Home Insurance in Torrance, California
Homes in Torrance carry a median value of $1,074,700 - 29% higher than the Los Angeles County median.
The typical home in Torrance was built around 1964. Because older housing stock often has aging wiring, roofing or plumbing, it can cost more to insure or rebuild. About 41% of homes were built before 1960, about 2 points below Los Angeles County's 43%.
Housing in Torrance breaks down to 60% single-family homes, 32% apartments in buildings with 5+ units and 2% mobile or manufactured homes.
In Torrance, about 64% of owner-occupied homes have a mortgage - lenders require hazard insurance on every mortgaged home.
About 55% of occupied homes in Torrance are owner-occupied. The vacancy rate is 7%; vacant or unoccupied homes typically need a different coverage form than an owner-occupied policy.
Most homes in Torrance - 69% - are primarily heated with natural gas.
Los Angeles County's top FEMA-rated hazard is inland flooding (Very High), per FEMA's National Risk Index. 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.
According to the NAIC homeowners insurance report (2023 data), a standard HO-3 homeowners policy in California carries a statewide average premium of $1,655 per year.
Key figures
| Median home value | $1,074,700 |
|---|---|
| Median year built | 1964 |
| Owner-occupied share | 55% |
| Share of owner-occupied homes with a mortgage | 64% |
| 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
- Redondo Beach
- Hermosa Beach
- Rolling Hills Estates
- Lawndale
- Rolling Hills
- Gardena
- Palos Verdes Estates
- Hawthorne
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)