Home Insurance in Oak Harbor, Washington
With a median home value of $461,200, Oak Harbor is 22% lower than the Island County median.
Older homes can cost more to insure or rebuild because of aging wiring, roofing and plumbing. The typical home in Oak Harbor was built around 1990. About 12% of homes were built before 1960, in line with Island County (12%).
Mobile and manufactured homes typically need a manufactured-home (HO-7) policy rather than a standard homeowners policy. The housing stock in Oak Harbor is 59% single-family homes, 20% apartments in buildings with 5+ units and 5% mobile or manufactured homes. The rest are 2-4 unit or other housing types.
In Oak Harbor, about 69% of owner-occupied homes have a mortgage - lenders require hazard insurance on every mortgaged home.
Oak Harbor has an owner-occupancy rate of 47% and a vacancy rate of 9%; unoccupied homes typically need a different coverage form.
Most homes in Oak Harbor - 52% - are primarily heated with electricity.
Island County had 965 active NFIP flood policies as of September 2026. Its top FEMA-rated hazard is earthquake (Relatively Moderate). See the full Island 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 Washington is $1,232 per year, according to the NAIC homeowners insurance report (2023 data).
Key figures
| Median home value | $461,200 |
|---|---|
| Median year built | 1990 |
| Owner-occupied share | 47% |
| Share of owner-occupied homes with a mortgage | 69% |
| Top county hazard | Earthquake (Relatively Moderate) |
| Active NFIP policies in Island County | 965 |
| Home insurance premium | $1,232 - 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)