Just wrote a $1000 check. How much is YOUR Home Owners Insurance?

[TPC]

Seems like for decades Crankshaft Manors premium floated around $360.
It raised a little each year.

Just hit a cool $1K.

Waddya payin'?

 

[Gramps]

anyone like me that lives in a high risk area better be ready to go without insurance

 

[shintoooo]

$6,000 this year and that's because I bundled it with my auto insurance and personal umbrella. All together it's $26,200 this year for home, auto and personal umbrella. Add in health insurance and business insurance and I'm paying $54,000 this year for insurance I never use. I'm thankful I don't have to use it but it stings.

 

[Flyinbowtie]

$8600 per year. it has quadrupled in the last 4 years.
1800 sq ft house, 1200 sq ft shop, 5 acres. This is about the midrange. I know many folks with nicer homes paying 15k.
This is one of the many reasons we are trying to GTFO.
Of course, finding a buyer who can swing that insurance nut is a problem unto itself.

 

[C-Ya]

Seems like for decades Crankshaft Manors premium floated around $360.
Just hit a cool $1K.

Waddya payin'?

The insurance for my condo building has gone from $225,000 2 years ago…….. Too, $600,000 now.

Every thing I own…….. costs more than $1000 per year to insure.

Geez……. Even my Golf Cart insurance is $2k. Cars $7500. Boat $2200

I hope my post helps you feel better about the measly grand you are paying. lol

 

[Englewood]

For what I pay in insurance every month I could have a house in the Riviera.

 

[PlumLoco]

Here's a list of insurance companies that have reduced their footprint in California.

• Liberty Mutual: Liberty Mutual announced that it would not renew dwelling fire insurance policies for about 17,000 customers in California.
• Tokio Marine America Insurance Company and Trans Pacific Insurance Company left California.
• Safeco to drop policies in the Bay Area (8/4/2023). Safeco Insurance announced they were dropping 950 policies in San Francisco and the East Bay.
• Farmers Insurance limits new home insurance policies (7/10/2023). Farmers Insurance announced that it was placing a cap on new policies in California.
• Allstate no longer selling new policies (6/4/2023). Allstate, California's fourth-largest home insurer, announced they were no longer writing new policies in the state, though they will continue to renew existing policies.
• State Farm no longer selling new policies (5/26/2023). State Farm, California's largest home insurance provider, announced it would stop writing new policies. State Farm said they will continue to issue renewals to their existing customers.

 

[Cole Trickle]

Its a terrible market right now and these fires are going to make it way worse.

Honestly I haven't seen a 1k premium on a SFD in a while unless the house is small and the deductible is really high.

$1500-2000 is the new normal for a 2000 sq foot house in OC with a $2500 deductible. Certain South OC areas have an epidemic in slab leaks and pipe failures and I have seen premiums over 3k a year for normal homes....

The fair plan is going to get killed on these recent fires and I'm not sure how they come up with the $$$ to handle the losses.

The reinsurance market has gotten very bad over the past few years and that is a big factor in cost. Throw in what I expect to be the largest loss of property dollar wise in CA history and I see most carriers heading for the hills.

Our genius Insurance commissioner just added legislation before these fires even happened that will require insurers to take on 85% of there current book of business in high risk fire zones. I'm not sure how this will play out but if it holds i think you will see most of the large carriers abandon CA completely.

CA will soon require insurers to increase home coverage in wildfire-prone areas: Here's what to know

Hundreds of thousands of California homeowners who have failed to find or lost access to home insurance as wildfires in the state become more destructive will once again be able to buy policies under a state regulation.

abc7.com

Lets put it this way the Coverage issue and this new ruling made things very ugly a week ago. Now I don't even have a guess what will happen with the amount of home and auto losses they will endure.

 

[Done-it-again]

Homeowners $2400 and no claims in 24 yrs.

Not going to add in all the other insurance I pay. I don’t want to be pissed off for the exact # but it hits 6 digits.

Workers comp
Auto policy
Product liability
Medical insurance
Life insurance

 

[bonesfab]

Both houses are around 2k each.. Don't get me started on the rest of it. All the cars are relatively cheap in the big picture of it. But the shop insurance flat out sucks.

 

[beerrun]

Ramona house is over 8k the new Bullhead house 1300.00yr we are out of CA next Saturday and just in time I think

 

[napanutt]

Just over 500 for the house. 1800ish for three full covered vehicles.

 

[HB2Havasu]

Seems like for decades Crankshaft Manors premium floated around $360.
Just hit a cool $1K.

Waddya payin'?

You're getting off cheap my friend. We're paying $2300 a year for fire insurance on a 60 year old POS House in Huntington Beach. We pay 1/2 that for the same coverage in Havasu. After all these fires nobody will be able to get a fire policy in California by 2026! Hopefully we will be in Tennessee in 2027 and out of this Godforsaken State!!!

 

[OCMerrill]

$2100 Impounded into my home loan. Tied in or bundled with Safeco's Auto insurance.

1/2 mil liability on all of it.


What's really bothering me is my business liability insurance went up nearly 20%. That was an unexpected hit.

 

[ShineSyndicate]

You're getting off cheap my friend. We're paying $2300 a year for fire insurance on a 60 year old POS House in Huntington Beach. We pay 1/2 that for the same coverage in Havasu. After all these fires nobody will be able to get a fire policy in California by 2026! Hopefully we will be in Tennessee in 2027 and out of this Godforsaken State!!!

right there with ya.... north hb

 

[RVRKID]

$1800

 

[Sandlord]

1231

 

[CLdrinker]

$1400
500k house. Mercury

 

[Flatsix66]

$8k for Ca house (3br 3ba high fire danger area)
$1k for Havasu house (3br 2ba)
$420 for Prescott house (3b 2a)

USAA for all

 

[HotRod82]

Been with State Farm forever. Last year they increased my homeowners from 4k to 16k without any warning.
I was able to cut that in half with Allstate plus a CA fair plan policy. I’m sure CA fair plan will be insolvent after this debacle in LA.

 

[rightytighty]

Got cancelled after 18 years and no claims on my weekend place. ( 5 acres in foothills). Common story.

Ca. Fair Plan was going to cost 10K/year with a 30% deductible. So, I now have liability coverage and theft, vandalism and water coverage ( as long as it's not a flood! ), but no coverage if it burns.. 50% more than my full coverage was prior.

If you have a loan on a rural/foothill type home, you are screwed, as FBT noted in post #4.

I guess that's one way to get everybody back into the big city, "where we belong"...

 

[Bajastu]

Canyon Lake, CA - 1,900 sqf house - $1,862.00 - Mercury Insurance
Parker, AZ - 425 sqf moble on property- $645.00 - American Summit Insurance

 

[McKay]

$6,000 this year and that's because I bundled it with my auto insurance and personal umbrella. All together it's $26,200 this year for home, auto and personal umbrella. Add in health insurance and business insurance and I'm paying $54,000 this year for insurance I never use. I'm thankful I don't have to use it but it stings.

Auto and Umbrella $20K.... fuck me....

 

[DarkHorseRacing]

Cal Fair Plan $5,200 (cant get normal or high risk anymore)
DIC to make it whole: $2,200.
Total: $7,400

Cost of normal homeowners insurance when I bought the home in 2009: $1,500.

CA can kiss my ass. So fucking over this state.

 

[DRYHEAT]

Modest four bedroom home on 3 1/2 wooded acres. $17,000 a year when this is your neighbor. Two close calls in four years, probably going up from there.

 

[spectras only]

Our house is on the lower right. we've escaped without damage. One house burned to the ground to the upper right corner , not in the picture. Even with swimming pool, sucked dry by FD, didn't help. Our house ins is close to $1700, we're in a fire risk semi rural area with only 2 water towers in our hill community, to supply fire hydrant. Water is pumped from the lake below.
FD had four trucks hosing roof tops with trucks backing up with bladders. We were evacuated two hours after the fire started, right behind us on top of the rock wall. I saw the smoke started blowing/. Someone saw a couple rushing out on the trail, jumping in to their cars. It was man made 100% , clear skies, moderate temperatures, not a cloud in sight. We had lot of hikers coming up, because it's a wild life sanctuary for big horn and other animals. For 3 yrs , it's been shot down for hikers , but some still creeping up. We have to be vigilant and take licence plates when we can. I hope we won't have another, granted ins company would pull out for renew.

 

[77charger]

Gonna hate to see the end results after all this. People think it’s high now are gonna make many think about living in so cal.

The insurance companies will get their money back eventually but customers are going to pay.

 

[Jimmyv]

7500 for small home in a legitimate fire zone (will probably loose all coverage this year),
2500 for primary residence but also told it’s in a ‘high fire zone’.

Pic of actual fire zone attached:

 

[SOCALCRICKETT]

2400 sq ft, with 1800 sq ft garage in havasu $2100

 

[scottchbrite]

My wife and I were talking about this last night. I don’t know totals but we’re over $6k just for the CA fair plan.

 

[Tremor Therapy]

Had AAA home insurance for over 25 years, $3600 a year for just the house. Include the cars and boat and its more like $11k!

 

[Flyinbowtie]

According to Fox, California Fair Plan has 700 million on hand to cover 6 billion in liabiities.
This will have it insolvent in short order as claims begin to come in.
Newsom is going to be going to the Feds to cover the vast majority of this...and they will be cring for bonds and tax increases.

 

[SKIDMARC]

Geez, some of you guys have crazy amounts your pay, I thought mine was bad.

12k a year for Home, 4 cars, SXS, motor home, box trailer, boat.

 

[badgas]

$4200 for the home in OC . 3780 sqft 5 bed 4 bath with pool and solar
AAA = never had a claim I'm my life.

Havasu house is $1300 with State Farm . 1400 sqft 3/2 with a pool.

 

[SLT Kota]

About 2K a year for a 4200 sq ft house in a low risk area

4800 a year for house umbrella, 3 cars, motorcycle, and jet ski.

 

[17 10 Flat]

Florida East coast. Homeowns relatively cheap...Hurricane coverage on the other hand crazy high. I don't even look any more, just pay the bill. Lot of companies have pulled out. People unable to get Hurricane coverage. Fortunately I'm insured with USAA, so far so good.

 

[Hoodoo]

FL west coast. Can’t find any, Last quote 12k with 88k deductible
North Idaho 1800$ with very small deductible.

 

[TPC]

Our house is on the lower right. we've escaped without damage. One house burned to the ground to the upper right corner , not in the picture. Even with swimming pool, sucked dry by FD, didn't help. Our house ins is close to $1700, we're in a fire risk semi rural area with only 2 water towers in our hill community, to supply fire hydrant. Water is pumped from the lake below.
FD had four trucks hosing roof tops with trucks backing up with bladders. We were evacuated two hours after the fire started, right behind us on top of the rock wall. I saw the smoke started blowing/. Someone saw a couple rushing out on the trail, jumping in to their cars. It was man made 100% , clear skies, moderate temperatures, not a cloud in sight. We had lot of hikers coming up, because it's a wild life sanctuary for big horn and other animals. For 3 yrs , it's been shot down for hikers , but some still creeping up. We have to be vigilant and take licence plates when we can. I hope we won't have another, granted ins company would pull out for renew.
View attachment 1467756

Gotta feeling the next bill will be brutal.

 

[Dannyo]

$4k oc house $5k auto.
No insurance on Havasu house yet.

 

[HB2Havasu]

One of my best friends lost his insurance policy about 18 months ago up in Crestline after those huge snow storms and fires in the area. He could buy insurance thru the state, but it wouldn't be a replacement at market value policy, so there's a huge risk holding onto his house. He's opting to just retire early, sell the house, and move out of state instead. His house is his largest source of financial equity. If he was to lose that he'd be essentially wiped out. It's a sad state that the Socialists have allowed to happen to this once amazing state!!! It makes me mad as hell.

 

[spark2678]

$4500/yr. with AAA. for 2800sq' 4/3 with detached 1000sq' metal garage in Escondido, med risk fire zone. Bundled with vehicle as well which is another $4K for (3) autos.

 

[angiebaby]

$2600/yr. 2400 sq ft home + 1500 sq ft detached garage. 2 wood stoves. Seems pretty middle-of-the-road.

 

[DaBank]

I been with Farmer's for 25 year's for personal home and auto. Had one claim 15 year's ago when a tenant brunt down a house and Farmer's was great and did not cancel me.
Me and my wife have two vehicle's and those are up to $5800 a year and we have perfect driving records. We have 2 rental homes that are about $2k each and our personal home that renewed in December 2024 that is now $3800 but was $2700 the year before and before covid was $1600. I did sell one vehicle and 2 rental homes in the middle of last year so maybe that is why my personal home went up? What is crazy all 3 of the houses are in the same community and are basically worth the same amount.

I only shopped rates once 12 year's ago when trying to combine my 2 Havasu boats and my ocean boat all with one company and it was cheaper to have them insured separately.

What other insurance companies in California are good that still does both home and auto?

 

[C-2]

$1800 for 1550 sq ft in Riverside
$7100 for 5 cars, maxed limits and umbrella, all through State Farm

My neighbor recently got a home inspection notice from State Farm, but my agent said it was most likely due to State Farm updating her replacement value, and it is not the BS where they are looking to cancel homeowners policies.

 

[lenmann]

$8,600 a year for an eight year old 4,000 sf house and shop built to the latest CA fire standards in moderate fire risk area.

Got a letter from Hartford on Jan 2 notifying me that they would not renew the policy this year. Likely headed to a CA Fair policy, nobody is writing new policies here, USAA included.

 

[BigMike]

West Garden Grove 1300sqft is $1913/yr through Farmers
Henderson, NV 2500sqft is $797/yr through Geico

 

[lbhsbz]

$972/yr for a shitbox in shithole Long Beach

Not many fires here....worst that could happen is someone steals it or crashes their V6 Charger through it.

 

[PlumLoco]

$4601/yr
Wish I had not looked it up.
3 houses + garage on 3/4 acre.
After having rented the back houses out for 5 yrs State Farm is now telling us they aren't covering the back houses unless a non-renting family member is living in them.

 

[HotRod82]

One thing I do not understand is why can't someone like State Farm write a homeowners policy excluding wildfire? I told my long time agent I would buy such a policy as my house is paid for so no lender requirements. I have my place well cleared so my wildfire risk is relatively low, a risk I would gladly take.
On a side note, I got a nasty gram from the county of SD for clearing too much brush on my 5 acres. I wrote them a letter telling them to take it up with the fire Marshall who encouraged me to do so.......never heard back.

 

[Angler]

$2700 for 2000sf single story,
Pool, slide, solar and a Doberman.