Question 1

Is Homeowners Insurance Required in Oregon?

Accepted Answer

No, the state of Oregon does not technically require homeowners insurance by law. However, most mortgage companies and lenders will require you to purchase it as a condition of your loan.

Question 2

What Does Homeowners Insurance in Oregon Cover?

Accepted Answer

Under most insurance policies, home insurance coverage in Oregon includes the following key things:

Dwelling coverage: This will help pay for the repair of the physical structure — and attached structures like garages — of your home as long as it’s a “covered hazard.”
Personal property coverage: This helps cover damages and replacement costs to your personal belongings, like clothing or furniture.
Personal liability coverage: This protects against any damages or injuries sustained by others that you or your household are responsible for.
Loss of use: This helps pay for any expenses you take on should you not be able to live in your home due to things like fire damage, etc.
Wind/hail and hurricane damage: Depending on where you live, you may be able to opt-out of this coverage if you participate in your state’s FAIR insurance plan for high-risk areas.
Medical payments: This helps protect you if someone is injured on your property. Bills are paid up to your policy’s limit, whether you’re legally responsible for the accident or not.

As always, shop around and make sure to ask insurance agents what is included in basic coverage plans and what additional coverages cost more to include.

Question 3

Which Additional Coverages Are Recommended in Oregon

Accepted Answer

When shopping around for insurance quotes, it’s important to ask specific questions on what may — or may not — be included in your standard policy. In a state prone to floods, landslides, severe storms, earthquakes, and wildfires experts usually recommend the following coverage types:

Flood damage insurance: Over the next 30 years, 23% of all properties in Oregon have more than a 26% chance of being severely affected by a flood. Flooding is not covered by home insurance as flood coverage requires a separate policy so you will likely be required to purchase a separate flood insurance policy from either a private flood insurer or the National Flood Insurance Program if your home is in a high-risk zone.
Fire insurance: In 2021, Oregon experienced 806 wildfires down nearly 20% from the 10-year average. That said, the state is prone to wildfires with large stretches of Central, Eastern and Southern Oregon land in the red “extreme” risk category. While most standard insurance policies will cover fire damage, it’s important to understand exactly what this entails. As always, we recommend doing everything you can as a homeowner to prevent wildfires.
Landslide and earthquake insurance: There are over 1,000 earthquakes over magnitude 1.0 in Washington and Oregon every year. Like flooding, landslides are not covered by homeowners insurance policies so you'll need to purchase a Difference in Conditions policy which can be used to cover flooding, landslides, earthquakes and more.

It’s worth noting that insurance companies sometimes deny coverage if your home is in a particularly high risk area. There are some options in Oregon should you fall into that bucket:

Oregon FAIR Plan: Though this is much more limited, it provides basic wind, hail, and fire insurance to high-risk homeowners.
National Flood Insurance Program (NFIP): Administered by FEMA, this plan helps provide insurance to reduce the impact of floodwater in high-risk areas.

Question 4

How Do I File a Complaint?

Accepted Answer

Contact the Oregon Department of Consumer and Business Services at 888-877-4894 or file a complaint online.

Question 5

How Do I Get Homeowners Insurance in Oregon

Accepted Answer

The first step in selecting a homeowners policy is getting a home insurance quote. Many insurers offer quotes online, but for those that don't, you may need to call some agencies directly or contact a local agent. To get a quote, you’ll likely need to provide some basic information about your house, any unique features, and when your roof was last replaced.

In addition, you’ll likely also need to provide some personal information, like your date of birth and information about any co-owners of the home. Once you’ve gathered home insurance rates from multiple companies, you can compare the options and decide what coverage options and price points are best for you. From there, you will need to sign an application and make at least the first month’s payment on your policy to obtain coverage.

Zip Code	City	Average Annual Rate
97917	Creston and Riverside	$1,4941494 out of 1494
97902	Arock	$1,4491449 out of 1494
97710	Fields	$1,4381438 out of 1494
97722	Diamond	$1,4161416 out of 1494
97914	Ontario, Ontario Heights, Annex and Cairo	$1,4051405 out of 1494
97904	Drewsey, Van and Frost Mill	$1,3861386 out of 1494
97911	Juntura and Beulah	$1,3811381 out of 1494
97407	Allegany	$1,3801380 out of 1494
97040	Mosier	$1,3781378 out of 1494

The Best Homeowners Insurance in Oregon [2023]

Contents

Average Cost of Homeowners Insurance in Oregon

Oregon Homeowners Insurance Rates by City

The Best Homeowners Insurance in Oregon

State Farm

Allstate

American Family

Farmers

USAA

Cheapest Homeowners Insurance in Oregon

Find Cheap Homeowners Insurance in Your Area

FAQs

How to Reduce Homeowners Insurance Costs in Oregon

Oregon Insurance Options In Your City