Oregon's average home insurance cost is about $97 monthly, about $159 annually. This is $123 less per month, or $1,476 less annually, than the national average.
Average Home Insurance Cost in Oregon
Updated: May 30, 2025
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Rates updated:
Jun 11, 2025
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Key Takeaways
Home insurance costs in Oregon vary from $1,454 per year to well over $9,974, depending on your financial history, coverage and provider.
Oregon's home insurance premiums are the 6th most affordable in the country; they are at 56% below the national average.
Determine what coverage you need to find the best home insurance in Oregon.
How Much Is Home Insurance in Oregon?
| Oregon Average | $97 | $1,159 | -56% |
| National Average | $220 | $2,635 | 0% |
*These rates represent a home built in 2000 out of frame with $250K Dwelling, $125K Personal Property, and $200K Liability coverage with a $1,000 deductible.
Average Home Insurance Cost by City
Various risk factors, such as home valuations and drastic weather changes, affect home insurance costs. For example, the average monthly home insurance cost in Eugene is around $92; in Salem, it’s higher at $95.
| Eugene | $92 | $1,100 |
| Gresham | $95 | $1,144 |
| Hillsboro | $90 | $1,080 |
| Portland | $90 | $1,082 |
| Salem | $95 | $1,142 |
*These rates represent a home built in 2000 out of frame with $250K Dwelling, $125K Personal Property, and $200K Liability coverage with a $1,000 deductible.
Why Is Home Insurance so Expensive in Oregon?
Home insurance is expensive in Oregon due to, for instance, more claims, the high risk of severe weather and state insurance laws. Below, we explain each factor in detail:
Rising Claims
As the number of insurance claims increases, insurers may raise premiums to cover the higher payout costs.
High Weather Risks
Areas with higher risks of weather-related damages, such as hurricanes or wildfires, often face steeper home insurance costs. Insurers adjust rates to account for potential claims from these events.
Rising Material and Labor Costs
The cost is directly affected by the prices of construction materials and labor. Home insurance premiums may also increase when these expenses rise to cover the additional costs.
State Insurance Laws
State-specific insurance regulations can influence the cost of home insurance. Mandates on coverage requirements or rate changes can lead to higher premiums.
What Affects Oregon Home Insurance Costs?
Similar to most home insurance companies, pricing is mainly affected by:
- Location
- Coverage chosen
- Home build details
- Provider chosen
- Credit
- Claims history
We'll explore how each factor impacts rates in Oregon
How Much Does Location Affect Home Insurance Costs?
Location is important in influencing home insurance rates in Oregon. Costs can vary by up to 6%. Weather risks and population in your area are major factors in determining costs.
| Lowest | Portland | $92 | $1,100 |
| Highest | Oregon State Remnant Tier Aggregate | $101 | $1,218 |
How Much Does Coverage Affect Home Insurance Costs?
Coverage choices impact home insurance rates, averaging from $654 to $3,503 per year. Higher coverage limits and lower deductibles increase premiums, while lower limits and higher deductibles reduce costs.
| Lowest | $100K Dwelling / $50K Personal Property / $100K Liability | 2000 | $55 | $654 |
| Highest | $1MM Dwelling / $500K Personal Property / $1MM Liability | 500 | $292 | $3,503 |
How Much Do Home Details Affect Home Insurance Costs?
Depending on home details like age, construction materials, and roof type, homeowners insurance rates in Oregon can range from $54 to $98 per month. These factors will affect replacement costs and the risk of damage or theft, making it the third most influential factor for insurance rates.
| Lowest | New | Superior | Tile | $54 | $652 |
| Highest | Old | Frame | Shake-Treated | $98 | $1,177 |
How Much Does the Provider You Choose Affect Home Insurance Costs?
Your choice of insurer is the fourth most influential factor in Oregon home insurance rates, with prices ranging from 34% below to 62% above the state average.
| Lowest | Capital Insurance Group | $62 | $742 |
| Highest | COUNTRY Financial | $153 | $1,835 |
How Much Does Credit Affect Home Insurance Costs?
A higher credit score indicates higher reliability, which can lower your home insurance costs. Premiums vary by up to 86%; annual average rates range from $834 to $3,188.
| Lowest | Excellent | $70 | $834 |
| Highest | Poor | $266 | $3,188 |
How Much Does Claims History Affect Home Insurance Costs?
Claims history affects home insurance rates less than other factors, impacting rates by up to 18% or about $249 annually.
| Lowest | Claim free for 5+ years | $94 | $1,131 |
| Highest | 2 claims in past 5 years | $133 | $1,594 |
Tips to Save on Oregon Home Insurance
Whether buying a new house or cutting expenses on your current one, saving on your premiums is essential. Explore tips to secure the best and cheapest home insurance in Oregon.
- 1
Find How Much Coverage You Need Beforehand
It is important to determine how much home insurance you need before buying. Learn how to do this here, and check out your standard coverage options.
- 2
Research Costs and Discounts Beforehand
Ask agents about all available home insurance discounts, as some insurers apply certain reductions only if requested. Learn more about the average costs for you.
- 3
Compare Multiple Providers Through Different Avenues
Compare multiple insurance providers to find the best coverage for your needs. Use methods like online comparison sites and agents, because quotes can vary
- 4
Consider Bundling Policies
Bundling policies can lead to savings. Discover more about combining home and auto insurance in Oregon.
- 5
Reduce Your Personal Risk Profile
To get cheaper premiums on your home, consider making improvements like adding storm shutters or home security systems. Also, improving your credit score can decrease premiums drastically. For example, moving from a fair to a good credit score can save you 28% on average.
- 6
See if You Are Eligible for State Programs
Florida offers programs to help get affordable coverage if you're denied traditional home insurance coverage. While these plans may not offer the same coverage amount as traditional policies, they meet mortgage requirements.
Oregon Home Insurance Calculator: Bottom Line
Home insurance costs vary with location and coverage. Find affordable rates by researching and comparing. Then, get the best deal using our estimate tool.
Homeowners Calculator Insurance Oregon: FAQ
To help estimate your expenses, MoneyGeek answers common questions about home insurance.
How much does homeowners insurance cost in Oregon?
Oregon's average monthly home insurance cost is $97 for a dwelling coverage of $250K. However, your rate will depend on factors like your credit score, liability and property coverage limits.
How do I know how much dwelling coverage to get?
While this study uses a baseline coverage of $250K, you can use the MoneyGeek homeowners insurance calculator to find the best coverage limit for your needs.
What factors affect home insurance costs the most?
Location, chosen coverage level, and provider have the most significant impact on insurance costs. Your credit score and home details also play a role.
How We Determined Our Oregon Home Insurance Estimates
When determining the average cost of home insurance in Oregon, we used a base profile for a simple estimate consistent with the following:
- $250,000 dwelling coverage
- $125,000 personal property coverage
- $200,000 liability coverage
- Home Built Year: 2000
- Construction type: Frame
- Roof type: Composition
- $1,000 deductible
- No claims in the past 5+ years
- Fire protection level of 3
However, rates will vary widely depending on factors such as coverage level, provider chosen, the age of the home, other features of the home, insured credit and claims history, among other factors. All other combinations presented in this article assume the home was built in 2000.
About Mark Fitzpatrick
Mark Fitzpatrick, a Licensed Property and Casualty Insurance Producer, is MoneyGeek's resident Personal Finance Expert. With over five years of experience analyzing the insurance market, he conducts original research and creates tailored content for all types of buyers. His insights have been featured in publications like CNBC, NBC News and Mashable.
Fitzpatrick holds a master’s degree in economics and international relations from Johns Hopkins University and a bachelor’s degree from Boston College. He's also a five-time Jeopardy champion!
Passionate about economics and insurance, he aims to promote transparency in financial topics and empower others to make confident money decisions.