Santa Ana’s homeowners make up less than half of the population. Santa Ana’s homeowners insurance costs are also lower than the national average. Santa Ana homeowners pay an average rate for a $250,000 dwelling policy of $1,010 per year, which is lower than the average U.S. rate of $13,312 annually.
The best Santa Ana home insurance rates are not the only thing that you should consider. Bankrate has compiled this information to help you find the best home insurance in Santa Ana.
Santa Ana’s best home insurance company
Our editorial team evaluated Santa Ana’s best home insurance companies by looking at average 2021 rates from Quadrant Information Services and 2020 J.D. Power & Associates customer satisfaction scores and available discounts, accessibility, and online tools. These providers were the best for quality and price.
Mercury
Although Mercury homeowners insurance was not included in the 2020 JD Power Study, the company did earn an A rating from the Better Business Bureau. There are many coverage options available with Mercury. These include standard coverage for dwelling and liability, extended replacement cost coverage, and identity theft coverage. AM Best also gives Mercury an A+ rating, which highlights its financial strength as well as its ability to pay claims.
State Farm
State Farm is not only the most trusted provider homeowners insurance, but also offers many coverage options and discounts. State Farm offers coverage for liability, dwelling, and high-value items. State Farm has discounts available for multi-policy, roofing and safety equipment. State Farm’s financial strength is demonstrated by its Superior rating by AM Best.
USAA
USAA offers a variety of homeowner policy options to current military personnel and veterans. The standard coverages, such as liability and dwelling, are included in the policies. However, there are additional protections that may not be available with other carriers. Policyholders have the option of home-sharing and identity theft coverage if they want a more comprehensive plan. USAA is the best-rated insurer according to the 2020 J.D. The strong customer ratings are further highlighted by the Power Study, which scored 889 points out of 1000 possible points.
Progressive
Although Progressive might not be the best-rated company on the J.D. Although Progressive may not be the most prestigious company on the J.D. Power list, it offers a wide variety of standard coverages and additional options to enhance your policy. You can customize your policy by adding water backup, personal injury, and loss of use options. Progressive offers discounts such as paperless statements and bundling. You can also receive your quote in advance to reduce your premiums.
Travelers
Although Travelers might have the highest premiums, the New York-based insurer still offers rates that are lower than the Santa Ana average. For maximum savings, Travelers offers homeowners insurance options as well as discounts. It is also one of the strongest carriers financially thanks to its Superior Rating with AMBest.
Santa Ana Home Insurance Options
Santa Ana homeowners insurance is not required, unlike auto insurance. If you finance your home, lenders will require that you purchase a policy. However, a comprehensive policy provides additional protection for your largest investment. Santa Ana residents might want to look into additional coverage options such as:
- Wildfire: California ranks as the most at-risk state for wildfires. A homeowners policy should cover damage to your home’s structure. However, you need to be aware of restrictions regarding insurance or wildfires in California.
- Scheduled personal property coverage is an additional coverage that covers high-value items not covered by a standard policy. Scheduled personal property coverage includes jewelry, art, antiques, and other high-value items.
- Water backup: This optional coverage offers additional financial protection in the event that your sump pump or sewer lines become blocked, or if you have other issues.
Santa Ana home insurance discounts
Even though homeowners insurance Santa Ana is less than the national average for Santa Ana, it’s still a good idea to look into all discounts available to ensure that you get the best rate. There are many discounts available to homeowners.
- Safety equipment/monitored system: These equipment and services can help reduce your premiums. Other equipment, like gas leak detectors and fire extinguishers, can also help lower your premiums.
- Multi-policy/bundling: If you already purchase an insurance product through a carrier, such as an auto insurance policy, by adding on a homeowners policy you likely qualify for a bundling discount.
- You might be eligible for a discount on a new home if you’ve purchased a home built in the last 12 month.
With a little research, you can often save on Santa Ana homeowners insurance. These discounts are not the only way to save money on your premiums. It is also possible to compare rates from different carriers. Rates can vary greatly from one company, so it is worth comparing several options to ensure you get the best rate and coverage.
Questions frequently asked
Which is the best company for home insurance?
Your decision on the best home insurer will determine what is most important to you as a homeowner. You can pick the best home insurance company if you are looking for strong customer service, financial strength, and a wide range of coverage options.
What is the cost of Santa Ana home insurance?
Santa Ana’s average home insurance cost is $1,010 annually for $250,000 of dwelling coverage. The rate of homeowners insurance depends on many factors, including zip code, age, coverage options, and eligibility for discounts.