Form N-Q

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549

FORM N-Q


QUARTERLY SCHEDULE OF PORTFOLIO HOLDINGS OF REGISTERED MANAGEMENT INVESTMENT COMPANY

Investment Company Act file number         811-09449         

        Nuveen Insured California Dividend Advantage Municipal Fund         
(Exact name of registrant as specified in charter)

Nuveen Investments
        333 West Wacker Drive, Chicago, Illinois 60606         
(Address of principal executive offices) (Zip code)


Kevin J. McCarthy Vice President and Secretary
        333 West Wacker Drive, Chicago, Illinois 60606         
(Name and address of agent for service)

Registrant's telephone number, including area code:         312-917-7700        

Date of fiscal year end:            02/28          

Date of reporting period:         11/30/08         

Form N-Q is to be used by management investment companies, other than small business investment companies registered on Form N-5 (§§ 239.24 and 274.5 of this chapter), to file reports with the Commission, not later than 60 days after the close of the first and third fiscal quarters, pursuant to rule 30b1-5 under the Investment Company Act of 1940 (17 CFR 270.30b1-5). The Commission may use the information provided on Form N-Q in its regulatory, disclosure review, inspection, and policymaking roles.

A registrant is required to disclose the information specified by Form N-Q, and the Commission will make this information public. A registrant is not required to respond to the collection of information contained in Form N-Q unless the Form displays a currently valid Office of Management and Budget ("OMB") control number. Please direct comments concerning the accuracy of the information collection burden estimate and any suggestions for reducing the burden to the Secretary, Securities and Exchange Commission, 450 Fifth Street, NW, Washington, DC 20549-0609. The OMB has reviewed this collection of information under the clearance requirements of 44 U.S.C. § 3507.

Item 1. Schedule of Investments

    Portfolio of Investments (Unaudited)             
    Nuveen Insured California Dividend Advantage Municipal Fund (NKL)             
    November 30, 2008             
Principal        Optional Call         
Amount (000)    Description (1)    Provisions (2)    Ratings (3)    Value 
    Consumer Staples – 2.9% (1.8% of Total Investments)             
$        14,155    Golden State Tobacco Securitization Corporation, California, Enhanced Tobacco Settlement    6/22 at 100.00    BBB   $   5,616,421 
     Asset-Backed Bonds, Series 2007A-2, 0.000%, 6/01/37             
    Education and Civic Organizations – 5.3% (3.3% of Total Investments)             
1,675    California Educational Facilities Authority, Revenue Bonds, University of San Diego, Series    10/12 at 100.00    A2    1,571,435 
     2002A, 5.250%, 10/01/30             
9,000    California State University, Systemwide Revenue Bonds, Series 2002A, 5.125%, 11/01/26 –    11/12 at 100.00    Aa3    8,598,240 
     AMBAC Insured             
10,675    Total Education and Civic Organizations            10,169,675 
    Health Care – 6.4% (4.0% of Total Investments)             
5,000    ABAG Finance Authority for Non-Profit Corporations, California, Cal-Mortgage Insured Revenue    4/12 at 100.00    A+    4,607,700 
     Bonds, Sansum-Santa Barbara Medical Foundation Clinic, Series 2002A, 5.600%, 4/01/26             
5,000    California Health Facilities Financing Authority, Revenue Bonds, Kaiser Permanante System,    3/16 at 100.00    A+    3,941,350 
     Series 2006, 5.250%, 3/01/45             
2,815    California Health Facilities Financing Authority, Revenue Bonds, Lucile Salter Packard    8/13 at 100.00    AA    2,841,714 
     Children’s Hospital, Series 2003C, 5.000%, 8/15/20 – AMBAC Insured             
1,748    California Statewide Communities Development Authority, Revenue Bonds, Saint Joseph Health    7/18 at 100.00    AAA    1,009,671 
     System, Trust 2554, 14.196%, 7/01/47 – FSA Insured (IF)             
14,563    Total Health Care            12,400,435 
    Housing/Multifamily – 1.4% (0.8% of Total Investments)             
1,000    California Statewide Community Development Authority, Student Housing Revenue Bonds, EAH –    8/12 at 100.00    Baa1    852,360 
     Irvine East Campus Apartments, LLC Project, Series 2002A, 5.500%, 8/01/22 – ACA Insured             
1,905    Los Angeles, California, GNMA Mortgage-Backed Securities Program Multifamily Housing Revenue    7/11 at 102.00    AAA    1,752,410 
     Bonds, Park Plaza West Senior Apartments, Series 2001B, 5.300%, 1/20/21 (Alternative             
     Minimum Tax)             
2,905    Total Housing/Multifamily            2,604,770 
    Housing/Single Family – 0.2% (0.1% of Total Investments)             
505    California Housing Finance Agency, Home Mortgage Revenue Bonds, Series 2006H, 5.750%,    2/16 at 100.00    Aa2    472,978 
     8/01/30 – FGIC Insured (Alternative Minimum Tax)             
    Industrials – 1.2% (0.7% of Total Investments)             
3,000    California Pollution Control Financing Authority, Solid Waste Disposal Revenue Bonds, Republic    No Opt. Call    BBB    2,300,880 
     Services Inc., Series 2002C, 5.250%, 6/01/23 (Mandatory put 12/01/17) (Alternative Minimum Tax)             
    Long-Term Care – 1.4% (0.8% of Total Investments)             
3,000    ABAG Finance Authority for Non-Profit Corporations, California, Insured Senior Living Revenue    11/12 at 100.00    A+    2,744,610 
     Bonds, Odd Fellows Home of California, Series 2003A, 5.200%, 11/15/22             
    Tax Obligation/General – 28.5% (17.7% of Total Investments)             
5,920    Cajon Valley Union School District, San Diego County, California, General Obligation Bonds,    8/10 at 102.00    AA    5,516,493 
     Series 2002B, 5.125%, 8/01/32 – MBIA Insured             
900    California, General Obligation Bonds, Series 2003, 5.000%, 2/01/21    8/13 at 100.00    A+    869,436 
8,250    California, General Obligation Refunding Bonds, Series 2002, 5.000%, 2/01/22 – MBIA Insured    2/12 at 100.00    AA    7,879,740 
3,375    Coast Community College District, Orange County, California, General Obligation Bonds, Series    8/18 at 100.00    AAA    2,357,741 
     2006C, 0.000%, 8/01/31 – FSA Insured             
230    El Monte Union High School District, Los Angeles County, California, General Obligation Bonds,    6/13 at 100.00    AAA    218,454 
     Series 2003A, 5.000%, 6/01/28 – FSA Insured             
1,365    Fontana Unified School District, San Bernardino County, California, General Obligation Bonds,    8/18 at 100.00    AAA    1,253,207 
     Trust 2668, 12.170%, 8/01/28 – FSA Insured (IF)             
10,000    Fremont Unified School District, Alameda County, California, General Obligation Bonds, Series    8/12 at 101.00    AA    9,691,300 
     2002A, 5.000%, 8/01/25 – FGIC Insured             
1,000    Los Rios Community College District, Sacramento, El Dorado and Yolo Counties, California,    8/14 at 102.00    AAA    997,450 
     General Obligation Bonds, Series 2002C, 5.000%, 8/01/25 – FSA Insured (UB)             
1,500    Madera Unified School District, Madera County, California, General Obligation Bonds, Series    8/12 at 100.00    AAA    1,406,985 
     2002, 5.000%, 8/01/28 – FSA Insured             
2,000    Murrieta Valley Unified School District, Riverside County, California, General Obligation    9/17 at 100.00    AAA    1,665,620 
     Bonds, Series 2007, 4.500%, 9/01/30 – FSA Insured             
2,500    Oakland Unified School District, Alameda County, California, General Obligation Bonds, Series    8/12 at 100.00    AA    2,427,525 
     2002, 5.250%, 8/01/21 – FGIC Insured             
375    Roseville Joint Union High School District, Placer County, California, General Obligation    8/15 at 100.00    AA    355,774 
     Bonds, Series 2006B, 5.000%, 8/01/27 – FGIC Insured             
3,250    San Diego Unified School District, San Diego County, California, General Obligation Bonds,    7/11 at 102.00    AAA    3,492,190 
     Election of 1998, Series 2001C, 5.000%, 7/01/22 – FSA Insured             
3,500    San Mateo County Community College District, California, General Obligation Bonds, Series    9/12 at 100.00    Aa1    3,344,950 
     2002A, 5.000%, 9/01/26 – FGIC Insured             
10,000    Vista Unified School District, San Diego County, California, General Obligation Bonds, Series    8/12 at 100.00    AAA    9,815,797 
     2002A, 5.000%, 8/01/23 – FSA Insured             
3,905    West Kern Community College District, California, General Obligation Bonds, Election 2004,    11/17 at 100.00    A+    3,467,054 
     Series 2007C, 5.000%, 10/01/32 – SYNCORA GTY Insured             
58,070    Total Tax Obligation/General            54,759,716 
    Tax Obligation/Limited – 49.9% (31.0% of Total Investments)             
1,450    Baldwin Park Public Financing Authority, California, Sales Tax and Tax Allocation Bonds,    8/13 at 102.00    BBB    1,353,561 
     Puente Merced Redevelopment Project, Series 2003, 5.250%, 8/01/21             
6,895    Brea and Olinda Unified School District, Orange County, California, Certificates of    8/11 at 101.00    AAA    6,515,154 
     Participation Refunding, Series 2002A, 5.125%, 8/01/26 – FSA Insured             
2,200    California Infrastructure Economic Development Bank, Los Angeles County, Revenue Bonds,    9/13 at 101.00    A    2,048,222 
     Department of Public Social Services, Series 2003, 5.000%, 9/01/28 – AMBAC Insured             
3,100    California State Public Works Board, Lease Revenue Bonds, Department of Health Services,    11/15 at 100.00    A    2,555,733 
     Richmond Lab, Series 2005B, 5.000%, 11/01/30 – SYNCORA GTY Insured             
465    Capistrano Unified School District, Orange County, California, Special Tax Bonds, Community    9/15 at 100.00    AA    373,409 
     Facilities District, Series 2005, 5.000%, 9/01/24 – FGIC Insured             
1,400    Chino Redevelopment Agency, California, Merged Chino Redevelopment Project Area Tax Allocation    9/16 at 101.00    AA    1,009,022 
     Bonds, Series 2006, 5.000%, 9/01/38 – AMBAC Insured             
7,035    Corona-Norco Unified School District, Riverside County, California, Special Tax Bonds,    9/13 at 100.00    AA    6,621,834 
     Community Facilities District 98-1, Series 2003, 5.000%, 9/01/28 – MBIA Insured             
3,145    Culver City Redevelopment Agency, California, Tax Allocation Revenue Bonds, Redevelopment    5/11 at 101.00    AA    2,750,208 
     Project, Series 2002A, 5.125%, 11/01/25 – MBIA Insured             
8,720    El Monte, California, Senior Lien Certificates of Participation, Department of Public Services    1/11 at 100.00    A    7,910,871 
     Facility Phase II, Series 2001, 5.000%, 1/01/21 – AMBAC Insured             
4,000    Folsom Public Financing Authority, California, Special Tax Revenue Bonds, Series 2004A,    9/12 at 102.00    A    3,531,600 
     5.000%, 9/01/21 – AMBAC Insured             
5,815    Golden State Tobacco Securitization Corporation, California, Enhanced Tobacco Settlement    6/15 at 100.00    AAA    3,710,975 
     Revenue Bonds, Drivers Trust 2091, 11.071%, 6/01/45 – AGC Insured (IF)             
8,780    Golden State Tobacco Securitization Corporation, California, Tobacco Settlement Asset-Backed    6/15 at 100.00    A    6,456,988 
     Revenue Bonds, Series 2005A, 5.000%, 6/01/45 – AMBAC Insured             
1,300    Hesperia Public Financing Authority, California, Redevelopment and Housing Projects Tax    9/17 at 100.00    Baa1    1,010,750 
     Allocation Bonds, Series 2007A, 5.000%, 9/01/37 – SYNCORA GTY Insured             
2,115    Inglewood Redevelopment Agency, California, Tax Allocation Refunding Bonds, Merged Area    No Opt. Call    A    2,112,356 
     Redevelopment Project, Series 1998A, 5.250%, 5/01/23 – AMBAC Insured             
3,500    La Quinta Redevelopment Agency, California, Tax Allocation Bonds, Redevelopment Project    9/11 at 102.00    A    2,915,465 
     Area 1, Series 2001, 5.100%, 9/01/31 – AMBAC Insured             
3,400    La Quinta Redevelopment Agency, California, Tax Allocation Bonds, Redevelopment Project    9/12 at 102.00    A    3,041,640 
     Area 1, Series 2002, 5.000%, 9/01/22 – AMBAC Insured             
845    Los Angeles Community Redevelopment Agency, California, Lease Revenue Bonds, Manchester Social    9/15 at 100.00    A2    665,860 
     Services Project, Series 2005, 5.000%, 9/01/37 – AMBAC Insured             
1,640    Los Angeles County Metropolitan Transportation Authority, California, Proposition C Second    1/09 at 101.00    AA    1,559,952 
     Senior Lien Sales Tax Revenue Refunding Bonds, Series 1998A, 5.000%, 7/01/23 – AMBAC Insured             
1,460    Los Angeles, California, Certificates of Participation, Municipal Improvement Corporation,    6/13 at 100.00    AA–    1,327,709 
     Series 2003AW, 5.000%, 6/01/33 – AMBAC Insured             
7,000    Los Angeles, California, Certificates of Participation, Series 2002, 5.200%, 4/01/27 –    4/12 at 100.00    AA–    6,673,310 
     AMBAC Insured             
8,470    Ontario Redevelopment Financing Authority, California, Lease Revenue Bonds, Capital Projects,    8/11 at 101.00    A    7,968,576 
     Series 2001, 5.200%, 8/01/29 – AMBAC Insured             
5,000    Palm Desert Financing Authority, California, Tax Allocation Revenue Refunding Bonds, Project    4/12 at 102.00    AA    4,312,450 
     Area 1, Series 2002, 5.000%, 4/01/25 – MBIA Insured             
3,000    Puerto Rico Highway and Transportation Authority, Highway Revenue Bonds, Series 2007N, 5.250%,    No Opt. Call    BBB+    2,297,040 
     7/01/39 – FGIC Insured             
405    Rialto Redevelopment Agency, California, Tax Allocation Bonds, Merged Project Area, Series    9/15 at 100.00    A–    312,198 
     2005A, 5.000%, 9/01/35 – SYNCORA GTY Insured             
4,475    Riverside County, California, Asset Leasing Corporate Leasehold Revenue Bonds, Riverside    6/12 at 101.00    AA    3,993,132 
     County Hospital Project, Series 1997B, 5.000%, 6/01/19 – MBIA Insured             
505    Roseville, California, Certificates of Participation, Public Facilities, Series 2003A, 5.000%,    8/13 at 100.00    A    438,497 
     8/01/25 – AMBAC Insured             
3,175    San Buenaventura, California, Certificates of Participation, Series 2001C, 5.250%, 2/01/31 –    2/11 at 101.00    A    2,585,657 
     AMBAC Insured             
3,730    San Diego Redevelopment Agency, California, Subordinate Lien Tax Increment and Parking Revenue    9/09 at 101.00    Baa2    3,233,798 
     Bonds, Centre City Project, Series 2003B, 5.250%, 9/01/26             
4,000    San Jose Financing Authority, California, Lease Revenue Refunding Bonds, Convention Center    9/11 at 100.00    AA+    4,031,440 
     Project, Series 2001F, 5.000%, 9/01/19 – MBIA Insured             
1,000    San Jose Redevelopment Agency, California, Tax Allocation Bonds, Merged Project Area, Series    8/15 at 100.00    AA    841,050 
     2005A, 5.000%, 8/01/28 – MBIA Insured             
2,160    Temecula Redevelopment Agency, California, Tax Allocation Revenue Bonds, Redevelopment Project    8/09 at 101.00    AA    1,865,354 
     1, Series 2002, 5.125%, 8/01/27 – MBIA Insured             
110,185    Total Tax Obligation/Limited            96,023,811 
    Transportation – 5.4% (3.4% of Total Investments)             
7,500    Foothill/Eastern Transportation Corridor Agency, California, Toll Road Revenue Refunding    1/14 at 101.00    BBB–    6,192,675 
     Bonds, Series 1999, 0.000%, 1/15/29             
    San Francisco Airports Commission, California, Revenue Bonds, San Francisco International             
    Airport, Second Series 2003, Issue 29A:             
2,185     5.250%, 5/01/16 – FGIC Insured (Alternative Minimum Tax)    5/13 at 100.00    AA    2,058,882 
2,300     5.250%, 5/01/17 – FGIC Insured (Alternative Minimum Tax)    5/13 at 100.00    AA    2,142,289 
11,985    Total Transportation            10,393,846 
    U.S. Guaranteed – 24.1% (15.0% of Total Investments) (4)             
6,000    California Department of Water Resources, Power Supply Revenue Bonds, Series 2002A, 5.125%,    5/12 at 101.00    Aaa    6,658,680 
     5/01/18 (Pre-refunded 5/01/12)             
35    California Department of Water Resources, Water System Revenue Bonds, Central Valley Project,    12/12 at 100.00    Aa2 (4)    38,970 
     Series 2002X, 5.150%, 12/01/23 (Pre-refunded 12/01/12) – FGIC Insured             
2,250    California Infrastructure Economic Development Bank, First Lien Revenue Bonds, San Francisco    1/28 at 100.00    AAA    2,287,395 
     Bay Area Toll Bridge, Series 2003A, 5.000%, 7/01/36 (Pre-refunded 1/01/28) – AMBAC Insured             
9,000    Eastern Municipal Water District, California, Water and Sewerage System Revenue Certificates    7/11 at 100.00    AA (4)    9,727,110 
     of Participation, Series 2001B, 5.000%, 7/01/30 (Pre-refunded 7/01/11) – FGIC Insured             
    Fresno Unified School District, Fresno County, California, General Obligation Bonds,             
    Series 2002B:             
1,135     5.125%, 8/01/23 – FGIC Insured (ETM)    8/10 at 102.00    A+ (4)    1,143,410 
1,190     5.125%, 8/01/24 – FGIC Insured (ETM)    8/10 at 102.00    A+ (4)    1,196,831 
1,245     5.125%, 8/01/25 – FGIC Insured (ETM)    8/10 at 102.00    A+ (4)    1,250,080 
1,255     5.125%, 8/01/26 – FGIC Insured (ETM)    8/10 at 102.00    A+ (4)    1,245,537 
2,070    Fresno Unified School District, Fresno County, California, General Obligation Bonds, Series    8/10 at 102.00    AAA    2,054,392 
     2002G, 5.125%, 8/01/26 – FSA Insured (ETM)             
4,500    Golden State Tobacco Securitization Corporation, California, Tobacco Settlement Asset-Backed    6/13 at 100.00    AAA    5,383,260 
     Revenue Bonds, Series 2003A-2, 7.900%, 6/01/42 (Pre-refunded 6/01/13)             
5,000    Los Angeles Unified School District, California, General Obligation Bonds, Series 2002E,    7/12 at 100.00    AA (4)    5,519,600 
     5.125%, 1/01/27 (Pre-refunded 7/01/12) – MBIA Insured             
3,380    Rancho Mirage Joint Powers Financing Authority, California, Revenue Bonds, Eisenhower Medical    7/14 at 100.00    A3 (4)    3,888,927 
     Center, Series 2004, 5.875%, 7/01/26 (Pre-refunded 7/01/14)             
2,980    Santa Clarita Community College District, Los Angeles County, California, General Obligation    8/11 at 101.00    AA– (4)    3,268,017 
     Bonds, Series 2002, 5.125%, 8/01/26 (Pre-refunded 8/01/11) – FGIC Insured             
2,460    Vacaville Unified School District, Solano County, California, General Obligation Bonds, Series    8/11 at 101.00    AAA    2,689,764 
     2002, 5.000%, 8/01/26 (Pre-refunded 8/01/11) – FSA Insured             
42,500    Total U.S. Guaranteed            46,351,973 
    Utilities – 15.6% (9.7% of Total Investments)             
9,000    Anaheim Public Finance Authority, California, Revenue Bonds, Electric System Distribution    10/12 at 100.00    AAA    8,365,770 
     Facilities, Series 2002A, 5.000%, 10/01/27 – FSA Insured             
10,000    California Pollution Control Financing Authority, Remarketed Revenue Bonds, Pacific Gas and    4/11 at 102.00    AA    9,492,100 
     Electric Company, Series 1996A, 5.350%, 12/01/16 – MBIA Insured (Alternative Minimum Tax)             
2,490    Long Beach Bond Finance Authority, California, Natural Gas Purchase Revenue Bonds, Series    No Opt. Call    A    1,567,829 
     2007A, 5.000%, 11/15/35             
830    Merced Irrigation District, California, Electric System Revenue Bonds, Series 2005, 5.125%,    9/15 at 100.00    BBB–    673,786 
     9/01/31 – SYNCORA GTY Insured             
1,775    Northern California Power Agency, Revenue Refunding Bonds, Hydroelectric Project 1, Series    7/10 at 100.00    AAA    1,494,816 
     1998A, 5.200%, 7/01/32 – MBIA Insured             
3,000    Sacramento Municipal Utility District, California, Electric Revenue Bonds, Series 2001N,    8/11 at 100.00    AA    2,713,470 
     5.000%, 8/15/28 – MBIA Insured             
5,630    Southern California Public Power Authority, Subordinate Revenue Refunding Bonds, Transmission    7/12 at 100.00    AAA    5,658,375 
     Project, Series 2002A, 4.750%, 7/01/19 – FSA Insured             
32,725    Total Utilities            29,966,146 
    Water and Sewer – 15.1% (9.4% of Total Investments)             
2,965    California Department of Water Resources, Water System Revenue Bonds, Central Valley Project,    12/12 at 100.00    AAA    2,972,413 
     Series 2002X, 5.150%, 12/01/23 – FGIC Insured             
750    Fortuna Public Finance Authority, California, Water Revenue Bonds, Series 2006, 5.000%,    10/16 at 100.00    AAA    662,100 
     10/01/36 – FSA Insured             
570    Healdsburg Public Financing Authority, California, Wastewater Revenue Bonds, Series 2006,    4/16 at 100.00    AA    481,724 
     5.000%, 4/01/36 – MBIA Insured             
4,500    Los Angeles County Sanitation Districts Financing Authority, California, Senior Revenue Bonds,    10/13 at 100.00    AAA    4,462,470 
     Capital Projects, Series 2003A, 5.000%, 10/01/23 – FSA Insured             
2,085    Manteca Financing Authority, California, Sewerage Revenue Bonds, Series 2003B, 5.000%,    12/13 at 100.00    A3    2,113,085 
     12/01/33 – MBIA Insured             
500    Marina Coast Water District, California, Enterprise Certificate of Participation, Series 2006,    6/16 at 100.00    AA    405,140 
     5.000%, 6/01/31 – MBIA Insured             
9,185    Orange County Sanitation District, California, Certificates of Participation, Series 2008,    8/13 at 100.00    AAA    8,279,451 
     5.000%, 2/01/33 – FGIC Insured (UB)             
8,000    San Diego County Water Authority, California, Water Revenue Certificates of Participation,    5/18 at 100.00    AAA    6,959,760 
     Series 2008A, 5.000%, 5/01/38 – FSA Insured             
    Semitropic Water Storage District, Kern County, California, Water Banking Revenue Bonds,             
    Series 2004A:             
1,315     5.500%, 12/01/20 – SYNCORA GTY Insured    12/14 at 100.00    A    1,318,261 
1,415     5.500%, 12/01/21 – SYNCORA GTY Insured    12/14 at 100.00    A    1,402,817 
31,285    Total Water and Sewer            29,057,221 
$ 335,553    Total Long-Term Investments (cost $328,059,580) – 157.4%            302,862,482 
    Short-Term Investments – 3.7% (2.3% of Total Investments)             
5,500    Alameda County Joint Powers Authority, California, Lease Revenue Bonds, Juvenile Justice        A-1+    5,500,000 
     Facility, Variable Rate Demand Obligations, Series 2008, Trust 2927-Z, 1.100%, 12/01/15 –             
     FSA Insured (5)             
1,560    California State Economic Recovery, Variable Rate Demand Obligations, Series 2004C-16,             
     3.000%, 7/01/23 – FSA Insured (5)        A-1    1,560,000 
$    7,060    Total Short-Term Investments (cost $7,060,000)            7,060,000 
    Total Investments (cost $335,119,580) – 161.1%            309,922,482 
    Floating Rate Obligations – (4.0)%            (7,635,000)
    Other Assets Less Liabilities – (0.8)%            (1,636,120)
    Auction Rate Preferred Shares, at Liquidation Value – (56.3)% (6)            (108,250,000)
    Net Assets Applicable to Common Shares – 100%           $  192,401,362 

    At least 80% of the Fund’s net assets (including net assets attributable to Auction Rate Preferred shares) 
    are invested in municipal securities that are covered by insurance or backed by an escrow or trust account 
    containing sufficient U.S. Government or U.S. Government agency securities or U.S. Treasury-issued State 
    and Local Government Series securities to ensure the timely payment of principal and interest. 
(1)    All percentages shown in the Portfolio of Investments are based on net assets applicable to Common shares 
    unless otherwise noted. 
(2)    Optional Call Provisions: Dates (month and year) and prices of the earliest optional call or redemption. There 
    may be other call provisions at varying prices at later dates. Certain mortgage-backed securities may be 
    subject to periodic principal paydowns. 
(3)    Ratings: Using the higher of Standard & Poor’s Group (“Standard & Poor’s”) or Moody’s Investor Service, Inc. 
    (“Moody’s”) rating. Ratings below BBB by Standard & Poor’s or Baa by Moody’s are considered to be below 
    investment grade. 
    The Portfolio of Investments may reflect the ratings on certain bonds insured by ACA, AGC, AMBAC, CIFG, 
    FGIC, FSA, MBIA, RAAI and SYNCORA as of November 30, 2008. Subsequent to November 30, 2008, and 
    during the period this Portfolio of Investments was prepared, there may have been reductions to the ratings 
    of certain bonds resulting from changes to the ratings of the underlying insurers both during the period 
    and after period end. Such reductions would likely reduce the effective rating of many of the bonds 
    insured by that insurer or insurers presented at period end. 
(4)    Backed by an escrow or trust containing sufficient U.S. Government or U.S. Government agency securities 
    which ensure the timely payment of principal and interest. Such investments are normally considered to be 
    equivalent to AAA rated securities. 
(5)    Investment has a maturity of more than one year, but has variable rate and demand features which qualify 
    it as a short-term investment. The rate disclosed is that in effect at the end of the reporting period. This rate 
    changes periodically based on market conditions or a specified market index. 
(6)    Auction Rate Preferred Shares, at Liquidation Value as a percentage of Total Investments is 34.9%. 
(ETM)    Escrowed to maturity. 
(IF)    Inverse floating rate investment. 
(UB)    Underlying bond of an inverse floating rate trust reflected as a financing transaction pursuant to the 
    provisions of SFAS No. 140. 

Fair Value Measurements

During the current fiscal period, the Fund adopted the provisions of Statement of Financial Accounting Standards No. 157 (SFAS No.157) “Fair Value Measurements.” SFAS No. 157 defines fair value, establishes a framework for measuring fair value in generally accepted accounting principles, and expands disclosure about fair value measurements. In determining the value of the Fund’s investments various inputs are used. These inputs are summarized in the three broad levels listed below:

Level 1 – Quoted prices in active markets for identical securities. 
Level 2 – Other significant observable inputs (including quoted prices for similar securities, interest rates, 
              prepayment speeds, credit risk, etc.). 
Level 3 – Significant unobservable inputs (including management’s assumptions in determining the fair 
              value of investments). 

The inputs or methodology used for valuing securities are not an indication of the risk associated with investing in those securities.

The following is a summary of the Fund’s fair value measurements as of November 30, 2008:

    Level 1    Level 2    Level 3    Total 
Investments    $ —    $309,922,482    $ —    $309,922,482 

Income Tax Information

The following information is presented on an income tax basis. Differences between amounts for financial statement and federal income tax purposes are primarily due to timing differences in recognizing taxable market discount, timing differences in recognizing certain gains and losses on investment transactions and the treatment of investments in inverse floating rate transactions subject to SFAS No. 140. To the extent that differences arise that are permanent in nature, such amounts are reclassified within the capital accounts on the Statement of Assets and Liabilities presented in the annual report, based on their federal tax basis treatment; temporary differences do not require reclassification. Temporary and permanent differences do not impact the net asset value of the Fund.

At November 30, 2008, the cost of investments was $327,341,705.

Gross unrealized appreciation and gross unrealized depreciation of investments at November 30, 2008, were as follows:
Gross unrealized:     
  Appreciation    $   5,336,850 
  Depreciation    (30,392,271)
Net unrealized appreciation (depreciation) of investments    $(25,055,421)

Item 2. Controls and Procedures.

  1. The registrant's principal executive and principal financial officers, or persons performing similar functions, have concluded that the registrant's disclosure controls and procedures (as defined in Rule 30a-3(c) under the Investment Company Act of 1940, as amended (the "1940 Act") (17 CFR 270.30a-3(c))) are effective, as of a date within 90 days of the filing date of this report that includes the disclosure required by this paragraph, based on their evaluation of the controls and procedures required by Rule 30a-3(b) under the 1940 Act (17 CFR 270.30a-3(b)) and Rule 13a-15(b) or 15d-15(b) under the Securities Exchange Act of 1934 (17 CFR 240.13a-15(b) or 240.15d-15(b)).
  2. There were no changes in the registrant's internal control over financial reporting (as defined in Rule 30a-3(d) under the 1940 Act (17 CFR 270.30a-3(d)) that occurred during the registrant's last fiscal quarter that have materially affected, or are reasonably likely to materially affect, the registrant's internal control over financial reporting.

Item 3. Exhibits.

File as exhibits as part of this Form a separate certification for each principal executive officer and principal financial officer of the registrant as required by Rule 30a-2(a) under the 1940 Act (17 CFR 270.30a-2(a)), exactly as set forth below: See EX-99 CERT attached hereto.


SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

(Registrant)         Nuveen Insured California Dividend Advantage Municipal Fund         

By (Signature and Title)          /s/ Kevin J. McCarthy                    
                                                   Kevin J. McCarthy
                                                  Vice President and Secretary

Date         January 29, 2009        

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, this report has been signed below by the following persons on behalf of the registrant and in the capacities and on the dates indicated.

By (Signature and Title)         /s/ Gifford R. Zimmerman                    
                                                  Gifford R. Zimmerman
                                                 Chief Administrative Officer (principal executive officer) 

Date         January 29, 2009        

By (Signature and Title)         /s/ Stephen D. Foy                              
                                                  Stephen D. Foy
                                                 Vice President and Controller (principal financial officer) 

Date        January 29, 2009