The Best and Cheapest Home Insurance Companies in Oregon (2026)
Grange typically has the cheapest homeowners insurance in Oregon, at $875/yr, on average. | ||
Home insurance in Oregon costs an average of $1,353/yr, making it the 7th-cheapest state in the country. | ||
Homeowners in cities with a high wildfire risk tend to pay more for insurance, with average rates as high as $2,296/yr. |
Find Cheap Home Insurance Quotes in Oregon
Who has the best cheap home insurance in Oregon?
Who has the cheapest home insurance in Oregon?
Grange and State Farm have the cheapest homeowners insurance quotes in Oregon.
Find Cheap Home Insurance Quotes in Oregon
- Grange typically has the cheapest rates in Oregon, at an average of $875 per year for a policy with $350,000 of dwelling coverage. It's also the most affordable for even lower-priced homes, at $516 per year for a policy with $200,000 of dwelling coverage.
- State Farm offers the lowest rates for expensive homes across the most dwelling coverage levels in Oregon. A policy with $500,000 of dwelling coverage costs $1,098 per year at State Farm, while $1 million in coverage costs around $1,629 per year.
- State Farm also has the cheapest rates in Portland, at around $1,267 per year for $350,000 of dwelling coverage.
Cheap home insurance quotes in Oregon by dwelling coverage limit
$200,000
$350,000
$500,000
$1 million
Company | Annual rate | ||
|---|---|---|---|
| Grange | 4.5 out of 5 | $516 | |
| State Farm | 3.5 out of 5 | $679 | |
| Nationwide | 4.3 out of 5 | $919 | |
| Allstate | 3.3 out of 5 | $965 | |
| California Casualty | 2.8 out of 5 | $973 |
| Farmers | 2.0 out of 5 | $977 | |
| American Family | 2.3 out of 5 | $1,065 | |
| Mutual of Enumclaw | 3.5 out of 5 | $1,092 | |
| Country Financial | 2.5 out of 5 | $1,389 | |
| USAA | 4.5 out of 5 | $766 | |
Key takeaways
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Home insurance rates in Oregon went up by around 4% in 2025. That's a very small increase compared to the nearly 17% rate hike Oregon homeowners saw in 2023 and the 10% increase in 2024.
This could be because Oregon experienced only one natural disaster that caused over $1 billion in damage in 2024, a mid-January northwest winter storm. In comparison, Colorado had six billion-dollar disasters in 2024, and it saw home insurance rates increase by nearly 17% in 2025.
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State Farm has some of the cheapest home insurance rates in Oregon, and it also had one of the smallest rate increases in the state over the last five years. Between 2021 and 2025, State Farm raised home insurance rates by just 30% across Oregon. On the other hand, Allstate raised rates by 85% over the same time period.
That shows why it's so important to shop around for home insurance quotes each year. The cheapest company for you today may not be the best choice a year from now.
- Although Oregon has a reputation as a wildfire-prone state, wind causes more damage to Oregon homes than fires. Homeowners insurance typically covers wind damage. But it's important to take preventive measures to help protect your home, such as inspecting your roof regularly and trimming tree branches that could fall on your home in a severe storm.
Best homeowners insurance in OR for most people: Grange
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Annual cost$875Average rate for a $350,000 home
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Monthly cost$73Average rate for a $350,000 home
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Customer complaints Average
Best customer service in OR: Nationwide
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Annual cost$1,401Average rate for a $350,000 home
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Monthly cost$117Average rate for a $350,000 home
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Customer complaints Low
Best Oregon homeowners insurance for wildfire protection: Mutual of Enumclaw
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Annual cost$1,369Average rate for a $350,000 home
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Monthly cost$114Average rate for a $350,000 home
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Customer complaints Low
Top-rated home insurance companies in Oregon
USAA offers the best combination of affordable rates and excellent customer service for Oregon homeowners.
However, USAA policies are only available to current military members, veterans, and children or spouses of USAA members.
Grange and Nationwide are also very well-rated. Grange's high score is mostly due to its very cheap rates and great coverage options, while Nationwide's rating is bolstered by its reliable customer service.
Company |
Rating
|
Complaints
|
|---|---|---|
| USAA | 4.5 out of 5 | Low |
| Grange | 4.5 out of 5 | Average |
| Nationwide | 4.3 out of 5 | Low |
| Mutual of Enumclaw | 3.5 out of 5 | Low |
| State Farm | 3.5 out of 5 | Average |
| Allstate | 3.3 out of 5 | Average |
| California Casualty | 2.8 out of 5 | Average |
| Country Financial | 2.5 out of 5 | Low |
| American Family | 2.3 out of 5 | High |
| Farmers | 2.0 out of 5 | Average |
How much is homeowners insurance in OR?
The average cost of home insurance in Oregon is $1,353 per year, or $113 per month.
That's roughly 43% cheaper than the national average, making Oregon the seventh-cheapest state in the country for home insurance.
Average cost of home insurance in Oregon
Dwelling coverage | Average rate |
|---|---|
| $200,000 | $934 |
| $350,000 | $1,353 |
| $500,000 | $1,829 |
| $1,000,000 | $3,295 |
Keep in mind that your home insurance rates will differ depending on where you live in Oregon. Larger cities like Portland, Hillsboro, Gresham, Corvallis, Eugene and Salem have rates below the Oregon state average.
Cost of OR home insurance by city
Corvallis, home to Oregon State University, has the cheapest home insurance rates in Oregon.
Homeowners in Corvallis pay an average of $1,208 per year for a policy with $350,000 of dwelling coverage.
The most expensive home insurance rates can be found in Mosier, a small town of fewer than 500 residents directly on the Columbia River. The average cost of home insurance in Mosier is $2,296 per year.
Grange has the cheapest homeowners insurance in 57% of cities and towns across Oregon, including Salem and Eugene. State Farm has the most affordable rates in the remaining 43%, which includes Portland.
Find Cheap Home Insurance Quotes in Oregon
Average cost of Oregon home insurance by city
City | Average rate | Cheapest company | Cheapest rate |
|---|---|---|---|
| Adams | $1,538 | State Farm | $1,081 |
| Adel | $1,686 | State Farm | $901 |
| Adrian | $1,540 | State Farm | $901 |
| Agness | $1,534 | Grange | $658 |
| Albany | $1,278 | State Farm | $790 |
| Allegany | $1,388 | Grange | $658 |
| Aloha | $1,278 | State Farm | $824 |
| Alsea | $1,267 | State Farm | $829 |
| Altamont | $1,449 | State Farm | $974 |
| Alvadore | $1,283 | Grange | $614 |
| Amity | $1,336 | Grange | $890 |
| Antelope | $1,620 | State Farm | $901 |
| Arch Cape | $1,458 | Grange | $658 |
| Arlington | $1,567 | State Farm | $901 |
| Arock | $1,523 | State Farm | $901 |
| Ashland | $1,439 | Grange | $803 |
| Ashwood | $1,853 | State Farm | $901 |
| Astoria | $1,372 | State Farm | $799 |
| Aumsville | $1,330 | Grange | $833 |
| Aurora | $1,257 | Grange | $833 |
| Azalea | $1,519 | Grange | $803 |
| Baker City | $1,521 | State Farm | $1,125 |
| Bandon | $1,325 | Grange | $658 |
| Banks | $1,345 | Grange | $890 |
| Barview | $1,343 | Grange | $658 |
| Bates | $1,988 | State Farm | $901 |
| Bay City | $1,368 | State Farm | $848 |
| Bayside Gardens | $1,403 | Grange | $882 |
| Beatty | $1,603 | State Farm | $901 |
| Beaver | $1,372 | Grange | $882 |
| Beavercreek | $1,376 | Grange | $760 |
| Beaverton | $1,276 | State Farm | $820 |
| Bend | $1,552 | State Farm | $986 |
| Bethany | $1,261 | State Farm | $817 |
| Blachly | $1,356 | Grange | $888 |
| Black Butte Ranch | $1,913 | Grange | $1,169 |
| Blodgett | $1,289 | Grange | $830 |
| Blue River | $1,522 | Grange | $830 |
| Bly | $1,623 | State Farm | $901 |
| Boardman | $1,510 | State Farm | $923 |
| Bonanza | $1,568 | Grange | $1,031 |
| Boring | $1,370 | Grange | $760 |
| Bridal Veil | $1,451 | Grange | $760 |
| Bridgeport | $1,496 | State Farm | $901 |
| Brightwood | $1,436 | Grange | $760 |
| Broadbent | $1,360 | Grange | $658 |
| Brogan | $1,648 | State Farm | $901 |
| Brookings | $1,450 | Grange | $658 |
| Brothers | $1,583 | State Farm | $901 |
| Brownsville | $1,317 | Grange | $830 |
| Bunker Hill | $1,307 | Grange | $658 |
| Burns | $1,583 | State Farm | $1,009 |
Rates are for a policy with $350,000 of dwelling coverage.
What home insurance coverages do I need in Oregon?
Oregon homeowners need to make sure their homes are properly protected against damage from wind, earthquakes, landslides and wildfires. The state also has a very high property crime rate, so it's important to ensure you have enough coverage for your belongings.
Does Oregon home insurance protect against wind damage?
Homeowners insurance almost always pays for wind damage.
However, your insurance policy may have a separate, higher wind deductible if you live near the coast. This deductible is typically a percentage of your dwelling coverage limit, usually between 2% and 5%.
Wind causes more damage to Oregon homes than any other type of damage. In the last five years, wind has caused more than $3.6 billion in property damage across the state.
Does homeowners insurance in Oregon cover earthquakes?
Homeowners insurance doesn't typically cover earthquakes and landslides. You'll need to buy separate policies to protect against these hazards.
The western portions of Oregon have a higher risk of earthquakes compared to the eastern part of the state, while landslides and mudslides occur most frequently in hilly and mountainous areas.
Does home insurance pay for wildfire damage in Oregon?
Most homeowners insurance policies cover wildfires. However, it's a good idea to check before you buy since some companies might not offer coverage in high-risk areas.
The Oregon counties with the greatest number of buildings with high to extreme risk of wildfire damage are:
- Wheeler
- Grant
- Josephine
- Wallowa
- Union
Consider Mutual of Enumclaw if you live in a part of Oregon prone to wildfires.
Mutual of Enumclaw is unique among Oregon homeowners companies in that customers have access to a private team of firefighters. This service comes standard with a regular homeowners policy at no extra cost to you.
Does Oregon homeowners insurance cover theft?
Homeowners insurance almost always covers theft and other property crimes, such as vandalism or arson.
Oregon homeowners should take extra steps to protect their homes against theft, such as installing a monitored alarm system or video cameras. This helps reduce your chances of filing an insurance claim and may earn you a discount.
Oregon has the fourth-highest property crime rate in the nation. There were 2,388 property crimes per 100,000 residents in Oregon in 2024, compared to 1,760 nationally.
Additionally, Portland has the fifth-highest property crime rate compared to other large cities across the U.S. Portland residents experienced 5,526 property crimes per 100,000 people in 2024, which is nearly double the average rate in large cities across the country.
Tips to get cheaper home insurance in Oregon
You can save on your Oregon homeowners policy by comparing rates, taking advantage of discounts and raising your deductible.
Compare rates from different companies
One of the easiest ways to save money on your homeowners policy is to compare quotes from different companies. For example, you could save $1,282 per year simply switching from Country Financial to Grange.
Remember that cost is just one factor to consider when buying home insurance. When comparing two or more companies, you should always consider other relevant information like customer satisfaction, extra coverage options and available discounts.
Take advantage of discounts
When shopping for homeowners insurance in Oregon, it's important to remember you won't always pay your quote price. That's because most companies offer several different discounts that you can take advantage of.
These range from claims-free discounts and price breaks for new homeowners to bundling discounts that let you save when you buy more than one type of insurance through that company.
It's important to take discounts into account when comparing quotes because a company with average prices but steep discounts can often beat out a company with low prices but few discounts.
Consider raising your deductible
You can usually lower your monthly rate by raising your deductible. This is one of the easiest and most straightforward ways to save on your homeowners policy. However, it's also one of the riskiest since you're responsible for paying your deductible out of pocket.
Make sure you have enough money in your savings account to pay for your deductible without otherwise causing you financial hardship.
Surging Oregon home insurance costs
Home insurance prices are up 54% in Oregon over the last five years.
Oregon homeowners experienced a major spike in their home insurance costs in 2023, with prices jumping nearly 17%. Prices started to settle a bit in 2025, with a smaller increase of just over 4%.
Home insurance rate increases in Oregon, 2021–2025
Year | Rate increase |
|---|---|
| 2021 | 5.20% |
| 2022 | 9.94% |
| 2023 | 16.67% |
| 2024 | 10.09% |
| 2025 | 4.01% |
Home insurance rate change data was compiled using RateWatch from S&P Global, which uses information from the National Association of Insurance Commissioners (NAIC).
Liberty Mutual and Allstate had the biggest rate hikes between 2021 and 2025. Both companies raised rates by just over 85%
In contrast, State Farm and Chubb had the smallest rate increases at just over 30%.
Frequently asked questions
How much is home insurance in Portland, OR?
The average cost of homeowners insurance in Portland is $1,267 per year. That's 6% less than the Oregon state average. Portland homeowners can find the cheapest insurance at State Farm, where a policy costs around $808 per year, which is a savings of around 40% compared to the state average.
What is the average cost for homeowners insurance in Oregon?
Oregon home insurance costs an average of $1,353 per year for a policy with $350,000 of dwelling coverage. However, that price will change based on how much coverage you need, where you live, the size and age of your home, and many other factors. For instance, a policy with $1 million of dwelling coverage costs an average of $3,295 per year in Oregon.
What is the best home insurance in Oregon?
Grange offers the best combination of affordable rates and helpful coverage options for most Oregon residents. However, Nationwide tends to have better customer service reviews. And you should consider State Farm if you have a high-value house, since it offers more competitive rates for higher levels of coverage.
Is insurance cheaper in Oregon or Washington?
Home insurance is typically cheaper in Oregon than in Washington. The average cost of home insurance in Oregon is $1,353 per year, while the same policy in Washington costs around $1,560 per year. That's a difference of $207 per year.
Methodology
Quotes were taken from every zip code in Oregon for 10 of the largest home insurance companies in the state. Quotes are for a 45-year-old married man with no prior insurance claims. Rates are for a 1,946-square-foot home built 45 years ago, based on the average home age and size in Oregon.
- Dwelling coverage: $200,000, $350,000, $500,000 or $1 million
- Personal liability: $100,000
- Medical payments: $1,000
- Deductible: $1,000
Cost data came from Quadrant Information Services which were publicly sourced from insurance company filings. These figures are intended for comparative purposes only.
Company quality ratings were created using complaint data from the National Association of Insurance Commissioners (NAIC), the J.D. Power customer satisfaction survey, and ValuePenguin's ratings.
Sources
About the Author
Senior Writer
Lindsay Bishop is a Senior Writer at ValuePenguin, where she educates readers about home, auto, renters, flood and motorcycle insurance.
Lindsay began her career in the insurance and financial industry in 2010. She was a licensed auto, home, life and health insurance agent and held Series 6 and 63 financial licenses.
After a hiatus from the financial sector, Lindsay returned to the industry as a content writer for ValuePenguin in 2021. She enjoys having the opportunity to help readers make smart decisions about their insurance so they can be prepared for anything life throws their way.
When Lindsay isn't writing about insurance, you can find her spending time with family, enjoying the outdoors on Sunday long runs or riding her Peloton.
How insurance helped Lindsay
As a homeowner for 15 years located in South Carolina, Lindsay has plenty of experience navigating the coastal insurance market and managing the claims process. That includes successfully negotiating a full roof replacement claim.
Expertise
- Home insurance
- Car insurance
- Flood insurance
- Renters insurance
- Motorcycle insurance
Referenced by
- CNBC
- Yahoo Finance
- Miami Herald
Education
- BS/BA Economics, University of Nevada Las Vegas
Editorial Note: The content of this article is based on the author's opinions and recommendations alone. It has not been previewed, commissioned or otherwise endorsed by any of our network partners.
