Stockton’s average home insurance rate is $924 per annum for $250,000 of dwelling coverage. Home insurance rates in Stockton are relatively affordable considering that California’s most costly cities, San Francisco, San Jose, and Sacramento, are all within 60 miles of Stockton. The median property value in Central Valley is $368,000.. However, the Central Valley’s property values have increased by more than 13% in a single year. Stockton’s rising housing costs could be offset by lowering homeowners insurance premiums.
Bankrate gathered quotes from homeowners from several home insurers. Combining our research into the provider’s customer reviews and coverage options, as well as any discounts, we were able select five of the best home insurance companies in Stockton.
Stockton’s best home insurance company
California offers many home insurance companies, some of which are based in California, like Mercury Insurance and CSAA Insurance Group. We searched for the lowest home insurance rates among companies with positive customer reviews to narrow down our selection.
J.D. J.D. Power’s annual independent survey is a great source of customer ratings. To gauge customer satisfaction, Power collects feedback from policyholders. These five carriers offer affordable home Insurance rates for Stockton, while still providing excellent customer service.
Mercury insurance, a California-based company, is well-known for providing low-cost, no-frills coverages for homes and vehicles. Stockton residents looking for affordable home insurance are attracted to its rates. Mercury’s add ons to HO-3 can increase your home insurance. Optional service line coverage covers damage to underground electric, phone and internet lines. Mercury offers home warranty coverage that covers repairs and replacements of your HVAC, appliances, and electronics.
USAA is close behind Mercury insurance, with home insurance rates that are only $33 more per year. But not everyone can access the members-only insurance products. USAA is only available to eligible military personnel, veterans, and their families. If you are eligible, your low home insurance rate includes a valuable bonus — replacement costs coverage which replaces your home with newer versions.
Stockton residents have great options for progressive home insurance. Bundling home insurance with vehicle coverage may help you beat the $611 annual average rate for home insurance. Progressive claims that customers who bundle their home and auto insurance will save 20% on average. It is easy to verify the accuracy of Progressive’s claims. You can get an online quote for home and car insurance in just a few moments.
State Farm’s greatest strength is the availability of Stockton agents. The 13 licensed State Farm agents are available to assist you in your home insurance needs. They also have offices in the. The website and mobile app are both well-designed, so you can still contact local State Farm agents. 24/7 access to your policies, payments, and claims.
Although Travelers insurance is not the most affordable home insurance company, it is worth looking into. Travelers offers the most home insurance options. Stockton homeowners insurance policies can be upgraded to include green coverage. This covers you for repairs or replacements, as well as replacement cost coverage which reimburses for the cost of new items. Water backup/sump pump overload coverage pays for water damage losses.
There are other Stockton home insurance options you might consider
California does not require homeowners insurance. A home destroyed by a wildfire can cost hundreds of thousands to replace. Home insurance premiums that are annually paid are much cheaper, and they provide financial protection in the event of a loss to your home or other belongings. Homeowners insurance can be a good way to protect yourself from disaster. Stockton also offers additional coverages that can be life-saving.
- Green coverage: The area’s energy costs are 80% more than the national median. You could save money by replacing your home’s structures and systems with more efficient versions.
- Earthquake insurance. There hasn’t been a major earthquake in Stockton for decades. California could be in need of one. If your property is damaged by a seismic event, homeowners insurance does not cover it. The California Earthquake Authority offers affordable earthquake insurance.
- Flood insurance: All Stockton buildings and construction must conform to flood zone regulations. Flooding is not included in standard home insurance plans. This coverage would have to be added to your policy.
Stockton home insurance discount
Bankrate’s Stockton average homeowners insurance rate may be lower than yours if you take advantage of the discounts offered by many carriers. The following are some of the best discounts:
- Green home discounts: Your premiums could be reduced if your home is LEED-certified, or constructed with energy-efficient materials.
- Bundling: An average Stockton resident has two cars per family. Bundling home and car insurance could help you save money.
- Protective devices: Home security systems, carbon monoxide detectors, smoke alarms, and water/flood sensors all add an extra layer of safety to your home. Any or all of these protective devices could be eligible for a discount.
- Fire resistance: You could get a discount on your home insurance premiums if your roof and home were designed to resist fire.
Questions frequently asked
Which is the best company for home insurance?
Based on customer ratings and rates, our top picks for home insurance Stockton are Mercury Insurance and USAA. State Farm, Progressive, State Farm and Travelers. Compare quotes from multiple insurance companies to find the best fit for you and your budget.
What is the cost of Stockton’s home insurance?
Bankrate research shows that the average Stockton home insurance rate is $924 per annum for $250,000 dwelling coverage. This amounts to $77 per monthly.
What amount of Stockton home insurance do you need?
Stockton, California does not require homeowners insurance. Your lender might require that you have an HO-3 policy. This is the minimum coverage they are willing to accept.