What is the Average Home Insurance Premium in Orange County?
Residents of Orange County pay an average of 9.77% less for their home insurance than the rest of California.
The average cost for homeowners insurance in Orange County is $1,239.10 / year.
|Amount of Coverage||$200k||$300k||$400k||$500k||$750k||Average Cost|
How Does Orange County Compare in California?
Orange County ranks as the 9th least expensive county in California, out of all 58 counties. Here is how Orange County compares to other major counties in California:
Who are the Cheapest Home Insurance Companies in Orange County?
Based on average premium, here are the top 10 most and least expensive insurance companies in Orange County:
- Tokio Marine America
- Coastal Select Insurance Company
- General Insurance
- Mercury Insurance Group
- Western Mutual
- California Capital
- Bankers Standard
- Fireman’s Fund
- AIG Property & Casualty
- Foremost Insurance
- Liberty Insurance Corp
- Metropolitan Direct
Orange County Home Insurance Statistics
The expanded table below provides a comprehensive account of average premiums in cities across Orange County. It includes data from 24 major regions and for policy limits ranging from $200,000 – $750,000 in coverage. The table provides detailed insights into the most and least expensive cities for a wide range of coverage limits and the overall average.
**Data table can be sorted by clicking on the blue header sections**
Green = Below California Average
Red = Above California Average
|County / City||$200k||$300k||$400k||$500k||$750k||Average Cost|
|ORANGE ANAHEIM – Brookhurst Center||733.27||1022.82||1184.38||1454.82||1831.07||$1245.27|
|ORANGE ANAHEIM – Federal||730.97||1019.67||1180.91||1451.16||1829.40||$1242.42|
|ORANGE BUENA PARK||708.50||990.42||1150.01||1413.07||1775.06||$1207.41|
|ORANGE COSTA MESA||718.26||1005.91||1172.41||1439.73||1793.79||$1226.02|
|ORANGE FOUNTAIN VALLEY||724.91||1014.79||1181.49||1451.59||1810.28||$1236.61|
|ORANGE GARDEN GROVE||725.14||1011.50||1171.76||1440.22||1816.87||$1233.10|
|ORANGE HUNTINGTON BH||723.84||1014.19||1180.73||1449.80||1807.74||$1235.26|
|ORANGE LA HABRA||710.45||993.37||1156.78||1421.97||1786.41||$1213.80|
|ORANGE LAGUNA BEACH||739.58||1036.42||1217.95||1497.67||1852.50||$1268.82|
|ORANGE LAGUNA NIGUEL||742.52||1040.91||1225.30||1506.71||1869.09||$1276.91|
|ORANGE LAKE FOREST||736.75||1033.03||1211.95||1489.88||1849.02||$1264.13|
|ORANGE MISSION VIEJO||748.30||1048.60||1230.93||1512.88||1878.10||$1283.76|
|ORANGE NEWPORT BEACH||719.13||1007.04||1171.59||1438.28||1789.45||$1225.10|
|ORANGE SAN CLEMENTE||739.58||1035.43||1213.37||1491.14||1861.58||$1268.22|
|ORANGE SANTA ANA – Centennial Park||736.33||1028.05||1191.76||1463.94||1842.40||$1252.50|
|ORANGE SANTA ANA – Logan Park||734.68||1025.11||1188.48||1460.54||1841.49||$1250.06|
|ORANGE YORBA LINDA||720.77||1008.62||1174.39||1445.30||1815.53||$1232.92|
Who Has the Cheapest Homeowners Insurance in Orange County?
With 54 California-admitted insurance carriers to choose from, premium rates are largely based on who is providing the coverage. The chart below shows that the average premium can range from $784.22 all the way to $2163.31 for the same coverage in the same city, just by changing carriers.
How Much Homeowners Insurance Coverage Do I Need in Orange County?
By law, none. Unlike driving a car, you can legally own a home in California without homeowners insurance.
However, if you have a mortgage or finance your home, your lender most likely will require you to carry some form of home insurance coverage to protect your home in case of damage cause by unforeseen circumstances, such as fires or natural disasters.
A standard homeowners policy will contain two parts. Part I provides you coverage for your property (A, B, C and D) while part II provides you liability coverage (E and F).
All other limits of coverage are typically determined by the standard percentages listed below:
|Coverage Component||Typical Limit of Coverage|
|Coverage A – Dwelling||You Chose|
|Coverage B – Other Structures||10% of Dwelling Coverage Limit|
|Coverage C – Personal Property||50% of Dwelling Coverage Limit|
|Coverage D – Loss of Use||20% of Dwelling Coverage Limit|
|Coverage E – Personal Liability||You Choose (Standard Minium $100,000)|
|Coverage F – Medical Payments||You Choose (Standard Minimum $1,000)|
Your insurance agent will usually have tools and resources to help you decide how much dwelling coverage to buy when you first get homeowners insurance. Ideally, your Coverage A limit should equal the full replacement cost of your home. Note that replacement cost and market value are not the same. The market value, which includes the price of your land will depend on the current real estate market.
What Is Covered By My Orange County Home Insurance Policy?
Coverage A – Dwelling coverage provides protection for your dwelling or primary structure and attached structures, like your garage, if they are damaged by a covered peril. See below for a list of commonly covered perils.
Coverage B – Other structures coverage provides protection to your structures or buildings on the premises that are not attached to the primary dwelling. Structures typically covered include tool sheds, back houses, detached garages, etc. This coverage is typically limited to 10% of your Coverage A limit. However, you can usually add more coverage for an additional premium.
Coverage C – Personal property coverage provides protection for the contents of your home and other personal belongings owned by you and other residents of the household. This coverage is typically limited to 50% of coverage A. Your personal property limits can be adjusted to established agreed upon values by you and the insurance company for an additional cost.
Personal property coverage typically has set limits on certain types of property that are especially susceptible to loss, such as:
- Fine Arts
If you own property listed above, you may want to consider scheduling these items separately. Scheduling your personal property will allow for additional limits of coverage for high-value items.
Coverage D – Loss of use coverage will help you with any additional living expenses if your home is damaged by a covered peril and you cannot live in your home. These expenses include, but are not limited to, temporary housing, meals, and warehouse storage. This coverage is typically limited to 20 percent of Coverage A.
Coverage E – Personal liability coverage will provide you protection in the event you or a resident of your household are legally responsible for injury to others. This coverage normally provides a defense and will pay damages, as deemed appropriate by the insurance company. Of course, there are exceptions. The liability coverage will not protect you in all situations, such as an intentional act. All of the exclusions and specific language can be found in your policy.
Coverage F – Medical payments to others coverage pays for reasonable medical expenses for anyone who is accidentally injured on your property. For example, if your neighbor is injured while helping you paint in your living room, the medical payments portion of your homeowner’s policy may pay for necessary medical expenses. medical payments coverage does not apply to your injuries or injuries of those who reside in your household and is not a substitute for health insurance. Business activities are also excluded. All of the exclusions and specific language can be found in your policy.