The Best 4 Homeowners Insurance Companies in Oregon

Located in the Pacific Northwest, Oregon has a low risk of natural disasters. As a result, the Beaver State is one of the cheapest states for homeowners insurance. The average annual premium is just $643, which is $585 less (48 percent) than the national average of $1,228, according to Insurance.com.

Although Oregon insurance rates are typically low, you should still do your research to determine what specific coverage you need and can afford for your home. We’ve outlined the top providers for cheap Oregon homeowners insurance below and included a quote tool so you can compare policies and prices to get the most bang for your buck.

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    In this article

      Our Top Picks for Homeowners Insurance in Oregon

      Allstate

      Allstate offers premium discounts for new customers and retirees, as well as for bundling policies, insuring new or recently renovated homes and adding safety features to your dwelling.

      J.D. Power Rating
      3/5
      AM Best Rating
      A+
      Standard & Poor’s
      AA-
      SimpleScore
      4.4 / 5.0
      close
      SimpleScore Allstate 4.4
      Discounts 4
      Coverage Options 5
      Customer Satisfaction 3
      Support 5
      Accessibility 5

      If you’re looking for a cheap policy with loads of perks, Allstate is a great option. Not only does Allstate provide standard coverage for every type of dwelling, the company also offers add-on protections to insure the things that matter most to you. With an Allstate policy, you can choose additional coverage for musical instruments, sports equipment, jewelry and even online data — so you can have peace of mind knowing your valuables are safe. Umbrella liability policies also can be tied to your homeowners insurance.

      Where Allstate rises above its competitors, however, is in the online and mobile resources available to customers. The online portal offers exclusive articles, tips and videos to help answer any questions you may have pertaining to homeownership. Allstate’s Premium Gauge tools allow you to see how different variables, like the age of your home or installing a fire alarm, impact your premium amount. The Home Inventory tool helps you keep track of your covered possessions to eliminate the guesswork if you must file a claim. If you need to manage your policy, the Allstate mobile app allows you 24/7 access to do so.

      American Family

      American Family Insurance is a popular choice for Oregon homeowners because it provides some of the cheapest policies available with numerous unique coverage options.

      J.D. Power Rating
      3/5
      AM Best Rating
      A
      Standard & Poor’s
      A
      SimpleScore
      4 / 5.0
      close
      SimpleScore American Family 4
      Discounts 4
      Coverage Options 5
      Customer Satisfaction 3
      Support 4
      Accessibility 4

      A standard policy from AmFam protects your home from property damage caused by fire, smoke, vandalism, theft, hail and lightning. Add-on coverages include personal liability and injury protection, as well as benefits for home business owners, such as those running day care centers or operating home offices.

      American Family extends discounts to loyal customers who have stayed with the company for five years or longer, as well as to any customers who have been claim-free for at least six years. Other premium discounts include those for various policy bundles, home security and fire protection device installation, retirees, newer homes and homes with impact-resistant roofs. They even offer discounts for getting on an autopay program and being a second-generation customer.

      Check out the AmFam website to see which discounts you may be eligible for and visit its Learning Center for additional home protection resources and tools.

      State Farm

      State Farm provides coverage options for just about every type of dwelling — including single-family homes, condos, manufactured homes, and farms and ranches. Keep in mind, however, that State Farm issues coverage on a case-by-case basis if your Oregon home is older than average.

      J.D. Power Rating
      3/5
      AM Best Rating
      A++
      Standard & Poor’s
      AA
      SimpleScore
      4 / 5.0
      close
      SimpleScore State Farm 4
      Discounts 2
      Coverage Options 5
      Customer Satisfaction 3
      Support 5
      Accessibility 5

      In addition to broad coverage, State Farm offers customers a wealth of information and assistance via its online and mobile resources. You can manage your policy and pay your bill using State Farm’s mobile app; use the HomeIndex tool to keep an inventory of your valuables; and navigate through difficult financial decisions using one of State Farm’s many calculator tools. To make replacement of your things as easy as possible, State Farm lets you create and keep a digital room-by-room inventory, and you can send it to your insurance agent.

      While coverage purchased through State Farm is typically inexpensive and there are standard discounts available for premiums, certain price breaks that are common to other providers are not offered. State Farm does not provide discounts for new homes or those that have been recently renovated, so if you fall into that category, we’d suggest using the quote tool to compare policies with another provider before making a final decision.

      Safeco

      Safeco isn’t as widely available as some of its competitors, but the company offers some of the cheapest rates and flexible policy options in Oregon

      J.D. Power Rating
      3/5
      AM Best Rating
      A
      Standard & Poor’s
      N/A
      SimpleScore
      4 / 5.0
      close
      SimpleScore Safeco 4
      Discounts 2
      Coverage Options 5
      Customer Satisfaction 3
      Support 5
      Accessibility 5

      With Safeco, if you bundle your home and auto policies, you not only receive a discount on your premium, you also can take advantage of the single-loss deductible option in the event that your vehicle and home get damaged in the same incident. This means that once you’ve satisfied your deductible payment on your homeowners insurance policy, you are exempt from paying the deductible on your auto policy.

      Safeco also offers different payment installment options, which is a convenient feature for customers who receive irregular paychecks. In addition to standard policies, Safeco offers add-on coverage options like identity theft protection for an additional $1 per month, and equipment breakdown coverage, which replaces any covered appliance with an Energy Star-rated version for an additional $2 per month. If your belongings covered under your policy are damaged while they are away from home, they are still covered.

      Safeco’s Do More is another notable feature offered to customers. This online resource center allows you to take a home inventory, determine the proper amount of coverage for the specific conditions of your home, and prevent disaster from happening by offering safeguarding tips and precautions.

      How much is homeowners insurance in Oregon?

      The $643 average insurance rate for Oregon is a full $585 less than the national average. This average rate will differ based on which part of the state you live in and the cost of living there, the value of your home relative to the average home price, and more. Different cities will have different rates based on inherent risk.

      Find the Best Home Insurance in Oregon

      Save money on home insurance with our simple comparison tool.

      Matching you with providers.
      We found results in
      Click at least 2-3 companies to find the very best rate.

        America’s top-rated home insurance

        • Policies starting at just $25/month
        • Sign up in seconds, claims paid in minutes
        • Zero hassle, zero paperwork

        Oregon Rate Factors

        The temperate weather in Oregon keeps overall insurance rates lower than in other parts of the country. That doesn’t mean that the state is free from catastrophes. While Oregon doesn’t get massive amounts of snow and ice on its temperate west side, the eastern side of the state can get large winter snowfalls. The Cascades mountain range, in particular, is known snowy, icy winters. Wildfires are a common occurrence in this tree-lined state, particularly on the drier eastern front. Flooding can occur, but much of the state is free from major flood events. Earthquakes and volcanoes are possible here, as well.

        For more information on insuring your home, take a look at our guide to homeowners insurance or browse our insurance archives.

        Methodology

        SimpleScore

        The SimpleScore is a proprietary scoring metric we use to objectively compare products and services at The Simple Dollar.
        For every review, our editorial team:

        • Identifies five measurable aspects to compare across each brand
        • Determines the rating criteria for each aspect score
        • Averages the five aspect scores to produce a single SimpleScore

        Here’s a breakdown of the five aspect scores and their rating criteria for our reviews on home insurance.

        Why do some brands have different SimpleScores on different pages?

        To ensure the SimpleScore is as helpful and accurate as possible, we developed unique criteria for every category we compare at The Simple Dollar. Since most brands offer a variety of financial solutions, their products and services will score differently depending on what we’re scoring on a given page.

        However, it’s also possible for the same product from the same brand to have multiple SimpleScores. For instance, if we compare State Farm’s home insurance according to our criteria for the best home insurance, it scores a 3.8 out of 5. But when we compare State Farm according to the criteria for the best auto insurance, it scores higher, since the features the company offers can vary by the type of insurance.

        Discounts

        We looked at the number of discounts each company offers – more discounts mean a higher score.

        Coverage Options

        We awarded higher scores to the companies that offer more coverage options.

        Support

        We awarded higher scores to companies with the most channels for customer support.

        Customer Satisfaction

        We leveraged the J.D. Power 2019 Home Insurance Satisfaction Study℠ to see how customers rated their experience with each company. (If a company wasn’t included in J.D. Power’s study, we skipped this aspect and averaged the four remaining aspect scores.)

        Accessibility

        We looked at the level of accessibility of each company – the more resources they have the higher their score