How Much Does Homeowners Insurance Cost in Pasadena, California

The average homeowner in Pasadena pays around $2,106 per year for insurance, according to a recent analysis by Ironside Claims.

Homeowners in Pasadena have some of the largest mortgages in the country, so it makes sense that they pay some of the highest homeowners insurance prices in California.

The average home in Pasadena is worth around $1.2 million, according to the Zillow Home Values Index (ZHVI).

The average Pasadena homeowner pays around $2,106 per year to protect that home with a standard homeowners insurance policy (including $1 million of dwelling coverage and $500,000 of personal property coverage), according to our recent analysis.

$2,106 per year ($175 per month) for a home with:

$1 million of dwelling coverage
$500,000 of personal property coverage
Based on data from Ironside Claims and insurance industry rate filings
Average home value in Pasadena: $1.2 million (per ZHVI)

Californians are used to paying higher prices for a lot of things – but property insurance isn’t one of them. According to Matic, the average homeowners insurance premium in California is $1,972 per year ($164 per month) – or slightly less than what the average Pasadena homeowner pays.

Meanwhile, the five most expensive states for homeowners insurance are all wind-prone states in the middle of the country, including Oklahoma ($6,210 per year), Texas ($4,585 per year), Nebraska ($4,505 per year), Colorado ($4,175 per year), and Kansas ($3,735 per year).

Factors Influencing Pasadena Homeowners Insurance Premiums

What’s driving homeowners insurance premiums in Pasadena?

Insurers calculate premiums based on risk. The riskier a property is to insure, the higher your premiums can be. Risk comes in many forms – from the risk of severe weather to the risk of paying for materials and labor to repair a damaged home.

Here are some of the biggest factors influencing homeowners insurance premiums in Pasadena, California:

ZIP Code & Local Risk: Certain ZIP codes in Pasadena pay higher rates than others. Homeowners in the 91107 and 91066 ZIP codes, for example, may have greater fire risk than those in the 91030 and 91031 ZIP codes in South Pasadena. Certain ZIP codes have higher average home values, raising premiums further.
House Value: The average home in Pasadena is worth around $1.2 million, according to the Zillow Home Values Index. Per that same index, the average home in California is worth around $800,000. Because Pasadena has higher-than-average home values compared to the rest of the state, insurance premiums are also slightly higher.
Coverage Options: Do you have replacement cost insurance or actual cash value coverage? Do you have a high deductible or low deductible? Some Pasadena homeowners buy insurance with maximum coverage and the lowest deductibles. Others buy “just in case” insurance for emergencies.
Labor & Material Costs: Insurance companies cover the cost of repairing a home to pre-loss condition. To do that, insurers must cover the cost of labor and materials. Various factors – from immigration laws to tariffs and inflation – influence the cost of labor and materials.
Insurance Provider: State Farm recently implemented a 17% rate hike to cover higher risk. Other insurers will likely follow suit. Depending on your insurance provider, you could pay anywhere from 20% less to 20% more for homeowners insurance.
Risk of Severe Weather: According to the California Climate Adaptation Strategy, California is already experiencing observable increases in the frequency and severity of extreme weather events. Specifically, California has reported more frequent and severe heat waves and wildfires, more variable precipitation, and a succession of droughts – all of which impact the price of insurance in Pasadena.
Personal Risk Factors: Insurance companies in California are forbidden from using credit scores to calculate auto or home insurance premiums. However, they use other personal risk factors – like claims history, home security features, and lapses in coverage – to calculate risk.

Pasadena vs. the Rest of California

The average homeowner in California pays $1,972 per year for homeowners insurance, according to Matic, placing the Golden State in the low-middle of the pack.

One study, in fact, found the average California household spends just 4.6% of its homeownership expenses on insurance, which is far below the nationwide average.

Of course, California is a large and diverse state. There’s a big difference between shopping for homeowners insurance in Pasadena, Paso Robles, and Petaluma.

NerdWallet compared city-level data across California to determine which areas had cheaper insurance and which areas had more expensive insurance. The calculation used a much lower home value ($300,000 of dwelling coverage) than the average home in Pasadena, which is why the numbers are lower than our average Pasadena calculation above ($2,106 per year for $1.2 million of coverage).

Here’s how Pasadena compares to other California cities for homeowners insurance, according to NerdWallet:

Pasadena ($1,602 Per Year for Homeowners Insurance with $300,000 of Dwelling Coverage)

Anaheim: $1,410 per year
Bakersfield: $1,235 per year
Long Beach: $1,340 per year
Los Angeles: $1,570 per year
Oakland: $1,390 per year
Sacramento: $1,195 per year
San Diego: $1,305 per year
San Francisco: $1,345 per year
San Jose: $1,090 per year
Stockton: $1,270 per year

Overall, Pasadena pays higher-than-average rates than the rest of the state – but the area also has higher-than-average home values and fire risk.