Who Has the Cheapest Homeowners Insurance Quotes in Oregon?

We evaluated homeowners insurance quotes for a sample 2,000 square foot home in 58 cities in the state of Oregon in order to determine which cities had the highest and lowest annual home insurance costs. Based on this sample property, Oregon homeowners pay on average $1,039 per year for home insurance. Home insurance prices in Oregon vary by over 50% between the cities in our study. Below we profile a few cities in the state of Oregon. Read more about our findings, or use our quote tool above to find homeowners insurance quotes in your area.

Cheapest Home Insurance Companies in Oregon

We gathered quotes for our sample home across 58 cities from State Farm, Farmers, Allstate and Nationwide. Quotes from each company were averaged to find which insurance companies had the best home insurance rates in Oregon. The graph below shows the average annual costs to insure our sample home by company alongside the state average:

Best Home Insurance Companies in Oregon

Find the Cheapest Homeowners Insurance Quotes in Your Area

Best Homeowners Insurance Rates in Oregon's Largest Cities

We evaluated homeowners insurance rates across the largest cities in Oregon. Our study implemented control variables to gather quotes that can be compared to one another. On average, homeowners in the ten largest cities pay 15% less than the rest of the state on homeowners insurance. The cost for home insurance in the ten largest cities was an average of $886 per year.

Portland, OR

Portland, the largest city in the state of Oregon, has an approximate population of 584,000. The city is located along the shore of the Columbia River and near the Oregon-Washington border. Portland is often praised for being the first city to create a plan to reduce carbon emissions. The average cost of home insurance in Portland is $879 per year, which is $160 less than the state mean.

Nationwide offered the most affordable home insurance quote in Portland at an annual cost of $652. Farmers, the most expensive insurer in the city based on our study, quoted our sample home an annual cost of $1,225, which is $573 higher than Nationwide. State Farm and Allstate offered home insurance quotes of $743 and $897, respectively.

Cheapest and Best Homeowners Insurance Companies in Portland, Oregon

Eugene, OR

Eugene is the second largest city in the state of Oregon. The city of Eugene is home to the University of Oregon, Eugene Bible College and Northwest Christian University. One third of the city’s residents attended college for at least four years. Residents of Eugene pay an average of $855 for homeowners insurance annually, which is 18% less than the state average.

The most affordable rates in the area were offered by State Farm at $768. The second most affordable rates were offered by Nationwide at $779, which is $11 greater than State Farm’s quote. Farmers, the least affordable insurer in the area, offered a quote of $1,071. All quotes gathered in the area were lower than the state mean, except for the quote provided by Farmers.

Best Homeowners Insurance Rates in Eugene

Salem, OR

Salem is the third most populous city in the state of Oregon. The city is located approximately 48 miles south of Portland. The largest employers in the area include the state of Oregon and Salem Health. The region is well known for its wine industry and production of agricultural goods. Based on our research, the average homeowners insurance quote in the city is $921. Residents of Salem pay 11% less for their homeowners insurance than the state mean.

Nationwide and State Farm offered quotes lower than the state mean at $787 and $800, respectively. The most expensive quote was offered by Farmers at $1,080, which is $41 greater than the state average. Salem is the second most expensive city for home insurance of the 10 largest cities in Oregon.

Quotes from Salem's Best Home Insurance Companies

Gresham, OR

The city of Gresham is located just 14 miles east of Portland and is the fourth largest city in the state. In the past couple of decades Gresham has transformed from a rural community based on farming to an urban area. Gresham benefits from its proximity to the Portland International Airport, which is just 14 miles northwest of the city. The average annual homeowners insurance quote in Gresham is $1,120 per year, which is 8% greater than the state mean.

If you’re looking for affordable home insurance rates in Gresham then we suggest starting with State Farm which quoted our sample home a cost of $766 annually. Farmers offered the least affordable rate at $1,329 per year, which is $563 greater than State Farm. Gresham is in the bottom quartile for affordable home insurance rates in Oregon, ranking at 43rd of the 58 cities in our study.

Gresham’s Best Home Insurance Companies

Hillsboro, OR

Hillsboro, the fifth largest city in Oregon, boasts the state’s largest single site employer in the state of Oregon, Intel. The average crime rate in the city is 157.2 per 100,000 people compared to the national average of 309.3 per 100,000 people. The low crime rate contributes to the affordable home insurance rates in the area. The mean home insurance rate in Hillsboro is $815, which is $224 less than the state average.

Nationwide quoted the least expensive rate in Hillsboro at $657 annually. That is $336 less than the quote of $994 provided by Farmers, the least affordable insurer in the area. Hillsboro offers its residents the fourth most affordable home insurance rates in the state of Oregon.

Best Cheap Home Insurance Companies in Hillsboro

Beaverton, OR

Beaverton is the sixth most populous city in the state of Oregon and is located approximately 7 miles west of Portland. The city has plenty of green space with around 100 parks totaling about 1,000 acres. Beaverton is home to the Beaverton School District, the third largest school district in Oregon, which serves 40,700 students. Residents of Beaverton pay an average home insurance cost of $855.

Farmers and Allstate both quoted our sample home an annual home insurance cost of $855. Beaverton has the eighth most affordable rates for homeowners insurance in the state of Oregon. Residents of Beaverton pay 18% less on average for their home insurance than the state mean.

Cheapest and Best Homeowners Insurance Companies in Beaverton

Bend, OR

Bend is the seventh largest city in the state of Oregon. The first explorers to the area came seeking beavers. However, the city was not founded until settlers arrived with the intention of setting up farmland. Our research found that the average home insurance premium in Bend was $883, which is $156 less than the average in the state of Oregon.

State Farm offered a quote of $756, which is $86 cheaper than the rate of $842 offered by Nationwide. Farmers quoted the least affordable rate at $1,068 annually. Home insurance quotes in Bend varied by $312.

Best Homeowners Insurance Rates in Bend

Medford, OR

Medford, the eighth largest city in Oregon, is located in southern Oregon. The city is bisected by Interstate 5 and is home to Rogue Valley International Airport. We found the mean annual home insurance cost in Medford to be $866. On average, residents of Medford pay 17% less for their home insurance than the rest of the state.

Nationwide offered the lowest quote from the insurance companies sampled at an annual cost of $666. The next most affordable home insurance quote was given by State Farm at $807, which represents a $141 increase from Nationwide’s quote. Medford ranks as the ninth most affordable city in the state of Oregon for home insurance.

Quotes from Medford's Cheapest and Best Home Insurance Companies

Springfield, OR

Springfield was founded in 1885 and serves as the ninth largest city in the state of Oregon. The city's population grew rapidly after World War II. Today major industries in the city of Springfield include healthcare and education. The city has an average homeowners insurance rate that is 24% lower than the state mean. Residents pay an average of $794 a year for homeowners insurance.

Nationwide offered the lowest quote in the city at a cost of $688. The second most affordable homeowners insurance quote gathered was offered by State Farm at $732. Springfield had the third most affordable home insurance rates of all 58 cities in our study within the state of Oregon.

Best Home Insurance Companies in Springfield

Corvallis, OR

Corvallis is the tenth largest city in Oregon and located within 90 minutes of the Portland Metropolitan area. The city is home to Oregon State University, one of the city's top employers. Other top employers include the Good Samaritan Regional Medical Center and Hewlett Packard. Corvallis has an average annual home insurance cost of $875, which is just $164 less than the state average.

Nationwide quoted the cheapest home insurance quote in the area at $698. Farmers offered the most expensive home insurance quote at $1,019, which is $321 greater than Nationwide’s quote. Corvallis ranks as the tenth most affordable city in the state of Oregon for home insurance.

Best Cheap Home Insurance Companies in Corvallis

Least Expensive Homeowners Insurance in Oregon: by City

The graph below shows the five best cities for home insurance of all 58 cities which were part of this study. The cities are listed in order of mean price starting with the lowest average home insurance quote and ascending. The figures in the graph represent the average home insurance rate in each city. Canby is the cheapest city in Oregon for homeowners insurance. Residents pay $740 annually on average, which is $299 lower than the state average.

Top 5 Best Cities in Oregon for Homeowners Insurance

Canby, OR

Canby is the most affordable city in the state of Oregon for homeowners insurance. On average, residents pay 29% less for their homeowners insurance policy than the next most affordable city in Oregon, Keizer. All quotes gathered in Canby were less than the state mean.

Keizer, OR

Keizer offers the second most affordable homeowners insurance rates in the state of Oregon. The mean home insurance quote in the city was $787, which is 24% cheaper than the state average. The most affordable quote in Keizer was offered by Nationwide at $533 annually.

Springfield, OR

Springfield ranks as the third least expensive city in Oregon for homeowners insurance. The average home insurance quote gathered for the city of Springfield was $794, which is $245 less than the state mean. On a percentage basis, this represents a 24% discount.

Hillsboro, OR

Hillsboro offers the fourth most affordable home insurance rates in the state of Oregon. Residents pay on average $815 per year, which is $224 less than the state average. The lowest rate in the city was offered by Nationwide at $657.

Tigard, OR

Tigard is ranked the fifth least expensive city in Oregon for home insurance. On average, residents pay $839 for home insurance, which represents a 19% lower rate when compared to the state mean. On an annual basis, residents save $200 on homeowners insurance versus the state average.

Most Expensive Homeowners Insurance in Oregon: by City

The graph below shows the five most expensive places of all 58 cities which were part of this study. The cities are listed in order of price starting with the highest average rate and descending. The figures listed represent the average home insurance rate in each city. The most expensive city for homeowners insurance was Prineville where our research found an average annual rate of $1,890, which is $852 higher than the state average.

Top 5 Most Expensive Cities in Oregon for Homeowners Insurance

Methodology

We studied 58 cities, spread out geographically all throughout the state of Oregon. The sample home we looked at was built in the year 2000 and had 2,000 square feet. The property cost $200,000 and had an attached garage. Quotes for this home were obtained from State Farm, Farmers, Allstate and Nationwide insurance companies. The rates were then averaged to arrive at an average for each city. To see an alphabetical list of all the cities included in the comparison analysis, please see below. We've displayed all cities from Albany to Woodburn with the average annual cost of insurance for the benchmark property and how much each city costs relative to the statewide average.

RankCityAverage Insurance RateCost Compared to Average
24Albany$974-6%
15Ashland909-12%
53Astoria1,24220%
19Baker City936-10%
8Beaverton855-18%
12Bend883-15%
34Brookings1,0380%
54Burns1,26222%
1Canby740-29%
57Clatskanie1,58553%
13Coos Bay883-15%
10Corvallis875-16%
16Cottage Grove913-12%
23Dallas962-7%
55Enterprise1,30225%
7Eugene855-18%
36Gold Beach1,0521%
45Grants Pass1,1379%
43Gresham1,1208%
26Hermiston990-5%
4Hillsboro815-22%
40Hood River1,0703%
52John Day1,20216%
2Keizer787-24%
48Klamath Falls1,16212%
56La Grande1,53047%
35Lake Oswego1,0491%
42Lakeview1,1137%
49Lebanon1,18614%
28Lincoln City995-4%
38Madras1,0602%
22Mcminnville946-9%
9Medford866-17%
21Molalla942-9%
41Newberg1,0844%
51Newport1,19615%
37Ontario1,0562%
33Oregon City1,032-1%
47Pendleton1,15912%
11Portland879-15%
58Prineville1,89082%
25Rogue River974-6%
20Roseburg939-10%
27Saint Helens994-4%
18Salem921-11%
31Scappoose1,022-2%
46Seaside1,15711%
14Silverton887-15%
50Sisters1,19515%
3Springfield794-24%
6Stayton849-18%
32Sweet Home1,027-1%
30The Dalles1,008-3%
5Tigard839-19%
39Tillamook1,0683%
44Tualatin1,1339%
29Wilsonville1,003-3%
17Woodburn914-12%

Sources:

Oregon Census Data

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