Are you looking for the Best Homeowners Insurance in Oregon? You're in luck. We have analyzed quotes from all the major insurance providers and compiled a list of the best homeowners insurance companies.
According to Insurance.com's analysis, AIG is the best homeowners insurance company in Oregon. Also, J.D Power awarded 830 scores to AIG out of 1000.
While USAA gets 882 out of 1000 from J.D. Power, USAA has also earned A++ ratings from A.M Best.
There are many different companies to choose from, and most insurers offer similar coverage at different rates. This guide will compare the homeowners insurance companies in Oregon, giving you some insight into what each offers and how much it would cost you to insure your home.
- Best home insurance companies in Oregon
- Compare best homeowners insurance companies in Oregon
- Average cost of homeowners insurance in Oregon
- 10 Most expensive zip codes in Oregon for homeowners insurance
- 10 Least expensive zip codes in Oregon for homeowners insurance
- Cheap homeowners insurance in Oregon
- Home and auto bundle discounts in Oregon
Best home insurance companies in Oregon
If you're looking for the best homeowners insurance company in Oregon, we've got you covered. We've compiled a list of some of the top-rated insurers in the state and compared their rates, their customer satisfaction rating, J.D. Power score, claims handling and AM Best rating to help make your decision easier. Here is the list of best home insurance companies in Oregon:
- AIG
- Safeco
- USAA
- American Family
- Progressive
Compare best homeowners insurance companies in Oregon
You can't afford to take any chances when it comes to buying insurance for your home. That's why it is important to compare insurance companies before deciding on which company to choose.
We have done the research for you. After comparing insurance companies based on their ratings from J.D Power, we have put together a list of the best homeowners insurance companies in Oregon.
| Company | Overall rating | J.D. Power score | AM Best rating |
|---|---|---|---|
| AIG | 5 | 830 | - |
| Safeco | 4 | 810 | A |
| USAA | 3 | 882 | A++ |
| American Family | 3 | 831 | A |
| Progressive | 3 | 821 | A+ |
| Farmers | 3 | 813 | A |
| Liberty Mutual | 3 | 806 | A |
| Chubb | 3 | 801 | A++ |
| Nationwide | 2 | 812 | A+ |
Average cost of homeowners insurance in Oregon
The average cost of homeowners insurance in Oregon is $1,608 a year or $134 a month. Homeowners insurance rates vary depending on where you live, the age of your home, building cost in your area, among other factors.
| Average annual premium | Average monthly premium |
|---|---|
| $1,608 | $134 |
10 Most expensive zip codes in Oregon for homeowners insurance
There are parts of Oregon that have higher risks of natural disasters and other hazards than others. These areas also tend to have more expensive ZIP codes for homeowners insurance due to increased risk factors. The most expensive ZIP code in Oregon is 97917. Its average rate for home insurance is $1,494 a year.
Below are the most expensive ZIP codes and their average annual home insurance rates.
| ZIP code | Average annual rate |
|---|---|
| 97917 | $1,494 |
| 97902 | $1,449 |
| 97710 | $1,438 |
| 97722 | $1,416 |
| 97914 | $1,405 |
| 97058 | $1,397 |
| 97904 | $1,386 |
| 97911 | $1,381 |
| 97407 | $1,380 |
| 97040 | $1,378 |
10 Least expensive zip codes in Oregon for homeowners insurance
We have analyzed home insurance rates for various ZIP codes and compiled a list of the top 10 least expensive ZIP codes for homeowners insurance in Oregon.
The least expensive ZIP code in Oregon is 97062. Its average rate for homeowners insurance is $1,029 a year. It's $579 less than the state average ($1,608).
| ZIP code | Average annual rate |
|---|---|
| 97062 | $1,029 |
| 97007 | $1,031 |
| 97140 | $1,036 |
| 97224 | $1,045 |
| 97006 | $1,048 |
| 97225 | $1,051 |
| 97005 | $1,054 |
| 97124 | $1,056 |
| 97008 | $1,068 |
| 97229 | $1,070 |
Cheap homeowners insurance in Oregon
The cost of homeowners insurance in Oregon varies based on the insurance company you pick. If you are looking for a cheap homeowners insurance company, Safeco offers the cheapest rate for home insurance in Oregon at an average of $767 per year- $841 less than the state average ($1,608).
Following is a list of the cheapest homeowners insurance companies in Oregon-
| Company name | Average annual premium |
|---|---|
| Safeco | $767 |
| Nationwide | $1,064 |
| Travelers | $1,104 |
| American Family | $1,213 |
| Amco | $1,610 |
| State Farm | $1,638 |
| Allstate | $1,698 |
| USAA | $1,727 |
| Foremost | $2,007 |
| Farmers | $2,092 |
| Garrison | $2,121 |
| Country Mut | $2,454 |
Home and auto bundle discounts in Oregon
If you're looking for a way to save on your home insurance, consider purchasing both home and auto policies from the same company. Not only will your rates be cheaper, but also there will be less paperwork.
A home and auto insurance bundle can help you save an average of $263 a year or 20%, based on Insurance.com’s rate analysis.
Let's find out what companies offer a discount on the insurance bundle and how much you can save.
| Company | $ Bundle average saving | % Bundle average saving |
|---|---|---|
| Country Mut | $551 | 25% |
| Allstate | $458 | 36% |
| State Farm | $401 | 34% |
| Farmers | $294 | 17% |
| USAA | $233 | 17% |
| American Family | $206 | 14% |
| Nationwide | $187 | 20% |
| Mutual Of Enumclaw | $112 | 17% |
| Travelers | $108 | 12% |
| Foremost Insurance | $85 | 4% |