Bakersfield is a city in Kern County, the top oil-producing area in California. Life in this central California oil town has its fair share of delights and downsides. The country music capital of the West Coast offers a small-town escape just two hours north of Los Angeles, and it’s close enough to cities, beaches, and mountains that if Bakersfield’s quaint charm ever gets old, you can spend the day in your setting of choice.
Bakersfield’s affordability and sense of calm make the city an appealing location to settle down. But the city isn’t exactly a peaceful retreat away from the dangers of city life. In fact, Bakersfield has some of the same drawbacks as larger cities—high property crime rates, increasing homelessness, and terrible air quality from oil production. Plus, the city is prone to California’s natural disasters like earthquakes, wildfires, and floods.
So before you get too comfortable with Bakersfield’s seemingly safe facade, you should secure protection for your home and personal belongings. But you don’t have to sort through your options alone.
Insurify is here to help you find the best home insurance in Bakersfield, California. Whether you’re looking for savings on your current insurance policy or searching for home insurance for the first time, use Insurify’s comparison tools to see insurance companies, coverage options, and insurance quotes to find the best Bakersfield home insurance policy for you.
Overpaying for Bakersfield home insurance?
How to Find Cheap Home Insurance in Bakersfield
Bakersfield has some of the cheapest housing costs in California, but buying a home will still probably be one of the largest financial investments of your lifetime. With investment, inevitably, comes risk, especially in California.
Bakersfield is prone to natural disasters like wildfires and earthquakes, and the city’s property crime rate is nearly double the California average. However, there are steps homeowners can take to minimize risk and protect their investment.
The first step to protecting your property is homeowners insurance. Though not required by law, your mortgage lender will likely require you to purchase a homeowners policy. Even if you aren’t required to insure your home, home insurance provides financial liability for your property and belongings from natural disasters or vandalism so you don’t have to cover expensive repair or replacement costs out of pocket. Different coverage levels are available for different property types, locations, and other factors.
Keep reading for a full guide on Bakersfield home insurance.
MORE ON CALIFORNIA HOME INSURANCE
For general information on California home insurance, check out our guide to the best home insurance in California. For more city-specific information, here are our guides to San Francisco homeowners insurance, Los Angeles homeowners insurance, and Sacramento homeowners insurance.
Cheapest Home Insurance in Bakersfield by Company
Homeowners insurance rates aren’t always designed with savings in mind. That’s where Insurify comes in.
As of 2021, the average cost of homeowners insurance in Bakersfield is $1,240 annually, and the median home value is $269,618.
Bakersfield insurance rates are pretty cheap compared to the California average. But you could secure more savings by getting free quotes from different insurance agencies. Check out the average cost of insurance services with companies like State Farm, Allstate, and GEICO.
|Average Home Cost in Bakersfield||Average Annual Insurance Premium in Bakersfield|
Cheapest ZIP Codes in Bakersfield for Home Insurance
If you’re still house hunting, you may want to factor home insurance rates into your Bakersfield home search. Homeowners in neighborhoods like Rosedale and downtown Bakersfield pay less for their home insurance than those in East Bakersfield. Even the specific street you live on can affect your insurance rates (which is why homeowners on Chester Ave pay less than homeowners on East California Ave).
This is because, like property costs, home insurance varies in price from neighborhood to neighborhood. Pricing is determined by ZIP code–specific variables, such as the volume of claims filed nearby, crime rates, and property costs, and risk variables, such as natural disaster frequency. Even your specific neighborhood may determine if you pay more or less on annual premiums.
Rates in Bakersfield are still relatively high compared to the national average, but your specific rate depends on which area you live in. Here are the most and least expensive ZIP codes in Bakersfield for home insurance.
|Most Expensive Real Estate in Bakersfield||Cheapest Real Estate in Bakersfield|
|Stockdale West||$332,187||Stockdale Greens||$282,726|
Home value data from zillow.com
Cut Bakersfield Home Insurance Costs
Home Insurance Coverage Types in Bakersfield
There are several types of home insurance. Specific terms of insurance policies may vary by city, but in general, the standard policy types are as follows:
Mobile Home Form
Flood Insurance for Your Bakersfield Home
Bakersfield is prone to many of the same perils as other California cities, with one major difference: Bakersfield is no stranger to cold winters. Between the city’s nearly freezing winter temperatures and its location on the Kern River, Bakersfield homeowners are at high risk for water damage.
Whether you’re concerned about frozen pipes or flooding from the river, your home insurance policy won’t protect you from the damages these perils can cause. The only way to ensure your home is covered from any type of water damage is with a flood insurance policy.
Bakersfield participates in the National Flood Insurance Program, meaning that Bakersfield homeowners have the option of purchasing flood insurance through the NFIP or their private insurance carrier. (But the city’s relationship with the NFIP has wavered over the past few years, so checking flood insurance rates with private insurers might not be a bad idea.)
Bakersfield Earthquake Insurance
The Bakersfield area has experienced nearly 250 earthquakes in the past year, but many homeowners don’t realize that home insurance policies don’t cover earthquake damage.
The only way to make sure your home and belongings are protected after ground movement is by purchasing an earthquake insurance policy. Adding earthquake coverage to your homeowners policy will increase your annual premiums, but you can cater your rates to your specific needs and the deductible you’re comfortable paying.
In the long run, earthquake insurance in Bakersfield will help you save on expensive repair costs from earthquake damage.
Buying a home is stressful enough—don’t let insuring it get in the way of enjoying your new property.
Frequently Asked Questions - Bakersfield Homeowners Insurance
What coverage does Bakersfield mobile home insurance include?
A mobile home form policy (or HO-7 policy) will include the same coverage as a special form home insurance policy. These policies include dwelling coverage (for your physical home), other structures coverage (for property such as garages and fences), and even general liability coverage (to pay for legal or medical expenses if someone is hurt on your property). Since HO-7 policies are usually open form policies, your home is covered for any peril except those specifically excluded.
Can I purchase business insurance in Bakersfield?
Yes, you can purchase commercial insurance from various insurance carriers in Bakersfield. While each company’s policies will include different coverage levels at different costs, every business insurance policy will include basic coverage like unemployment and workers compensation insurance.
Can I bundle my auto insurance and my home insurance in Bakersfield, California?
Yes, and if you’re looking for multiple insurance products like car insurance, home insurance, and even life insurance, bundling your policies can help you save on your premiums. Bundling saves homeowners upwards of 20 percent on their policies, so talk to your insurance agent about how much bundling your home and auto policies can help you save.
Conclusion: How to Find the Cheapest Home Insurance in Bakersfield
Bakersfield is a calm city in the California chaos. Don’t let searching for home insurance disrupt your peace.
Use Insurify to compare home insurance premiums for your property in Bakersfield.
Compare Bakersfield, California Home Insurance Quotes in Two Minutes