Updated: August 14, 2026
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Oregon homeowners pay an average of $94 a month or $1,124 a year, ranking as the 48th most expensive state for home insurance nationwide.
Determine your coverage needs, gather multiple quotes and research providers to find the best home insurance in Oregon for your situation.
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Oregon's average home insurance premium costs $94 monthly or $1,124 annually. That's $195 less per month than the national average, making Oregon the 48th most expensive state for home insurance coverage.
Our free Oregon home insurance calculator pulls from MoneyGeek's rate data to estimate your costs by zip code.
| Oregon | $1,124 | $3,467 | -68% |
*These rates are for a frame construction home built in 2000 with $250,000 dwelling, $125,000 personal property, $200,000 liability coverage and a $1,000 deductible.
MoneyGeek’s home insurance calculator will give you a ballpark estimate of your cost — It's free to use, requires no personal information and we won't send you any spam.
Rates updated:
Aug 14, 2026
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Home insurance costs in Oregon vary based on multiple factors. Your location, coverage limits, home construction type, insurance company, credit score and claims history all influence your premium. Each of these elements plays a distinct role in determining what you'll pay for coverage.
Your choice of insurance company creates the largest cost variation in Oregon home insurance. Annual premiums range from $833 to $1,454 for identical coverage. Capital and USAA deliver the most affordable options at $833 and $882 respectively, while carriers like State Farm, Mutual of Enumclaw and COUNTRY Financial charge $1,200 or more annually.
| Capital Insurance Group | $69 | $833 |
| USAA | $74 | $882 |
| American Family | $91 | $1,092 |
| Nationwide | $93 | $1,114 |
| Allstate | $94 | $1,124 |
| Farmers | $94 | $1,131 |
| State Farm | $100 | $1,202 |
| Mutual of Enumclaw | $107 | $1,284 |
| COUNTRY Financial | $121 | $1,454 |
Home insurance costs vary by $323 annually across Oregon cities. Hillsboro offers the lowest rates at $1,051 per year, while Union sees the highest at $1,374 annually. Remote locations pay higher premiums because of limited access to fire protection and repair services.
| Eugene | $90 | $1,078 |
| Gresham | $93 | $1,114 |
| Heppner | $108 | $1,290 |
| Hillsboro | $88 | $1,051 |
| Portland | $91 | $1,087 |
| Salem | $93 | $1,119 |
| Union | $114 | $1,374 |
Oregon homeowners pay between $732 and $3,296 annually for home insurance, depending on their coverage choices. Higher coverage limits and lower deductibles push premiums up, while selecting lower coverage amounts and higher deductibles brings costs down.
| $100K Dwelling / $50K Personal Property / $100K Liability | $61 | $732 |
| $250K Dwelling / $125K Personal Property / $200K Liability | $94 | $1,124 |
| $500K Dwelling / $250K Personal Property / $300K Liability | $153 | $1,836 |
| $750K Dwelling / $375K Personal Property / $500K Liability | $210 | $2,525 |
| $1MM Dwelling / $500K Personal Property / $1MM Liability | $275 | $3,296 |
Oregon homeowners with poor credit pay three times more than those with excellent scores. Annual premiums range from $683 for excellent credit to $2,057 for poor credit. Moving from below-fair to good credit saves approximately $189 annually, while jumping from poor to excellent credit cuts costs by 67%.
| Excellent | $57 | $683 |
| Good | $94 | $1,124 |
| Below Fair | $109 | $1,313 |
| Poor | $171 | $2,057 |
Oregon insurers adjust premiums based on construction year. Annual costs increase from $856 for newer homes to $1,166 for older properties. Aging homes present higher risks due to outdated wiring, plumbing vulnerabilities and roof deterioration. The $310 annual difference reflects increased claim likelihood as building components age beyond their expected lifespan.
| Newer | $71 | $856 |
| Middle Age | $94 | $1,124 |
| Older | $97 | $1,166 |
Oregon homeowners pay $1,124 annually on average, 68% less than the $3,467 national average. The state's geography, climate and housing market combine to create this affordability advantage.
Oregon gets fewer hurricanes, tornadoes and earthquakes than states with higher premiums. While wildfire risk exists in certain regions, most Oregon homes sit outside high-risk wildfire zones. The state's coastal areas avoid the severe hurricane damage that drives up premiums in Gulf Coast and Atlantic states. According to the National Oceanic and Atmospheric Administration, Oregon only experiences an average of 0.9 events per year.
Oregon enforces rigorous building codes that reduce damage from weather events and structural failures. The state adopted the 2021 International Residential Code with Oregon-specific amendments addressing seismic safety and energy efficiency. Homes built to modern standards withstand storms and other hazards better than older construction, reducing claim severity and frequency.
Outside Portland's metro area, Oregon property values remain below coastal California or major metropolitan markets. Lower home values mean lower replacement costs, directly reducing insurance premiums. Rural Oregon communities and mid-sized cities offer affordable housing that requires less coverage, translating to lower annual premiums for homeowners.
Oregon homeowners pay rising insurance costs that strain budgets. Finding affordable coverage requires smart strategies to reduce premiums on your current policy or when buying a home. Use these proven methods to secure the cheapest home insurance in Oregon.
Base your replacement cost estimate on today's construction prices, not market value, then document your belongings for accurate personal property coverage. Regional weather patterns push Portland homeowners toward water backup coverage. Remote rebuilding costs and premium contractor rates push rural Oregon homeowners toward higher replacement cost limits.
MoneyGeek's Oregon home insurance calculator gives you a baseline price for your location, home age and size. Ask every insurer for its full discount list when you request quotes: security systems, newer construction, a claim-free record and devices like smoke detectors all qualify. Newer construction and security-conscious neighborhoods often stack multiple discounts for Eugene homeowners.
Price is one factor among several. Pull quotes from at least three insurers, then check customer satisfaction ratings, claims processing speed and financial strength before you decide. A slow claims process or poor service erases whatever a lower premium saved you. Salem homeowners have both national and regional insurers to compare, since the market serves both.
Combining home and auto with one provider cuts costs on both policies and simplifies management. Oregon bundling discounts fall between 10% and 25%. Auto insurance rates cost more in Bend, so residents there see bigger dollar savings from the same bundle discount.
Smoke detectors, security systems and storm shutters lower your premium right away, and a claim-free record keeps it from climbing. Raising your credit from below fair to good saves about 14% on Oregon premiums. Gresham homeowners get the biggest combined savings by improving credit and home security at the same time.
Oregon homeowners insurance costs depend on various factors specific to your property and location. The following FAQs help you understand what affects your rates and estimate potential premiums for your home.
Standard Oregon home insurance policies cover wildfire damage to your dwelling and personal property, paying for repairs or rebuilding after a loss, minus your deductible. In high-risk wildfire zones, insurers may still non-renew a policy or decline new coverage. Homeowners in those zones should confirm their coverage status every year and keep defensible space around the property.
You can save thousands annually by shopping around for home insurance in Oregon. The cheapest provider, Capital, charges just $69 monthly, while Mutual of Enumclaw costs $107 per month for similar coverage. Even mid-tier insurers show notable differences: Nationwide averages $93 monthly compared to Allstate's $94, a $1 monthly difference that adds up over time. Compare quotes from at least three insurers to find the best rate for your situation.
Yes, standard home insurance policies in Oregon often cover tornado damage. Your dwelling coverage protects the main structure of your home from wind damage caused by tornadoes. This includes damage to your roof, siding, windows and doors.
Your policy also covers other structures on your property, like detached garages, sheds and fences that get damaged by tornado winds. Personal property coverage helps replace belongings inside your home that are damaged or destroyed.
Keep in mind that you'll need to pay your deductible before your insurance coverage begins. The amount depends on your specific policy terms. Some insurers may have separate wind deductibles that are higher than your standard deductible.
While tornadoes are less common in Oregon than in other states, having this coverage gives you financial protection if severe weather strikes your area.
Roof replacement delivers the largest insurance savings in Oregon, particularly when upgrading from composition shingles to impact-resistant materials. Installing a monitored security system saves 10-15% on annual premiums. Upgrading electrical panels, replacing old plumbing and adding storm shutters also reduce rates. Contact your insurer before making improvements to confirm which upgrades qualify for discounts and document all work with receipts and permits.
You can lower your Oregon home insurance costs using several effective strategies. Shopping around is important since rates can vary by thousands of dollars between insurers for identical coverage in Oregon. Maintaining a claim-free record saves you $179 annually compared to filing one claim and $329 versus filing two claims over five years.
Raising your deductible from $500 to $1,000 cuts your premium by $82 each year. While you'll pay more upfront when filing a claim, these annual savings accumulate over time. Ask insurers about available discounts for bundling policies, installing security systems or owning a newer home. Even small discounts can meaningfully reduce your annual premium costs.
MoneyGeek calculated Oregon home insurance estimates using real rate data from major insurers. We created a standard profile that represents typical homeowners across the state.
Our baseline profile includes $250,000 in dwelling coverage, $125,000 in personal property coverage, $200,000 in liability coverage and a $1,000 deductible. The home model assumes frame construction with a composition roof, built in 2000 and no insurance claims filed in the past five years.
We selected these specifications because they match common characteristics of Oregon homeowners. The $250,000 dwelling amount aligns with median home values in many Oregon markets. Homes built in 2000 represent the middle-aged properties that make up a large portion of the state's housing stock.
Our analysis method involved changing one factor at a time while keeping all other variables the same. For example, when studying how home age affects rates, we compared identical policies for homes built in 1980, 2000 and 2020. This approach shows the true impact each factor has on your premium.
Your actual rates will be different depending on your specific home features, location, coverage choices, claims history, credit score and the insurer you select.
Mark Fitzpatrick, a licensed Property and Casualty (P&C) Insurance Producer in Connecticut, is MoneyGeek's resident expert in insurance and economics. He has spent nearly a decade covering the market, first at LendingTree and now at MoneyGeek, where he analyzes hundreds of carriers and millions of rates across auto, home, renters, health and life insurance.
His work has appeared in The Washington Post, The New York Times and NPR. He draws on independent cost and consumer experience data, and no insurance company partnerships affect his recommendations.
Mark studied at Boston College before earning a master's in economics and international relations from Johns Hopkins University. Before MoneyGeek, he worked in financial risk management at State Street. He's also a five-time “Jeopardy!” champion.
