Berkeley, CA Homeowners Insurance

Berkeley is located in Alameda County in California. The city got its name from 18th century Irish bishop and Philosopher George Berkeley. The residents of Berkeley preach liberal politics and free speech. The city is home to the University of California Berkeley. The campus has an ethnically diverse community and number of attractions. 

People often misinterpret the city to be just a university town, filled with liberal agendas, etc. But when you actually live in the city, you will notice that it has a diverse community with different ideas, thoughts, and thoughts. When you will start to explore the city, you will find the hidden gems, such as superb theaters, restaurants, and shops. The Downtown Arts District has the city’s most popular theaters, music, and art stops. The restaurant owners in the city pride themselves for serving a mix of local delicacies with a global twist. There are many other places that offer good value for good food such as, Cheese Board Pizza, Picante, and Vik’s Chaat Corner. 

As of 2021, the total population of Berkeley, CA is 121,485, and the homeownership rate is 42.9%, with a median home value of $845,400. Berkeley residents are always looking for affordable Berkeley homeowners insurance premiums to protect their homes from damages caused by unforeseen disasters. Whether you are looking for a new homeowners insurance policy in the city or want to switch the current provider, use our Home Insurance Online quote comparison tool and get free insurance quotes from top-rated insurance companies. 

Average Homeowners Insurance Cost in Berkeley

Buying homeowners insurance is important regardless of the city you live in. Your home is the biggest investment of your life, and it is vital to protect it against any unforeseen disasters. A standard homeowners insurance policy protects the homeowner’s assets, personal property and covers any medical bills. 

The average cost of homeowners insurance in Berkeley, CA, is $1,179, which is lower than the national average.   

 

Berkeley Homeowners Insurance Rates Compared to State and National Average Rates

Berkeley Average (annual)Texas AverageUnited States Average
$1,179$1,173$1,444

Berkeley Homeowners Insurance Premiums by Company

When you start looking for affordable Berkeley homeowners insurance premiums, you will notice that rates vary significantly between companies. Horace Mann offers the cheapest homeowners insurance in Berkeley, value at $431. 

In the following table, we have listed homeowners insurance rates offered by different insurance providers. Take a look: 

Berkeley Homeowners Insurance Rates by Companies

CompanyAverage Annual Premium Rate
Horace Mann$431
Safeco$583
Amica Mutual$614
Foremost Insurance$638
Universal North America$755
Nationwide$792
American Modern$983

Berkeley Homeowners Insurance Rates by Coverage Amount  

When you purchase homeowners insurance, you need to choose a dwelling coverage limit covering the cost to rebuild or replace your home if it gets damaged due to any covered disaster. 

Your Berkeley homeowners insurance premium is directly affected by the dwelling coverage amount. Here’s how different coverage levels affect your annual homeowners insurance rates:

Homeowners Insurance Rates in Berkeley by Coverage Limits

Coverage AmountHome Insurance Cost 
$100,000$225
$200,000$358
$300,000$573
$400,000$789
$500,000$957
$750,000 to $1000,000$1,289

Berkeley Homeowners Insurance Rates by ZIP Codes

Not every neighborhood has the same insurance rates in Berkeley. If your neighborhood is prone to wildfires, floods, and heavy snow, you will likely have a high homeowners insurance premium. The cost of Berkeley homeowners insurance depends on the local variables like your home location, number of claims submitted in your neighborhood, crime rate, and cost of the property.    

Take a look at the table below, as we have listed the homeowners insurance rates in Berkeley, CA, based on different ZIP codes.

Cost of Homeowners Insurance in Berkeley by ZIP Codes

NeighborhoodZIP CodeAverage annual homeowners insurance rate
Curtis St94702$476
Newbury St94703$689
The Spiral94708$954
Spruce St94709$1,239
Westmoorland Dr94705$1,866

Popular Home Insurance Deductibles in Berkeley

When you purchase homeowners insurance, you would be asked to decide a deductible amount. A homeowner insurance deductible is an amount a homeowner agrees to pay the insurance provider before filing a claim. In other words, if you file a claim worth $50000, and your deductible is $500, the insurance company will pay $45000, and you will be responsible for paying the remaining $500. 

The following table shows how Berkeley homeowners insurance rates fluctuate based on different deductible amounts. 

Homeowners Insurance Cost in Berkeley based on Deductible

Deductible LevelAverage Annual Homeowners Insurance Rate
$500$1,674
$1,000$1,515
$1,500$1,427
$2,000$1,295
$5,000$1,216

Homeowners Insurance Coverages Available in Berkeley 

A standard homeowners insurance policy in Berkeley provides coverage for:

  • Dwelling Coverage: Your homeowner’s insurance policy provides coverage against the damage caused by fire, hurricanes, vandalism, and other covered peril. Your insurance provider will reimburse the cost to repair or replace the structure of your property.  
  • Other Structure: Homeowners insurance also covers the structures attached to your home, such as a garage or shed. 
  • Personal Property: Homeowners insurance covers all the personal property that’s inside your house. Insurance companies also offer ‘Off-Premises’ coverage specific to your personal possessions like jewelry. 
  • Loss of Use: After an unforeseen event, if you are forced to stay out of your home, your insurance policy will cover all the living expenses related to housing and food till your house gets repaired. 
  • Personal Liability: If your son or a dog was responsible for causing an injury to someone or their property, your insurance would cover it. 
  • Medical Expenses: If a guest gets injured at your house, your Berkeley homeowner insurance will be responsible for paying for their medical expenses.   

Best Home Insurance Companies in Berkeley, CA

When looking for a homeowner insurance policy in Berkeley, don’t just pay attention to the cost. You should also consider the customer service, claim process, and financial status of the insurance provider.

We compiled a list of the best Berkeley homeowners insurance companies based on J.D. Power Rankings, A.M. Best Ratings, and BBB Ratings.

Best Cheap Homeowners Insurance Company in Berkeley 

CompanyJ.D. Power RankingA.M. Best RatingBBB rating
Nationwide3 out of 5 starsA+ (Superior)A+
Farmers 3 out of 5 starsA+ (Superior)A+
Liberty Mutuals3 out of 5 starsAA-
Travelers5 out of 5 starA++ (Superior)A+
GEICO5 out of 5 starsA++ (Superior)A+

Top Homeowners Insurance Agents in Berkeley

Homeowners Insurance Agency Near Berkeley, CAAddress

Gary Eason – State Farm Insurance Agent

2150 Shattuck Ave #410, Berkeley, CA 94704

John Kistner – State Farm Insurance Agent

1401 San Pablo Ave, Berkeley, CA 94702

Timothy Carter: Allstate Insurance

2489 Martin Luther King Jr Way, Berkeley, CA 94704

Placer Title Company

1797 Shattuck Ave D, Berkeley, CA 94709

Sukhi Kahlon AAA Insurance Agent

1775 University Ave, Berkeley, CA 94703

Peggy Smith: Allstate Insurance

1758 Solano Ave, Berkeley, CA 94707

Common Causes of Home Insurance Losses in Berkeley

The most common reason for homeowners insurance claims in Berkeley is related to weather. Here are common reasons for homeowners insurance claims in Berkeley:

  • Damages caused to the exterior of the house by strong winds – 25%
  • Frozen pipes, pipes bursting, and appliance or equipment failure, – 19%
  • Hail damages – 15%
  • Water damages caused by rain, snow, or ice – 11%
  • Theft and burglary – 6% 

Money-Saving Tips for Berkeley Homeowners Insurance

If you want to save money on your Berkeley homeowners insurance, you can try these steps: 

  • Renovating your home
  • Bundling your home and auto insurance
  • Construction type of your home
  • Installing sprinklers, fire alarms, and burglar alarms
  • Paying the premium in full. 

The best way to reduce the cost of your homeowners insurance policy is by bundling your home and auto insurance. Bundling can reduce your insurance premium by 20%. Refer to the following table to see how bundling your home and auto insurance affects your insurance premiums. 

Auto & Homeowners Insurance Bundling Discounts in Berkeley, CA 

CompanyAvg. Annual Auto Insurance Rate (With Bundle)
GEICO$1,323
Mercury$1,439
Farmers$1,777
Allstate$1,928
CSAA$1,961

Special Resources for Residents of Berkeley: 

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Berkeley, CA Homeowners Insurance FAQs

Several factors can affect your Berkeley homeowner insurance, such as:

  • The old roof of your home 
  • Type of construction of your home
  • Age of your house
  • Value of your home
  • Any kind of damage happens from negligence.
  • Having a pet in your house. 
  • Claim history and credit history

There are a number of factors that can decrease the homeowner insurance in Berkeley, such as:

  • Having your home repaired from time to time.
  • Installing home safety systems. 
  • Increasing the deductible amount
  • Reducing the risk of floods

Most homeowners simply get their homeowners insurance renewed without negotiating the price. When you haggle the price, the provider will probably provide a rate even cheaper than the original premium.

You can use the Insurance Online Quote Comparison Tool to check homeowners insurance rates from different providers, see what kind of discounts they are offering, and decide a final price point to negotiate the insurance policy premium. 

When you purchase a homeowners insurance policy in Berkeley, you need to have home inventory on hand. The inventory of your personal items will help you determine the coverage level. We recommend keeping a printed copy of your inventory out of your home, someplace it will be safe. 

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