Mutual of Enumclaw has the cheapest average rate for homeowners insurance in Oregon at $31 a month. Nationwide has the second-lowest premium at $59 a month. Travelers has the third most affordable average premium in Oregon, at $75 a month.
While all three of these insurers have rates that come in considerably lower than Oregon's average premium, price isn't everything. You want to make sure you're getting the best balance of cost and coverage that you can. We put together this overview of homeowners insurance in Oregon to help you get the best policy at your best price.
In this article
Who are the cheapest home insurance companies in Oregon?
Mutual of Enumclaw has the cheapest average home insurance premium in Oregon of $31 a month. The next-lowest rate comes from Nationwide at $59 a month. Travelers is in third place at $75 a month.
| Company | Monthly rate |
|---|---|
| Mutual of Enumclaw | $31 |
| Nationwide | $59 |
| Travelers | $75 |
| State Farm | $85 |
| USAA | $101 |
| Country Mutual | $108 |
| Farmers | $111 |
| Allstate | $121 |
| American Family | $137 |
| Average rates are based on non-binding estimates provided by Quadrant Information Services. Your rates may vary. | |
How much is home insurance in Oregon?
The state of Oregon has an average home insurance rate of $92 a month. This is 37% cheaper than the national home insurance rate of $144 a month.
Your home insurance rate is based on different factors. These can include:
- ZIP code
- Age of your house
- Marital status
- Claims history
The coverage points that companies offer in their standard home insurance policies are pretty much the same straight across the board. Why the different prices, then? The reason for this is that different insurers put different levels of risk on different factors. For example, one provider may consider the home's age a larger risk than another provider. This is why you should compare quotes from multiple providers before you buy a home insurance policy and is the simplest way to make sure you get the best coverage at the best price.
Compare rates from top homeowners insurance companies
You should also know that the home insurance deductible you choose will also have a bearing on your annual premium. The higher you set your deductible, the lower your rate.
What are Oregon's best homeowners insurance companies?
We found Mutual of Enumclaw, Nationwide and Travelers to be the best choices for home insurance in Oregon. Here's why:
Mutual of Enumclaw: Best local provider
Mutual of Enumclaw has the cheapest rate of the most popular home insurance companies in Oregon at $31 a month. This is less than one-third of the state average rate of $92 a month. It has been providing insurance to the Pacific Northwest for over 120 years and understands the needs of homeowners in the region. If you're looking for both low rates and a home insurer near you, Mutual of Enumclaw is an excellent choice.
Nationwide: Best policy discounts
On top of a low average premium of $59 a month, Nationwide offers many home insurance discounts to bring your rate even lower. Its discount options include:
- New home purchase discount: If you've purchased your home in the last 12 months, you can get a lower rate.
- Bundling: Bundle your home insurance with an auto insurance policy through Nationwide and save money on both policies.
- Roof rating: You can save money based on your roof's age and surface type.
- Claims-free: If you have no claims on your insurance record, it can land you a discount.
Travelers: Best for green homes
Travelers offers the third-cheapest home insurance rate in Oregon, with an average of $75 a month. Also, if you have an eco-friendly home or are planning to renovate to go green, Travelers offers many benefits that can help you save money in the process. These perks include:
- Reimbursement of up to $1,000 towards certification or recertification after filing a claim to meet current green certification requirements.
- A discount if your home has a Leadership in Energy and Environmental Design (LEED) certification.
- Up to $25,000 toward covered debris recycling.
- Up to $10,000 to certify a green home after rebuilding.
Cities and counties in Oregon with the cheapest home insurance
Looking at the most populated cities in Oregon and the insurers with the cheapest rates in the state, Beaverton and Portland get the lowest rate at $28 a month with Mutual of Enumclaw. Gresham, Hillsboro and Salem share second place for cheap rates with Mutual of Enumclaw at $29 a month. Corvallis comes in third in Oregon for most affordable rates at $30 a month, again with Mutual of Enumclaw.
| City | Mutual of Enumclaw | Nationwide | Travelers |
|---|---|---|---|
| Beaverton | $28 | $51 | $73 |
| Bend | $33 | $61 | $74 |
| Corvallis | $30 | $55 | $71 |
| Eugene | $33 | $49 | $70 |
| Gresham | $29 | $56 | $66 |
| Hillsboro | $29 | $49 | $68 |
| Medford | $33 | $53 | $69 |
| Portland | $28 | $54 | $69 |
| Salem | $29 | $54 | $65 |
| Springfield | $32 | $52 | $64 |
| Average rates are based on non-binding estimates provided by Quadrant Information Services. Your rates may vary. | |||
Looking at the most populated counties in Oregon, Multnomah County, Washington County and Yamhill County share first place for cheapest rates with Mutual of Enumclaw at $28 a month. Clackamas County and Marion County come in second for cheapest rates at $29 a month with Mutual of Enumclaw. Linn County has the third-lowest rate for home insurance in Oregon with an average rate of $30 a month.
| County | Mutual of Enumclaw | Nationwide | Travelers |
|---|---|---|---|
| Clackamas | $29 | $56 | $69 |
| Deschutes | $33 | $64 | $74 |
| Douglas | $31 | $58 | $78 |
| Jackson | $33 | $62 | $71 |
| Lane | $32 | $53 | $78 |
| Linn | $30 | $54 | $74 |
| Marion | $29 | $56 | $71 |
| Multnomah | $28 | $55 | $71 |
| Washington | $28 | $52 | $66 |
| Yamhill | $28 | $57 | $66 |
| Average rates are based on non-binding estimates provided by Quadrant Information Services. Your rates may vary. | |||
Methodology
We used Quadrant Information Services to generate thousands of home insurance quotes for every ZIP code in Oregon from the following providers:
- Allstate
- American Family
- Country Mutual
- Farmers
- Mutual of Enumclaw
- Nationwide
- State Farm
- Travelers
- USAA
Our sample home used the following policy specifications:
- $275,000 dwelling coverage (unless otherwise noted)
- $27,500 other structures
- $137,500 personal property
- $55,000 loss of use coverage
- $100,000 liability
- $5,000 medical payments
- $1,000 deductible (unless otherwise noted)
QuoteWizard.com LLC has made every effort to ensure that the information on this site is correct, but we cannot guarantee that it is free of inaccuracies, errors, or omissions. All content and services provided on or through this site are provided "as is" and "as available" for use. QuoteWizard.com LLC makes no representations or warranties of any kind, express or implied, as to the operation of this site or to the information, content, materials, or products included on this site. You expressly agree that your use of this site is at your sole risk.