Fresno, CA Homeowners Insurance
Learn more about home insurance in Fresno.
Learn more about home insurance in Fresno.
Home insurance is an important part of owning a home. Along with your personal property, homeowners insurance covers your dwelling against many perils, including wind damage, fire, and vandalism. With the relative frequency of such incidents -- along with the high cost of rebuilding or repairing a home -- purchasing home insurance is a smart investment.
What you pay for homeowners insurance factors in variables such as the cost of building materials, the value of your personal belongings, and the overall value of the primary dwelling. Your home's location can also impact how much you pay, as some locations are more prone to destructive hazards. If your area is at risk of being affected by hail, strong winds, fire, frozen pipes, or volcanic activity, then your premiums could be substantially higher than average. Find out more info about what is covered by a homeowners insurance policy.
If you want to find cheap home insurance coverage in Fresno, start with looking around and comparing what different companies offer. Take a look at the summary below showing average home insurance premiums in Fresno to help you get as much information as possible when you start your search for homeowners insurance. One thing to note is that the yearly cost of homeowners coverage is determined based on your chosen coverage limits as well as a number of other rating factors.
What you pay for homeowners insurance in Fresno will depend on the insurance company you get your policy through. Mercury offers the most affordable home insurance in Fresno, at just $534 per year. This compares favorably to the city’s average homeowners premium of $956.
Below you'll find a list of the cheapest homeowners insurance companies in Fresno, California to help you start your search.
| Company | Average Annual Rate |
| Mercury | $534 |
| Allstate | $672 |
| AmTrust NGH | $724 |
| State Farm | $808 |
| USAA | $824 |
How much you spend on home insurance coverage is greatly affected by the level of coverage you choose. In Fresno, carrying $200K dwelling coverage costs an average of $665, while carrying additional coverage up to $400K costs $1,269 per year.
| Coverage Level | Average Annual Rate |
| $100,000 Dwelling | $396 |
| $200,000 Dwelling | $665 |
| $250,000 Dwelling | $835 |
| $400,000 Dwelling | $1,269 |
Home insurance costs can vary depending on what area of Fresno in which you live. Policies are often priced on local variables such as the number of claims filed in the immediate area, meaning the neighborhood in which you live could have a major impact on how much you pay to insure your home.
The cheapest home insurance rates in Fresno are available in 93710. In 93710, the typical home insurance policy costs $908 per year — $48 less than the citywide average in Fresno. The below table shows the best places to live in Fresno if you’re looking for affordable homeowners insurance.
| ZIP Code | Average Annual Home Insurance Rate |
| 93710 | $908 |
| 93720 | $913 |
| 93741 | $915 |
On the other hand, some areas of Fresno face higher homeowners insurance costs, on average. Crime rates, fire risk, and even your proximity to emergency services could lead insurance companies to see certain neighborhoods as higher risk, which could drive up area rates. The most expensive ZIP code for homeowners insurance in Fresno is 93706, where the average annual rate is $1,007.
| ZIP Code | Average Annual Home Insurance Rate |
| 93706 | $1,007 |
| 93725 | $1,003 |
| 93701 | $997 |
Looking for insights on homeowners insurance in a specific city? Check out our analysis of populous California cities:
One of the many decisions available when shopping for homeowners policies is how high or low to set your deductible. A homeowners deductible is the amount for which a homeowner is responsible before an insurance company steps in to cover costs. The deductible that you choose can impact your insurance rates directly.
When thinking about your deductible, a good rule of thumb is that the lower your deductible, the higher your premiums. Therefore, it might make sense to set a higher deductible if your are hoping to pay lower rates. Remember that your deductible should not be set at an amount that you would have difficulty paying in the event of a loss.
Take a look at may of the average deductibles offered by insurers and an approximation of average premiums.
| Deductible Level | Average Annual Homeowners Insurance Rate |
| $500 | $937 |
| $1,000 | $835 |
| $1,500 | $785 |
| $2,000 | $710 |
| $5,000 | $595 |
One way to save on insurance costs is to think about bundling your homeowners and auto insurance policies through the same company. Bundling your homeowners and auto insurance can save you a substantial sum each month on your auto insurance bill. Bundling policies in Fresno could, in fact, lead to average annual savings of 12%.
| Company | Avg. Annual Auto Insurance Rate (With Bundle) |
| Mercury | $1,160 |
| GEICO | $1,191 |
| Allstate | $1,722 |
| Farmers | $1,723 |
| State Farm | $1,806 |
It's definitely worth considering bundling both your auto and home policies as a potential way of saving money.
