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Best Home Insurance in San Diego, CA

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Do you have homeowner’s insurance? If you don’t, you might be putting yourself at risk financially if a natural disaster or accident occurs in your area. Today, we’ll introduce you to a few of our favorite providers of homeowners insurance in San Diego, California, as well as a little more information on what homeowners insurance does and doesn’t cover.

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Best Home Insurance Providers in San Diego, CA:

Best Home Insurance Providers in San Diego, CA

Before we jump into a crash course on homeowners insurance, let’s take a look at some of our favorite insurance providers offering policies in San Diego. 

1. Best Overall in San Diego, CA: Hippo

Hippo Home Insurance is a comprehensive home insurance company offering affordable and generous policies. With Hippo, you can receive a quote for coverage in as little as 60 seconds and sign up for a policy in minutes.

Hippo’s insurance policies are generous, including coverage for perils that aren’t offered under most standard policies. For example, Hippo’s policy includes coverage for sewer overflow without a separate sewer line insurance policy. Hippo’s policies even include coverage for housekeepers, babysitters and anyone else who works in your home. 

2. Cheapest Home Insurance in San Diego: State Farm

As one of the largest homeowners insurance companies, you might already have an insurance policy from State Farm. It offers a wide range of insurance options — and its coverages are also exceptionally affordable as well. Bundle your home, auto and other insurance and save with State Farm.

This insurer also offers you with a number of additional ways to save, including discounts for installing a home security system and replacing your roof with dent-proof materials.  

3. Best for Extended Coverage: Mercury Insurance

A total loss of your home can be absolutely devastating — both psychologically and financially. Mercury Insurance provides extended replacement cost coverage in the event that your home is totally destroyed after a covered peril. If your home is deemed a total loss, Mercury Insurance will provide you with up to 150% of your home’s policy limits to help you rebuild your home.

Mercury Insurance’s home policies also include a generous list of additional coverages, ranging from identity theft protection to coverage for living expenses if you need a remote place to stay while your home is being repaired.

4. Best for Discounts: Allstate

No one wants to pay more for their insurance than they absolutely have to. When you choose a policy from Allstate, you can take advantage of over 10 unique discounts.

With Allstate, you can save up to 25% when you bundle your home and auto insurance together — but the savings don’t stop there. You can save even more by signing up for insurance at least 7 months before your new policy goes into effect, from switching from a competitor to Allstate, choosing automatic premium payments and even staying claims-free. 

5. Best for Military Families: USAA

USAA is a special home insurance provider that only offers policies to active members of the armed forces and veterans. Though not everyone will qualify for a policy through USAA, those who do will find affordable rates and generous coverages.

USAA’s homeowners insurance policies offer coverage for everything from natural disasters to identity theft. It also offers additional coverage for homeowners who rent out their homes, which can be a perfect addition for homeowners stationed away from their primary residence. 

Average Annual Home Insurance Premium in San Diego

The average homeowner in San Diego will pay about $905 per year for homeowners insurance — that’s about $75 per month. Homeowners in San Diego pay less for their home insurance than the national average of $1,083 per year and California’s average of $974. San Diego’s mild climate helps to decrease homeowner insurance costs.

Most homeowners insurance companies also offer a number of discounts you can use to lower the price you’ll pay for insurance even further. Some of the most offered discounts include:

  • Discounts for installing a home security system: If you have a home security system on your property, you’re less likely to suffer a break-in and need to file a claim with your insurance provider. This makes you less of a liability to insure, which lowers the amount you’ll pay each month for coverage.
  • Discounts for specialized roofing: Most homeowners insurance policies cover damage to your roof, like a roof leak or missing shingles after a windstorm. Newer roofs and roofs made with dent-resistant materials are less likely to be damaged during a covered peril. Some homeowners insurance companies offer discounts to policyholders whose roofs are new or created with special dent-proof materials.
  • Discounts for payment and paperwork: Most homeowners insurance companies offer discounts to encourage prepayments and fewer paper statements. For example, you can save up to 5% on your Allstate homeowners insurance when you sign up for automatic payments, and American Family offers discounts for policyholders who elect to receive paperless statements via email.
  • Higher deductible discounts: When you purchase a homeowners insurance policy, you may have the chance to choose your own deductible. A deductible is the set amount of money you need to spend per-claim before your insurance company begins covering your repair or replacement bills.

For example, let’s say that you suffer a house fire that causes $10,000 worth of damage. If your homeowners policy has a $1,000 deductible, it means that you’re responsible for $1,000 worth of repair expenses. Your insurance company will cover the remaining $9,000.

Though you can almost always save money by choosing a higher deductible for your plan, keep in mind that an accident can happen at any moment. You’ll need to be able to pay your deductible before you can use your insurance. You should only choose a deductible that you can comfortably afford — if you don’t have $2,000 in savings, you shouldn’t take on a $2,000 deductible.

  • Bundling discounts: Most major homeowners insurance companies also offer other types of insurance, ranging from car insurance to business insurance. If you purchase your homeowners insurance from the same company that you already have a policy from, you may be able to save up to 25% by bunding your coverages.

Additional discounts may be available depending on your provider. Contact a representative from your insurance company to learn more about the specific discounts available to you. 

What Does Homeowners Insurance Cover?

So, what exactly does homeowner’s insurance cover? As a general rule, you can expect your homeowners insurance policy to offer at least the following coverages.

  • Dwelling coverage: Dwelling coverage is the most basic protection that your homeowners insurance policy offers. Dwelling coverage compensates you for damage that occurs to the physical structure of your property, including your roof, your home’s walls and your flooring. Dwelling coverage also extends to structures attached to your home, like a garage.

When you enroll in a homeowners insurance policy, your policy provider will provide you with a list of covered perils — events that can damage your home that your insurance company covers. Some of the most commonly covered perils include fires, theft, lightning storms and the weight of snow. As long as the cause of your damage is included on your policy’s list of covered perils, you’ll receive compensation for the damage to your home’s structure.

  • Other structures coverage: Your homeowners insurance coverage also usually extends to other structures on your property, for example, a detached garage, pool shed or fence. These structures are subject to the same peril standards as your dwelling.
  • Personal property protection: Your homeowners insurance doesn’t only cover your home’s physical structure — it also extends to the things you own. Personal property protection compensates you if your belongings are damaged or stolen as the result of a covered peril.

Your personal property protection often also extends outside of your home. For example, if you lose your expensive cell phone during a vacation, your homeowners insurance will often help you replace it.

  • Liability coverage: Liability coverage is a type of legal protection that helps you if someone attempts to sue you after being injured on your property. For example, if a guest trips over a tile in your walkway, falls and breaks his arm, he may sue you for the cost of his medical bills. In this event, your liability protection would help you pay for a lawyer to represent you, as well as any judgements awarded by a court. 

What Does Homeowners Insurance Not Cover? 

Even the best homeowners insurance company won’t cover everything. Let’s take a look at a few of the most common exclusions you’ll typically see on your policy.

  • Damage above your coverage limit: Every homeowners insurance policy comes with a limit on the total dollar amount of damage it covers. For example, if your policy has a limit of $100,000, it means that your insurance won’t cover damage over $100,000. Anything beyond your policy limit will require you to cover the costs out of pocket.
  • Damage from flooding: Homeowners insurance policies don’t cover damage from flooding. If you live in a flood-prone area (for example, near a river or lake) you can purchase flood insurance through FEMA’s National Flood Insurance Program.
  • Damage from earthquakes: Most homeowners insurance policies also don’t cover damage that results from an earthquake. If you live in an area where earthquakes are common, you may be able to purchase a separate earthquake add-on through your insurance company.
  • Damage to your vehicle: Your homeowners insurance protections don’t extend to your vehicle, even if it’s parked inside of an attached garage when it’s damaged. If you want protection from damage and theft to your vehicle, you can purchase a comprehensive coverage policy from your car insurance provider.

Every homeowners insurance policy is different — and your policy may include other exclusions not listed. Contact your insurance provider to learn more about the specifics of your policy. 

Choosing the Right Homeowners Insurance Policy

Getting a quote for homeowners insurance is now easier than ever before. Most homeowners insurance companies allow you to get a quote online in as little as a few minutes. We recommend getting quotes from a few competing insurance companies to ensure that you’re getting the best price possible, as coverage rates can vary widely from provider to provider.  

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