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.
In Beaverton, homeowners pay an average annual rate of $3,155 for a coverage level that includes $300,000 for dwelling, $100,000 for liability protection, and a $1,000 deductible, according to Insure.com’s rate analysis. This is $651 more than the national average of $2,504.
Homeowners insurance premiums can vary significantly from one property to another. In Beaverton, the cost of home insurance is influenced by several factors, including:
- Size of your home
- Age of your home
- Amount of coverage required
- Location
- Your credit score
It’s crucial to compare quotes from multiple insurers to ensure you get the best homeowners insurance policy. This allows you to find the coverage that meets your specific needs.
Read this guide to discover the monthly homeowners insurance cost in Beaverton, explore the insurance costs for different dwelling coverage, and find out which companies offer affordable home insurance in Beaverton.
Key Takeaways
- Homeowners insurance costs $3,155 per year in Beaverton.
- At $1,727 per year, Allstate offers the cheapest homeowners insurance in Beaverton.
- Your home insurance rates increase by $783 more annually if you increase your dwelling coverage from $200,000 to $300,000.
How much is homeowners insurance in Beaverton per month
Residents of Beaverton pay an average of $263 a month for homeowners insurance, as per Insure.com’s rate analysis. It’s $2 more than the state average of $261 and $54 more than the national average for home insurance across the United States.
The cost of your homeowners insurance policy in Beaverton may change based on location, property value, and selected coverage options.
How much is homeowners insurance for a $200,000 house in Beaverton
In Beaverton, AL, homeowners pay an average of $2,372 annually for a $200,000 home. The annual cost of home insurance is influenced by factors such as the risk of natural disasters in your area.
Regions more susceptible to natural disasters, such as floods, hurricanes, or tornadoes, typically face higher rebuilding costs, leading to increased insurance premiums. It is important to understand that standard insurance policies might not cover damages caused by floods or hurricanes. If you live in a flood-prone area, it is advisable to purchase flood insurance.
How much is homeowners insurance for a $300,000 house in Beaverton
Based on a rate analysis conducted by Insure.com, Beaverton residents pay an average of $3,155 per year to insure a home for coverage limits of $300,000 dwelling, $100,000 liability with a $1,000 deductible. If you plan to increase your dwelling coverage from $200,000 to $300,000, you must pay an additional $783 per year for home insurance.
Buying adequate insurance to cover the entire expense of rebuilding your home is best advisable. However, the amount of dwelling coverage you need may vary depending on your home’s size, amenities, and the cost of living in your area.
How much is homeowners insurance in Beaverton by company
After evaluating several carriers, Allstate is the least expensive homeowners insurance provider in Beaverton. It’s average annual rate for homeowners in Beaverton is $1,727, while Farmers holds the second position.
Researching the insurance company is crucial before selecting a homeowners insurance policy. Our experts have analyzed all insurance providers in Beaverton and compiled a list of the cheapest home insurance providers. Below, you’ll find the home insurance companies in Beaverton and their average annual premiums.
| Home insurance company | Annual rate |
|---|---|
| Allstate | $1,727 |
| Farmers | $3,029 |
| Auto-Owners | $3,113 |
| Country Financial | $3,356 |
| Nationwide | $3,634 |
| State Farm | $3,692 |
| Alfa Corporation | $4,538 |
| USAA* | $2,847 |
TIP
Bundling your home insurance with other policies, like auto insurance, can lead to significant savings. Insurance companies often offer discounts for customers who combine multiple policies. By bundling, you can reduce your premiums and manage your insurance needs with one company.
Common natural disasters in Alabama that may affect home insurance
Living in Alabama comes with the threat of natural disasters, which can cause significant damage to homes and property, often resulting in insurance claims. Understanding which natural disasters are most prevalent in your area is key to choosing the right home insurance policy.
Heat wave, Lightning and Tornado are some of the most common natural disasters in Alabama that could impact your home insurance rates.
How home insurance protects you against natural disasters
Home insurance can provide valuable protection against the financial impact of natural disasters. Standard home insurance policies typically cover damages from fire, windstorms, hail and lightning. However, events such as floods, earthquakes or landslides are often excluded and require purchasing additional policies or endorsements. For example, flood insurance must be purchased separately, as it is not typically covered by a standard home insurance policy.
Home insurance helps pay for home repairs, replacement belongings and temporary living expenses if your dwelling becomes uninhabitable due to damage. The protection offered by home insurance can significantly reduce the financial impact of natural disasters.
Methodology
Insure.com, with the help of Quadrant Information Services, gathered data for homeowners insurance rates in Beaverton for $300,000 dwelling coverage and $100,000 liability coverage with a $1,000 deductible. The data presented are those with a good credit tier alignment.
How much is home insurance in other cities?
Related Articles
- How much is homeowners insurance in Beaverton per month
- How much is homeowners insurance for a $200,000 house in Beaverton
- How much is homeowners insurance for a $300,000 house in Beaverton
- How much is homeowners insurance in Beaverton by company
- Common natural disasters in Alabama that may affect home insurance
- How home insurance protects you against natural disasters
- Methodology