Home Insurance in Long Beach, California

With a median home value of $806,600, Long Beach is close to the Los Angeles County median.

The typical home in Long Beach was built around 1959. About 52% of homes were built before 1960, about 10 points above Los Angeles County's 43%. Aging wiring, roofing and plumbing in older homes can push up the cost to insure or rebuild them.

The housing stock in Long Beach is 45% single-family homes, 40% apartments in buildings with 5+ units and 1% mobile or manufactured homes. The rest are 2-4 unit or other housing types.

70% of owner-occupied homes in Long Beach carry a mortgage, and mortgage lenders require hazard insurance for as long as the loan is active.

About 41% of occupied homes in Long Beach are owner-occupied. The vacancy rate is 6%; vacant or unoccupied homes typically need a different coverage form than an owner-occupied policy.

61% of homes in Long Beach are primarily heated with natural gas.

What's the biggest home insurance risk near Long Beach? FEMA's National Risk Index points to inland flooding (Very High) in Los Angeles County and Los Angeles County had 12,157 active NFIP flood policies as of September 2026. 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.

The statewide average premium for a standard HO-3 homeowners policy in California is $1,655 per year, according to the NAIC homeowners insurance report (2023 data).

Key figures

Median home value$806,600
Median year built1959
Owner-occupied share41%
Share of owner-occupied homes with a mortgage70%
Top county hazardInland Flooding (Very High)
Active NFIP policies in Los Angeles County12,157
Home insurance premium$1,655 - statewide average (NAIC, 2023 data)
Key home insurance figures for Long Beach, CA

Nearby towns

Sources

Data last updated: 2026-09-29