Fresno Homeowners Insurance

Your Complete Guide to Fresno, CA, Homeowners Insurance

(How to find the best policy for you)

Located in the lush San Joaquin Valley in the central portion of California, Fresno is the business and transportation center for four agricultural regions in what is called the “agribusiness center of the world.” Normally sunny, Fresno experiences over 200 clear, sunny days every year, with summers typically hot and dry. 

The introduction of irrigation and grape growing in the valley brought wealth, however; the city was incorporated in 1885. Before long, vineyards were being planted by local citizens as well as French, Italian, and Swiss immigrants.

Whether you are a life-long inhabitant of Fresno or you moved there for job opportunities, if you purchase a house, you will need a dependable homeowners insurance policy. Local independent insurance agents can help you obtain the best and most affordable insurance coverage for your Fresno home. 

Find an insurance agent near you to learn more, and you can soon start comparing personalized homeowners insurance quotes from an assortment of highly rated insurers.

What Is the Cost of Homeowners Insurance in Fresno, CA?

The average cost of homeowners insurance in Fresno is slightly higher than the state but lower than the national averages. This makes the need to shop around for the best price even more imperative. Comparing rates can possibly save you hundreds of dollars every year.

  • National average yearly premium: $2,305
  • California average yearly premium: $1,166
  • Fresno, CA, average yearly premium: $1,713

Of course, averages can only give you a vague idea of what you might have to pay because home insurance costs can vary from one homeowner to another. This is because they are calculated in accordance with several different factors, such as the following:

  • The size, age, and value of your house
  • The kind of home you are insuring
  • The number of stories in your home
  • The crime rate and weather risks in your ZIP code
  • Your claims history and credit score

If you are bundling your coverage with another policy such as car insurance or life insurance, you may qualify for significant discounts. Comparing quotes allows you to choose the homeowners policy that offers you the best coverage at the lowest price. Local independent insurance agents in Fresno make comparison shopping for homeowners insurance simple.

Does Fresno Homeowners Insurance Cover against Catastrophic Events?

Your homeowners insurance policy is designed to cover against many of the threats you are likely to face as a property owner in Fresno. This includes a wide range of catastrophic events such as residential fires and severe weather events. You will want to make sure your home and contents coverage limits are high enough to enable you to rebuild or replace, in the event of a disaster.

Catastrophic events in California

  • Number of federally declared disasters in California since 1953: 330
  • Most common reasons for disasters in California: Fires
  • Average number of tornadoes annually in California: 11
  • Average amount of property damage per year in California: $4,158,620,000

Residents are most at risk for damage caused by wildfires, residential fires, flooding, water damage, earthquakes, tremors, severe, lightning damage, burglary, and other property crimes. Mercifully, most of these threats are covered by most homeowners insurance policies.

Nevertheless, it is extremely important to be aware that flood damage is not covered by home insurance. This is the case even if the flood is the direct result of a covered hurricane.

Residents near waterways such as the San Joaquin River are most at risk for flood damage, however, when torrential rains fall, flash flooding can happen almost anywhere. Fortunately, a local independent insurance agent can help you augment your coverage with a flood insurance policy through the National Flood Insurance Program (NFIP).

Why Do Fresno Homeowners Need Liability Insurance?

Liability claims can happen to anyone and they can be very costly. That is the reason your home insurance policy also provides you with personal liability coverage.

Homeowners liability insurance is designed to cover the various expenses you may accrue if you are to blame for damage related to a covered event. Some examples of situations in which this personal liability coverage can protect you include the following:

A local independent insurance agent in Fresno can explain your homeowners liability coverage in better detail. If you need higher liability limits, your agent can assist you in obtaining your agent can help you obtain an economically priced umbrella insurance policy. Umbrella insurance is an affordable route to boost all your liability coverages.

Does Fresno Homeowners Insurance Cover against Burglaries?

The burglary rate in California, and in Fresno in particular, is lower than the national average. This is not to say the risk does not exist. The following are the most recent number of burglaries:

  • Number of burglaries per 100,000 people in the US: 376
  • Number of burglaries per 100,000 people in California: 416.2
  • Number of burglaries per 100,000 people in Fresno: 346

Being the victim of any type of property crime is traumatic enough. If a burglar breaks into your Fresno home, it may comfort you to know your homeowners insurance can provide compensation for your losses as well as for any property damage.

Since home security systems help to deter thieves, many insurance companies offer discounts to policyholders who have installed burglar alarms in their homes. A local independent insurance agent can assist you in finding potential discounts for which you may qualify.

Why Work with a Local Independent Insurance Agent in Fresno, CA?

The simplest way to find a terrific homeowners policy is by working with a local independent insurance agent. These insurance professionals work for you, not for a specific insurance company, so you can be sure you are getting reliable advice as you shop for the homeowners insurance coverage you need to cover your Fresno home.

Local independent insurance agents in Fresno are ready to help. Contact an insurance agent near you today to start comparing tailored homeowners insurance quotes.

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