With a population of 400,000 and the busiest port in the Bay Area, Oakland is a thriving city. Despite having many options for public transportation, most area commuters still choose their car. This makes it even more important to find all the options for the best cheap car insurance that Oakland has available.
Car Insurance in Oakland
Most sources state that the average auto insurance premium in Oakland is around $1,100 per year. That price can vary wildly however, depending on your age, driving experience, and the vehicle you drive. Because it is an urban area, and part of the larger Bay Area, the rate of uninsured drivers is slightly higher than the state average. There is also an increased risk of traffic collision and vehicle theft.
Knowing the details about your city can help a great deal when searching for the best insurance at the lowest price. Insurance companies rate primarily based on the following factors:
- Years of driving experience
- Marital Status
- Vehicle type/age
- Driving record
Auto Theft Information
Auto theft rates affect your insurance rates the most, as they directly impact insurance companies’ loss ratios. If you live in Oakland you might want to consider purchasing Comprehensive coverage, but expect to pay a higher premium for it than you would in other cities.
If you decide to live in the more urban areas of Oakland, there are still steps you can take to lower your insurance rates. These neighborhoods (like Downtown) have many perks, so don’t rule them out. Access to public transportation, more amenities, lower rents, and proximity to the best of Oakland’s art and culture make Downtown and the surrounding areas highly desirable. To save money on your auto insurance in these areas, consider the following:
- Raise your deductible to the highest you can afford
- Commute using public transportation (lower annual miles means lower rates)
- Bike or walk (Oakland is consider friendly to pedestrian commuters)
- Install an alarm or tracking device on your vehicle for additional premium discounts
The best way to save money on your car insurance is to shop around as frequently as possible. Rates in Oakland are constantly adjusting based on new data, so the price you pay today may not be the lowest tomorrow. So if you’re a resident, or are thinking of moving to Oakland, you know that the number of opportunities will continue to grow. And the more you learn about your city, the better choices you can make when it comes to your car insurance.
Attractions in Oakland -Oakland is home to one of the most breathtaking parks in California and that is the Redwood Regional Park. In the park, it has miles of trails that you can explore. The coolest time to go is when it’s foggy outside. It really gives you that eerie feel which can be cool to some people. What you want to look out for is the 150ft redwood trees. They are beautiful and the size of their trunks make an average car look very small. Some of the wildlife that you will see include, birds, slugs and migrating ladybugs. Another cool thing that Redwood trees offer is some great shade coverage due to their huge size. In the summer, there is a good temperature drop in the forest compared to the city. -A great attraction for you and your family should check out is the Oakland zoo. The zoo offers many different animals you can see. While you are there you can go on a tour of the African Savanna. They also have many great programs for teens and children during the summer who want to learn about many different animals. They list all the information you need to know for different activities on their website.
Rental Prices in Oakland
The average rent for an apartment in Oakland is $2,930, a 6% increase compared to the previous year. Which is a pretty high increase compared to the rest of the cities in California on year-to-year increase in rent prices. The average apartment size in Oakland is 792 square feet which is quite small. 81% of people that rent in Oakland pay $2,000 and up for their apartment or house per month. 45% of people rent their homes and the other percentage of people own them. The thing about northern California is that their housing properties are notoriously high. The most popular neighborhood in Oakland is Oak Tree where the average rent is $1,520. It definitely pays to live in northern California but you definitely know what you are getting into when you are looking in this market.