Home Insurance in Thousand Oaks, California
Homes in Thousand Oaks carry a median value of $991,600 - 21% higher than the Ventura County median.
Older homes can cost more to insure or rebuild because of aging wiring, roofing and plumbing. The typical home in Thousand Oaks was built around 1978. About 4% of homes were built before 1960, about 10 points below Ventura County's 15%.
The housing stock in Thousand Oaks is 78% single-family homes, 16% apartments in buildings with 5+ units and 2% mobile or manufactured homes.
About 71% of owner-occupied homes in Thousand Oaks have a mortgage. Lenders require hazard (homeowners) insurance on any home carrying a mortgage.
The vacancy rate is 3%; vacant or unoccupied homes typically need a different coverage form than an owner-occupied policy. About 71% of occupied homes in Thousand Oaks are owner-occupied.
73% of homes in Thousand Oaks are primarily heated with natural gas.
Ventura County's top FEMA-rated hazard is wildfire (Relatively High), per FEMA's National Risk Index. Ventura County had 4,478 active NFIP flood policies as of September 2026. See the full Ventura County home insurance overview for all FEMA hazard ratings and flood coverage details.
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 | $991,600 |
|---|---|
| Median year built | 1978 |
| Owner-occupied share | 71% |
| Share of owner-occupied homes with a mortgage | 71% |
| Top county hazard | Wildfire (Relatively High) |
| Active NFIP policies in Ventura County | 4,478 |
| Home insurance premium | $1,655 - statewide average (NAIC, 2023 data) |
Nearby towns
- Westlake Village
- Agoura Hills
- Camarillo
- Calabasas
- Malibu
- Port Hueneme
- Oxnard
- San Buenaventura (Ventura)
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)