Home Insurance in Bakersfield, CA

How to find affordable homeowners insurance in Bakersfield

Home insurance should be a critical consideration for every homeowner. Fire, vandalism, theft, and wind damage are just a handful of the perils from which homeowners coverage can protect your dwelling and other personal belongings. With the relative frequency of such events — and the high cost of rebuilding or repairing a home — purchasing home insurance is a sound investment. The average homeowners policy costs $76 per month in Bakersfield, California. This is well below the national average monthly home insurance payment.

The cost of homeowners insurance coverage depends on many factors. This can include the overall value of your house, the value of your personal belongings, and the materials that were used when building your home. The location of your home can also influence how much you pay for homeowners insurance. Some areas are more susceptible to perils like fire, hail, frozen pipes, volcanoes, or other hazards. These can make your insurance policy even more expensive. Find out more info about the specifics of home insurance coverage.

Finding affordable home insurance in Bakersfield starts with shopping around and comparing policies. Take a look at the summary below showing average home insurance rates in Bakersfield to help you get as much information as possible when you start your search for homeowners insurance. One thing to note is that the yearly cost of home coverage is determined based on your chosen coverage limits as well as a number of other rating factors.

Table of contents:

1. Rates by insurer
2. Rates by coverage amount
3. Rates by ZIP code
4. Rates by deductible amount
5. Policy bundling savings

 

Bakersfield home insurance by company

Bakersfield homeowners insurance rates will vary depending on which insurance company you choose. The most inexpensive home insurance in Bakersfield comes from Mercury, which offers average annual rates of just $610 per year. This is more favorable than the city’s average home insurance premium of $911.

Have a look at the cheapest insurance companies in Bakersfield, California to find the right home policy for you. You can also check out our guide to the best home insurance companies based on the results of The Zebra's Customer Satisfaction Survey.

AFFORDABLE HOME INSURERS IN BAKERSFIELD

Company	Average Annual Rate
Mercury	$610
Allstate	$706
USAA	$747
AmTrust NGH	$793
AAA	$800

 

Bakersfield homeowners insurance prices by coverage level

The level of homeowners coverage you select has an impact on your insurance rates. In Bakersfield, carrying $200K dwelling coverage costs an average of $638, while carrying additional coverage up to $400K costs $1,224/year.

POPULAR COVERAGE LIMITS IN BAKERSFIELD

Coverage Level	Average Annual Rate
$100,000 Dwelling	$384
$200,000 Dwelling	$638
$250,000 Dwelling	$806
$400,000 Dwelling	$1,224

 

Bakersfield home insurance rates by ZIP code

Home insurance costs can vary depending on what area of Bakersfield in which you live. One of the factors that insurers use when pricing your coverage is the number of claims filed in your surrounding area. As such, your neighborhood's location can drastically affect your home insurance premium.

If you're looking for the cheapest home insurance rates in Bakersfield, take a look at the 93311 ZIP code. In the 93311 area, homeowners coverage usually costs just $900 on average — a full $11 less than the overall average for Bakersfield. The below table shows the best places to live in Bakersfield if you’re looking for affordable homeowners insurance.

AFFORDABLE HOME INSURANCE AREAS IN BAKERSFIELD

ZIP Code	Average Annual Home Insurance Rate
93311	$900
93301	$900
93314	$903

Some parts of Bakersfield, however, are prone to home insurance costs that are higher on average. Crime rates, fire risk, and even your proximity to emergency services could lead insurance companies to see certain neighborhoods as higher risk, which could drive up area rates. One of the costliest ZIP codes for home insurance in Bakersfield is 93308, with an annual average rate of $926.

EXPENSIVE HOME INSURANCE AREAS IN BAKERSFIELD

ZIP Code	Average Annual Home Insurance Rate
93308	$926
93307	$925
93305	$917

 

Bakersfield homeowners insurance deductibles

Homeowners have numerous choices to make when buying a homeowners policy, including how high or low to set their deductible. A homeowners deductible is the amount for which a homeowner is responsible before an insurance company steps in to cover costs. The deductible that you decide on can change how much you pay in insurance premiums.

When choosing a deductible, bear in mind that the higher your deductible is, the lower your insurance rates will be. Therefore, if you are aiming for lower home insurance rates, it pays to keep your deductible higher. Be mindful of the fact that your deductible should only be set as high as you can reasonably afford in the event of a covered loss.

The following chart illustrates the average rates associated with deductibles offered by most home insurers.

HOME INSURANCE PREMIUMS BY DEDUCTIBLE LEVEL IN BAKERSFIELD

Deductible Level	Average Annual Homeowners Insurance Rate
$500	$906
$1,000	$806
$1,500	$758
$2,000	$684
$5,000	$573

 

Home and auto insurance bundling in Bakersfield

You might want to consider purchasing your auto and homeowners policies through the same company if you are searching for the best overall prices. Bundling your homeowners and auto insurance can save you a substantial sum each month on your auto insurance bill. By bundling your policies, Bakersfield homeowners could see annual savings of 12% on average.

CHEAPEST CAR INSURANCE RATES WITH HOME BUNDLE IN BAKERSFIELD

Company	Avg. Annual Auto Insurance Rate (With Bundle)
GEICO	$1,128
Mercury	$1,165
Farmers	$1,484
Allstate	$1,831
State Farm	$1,846