Home Home insurance Average home insurance cost Homeowners insurance rates by state Average homeowners insurance cost in Oregon Average homeowners insurance cost in Oregon Homeowners insurance in Oregon costs $1,741 per year or $145 monthly, according to Insure.com’s data analysis. View Carriers Please enter valid zip Compare top carriers in your area Written by Shivani Gite Shivani Gite Shivani Gite is a personal finance and insurance writer with a degree in journalism and mass communication. She is passionate about making insurance topics easy to understand for people and helping them make better financial decisions. | Reviewed by Nupur Gambhir Nupur Gambhir Nupur Gambhir is an insurance expert and managing editor of Insure.com. She specializes in life and health insurance content, and has experience as a marketing consultant. | Updated on: April 14, 2025 Why you can trust Insure.com Quality Verified At Insure.com, we are committed to providing the timely, accurate and expert information consumers need to make smart insurance decisions. All our content is written and reviewed by industry professionals and insurance experts. Our team carefully vets our rate data to ensure we only provide reliable and up-to-date insurance pricing. We follow the highest editorial standards. Our content is based solely on objective research and data gathering. We maintain strict editorial independence to ensure unbiased coverage of the insurance industry. Whether you’re buying a new home or safeguarding the one you already own, it’s important to have comprehensive homeowners insurance. However, the amount you’ll pay depends on the insurance company and the coverage limits you choose.Homeowners insurance in Oregon costs an average of $1,741 a year, according to Insure.com’s study. Read this guide to learn more about the average homeowners insurance rates in Oregon by insurance company and ZIP code. Key Takeaways Homeowners insurance costs an average of $1,741 a year, based on our analysis.Of all the ZIP codes in Oregon, 97224 has the most affordable home insurance rates at around $1,423 annually.In Oregon, Nationwide provides the most affordable home insurance at an average annual premium of $1,224. Average home insurance cost in Oregon by coverage levelIn Oregon, the annual homeowners insurance cost is $1,741, on average for the limits of $100,000 in liability, $300,000 in dwelling coverage and a $1000 deductible.Increasing your dwelling coverage from $300,000 to $400,000 will raise your annual homeowners insurance premium to $2,170 in Oregon, with $100,000 in liability protection and a $1,000 deductible. Below are the average costs for homeowners insurance in Oregon based on dwelling coverage limits of $300,000, $400,000, and $500,000.Coverage Average annual rate Average monthly rate$200,000 with $1,000 Deductible and $100,000 Liability and None Deductible$1,334 $111 $200,000 with $1,000 Deductible and $300,000 Liability and None Deductible$1,347 $112 $300,000 with $1,000 Deductible and $100,000 Liability and None Deductible$1,741 $145 $300,000 with $1,000 Deductible and $300,000 Liability and None Deductible$1,755 $146 $400,000 with $1,000 Deductible and $100,000 Liability and None Deductible$2,170 $181 $400,000 with $1,000 Deductible and $300,000 Liability and None Deductible$2,185 $182 $600,000 with $1,000 Deductible and $100,000 Liability and None Deductible$3,001 $250 $600,000 with $1,000 Deductible and $300,000 Liability and None Deductible$3,019 $252 $1,000,000 with $1,000 Deductible and $100,000 Liability and None Deductible$4,757 $396 $1,000,000 with $1,000 Deductible and $300,000 Liability and None Deductible$4,778 $398 In Oregon, homeowners insurance companies set rates by assessing various risk factors. Your location, claims history, credit history and coverage limit all affect your premium.If multiple claims have been filed in your neighborhood over the past few years, you’ll likely face higher home insurance rates than areas with fewer claims. Your credit score can also play a role in determining your home insurance costs. According to S&P Global Market Intelligence’s RateWatch application, the average homeowners insurance premium for owner-occupied homes nationwide increased by over 11% in 2023.Best homeowners insurance companies in OregonBefore purchasing homeowners insurance, it’s important to compare rates and explore your options. Several factors play a role in choosing the best homeowners insurance company for your specific needs.We evaluated insurance companies in Oregon based on their NAIC scores and AM Best ratings to create a list of the top homeowners insurance providers in the state. Our findings show that American Family received the lowest NAIC score and A rating from AM Best. A lower NAIC score indicates fewer complaints relative to the company’s size, suggesting higher customer satisfaction.Company Average annual premiumAM Best rating NAIC Complaint IndexOverall scoreAmerican Family$1,316A0.375Farmers$2,009A0.544.74Nationwide$1,224A+0.874.19State Farm$1,285A++0.954.07Country Financial$2,736A+0.264.04Allstate$1,685A+0.93.73Average homeowners insurance cost by company in OregonNationwide provides the most affordable homeowners insurance in Oregon, with an average annual premium of $1,224. State Farm and American Family also offer cheap home insurance rates.Shopping around for homeowners insurance can help you save hundreds of dollars annually.Here are the average annual and monthly insurance rates for homeowners in Oregon with a policy that provides $300,000 in dwelling coverage, $100,000 in liability protection, and a $1,000 deductible.Company Average annual rate Average monthly rateNationwide$1,224$102State Farm$1,285$107American Family$1,316$110Allstate$1,685$140Farmers$2,009$167Country Financial$2,736$228USAA$1,655$138Oregon homeowners insurance rates by ZIP codeIn Oregon, insurance companies evaluate the risk associated with specific locations to determine premiums. ZIP codes with higher crime rates or a history of natural disasters are often considered high-risk, resulting in higher insurance premiums. Additionally, the cost of rebuilding or repairing homes in a particular ZIP code can influence your price for a homeowners insurance policy.Shop around and compare quotes from different insurance companies to find the best home insurance rates in Oregon. Also, remember to inquire about any discounts, such as bundling policies or smart home discounts, to help lower your premium.Most affordable ZIP codes for home insurance rates in OregonNot every area in Oregon has the same home insurance cost. How much you pay for homeowners insurance in Oregon depends on many factors, including your ZIP code. Our data shows that 97224 ZIP has low-cost home insurance rates in Oregon, at about $1,423 a year or $119 monthly.Below you can find homeowners insurance rates for some of the most affordable ZIP codes in Oregon.ZIP codeAverage annual rateAverage monthly rate97224$1,423$11997219$1,449$12197140$1,450$12197007$1,451$12197123$1,458$12197230$1,460$12297233$1,464$12297215$1,466$12297202$1,468$12297213$1,472$123Most expensive ZIP codes for home insurance rates in OregonYour ZIP code plays a significant role in determining the cost of your homeowners insurance. In Oregon, some areas face higher premiums due to factors like high crime rates, greater risk of natural disasters and higher living expenses.In Oregon, 97503 has the highest homeowners insurance rates, at $3,411 per year.Here, we’ve highlighted some of the most expensive ZIP codes in Oregon for homeowners insurance:ZIP codeAverage annual rateAverage monthly rate97503$3,411$28497040$2,415$20197058$2,248$18797914$2,206$18497037$2,176$18197907$2,128$17797917$2,120$17797730$2,112$17697911$2,104$17597903$2,101$175Home insurance rates vary from one city to another. But with Insure.com, finding the right home insurance policy is easy. Learn more about homeowners insurance costs for different cities below.Home insurance rates in Oregon by cityEugeneHillsboroPortlandSalemHome insurance rate trend in OregonWe analyzed home insurance rate trends in Oregon and found that homeowners insurance rates experienced an overall increase of 17% or $250, from 2022 to 2023.The following data highlights the changes in homeowners insurance rates since 2019.2019 rates2022 rates2023 rates$1,104$1,491$1,741Finding the right homeowners insurance requires thorough research and comparing rates from different insurers, as each has its own way of assessing risk. By gathering quotes from at least three companies, you can increase your chances of getting the most affordable coverage in Oregon.Resources & methodologySourceS&P Global. “US homeowners insurance rates jump by double digits in 2023.” Accessed April 2025.MethodologyInsure.com worked with Quadrant Information Service to get homeowners insurance data. We analyzed 20,739,560 insurance quotes from 82 national and regional insurance companies across 34,588 ZIP codes to determine the average premiums.The insurance rates are based on a sample profile of a homeowner with good credit and the following coverage level:$300,000 dwelling coverage$100,000 liability protection$1000 deductibleWe have taken into account 3 important factors such as average annual cost, NAIC score and AM Best rating, to determine the list of best homeowners insurance companies. The quoted insurance rates are for comparison purposes, and your individual rates may vary. Explore other insurance options in Oregon Best renters insurance in Oregon Average car insurance cost in Oregon Non-owner auto insurance in Oregon How much is home insurance in other statesAlaska$1,695/YearAlabama$3,131/YearArkansas$3,948/YearArizona$2,468/YearCalifornia$1,386/YearColorado$4,086/YearConnecticut$2,205/YearWashington, D.C.$1,327/YearDelaware$1,366/YearFlorida$4,405/YearGeorgia$2,286/YearHawaii$593/YearIowa$2,642/YearIdaho$1,950/YearIllinois$3,044/YearIndiana$2,969/YearKansas$4,826/YearKentucky$3,314/YearLouisiana$3,576/YearMassachusetts$1,622/YearMaryland$1,707/YearMaine$1,375/YearMichigan$2,396/YearMinnesota$2,399/YearMissouri$3,528/YearMississippi$3,369/YearMontana$3,265/YearNorth Carolina$2,933/YearNorth Dakota$3,134/YearNebraska$4,785/YearNew Hampshire$1,209/YearNew Jersey$1,506/YearNew Mexico$2,638/YearNevada$1,444/YearNew York$1,777/YearOhio$2,144/YearOklahoma$5,749/YearPennsylvania$1,886/YearRhode Island$1,932/YearSouth Carolina$2,668/YearSouth Dakota$3,374/YearTennessee$3,045/YearTexas$3,844/YearUtah$1,792/YearVirginia$2,135/YearVermont$1,247/YearWashington$1,596/YearWisconsin$1,648/YearWest Virginia$1,886/YearWyoming$1,885/YearShow moreShivani GiteContributing Writer | . .Shivani Gite is a personal finance and insurance writer with a degree in journalism and mass communication. 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