Best home insurance company in Oregon: State Farm
The best home insurance company in Oregon for 2026 is State Farm. Allstate, American Family, and Country Financial are also among the top home insurance companies in Oregon based on price, NAIC complaints, and AM Best financial ratings.
The total Insurance.com score is calculated out of five using these factors.
Cheapest home insurance company in Oregon: State Farm
According to an Insurance.com rate analysis, State Farm has the most affordable rates for Oregon home insurance across all coverage levels. Below are Oregon home insurance rates by company for five different levels of dwelling coverage, each with $300,000 in liability and a $1,000 deductible.
| Company | $200,000 | $300,000 | $400,000 | $600,000 | $1,000,000 |
|---|---|---|---|---|---|
| Allstate | $1,390 | $1,619 | $1,902 | $2,576 | $4,108 |
| American Family | $1,439 | $1,877 | $2,281 | $3,017 | $4,165 |
| Country Financial | $2,040 | $2,721 | $3,395 | $4,787 | $6,967 |
| Farmers | $1,434 | $1,985 | $2,622 | $3,963 | $6,670 |
| Nationwide | $1,283 | $1,692 | $2,099 | $3,054 | $4,476 |
| State Farm | $1,087 | $1,344 | $1,561 | $1,949 | $2,515 |
| USAA | $1,027 | $1,246 | $1,440 | $1,777 | $2,192 |
*USAA only provides coverage to military members, veterans, and their families.
Average home insurance cost in Oregon
The average cost of homeowners insurance in Oregon is $1,647 a year or $137 a month. This is based on coverage of:
- $300,000 dwelling
- $300,000 liability
- $1,000 deductible.
However, the average annual premium varies by insurance company, ZIP code, coverage type, and your home's age, among other factors. It’s a good idea to compare price quotes from Oregon homeowners insurance companies to get the best deal.
Oregon home insurance rates by ZIP code
Home insurance rates can vary widely depending on where the home is located. We compared home insurance rates by ZIP code in Oregon to see which areas are the most and least expensive.
The most expensive ZIP codes in Oregon for home insurance
Oregon homeowners insurance rates are the most expensive for ZIP code 97730, with an average annual cost of $2,308.
Enter your ZIP code and desired coverage level in the search box to see that area's average home insurance rate. You will also see the highest and lowest premiums from major home insurers. Comparing home insurance rates will give you an idea of how much you can save.
The most expensive ZIP codes in Oregon are:
| City | ZIP code | Average Annual Premium |
|---|---|---|
| Camp Sherman | 97730 | $2,308 |
| Maupin | 97037 | $2,306 |
| Sisters-Millican | 97759 | $2,226 |
| Warm Springs | 97761 | $2,185 |
| Ashwood | 97711 | $2,178 |
| Bates | 97817 | $2,150 |
| Mitchell | 97750 | $2,137 |
| Huntington | 97907 | $2,129 |
| Fossil | 97830 | $2,098 |
| Sisters-Millican | 97739 | $2,095 |
Home insurance calculator by ZIP code
Average home insurance rates in TexasMost & least expensive ZIP codes for homeowners insurance in Texas
| ZIP code | City | Highest rate |
|---|---|---|
| 77550 | Galveston | $10,407 |
| 77554 | Galveston | $9,754 |
| 77551 | Galveston | $9,634 |
| 77590 | Texas City | $9,005 |
| ZIP code | City | Lowest rate |
|---|---|---|
| 79915 | El Paso | $1,158 |
| 79905 | El Paso | $1,169 |
| 79907 | El Paso | $1,179 |
| 79916 | Fort Bliss | $1,180 |
The Oregon Division of Financial Regulation says...
Insurance premiums must always bring in enough money to pay for all of the risk that the company insures. If the insurance company insures 1,000 people in Oregon, it must have enough money to pay for all the claims filed by all of those people, whether 10, 20, 100, or 300 of them make claims in a given year. To understand your premium, start with the idea that you are one person in a group of many.
Your individual premium should be based on the amount of risk that you contribute to the group of people your insurance company covers. Not everyone that your insurance company insures is going to need to make a claim. In reality, only a small percentage will. But the insurance company bases each premium on the share of risk that a person contributes to the overall risk that the insurance company potentially will pay.
The least expensive ZIP codes in Oregon for home insurance
The cheapest ZIP codes for home insurance in Oregon are:
| City | ZIP code | Average Annual Premium |
|---|---|---|
| Tigard | 97224 | $1,293 |
| Raleigh Hills | 97225 | $1,298 |
| Hillsboro | 97124 | $1,317 |
| Tigard | 97223 | $1,317 |
| Aloha | 97006 | $1,325 |
| Beaverton | 97008 | $1,325 |
| Hillsboro | 97123 | $1,327 |
| Tualatin | 97062 | $1,330 |
| Aloha | 97007 | $1,334 |
| Sherwood | 97140 | $1,339 |
Compare homeowners insurance rates by city in Oregon
Home insurance rates vary by city and state. Below we've compared the top cities in Oregon by home insurance rates.
City Annual insurance premium
Methodology
Insurance.com worked with Quadrant Information Services to field homeowners insurance rates in all 50 states and Washington, D.C. We analyzed 37,973,840 insurance quotes from 134 insurance companies across 34,595 ZIP codes to determine the average premiums.
The insurance rates are based on a sample profile of a homeowner with good credit and the following coverage level:
- $300,000 dwelling coverage
- $300,000 liability protection
- $1,000 deductible
- 2% hurricane deductible where appropriate.
To rank insurance companies, we used three important factors: average annual cost, NAIC complaint ratio and AM Best financial stability rating. Find the full best insurance companies rating methodology here. The quoted insurance rates are for comparison purposes, and your rates will vary.
Compare Oregon homeowners insurance rates with other states
