Bakersfield ,CA Home Insurance - The cost of homeowners insurance is influenced by a range of factors, including the value of your coverage, deductible, and the construction materials used in your home.
VHome Insurance conducted a thorough analysis of the Bakersfield, CA homeowners insurance market, taking into account factors like average costs, range of coverages, deductibles and customer satisfaction ratings to determine the best providers. The Average home insurance cost in Bakersfield, CA is $1291. Enter your zipcode below and click “GO” to get multiple free quotes.
It is important to understand the different coverage options available in Bakersfield, CA. VHome Insurance will help you navigate the world of homeowners insurance coverages in Bakersfield, CA.
| Coverage Level | Average Annual Premium |
|---|---|
| $100,000 | $516 |
| $200,000 | $878 |
| $300,000 | $1,084 |
| $400,000 | $1,652 |
| $500,000 | $2,079 |
Home insurance costs in Bakersfield can vary greatly based on location. The frequency of claims in your area can affect the cost of your policy. Simply put, the location of your home can significantly impact your homeowners insurance premium.
| Zipcode | Average Insurance Premium |
|---|---|
| 093311 | $1,243 |
| 93308 | $1,225 |
| 93313 | $1,234 |
| 93309 | $1,221 |
| 93301 | $1,213 |
| 93306 | $1,221 |
| 93307 | $1,212 |
| 93304 | $1,210 |
One key aspect of your policy is the deductible, which is the amount you pay out of pocket before your insurance kicks in. Choosing the right deductible can have a major impact on your insurance premiums and overall savings. In this guide, we'll help you understand the options available for homeowners insurance deductibles in Bakersfield, CA, and how to choose the right one for your needs.
| Deductible Level | Average Annual Premium |
|---|---|
| $500 Deductible | $1,324 |
| $1000 Deductible | $1,184 |
| $1500 Deductible | $1,117 |
| $2500 Deductible | $1,007 |
| $5000 Deductible | $852 |
| Home Insurance Company Near Bakersfield, CA | Homeowners Insurance Agency Near Bakersfield, CA | Address |
|---|---|---|
| NA | El Dorado Insurance Agency Inc | 4100 Easton Dr, Ste 2, Bakersfield, CA, 93309 |
| Farmers | Eric Fambrough | 812 10th Ave, Delano, CA, 93215 |
| Allstate | Hero Singh | 4831 Panama Ln Unit A1, Bakersfield, CA, 93313 |
| Travelers | Tolman & Wiker Insurance Services Llc | 5001 California Avenue, Suite 150, Bakersfield, CA, 93309 |
| Liberty Mutual Independent | Walter Mortensen Insurance | 8500 Stockdale Highway, Suite 200, Bakersfield, CA, 93311 |
| Place | 1 Car Bundle Savings On Insurance | 2 Car Bundle Savings On Insurance | 3 Car Bundle Savings On Insurance |
|---|---|---|---|
| Oildale CDP, California | $74 | $98 | $147 |
| Fuller Acres CDP, California | $72 | $96 | $144 |
| Greenacres CDP, California | $74 | $99 | $148 |
| Place | Home insurance as a % of housing cost for homes with mortgage | Home insurance as a % of housing cost for homes without mortgage |
|---|---|---|
| Bakersfield, CA | 3.3% | 12.4% |
| Oildale | 3.38% | 15.15% |
| Fuller Acres | 5.38% | 18.96% |
| Greenacres | 3.21% | 9.96% |
| Bakersfield Home By Monthly Rent | Total Homes | % of Total | Estimated Monthly Income To Afford Rented House Including Renters Insurance |
|---|---|---|---|
| $200 to $299 | 902 | 1.0% | $803 |
| $300 to $499 | 3,370 | 5.0% | $1253 |
| $500 to $749 | 14,800 | 25.0% | $1928 |
| $750 to $999 | 16,799 | 29.0% | $2678 |
| $1,000 to $1,499 | 16,036 | 27.0% | $3803 |
| $1,500 or more | 4,978 | 8.0% | $5453 |
| Streets in Bakersfield Area | Homeowners Insurance Cost |
|---|---|
| Sunland Ave, Deercreek Ln, Harless St, W China Grade Lp, Rancho Verde Dr, Iron Oak Dr, Gambel Oak Way, Dorva Ave, Autumn Crest Dr, Peachwood Ct | $592 |
| Tea Tree Ct, la Dorita St, Brush Creek Ave, la Cresta Dr, Dobrusky Dr, Letzring Ln, Grizzly St, Sunny Glen Ct, Bayberry Way, Belle Ave | $581 |
| Hillside Dr, Pretoria Pl, Palm St, Glacier Canyon Ct, Rio Linda Dr, Shanley Ct, Montaro Ct, Armour Ave, Melbourne Ln, Castleton St | $587 |
| Crestmont Dr, Bus Park S, Plute Pass St, Sonya Ct, Redwood Meadow Dr, Cantleberry Ln, Alta Vista Dr, E 3rd St, Violet Rose Ct, Bama Rose Ct | $593 |
| Conrad Ln, Barbados Ave, Pentz St, Everett Way, Reynard Rd, Tretorn Ave, Sharktooth Peak Dr, Jeffrey St, Deanna Way, Jessie St | $598 |
| del Amo Way, Columbine St, Fiesta Ave, Simpson Rd, Callie Dr, Maranatha Rd, Cherry St, Savory Ln, San Angelo Way, Morningstar Ave | $582 |
| Playa del Sol Ct, Cramer St, Poinsetta St, Merriweather Dr, McBride Pl, Malibu Ct, Single Oak Dr, S N St, E Commerce Center Dr, Hesketh Dr | $596 |
| Pine Castle Ave, Vassar St, Cartagena Ave, Summer Villa Dr, Beckenham Pkwy, Jet Way, Rockaway Beach Ct, Garnsey Ln, Wigan Pl, Kendall Way | $594 |
| Marseilles Ct, Magic Ave, Spring Flower Way, Barrington St, Rio Bravo Dr, Harpenden Ave, Delburn St, Portal Ave, Raider Dr, Pine Knob Ln | $598 |
| Maurice Ave, Anacostia Way, Summerset Way, Oildale Dr, Grissom St, Hollins St, Box Meadow Ave, Westwold Dr, Auaray St, Cliffside St | $612 |
| Place | Savings For Senior Occupied Homes |
|---|---|
| Bakersfield | $88 to $90 |
| Oildale | $88 |
| Fuller Acres | $86 |
| Greenacres | $89 |
| Coverage ($) | Deductible ($) | Age of home | Company | Average homeowners insurance premium ($) |
|---|---|---|---|---|
| 150000 | 250 | 7-15 Years | Chubb/Federal | 705 |
| 150000 | 250 | 16-25 Years | MAPFRE Group | 740 |
| 150000 | 250 | 16-25 Years | Metropolitan Direct | 599 |
| 150000 | 250 | 26-40 Years | Century National | 699 |
| 150000 | 250 | 41-70 Years | IDS Property Casualty | 899 |
| 150000 | 500 | 1-3 Years | California Capital | 356 |
| 150000 | 500 | 16-25 Years | First American Ins | 513 |
| 150000 | 500 | 16-25 Years | Nationwide | 801 |
| 150000 | 500 | 26-40 Years | Stillwater Ins Co | 736 |
| 150000 | 500 | 26-40 Years | Universal North America | 653 |
| 150000 | 500 | 41-70 Years | QBE (Balboa) | 742 |
| 200000 | 500 | New | Grange | 476 |
| 200000 | 500 | 41-70 Years | USAA | 622 |
| 250000 | 1000 | New | First American Ins | 468 |
| 250000 | 1000 | 7-15 Years | Universal North America | 657 |
| 250000 | 1000 | 16-25 Years | Nationwide | 1045 |
| 250000 | 500 | 1-3 Years | Homesite | 901 |
| 250000 | 500 | 4-6 Years | Amco | 854 |
| 250000 | 500 | 4-6 Years | Sequoia (Personal Express) | 639 |
| 250000 | 500 | 7-15 Years | Nationwide | 1105 |
| 250000 | 500 | 16-25 Years | Bankers Standard | 1666 |
| Low Deductible | High Deductible | |
|---|---|---|
| Deductible | $800 | $1,800 |
| Yearly Bakersfield Homeowner Insurance Premium Example | $600 | $400 |
| Out of Pocket Expense During Claim | $800 | $1,800 |
| Total Home Insurance Premium for 8 years + Out of Pocket Expense for Claim | $5,600 | $5,000 |
| Net Savings to Bakersfield Home Owner from High Deductible Plan | $600 | |
| Scenario | Bakersfield, CA Home Replacement Value MORE than Home Value | Bakersfield, CA Home Replacement Value LESS than Home Value |
|---|---|---|
| Replacement Value | $251,000 | $190,000 |
| Insurance Premium based on Replacement Value | $600 | $450 |
| Risk Exposure from Under Insuring Coverage | Unnecessary Home Insurance Coverage of $36,000 | Risk Exposure from Under Insuring Coverage is $25,000 |
| Premium Impact | Insurance cheaper by $50/year | Insurance costlier by $100/year |
| Insurance Company | Nationwide Insurance | Amica Mutual Insurance Company | Liberty Mutual |
| Monthly Premium | 35 | 40 | 106 |
| Year Built | 1968 | 1996 | 2014 |
| Home Details | 3 Beds, 1 Baths | 4 Beds, 3 Baths | 5 Beds, 1 Baths |
| Coverage Amount | $125000-$150000 | $200000-$250000 | $400000-$500000 |
| Deductible | $1000-$2500 Deductible | $5000 to $10,000 Deductible | $500- $1000 Deductible |