Pico Rivera, CA Homeowners Insurance Rate Quotes!

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Are you searching for a new Pico Rivera, CAhomeowners insurance policy? While price is always a factor, making sure you are fully covered by a reliable, national insurer is also important when properly protecting your home. A cut-rate policy could leave you on the hook for damages that are not covered.

We can help you find a great policy at an affordable price. Our California licensed agents are happy to walk you through the entire process and you can purchase a brand new policy without ever leaving your home.

All of our policies will fully protect you from damages caused by fire, wind, theft, vandalism, weather damage as well as other perils. We will take the time to review your coverage levels and make sure that all available discounts are applied to your policy. Insurers offer dozens of discounts and we will verify that you are getting more than just the standard home insurance discounts and credits such as bundling, smoke detectors, and monitored alarm systems.

In many cases, we can help you save up to 40% OFF your current Pico Rivera home insurance rate. Call 855-976-2656 or get quotes online and let our local home insurance agent help you today!

Average Homeowners Insurance Rates in Pico Rivera

The average Pico Rivera homeowners insurance policy cost around $918 per year or around $77 per month. Most standard homeowners policies are paid annually through your mortgage provider saved up each year through your escrow account. Rates for homeowners in Pico Rivera can be as high as $1,218 per year for a more expensive home in this area that cost more to replace or rebuild if a major peril was to occur. The best coverages are not always the cheapest but homeowners have been able to apply discounts and save more on their annual premium with rates as low as $668 per year.

Pico Rivera Home Insurance Coverage Types

Homeowners insurance comes in a variety of different types, each one designed for a specific type of home. Let’s have a quick look at a couple of different policy types that are available to you:

HO-3: This is the most common type of insurance policy and is considered the “standard” when it comes to homeowners insurance. These policies cover damage from all perils except those that are specifically excluded in the policy wording. Flood and earthquake damage are always excluded on a HO-3 policy (or any standard homeowners policy for that matter) so if you are in a flood prone area you will need a separate flood policy which we will be happy to help you put in place.

HO-8: These policies are designed to insure an older, more vintage home. Many older homes have very detailed, very expensive to replace features such as plaster walls, hand carved railings and even stained glass windows. In addition, they often come with ancient plumbing and electrical systems that require updating to meet code. These issues often make it difficult to find an insurer willing to write a HO-3 policy on these kinds of houses.

Due to all of these types of expenses, an HO-8 policy pays out an actual cash value, which takes deprecation into account. This can up your out of pocket costs when filing a claim but if you are living in or buying an older home, this may be your only option.

H0-4: These policies are designed for renters and more commonly referred to as renters insurance. A HO-4 policy will protect all of your personal property up to your policy limits and also offers liability coverage in the event that someone is injured in your apartment. This type of coverage is an extremely affordable and something you should definitely have in place.

Regardless of which type of policy you need, we can help you find a great policy at an affordable price. Our agents will help guide you through the entire process of shopping for a new policy and help you evaluate your current coverage to make sure you are fully protected. We will also do a full discount review to make sure you are receiving all available discounts.

Compare Homeowners Insurance Rates in Pico Rivera, CA!

Enter your Zip Code:    

Get up to 12 competitive Pico Rivera, CA homeowners insurance rates all in one place!

Enter your Zip Code:    
Easily compare up to 12 competitive Pico Rivera, CA rates all in one place!

Servicing Pico Rivera, California Home Insurance Quotes & Coverage

The carriers we offer for California homeowners have an "A+" A.M. Best rating and our Pico Rivera agents have been working with these carries since 2007. Our insurance experience provides the best service when it comes to working with you so we can provide a coverage plan that works best for you. Our California customers value our service and depend on us to help them with all of their insurance needs, that also includes auto and life insurance as well. As a homeowner in California shopping for online rates and coverage options can be a confusing task, that's why working with our Pico Rivera, CA agent will give you the outstanding service you need to find the coverage you can understand and afford. Our top rated carriers include Farmers, Safeco, First American, Travelers, Liberty Mutual, Chubb, Foremost, Pacific Select Property and many more. Because we know that homeowners insurance is not always about the lowest price, it's important to find affordable coverage that you know and trust. Take advantage of our online services and let us help you find the Pico Rivera, CA insurance coverage that you need. Submit an online home insurance quote today!

Average Rates Nearby Pico Rivera

Are you looking for homeowners insurance in a city near Pico Rivera? Review coverage options and average rates in your area by clicking your city below. We can help you shop home insurance rates!

Home Insurance Rates by Zipcode in Pico Rivera, CA

Easily review average rates and get multiple homeowners insurance quotes by clicking your zip code below located in Pico Rivera.

90660,     

Pico Rivera, CA Home Insurance Average Premiums

Local Pico Rivera, CA home insurance quotes comparison

$668 /yr.

Shows Pico Rivera's lowest average rates with discounts applied.

For the city of Pico Rivera, homeowners insurance rates may vary on deductible, coverage amount and property details. Below is a list of the averages based on the cost of an annual home insurance premium.

Coverage Amount:Annual Premium
1800 sq. ft. or below
(discounts applied)		$668 /yr.
Average Coverage:$918 /yr.
2600 sq. ft. or higher
(all discounts applied)		$1218 /yr.

What is the average home insurance cost for a home in Pico Rivera, CA?

  • • The average homeowners insurance premium paid annually for a home in Pico Rivera is around $918 per year.

What does it cost on average per month for home insurance in Pico Rivera, CA?

  • • Homeowners in Pico Rivera pay an average cost per month around $77.00 for insurance coverage.

Pico Rivera, CA Coastal Wind, Hail & Flood Information

Pico Rivera is located in a coastal county which greatly increases the risk of hurricanes and windstorms. Our quoting process will include wind and hail coverage options to give you the best protection you need against high winds and storm damage.

Flood Zone Notice: The beautiful coastal city of Pico Rivera is know for it's beautiful beaches and waterways. Because Los Angeles County (FIPS: 6037) has a shoreline and is in a coastal area it is important to purchase flood insurance. The risk is very high in this area and we will work with you to provide the best flood insurance coverage you need for your home in Pico Rivera, CA.

Pico Rivera, CA - 2023 Housing Information

Month Current Home Value (2023) Last Year Home Value (2022)
January $685,659 $645,998
February $677,454 $655,796
March $669,854 $667,147
April $666,078 $676,989

Homeowners insurance will help cover the cost to repair or replace your Pico Rivera home if it is damaged or destroyed by a covered peril, up to your coverage limits. A homeowners policy is made up of a few different coverages. Here are the most common coverages:

  • Dwelling: This coverage will pay to repair or replace the structure of your home if it is damaged or destroyed. Review and Calculate Replacement Cost Coverage in Pico Rivera
  • Liability: This coverage will help cover medical and legal bills if someone is injured in your home, slipping on an icy sidewalk for example. It also offers protection if you damage another person’s property, your child hitting a baseball through a neighbor’s window for example.
  • Contents: This covers the cost to replace your personal possessions that are destroyed by a covered peril. Furniture, electronics, clothing and household goods are excellent examples. Contents coverage is often capped at 50% to 70% of your dwelling coverage.
  • Other Structures: This coverage protects other structures on your property such as detached garages, outbuildings, barns, and sheds.
  • Loss of use: This covers everyday costs that you incur if you cannot live in your home while it is being repaired due to a claim. It will pay hotel and restaurant bills and even the cost of dry cleaning.
Enter your Zip Code:    

Get up to 12 competitive Pico Rivera, CA homeowners insurance rates all in one place!

Enter your Zip Code:    
Easily compare up to 12 competitive Pico Rivera, CA rates all in one place!

Saving Money Tips on Pico Rivera Home Insurance

A great way to save money on Pico Rivera homeowners insurance is to make sure you are getting all the discounts you are qualified to receive. Here are just a few of the most common discount’s insurers offer:

  • Bundling: If you purchase your home and auto (or any other insurance coverage) from the same insurer, you should get a bundling discount. Expect to save 20%-25%.
  • Secure your home: Adding a monitored security system, water leak sensors, deadbolts, and smoke detectors should result in a discount.
  • Impact resistant roof: If you are replacing your roof, consider impact resistant roofing materials which help prevent hail and impact damage as well as resulting in a significant discount.
  • Stay claim free: If you have been claim free for a number of years (five is a common requirement) your insurer should offer a claim free discount.

Are you shopping for the best rate near or wihin the Pico Rivera area? Check out what homeowners are paying on average for California homeowners insurance.

Elevation Review for Coastal Wind or Flooding Risk

Elevation Details Homeowners Tips
168 ft. This is the average home elevation in Pico Rivera, CA

» Elevation is crucial to a homeowners insurance policy because it determines the risk of your home being in a flood zone which is particularly important in a coastal state such as Pico Rivera, California.

A standard homeowners policy does not cover flood damage. If you live in a flood prone area, you will need to purchase a separate flood to fully protect your home.

Call Now for Flood Insurance Quotes: 888-620-1954!

Flood insurance can be purchased via the National Flood Insurance Program (NFIP) or in the private market. NFIP policies come with coverage caps and other restrictions so you may need to supplement your flood insurance coverage with a private market policy.

It's important to remember that flooding occurs in low and moderate risk areas as well. According to FEMA data, almost 25% of all flood claims come from low to moderate-risk areas.

To get online quotes on your home and compare rates on home insurance premiums in Pico Rivera, enter your zip code above and easily complete our online quoting application. Remember, it's important to speak with us about additional home insurance discounts so you can get the best rate for your home in Los Angeles County.

California Homeowners Insurance News & Information

  • 2024 Homeowners Insurance Outlook Receives Negative Rating Posted on Tuesday 21st November, 2023

    The insurance news for 2024 is certainly not great. Experts expect that extreme weather and increasing costs will push up insurance costs and make insurance companies more selective when deciding where they will write policies.  Recently, credit rating agency AM Best downgraded the entire home insurance industry from stable to negative. According to Richard Attanasio, […]

  • 2023 – California’s recent storms – Is my home covered by insurance? Posted on Tuesday 10th January, 2023

    California has recently been hit by a shocking amount of punishing winter weather that has triggered flooding as well as mudslides across vast areas of the state. The weather has led to evacuation orders as well as damaged homes. Unfortunately, for many homeowners, the damage may not be covered by their homeowners insurance.   In most […]

  • 2022 Future Housing Market Preview by Fed Chairman Powell Posted on Friday 1st July, 2022

    Many of us are concerned about how the housing market will fare as interest rates head up and a looming recession takes hold. Will home values crash as they did during the Great Recession or will they simply stop rising and settle in at their current values.  While no one can predict the future, Fed […]

  • Homeowners Prepare for Rate Increases Later This Year Posted on Monday 27th June, 2022

    In most states, home insurance rates are headed up this year and homeowners should be prepared for further rate increases before the end of the year. According to a recent S&P Global Market Intelligence report, over 177 insurance carriers have filed requests for rate increases in 43 states, Arizona alone has seen 34 rate increase requests. […]

  • California Proposes Insurance Discounts for Wildfire Mitigation Posted on Thursday 21st April, 2022

    Recently, the California Insurance Commissioner Ricardo Lara proposed a regulation that would not only stop insurance companies from overcharging homeowners who have done wildfire mitigation to reduce their risk of wildfires but would also require insurers to take these mitigation efforts into account when deciding on a premium or whether to insure a specific property.  […]

Pico Rivera, CA Dwelling Coverage Estimate

It is important to calculate your dwelling coverage for your home in Pico Rivera so you know what type of homeowners insurance coverage you need to cover your replacement cost. It is recommended to have enough dwelling coverage to rebuild your home if it was destroyed by a covered peril.

Please remember that replacement cost coverage does not include the cost of the land, only the price to rebuild your home, which is why we like to help customers by answering a few questions that you may have.

What is the average replacement cost coverage in Pico Rivera, CA?

- The average square footage in Pico Rivera is around 1,360 Sq. Ft. which would cost you around $440,600 to replace the home if you base the home on the price to build per square foot of $324.

Minimum Replacement Cost Total: $440,600

Location: Pico Rivera, California (Los Angeles County)

Average Building Cost Per Square Foot in Pico Rivera: $324 (low end)

Average Square Footage in Pico Rivera: 1,360 Sq. Ft.

Home Improvement StatusPrice per Sq. Ft.Dwelling Coverage
None or Very Minor Improvements$324$440,600
Some Additional Upgrades$405$550,750
Major Home Updates or Advancements$486$660,900

The dwelling coverage is calculated by the average cost per square foot ($324) in Pico Rivera, California times your heated square footage. Which would equal the cost to rebuild your home minus the cost of the property or land. Some homes will have a higher replacement cost due to home improvements like updated kitchens and bathrooms. Other upgrades may include: granite countertops, hardwood floors and stainless steel appliances. The national square foot average to build a brand new home is around 2500 square feet. So if you are looking to build, and your square footage of your new home is 2500, you are looking at a dwelling coverage premium of around $1,012,500 (Media price to build of $405 x 2500 sq. ft.) to cover the cost to rebuild your new home.

What is the difference between actual cash value and replacement cost value?

Homeowners insurance is available in both actual cash value (ACV) and replacement cost value (RCV). Knowing the difference is important:

Actual cash value: When valuing your personal possessions, an actual cash value policy will take depreciation into account. This means that your 10-year-old TV will be basically worthless according to your insurance company. While an ACV policy tends to be cheaper, if you have to make a claim you may be disappointed in your claim payout.

Replacement cost value: A RCV policy will replace your possessions with brand new items of similar quality regardless of how old they were at the time they were destroyed. While RCV policies are slightly more expensive, they are well worth the cost if you have to make a claim.