Top 10 Best Home Insurance in Oakland, CA December 2022
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There are 7,100 people living per square mile in Oakland and Oakland is consistently topped the top ten list of worst cities to live in the United States. This city has 157,508 homes in a 56 square mile area, the property owners live in 38% of the homes and 55% are rental properties. There are also 4,727 homes for sale in Oakland and a stunning 4,412 of those homes for sale are in foreclosure or have been foreclosed on. Learn how to find affordable homeowners insurance in Oakland. You can use MoneyGeek’s home insurance calculator to compare quotes for home insurance in California.
This compensation may impact how, where and in what order products appear. Bankrate.com does not include all companies or all available products. Bundling discounts are typically the easiest to qualify for because they simply require you to purchase car and home insurance from the same carrier. Most insurance experts recommend that you ask your insurance agent about potential discounts when you renew your policy as you may qualify for additional savings over time. Bankrate follows a strict editorial policy, so you can trust that our content is honest and accurate. Our award-winning editors and reporters create honest and accurate content to help you make the right financial decisions.
Farmers Insurance - Ruth Stroup
Oakland homeowners can opt for high deductibles to reduce their home insurance rates. The deductibles and the corresponding reduction in home insurance rates differ from one home insurance company to another. Oakland homeowners are suggested to choose the home insurance company that offers the highest discount for their deductibles. For example, Oakland homeowners opting for a deductible of $2,500 and $2,000 pay $1,218 and $1,296, respectively. Fortunately, there are cheap home insurance providers in Oakland that may beat the city average. Based on Bankrate’s research, ASI Progressive, Mercury Insurance and USAA offer some of the lowest average homeowners insurance rates for Oakland residents.
Homeowners in Oakland can get up to $34 off their insurance premiums by installing a swimming pool. Installing self-latching and self-closing gates around the pool also benefits your insurance rates and insurance companies provide discounts for the same. This area sees a lot of water damage, whether from hurricanes, flooding or unexpected storms. It's essential that your homeowners policy specifically protect you against the risks you face on the coast. To be covered against flood damage, you will need to supplement your Tampa home insurance coverage with a flood insurance policy.
Insurance Disclosure
The average monthly cost of home insurance in Fort Lauderdale is $190. The average monthly cost of home insurance in Naples is $234. The average monthly cost of home insurance in Miami is $211. The average monthly cost of home insurance in Jacksonville is $151. The average monthly cost of home insurance in Tampa is $177. We found 1590 results for Home Insurance in or near Oakland, CA.They also appear in other related business categories including Auto Insurance, Homeowners Insurance, and Life Insurance.
All Kin policies include wildfire insurance to make sure your home is prepared for the worst-case scenario. This covers fire, smoke, and explosion damage to your home, belongings, and other structures. Based on the premiums , coverage and ease of customer access , I would recommend GEICO. I recommend State Farm for home insurance because the rates are affordable and they are quick to approve claims. There is never a hassle with them and they are friendly and professional. I am happy with the premium and the communication I receive regarding coverage and premium.
Home Insurance in Oakland, CA
The information provided on this site has been developed by Policygenius for general informational and educational purposes. We do our best to ensure that this information is up-to-date and accurate. Any insurance policy premium quotes or ranges displayed are non-binding. The final insurance policy premium for any policy is determined by the underwriting insurance company following application.
Other factors that impact your insurance premium may include the types and levels of coverages you choose, along with the amount of your deductible. Personal property insurance is one of the core coverages in a homeowners insurance policy in Oakland. This means that the value of the personal property that you want to be covered will affect your premiums. People with more property to cover will typically pay more for home insurance. Oakland homeowners with high personal property limits of $250,000 pay an average of $2,612 yearly, while those with $100,000 personal property limits pay roughly $2,299 annually. It insures traditional homes and condominiums and also offers renters insurance services for clients who lease residential property and need to insure valuables.
All "home insurance" results in Oakland, CA
You can check the table below to know more about life insurance companies charging the lowest premiums for seniors living in Oakland. A long, healthy life is not promised to everyone, not even young people. Life insurance is cheaper for young adults ages 25 and under because it’s believed that as you age, your insurance policy price rises as well.
Men in Oakland pay premiums that are 9% higher than the average cost in California, and female residents in Oakland pay 15% more than the average cost that other California women pay. Thebest home insurance companydepends on whether you are in search of the cheapest home insurance or a carrier with special coverages. The rating of your personal factors, such as your location, claim history, and the size of your home, will also affect it. Compare quotes to determine the best home insurance company.
Our editorial team does not receive direct compensation from our advertisers. Bankrate follows a strict editorial policy, so you can trust that we’re putting your interests first. The offers that appear on this site are from companies that compensate us. This compensation may impact how and where products appear on this site, including, for example, the order in which they may appear within the listing categories. But this compensation does not influence the information we publish, or the reviews that you see on this site.
That means yourcoverage is calculatedbased on things like your home’s square footage and construction costs in your area, not the amount it would go for on the open market. Smokers are considered riskier to insure by life insurance companies because they are more susceptible to ailments that shorten life expectancy. As a result, smokers typically pay higher insurance premiums. Fortunately, there are several affordable life insurance options for smokers. If you smoke, consider purchasing cheap life insurance suited for smokers.
This city has home values that are only slightly higher than the state average, and a high crime rate. Property values in Fort Lauderdale are much higher than the state average, and so too is the burglary rate in this city! This means that residents need protection against both natural disasters and property crimes.
This is due to a mix of rising inflation, labor shortages, and severe wildfires that have plagued the state in recent years. Some carriers may be represented by affiliates or subsidiaries. Rates provided are a sample of costs — your actual quotes may differ. Seniors are usually content with less coverage because their children have grown up and are no longer financially reliant on them.
The monthly cost of home insurance should not be too painful if homeowners know which discounts they can take advantage of. There are 182 licensed insurance companies in the State of California, so you will have plenty of opportunity to choose the company that you want. However, with so many choices, it is important that you narrow down your choices with a quote so that you are not researching companies that offer policies out of your price range. Think of these as mini policies that add on coverage to fit your lifestyle.
It has been in business since 2006, representing a wide network of insurance providers to help clients find and purchase policies that offer coverage for their specific needs and goals. One of its products is homeowners' insurance, which provides personalized coverage against financial loss in case of accidental damage, theft, or destruction of their home. In addition to home insurance, the agency also offers auto, personal umbrella, and business insurance policies.
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