Home Insurance in Del Rey Oaks, California
With a median home value of $835,800, Del Rey Oaks is 7% higher than the Monterey County median.
The typical home in Del Rey Oaks was built around 1958. About 60% of homes were built before 1960, about 35 points above Monterey County's 26%. Because older housing stock often has aging wiring, roofing or plumbing, it can cost more to insure or rebuild.
The housing stock in Del Rey Oaks is 88% single-family homes and 10% apartments in buildings with 5+ units.
In Del Rey Oaks, about 71% of owner-occupied homes have a mortgage - lenders require hazard insurance on every mortgaged home.
Del Rey Oaks has an owner-occupancy rate of 76% and a vacancy rate of 8%; unoccupied homes typically need a different coverage form.
80% of homes in Del Rey Oaks are primarily heated with natural gas.
Monterey County's top FEMA-rated hazard is earthquake (Relatively High), per FEMA's National Risk Index. Monterey County had 1,572 active NFIP flood policies as of September 2026. See the full Monterey County home insurance overview for all FEMA hazard ratings and flood coverage details. Earthquake damage is excluded from a standard homeowners policy.
The statewide average premium for a standard HO-3 homeowners policy in California is $1,655 per year, according to the NAIC homeowners insurance report (2023 data).
Key figures
| Median home value | $835,800 |
|---|---|
| Median year built | 1958 |
| Owner-occupied share | 76% |
| Share of owner-occupied homes with a mortgage | 71% |
| Top county hazard | Earthquake (Relatively High) |
| Active NFIP policies in Monterey County | 1,572 |
| Home insurance premium | $1,655 - statewide average (NAIC, 2023 data) |
Nearby towns
Sources
Data last updated: 2026-09-29
- U.S. Census Bureau Gazetteer Files (2024)
- U.S. Census Bureau, American Community Survey 2020-2024 5-Year Estimates (2024)
- FEMA National Risk Index (December 2025)
- FEMA OpenFEMA NFIP Redacted Policies v3 (2026)
- NAIC Dwelling Fire, Homeowners Owner-Occupied, and Homeowners Tenant and Condominium/Cooperative Unit Owners Insurance: Data for 2023 (published 2026) (2023)