Home Insurance in Placer County, California
Homes in Placer County carry a median value of $688,100 - 6% lower than the California median.
The typical home in Placer County was built around 1994. About 8% of homes were built before 1960, about 18 points below California's 27%. Aging wiring, roofing and plumbing in older homes can push up the cost to insure or rebuild them.
The housing stock in Placer County is 82% single-family homes, 11% apartments in buildings with 5+ units and 3% mobile or manufactured homes.
In Placer County, about 69% of owner-occupied homes have a mortgage - lenders require hazard insurance on every mortgaged home.
Placer County has an owner-occupancy rate of 75% and a vacancy rate of 12%; unoccupied homes typically need a different coverage form.
Homes heated with propane can carry added fire risk. Fuel-tank leaks and spills are often excluded from standard homeowners policies. In Placer County, 61% of homes are primarily heated with natural gas.
FEMA's National Risk Index lists wildfire (Relatively High), inland flooding (Relatively High) and earthquake (Relatively Moderate) as the leading hazards for Placer County. Standard homeowners policies exclude earthquake, so separate coverage is usually needed.
As of September 2026, Placer County has 1,254 active NFIP flood insurance policies. Standard homeowners insurance does not cover flood damage, so flood coverage needs a separate NFIP or private flood 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 | $688,100 |
|---|---|
| Median year built | 1994 |
| Owner-occupied share | 75% |
| Share of owner-occupied homes with a mortgage | 69% |
| Top hazards (FEMA National Risk Index) | Wildfire (Relatively High), Inland Flooding (Relatively High), Earthquake (Relatively Moderate) |
| Active NFIP flood policies (county) | 1,254 |
| Home insurance premium | $1,655 - statewide average (NAIC, 2023 data) |
Towns and cities
Sources
- 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)