Pasadena is located just 10 miles away from the busy city of Los Angeles. This gorgeous city is home to many historic buildings and breathtaking landscapes. Pasadena is famous for hosting the Tournament of Roses Parades and the Rose Bowl football games.
Pasadena is popularly known as the valley’s crown and offers a very colorful history, luxury houses, and top-class dining and shopping experience. The city’s total population is 141,258, which makes it one of the most populated cities in Los Angeles County. The cost of living in Pasadena is 60% higher than the national average, despite that 43% of the total population is homeowners, with a median home value of $771,700.
Buying a home is the most expensive investment, making it essential to protect it from unforeseen disasters. A standard homeowners insurance protects you against any financial setbacks that might arise due to unavoidable events. It is not legally mandatory to purchase homeowners insurance in Pasadena. Still, if you want a loan or mortgage on your house, your lending company would require a Pasadena homeowners insurance policy before sanctioning the loan.
Insurance Online wants to make your search for affordable homeowners insurance easier. You can use our Home Insurance Quote Comparison Tool and get free homeowners insurance quotes from top-rated insurance companies.
Finding the cheapest homeowners insurance in Pasadena can be overwhelming, but if you know the average homeowners insurance rates in your city and state, it will be easier for you to negotiate the price.
The average homeowners insurance in Pasadena is $1,585, which is higher than the national average cost of homeowners insurance.
|Pasadena Average (annual)||California Average||United States Average|
In Pasadena, different homeowners insurance companies offer competitive prices depending on the type of coverage you are looking for. All the insurance companies offer special discounts, which affects the insurance price. You need to find the right insurance company for your needs.
In Pasadena, USAA sells the cheapest homeowners insurance premium of $300. On the other hand, Privilege Underwriters Exch sells the most expensive insurance premium, valued at $2,702.
Take a look at the table below and see rates offered by different insurance providers in Pasadena.
|Company||Average Annual Premium Rate|
|AIG Prop Cas||$1,563|
|Privilege Underwriters Exch||$2,702|
When you buy a homeowners insurance policy in Pasadena, you need to decide on a dwelling coverage limit. The dwelling coverage amount is used to replace your home and other valuables if your house gets damaged due to any covered disasters.
A high dwelling coverage level will make your Pasadena homeowners insurance cost more. For instance, if your dwelling coverage is worth $100,000, your insurance premium will be $268, whereas, for a dwelling coverage of $500,00, your insurance premium will be $1282.
Have a look at the table to see homeowners insurance rates in Pasadena based on the coverage limit.
|Coverage Amount||Home Insurance Cost|
|$750,000 to $1000,000||$1,425|
The cost of Pasadena homeowners Insurance is based on various factors. Your home location also affects the homeowners insurance premium depending on your neighborhood, population density, crime rate, and proximity to a fire station and police station.
Your Pasadena homeowners insurance premium may differ from your friend’s premium who lives on the next street. In the following table, we have listed Pasadena homeowners insurance rates based on different ZIP codes.
|Neighborhood||ZIP Code||Average annual homeowners insurance rate|
|N Marengo Ave||91101||$2,196|
|N Raymond Ave||91103||$3,360|
|Orange Grove Blvd||91105||$4,824|
A deductible is an amount that homeowners are responsible for paying before filing an insurance claim. If you want to file an insurance claim of $50,000, and your chosen deductible amount is $1000, the insurance company will only pay you $49,000.
When you choose a deductible amount, you must remember the general rule; If you select a low deductible amount, your homeowners insurance premium will be more.
In the following table, we have listed Pasadena homeowners insurance rates based on different deductible amounts.
|Deductible Level||Average Annual Homeowners Insurance Rate|
Homeowners insurance companies offer several types of coverages, such as:
When you are looking for Pasadena homeowners insurance policy, you need to consider several factors about insurance companies, such as the average insurance premium, types of coverage offered, financial stability, claim process, and customer service.
We have researched and collected information about insurance providers based on J.D. Power Rankings, AM Best financial Ratings, and Better Business Bureau Ratings of the home insurance market.
Take a look at the table below and see the best homeowners insurance companies in Pasadena.
|Company||J.D. Power Ranking||A.M. Best Rating||BBB rating|
|GEICO||5 out of 5 stars||A++ (Superior)||A+|
|Erie||5 out of 5 stars||A+ (Superior)||A+|
|Allstate||3 out of 5 stars||A++ (Superior)||A+|
|State Farm||4 out of 5 stars||A++ (Superior)||A|
|Travelers||5 out of 5 star||A++ (Superior)||A+|
|Homeowners Insurance Agency Near Pasadena, CA||Address|
|Stephen B. Groton Insurance||110 S Rosemead Blvd Ste F, Pasadena, CA 91107|
|Goosehead Insurance – Anna Jemelian||155 N Lake Ave Suite 804, Pasadena, CA 91101|
|HCM Insurance||131 N El Molino Ave # 130, Pasadena, CA 91101|
|Farmers Insurance – Todd Ma||3249 E Foothill Blvd, Pasadena, CA 91107|
|David Morales – State Farm Insurance Agent||711 Mission St Ste A, South Pasadena, CA 91030|
In Pasadena, there are several reasons why people may file an insurance claim. The city has experienced some of the most disastrous weather conditions, including Hurricane Harvey, Hurricane Beta, and Tax Day Flood. Here are a few of the perils that affect the residents of Pasadena:
Homeowners insurance keeps your home protected, but it can be very expensive. Insurance companies offer many discounts for several factors. If your home is new, you can get a discount of up to 14%. Another way to save money is by installing alarm systems and smoke detectors at your home.
The best way to reduce your Pasadena homeowners insurance premium is bundling. By bundling your auto and home insurance, you can save up to 25% on your premium. Take a look at the table and see how bundling your home and auto insurance affects your homeowners insurance premium.
|Place||1 Car Bundle Savings On Insurance||2 Car Bundle Savings On Insurance||3 Car Bundle Savings On Insurance|
|Altadena CDP, California||$98||$130||$199|
|San Pasqual CDP, California||$100||$133||$200|
|San Marino city, California||$108||$144||$220|
Here are a few formalities required to claim your insurance:
A standard homeowner insurance policy in Pasadena will provide coverage of any kind of damage to your home, such as damage from fire, flood, falling tree, natural disasters but personal belongings are not covered always.
Homeowner insurance in Pasadena will never cover your old roofs that need to be replaced. Instead, your homeowner insurance will cover roof damages caused by a natural disaster or any sudden accidents that happen to your home.
Normally, your homeowner insurance in Pasadena can be canceled after getting it once and keeping it active for at least 60 days. If you intend to cancel your homeowners insurance, you can call us or write a letter to cancel the insurance policy. Your insurance provider can also cancel your Pasadena homeowners insurance policy if you fail to pay your premium and any fraud or misrepresentations happens.
The following documents are required to claim homeowner insurance: