Home Insurance in Commerce, California
With a median home value of $598,700, Commerce is 28% lower than the Los Angeles County median.
Older homes can cost more to insure or rebuild because of aging wiring, roofing and plumbing. The typical home in Commerce was built around 1957. About 57% of homes were built before 1960, about 15 points above Los Angeles County's 43%.
The housing stock in Commerce is 77% single-family homes and 16% apartments in buildings with 5+ units.
About 58% of owner-occupied homes in Commerce have a mortgage. Lenders require hazard (homeowners) insurance on any home carrying a mortgage.
Commerce has an owner-occupancy rate of 55% and a vacancy rate of 2%; unoccupied homes typically need a different coverage form.
In Commerce, 61% of homes are primarily heated with natural gas.
Los Angeles County had 12,157 active NFIP flood policies as of September 2026. Its top FEMA-rated hazard is inland flooding (Very High). See the full Los Angeles County home insurance overview for all FEMA hazard ratings and flood coverage details. Flood damage is excluded from a standard homeowners policy.
In California, the statewide average premium for a standard HO-3 homeowners policy is $1,655 per year (NAIC, 2023 data).
Key figures
| Median home value | $598,700 |
|---|---|
| Median year built | 1957 |
| Owner-occupied share | 55% |
| Share of owner-occupied homes with a mortgage | 58% |
| Top county hazard | Inland Flooding (Very High) |
| Active NFIP policies in Los Angeles County | 12,157 |
| Home insurance premium | $1,655 - statewide average (NAIC, 2023 data) |
Nearby towns
Sources
Data last updated: 2026-09-29
- U.S. Census Bureau Gazetteer Files (2024)
- U.S. Census Bureau, American Community Survey 2020-2024 5-Year Estimates (2024)
- FEMA National Risk Index (December 2025)
- FEMA OpenFEMA NFIP Redacted Policies v3 (2026)
- NAIC Dwelling Fire, Homeowners Owner-Occupied, and Homeowners Tenant and Condominium/Cooperative Unit Owners Insurance: Data for 2023 (published 2026) (2023)