Popular Questions about Homeowners Insurance in Oregon

On average, homeowners in America pay $1,211 per year for their home insurance coverage. However, in Oregon, the average annual premium is a much lower at just $643 a year. This makes Oregon one of the least expensive states for homeowners insurance.  

Home insurance coverage is vitally important because hazards like severe weather, accidental fires, and property crimes in this state can cause expensive losses to property owners who are not insured.

Your home insurance gives you peace of mind knowing that your finances are protected if a disaster strikes in your neighborhood. Whether it's a fire, windstorm, or a rash of burglaries, you can rest assured knowing that you’re covered when you have a suitable Oregon homeowners insurance policy. 

Let’s look at a few things your homeowners insurance does for you:

  • Pays to repair or replace your home and your belongings
    • Example: A fallen tree causes significant damage to your roof and siding, and each need to be replaced.
  • Pays for someone else's injuries or property damage when it's your fault
    • Example: Your child and his friends are playing unsupervised on the trampoline in your backyard, and one friend falls to the ground and suffers a serious head injury.
  • Pays for temporary living expenses when your home is damaged
    • Example:  Damage from a out-of-control kitchen fire makes your house unsafe to inhabit until it can be brought to code. You need to stay in a hotel while structural repairs are made.

We can’t be 100% certain, but in 2016, insurance companies paid out more than $360 million in home insurance claims in Oregon alone. That's a lot of unfortunate events happening to homeowners in the Beaver State!

Insurance companies calculate home insurance costs based on the value of your property and the chances that something bad might happen to it. The more likely it is that a damaging event can happen to your house and property, the more expensive your home insurance policy will be.

We call these potential risks “exposures.” Let’s take a look at how risky Oregon is compared to the rest of the country.


The burglary rate in Oregon is lower than the national average, and this helps to keep rates affordable in this state. Of course, some areas of the state have higher crime rates than others, and anyone can be the victim of a property crime, so it is important to protect your home and valuables.

  • Average number of burglaries per 1,000 homes in OR: 4.12
  • Average number of burglaries per 1,000 homes in the US: 3.76

In many cases, installing a burglar alarm in your home can earn you a discount on your home insurance premiums. Learn more about this and other potential discounts by talking with a local independent insurance agent.


Severe weather, including major storms and heavy winds, can damage residential properties. Be sure that your home insurance provides all the coverage you need before disaster strikes.

  • Number of federally declared disasters since 1953: 73
  • Most common cause of disasters in the state: Wildfires, floods, and severe storms
  • Average number of tornados per year in the state: 2.8
  • Amount paid in home insurance claims in 2016: $361,213,000

Oregon residents have a relatively low risk of facing property damage due to severe weather. This is one of the reasons that rates for coverage are so affordable in this state.

Home Values:

The estimated cost to rebuild your home will play a large role in how much your home insurance costs. In Oregon, the average home value is much higher than the national average.

  • Average home value in OR: $319,200
  • Average home value in the US: $188,900

While home prices in Oregon are much higher than average, the houses in this state are on par with the size of the average American home. The size of your house plays a large role in how much your insurance costs since larger homes typically need more in the way of contents coverage.

There is no such thing as a homeowners insurance company that is “best” for everyone. While one property owner may get the best coverage and price from one company, their neighbor may find the best value with another provider.

That is why independent agents compare policies and rates from multiple top-rated insurance companies as they search for the policy that is best able to meet your coverage and budgetary needs.

Yes! There are currently 226 independent agencies in Oregon who are ready to help.

Contact an insurance agent near you to discover the many benefits of working with an experienced independent insurance professional.

How does home insurance work?

Find the Best Insurance in Your City

How does your city measure up to the national average?

National average burglary rate 4.69 per 1,000 homes

National average home value $188,900

National average home insurance cost $1,173 year

CityAvg. home valueBurglaries / 1,000 homesAnnual insurance cost
Grants Pass$315,0003.78$666
Lake Oswego$793,7912.91$1,568
  1. $104
  2. Portland, OR Monthly average home insurance cost
  3. The average monthly cost of home insurance in Portland is $104.
  4. Of course, what you may actually be expected to pay can differ significantly from this average price. This is because costs are based on the value of your property and the specific risks associated with it. Some of the many factors that can influence your premium amount include the age and size of your house, the crime rate and weather risks in your ZIP code, the age of your roof, and your claims history. 
  5. With more than 4,000 burglaries reported every year, Portland has one of the highest property crime rates in the state. It is therefore important that you take precautions like using deadbolt locks and home security systems to help protect your property. Of course, nothing is 100 percent foolproof against a determined criminal, so it’s a good thing that your homeowners insurance can compensate you for your losses if a burglar targets your home.
  6. If you are the victim of a property crime, your local independent agent can provide assistance throughout the entire claims process if needed.

  1. $59
  2. Salem, OR Monthly average home insurance cost
  3. The average monthly cost of home insurance in Salem is $59.
  4. Home insurance rates in can vary from one homeowner to the next. This is especially true in a large city like Salem with its many different neighborhoods and varying property values. Your rate will be based on factors like the size, cost, and location of your home; the age of your roof; the materials used in your home’s construction, and sometimes even your credit score.
  5. Some of the most expensive hazards faced by homeowners in Salem are floods, landslides, and mudslides. Unfortunately, none of these risks is covered by a standard homeowners insurance policy. To be fully covered, you will need to supplement your coverage with a flood insurance policy through the NFIP and either a landslide endorsement or a separate policy through another provider.
  6. Local independent insurance agents will be aware of this risk and can provide you with guidance in finding the right policies to fully cover your property.

  1. $67
  2. Eugene, OR Monthly average home insurance cost
  3. The average monthly cost of home insurance in Eugene is $67.
  4. Your homeowners insurance is completely customized to the value of your home and property as well as other considerations like weather risks and crime rates in your neighborhood. You can therefore expect that your monthly premium may be greater or lower than this average.
  5. The risk of earthquakes in Eugene is 383 percent greater than the national average. For example, in 1991, a magnitude 6.9 quake occurred just 185 miles from the Eugene city center, and in 1992, a magnitude 7.2 occurred 261 miles away. This second quake was responsible for approximately $75 million worth of damage. As a resident of Eugene, it is important to be aware that homeowners insurance does not cover earthquake damage. For that, you will need a separate earthquake insurance policy.
  6. Consult a local independent insurance agent for more information about supplementing your home insurance policy with earthquake insurance so that you are fully covered.

  1. $70
  2. Gresham, OR Monthly average home insurance cost
  3. The average monthly cost of home insurance in Gresham is $70.
  4. Your house is likely not the same as your neighbor’s. While everyone in your neighborhood may have the same crime and weather risks influencing their rates, your homeowners insurance costs are also based on factors like the size, age, and value of your home, the age of your roof, your claims history, and potentially even your credit score. Your monthly rate for Gresham homeowners insurance may therefore be higher or lower than this average.
  5. One of the biggest risks faced by Gresham homeowners is winter storms. One of the worst on record occurred in January of 1943 when a storm dumped a whopping 19.2 inches of snow in the area. Heavy snowfalls like this can lead to extended power outages, destroy roofs, and cause ice dams, which can lead to expensive damages to shingles, eaves, soffits, fascia, and gutters. Fortunately, if this happens to you, you can turn to your home insurance provider for help covering the costs.
  6. Find an independent insurance agent near you to learn more about the many ways that a Gresham homeowners insurance policy can protect the investment you have made in your house.

  1. $77
  2. Hillsboro, OR Monthly average home insurance cost
  3. The average monthly cost of home insurance in Hillsboro is $77.
  4. Not all Hillsboro homeowners will pay the same for home insurance. Your monthly rate is based on several considerations such as the crime rate in your ZIP code, the size of your home, the building materials used in your home’s construction, your claims history, the amount of your deductible, and more.
  5. Residential fires pose one of the most devastating risks to homeowners. In addition to severely damaging your house, a fire can lead to a complete loss of your personal belongings including your clothes, furniture, electronics, and jewelry. That is why it is important that your structural coverage is high enough to enable you to rebuild your home and that you have sufficient contents coverage to let you replace your lost or damaged property without enduring a large financial loss.
  6. A local independent insurance agent can help you make sure that the coverage levels in your Hillsboro homeowners insurance policy are high enough to enable you to financially recover in the event of a total loss due to a fire.