Updated: December 24, 2024
Advertising & Editorial Disclosure
Protective is the best life insurance provider in BAkersfield, California, for both men and women. With a MoneyGeek score of 91 for women and 92 for men, it offers competitive rates with a monthly premium of $22 for women and $29 for men. These scores and premium costs are based on a 20-year term policy with $500,000 coverage.
When deciding on life insurance, consider various factors such as your age, health and financial goals. Your unique needs may mean a different company is best for you.'
Why Trust MoneyGeek? We analyzed 1,488 life insurance quotes alongside customer satisfaction, financial stability reports, product offerings and more to determine the best life insurance companies in Bakersfield, California.
Coverage costs and company information for life insurance providers were updated in September 2024.
BestLife InsuranceBakersfield, CABest Life Insurance Companies in Bakersfield
How was this MoneyGeek score calculated?
MoneyGeek used the following weights to score and rank the overall best life insurance companies:
This was done using the average profile with a 20-year term policy and $500K coverage.
Protective offers the best life insurance in Bakersfield for both men and women, with a MoneyGeek score of 92 and a monthly premium of $29 for men and a score of 91 with a monthly premium of $22 for women.
Top providers for men:
Top providers for women:
Protective stands out due to its competitive monthly premiums, making it a reliable and cost-effective choice for those looking to purchase life insurance in Bakersfield.
Protective stands out as the best life insurance provider in Bakersfield for both men and women, offering a balance of affordability and customer satisfaction. With a MoneyGeek score of 92 for men and 91 for women, Protective provides life insurance at a monthly premium of $29 and $22, respectively.
Pros:
Cons:
How was this MoneyGeek score calculated?
MoneyGeek used the following weights to score and rank the best term life insurance companies:
Quotes gathered were for a $250K life insurance policy with a 10-year term.
Protective is the best term life insurance provider in Bakersfield for both men and women, with a MoneyGeek score of 92 and a monthly premium of $15 for men and $12 for women. The high score reflects Protective's strong performance across affordability, customer satisfaction, buying process, financial stability, and product diversity.
The top two term life insurance companies for men are:
For women, the top two are:
Term life insurance offers coverage for a specified period, providing a death benefit if the insured passes away during the term. It is often chosen over permanent life insurance for its affordability and simplicity. For instance, a parent might opt for term life insurance to ensure their child's educational expenses are covered until graduation.
Protective stands out as the premier choice for term life insurance in Bakersfield for men and women, with a MoneyGeek score of 92 each. With a monthly premium of $15 and $12, respectively, it offers a balance of cost and quality service.
Pros:
Cons:
How was this MoneyGeek score calculated?
MoneyGeek used the following weights to score and rank the best whole life insurance companies:
We did not weigh affordability as we did not collect whole life insurance quotes. The company below has the highest score among the companies that offer whole life insurance policies based on a 20-year term at $500K coverage.
In Bakersfield, Protective stands out as the provider of the best whole life insurance for both men and women, with a MoneyGeek score of 92. This score reflects the company's commitment to affordability, customer satisfaction, and financial stability, making it a solid choice for individuals seeking a reliable life insurance policy.
Whole life insurance provides lifelong coverage and includes an investment component that can grow over time. Someone might choose whole life insurance to ensure their family's financial stability while also building cash value that can be borrowed against in the future.
Protective is the leading provider of whole life insurance in Bakersfield for both men and women, with a MoneyGeek score of 92. This score reflects the company's commitment to excellent service.
Pros:
Cons:
Ensure you're getting the best rate for your life insurance. Compare quotes from top providers to find the most affordable life insurance coverage for your needs.
How was this MoneyGeek score calculated?
MoneyGeek used the following weights to score and rank the best universal life insurance companies:
We did not weigh affordability as we did not collect universal life insurance quotes. The company below has the highest score among the companies that offer universal life insurance policies, over a 10-year term for $250K coverage.
Protective is the best universal life insurance provider in Bakersfield, with a MoneyGeek score of 91 for both men and women. Here are the top performers for universal life insurance in Bakersfield:
Universal life insurance offers a flexible premium and death benefit, along with the potential to build cash value over time. For instance, someone who wants the ability to adjust their premiums and coverage as their financial situation changes might opt for universal life insurance over more rigid policies.
Protective is the premier choice for universal life insurance in Bakersfield, catering to both men and women. With an impressive MoneyGeek score of 91 for both genders, Protective ensures a reliable and satisfactory insurance experience. Customers can expect a blend of affordability and quality service from this top-rated provider.
Pros:
Cons:
How was this MoneyGeek score calculated?
MoneyGeek used the following weights to score and rank the best life insurance companies that don't require a medical exam:
We did not weigh affordability as we did not collect any insurance quotes for this category. The company below has the highest score among the companies that offer life insurance policies without mandatory medical exams, for a 10-year term with $250K coverage if the insuree was in poor health.
In Bakersfield, Protective offers the best life insurance without the hassle of a mandatory medical exam for both men and women, with a MoneyGeek score of 91.
Life insurance without a medical exam allows individuals to obtain coverage quickly and without the need for a medical checkup. This can be particularly beneficial for those with health concerns or who require immediate coverage. For instance, someone with a chronic condition might opt for no-medical-exam insurance to avoid the possibility of being denied coverage or facing higher premiums.
Protective stands out for its commitment to customer satisfaction and affordable premiums for both men and women needing life insurance. This company simplifies the search for reliable life insurance without the need for a medical exam.
Pros:
Cons:
How was this MoneyGeek score calculated?
MoneyGeek used the following weights to score and rank the best term life insurance companies for seniors:
We derived quotes using a $250K life insurance policy with a 10-year term and adjusted the sample buyer's age to 70.
In Bakersfield, Protective stands out as the provider of the best term life insurance for seniors, with the highest MoneyGeek score for both men (91) and women (90). Men can expect a monthly premium of $70, while women's premiums are $56.
Age influences life insurance premiums, with costs typically increasing as policyholders age. Protective's top scores reflect their strong customer satisfaction, financial stability and product diversity.
| 1 | Protective | $70 | 91 |
| 2 | Mutual of Omaha | $78 | 91 |
| 3 | Nationwide | $66 | 90 |
| 4 | Allstate | $63 | 89 |
| 5 | Transamerica | $64 | 88 |
| 6 | AAA | $88 | 88 |
| 7 | Prudential | $67 | 87 |
| 8 | State Farm | $103 | 86 |
| 9 | Haven | $138 | 82 |
How was this MoneyGeek score calculated?
MoneyGeek used the following weights to score and rank the best term life insurance companies for people who smoke:
We collected quotes using a $250K life insurance policy with a 10-year term and adjusted the sample buyer to reflect an active smoker.
In Bakersfield, Mutual of Omaha stands out for those seeking the best term life insurance for smokers, with a MoneyGeek score of 91 and an average monthly premium of $75 for men and a MoneyGeek score of 89 and monthly premium of $67 for women.
Smoking significantly affects life insurance premiums due to the health risks it poses, often leading to higher rates for smokers than nonsmokers. Mutual of Omaha and Allstate's top scores reflect their commitment to providing valuable coverage at competitive prices, making them strong contenders for reliable term life insurance.
| 1 | Mutual of Omaha | $75 | 90 |
| 2 | Nationwide | $72 | 89 |
| 3 | AAA | $78 | 88 |
| 4 | Prudential | $59 | 88 |
| 5 | Transamerica | $70 | 87 |
| 6 | Protective | $122 | 87 |
| 7 | Haven | $75 | 86 |
| 8 | State Farm | $106 | 84 |
| 9 | Allstate | $104 | 84 |
How was this MoneyGeek score calculated?
MoneyGeek used the following weights to score and rank the best term life insurance companies for young adults:
We collected quotes using a $250K life insurance policy with a 10-year term for a 20-year-old buyer.
In Bakersfield, the best term life insurance for young adults is offered by Protective, with a MoneyGeek score of 92 and monthly premiums of $7 for women and $9 for men.
Age significantly impacts life insurance premiums, with younger individuals typically paying lower rates. Protective's high MoneyGeek score reflects its affordability, customer satisfaction, and financial stability, making it a top choice for young adults seeking term life insurance in Bakersfield.
| 1 | Protective | $9 | 92 |
| 2 | Mutual of Omaha | $11 | 91 |
| 3 | Nationwide | $11 | 90 |
| 4 | Allstate | $9 | 89 |
| 5 | Transamerica | $9 | 88 |
| 6 | AAA | $12 | 88 |
| 7 | Prudential | $13 | 85 |
| 8 | State Farm | $16 | 85 |
| 9 | Haven | $14 | 84 |
| 10 | Bestow | $19 | 83 |
How was this MoneyGeek score calculated?
MoneyGeek used the following weights to score and rank the best cheap term life insurance companies:
We adjusted the weighting to favor affordability for a $250K life insurance policy with a 10-year term.
In Bakersfield, Protective offers the best cheap term life insurance for both men and women, with a MoneyGeek score of 92 and monthly premiums of $15 for men and $12 for women.
Various factors influence life insurance premiums, including age, health and coverage amount. To get the lowest premiums, maintain good health, avoid tobacco and choose a shorter term length.
| 1 | Protective | $15 | 92 |
| 2 | Allstate | $15 | 91 |
| 3 | Nationwide | $17 | 91 |
| 4 | Transamerica | $15 | 91 |
| 5 | Mutual of Omaha | $18 | 89 |
| 6 | AAA | $20 | 87 |
| 7 | Prudential | $20 | 85 |
| 8 | State Farm | $26 | 82 |
| 9 | Haven | $25 | 82 |
The average monthly premium for term life insurance in Bakersfield is $20 for women and $28 for men.
Several factors influence the cost of life insurance premiums, including age, health, lifestyle, occupation and the type of policy chosen. These factors can cause significant variations in premiums from person to person.
Additionally, the cost of life insurance in Bakersfield might differ from the rest of California due to local health statistics, economic conditions, and regional risk assessments. Understanding these factors can help individuals make informed decisions when purchasing life insurance.
Protective offers the best life insurance for men in Bakersfield, with a MoneyGeek score of 92 out of 100.
The monthly premium for Protective's best life insurance for men in Bakersfield is $29. This cost is calculated based on a policy for a non-smoking male aged 31 to 40 in excellent health.
Protective provides the best life insurance for women in Bakersfield, with a MoneyGeek score of 91 out of 100.
The monthly premium for Protective's best life insurance for women in Bakersfield is $22. This cost is based on a policy for a non-smoking female aged 31 to 40 in excellent health.
Life insurance in Bakersfield may have unique considerations compared to the rest of California. For example, Protective offers competitive rates and high customer satisfaction in Bakersfield. However, rates and availability of certain policies can vary across different regions within the state.
If a life insurance company goes bankrupt in Bakersfield, policies are typically protected by state guaranty associations. These associations ensure that policyholders receive coverage up to certain limits. It's important to check with the California Life and Health Insurance Guarantee Association for specific details.
Bakersfield residents might need life insurance for various reasons. These include providing financial security for their families, covering outstanding debts, and ensuring that their loved ones are not burdened with final expenses. Life insurance can also be used as a tool for estate planning.
To find a lost life insurance policy in Bakersfield, start by contacting the insurance company directly. If that doesn't work, check with the California Department of Insurance. They may have resources to help locate the policy. Additionally, the National Association of Insurance Commissioners offers a policy locator service.
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.
