Home Insurance in Rancho Palos Verdes, California
Homes in Rancho Palos Verdes carry a median value of $1,609,400 - 93% higher than the Los Angeles County median.
Aging wiring, roofing and plumbing in older homes can push up the cost to insure or rebuild them. The typical home in Rancho Palos Verdes was built around 1967. About 22% of homes were built before 1960, about 20 points below Los Angeles County's 43%.
Housing in Rancho Palos Verdes breaks down to 83% single-family homes and 15% apartments in buildings with 5+ units.
In Rancho Palos Verdes, about 66% of owner-occupied homes have a mortgage - lenders require hazard insurance on every mortgaged home.
Rancho Palos Verdes has an owner-occupancy rate of 80% and a vacancy rate of 9%; unoccupied homes typically need a different coverage form.
Most homes in Rancho Palos Verdes - 74% - are primarily heated with natural gas.
What's the biggest home insurance risk near Rancho Palos Verdes? 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.
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 | $1,609,400 |
|---|---|
| Median year built | 1967 |
| Owner-occupied share | 80% |
| Share of owner-occupied homes with a mortgage | 66% |
| 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
- Rolling Hills
- Rolling Hills Estates
- Palos Verdes Estates
- Torrance
- Redondo Beach
- Hermosa Beach
- Lawndale
- Gardena
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)