Best and Cheapest Home Insurance in Eugene, OR (2024)


In Eugene, Oregon, Nationwide is the best and cheapest home insurance company overall. However, if customer service is your priority, American Family is the top option.

These companies cater to different needs, so choose a provider based on what matters to you, like cost, customer service or coverage options.

MoneyGeek Logo IconBest HomeInsuranceEugene, OR
2024

Table of Contents

Why Trust MoneyGeek? Using data from Oregon's Department of Insurance and Quadrant Information Services, we identify the best homeowners insurance in Eugene.

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In Eugene, home insurance premiums represent the most competitive rates as of September 2024.

1,382,400Quotes Analyzed
 
8Companies Compared

Overview: Best Home Insurance Companies in Eugene, OR

Nationwide is the best home insurance option for 100K dwelling coverage in Eugene, OR, with a MoneyGeek score of 91 out of 100.

Home insurance companies in Eugene have scores ranging from 50 to 91, according to MoneyGeek's scoring system. Scores vary based on factors like credit history and home age.

Data filtered by:Results filtered by:
Category:
Category:Best Overall
Coverages:
Coverages:1 - $100K Dwelling
Nationwide91$501
State Farm87$607
Farmers84$532
American Family84$681
Allstate63$880
Capital Insurance Group63$629
COUNTRY Financial50$1,173

Overall Best Home Insurance in Eugene, OR

Nationwide is the best home insurance company in Eugene, OR, for $100K dwelling coverage because it offers a balance of affordability and high customer satisfaction. The overall top providers are:

  • Nationwide: MoneyGeek score of 91 out of 100 ($501 per year)
  • State Farm: MoneyGeek score of 87 out of 100 ($607 per year)

While cost is important, consider other factors like customer support and claims handling; these are essential when making a claim.

Company logo for Nationwide
Best OverallNationwide
MoneyGeek Score:
91/ of 100

Overview

Nationwide scores high in affordability and coverage, making it a top choice for home insurance. Its comprehensive coverages include cyber event/ID theft and scheduled personal property. Guaranteed replacement cost coverage helps rebuild your home after a loss. Service line coverage financially protects against losses due to damage to underground lines, and equipment breakdown covers repairs for mechanical issues.

Discounts for bundling policies and equipping your home with protective devices like smoke detectors or alarms can help you save money.

Best Home Insurance for Customer Service in Eugene, OR

American Family offers the best customer service in home insurance for $100K dwelling coverage in Eugene, OR. The top providers in this category are:

  • American Family: MoneyGeek score of 87 out of 100 ($681 per year)
  • Nationwide: MoneyGeek score of 83 out of 100 ($501 per year)

American Family excels in customer satisfaction, earning a high MoneyGeek score. It offers reliable service and comprehensive coverage without unnecessary hassle.

Excellent service in home insurance means quick claims processing and friendly support.

Company logo for American Family Insurance
Best for Service QualityAmerican Family Insurance
MoneyGeek Score:
87/ of 100

Overview

American Family scores high on MoneyGeek for customer satisfaction and coverage. Its equipment breakdown coverage protects your appliances from damage, while backup of sewer or drain coverage protects your basement from water damage. Personal property replacement cost coverage ensures you get new items if yours are damaged.

You can save with smart home and bundle discounts. Use eligible devices to qualify for the smart home discount.

Best Cheap Home Insurance in Eugene, OR

Nationwide is the best cheap home insurance company for $100K dwelling coverage in Eugene, OR, due to its strong customer satisfaction and high affordability scores. The top budget-friendly providers for this coverage amount are:

  • Nationwide: MoneyGeek score of 95 out of 100 ($501 per year)
  • Farmers: MoneyGeek score of 89 out of 100 ($532 per year)

Opting for cheap home insurance with lower coverage can save money but may leave gaps in protection. If saving on premiums is your goal, explore the cheapest homeowner insurance companies may be beneficial. The best cheap provider, like Nationwide, stands out by balancing affordability and benefits, offering more value than the absolute cheapest options.

Company logo for Nationwide
Best CheapNationwide
MoneyGeek Score:
95/ of 100

Overview

Nationwide is the best cheap home insurance company with a MoneyGeek score of 95 out of 100, excelling in affordability and coverage. Discounts like bundle, for combining home and auto policies, and protective device, for homes with alarms or smoke detectors, help reduce premiums.

Nationwide offers valuable coverages, such as equipment breakdown for repairing damaged electronics, and service line to cover underground utility damage, along with cyber event/ID theft and scheduled personal property.

Estimate Your Eugene Home Insurance Costs Online

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Rates updated:

Dec 10, 2024

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Why You Can Trust MoneyGeek

Many factors, like location, affect homeowners insurance in Eugene. Comparing rates is the best way to save, but it can take as long as 15 minutes per company. Comparing at least three companies means more than an hour of research. MoneyGeek's home insurance calculator helps you save time by focusing on critical factors. Enter your age, dwelling coverage, credit score, deductible, liability coverage and other details for an estimate.

Cheapest Home Insurance in Eugene, OR

Nationwide offers the lowest home insurance rates in Eugene, OR. Here are the cheapest overall providers:

  • For $100K dwelling coverage: Nationwide: $501 per year
  • For $250K dwelling coverage: Nationwide: $866 per year
  • For $500K dwelling coverage: Capital Insurance Group: $1,262 per year

The primary factor affecting home insurance costs is the dwelling coverage you select. Nationwide offers the cheapest rates for $100K and $250K coverages, while Capital Insurance Group is the most affordable for $500K coverage.

Opting for the cheapest homeowners insurance in Oregon can help you save and manage your budget effectively.

Data filtered by:Results filtered by:
Coverages:
Coverages:$100K Dwelling
Nationwide$501
Farmers$532
State Farm$607
Capital Insurance Group$629
American Family$681
Allstate$880
COUNTRY Financial$1,173

Cheapest Home Insurance for High-Value Homes in Eugene, OR

Capital Insurance Group is the cheapest option for high-value home insurance in Eugene, OR. Properties with high replacement costs require higher dwelling coverage, which raises home insurance costs.

  • Cheapest for $750K dwelling coverage: Capital Insurance Group: $1,631 per year
  • Cheapest for $1M dwelling coverage: Capital Insurance Group: $1,939 per year

While Capital Insurance Group is the cheapest option for insuring expensive homes, it isn't the best overall choice.

Data filtered by:Results filtered by:
Coverages:
Coverages:1 - 750K dwelling
Capital Insurance Group$1,631
Nationwide$2,251
Allstate$2,435
State Farm$2,519
American Family$2,562
Farmers$2,642
COUNTRY Financial$4,817

Cheapest Home Insurance for New Homes in Eugene, OR

Nationwide offers the cheapest insurance for new homes in Eugene, OR.

  • Cheapest for $100K dwelling coverage: Nationwide: $288 per year
  • Cheapest for $250K dwelling coverage: Nationwide: $419 per year
  • Cheapest for $500K dwelling coverage: Nationwide: $656 per year

Nationwide is affordable and highly rated by some measures, but choosing coverage that fully protects your home is crucial.

Data filtered by:Results filtered by:
Coverages:
Coverages:1 - $100K Dwelling
Nationwide$288
Capital Insurance Group$347
State Farm$379
Farmers$397
American Family$454
COUNTRY Financial$707
Allstate$850

How to Find the Best Home Insurance for You in Eugene, OR

The best cheap homeowners insurance providers balance quality and cost, offering excellent customer service and coverage at affordable premiums. The best option for you depends on your needs. Consider factors like coverage, customer service and deductibles.

Follow these steps to find the best cheap home insurance:

  1. 1
    Evaluate your insurance needs

    To understand how much home insurance coverage you need, consider your home's rebuilding costs, personal property value and liability coverage.

  2. 2
    Compare different providers

    Research insurance companies operating in Eugene, OR. Look for those with good financial stability, positive customer reviews and a history of quality service.

  3. 3
    Compare coverage and costs

    Once you identify necessary coverages, compare home insurance quotes. In Eugene, OR, average annual premiums for $100K dwelling coverage range from $501 with Nationwide to $1,173 with COUNTRY Financial.

  4. 4
    Ask about discounts

    Inquire with each provider about discounts, such as for bundling policies, having safety features or maintaining a claims-free record.

  5. 5
    Increase your deductible

    Opting for a higher home insurance deductible can reduce your premium. Ensure it's an amount you can manage if a claim arises.

  6. 6
    Improve home security

    Enhancing home security with alarm systems and strong locks can lower your home's risk profile and potentially decrease insurance costs.

  7. 7
    Maintain good credit

    Keeping a good credit score can affect your insurance rates. Pay bills on time and work to lower outstanding debt.

  8. 8
    Bundle policies

    Consider bundling your homeowners insurance with other policies, like auto insurance, to qualify for discounts and save money.

FAQ: Best Cheap Home Insurance in Eugene, OR

The best cheap home insurance provider depends on your coverage needs and budget. Get answers to common questions about the best affordable insurance rates in Eugene, OR.

How much is home insurance in Eugene, OR, on average?

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About Mark Fitzpatrick


Mark Fitzpatrick headshot

Mark Fitzpatrick is a Licensed Property and Casualty Insurance Producer and MoneyGeek's Head of Insurance. He has analyzed the insurance market for over five years, conducting original research and creating personalized content for every kind of buyer. He has been quoted in several insurance-related publications, including CNBC, NBC News and Mashable.

Fitzpatrick earned a master’s degree in economics and international relations from Johns Hopkins University and a bachelor’s degree from Boston College. He is passionate about using his knowledge of economics and insurance to bring transparency around financial topics and help others feel confident in their money moves.