Home Insurance in Corona, California
Homes in Corona carry a median value of $700,700 - 26% higher than the Riverside County median.
The typical home in Corona was built around 1991. Aging wiring, roofing and plumbing in older homes can push up the cost to insure or rebuild them. About 7% of homes were built before 1960, about 3 points below Riverside County's 9%.
In Corona, the housing stock is 72% single-family homes, 21% apartments in buildings with 5+ units and 3% mobile or manufactured homes.
In Corona, about 73% of owner-occupied homes have a mortgage - lenders require hazard insurance on every mortgaged home.
The vacancy rate is 3%; vacant or unoccupied homes typically need a different coverage form than an owner-occupied policy. About 64% of occupied homes in Corona are owner-occupied.
Most homes in Corona - 72% - are primarily heated with natural gas.
FEMA rates Riverside County's overall risk as Very High, led by wildfire (Very High). Riverside County had 3,731 active NFIP flood policies as of September 2026. See the full Riverside County home insurance overview for all FEMA hazard ratings and flood coverage details.
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 | $700,700 |
|---|---|
| Median year built | 1991 |
| Owner-occupied share | 64% |
| Share of owner-occupied homes with a mortgage | 73% |
| Top county hazard | Wildfire (Very High) |
| Active NFIP policies in Riverside County | 3,731 |
| 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)