Best & Cheapest Homeowners Insurance in Bakersfield, CA May, 2024
In Bakersfield, Allstate provides the cheapest homeowners insurance, costing around $1,250 per year on average.
After carefully assessing the home insurance options available in Bakersfield, California, we discovered that Allstate provides the most budget-friendly choice, with an average annual premium of $1,250. However, it’s essential to understand that the optimal insurer for you can depend on your individual circumstances and requirements.
For example, if you possess a significant amount of personal property that needs protection, USAA stands out as the preferred option, delivering extensive coverage at a reasonable rate of $1,670 per year. Furthermore, for those with newly constructed homes, Allstate remains the most cost-effective solution at $1,126 annually.
At Insuranceopedia, our thorough analysis aims to assist you in finding the perfect home insurance coverage. Through comparing customer ratings, evaluating personal experiences, and providing comparison charts, we strive to equip you with all the necessary information to make a well-informed decision.
How much is homeowners insurance in Bakersfield, CA?
In Bakersfield, Allstate offers the most affordable homeowners insurance, with an average annual cost of $1,250.
In Bakersfield, the homeowners insurance rates are slightly above the national average but are lower than the average rates in the state of California.
| Area | Average Monthly Rate |
| National | $1,820 |
| California | $2,008 |
| Bakersfield | $1,880 |
Insurance rates aren’t fixed; they can vary significantly based on multiple factors.
Cheapest Homeowners Insurance in Bakersfield, CA, 2024
Our Methodology
To identify the most cost-effective home insurance rates in Bakersfield, we collected data from multiple home insurance review platforms. Some of these sources analyzed rates sourced from public filings through Quadrant Information Services. In this assessment, we averaged those rates, but it's crucial to understand that each company's rates can vary regularly and are contingent on individual circumstances. Furthermore, the overall rating reflects my subjective judgment, drawing from fifteen years of experience as a licensed insurance agent and more than three decades of purchasing home insurance.
Quotes Analyzed
Years Of Industry Experience
Brands Reviewed
Research Hours
Cheapest homeowners insurance in Bakersfield, CA
Allstate is the top choice for affordable homeowners insurance in Bakersfield, California, with an average annual rate of $1,250.
| Company | Annual Premium |
| Allstate | $1,250 |
| USAA | $1,599 |
| State Farm | $1,784 |
| Nationwide | $1,970 |
| AIG | $2,175 |
Several factors influence the cost of your insurance policy, including where you live, the value of your home, and your claims history. Allstate offers a balanced mix of affordability and extensive coverage options.
Cheapest Homeowners Insurance for Newly Constructed Homes
If you’re a homeowner proud of your newly constructed home, Allstate is the most budget-friendly option, offering an average yearly rate of $1,126.
| Insurance Company | Average Annual Premium |
| Allstate | $1,126 |
| State Farm | $1,260 |
| USAA | $1,272 |
| Nationwide | $1,498 |
| Chubb | $1,870 |
Newly constructed homes often need specialized coverage compared to older properties, and Allstate is recognized for providing affordable policies customized to meet these distinct requirements.
Cheapest Home Insurance Rates for Lots of Personal Property
If you own a substantial amount of personal property, USAA provides the most economical option, with an average annual rate of $1,670.
| Insurance Company | Average Annual Premium |
| USAA | $1,670 |
| State Farm | $1,845 |
| Nationwide | $2,390 |
| AIG | $2,482 |
| Chubb | $2,695 |
As your personal property holdings increase, so do your coverage needs, potentially resulting in higher premiums. However, USAA tackles this by providing extensive coverage at reasonable rates, ensuring that all your belongings receive adequate protection.
Best Homeowners Insurance Companies in Bakersfield, CA
Selecting the appropriate homeowners insurance isn’t just a requirement; it’s a decision that warrants thoughtful deliberation. Bakersfield showcases a variety of properties, mirroring the diversity of its residents. Hence, locating an insurer that provides comprehensive coverage at competitive rates is crucial.
To simplify your decision-making, we’ve curated a list of the leading homeowners insurance companies in Bakersfield, California. Our assessment considers factors like annual premiums, coverage choices, customer satisfaction scores, and overall dependability. Check out our comparison chart below to discover the ideal match for your home insurance requirements.
| Company | Annual Premium | |
| 1. | Allstate | $1,250 |
| 2. | USAA | $1,599 |
| 3. | State Farm | $1,784 |
| 4. | Nationwide | $1,970 |
| 5. | AAA | $1,820 |
| 6. | MetLife | $1,868 |
| 7. | AIG | $2,175 |
| 8. | Farmers | $2,879 |
Average Home Insurance Rates by Zip Codes
Home insurance costs in Bakersfield, CA can vary widely depending on the zip code. Below, you’ll find tables showing rates for different zip codes in Bakersfield, along with details about the least and most expensive zip codes for annual home insurance premiums in the area.
| ZIP Code | Average Insurance Premium (Annual) |
| 93314 | $918 |
| 93301 | $916 |
| 93311 | $915 |
| 93307 | $937 |
| 93308 | $939 |
| 93305 | $940 |
Cheapest Zip Codes
| ZIP Code | Average Insurance Premium (Annual) |
| 93314 | $918 |
| 93301 | $916 |
| 93311 | $915 |
Most Expensive Zip Codes
| ZIP Code | Average Insurance Premium (Annual) |
| 93307 | $937 |
| 93308 | $939 |
| 93305 | $940 |
Average Home Insurance Rates in Bakersfield, CA by Deductible Amount
The deductible amount you choose for a homeowners insurance policy significantly affects the premium rates in Bakersfield, CA. Here’s how the average home insurance rates vary for different deductible amounts:
| Deductible Amount | Annual Rate |
| $500 | $916 |
| $1,000 | $820 |
| $1,500 | $767 |
| $2,000 | $691 |
| $5,000 | $657 |
Average Home Insurance Rates in Bakersfield, CA By Coverage Amount
A key factor that impacts your premium is the dwelling coverage amount, representing the maximum your insurance company will pay to rebuild or repair your home if it’s damaged or destroyed.
Let’s take a look at a comparison chart showing the average annual premiums for homeowners insurance based on different dwelling coverage amounts.
| Dwelling Coverage Amount | Average Annual Premium |
| $200,000 | $640 |
| $250,000 | $816 |
| $300,000 | $1,003 |
| $350,000 | $1,138 |
| $400,000 | $1,245 |
Average Home Insurance Rates in Bakersfield, CA by Company
Here is a table comparing the annual premiums from some of the leading insurance companies in Bakersfield.
| Company | Annual Premium |
| Allstate | $1,250 |
| USAA | $1,599 |
| State Farm | $1,784 |
| Nationwide | $1,970 |
| AAA | $1,820 |
| MetLife | $1,868 |
| AIG | $2,175 |
| Farmers | $2,879 |
How Much is Homeowners Insurance for Other Cities in California?
Below is a comprehensive comparison chart highlighting the most affordable companies and their yearly premiums across different cities in California.
| City | Annual Premium |
| San Francisco | $2,084 |
| Oakland | $1,830 |
| Los Angeles | $2,613 |
| Riverside | $2,234 |
| San Diego | $1,736 |
Getting Online Homeowners Insurance Quotes in California
FAQs
Who has the cheapest home insurance in Bakersfield, CA?
What is the average cost of home insurance in Bakersfield, CA?
On average, homeowners insurance in Bakersfield, California, costs approximately $1,880 per year.
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