Cheap Homeowners Insurance Daly City

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cheap homeowners insurance daly city 2Daly City is located south of San Francisco, and is the largest city in San Mateo County. The neighborhoods in Daly City include Westlake, St. Francis Heights, Serramonte, Top of the Hill, Hillside, Crocker, Southern Hills, and Bayshore. These neighborhoods are popular home destinations because of their central location, diversified economy, and excellent transportation. The cost of living in Daly City is 166, which is 22% higher than the California average and 66% higher than the national average. Homeowners in Daly City have a median income of $93,068, and the median home price is $564,000.  If you own a home here it is very important to understand how much insurance you need according to the statistical features of the area. This will help you get the best cheap homeowners insurance Daly City has available.

cheap homeowners insurance daly cityCrime rates have an important impact on the homeowners insurance rates in Daly City. Crime rates in Daly City are 38% lower than the state average, and 34% lower than the nation’s mean. Property crime is 37% lower than the state average, and 33% lower than the country’s average. There are a total of 147 Daly City police officers, which equals 1.4 police officers per 1,000 residents and is 60.6% less than the California average and 56.4% less than the National average. The city also has an active neighborhood watch program, which helps reduce neighborhood crimes and creates a partnership between law enforcement and the community.

Another important consideration for homeowners is the geological characteristics of the city.  Seismic faults in and near Daly City include the San Andreas Fault, Hillside Fault and Serra Fault. In addition, Daly City and the surrounding areas have a long history of shallow and deep-seated landsliding. Both earthquake and flood damage are not usually included in a basic homeowners insurance policy. Adding these to your insurance is a good idea if you live in the Daly City area.

About Homeowners Insurance in Daly City

Since each homeowner is an individual, not every person will want the same coverage. However, there are certain aspects to homeowners insurance that are necessary. Most policies generally cover
the following:

  • cheap homeowners insurance daly city 3Damage to your home, such as permanent structures being destroyed by fire.
  • Damage to personal property, including items in your home being damaged that are not permanent structures.
  • Liability Coverage, which can be useful in legal matters or if there is an accident at your residents.
  • Limited Coverage for theft, which covers things such as stolen jewelry or other expensive property.

California has many cheap homeowners insurance carriers to choose from and premium rates are largely based on who is providing the coverage. This means it pays to take the time to shop around for the best coverage on cheap homeowners insurance Daly City has to offer.