The Best and Cheapest Homeowners Insurance in Oregon

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We compared hundreds of quotes from across Oregon and found that the best homeowners insurance for most people is Travelers Insurance, which offers reliable customer service and a variety of attainable discounts with affordable premiums. While the average cost of home insurance in Oregon is about $1,208, we found that Travelers offered rates 21% below that mark. Read our evaluation of the Beaver State's other top insurers, or use the quote box above this article to connect with an insurance provider near you.

Best homeowners insurance for most people: Travelers

Travelers offers affordable, solid (if conventional) coverage and a number of upgrades.

Read our full review of Travelers

Travelers is the best homeowners insurance for most people in Oregon. The average price of coverage from this company is $950, which is $250 less than the typical cost of insurance in the state. You may also qualify for discounts if you:

  • Bundle multiple policies with Travelers
  • Have a new home
  • Remain loss-free for a period of time that's up to your agent's office
  • Install protective devices
  • Have a home that's certified environmentally compliant by LEED

You can upgrade your Travelers homeowners insurance policy by adding coverage for water backup and sump pump failure, up to $25,000 of identity theft protection and green home coverage that allows you to rebuild using green materials if you suffer a loss. Travelers' website allows you to quickly assess your policy and make these changes before you finalize any purchases.

The buying process takes about 10 minutes as long as you have the necessary information about your home's building materials. Its ease-of-use elevates Travelers above MetLife, which has slightly cheaper prices but an inconvenient online experience.

Best for affordable homeowners insurance: Mutual of Enumclaw

Customers could save more on Enumclaw's cheap policies by bundling with auto insurance coverage

If the price of homeowners insurance is the most important factor to you, Mutual of Enumclaw could be right for you. Protection from this company has an average yearly price of $600. You could use your savings to upgrade your policy with protection from cyber attacks, wildfires and equipment breakdowns, among other offerings based on your local office's location.

Mutual of Enumclaw highlights its Member's Best package for customers who want to insure their cars along with their homes. While you can add endorsements to your joint policy, including enrolling your teen in a driver safety program that could lead to reduced premiums, participation in the Member's Best program comes with:

  • Combined bills and one deductible
  • Roadside services
  • Identity theft management resources
  • Pet injury coverage
  • Child safety seat replacement

Best for local coverage: Oregon Mutual

For no-frills coverage at an affordable price, consider a local insurer in Oregon Mutual.

Oregon Mutual could be a good fit for you if you're looking for homeowners insurance from a company that has a long history in the community. The company's prices are about 28% cheaper than the state's average, and you could save more money by contacting your local insurance office. You can't get a quote without requesting to speak to an agent, but each representative can fill you in on local discounts you may qualify for.

The coverage that you can purchase from Oregon Mutual comes with dwelling and personal property protection, as well as liability coverage and additional living expenses — all typical for most homeowners policies. You can also add protection for valuables, identity fraud and sewer backups, along with any other options your local office offers.

Best for customizable coverage: American Family Insurance

American Family's many resources on home insurance are useful asset for inexperienced buyers.

Read our review of American Family Insurance

If you're looking for an insurance provider that gives you a lot of ways to customize your coverage, you might visit American Family Insurance. Before you finalize your purchase, you can personalize your policy based on your own desired limits. You could also choose to select coverage from among the company's pre-generated plans and add your own endorsements to fit your home. You may upgrade your policy with protection from sump pump failure and service line damages, among others.

Policies from American Family have an average cost of $1,029 per year. You could receive typical discounts from this company, like if you bundle or insure a new home. You may also save by installing smart devices in your house, including video doorbells, leak detectors and motion sensors.

Cheapest options for homeowners insurance in Oregon

While researching Oregon's homeowners insurance market, we compared the prices of coverage across all of the state's ZIP codes and found that the average price of a policy from Mutual of Enumclaw is the cheapest for most customers, at $600. Oregon's average cost of homeowners insurance, which is $1,208, is more expensive than the cost of coverage in the U.S. as a whole ($1,083). Only about 5% of Oregon's ZIP codes had average rates lower than the national average.

The following graph visualizes the costs of the other nine companies in this survey:

Cost

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Homeowners insurance companies with the best and worst customer service in Oregon

To find the company with the best customer service in Oregon, we compared each insurer's score on the complaint index provided by the National Association of Insurance Commissioners (NAIC). The index tracks the amount of complaints an insurer is responsible for given its national market share. We also compared scores that J.D. Power awarded the companies in our study.

In Oregon, we found that customers were most satisfied with the service they received from COUNTRY Financial, MetLife and State Farm. Mutual of Enumclaw also scored very well on the NAIC's complaint index, but due to its small market share means it's difficult to assess how accurately that score reflects the quality of its service.

Although the customers with the least satisfied customers on the NAIC's national index were Oregon Mutual, American Family Insurance and Travelers, customers should still consider these companies. They perform well within the state. Additionally, each of these insurers still receives less than the number of complaints that are typical for similar-sized companies.

Company nameNAIC Value (lower is better)J.D. Power (higher is better)AM Best (financial strength)
State Farm0.184/5A++
Farmers0.373/5A
USAA0.315/55/5
Allstate0.293/5A+
COUNTRY0.123/5A+
American Family0.653/5A
Travelers0.622/5A++
Mutual of Enumclaw0.00N/AN/A
MetLife0.202/5A
Oregon Mutual0.67N/AN/A

Most common homeowners insurance perils in Oregon

Unlike most other states, Oregon isn't susceptible to many unique perils. However, Oregon, like other states on the West Coast, does experience more earthquakes than other parts of the country. According to the Insurance Information Institute, Oregon has the fourth-most earthquake insurance policies in terms of dollars in the country.

Normally homeowners insurance policies don't cover earthquakes. Instead, you have to purchase specific protection for earthquakes. This type of insurance is notoriously expensive, so it could be a good idea to check how prone your area is to earthquakes. Then, to try to save money, you might increase your deductible and inquire about the cost of retrofitting your home to prevent damage from earthquakes.

Additionally, since Oregon is wet and mountainous, it might be a good idea to get special insurance for landslides and mudslides. This type of protection is separate from earthquake protection even though all three relate to the earth's movements. Unfortunately, these distinctions mean you may be underinsured if you live in an area that experiences all three disasters. While not every company sells this particular type of coverage, you can check with Oregon's Department of Insurance to see where this protection is offered.

Oregon's homeowners insurance rates: city-by-city breakdowns

We collected data in the course of this survey that allowed us to provide the costs of homeowners insurance in each of Oregon's cities with more than 10,000. This table shows the average cost of coverage in the state's 60 most populous cities and towns.

CityAverage by cityDifference from statewide average
Portland$1,122-7%
Salem$1,145-5%
Eugene$1,112-8%
Gresham$1,133-6%
Hillsboro$1,052-13%
Beaverton$1,083-10%
Bend$1,155-4%
Medford$1,173-3%
Springfield$1,154-4%
Corvallis$1,098-9%
Aloha$1,040-14%
Tigard$1,060-12%
Albany$1,158-4%
Keizer$1,135-6%
Lake Oswego$1,078-11%
Grants Pass$1,175-3%
Oregon City$1,165-4%
McMinnville$1,177-3%
Redmond$1,155-4%
Tualatin$1,033-14%
West Linn$1,155-4%
Woodburn$1,121-7%
Forest Grove$1,089-10%
Wilsonville$1,076-11%
Newberg$1,090-10%
Roseburg$1,141-6%
Bethany$1,063-12%
Happy Valley$1,103-9%
Hayesville$1,126-7%
Klamath Falls$1,157-4%
Ashland$1,2110%
Milwaukie$1,165-4%
Sherwood$1,063-12%
Altamont$1,142-5%
Central Point$1,157-4%
Canby$1,106-8%
Hermiston$1,2594%
Lebanon$1,134-6%
Cedar Mill$1,064-12%
Pendleton$1,2856%
Dallas$1,198-1%
Oak Grove$1,164-4%
Coos Bay$1,2100%
Troutdale$1,201-1%
The Dalles$1,2766%
St. Helens$1,2201%
La Grande$1,3179%
Cornelius$1,057-12%
Gladstone$1,155-4%
Oak Hills$1,062-12%
Sandy$1,182-2%
Ontario$1,43219%
Damascus$1,151-5%
Newport$1,2262%
Silverton$1,167-3%
Monmouth$1,2060%
Cottage Grove$1,197-1%
Prineville$1,2262%
Independence$1,123-7%

Our data shows that costs can vary by a significant margin even within a single state. If you need more information, our other articles go into greater detail about the typical cost of insuring residential property in the U.S.

Methodology

This survey of homeowners insurance costs in Oregon includes estimates from 10 of the state's largest insurance providers. For each company, we collected quotes from every ZIP code in the state. The property we used to generate each quote was built in 1979, Oregon's median building year. Our policies were insured to $120,000, the median value of owner-occupied homes in the state. We included these insurers in our study:

  • State Farm
  • Farmers Insurance Exchange
  • USAA Casualty Insurance Co.
  • Allstate Vehicle & Property Insurance Co.
  • COUNTRY Mutual Insurance Co.
  • American Family Mutual Insurance Co.
  • Travelers Home and Marine Insurance Co.
  • Mutual of Enumclaw Insurance Co.
  • Metropolitan P&C Co.
  • Oregon Mutual Insurance Co.

Due to technical limitations, we were forced to exclude:

  • Liberty Mutual
  • Nationwide, Hartford
  • United Heritage Insurance
  • Chubb
  • Progressive
  • PEMCO
  • Amica

ValuePenguin's analysis used insurance rate data from Quadrant Information Services. These rates were publicly sourced from insurer filings and should be used for comparative purposes only — your own quotes may be different.

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