Best & Cheapest Homeowners Insurance in Oxnard, CA For June, 2024

In Oxnard, Allstate offers the most affordable homeowners insurance, averaging $1,273 per year.

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Updated: 05 May 2024
Written by
Bob Phillips
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In our thorough assessment of home insurance options in Oxnard, California, Allstate emerges as the most budget-friendly choice, with an average annual premium of $1,273. However, it’s important to note that the best insurer for you may depend on your specific circumstances and requirements.

For instance, if you own an older home, Travelers offers competitive rates at $1,576 per year, along with comprehensive coverage. On the other hand, for owners of newly constructed homes, Nationwide provides the most cost-effective solution at $1,416 annually.

If you have a history of filing claims, State Farm offers affordable coverage at $1,632 per year.

Moreover, if you have valuable personal property requiring protection, Nationwide is the preferred choice, offering extensive coverage at a reasonable rate of $1,416 per year.

At Insuranceopedia, our detailed analysis aims to help you find the perfect home insurance coverage. By comparing customer ratings, assessing personal experiences, and providing comparison charts, we offer all the information needed to make a well-informed decision.

How much is homeowners insurance in Oxnard, CA?

Allstate provides the most affordable homeowners insurance rate in Oxnard, with an annual cost of $1,273.

Below, you can see that the rates in Oxnard are lower than the national average. They also fall below the average for the state of California.

Area Average Monthly Rate
National $1,820
California $2,008
Oxnard $1,590

It’s important to understand that insurance rates aren’t fixed; they can vary significantly based on several factors.

Cheapest Homeowners Insurance in Oxnard, CA, 2024

Cheapest Homeowners Insurance, Oxnard, 2024

Our Methodology

To find the most cost-effective home insurance rates in Oxnard, we gathered data from various home insurance review websites. Some of these sources analyzed rates obtained from public filings through Quadrant Information Services. In this review, we averaged those rates. However, it's important to note that each company's rates can vary regularly and depend on individual circumstances. Additionally, the overall rating reflects my subjective opinion, informed by fifteen years of experience as a licensed insurance agent and over three decades of procuring home insurance.

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Quotes Analyzed

15+

Years Of Industry Experience

24

Brands Reviewed

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Research Hours

Cheapest homeowners insurance in Oxnard, CA

Allstate stands out as the most budget-friendly option for homeowners insurance in Oxnard, CA, with an average annual rate of $1,273.

Company Annual Premium
Allstate $1,273
Nationwide $1,308
Travelers $1,460
State Farm $1,538
Chubb $2,080

Your policy’s price is influenced by several factors, including your location, home value, and claims history. Allstate offers a balanced combination of affordability and comprehensive coverage, making it a popular choice for homeowners in Oxnard.

Cheapest Homeowners Insurance If You Have an Older Home

Owners of older homes may find Travelers to be the most economical choice, offering an average annual rate of $1,576.

Insurance Company Average Annual Premium
Travelers $1,576
Farmers $1,445
AIG $1,915
Chubb $2,130

Historic houses often come with specific issues and upkeep needs that can raise insurance costs. Travelers offers affordable rates and comprehensive protection designed to meet the particular requirements of older homes.

Cheapest Homeowners Insurance for Newly Constructed Homes

Nationwide is the top pick for homeowners who value affordability for their newly constructed homes, with an average annual rate of $930.

Insurance Company Average Annual Premium
Nationwide $930
Travelers $1,042
State Farm $1,098
Chubb $1,463
Farmers $1,495

Newly constructed homes often require specialized coverage compared to older properties, and Nationwide is known for offering affordable policies tailored to meet these unique needs.

Cheapest Home Insurance for a History of Claims

Homeowners who have a history of claims can find a budget-friendly option with State Farm, offering an average yearly rate of $1,632.

Insurance Company Average Annual Premium
State Farm $1,632
Allstate $1,870
USAA $2,644
Nationwide $2,876
Chubb $4,130

Having a history of claims usually leads insurers to raise premiums due to increased risk. However, State Farm believes in second chances and offers fair rates to individuals with previous claims.

Cheapest Home Insurance Rates for Lots of Personal Property

For homeowners with a significant amount of personal property, Nationwide offers the most budget-friendly option, with an average yearly rate of $1,416.

Insurance Company Average Annual Premium
Nationwide $1,416
Travelers $1,582
State Farm $1,670
Farmers $2,227
Chubb $2,571

As your personal property holdings increase, so do your coverage needs, which can lead to higher premiums. Nationwide addresses this by offering comprehensive coverage at reasonable rates, ensuring that all your possessions are adequately protected.

Best Homeowners Insurance Companies in Oxnard, CA

Choosing the right homeowners insurance isn’t just necessary; it’s a decision that requires careful consideration. Oxnard features a range of properties, reflecting the diversity of its residents. Therefore, finding an insurer that offers comprehensive coverage at competitive prices is essential.

To streamline your decision-making process, we’ve compiled a list of the top homeowners insurance companies in Oxnard, CA. Our assessment takes into account factors such as annual premiums, coverage options, customer satisfaction ratings, and overall reliability. Explore our comparison chart below to find the perfect match for your home insurance needs.

Company Annual Premium
1. Allstate $1,273
2. Nationwide $1,308
3. Travelers $1,460
4. State Farm $1,538
5. AIG $1,490
6. MetLife $1,835
7. Chubb $2,080
8. Hartford $2,392

Average Home Insurance Rates by Zip Codes

Home insurance costs in Oxnard, CA can vary greatly depending on the zip code. Below, you’ll find tables showing rates for different zip codes in Oxnard, as well as details on the least expensive and most expensive zip codes for annual home insurance premiums in the area.

ZIP Code Average Insurance Premium (Annual)
93034 $823
93042 $1,118
93041 $828
93033 $903
93036 $1,109
93035 $1,176

Cheapest Zip Codes

ZIP Code Average Insurance Premium (Annual)
93041 $828
93033 $903
93034 $823
93044 $965

Most Expensive Zip Codes

ZIP Code Average Insurance Premium (Annual)
93036 $1,109
93035 $1,176
93042 $1,118
93030 $1,225

Average Home Insurance Rates in Oxnard, CA by Deductible Amount

The chosen deductible amount for a homeowners insurance policy has a significant impact on determining premium rates in Oxnard, CA. Here’s how the average home insurance rates fluctuate for different deductible amounts:

Deductible Amount Annual Rate
$500 $1,123
$1,000 $987
$1,500 $810
$2,000 $750
$5,000 $598

Average Home Insurance Rates in Oxnard, CA By Coverage Amount

One important factor that affects your premium is the dwelling coverage amount, which represents the maximum sum your insurance company will pay for rebuilding or repairing your home if it’s damaged or destroyed.

Now, let’s look at a comparison chart displaying the average annual premiums for homeowners insurance associated with various dwelling coverage amounts.

Dwelling Coverage Amount Average Annual Premium
$200,000 $602
$250,000 $770
$300,000 $853
$350,000 $972
$400,000 $1,102

Average Home Insurance Rates in Oxnard, CA by Company

Here is a comparison table showing the annual premiums from some of the top insurance companies in Oxnard:

Company Annual Premium
Allstate $1,273
Nationwide $1,308
Travelers $1,460
State Farm $1,538
AIG $1,490
MetLife $1,835
Chubb $2,080
Hartford $2,392

How Much is Homeowners Insurance for Other Cities in California?

Here 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

Platforms like Insuranceopedia offer convenient access to finding ideal coverage tailored to your specific requirements with just a few clicks. By providing quick online quotes from reputable insurers, Insuranceopedia enables you to effortlessly compare rates.

Just input your details, and we’ll take care of the rest, presenting you with a variety of options customized to your preferences. This empowers you to confidently select a policy that offers the greatest value, striking a balance between cost and comprehensive coverage.

FAQs

Who has the cheapest home insurance in Oxnard, CA?

In Oxnard, California, Allstate offers the most affordable home insurance option, with an annual premium of $1,273.

What is the average cost of home insurance in Oxnard, CA?

The average annual cost of homeowners insurance in Oxnard, California, is around $1,590.

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