Question 1

Do I really need earthquake insurance in Oxnard?

Accepted Answer

Standard homeowners insurance doesn't cover earthquake damage in California, and Oxnard sits in an active seismic zone like all of Southern California. Given that earthquake repairs can easily cost tens or hundreds of thousands of dollars, earthquake insurance through the California Earthquake Authority is worth serious consideration, especially for older homes or those built before modern seismic codes. The average cost is around $739 per year, though your actual premium depends on your home's construction and soil type.

Question 2

Why are home insurance rates increasing in California?

Accepted Answer

California insurers have faced massive losses from wildfires in recent years, combined with rising reinsurance costs (the insurance that insurance companies buy), construction inflation, and stricter building codes that make rebuilds more expensive. Even though Oxnard has lower wildfire risk than many areas, statewide market pressures affect everyone. Premiums are projected to rise 20% or more through 2025, with some carriers requesting increases of 30% or higher.

Question 3

What is the California FAIR Plan and when do I need it?

Accepted Answer

The California FAIR Plan is an insurer-of-last-resort program that provides basic fire coverage when traditional insurance companies won't write a policy for your home. It's not as comprehensive as a standard homeowners policy, so most people pair it with a separate wrap policy that adds liability coverage and protection for other perils like theft or water damage. You typically need it if traditional carriers have declined your application or non-renewed your existing policy.

Question 4

How much does home insurance typically cost in Oxnard?

Accepted Answer

Oxnard homeowners pay an average of around $1,590 per year for home insurance, which is notably lower than the California state average. Some properties may qualify for rates as low as $722 annually, while others pay more depending on the home's value, age, construction type, and coverage limits. Your specific premium depends on your property's characteristics and the insurer you choose.

Question 5

Is wildfire coverage included in my homeowners policy?

Accepted Answer

Yes, standard homeowners insurance policies in California include coverage for wildfire damage—it's part of your basic dwelling coverage. However, some properties in high-risk areas may have difficulty finding traditional coverage, which is why the California FAIR Plan exists as a backup option. Oxnard's valley floor location generally makes it easier to find traditional coverage compared to hillside communities, though underwriting is increasingly address-specific.

Question 6

Can I buy earthquake insurance separately from my homeowners policy?

Accepted Answer

You can't buy earthquake insurance independently from a homeowners policy in California. You must purchase it through the same insurance company that provides your homeowners coverage, and they're required to offer it to you every two years. Most earthquake insurance in California is provided through the California Earthquake Authority (CEA), though you buy it via member insurance companies rather than directly from CEA.

Insurance Agents in Oxnard, California (CA)

Insurance agencies serving Oxnard

Barkley Risk Management & Insurance

Bucio Insurance

Insurance Agents in Oxnard, California (CA)

Insurance agencies serving Oxnard

Barkley Risk Management & Insurance

Bucio Insurance

Ceja Insurance Agency

Coast General Insurance Brokers

Smart Buy Insurance Center

Insurance Guides for Oxnard

Home Insurance in Oxnard, California

Frequently asked questions