Oregon Home Insurance at a Glance
For the same house, home insurance in Oregon averaged $1,426 a year ($119 a month) across the 3 insurers we compared, 54.0% below the average of the 50 states and D.C. That’s for a 2,000 sq ft wood-frame house with a composition roof, built in 1997 and insured for $300,000 with a $1,000 deductible.
For the same home, prices among the 3 insurers we compared ranged from $102 to $142 a month, a $40-a-month gap for identical coverage. These are sample prices for one example home, not quotes or offers.
- $300K dwelling
- $1,000 deductible
- $300K liability
- Built 1997
- Composition roof
- 2,000 sq ft wood-frame house
- See the homes we priced
Rates as of Sept. 30, 2026 · Page updated Oct. 21, 2026
Oregon home insurance: key numbers
- Home
- $1,426/yr $119/mo
- Renters
- $274/yr $23/mo
- Condo
- $444/yr $37/mo
How much is homeowners insurance in Oregon?
Homeowners insurance in Oregon averages $119 a month for the house we priced, with rates as of Sept. 30, 2026. The 3 major insurers we compared are State Farm, Allstate and Farmers, and each one priced our sample home in all 168 Oregon ZIP codes in our data, which span 30 counties. For this house, Oregon is the 5th least expensive of the 50 states and D.C.
Our figures are for a $300,000 dwelling; insuring a larger or costlier house for more usually costs more.
For the same insurers and ZIP codes, the Oregon average didn’t change since Nov. 2025, from $1,426 a year ($119 a month) on Nov. 30, 2025, to $1,426 ($119) on Sept. 30, 2026, as Allstate’s didn’t change, Farmers’ didn’t change and State Farm’s didn’t change.
Homeowners insurance averages by insurer in Oregon for our sample home (rates as of Sept. 30, 2026)
| Insurer | Per month | Per year |
|---|---|---|
| State Farm | $102 | $1,220 |
| Allstate | $113 | $1,350 |
| Farmers | $142 | $1,709 |
State Farm averaged $102 a month ($1,220 a year), Allstate $113 ($1,350) and Farmers $142 ($1,709) for our sample home.
By ZIP code: each insurer’s yearly price for the same house ranged across Oregon: State Farm $999 to $2,829, Allstate $1,120 to $2,396 and Farmers $1,381 to $2,346.
Who has the cheapest homeowners insurance in Oregon?
Prices for the same home vary so much by insurer and ZIP code that the lowest one for our sample home may not be lowest for you, so compare a few quotes. The home table above lists every insurer’s average for the same home.
What changes your price: where the house sits, its value, age and roof, your deductibles, claims and credit, and whether you add a car. In Oregon, ZIP code averages for this house ran from $104 a month in Portland to $184 in Sisters, while insurers’ statewide averages ran from $102 to $142.
Your ZIP code matters
Where is home insurance cheapest in Oregon? Costs by city
For the same house, Eugene has the lowest average of the cities in the table with at least 5 ZIP codes, $108 a month, and Salem the highest, $116, 2.2% below the state average. 1 more city has only 3 or 4 ZIP codes in our data and is marked as small samples.
Same sample home: average home insurance prices in 5 Oregon cities (rates as of Sept. 30, 2026)
| City | Per month | Per year | vs. Oregon |
|---|---|---|---|
| Eugene 6 ZIP codes | $108 | $1,293 | −9.3% |
| Portland 31 ZIP codes | $110 | $1,316 | −7.7% |
| Beaverton 6 ZIP codes | $112 | $1,345 | −5.7% |
| Salem 7 ZIP codes | $116 | $1,395 | −2.2% |
| Bend 4 ZIP codes, small sample | $135 | $1,621 | +13.6% |
| Oregon 168 ZIP codes | $119 | $1,426 | Baseline |
Each city covers the ZIP codes in our data with that city as their main mailing address; small sample means fewer than 5 ZIP codes.
Lowest vs. highest ZIP code for our sample home (rates as of Sept. 30, 2026)
Lowest
97266
Portland (Multnomah County)
$104/mo
$1,247 a year
Highest
97759
Sisters (Deschutes County)
$184/mo
$2,206 a year
Of the 168 Oregon ZIP codes we priced, Sisters’ 97759 had the highest average for our sample home, about 1.8 times that of the lowest, 97266 in Portland.
The five highest-priced ZIP codes are 97759 in Sisters ($184 a month), 97739 in La Pine ($162 a month), 97707 in Bend ($161 a month), 97525 in Gold Hill ($161 a month) and 97537 in Rogue River ($161 a month).
Same house, different state: how does Oregon compare?
Of Oregon’s 4 neighbors, 3 have a higher average for the identical house and 1 a lower one: Oregon’s $119 a month compares with $111 in California and $209 in Idaho.
Same sample home: average home insurance prices in Oregon, neighboring states and the 50 states and D.C. (rates as of Sept. 30, 2026)
| Place | Per month | Per year | Oregon vs. this place |
|---|---|---|---|
| Oregon | $119 | $1,426 | Baseline |
| California | $111 | $1,336 | +6.8% |
| Washington | $134 | $1,609 | −11.3% |
| Nevada | $146 | $1,752 | −18.6% |
| Idaho | $209 | $2,506 | −43.1% |
| Average of the 50 states and D.C. | $258 | $3,101 | −54.0% |
Same sample house in every state; each figure averages every insurer we priced there, so one high-priced insurer can lift a state’s average.
Of the other 49 states and D.C., 4 have a lower average for this house than Oregon and 46 a higher one.
What does an Oregon homeowners policy cover?
A standard homeowners policy pays to repair or rebuild after covered damage such as fire, lightning, wind and hail, theft and some water damage from burst pipes; flood and earthquake damage need separate coverage. All six coverages below are inside the $1,426-a-year Oregon average for our sample home.
- Dwelling ($300,000): the house itself, from the foundation to the roof.
- Other structures ($30,000): a detached garage, carport, fence or shed.
- Personal property ($150,000): furniture, clothes and electronics.
- Loss of use ($30,000): a rental and other extra costs while repairs keep you out.
- Personal liability ($300,000): legal defense and damages if you’re responsible for someone’s injury or property damage.
- Medical payments ($5,000): smaller medical bills for a guest hurt at your home.
Say a storm damages the roof and the repair costs $15,000. With the $1,000 deductible we priced, the policy would pay up to $14,000. With a 2% wind and hail deductible on the same $300,000 house, you’d pay the first $6,000 instead, and the policy up to $9,000.
Is $200 a month a lot for home insurance in Oregon?
It’s more than our sample home averages in Oregon, $119 a month, which makes Oregon the 5th least expensive of the 50 states and D.C. for this house. All 3 insurers we compared averaged under $200 for the same house. If a quote for your home is near $200, compare its dwelling limit and deductibles with ours ($300,000 and $1,000) before you decide.
Why your Oregon quote may differ from these prices
Use our one-house figures as a starting point when you compare home insurance quotes for yours.
Your roof: Our sample house has a composition roof, and we priced it without a roof age. Insurers often charge more for older roofs, so ask how your roof’s age and material change your quote.
Your claims and credit: a recent claim, or weaker credit where an insurer uses it, can push an Oregon quote above the $119 a month our claim-free, good-credit owner averages.
Your deductibles: our house has one $1,000 deductible for covered losses other than a hurricane. If your policy has a separate percentage deductible for wind and hail, your premium and your out-of-pocket cost after a storm will both differ from ours.
What is the 80% rule in homeowners insurance?
A consumer guide from the National Association of Insurance Commissioners, the group of state insurance regulators, explains that many policies reduce a partial-loss payment if you insure for less than 80% of your home’s replacement cost, the cost to rebuild it. For our $300,000 sample house, that’s at least $240,000, so check your limit against a current rebuilding cost, not the home’s market value.
Why is home insurance cheaper in Oregon than in most states?
For our sample house, Oregon is the 5th least expensive of the 50 states and D.C. Our figures don’t separate causes; these official records show what Oregon homes face.
As of Oct. 2, 2026, Oregon’s Division of Financial Regulation reported that insurers had paid $22.76 million on 241 claims from 2025 wildfires, including 87 total losses.
Oregon repealed its statewide wildfire hazard map in 2025, so there’s no state map to check; insurers still use their own risk models and must consider steps you take to harden your home.
Since Sept. 1, 2026, Oregon insurers have to list up to four significant factors behind a premium increase at renewal.
Most Oregon home, condo and renters policies don’t cover earthquake damage; it’s bought separately, usually with a deductible of 10% or 15% of the coverage amount, the division says.
How do wind and hail deductibles work in Oregon?
Your deductible is the amount you pay out of pocket on each claim before your insurer pays. The house we priced has a $1,000 deductible for covered losses other than a hurricane, including wind and hail. Our sample request also includes a 2% hurricane deductible, a setting we use in every state; real Oregon policies may use a separate wind and hail deductible, so ask for yours.
Your wind and hail deductible in dollars (illustration only)
| Dwelling coverage | 1% | 2% | 5% |
|---|---|---|---|
| $200,000 | $2,000 | $4,000 | $10,000 |
| $300,000 (our sample home) | $3,000 | $6,000 | $15,000 |
| $400,000 | $4,000 | $8,000 | $20,000 |
The table shows deductibles, not premiums. At 2%, the deductible on our sample home’s $300,000 dwelling is $6,000, more than the $1,426 a year that house averages in Oregon.
A higher deductible usually lowers your premium, so weigh the lower price against the bigger bill you’d face after a storm.
How to find cheaper home insurance in Oregon
For our sample home, Oregon insurers’ statewide averages ran from $1,220 to $1,709 a year. These are the levers you control; how much each one moves a quote depends on the insurer and the house, and none of them comes with a promised price.
Compare at least three insurers: even one insurer’s price moves a lot by address: State Farm’s for our sample home ran from $999 to $2,829 a year depending on the Oregon ZIP code.
Price two deductibles: ask each insurer for the premium at your current deductible and one step higher, and keep any percentage wind and hail deductible in dollars in mind (2% of $300,000 is $6,000).
Ask about a tougher roof and safety devices: impact-resistant roofing, smoke detectors, burglar alarms and dead-bolt locks are common discounts to ask about.
Bundle with care: some insurers take roughly 5% to 15% off when you buy home and car insurance together, the Insurance Information Institute says; compare both ways before you decide.
Keep the coverage you need: insuring at least 80% of the rebuilding cost protects you on partial losses, so a lower price that comes from a lower limit can cost you after a large claim.
Guard a clean record: our sample owner has no claims in 10 years, and the $119-a-month Oregon average assumes that clean record; a recent claim can raise a quote.
What if an insurer won’t renew your Oregon home?
Oregon insurers must give at least 30 days’ notice before they don’t renew a homeowners policy for reasons other than nonpayment. Read the notice and your policy’s own cancellation and nonrenewal terms, then start shopping right away. If a notice doesn’t make sense to you, or you need help with a claim, call the Oregon Division of Financial Regulation at 888-877-4894.
If at least two insurers have turned you down, the Oregon FAIR Plan offers basic property coverage.
In our data, every insurer we compared priced our sample home in all 168 Oregon ZIP codes.
Got a nonrenewal notice?
- Note the date your coverage ends and start shopping now.
- Get quotes from at least three insurers (we compared 3 in Oregon), or ask a licensed agent to compare them for you.
- If insurers turn you down, ask an Oregon-licensed agent about the Oregon FAIR Plan.
- If the notice looks wrong, call the Oregon Division of Financial Regulation at 888-877-4894.
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How much is renters insurance in Oregon?
Renters insurance for our sample renter averages $23 a month ($274 a year) in Oregon. For our sample renter, prices among the 4 insurers we compared ranged from $16 to $26 a month, a $10-a-month gap for the same coverage.
Renters insurance averages by insurer in Oregon for our sample renter (rates as of Sept. 30, 2026)
| Insurer | Per month | Per year |
|---|---|---|
| State Farm | $16 | $187 |
| Farmers | $24 | $291 |
| Foremost | $25 | $301 |
| American Family | $26 | $317 |
State Farm averaged $16 a month ($187 a year), Farmers $24 ($291), Foremost $25 ($301) and American Family $26 ($317) for our sample renter.
We don’t name a lowest renters insurer in Oregon (the methodology explains when we do); the renters table above lists every insurer’s average for the same renter, from $16 to $26 a month.
Oregon’s renters average is the 18th most expensive of the 50 states and D.C., 6.9% above their average of $21 a month ($256 a year). Our sample renter’s policy costs about 19% of what our sample home costs to insure in Oregon.
For the same insurers and ZIP codes, the Oregon renters average didn’t change since Nov. 2025, from $23 to $23 a month, as American Family’s didn’t change, Farmers’ didn’t change and Foremost’s didn’t change.
Our sample renter lives in an apartment built in 2005 and insures $40,000 of belongings with $300,000 liability and a $1,000 deductible. The renter is 40, single, with good credit and no claims. Rates as of Sept. 30, 2026, from 672 sample prices by 4 insurers across 168 Oregon ZIP codes.
- $40K belongings
- $300K liability
- $1,000 deductible
What does renters insurance cover in an Oregon apartment?
Your landlord’s insurance is for the building; a renters policy is for your belongings and your liability. The policy we priced pays up to $40,000 for belongings after a covered fire, storm or burglary and $300,000 if you’re responsible for someone’s injury or property damage. In Oregon, that package averages $23 a month; flood and earthquake damage need separate coverage.
How we got these renters prices: each insurer’s average across the 168 Oregon ZIP codes in our data. Sample prices, not quotes or offers.
How much is condo insurance in Oregon?
Condo insurance for our sample condo averages $37 a month ($444 a year) in Oregon. For our sample condo, prices among the 4 insurers we compared ranged from $27 to $50 a month, a $23-a-month gap for the same coverage.
Condo insurance averages by insurer in Oregon for our sample condo (rates as of Sept. 30, 2026)
| Insurer | Per month | Per year |
|---|---|---|
| State Farm | $27 | $318 |
| Foremost | $31 | $367 |
| USAA (military only) | $41 | $492 |
| Farmers | $50 | $600 |
State Farm averaged $27 a month ($318 a year), Foremost $31 ($367), USAA (military families only) $41 ($492) and Farmers $50 ($600) for our sample condo.
State Farm had the lowest condo average for our sample condo of the insurers anyone can buy from, $27 a month ($318 a year), 13.3% below Foremost’s $367 a year. Your unit may price differently, so get a few condo quotes.
Oregon’s condo average is the 26th least expensive of the 50 states and D.C., 7.7% below their average of $40 a month ($481 a year). Our sample condo’s policy costs about 31% of what our sample home costs to insure in Oregon.
For the same insurers and ZIP codes, the Oregon condo average didn’t change since Nov. 2025, from $37 to $37 a month, as Farmers’ didn’t change, Foremost’s didn’t change and State Farm’s didn’t change.
Our sample condo is a 2,000-square-foot unit in a building built in 2005, with $60,000 of coverage for the unit, $60,000 for belongings, $300,000 liability and a $1,000 deductible. The owner is 40, single, has good credit and no claims in 10 years.
- $60K unit coverage
- $60K belongings
- $1,000 deductible
- Built 2005
Which part of an Oregon condo is yours to insure?
The association’s master policy covers the building, and your condo policy covers what the declaration and master policy leave to you. In our sample policy, $60,000 covers the inside of the unit and $60,000 your belongings, and that package averages $37 a month in Oregon.
What to check with your HOA before you buy condo insurance
- The master policy: ask the association or manager for its certificate of insurance and declarations page.
- Bare walls or more: find out whether it stops at the bare walls or also covers fixtures and finishes; that sets your unit coverage.
- The master deductible: ask how large it is and whether the association can pass part of it to owners after a storm.
- Loss assessment: ask your insurer how much loss assessment coverage your policy includes (it can pay your share if the association bills owners for a covered loss to shared parts of the building).
Oregon city guides
Home $110/mo
31 ZIP codes in our data
You may also want to compare: car + home insurance in Oregon
Many Oregon homeowners insure a car too. Some insurers take roughly 5% to 15% off when you buy home and car insurance from them together (Insurance Information Institute), but the same insurer has to write both policies, and buying both from one insurer isn’t always the lower-priced choice, so compare both ways.
See Oregon car insurance rates · How bundling home and auto insurance works
Frequently asked questions about home insurance in Oregon
How much is home insurance in Oregon?
For the house we priced, Oregon averages $1,426 a year ($119 a month) across the 3 major insurers we compared and 168 ZIP codes, with rates as of Sept. 30, 2026. By ZIP code, the average runs from $104 a month in Portland to $184 in Sisters, so your address matters.
Which Oregon city has the cheapest home insurance?
Of the Oregon cities in our table with at least 5 ZIP codes, Eugene had the lowest average for our sample home, $108 a month, and Salem the highest, $116.
How much is insurance on a $400,000 house in Oregon?
We priced a $300,000 dwelling, not $400,000. For that house, Oregon averages $119 a month. A $400,000 house usually costs more to insure, so get quotes for your own rebuild cost, and remember the 80% rule.
Does Oregon home insurance cover wind and hail damage?
Generally, yes, minus your deductible: a standard homeowners policy covers wind and hail damage. Some insurers use a separate percentage deductible for wind and hail, so work out what yours means in dollars; on our $300,000 sample house, 2% is $6,000.
Is flood damage covered by home insurance in Oregon?
No. A standard Oregon home or renters policy doesn’t cover flooding. You can buy it through federal flood insurance (NFIP) or a private insurer, and a new NFIP policy usually takes 30 days to start, so don’t wait for a storm warning.
Are Oregon home insurance rates going up in 2026?
For the house we priced, the Oregon average fell 0.0% for the same insurers and ZIP codes between Nov. 30, 2025 and Sept. 30, 2026, to $119 a month. Your own renewal depends on your insurer, your home and your claims.
What does renters insurance cost in Oregon?
Our sample renter, insuring $40,000 of belongings with $300,000 liability, pays an average of $23 a month ($274 a year) in Oregon across the 4 insurers we compared.
What does condo insurance cost in Oregon?
Our sample condo, with $60,000 of unit coverage and $60,000 for belongings, averages $37 a month ($444 a year) in Oregon across the 4 insurers we compared.
Who regulates home insurance in Oregon?
The Oregon Division of Financial Regulation licenses insurers, oversees their rates and forms, and helps consumers with complaints about claims and nonrenewals. Its consumer line is 888-877-4894.
Official resources for Oregon homeowners
- Oregon Division of Financial Regulation: wildfire and insurance Wildfire claims, the map repeal and renewal notices.
- Oregon Division of Financial Regulation: earthquake insurance How earthquake coverage and its deductible work.
- Oregon Division of Financial Regulation: homeowners insurance Consumer help and notice rules.
- Oregon FAIR Plan Basic coverage after two insurers say no.
- FEMA Flood Map Service Center The official source for FEMA flood maps.
- FloodSmart FEMA’s site for the National Flood Insurance Program.
How we calculated these prices
We priced the same house with 3 major insurers, and the same apartment and condo with 4 and 4, in each of the 168 Oregon ZIP codes in our data, using licensed insurance rate data from Quadrant Information Services, with rates as of Sept. 30, 2026. Each Oregon figure is the average of the ZIP-code averages, and monthly figures are yearly figures divided by 12. These are sample prices for one example home, renter and condo, not quotes or offers.
Full details
The homes we priced
- Home (HO-3, a standard homeowners policy): Our sample home is a 2,000-square-foot, two-story wood-frame house with a composition roof, built in 1997, insured for $300,000 with $150,000 for belongings, $300,000 liability and a $1,000 deductible for covered losses other than a hurricane. Our price requests also set a 2% hurricane deductible, the same setting in every state. The owner is 40, single, has good credit and no claims in 10 years.
- Renters (HO-4, a renters policy): Our sample renter lives in an apartment built in 2005 and insures $40,000 of belongings with $300,000 liability and a $1,000 deductible. The renter is 40, single, with good credit and no claims.
- Condo (HO-6, a condo unit-owner policy): Our sample condo is a 2,000-square-foot unit in a building built in 2005, with $60,000 of coverage for the unit, $60,000 for belongings, $300,000 liability and a $1,000 deductible. Same owner profile as the home.
- All three are in protection class 3 (a fire-protection rating), 1,000 feet from a hydrant and 3 miles from a fire station, with the distance to the coast set at 10 miles in every state’s price requests, so differences between ZIP codes come from how each insurer prices that ZIP code.
How the averages work: for each insurer and ZIP code we used its lowest eligible price, averaged the insurers in each ZIP code, then averaged the ZIP codes, so every ZIP code counts the same. Percentages are worked out before rounding, so they can differ slightly from the rounded dollars shown. The price change compares the same insurers in the same ZIP codes on Nov. 30, 2025, and Sept. 30, 2026.
Which insurers we name: we don’t name a lowest-priced insurer when its lead over the next one is more than 30%, or when it was priced in fewer than 90% of a place’s ZIP codes, and we show the average without any insurer priced at more than twice the others. Each section says which insurer, if any, passed these tests for that line. We also never name an insurer that sells only to members, such as USAA (military families only) or an AAA insurer, and when the two lowest are within 5% of each other we call it a near tie.
Sample: Home: 504 sample prices from 3 insurers across 168 ZIP codes in 30 counties. Renters: 672 from 4 insurers. Condo: 672 from 4 insurers. Oregon here means the 168 Oregon ZIP codes in our rate data; cities group them by main post-office city.
Insurer notes: we review every note an insurer attaches to a price before publishing.
- Safeco’s renters prices in 168 ZIP codes and condo prices in 168 ZIP codes are left out: they carry an insurer note we are still reviewing, so they stay out of our averages until we decide.
- COUNTRY Financial’s home prices in 168 ZIP codes, renters prices in 168 ZIP codes and condo prices in 168 ZIP codes are left out: the quote tool returned a note saying the company isn’t taking new business there, so we left them out.
- Safeco’s home prices in 168 ZIP codes are left out, shown on their own under the home insurer table: our data doesn’t show what that policy covers.
Comparisons: neighboring-state figures use the same method and rates; the 50-states-and-D.C. figure averages each state’s average and D.C.’s.
Sources for local facts: Oregon Division of Financial Regulation, Oregon FAIR Plan, National Association of Insurance Commissioners, FEMA, Insurance Information Institute.
Rates as of Sept. 30, 2026; price changes compare prices as of Nov. 30, 2025.
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- About the Author
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Autumn Cafiero Giusti is a licensed life and health insurance broker and award-winning journalist with more than 20 years of experience. She writes extensively about flood, Medicare, home, and life insurance for publications like U.S. News and CBS News.
