California Homeowners Insurance

U.S. Treasury FIO data for 1,545 ZIP codes in California (CA).

Homeowners in California pay an average of $1,864 per year for home insurance — 5% above the national average of $1,776. That ranks California as the 21st most expensive state out of 51 for homeowners insurance. Between 2018 and 2022, premiums rose by 25.4%; nonrenewal rates climbed by 112.4% over the same period.

On five-year premium growth (2018–2022), California ranks 1st out of 51 states. Its nonrenewal rate (1.86%) ranks 6th out of 50 — nonrenewal is an early warning indicator of insurer retreat, often tied to disaster risk.

Source: U.S. Department of the Treasury, Federal Insurance Office — "Analyses of U.S. Homeowners Insurance Markets, 2018–2022." Premium values are five-year averages across all ZIP-level observations. See methodology for caveats.

Avg Premium
$1,864/yr
National avg: $1,776 (+5% above)
Premium Change
+25.4%
2018-2022 change
Avg Loss Ratio
81.6%
Claims paid vs premiums earned
Nonrenewal Rate
1.86%
+112.4% change

Data Snapshot: California Homeowners Insurance

California homeowners paid an average of $1,864 per year for home insurance based on U.S. Treasury FIO data covering 1,545 ZIP codes across the state. That is 5% above the national average of $1,776 per year reported by the Federal Insurance Office. California ranks 21st most expensive out of 51 states and territories on annual premium, with ZIP-level observations ranging from $825 in 92257 to $11,603 in 90210.

Between 2018 and 2022, average premiums rose by 25.4% in California, placing the state 1st nationally on five-year premium growth. The state-level loss ratio averaged 81.6%, meaning insurers retained a healthy margin after claims, typical of stable markets. Nonrenewal rates — the share of policies insurers decline to extend at expiration — averaged 1.86%, a climb of 112.4% over the study period (ranking 6th out of 50 states).

Within California, premium dispersion across ZIP codes is substantial: the most expensive ZIP (90210 in Beverly Hills) charges 1307% more than the least expensive (92257 in Niland), reflecting local differences in catastrophe exposure, construction costs, and claims history. The FIO dataset aggregates voluntary reporting from the 40 largest homeowners insurers covering roughly 80% of the U.S. market, so ZIP-level figures represent market averages rather than individual quotes; actual premiums vary with dwelling value, deductible, coverage limits, and insurer-specific underwriting. This page is for educational research only and is not insurance advice — homeowners should obtain quotes from multiple licensed carriers or an independent agent before purchasing or renewing coverage.

Loss Ratio Reading: California

0%150%82%

California statewide — FIO 2018-2022 average: 82% (Consumer-favorable) — near break-even — premium pressure likely in next renewal cycle.

ZIP Codes Tracked

1,545

Reporting Period

2018-2022

Source

U.S. Treasury FIO

Premium Trends (2018-2022)

Year Avg Premium Median Premium
2018 $1,486 $1,289
2019 $1,574 (+5.9%) $1,364
2020 $1,670 (+6.1%) $1,440
2021 $1,792 (+7.3%) $1,547
2022 $1,864 (+4.1%) $1,616

Average Premium by Year

$1,486
2018
$1,574
2019
$1,670
2020
$1,792
2021
$1,864
2022

All ZIP Codes in California

1,545 ZIP codes sorted by premium (highest first). Click column headers to sort.

ZIP City Premium
90210 Beverly Hills $11,603
92067 Rancho Santa Fe $9,347
90020 Los Angeles $9,298
90077 Los Angeles $8,462
90265 Malibu $8,311
94027 Atherton $7,901
94115 San Francisco $7,352
90049 Los Angeles $7,283
92657 Newport Coast $7,263
90402 Santa Monica $6,702
90272 Pacific Palisades $6,689
93108 Santa Barbara $6,496
92091 Rancho Santa Fe $6,314
94957 Ross $6,282
91302 Calabasas $6,223
90069 West Hollywood $6,219
94123 San Francisco $6,060
94528 Diablo $5,642
92210 Indian Wells $5,580
90024 Los Angeles $5,506
93920 Big Sur $5,445
94109 San Francisco $5,395
90401 Santa Monica $5,222
93953 Pebble Beach $5,151
94946 Nicasio $5,075
90005 Los Angeles $5,021
94028 Portola Valley $4,773
91436 Encino $4,745
90212 Beverly Hills $4,639
91008 Duarte $4,629
94920 Belvedere Tiburon $4,531
94133 San Francisco $4,336
92651 Laguna Beach $4,328
94304 Palo Alto $4,237
96146 Olympic Valley $4,232
92590 Temecula $4,183
94118 San Francisco $4,179
94574 Saint Helena $4,148
91356 Tarzana $4,096
96145 Tahoe City $4,092
92625 Corona Del Mar $4,077
94508 Angwin $4,041
90292 Marina Del Rey $4,020
95494 Yorkville $4,002
90068 Los Angeles $3,944
92661 Newport Beach $3,936
96106 Clio $3,928
92037 La Jolla $3,893
94904 Greenbrae $3,868
94705 Berkeley $3,832

Frequently Asked Questions

What is the average homeowners insurance cost in California?
The average homeowners insurance premium in California is $1,864 per year, based on U.S. Treasury FIO data covering 1,545 ZIP codes. This is 5% above the national average of $1,776.
How have insurance premiums changed in California?
California homeowners insurance premiums changed by +25.4% between 2018 and 2022. The average loss ratio is 81.6%, meaning insurers pay out that percentage of earned premiums in claims.
Which ZIP code has the most expensive insurance in California?
The most expensive ZIP code for homeowners insurance in California is 90210, with an average premium of $11,603/yr. The most affordable is 92257 at $825/yr.
What is the nonrenewal rate for California homeowners insurance?
The average nonrenewal rate in California is 1.86%. This rate has changed by +112.4% from 2018 to 2022. Nonrenewals occur when an insurer declines to renew an existing policy at expiration. ZIP 91917 has the highest nonrenewal rate in the state at 21.05%.
What is a loss ratio and what does California's mean?
A loss ratio measures how much an insurer pays out in claims compared to premiums collected. California's average loss ratio is 81.6%. Ratios above 100% indicate insurers are paying more in claims than they collect, which often leads to premium increases.
How often do homeowners file insurance claims in California?
The average claim frequency in California is 3.86%, meaning that percentage of policies result in a claim each year. The average claim severity (cost per claim) is $33,692. Higher claim frequency and severity typically correlate with higher premiums.

Source: U.S. Department of the Treasury, Federal Insurance Office (FIO) Homeowners Insurance Data (2018-2022). Premiums are ZIP-level averages and may not reflect individual policy costs U.S. Department of the Treasury, Federal Insurance Office (FIO) Homeowners Insurance Data (2018-2022). Premiums are ZIP-level averages and may not reflect individual policy costs

Related

Data sourced from official U.S. government datasets. See our methodology for details. Retrieved and formatted by PlainInsure Editorial

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