Home Insurance in Riverside, California
The median home value in Riverside is $584,800, close to the Riverside County median.
Aging wiring, roofing and plumbing in older homes can push up the cost to insure or rebuild them. The typical home in Riverside was built around 1976. About 27% of homes were built before 1960, about 17 points above Riverside County's 9%.
In Riverside, the housing stock is 69% single-family homes, 23% apartments in buildings with 5+ units and 3% mobile or manufactured homes.
73% of owner-occupied homes in Riverside carry a mortgage, and mortgage lenders require hazard insurance for as long as the loan is active.
Riverside has an owner-occupancy rate of 57% and a vacancy rate of 5%; unoccupied homes typically need a different coverage form.
In Riverside, 72% of homes are primarily heated with natural gas.
What's the biggest home insurance risk near Riverside? FEMA's National Risk Index points to wildfire (Very High) in Riverside County and 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.
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 | $584,800 |
|---|---|
| Median year built | 1976 |
| Owner-occupied share | 57% |
| 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)