Portland, OR, Home Insurance
The average monthly cost of home insurance in Portland is $104.
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.
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.
If you are the victim of a property crime, your local independent agent can provide assistance throughout the entire claims process if needed.
Salem, OR, Home Insurance
The average monthly cost of home insurance in Salem is $59.
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.
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.
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.
Eugene, OR, Home Insurance
The average monthly cost of home insurance in Eugene is $67.
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.
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.
Consult a local independent insurance agent for more information about supplementing your home insurance policy with earthquake insurance so that you are fully covered.
Gresham, OR, Home Insurance
The average monthly cost of home insurance in Gresham is $70.
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.
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.
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.
Hillsboro, OR, Home Insurance
The average monthly cost of home insurance in Hillsboro is $77.
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.
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.
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.