Homeowner insurance is one of the most important insurance policies you could ever have, whether you live in Portland or any other part of Oregon. Oregon's pension system protects your future, no matter what your life situation. If you live alone or in a rental home without insurance, you need to work to find a Portland home insurance policy that suits your needs.
Find the best insurance in the Portland area, whether you are taking out homeowner insurance for your home or rental home insurance. Check out our list of providers to get a list of Portland insurance providers and information on buying homeowner insurance in Oregon.
If you're interested in how home insurers compare in all 50 states, read our Best Homeowner Insurance Survey. The table above allows you to sort by the number of home insurance policies that rank in the top 10 percent of all clearance insurance sold in Oregon. Note: This is a list of Portland insurance providers, not the entire list that will appear in a future article in our Portland Portland Home Insurance Guide.
The best way to forget the price you're looking for is to compare the best home insurance policies in Portland. In just a few minutes, you'll have an offer based on what you need for a normal insurance policy in Portland, and that's it.
Our study shows that Nationwide and State Farm are the tipping point - on homeowner insurance in Oregon. Farmers Insurance is a large home contents insurance company that builds on insurance by offering unique protection and benefits to fill a specific niche in the insurance market. There are several types of home insurance in Portland, but this is the most common type of insurance policy available in the market for Portland homes.
Oregon's homeowner insurance is fair at just $574, while the national average is $1,132. Oregon homeowners also pay an average annual premium of $730 and $854 that their neighbors in Idaho and Washington pay. At $643, the average insurance rates for Oregon are a whopping $5 below the national average. We claim that we have one of the highest rates of home insurance in Portland, with an average annual premium of just over $2,000.
However, the actual amount of insurance in Oregon depends largely on a number of factors. While price is a consideration, average Oregon home rates are significantly below the national average - insurance prices - compared to prices in the U.S., while benefits, entitlements and service histories must also be considered. QuoteWizard has studied and compared the rates of the seven leading home insurers currently taking out home insurance policies for Oregon. Our study of insurance costs for homeowners in Oregon included the average annual premium of $1,000 for Portland, $2,500 for Eugene and $3,400 for Salem.
To calculate average rates in Oregon, we looked at the average annual premiums of the seven largest home insurance providers currently insured there. We looked at rates for each of the three major insurance companies in Oregon and the number of policies in each state.
We've reviewed the top ten home insurance deals to find the best companies in Oregon and collected thousands of home insurance offers. Over 1,300 people used QuoteWizard last year to compare their offers to compare coverage prices in each state and zip code. Based on our research, Eagle W. Insurance Company offers the lowest Oregon homeowner rates, averaging $343 a year. In our investigation of the Oregon home insurance market, we compared the price of coverage for each state ZIP code and found that the average price of a Mutual of Enumclaw policy was the cheapest for most customers at $600.
If you want to save on insurance, you should consider buying home or car insurance from the same company. Work with your local insurance agent and don't forget to take out homeowner insurance to get the coverage you need for Oregon home insurance.
To get great insurance deals in Oregon, try NerdWallet's car insurance comparison tool, which offers quotes from some of the state's largest insurers. JMI Auto Insurance in Portland ensures that you are covered by insurance that meets your needs and budget. FREE of obligation for auto insurance quotes, and get instant car insurance rates with instant quotes on the left side of our website.
Note: If you are looking for a occupied home, you can take advantage of traditional homeowner insurance through Liberty Mutual Insurance in Portland. Liberty Mutual also offers policies for prefab homes, single-family homes and apartment buildings.
Water damage is not covered by the usual household contents insurance, so ask your local insurance agent for more information. If you have questions about the renter's insurance in Oregon, Effective Coverage insurance experts are at your disposal. The best way to understand your policy is to read it yourself and ask about it.