Home Insurance in Los Banos, California
Homes in Los Banos carry a median value of $440,900 - 13% higher than the Merced County median.
Older homes can cost more to insure or rebuild because of aging wiring, roofing and plumbing. The typical home in Los Banos was built around 1997. About 10% of homes were built before 1960, about 7 points below Merced County's 17%.
Housing in Los Banos breaks down to 85% single-family homes, 8% apartments in buildings with 5+ units and 2% mobile or manufactured homes.
In Los Banos, about 69% of owner-occupied homes have a mortgage - lenders require hazard insurance on every mortgaged home.
Los Banos has an owner-occupancy rate of 60% and a vacancy rate of 4%; unoccupied homes typically need a different coverage form.
Most homes in Los Banos - 64% - are primarily heated with natural gas.
What's the biggest home insurance risk near Los Banos? FEMA's National Risk Index points to earthquake (Relatively High) in Merced County and Merced County had 4,410 active NFIP flood policies as of September 2026. See the full Merced County home insurance overview for all FEMA hazard ratings and flood coverage details. Earthquake 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 | $440,900 |
|---|---|
| Median year built | 1997 |
| Owner-occupied share | 60% |
| Share of owner-occupied homes with a mortgage | 69% |
| Top county hazard | Earthquake (Relatively High) |
| Active NFIP policies in Merced County | 4,410 |
| 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)