Best & Cheapest Homeowners Insurance in Oxnard, CA For May, 2024
In Oxnard, Allstate offers the most affordable homeowners insurance, averaging $1,273 per year.
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
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.
Quotes Analyzed
Years Of Industry Experience
Brands Reviewed
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
FAQs
Who has the cheapest home insurance in Oxnard, CA?
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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