Homeowners Insurance Cost in El Dorado Hills California

What you need to know about homeowners insurance in El Dorado Hills California. The average cost for homeowners insurance in California is roughly $1,050 annually. Which makes the cost of homeowners insurance in California around 35% lower than the national average. The easiest way to get the best coverage and most affordable rate is to shop around with multiple home insurance companies. At Eugene C Yates Insurance Agency we make that process easy and fast. Our agents have access to the top homeowners insurance companies in the industry and they are very well versed on the home insurance discounts available.

Homeowners insurance rates will vary from state to state and home insurance company to home insurance company. Policy cost could vary depending on claims history, size of the home, risky features, security systems and the age of the home. 

The cheapest homeowners insurance in California

The lowest price may not always be the best option. You will want to make sure you have enough coverage to rebuild the home if the worst were to happen. Although, homeowners insurance is not a requirement by state law, if you carry a mortgage on the home more than likely the lender will want you to have coverage. 

One of the best ways to get lower homeowners insurance rates is to take advantage of discounts available. Below are a few of the basic homeowners insurance discounts;

• New home construction
• Age of home (five years or less)
• Home and auto bundle
• Series of upgrades (electrical, heating, plumbing)
• Age of home (10 years or less)
• Construction type (fire resistive, superior)
• Roof upgrade
• Advance purchase
• Loyalty (10 years or more)

How do I get homeowners insurance discounts?

Homeowners discounts will fall into 4 categories:

• Your home’s building materials, age and upgrade status
• Your home’s security
• Your policy
• Your homeowner profile

When it comes to weather damage, accident and theft prevention, you may be eligible for a discount:

• Upgrade your electrical, plumbing, heating system
• Install storm-proof materials
• Install water-leak and fire-prevention systems or alarms, sprinklers, smoke detectors etc.
• Install security system, or deadlock bolts

How to qualify for homeowners insurance discounts? You may be able to get a discount by doing the following:

• Bundling your coverage with your auto insurance, or other types of insurance
• Staying with the same company to earn a loyalty discount
• Not filing claims for three to five years
• Paying in advance, paying in full, or setting up electronic funds transfer

Some insurance discounts may apply if you:

• Are married
• Are a non-smoker
• Are retired
• Live in a gated community
• Are in the military, or having a certain type of job

El Dorado Hills California homeowners insurance prices by coverage levels

The amount of homeowners insurance coverage you choose, will be a big determining factor on what the rate will be. $250,000 dwelling coverage will cost an average of $850 per year. While $400,000 in dwelling coverage will run you around $1,290 per year.

You’ll want to find out how much coverage you need. Being underinsured can be a disaster and no one wants to pay for more coverage than they need. It’s always best to speak to an agent to ask questions about coverage amounts. It’s also a very good idea to look into rebuild costs and materials. 

Homeowners insurance deductibles in El Dorado Hills California

One of the easiest ways to adjust your homeowners insurance premium how you want it, is by changing the deductible. The lower your home insurance deductible is, the higher your rate will be. The higher your home insurance deductible is, the lower your rate will be. Before you make any adjustments you’ll want to know whether or not it fits into your lifestyle. A higher deductible would mean you have to come out of pocket more than a lower deductible. 

Homeowners insurance quote

If you would like more information or would like a free customized homeowners insurance quote, please give us a call at 916 313 6100. One of our amazing agents will walk you through the steps and answer all of your questions.