Our editorial team analyzed regional and national home insurance companies that sell policies in San Diego to assess which offer the best rates, coverage options, customer service, and savings to homeowners. We prioritized competitive rates, 24/7 customer service, homeownership discounts or bundling options, and specialty or supplemental coverages.
The average annual cost of home insurance in San Diego is $1,656 for a policy with $300,000 in dwelling coverage and a $1,000 deductible. This is much lower than the national average of $2,584 for the same amount of coverage.
San Diego is at risk for several natural disasters, including wildfires and earthquakes. Though standard homeowners insurance policies typically cover wildfires, some insurers have ceased wildfire coverage in high-risk areas. Some California insurance companies have declined to renew and pulled back home coverage in the Golden State due to the high risk and rising costs.
Here’s the information you need to compare homeowners insurance policies in San Diego.
Best home insurance companies in San Diego
San Diego homeowners have many quality home insurance companies in the area to select coverage from. The best home insurance company for you will depend on your specific situation, needs, and budget.
Best company for fire coverage: Chubb
Best company for cheap rates: Allstate
Best company for military members: USAA
Cheapest home insurance companies in San Diego
San Diego homeowners pay an annual average of $1,656 for a policy with $300,000 in dwelling coverage and a $1,000 deductible. Allstate Insurance offers the cheapest home insurance rates in San Diego, with an average annual rate of $638.
Here are some of the cheapest home insurance companies in San Diego, California.
How much is home insurance in San Diego?
The average cost of home insurance in San Diego is $1,726 for a policy with $300,000 in dwelling coverage with a $500 deductible and $1,656 for a policy with a $1,000 deductible, according to Insurify data. Premiums can vary based on factors like your ZIP code, deductible, the insurance company you choose, and the type of coverage you want.
Cost of home insurance by dwelling coverage in California
California homeowners pay an annual average of $1,965 for a home insurance policy with $300,000 in dwelling coverage and a $1,000 deductible. If you want a higher level of dwelling coverage, your premiums will increase. To determine how much dwelling coverage you need, consider how much it would cost to rebuild your home if it was a total loss.
Below, you can compare average annual premiums by dwelling coverage limit.
Cost of homeowners insurance by deductible amount
A home insurance deductible is an out-of-pocket amount you have to pay before your homeowners insurance kicks in after you make a claim. Choosing a lower deductible will result in higher monthly premiums. A higher deductible will lower your monthly premiums. It’s important to choose a deductible amount that you can afford to pay if you need to make a claim.
Compare the average cost of coverage for a policy with $300,000 in dwelling coverage by deductible amount.
Average cost of home insurance in other cities in California
The cost of home insurance can vary between cities and even different ZIP codes within a city. Crime rates, distance to a fire station, and varying weather events where you live are some of the factors that influence premiums. For instance, while all areas of California are at risk of an earthquake, cities in Southern California — including San Diego and Los Angeles — have the highest level of risk in the entire nation.
Compare average annual premiums for home insurance with $300,000 in dwelling coverage and a $1,000 deductible below.
What to know about owning a home in San Diego
If you have a home in San Diego, you likely know about the city’s main climate risks. With the risk of earthquakes, wildfires, and drought, you might find it more expensive or more difficult to secure home insurance in San Diego than in other cities and states.
San Diego home insurance FAQs
Finding affordable home insurance in San Diego can feel challenging due to the earthquake and wildfire risks. The following information can help you secure affordable homeowners insurance in this high-risk area.
The average annual cost of home insurance in San Diego for a policy with $300,000 in dwelling coverage and a $1,000 deductible is $1,656. For a policy with a $500 deductible, San Diego residents pay $1,726 annually, on average. But you may want to consider purchasing an earthquake insurance policy for an added cost.
Allstate offers the cheapest homeowners insurance in San Diego, with an annual average premium of $638 for $300,000 in dwelling coverage, according to Insurify data.
In California, the average cost of a home insurance policy with $500,000 in dwelling coverage and a $1,000 deductible is $2,855 annually. The cost of homeowners insurance on a $500,000 house will vary based on several factors, including the type of insurance you choose, the age of your home, your ZIP code, and your deductible.
The 80/20 rule indicates the amount of coverage you should buy if you want your insurance company to cover the full replacement cost of your home. If you don’t insure your home for at least 80% of its replacement cost, your insurance company might not cover the full amount of your claim.
Many quality home insurance companies are still writing policies in California, including Chubb, Allstate, and USAA.
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