Oakland Homeowners Insurance

The Zebra
Aug. 26, 2019

Find cheap homeowners insurance in Oakland


A critical consideration for every homeowner should be their home insurance coverage. Home insurance policies provide coverage against fire, wind damage, and theft for your home and the contents inside it. With the relative frequency of such perils -- and the high cost of rebuilding or repairing damages to a home -- purchasing home insurance is a wise investment.

What you pay for homeowners insurance depends on myriad factors, including the value of the dwelling, the value of your personal items, and the materials used to construct the home. Your home's location can also impact how much you pay, as some locations are more prone to destructive hazards. If your area is at risk of being affected by hail, strong winds, fire, frozen pipes, or volcanic activity, then your premiums could be substantially higher than average. Learn more info about the specifics of home insurance coverage.

Finding the cheapest home insurance in Oakland starts with shopping around and comparing policies. Have a look at the summary below comparing average homeowners insurance premiums in Oakland to begin your homeowners insurance search with as much info as possible. One thing to note is that the yearly cost of home coverage is determined based on your chosen coverage limits as well as a number of other rating factors.


Oakland, California, homeowners insurance:
  1. Rates by company
  2. Rates by coverage level
  3. Rates by ZIP code
  4. Insurance bundle discounts

Home insurance in Oakland by insurance company

What you pay for homeowners insurance in Oakland will depend on the insurance company you get your policy through. Mercury offers the most affordable home insurance in Oakland, at just $598 per year. This compares favorably to the city’s average homeowners premium of $1,014.

To get started with your homeowners insurance policy search, take a look at this list of the cheapest companies in Oakland, California.


AFFORDABLE HOME INSURANCE COMPANIES IN OAKLAND
CompanyAverage Annual Rate
Mercury$598
Allstate$735
Nationwide$797
State Farm$844
USAA$855

Average homeowners insurance costs in Oakland by coverage level

The amount of homeowners coverage you select has an impact on your insurance premiums. In Oakland, carrying $200K dwelling coverage costs an average of $763, while carrying additional coverage up to $400K costs $1,378 per year.


HOMEOWNERS INSURANCE RATES IN OAKLAND — POPULAR COVERAGE LIMITS
Coverage LevelAverage Annual Rate
$200K Dwelling$763
$400K Dwelling$1,378

Speak with a homeowners insurance expert

Oakland home insurance rates by ZIP code

Depending on which part of Oakland you live in, you might see a dramatic difference in your home insurance costs. The amount of claims filed in your local area can be a factor in determining the price of your policy. Put simply, where you live could have a huge impact in what you pay for homeowners coverage.

If you're looking for the cheapest homeowners coverage in Oakland, take at look at the 94611 ZIP code. In the 94611 area, homeowners policies typically cost just $926 per year on average, which isa full $88 less than the Oakland average. Find the best places to live in Oakland for cheap home insurance by looking at the table below.


AFFORDABLE AREAS FOR HOMEOWNERS INSURANCE IN OAKLAND
ZIP CodeAverage Annual Home Insurance Rate
94611$926
94617$944
94705$953

Other parts of Oakland, however, have homeowners insurance premiums that are higher on average. These areas of the city could be more susceptible to perils such as theft, severe weather, or fires that present more risk for insurance companies. An average annual rate of $1,090 makes 94621 the most expensive ZIP code in Oakland for homeowners insurance.


EXPENSIVE AREAS FOR HOMEOWNERS INSURANCE IN OAKLAND
ZIP CodeAverage Annual Home Insurance Rate
94621$1,090
94601$1,070
94609$1,068



Get a homeowners insurance quote


Looking for a money-saving tip for insurance in Oakland? Try bundling

To save a little money, you might think about bundling your homeowners and auto insurance policies through the same company. Bundling homeowners and auto insurance can be a good money-saving option. In fact, bundling policies in Oakland leads to average annual savings of 12%.


CHEAPEST AUTO INSURANCE RATES WITH HOME BUNDLE IN OAKLAND
CompanyAvg. Annual Auto Insurance Rate (Bundle)
Mercury$1,367
GEICO$1,383
Farmers$1,828
AAA$2,030
State Farm$2,041

Bundling your homeowners and auto policies can be a great way to save some money on insurance. To speak with an insurance professional, give us a call at 855-493-9728 today.


Need homeowners insurance?