from $134 to $700, with an average price of $336.
  • In El Dorado County, for a 25-year-old home in Placerville, a $250,000 homeowner insurance coverage plan with a $1,000 deductible, the premium would range from $489 to $1,778, with an average price of $920.
  • In Solano County, for an apartment in Fairfield, a $15,000 renter insurance coverage plan with a $250 deductible, the premium would range from $109 to $329, with an average price of $191.
  • In San Joaquin County, for an apartment in Stockton, a $50,000 renter insurance coverage plan with a $250 deductible, the premium would range from $138 to $700, with an average price of $355.
  • For a 15-year-old home in Amador, a $150,000 homeowner insurance coverage plan with a $500 deductible, the premium would range from $318 to $2,199, with an average price of $722.
  • For 15-year-old home in Calaveras, a $300,000 homeowner insurance coverage plan with a $500 deductible, the premium would range from $634 to $2,490, with an average price of $1,172.
  • In Stanislaus County, for a 15-year-old home in Modesto, a $200,000 homeowner insurance coverage plan with a $500 deductible, the premium would range from $323 to $2,196, with an average price of $750.
  • In Tuolumne County, for an apartment in Sonora, a $25,000 renter insurance coverage plan with a $250 deductible, the premium would range from $106 to $457, with an average price of $239.
  • Homeowner Insurance Rate Comparison Tool
  • Homeowners Insurance Rate Comparison Infographic
  • If you cannot get homeowners insurance you may obtain fire coverage through the FAIR Plan. Please ask your agent or contact the FAIR Plan for assistance.
  • A toll-free telephone number and/or web address for each company is provided so consumers who are interested can request an actual premium quote that specifically addresses their insurance needs.
  • Each company has provided optional coverages, available discounts and/or credits, and footnotes (explanations), which may impact insurance premiums.
  • The California Department of Insurance does not endorse or recommend any particular company.


The California Department of Insurance, established in 1868, is the largest consumer protection agency in California. Insurers collect $289 billion in premiums annually in California. Since 2011 the California Department of Insurance received more than 1,000,000 calls from consumers and helped recover over $394 million in claims and premiums. Please visit the Department of Insurance web site at www.insurance.ca.gov. Non-media inquiries should be directed to the Consumer Hotline at 800.927.HELP or 213.897.8921. Telecommunications Devices for the Deaf (TDD), please dial 800.482.4833.

Font Size: Translate: Español