Vallejo, CA is located in California and has a population of 121,722. The area is California’s 50th largest city and the 234th largest city in the United States. Vallejo has a rich history and was home to the Mare Island Naval Shipyard. More so, it was the first building and repair center for ships on the West Coast during WWII.
Vallejo sits in the northern region of San Pablo Bay. The waterfront location makes it a vital harbor for ferry transport, military operations, commercial shipping, and oil industry operations. The four high-speed catamaran ferries are famous for carrying passengers to and from San Francisco.
Given the strategic location and the awe that Vallejo comes with, it is undoubtedly a fantastic city to own a home. If you want to purchase a home, this is the place to be. The city is affordable compared to other Californian cities. The average household income is $86,301. The average rental cost is about $1,532 per month, while the average house value stands at $370,000.
When you buy a home in Vallejo,CA, most realtors recommend that you buy house insurance. If you are taking a mortgage, you must buy homeowners insurance in Vallejo. Hence, it is vital to understand all about insurance to be on the safe side. If you are looking to buy homeowners insurance in Vallejo, try our Home Insurance Quote Comparison Tool and get free homeowners insurance quotes from top-rated insurance companies.
Your Vallejo homeowners insurance cost depends on various factors, including the value, location, and type of construction of your property. When you are looking for homeowners insurance, you need to compare rates from the best-rated companies in your area to ensure you get the best rates.
In Vallejo, the average homeowner insurance rate is $872, which is lower than the national and state average.
|Vallejo Average (annual)||California Average||United States Average|
The company you hire influences the price of your homeowners insurance in Vallejo. Vallejo homeowners insurance rates fluctuate significantly between companies.
Travellers insurance company sells the most affordable homeowners insurance premium in Vallejo, CA, valued at $431. Have a look at the following table below and see the homeowners insurance rates offered by different insurance providers.
|Company||Average Annual Premium Rate|
|Horace Mann Educators Corporation||$1,822|
Dwelling coverage limit is used to pay for the replacement or repair cost of your property in case of a disaster. The cost of your housing insurance premium in Vallejo is influenced by the coverage amount. 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 Vallejo:
Homeowners Insurance Rates in Vallejo by Coverage Limits
|Coverage Amount||Annual Home Insurance Cost|
|$750,000 to $1000,000||$1925|
The location of your property also determines how much your insurer charges on your house insurance. The costs are based on the risks associated with each ZIP code, hence the charges vary depending on the locality.
Take a look at the table below, as we have listed the homeowners insurance rates in Vallejo based on different ZIP codes.
|Neighborhood||ZIP Code||Average annual homeowners insurance rate|
Homeowners must decide on setting a deductible limit. A deductible is the money that an insured homeowner is responsible for paying before an insurance company covers a claim. The deductible limit that you set impacts the cost of your premium.
While setting your deductible level, keep in mind that a lower deductible translates to higher premium amounts, and the opposite is true. Therefore, consider putting a higher deductible for lower insurance premiums. However, your limit should be reasonable so that you make your payments without overspending or undercutting your budget.
The following table shows how Vallejo homeowners insurance rates fluctuate based on different deductible amounts.
|Deductible Level||Average Annual Homeowners Insurance Rate|
A standard homeowners insurance policy in Vallejo provides coverage for:
When shopping for homeowners insurance firms, it is essential to consider the pricing. However, the cost of your Vallejo homeowners insurance premium is not the only thing that you need to consider. You must check the company’s financial strength as that determines the capability of paying up claims.
To make your research easier, we have listed the best Vallejo homeowners companies based on J.D. Power Rankings, AM Best Ratings, and BBB Ratings.
Best Cheap Homeowners Insurance Company in Vallejo
|Company||J.D. Power Ranking||A.M. Best Rating||BBB rating|
|USAA||5/5 stars||A++ (Superior)||A+|
|State Farm||3/ 5 stars||A++ (Superior)||A|
|Allstate||3/5 stars||A+ (Superior)||A+|
|Auto Club||3/5 stars||Not Rated||A+|
|Homeowners Insurance Agency Near Vallejo, CA||Address|
Noel P. Gallego: Allstate Insurance
4380 Sonoma Blvd Ste 142, Vallejo, CA 94589
3325 Sonoma Blvd #20, Vallejo, CA 94590
Vallejo Insurance Associates LLC
840 Tuolumne St, Vallejo, CA 94590
David Sikes: Allstate Insurance
3469 Tennessee St Ste 201, Vallejo, CA 94591
Alicia Cook – State Farm Insurance Agent
2002 Springs Rd, Vallejo, CA 94591
Ayxa Noble: Allstate Insurance
2501 Springs Rd, Vallejo, CA 94591
Farmers Insurance – Richard Arvin
1433 Springs Rd, Vallejo, CA 94591
Vallejo is highly prone to floods, earthquake damage, and wildfires, due to which, the cost of homeowners insurance in Vallejo has skyrocketed. The California Department of Insurance records that insurers suffered a loss rate of 201.17% in 2017. The rate stood at 170.08% in the following year. The most common causes of home claims are exterior wind damages, water damages caused by appliance failure, hail, and theft.
Vallejo homeowners insurance premium does not cover the damages caused by floods, earthquakes, and wildfires. Homeowners need to get additional coverages to protect their property against these damages. If you cannot find a private insurer to cover your house against them, consider going for the California FAIR program. The Fair plan provides coverage for damages caused by fire, lightning, smoke, internal explosions, flooding, and much more at a fair rate.
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 Vallejo 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|
|Crockett CDP, California||$78||$104||$156|
|Benicia city, California||$79||$105||$158|
|Rodeo CDP, California||$76||$102||$153|
Insurance costs differ depending on various factors, including the company, location, coverage level, deductible limit, and other factors. You need to get quotations when shopping for housing insurance to be sure of the prices.
Many homeowners get insurance from private companies. However, if the firms do not offer coverage for some damages such as those caused by earthquakes, you can purchase a policy from the California Earthquake Authority.
Yes, they can. The frequency of fires and natural disasters has led companies to increase the rates in affected regions. However, be on the lookout for greedy agents that might exploit you in the name of increased risks.
A majority of dwelling policies do not cover earthquake damage. However, the coverage is provided in separate earthquake policies that most insurance companies offer. You can also get premiums from the California Earth Authority for earthquake losses.
Personal property coverage protects your personal items from damages caused by any covered peril. Your personal items could be furniture, electronics, clothing, art pieces, etc. If you ever lose your personal items to theft or fire, your personal property coverage will pay to repair or replace those items.