Average homeowners insurance cost in Eugene, Oregon

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Our data shows that the average cost of homeowners insurance in Eugene is $1,531 per year (for the coverage level of $300,000 for dwelling, $100,000 for liability protection and $1,000 deductible). It’s $1,051 less than the national average of $2,582 .

Homeowners insurance rates differ significantly from one home to another. Home insurance rates in Eugene depend on several factors, including:

The size of your home
The age of your home
The amount of coverage you need
Where you live
Your credit score

Nationwide is the cheapest homeowners insurance company in Eugene with an average annual premium of $871 per year.

This guide covers everything from available coverage options to companies with the cheapest homeowners insurance rates in Eugene. Keep reading to learn about the monthly cost of homeowners insurance in Eugene, the cost for different dwelling coverage levels, and which companies provide the most affordable home insurance in Eugene.

Key Takeaways

The cost of your homeowners insurance policy in Eugene can vary based on factors such as your location, the value of your home, and the coverage options you select.
Nationwide is the cheapest homeowners insurance company in Eugene with an average annual premium of $871 .
If you increase your dwelling coverage from $200,000 to $300,000, you will pay $352 more annually for home insurance.

Average homeowners insurance cost in Eugene per month

Eugene homeowners pay an average of $128 a month. It’s $17 less than the state average of $145 and $87 less than the national average for home insurance across the nation. The price of your homeowners insurance policy in Eugene may vary depending on where you live, the value of your home, and the coverage you choose.

Average homeowners insurance cost for a $200,000 house in Eugene

The average cost of homeowners insurance in Eugene, OR is $1,179 annually for the dwelling coverage of $200,000 and the liability protection of $100,000. The cost of your home insurance each year depends on several factors – including the risk of natural disasters in your area. If your city is prone to events like hurricanes, wildfires, or floods, you’ll likely pay more for coverage.

Some places are more prone to natural disasters, like floods, hurricanes, or tornadoes. That makes rebuilding after a major event more expensive, which is why home insurance tends to cost more in those areas. And keep in mind, your standard policy probably doesn’t cover flood or hurricane damage. If you live in a high-risk zone, it’s definitely worth looking into separate flood insurance for extra protection.

Average homeowners insurance cost for a $300,000 house

As per rate analysis by Insure.com, homeowners residing in Eugene typically pay an average of $1,531 annually to insure a home for coverage limits of $300,000 dwelling, $100,000 liability protection with a $1,000 deductible.

Your home insurance rates will be increased by $352 if you increase your dwelling coverage from $200,000 to $300,000. It is advisable to buy enough insurance to cover the entire cost of rebuilding your home. However, the amount of dwelling coverage you need may vary depending on the size of your home, the features in your home, and the cost of living in your area.

Average homeowners insurance cost in Eugene by company

Among the carriers we analyzed, Nationwide is the most affordable homeowners insurance company in Eugene, offering an average annual rate of $871 , while State Farm ranks second.

Researching a company thoroughly before selecting a homeowners insurance policy is essential – and we can help with that. We took a close look at all the insurance companies serving Eugene and put together a list of the most affordable ones.

Here’s a look at the top home insurance companies in Eugene and what you can expect to pay with each one on average.

Home Insurance Company	Annual rate
Nationwide	$871
American Family	$1,267
Allstate	$1,275
Farmers	$1,872
Country Financial	$2,688
State Farm	$1,147
USAA*	$1,378

*USAA is only available to military community members and their families.

Many insurance companies offer discounts to customers who bundle their policies. By combining your home insurance policy with other policies, such as auto insurance, you can lower your premiums and simplify your insurance management with one provider.

Natural disasters in Oregon that can impact your home insurance

Natural disasters are a part of life in Oregon, often leading to expensive insurance claims. That’s why it’s so important to understand which disasters are most likely in your area before choosing a home insurance policy.

When you’re aware of the specific risks in your region, you can tailor your coverage to match – whether that means increasing your policy limits, choosing a deductible you’re comfortable with, or adding extra protection for uncovered events. Taking these steps now can help you avoid being underinsured and give you more financial security if a natural disaster hits your area.

Oregon is commonly affected by Landslide.

How home insurance protects you against natural disasters

Home insurance is an essential safeguard for your financial well-being, offering protection if you’re affected by a natural disaster. Natural disasters can lead to costly damage, but the right policy can help cover the cost of repairs, sparing you from major out-of-pocket costs. In many cases, home insurance also pays for temporary living expenses if you can’t live in your home.

However, not all natural disasters are covered under a standard home insurance policy. For example, flood and earthquake damage are excluded and require separate coverage. That’s why it’s so important to understand the specific natural disaster risks in your area. By doing so, you can choose a policy that truly protects your home – and your finances – from the threats that are most likely to affect you.

Pro tip: Review your policy annually

There’s little time to prepare for a natural disaster, and it’s too late to make changes once a storm is on the radar. Make sure your homeowners insurance includes coverage for the types of disasters common in your area. Standard policies don’t always cover everything, like flood damage, so double-check exclusions and consider add-ons if you need them.

Methodology

Insure.com, with the help of Quadrant Information Services, gathered data for homeowners insurance rates in Eugene for $300,000 dwelling coverage and $100,000 liability coverage with a $1000 deductible. The data presented are those with a good credit tier alignment.

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Shivani Gite

Contributing Writer

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.