Renters Insurance in Oakland, CA

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Kristine Lee

Insurance Analyst

Kristine is a licensed insurance agent who joined The Zebra in 2019 as an in-house content researcher and writer. Before joining The Zebra, she was a…

Credentials
  • Licensed Insurance Agent — Property and Casualty
  • 5+ years of Experience in the Insurance Industry

Insurance coverage amid California wildfires

Due to the recent wildfires, many insurers will not issue new policies or allow existing customers to increase coverage. The California Insurance Commissioner enacted a one-year moratorium on cancellations for residents in fire-affected ZIP codes, protecting coverage regardless of property damage. Check eligibility and find resources through https://disasterassistance.gov/ or visit our guide for more details.

Renters insurance in Oakland, California


It's important to carry renters insurance if you're renting a home. It insures your rental dwelling — and any personal property within it — against a variety of perils, such as fire, theft, vandalism, and wind damage. Given the relatively common frequency of these incidents, the affordability of a renters policy, and the relatively high cost of replacing your property, a renters insurance policy is a solid investment.

The cost of your renters insurance will rely on a number of contributing factors, including your building's age, the material from which it’s made, its geographic location, and the pricing guidelines of your insurance company. In areas prone to hail, fire, lightning, or damaging wind, renters insurance policies may be more expensive to account for the extra risk.

The average yearly cost of renters insurance in Oakland is $245.

Finding reliable renters insurance in Oakland starts with shopping around and comparing policies. Consult our breakdown of Oakland, California renters insurance premiums to begin your search with as much background info as possible. Remember: rates will vary based on your coverage limits and other factors.


Jump to:

  1. Rates by company
  2. Rates by coverage level
  3. Bundling discounts

Popular renters insurance companies in Oakland

Renters insurance premiums in Oakland depend on the insurance company you choose. For instance, Fire Insurance Exchange offers the cheapest renters insurance in Oakland, at just $127 per year. That's less expensive than the city's average cost of $245, providing a $118 discount on typical rates in the city.

Begin your search for a renters insurance policy by exploring the cheapest insurers in Oakland.


AFFORDABLE RENTERS INSURANCE COMPANIES IN OAKLAND
CompanyAverage Annual Rate in Oakland
Fire Insurance Exchange$127
State Farm$147
California Automobile$155
Safeco$171
Travelers$205

Oakland renters insurance pricing by coverage tier

The cost of your renters insurance depends on the amount of coverage you opt to carry. The most common levels of renters insurance coverage are $25,000 and $50,000 property coverage. In Oakland, the annual cost differential between these options is roughly $97. If you can afford to insure your personal property at this additional expense, it's an option worth considering.

Coverage LevelAverage Annual Rate in Oakland
$25K Property$197
$50K Property$294

Tip: bundle your auto and renters insurance policies in Oakland

If you’re seeking ways to save on your insurance expenditures, consider carrying your renters and auto policies with the same insurance company. Combining renters and car insurance in Oakland can lead to substantial savings. In fact, bundling renters and auto insurance leads to average savings of 3.5% on car insurance premiums. The car insurance company with the cheapest bundled rate is GEICO, followed by Mercury and Farmers.


CAR AND RENTERS BUNDLING DISCOUNTS IN OAKLAND
Annual Bundle SavingsBundle Savings %
$693.5%


Need renters insurance? Talk to an expert today.

About The Zebra

The Zebra is not an insurance company. We publish data-backed, expert-reviewed resources to help consumers make more informed insurance decisions.

  • The Zebra’s insurance content is written and reviewed for accuracy by licensed insurance agents.
  • The Zebra’s insurance editorial content is not subject to review or alteration by insurance companies or partners.
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  • The auto insurance rates published on The Zebra’s pages are based on a comprehensive analysis of car insurance pricing data, evaluating more than 83 million insurance rates from across the United States.