Anaheim is the second-largest city in Orange County. It’s home to Disneyland Resort, the Honda Center, the Anaheim Convention Center, and US’ leading sports teams, the Los Angeles Angels and the Anaheim Ducks. The city is famously known for the production of canned fruit aircraft parts and electronics.
The city prides itself as the center of family fun as it has something for everyone’s taste. Whether it’s the theme parks or the beautiful beaches, there are so many things that you can do in Anaheim. Disneyland Park, opened by Walt Disney in 1955, is the main tourist attraction. The city’s downtown is perfect for shopping and entertainment as you can enjoy ethnic cuisines, gourmet dishes while shopping at your favorite high-end stores.
As of 2021, the city has a total population of 336,265 and 101,658 housing units, with a homeownership rate of 48.4%. The median home value in Anaheim is $491,399. The cost of living in the city is 43% higher than the U.S. average. Whether you are currently living in the city or are planning to purchase a house, it is always a good idea to purchase an Anaheim homeowners insurance policy.
A standard homeowners insurance policy protects you from any unforeseen financial setbacks. Although it is not legally required to purchase homeowners insurance, it’s wise to get one anyway. If you are looking to buy homeowners insurance in Anaheim, try our Home Insurance Quote Comparison Tool and get free homeowners insurance quotes from top-rated insurance companies.
Though the cost of property is high in Anaheim, the homeowners insurance premium is quite affordable. When you start to look for homeowners insurance, your first step should be to compare rates from the best-rated companies in your area to ensure you get the best rates.
Anaheim’s average homeowner insurance rate is $799, which is significantly lower than the national average.
|Anaheim Average Home Insurance Cost (annual)||California Average||United States Average|
During your search for finding the right homeowners insurance in Anaheim, you will notice that different homeowners insurance companies offer different prices for the same type of coverage. The reason behind the fluctuation is that the insurance companies have their own system to calculate the homeowners insurance premiums. You need to find the right insurance company for your needs.
In Anaheim, Mercury offers the most affordable home insurance, valued at just $605 per year. Take a look at the table below and see rates offered by different insurance providers in Anaheim.
|Company||Average Annual Premium Rate|
|Amica Mutual Insurance||$1232|
When you buy a homeowners insurance policy, you will be asked to choose a dwelling coverage limit used to pay for the replacement or repair cost of your property in case of a disaster. Generally, if your dwelling coverage selected level is high, your homeowners insurance will cost more.
Here’s how different coverage levels affect your annual homeowners insurance cost in Anaheim:
Homeowners Insurance Rates in Anaheim by Coverage Limits
|Dwelling Coverage Amount||Annual Home Insurance Cost|
|$750,000 to $1000,000||$2,040|
Homeowners insurance companies in Anaheim use local variables to calculate potential risks and insurance costs. The location of your home is the primary factor that can make your insurance cost high or low. Even if you move from one street to another in the same city, your homeowners insurance premium will fluctuate.
Take a look at the table below, as we have listed the homeowners insurance rates in Anaheim based on different ZIP codes.
|Neighborhood||ZIP Code||Average annual homeowners insurance rate|
|Morning Sun Ln||92808||$1,504|
When you purchase homeowners insurance, your insurance company would ask you to decide on a deductible amount. Deductibles are an important part of your homeowners insurance policy. It is an amount that homeowners agree to pay to the insurance company before filing an insurance claim. The deductible amount selected by you will have a direct effect on your insurance premium.
Generally, if your deductible is lower, your insurance premium will be more. So, if you want your annual premium to be low, you should choose a high deductible amount.
|Deductible Level||Average Annual Homeowners Insurance Rate|
A standard homeowners insurance policy in Anaheim provides the following coverages:
A homeowners insurance policy protects your biggest asset against any unforeseen disasters. It’s a big decision that can’t just rely on the quote offered by an insurance provider.
While shopping for an insurance policy, you must pay attention to the company’s financial stability to ensure they can pay money if a claim is filed. You should also check their customer service rating, customer complaints, and management stability. To make your research easier, we have listed the best Anaheim homeowners companies based on J.D. Power Rankings, AM Best Ratings, and BBB Ratings.
Best Cheap Homeowners Insurance Company in Anaheim
|Company||J.D. Power Ranking||A.M. Best Rating||BBB Rating|
|Amica||5 out of 5 stars||A+ (Superior)||A+|
|Allstate||3 out of 5 stars||A+ (Superior)||A+|
|USAA||5 out of 5 stars||A++ (Superior)||B-|
|State Farm||4 out of 5 stars||A++ (Superior)||A|
|Liberty Mutuals||3 out of 5 stars||A||A-|
|Homeowners Insurance Agency Near Anaheim||Address|
|State Farm Insurance Agent||3455 E La Palma Ave Ste 100, Anaheim, CA 92806, United States|
|Farmers Insurance||305 S State College Blvd, Anaheim, CA 92806, United States|
|Cornerstone Insurance Agency||430 N State College Blvd, Anaheim, CA 92806, United States|
|GEICO Insurance Agent||1680 W Lincoln Ave, Anaheim, CA 92801, United States|
|State Farm Insurance Agent||1598 W Katella Ave, Anaheim, CA 92802, United States|
|Rai’s Insurance Services, INC||2612 W Lincoln Ave #103, Anaheim, CA 92801, United States|
If you live in Anaheim, having a homeowners insurance policy is necessary to protect yourself from a financial setback. The average cost of homeowners insurance in Anaheim is lower than most California cities. Although the number of homeowners insurance claims filed each year has declined, but there are still some perils that cause homeowners insurance claims, such as:
Despite the low Anaheim homeowners insurance rate, the residents are always looking for ways to save money. Here are some money-saving tips for homeowners looking for affordable insurance policies:
|Company||Avg. Annual Auto Insurance Rate (With Bundle)|
That depends on where the property is. For example, if your home is close to the Santa River, you may need flood coverage. Some mortgage lenders may also force you to purchase flood coverage. You can buy the policy from a private company or the National Flood Insurance Program (NFIP).
Your boat (vessel) is personal property, so it will be covered if it gets vandalized or damaged while it’s on the insured property.
Bundling policies is a great way of saving on premiums. You can save up to 20% by bundling auto and home insurance policies. This is highly recommended for homeowners seeking insurance.
This depends on the type of coverage you chose at the time of purchase. The insurance company may use the actual cash value or the replacement cost without depreciation. The amount of deductible will be subtracted.
Valuable possessions may cost more than what the policy covers. For that reason, you need to purchase separate coverage for the expensive personal belongings.