Find Affordable Homeowners Insurance

Norwalk CA Home Insurance Rates

The average price of homeowners insurance in Norwalk, CA is $1,152.87 per year. It costs more than the state average by $167. But at least it’s $20 less than the national average.

Using our comparison tool, we looked at home insurance rates in Norwalk, CA. Based on our analysis:

  • Allstate is the cheapest home insurance provider in Norwalk, with a company average of $513. It also boasts the lowest rates for older homes with $300,000 and $400,000 coverage.
  • Pacific Property & Casualty is the most affordable provider for people who want to insure their new homes with $400,000 coverage.

Where to Find Cheap Homeowners Insurance in Norwalk, CA

We compared 49 home insurance companies in California that are servicing Norwalk. From there, we picked those that had the lowest prices.

The 10 best homeowners insurance rates based on company average are:

  1. Allstate ($513)
  2. Mercury Ins Group ($555.75)
  3. Pacific Specialty ($661)
  4. AAA Interinsurance Exchange ($671.25)
  5. CSE Safeguard ($700)
  6. ASI Select Ins Corp. ($701)
  7. Pacific Property & Casualty ($702.50)
  8. Wawanesa ($742.25)
  9. Safeco ($747.75)
  10. Universal North America ($768.50)
CompanyAnnual rate for a new house & $400k coverageAnnual rate for 7-15 yr house & $400k coverageAnnual rate for 7-15 yr house & $300k coverageAnnual rate for 26-40 yr house & $300k coverageCompany Average
Average$954.77$1404.60$1091.23$1160.88Norwalk Average: $1152.87
Allstate$399$659$497$497$513
Mercury Ins Group$400$703$551$569$555.75
Pacific Specialty$546$854$654$590$661
AAA (Interinsurance Exchange)$406$904$684$691$671.25
CSE Safeguard$455$827$739$779$700
ASI Select Ins Corp$481$856$678$789$701
Pacific Property And Casualty$349$921$696$844$702.5
Wawanesa$595$954$716$704$742.25
Safeco$647$922$711$711$747.75
Universal North America$481$924$740$929$768.5
First American Specialty$618$1,011$726$726$770.25
Tokio Marine America$736$949$718$718$780.25
Travelers$629$1,002$791$742$791
California Casualty$499$991$836$867$798.25
Aegis Security$711$941$709$857$804.5
QBE$685$919$738$925$816.75
USAA$761$993$767$805$831.5
Amica Mutual$777$1,074$842$842$883.75
State Farm$587$1,149$878$950$891
MAPFRE Group$714$1,226$913$956$952.25
California Capital$770$1,167$930$950$954.25
Stillwater Ins Co$642$1,248$971$965$956.5
General Ins$632$1,211$968$1,032$960.75
Stillwater Prop & Cas Co$648$1,286$999$1,009$985.5
Grange$850$1,212$953$953$992
IDS Property Casualty$802$1,226$907$1,044$994.75
Amco$678$1,374$1,068$1,113$1058.25
Nationwide$681$1,380$1,073$1,118$1063
American Security$872$1,246$936$1,199$1063.25
Western Mutual/Residence$896$1,200$929$1,251$1069
Integon/National$986$1,358$1,019$1,019$1095.5
Homesite$1,021$1,356$1,055$1,118$1,137.5
Liberty Ins Corp$754$1,359$1,095$1,401$1152.25
Horace Mann$1,143$1,524$1,086$1,151$1,226
American Reliable$1,172$1,413$1,103$1,352$1,260
Farmers (Fire Ins)$974$1,577$1,274$1,221$1261.5
American Modern$1,349$1,470$1,070$1,179$1,267
Horace Mann P & C$1,200$1,600$1,141$1,209$1,287.5
Hartford (Sentinel)$1,120$1,715$1,413$1,634$1,470.5
Kemper$1,155$1,790$1,462$1,489$1,474
Foremost Insurance$1,598$1,758$1,252$1,382$1,497.5
Metropolitan Direct$1,254$1,899$1,458$1,529$1,535
Cincinnati Ins Co$1,686$2,111$1,600$1,679$1,769
Encompass$1,672$2,328$1,782$1,782$1,891
AIG Prop Cas$1,863$2,323$1,763$1,849$1,949.5
Bankers Standard$1,942$2,566$2,393$2,508$2,352.25
Chubb/Federal$2,775$3,475$2,743$2,743$2,934
Privilege Underwriters Exch$3,218$4,470$3,352$3,352$3,598

Annual home insurance for a new house with $400,000 coverage are cheapest if you get them from:

  1. Pacific Property & Casualty ($349)
  2. Allstate ($399)
  3. Mercury Ins Group ($400)
  4. AAA Interinsurance Exchange ($406)
  5. CSE Safeguard ($455)

The top homeowners insurance companies for a 7-15 yr house with $400,000 coverage are:

  1. Allstate ($659)
  2. Mercury Ins Group ($703)
  3. CSE Safeguard ($827)
  4. Pacific Specialty ($854)
  5. ASI Select Ins Group ($856)

Yearly home insurance cost for a 7-15 yr house with $300,000 coverage is lowest at:

  1. Allstate ($497)
  2. Mercury Ins Group ($551)
  3. Pacific Specialty ($654)
  4. ASI Select Ins Corp. ($678)
  5. AAA Interinsurance Exchange ($684)

And if you want $300,000 coverage for a 26-40 year old house, these companies have the best prices:

  1. Allstate ($497)
  2. Mercury Ins Group ($569)
  3. Pacific Specialty ($590)
  4. AAA Interinsurance Exchange ($691)
  5. Wawanesa ($704)

Why compare home insurance rates in Norwalk, CA?

Each company has a unique price for a certain policy. And while different companies can offer similar home insurance policies (i.e. HO 3, HO 5), there will be slight variations in coverage. This is particularly true for the HO1 and HO3 policy form which include coverage for “named” perils – a list that varies across providers. For example, an HO 3 policy from Provider A might protect against floods, but Provider B may not.

Since you’re buying homeowners insurance in Norwalk, there are four things you should know upfront:

  • Which home insurance companies serve Norwalk CA
  • What policies these companies offer
  • The types of home insurance coverage included in these policies
  • How much a policy is going to cost you

Once you have this information, you can weigh the options available to you – and choose the best one.

What Is A Peril In Insurance Coverage for Homes?

In home insurance, a peril is any occurence that (1) poses a risk (2) or results in actual loss or damage to a home and/or property insured by a policy. Examples of perils that may covered by an insurance policy are:

  • Fire
  • Lightning
  • Hail
  • Windstorm
  • Smoke damage
  • Explosions
  • Theft
  • Vandalism
  • Civil disturbances
  • Vehicular crash

When shopping for homeowners insurance, find out which perils are covered. This will help you decide on a policy that suits your needs.

Open Perils vs Named Perils – What’s the Difference?

There are two types of perils in insurance which you need to be aware of: open perils vs named perils.

A named perils policy protects you against risks that have been specifically listed by a provider. Other names for named perils include broad perils, broad form policy, and broad form insurance. The HO-1 and HO-2 are broad form insurance policies that can protect you from named perils.

An open perils policy protects against all risks, except for perils that have been specifically excluded by a provider. Other names for open perils include special perils, special form insurance, and all risk policy. Most home insurance companies in California have stopped calling it an all risk insurance since it misleads buyers into thinking that it guarantees full protection. The HO-3 and HO-5 are special form insurance policies that can protect you from open perils.

Living In Norwalk, CA – What Is It Like?

Norwalk feels more like a suburban. The California city grew by a mere 0.5% in 7 years to a population of 106,084. There isn’t much to see here apart from a few shopping centers, movie theaters, and restaurants. However, it does have a few nice qualities.

For instance, Norwalk has reasonable housing costs with a median value of $375,400. Compared to the rest of California, that’s at least $68,000 cheaper. As for income, the average household in Norwalk earns $63,669 per annum. It doesn’t quite meet the state average of $67,169. But compared to many places in California and the United States, it’s a sizeable number.

Disclaimer:

The home insurance costs on this web page were retrieved from the official website of California Insurance Department. Actual rates may vary from the displayed costs. Only use our website as a general guideline to compare home insurance rates. Statistics involving US cities and states were sourced from the United States Census Bureau website.

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