Pomona, CA Homeowners Insurance

Pomona is located in between the Inland Empire and the San Gabriel Valley. Pomona’s beautiful and charming city is named after the Roman goddess of fruit as you can visit the city any time of the year and still enjoy delicious fruits. Pomona is not just a land of fruits; it offers a vibrant array of events, such as the Los Angeles County Fair, the 2nd Saturday Art Walk, Chalk Art Festival, and Downtown Collectors Street Faire. 

As of 2020, the city has a total population of 152,366, with 38,477 housing units. The cost of living in Pomona is 36.2% more than the U.S. average. Despite that, the city’s homeownership rate is 52.3%, with a median home value of $418,600, which is also higher than the national average. 

Most homeowners in Pomona have a homeowners insurance policy, even if it’s not legally required. Having homeowners insurance protects the insured party from financial losses caused by hurricanes, fire, wind, and theft. One of the biggest concerns about homeowners insurance is the price. People are always looking for more affordable insurance rates. 

Finding affordable Pomona homeowners insurance is now easier than ever. The best way is to shop around by getting quotes from different insurance providers and compare their coverages and rates. We have made your research work easier. Simple use the Insurance Online quote comparison tool and get free quotes from the best insurance companies. 

Pomona Homeowners Insurance Average Cost 

Pomona homeowners insurance premiums vary from state to state. Suppose you are currently searching for a suitable homeowners insurance policy. In that case, it is a good idea to know the average homeowners insurance rate in your city, in the state and the national average. 

The average cost of Pomona homeowners insurance is $906 per annum. Depending on the cost of your property, the annual premium can be as low as $54.  

Pomona Homeowners Insurance Premium Vs State and National Averages

Pomona Average (annual)California AverageUnited States Average
$906$1,173$1,444

Pomona Homeowners Insurance Premiums by Company

Homeowners insurance rate varies from one insurance company to another. All the companies have their system to analyze your personal needs, assess the risk factor, and offer an annual rate. Each company offers different discounts, which affects the cost of your insurance premium. 

State Farm offers the most affordable rates for Pomona homeowners insurance policy. Their homeowners insurance premium cost $509, which is hundreds of dollars cheaper than other competitors’ rates. To ease up your research, we have collected the annual insurance cost from different providers. Take a look at the table below:

Homeowners Insurance Rates In Pomona By Company

CompanyAverage Annual Premium Rate
State Farm$509
USAA$876
Travelers$920
Encompass Insurance$970
Progressive$1202
The Hartford$1562

Pomona Homeowners Insurance Cost by Coverage Amount 

Every homeowner knows deciding the coverage amount can be confusing. The homeowners insurance premium depends on various factors, and dwelling coverage is the most significant one. The dwelling coverage amount is the amount that will be used to replace your home if it gets damaged by any covered peril, such as storm, theft, etc. 

One of the biggest mistakes people make is using their home’s actual value as the dwelling coverage amount. You need to remember that the marketing rates fluctuate, which may leave you over-insured or underinsured. 

Your chosen dwelling coverage amount will affect your annual premium. See the table below to understand it better. 

Pomona Homeowners Insurance Rates by Coverage Limits

Coverage AmountHome Insurance Cost ($)
$100,000 dwelling$  204.95
$200,000 dwelling$  729.58
$300,000 dwelling$  961
$400,000 dwelling$1,244.45
$500,000 dwelling$1,592.99
$750,000 to $1000,000 dwelling$1,842
Above $1000,000 dwelling$2,177.89

Pomona Homeowners Insurance Rates by ZIP Code

Homeowners’ insurance rates depend on several variables such as the location of your home. Even if you moved just a couple of blocks away from your house, your insurance rates could either go up or down. For instance, if the crime rate in your new neighborhood is high, your insurance premium can increase by 3-5%. 

Other factors that can affect your Pomona homeowners insurance rates include the proximity to the nearest fire station and police station, susceptibility to flood and earthquake, and the number of insurance claims filed in a certain neighborhood. 

We have calculated Pomona homeowners insurance rates based on ZIP codes. Take a look at the table below: 

Cost of Homeowners Insurance in Pomona by ZIP Codes

NeighborhoodZIP CodeAverage annual homeowners insurance rate
Fortner Way91767$  630
S San Antonio Ave91766$1860
Estel Drive91768$1584

Pamona Homeowners Insurance Deductibles

Deductibles are an important part of your Pamona homeowners’ insurance policy. A deductible is an amount that homeowners agree to pay to the insurance company before filing an insurance claim. The deductible amount selected by you will affect 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. 

Pomona Homeowners Insurance Cost Based on Deductible

Deductible LevelAverage Annual Homeowners Insurance Rate
$500$895.78
$1,000$809.58
$1,500$762.55
$2,000$690.77
$5,000$649.26

Pomona Homeowners Insurance Coverages Available 

A standard homeowners insurance has various coverages that protect different areas or parts. Here is a list of coverages available:

  • Dwelling coverage protects the physical structure of your home. 
  • Other structures cover structures that are not attached to your home, like a garage or tool shed.
  • Personal property coverage protects personal items inside or outside your home that belong to you or any other resident of your home. 
  • Loss of use coverage pays for any additional living expenses you may incur when you are forced to stay out of your home as it’s getting repaired.  
  • Personal liability coverage protects you if you or any resident of your home causes damage to someone else’s property or a guest gets injured at your home.
  • Medical payment coverage pays for the medical expenses if a guest gets injured at your house.

Best Home Insurance Companies in Pomona 

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 financial stability of the company to ensure they can pay money in case a claim is filed. You should also check their customer service rating, customer complaints, and management stability. To help you quickly find the right insurance provider, we have listed the top-rated Pomona homeowners’ insurance companies.

Best Homeowners Insurance Companies in California Based on Rating

CompanyJ.D. Power RankingA.M. Best RatingBBB rating
State Farm 4 out of 5 starsA++ (Superior)A
Nationwide 3 out of 5 starsA+ (Superior)A+
Erie 5 out of 5 starsA+ (Superior)A+
Travelers 5 out of 5 starA++ (Superior)A+
Allstate 3 out of 5 starsA+ (Superior)A+

Top Homeowners Insurance Agents in Pomona

Home Insurance Company Near Pomona, CAAddress
State Farm9011 Garvey Ave Suite B, Rosemead, CA, 91770
State Farm2607 W Olive Ave, Burbank, CA, 91505-4526
Allstate20201 SW Birch St # 170, Newport Beach, CA, 92660
State Farm8405a Lincoln Blvd, Westchester, CA, 90045
Travelers149 PASADENA AVE STE B, S PASADENA, CA, 91031

Common Causes for Pomona Homeowners Insurance Claims

If you live in Pomona, having a homeowners insurance policy is necessary to protect yourself from a financial setback. The average cost of homeowners insurance is lower in Pomona than in most California cities. One of the reasons for a low-cost premium is the low frequency of insurance claims. 

There are still some perils that lead to insurance loss in Pomona, such as:

  • Escape water – 30%
  • Wind damage – 25%
  • Fire or explosion – 17%
  • Appliance failure – 12%
  • Theft and burglary – 12%
  • Rain, snow, ice damage – 4%

Pomona Homeowners Insurance Money-Saving Tips

Depending on your location, your Pamona homeowners insurance premium can be very expensive. There are plenty of other ways that can help you to reduce the cost of your premium. Here are some money-saving tips for homeowners looking for affordable insurance policies:

  • Shop around by getting free quotes from different providers. 
  • Raise your deductibles
  • Make your home more risk-free
  • Install security equipment and ask your insurance agents for discounts for getting security devices.
  • Look for group coverage
  • Stay with one trusted insurance company and build a rapport to ask for additional discounts. 
  • Bundling your home and auto insurance policy can help you reduce your insurance cost by 12%. Refer to the table below and see how bundling affects your insurance premium. 

Pamona Homeowners Insurance and Car Insurance Bundling Discount

Place

1 Car Bundle Savings On Insurance2 Car Bundle Savings On Insurance3 Car Bundle Savings On Insurance
Montclair city, California$74$100$150
La Verne city, California$79$105$158
San Dimas city, California$82$107$160

Special resources for residents of Pomona: 

Get Pomona homeowners insurance now!

Get Cheapest Insurance Quote

Pomona, CA Homeowners Insurance FAQs

Replacement cost is the amount it would take to rebuild your home with similar products and features if it gets damaged due to any unforeseen disaster. Replacement cost depends on the dwelling coverage level and the amount your insurance provider will pay if a claim is filed. 

When you select your dwelling coverage amount, make sure it’s equal to the replacement cost and more than your home’s market value. 

A home warranty plan includes coverage of all the home appliances, electrical, plumbing, heating, and air conditioning systems. It protects your home appliances and equipment from breakdown. 

On the other hand, a standard homeowners insurance policy only pays for damages caused by unforeseen disasters such as fire and weather damage. It won’t cover any damages resulting from a lack of maintenance. 

Under the personal liability coverage, if your dog caused an injury to someone or damages someone else’s property, your insurance will cover the loss. Some insurance providers don’t cover damages caused by large dogs, which are categorized as aggressive. In such cases, you can buy umbrella coverage to protect yourself from unexpected expenses. 

Here are some of the restricted dog breeds that insurance companies don’t insure:

  • Pit Bulls
  • German Shepherds
  • Akitas
  • Staffordshire Terriers
  • Doberman Pinschers
  • Siberian Huskies
  • Rottweilers 

Yes, your Pamonahomeowners insurance policy covers all of your personal items inside or outside your home. You need to make a police complaint to start the claim process. You can speed up the claim process if you can provide receipts of the stolen item. 

Yes, your insurance company can consider your policy as non-renewal, which means your policy will not be renewed at the time of expiration. Your insurance provider will inform you about your coverage being dropped, giving you sufficient time to purchase a new homeowners insurance policy. Your policy can also be canceled due to non-payment and other risk factors. 

Get Cheapest Insurance Quote

Call an Agent

Whether you just prefer a friendly voice or need more information, our licensed agents are ready to help you save.