Updated: November 27, 2024
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In Thousand Oaks, California, Farmers is the best and cheapest home insurance company overall. However, if customer service is your priority, Chubb is the top option.
These companies cater to different needs, so choose a provider based on what matters to you, like cost, customer service or coverage options.
Best HomeInsuranceThousand OaksTable of Contents
Why Trust MoneyGeek? We used data from the California Department of Insurance and Quadrant Information Services to find the best homeowners insurance in Thousand Oaks.
Home insurance premiums in Thousand Oaks represent the most competitive rates as of September 2024.
Farmers is the best home insurance option for 100K dwelling coverage in Thousand Oaks, CA, with a MoneyGeek score of 85 out of 100.
Home insurance companies in Thousand Oaks have scores ranging from 48 to 85, according to MoneyGeek's scoring system. Scores vary based on factors like credit history and home age.
| Farmers | 85 | $282 |
| Chubb | 82 | $644 |
| Travelers | 81 | $477 |
| Allstate | 78 | $390 |
| Nationwide | 72 | $668 |
| State Farm | 55 | $1,057 |
| Capital Insurance Group | 48 | $753 |
Farmers is the best home insurance company in Thousand Oaks, CA, for $100K dwelling coverage due to its affordability and high customer satisfaction. The overall top providers are:
When choosing insurance, consider both cost and service. While price is important, customer service and claims processing are essential for a positive claim experience.
Farmers is the best overall company with high scores in affordability and customer satisfaction. It offers comprehensive home insurance coverage, including back-up of sewer or drain and matching siding coverage. You can save with discounts like the non-smoker discount, which applies if no one in your home has smoked in two years, and the affinity discount for members of certain groups.
Farmers provides useful coverages like guaranteed replacement cost, which helps cover extra repair costs if construction prices rise. The cyber event coverage reimburses costs for identity restoration. The waiver of deductible for glass means you won't pay a deductible if glass breaks accidentally.
Chubb offers the best customer service in home insurance for $100K dwelling coverage in Thousand Oaks, CA. The top providers in this category are:
Chubb stands out for its high customer satisfaction, providing reliable support and assistance when needed. Excellent service in home insurance means providing quick, helpful and friendly support to policyholders.
Chubb scores highly on MoneyGeek for its strong customer satisfaction and coverages. It provides comprehensive home insurance, including guaranteed replacement cost, which covers rebuilding costs beyond your policy limit, and building ordinance coverage to meet updated codes. Cash settlement offers a payout option if you choose not to rebuild after a total loss.
You can save with discounts like new home (for properties seven or 10 years or less) and home renovation (for renovations within the last six years).
Farmers is the best cheap home insurance company for $100K dwelling coverage in Thousand Oaks, CA. The top budget-friendly providers for this coverage amount are:
Opting for cheap home insurance often means reduced coverage, which can save money but might not suffice in case of mishaps. If saving on premiums is your goal, explore the cheapest homeowner insurance companies.
The best cheap providers, like Farmers, balance affordability with quality service, unlike the most affordable options that may focus solely on price.
Farmers is the best cheap company, with a high MoneyGeek score for affordability. If no one in your home has smoked for two years, you can save with the nonsmoker discount. The affinity discount is available for certain group members.
It offers valuable coverages, such as scheduled personal property to protect your belongings and backup of sewer or drain to help with water damage repairs.
MoneyGeek’s home insurance calculator will give you a ballpark estimate of your cost — it’s free, no personal information required, no spam.
Rates updated:
Dec 24, 2024
Many factors affect homeowners insurance in Thousand Oaks, including location. Comparing rates is critical to saving money, but it may take over an hour with 15 minutes spent on each company for at least three comparisons. Use MoneyGeek's home insurance calculator to save time. Enter age, dwelling coverage, credit score, deductible, liability coverage and other factors for an instant estimate.
Farmers offers the lowest home insurance rates in Thousand Oaks, CA. Here are the cheapest overall providers:
The primary factor affecting home insurance costs is the dwelling coverage you select. Farmers is the cheapest option for $100K and $250K dwelling coverages, with high ratings for customer support. For $500K coverage, Allstate offers the lowest premium while maintaining good customer satisfaction.
Choosing a policy with the cheapest homeowners insurance in California can help you manage your budget effectively.
| Farmers | $282 |
| Allstate | $390 |
| Travelers | $477 |
| Chubb | $644 |
| Nationwide | $668 |
| Capital Insurance Group | $753 |
| State Farm | $1,057 |
Allstate is the cheapest option for high-value home insurance in Thousand Oaks, CA. High dwelling coverage is required for homes that cost more to replace, raising home insurance costs.
Allstate is also highly regarded for its overall performance, making it a solid choice for residents seeking affordability without compromising on service.
| Allstate | $2,175 |
| Travelers | $2,537 |
| Farmers | $2,758 |
| Capital Insurance Group | $3,155 |
| Nationwide | $3,345 |
| Chubb | $3,686 |
| State Farm | $5,127 |
Farmers offers the cheapest insurance for new homes in Thousand Oaks, CA.
While Farmers is the most affordable, it may not rank highest on other criteria compared to competitors. Ensure you're adequately covered for any unforeseen events affecting your home.
| Farmers | $135 |
| Travelers | $252 |
| Allstate | $279 |
| Nationwide | $281 |
| Capital Insurance Group | $490 |
| Chubb | $524 |
| State Farm | $528 |
The best cheap homeowners insurance providers balance quality and cost, offering excellent customer service and coverage at affordable premiums. The best option for you depends on your needs. Consider factors like coverage, customer service and deductibles.
Follow these steps to find the best cheap home insurance:
To determine how much home insurance coverage you need, consider the specifics of your home, including rebuilding costs, personal property value and liability needs.
Look into insurance companies in Thousand Oaks, CA. Seek those with solid financial stability, positive customer reviews and a history of quality service.
After identifying your coverage needs, compare home insurance quotes. In Thousand Oaks, CA, average annual premiums for $100K dwelling coverage range from $282 with Farmers to $1,057 with State Farm.
Inquire with each provider about potential discounts, such as for bundling policies, installing safety features or maintaining a claims-free record.
Opting for a higher home insurance deductible can reduce your premium, but ensure it's an amount you can afford to pay if needed.
Enhancing your home's security with systems and sturdy locks can lower its risk profile and potentially decrease insurance costs.
Sustain a healthy credit score, as it can influence your insurance rates. Pay bills punctually and minimize outstanding debt.
Consider combining your homeowners insurance with other policies like auto insurance to access discounts and savings.
The best cheap home insurance provider depends on your coverage needs and budget. Get answers to common questions about the best affordable insurance rates in Thousand Oaks, CA.
The average annual home insurance cost in Thousand Oaks, California, is $481.
The cheapest home insurance company in Thousand Oaks, California, is Farmers, with an average annual premium of $282.
Farmers provides the best home insurance in California for Thousand Oaks residents, with a MoneyGeek score of 85 out of 100.
About Mark Fitzpatrick
Mark Fitzpatrick is a Licensed Property and Casualty Insurance Producer and MoneyGeek's Head of Insurance. He has analyzed the insurance market for over five years, conducting original research and creating personalized content for every kind of buyer. He has been quoted in several insurance-related publications, including CNBC, NBC News and Mashable.
Fitzpatrick earned a master’s degree in economics and international relations from Johns Hopkins University and a bachelor’s degree from Boston College. He is passionate about using his knowledge of economics and insurance to bring transparency around financial topics and help others feel confident in their money moves.
