HomepageInsuranceHomeownersThe Best Oregon Homeowners Insurance Company

The Best Oregon Homeowners Insurance Company

Find the Best Home Insurance

Please enter a valid zip code

Click at least 2-3 companies to find the very best rate.

    Advertiser Disclosure

    Close icon.

    We are an independent publisher. Our reporters create honest, accurate, and objective content to help you make decisions. To support our work, we are paid for providing advertising services. Many, but not all, of the offers and clickable hyperlinks that appear on this site are from companies that compensate us. The compensation we receive and other factors, such as your location, may impact what ads and links appear on our site, and how, where, and in what order ads and links appear. While we strive to provide a wide range of offers, our site does not include information about every product or service that may be available to you. We strive to keep our information accurate and up-to-date, but some information may not be current. So, your actual offer terms from an advertiser may be different than the offer terms on this site. And the advertised offers may be subject to additional terms and conditions of the advertiser. All information is presented without any warranty or guarantee to you.

    Oregon homeowners enjoy some of the lowest home insurance rates in the country. Our top picks for Oregon homeowners insurance include some of the major insurers in the country, including Allstate, American Family, Farmers, MetLife, and State Farm.

    Besides affordable rates, the providers we’ve chosen offer great discounts for first-time homebuyers, families purchasing new houses and seniors heading into retirement. Our favorite carriers also provide excellent standard coverages, along with optional coverages for added protection.

    The 5 Best Homeowners Insurance Companies in Oregon 

    • Allstate
    • American Family Insurance
    • Farmers Insurance
    • Metropolitan Insurance (MetLife)
    • State Farm

    Compare Oregon’s Top Insurance Companies

    Allstate

    Based on our research, Oregonians who choose Allstate for their home insurance pay an average annual premium of $580. Besides great rates, Allstate also offers an exceptional selection of discounts, including premium reductions for retirees and folks over 55, along with 10% yearly loyalty discounts for policyholders who consistently renew their policies.

    Allstate

    Affordable Premiums

    Why we chose it

    Allstate tops our list as a provider with affordable premiums, a variety of policy options, and extensive discount opportunities. Compared to other providers, Allstate has also received above-average customer satisfaction scores.
    • 4 Reviews Score
    • A+ AM Best Rate AM Best rates insurance providers creditworthiness. Ratings are based on the provider’s ability to follow through with a payout when a consumer files a claim.
    • 829* J.D. Power J.D. Power scores are based on surveys for customer satisfaction and product quality.
    • A+ BBB Rating The BBB rates companies based on trustworthiness and performance. The company uses a variety of factors, including how the company handles customer complaints.

    Why we chose it

    Allstate tops our list as a provider with affordable premiums, a variety of policy options, and extensive discount opportunities. Compared to other providers, Allstate has also received above-average customer satisfaction scores.

    Pros

    • Diverse discount opportunities
    • Informative website and digital tools
    • Above-average customer service

    Cons

    • High rate of complaints on NAIC complaint index
    • Financial strength ratings good, but not great
    Read More

    Discounts available

    • Early signing discount
    • Homebuyer discount
    • Hail-resistant roof discount

    Unique features

    Allstate’s discount list is longer than most national insurers. You could save up to 10% on your premiums if you sign up for your new policy at least 7 days before the current one expires.

    *J.D. Power 2020 Home Insurance Customer Satisfaction Survey, based on a 1,000-point scale.

    Further Reading on Allstate:

    American Family

    American Family’s standard policies include all the expected coverage options. But the provider’s optional coverages can help maximize your protection. For example, American Family’s optional equipment breakdown coverage can save you a bundle when computers, electrical systems, and heating and cooling systems fail.

    American Family

    Optional Coverage

    Why we chose it

    American Family provides reliable homeowners insurance with options to purchase extra coverage to fully customize policies. American Family is a particularly great option for new homeowners because of its resources for first-time homeowners insurance buyers. If you live in a state where American Family is available, consider including American Family as you begin to gather quotes.
    • 3.75 Reviews Score
    • A+ AM Best Rate AM Best rates insurance providers creditworthiness. Ratings are based on the provider’s ability to follow through with a payout when a consumer files a claim.
    • 821* J.D. Power J.D. Power scores are based on surveys for customer satisfaction and product quality.
    • A BBB Rating The BBB rates companies based on trustworthiness and performance. The company uses a variety of factors, including how the company handles customer complaints.

    Why we chose it

    American Family provides reliable homeowners insurance with options to purchase extra coverage to fully customize policies. American Family is a particularly great option for new homeowners because of its resources for first-time homeowners insurance buyers. If you live in a state where American Family is available, consider including American Family as you begin to gather quotes.

    Pros

    • Useful digital tools
    • Extensive coverage options
    • Plenty of advertised discounts

    Cons

    • Subpar customer service
    • Limited availability
    Read More

    Discounts available

    • Up to a 29% discount when bundling auto and homeowners policies
    • Renovated home discount
    • Loyalty discount

    Unique features

    Most major home insurance carriers offer optional coverage, but American Family provides options that some insurers don’t offer. For example, equipment breakdown coverage can help pay to replace electrical and mechanical home systems. American Family’s matching siding protection pays up to $20,000 to replace undamaged siding when other sections of siding need replacing due to a covered loss.

    *J.D. Power 2020 Home Insurance Customer Satisfaction Survey, based on a 1,000-point scale.

    Further Reading on American Family:

    Farmers

    Typically, home insurance companies offer similar standard homeowners policies and allow customers to add endorsements or riders for greater protection. Farmers simplifies the process by offering three levels of protection, for budget-minded first-time homebuyers, homeowners who need higher coverage limits, and long-time homeowners looking for dwelling and personal property replacement cost coverages.

    Farmers

    Multi-tier Coverage Packages

    Why we chose it

    Farmers offers an unusual quoting system that features three tiers of service. Within those three tiers, you can further customize your policy if you have, say, expensive electronics or jewelry to cover.
    • 2.5 Reviews Score
    • A AM Best Rate AM Best rates insurance providers creditworthiness. Ratings are based on the provider’s ability to follow through with a payout when a consumer files a claim.
    • 814* J.D. Power J.D. Power scores are based on surveys for customer satisfaction and product quality.
    • A+ BBB Rating The BBB rates companies based on trustworthiness and performance. The company uses a variety of factors, including how the company handles customer complaints.

    Why we chose it

    Farmers offers an unusual quoting system that features three tiers of service. Within those three tiers, you can further customize your policy if you have, say, expensive electronics or jewelry to cover.

    Pros

    • Three tiers of coverage
    • Bundling discounts
    • Identity theft coverage available

    Cons

    • Not many discounts
    Read More

    Discounts available

    Unique features

    Farmers’ three tiers — standard, enhanced, and premier — let you pick the best coverage based on cost and coverages. The highest level, premier, includes replacement cost coverage with 100% reimbursement regardless of policy limits.

    *J.D. Power 2020 Home Insurance Customer Satisfaction Survey, based on a 1,000-point scale.

    Further Reading on Farmers:

    Metlife

    In some states, MetLife includes replacement cost personal property coverage in its standard home insurance policies. Replacement cost coverage pays to replace your valuable possessions at current prices, regardless of depreciated value.

    Metropolitan Insurance

    Replacement Cost Personal Property Coverage

    Why we chose it

    Including replacement cost personal property coverage in standard policies makes MetLife a major contender in the homeowners insurance market, because many providers only offer the coverage as an endorsement. Qualified policyholders can rest assured that if they suffer a total loss, they can replace their furnishings without paying major out-of-pocket expenses.
    • 3.5 Reviews Score
    • A_ AM Best Rate AM Best rates insurance providers creditworthiness. Ratings are based on the provider’s ability to follow through with a payout when a consumer files a claim.
    • 824* J.D. Power J.D. Power scores are based on surveys for customer satisfaction and product quality.
    • A- BBB Rating The BBB rates companies based on trustworthiness and performance. The company uses a variety of factors, including how the company handles customer complaints.

    Why we chose it

    Including replacement cost personal property coverage in standard policies makes MetLife a major contender in the homeowners insurance market, because many providers only offer the coverage as an endorsement. Qualified policyholders can rest assured that if they suffer a total loss, they can replace their furnishings without paying major out-of-pocket expenses.

    Pros

    • Identity Protection Services included
    • Personal property replacement cost coverage
    • Flexible payment plans

    Cons

    • Few discounts
    • Poorly rated mobile app
    Read More

    Discounts available

    • Association and employer discounts
    • Up to a 10% discount for bundling auto and home insurance
    • Safety devices discount

    Unique features

    In some states, MetLife’s standard home insurance policies include replacement cost personal property coverage. This allows eligible policyholders to replace items such as appliances and electronics at current market prices. MetLife also offers replacement cost dwelling coverage, which pays to rebuild your home, even if costs exceed your coverage limit.

    *J.D. Power 2020 Home Insurance Customer Satisfaction Survey, based on a 1,000-point scale.

    State Farm

    State Farm backs its homeowners policies with sound financial ratings and excellent customer support. Unlike some carriers, State Farm continues to operate local offices, enabling you to work with a dedicated agent when you need to file a claim, buy another policy, or simply ask a few questions about your current coverage.

    State Farm

    Exceptional Customer Support

    Why we chose it

    State Farm offers above-average customer support along with competitive pricing and solid coverage options. For those new to home ownership, its Simple Insights blog can tell you everything you need to know about home ownership in general.
    • 3.75 Reviews Score
    • A++ AM Best Rate AM Best rates insurance providers creditworthiness. Ratings are based on the provider’s ability to follow through with a payout when a consumer files a claim.
    • 829* J.D. Power J.D. Power scores are based on surveys for customer satisfaction and product quality.
    • A+ BBB Rating The BBB rates companies based on trustworthiness and performance. The company uses a variety of factors, including how the company handles customer complaints.

    Why we chose it

    State Farm offers above-average customer support along with competitive pricing and solid coverage options. For those new to home ownership, its Simple Insights blog can tell you everything you need to know about home ownership in general.

    Pros

    • Financially strong
    • 19,000+ agents nationally
    • Informative blog

    Cons

    • Limited discounts
    • Higher premiums
    Read More

    Discounts available

    Unique features

    State Farm’s comprehensive website makes it easy to get a detailed quote in minutes. You can also pay your bill, file and manage a claim, and handle most maintenance tasks either online or via the company’s app.

    *J.D. Power 2020 Home Insurance Customer Satisfaction Survey, based on a 1,000-point scale.

    Further Reading on State Farm:

    Average Cost of Homeowners Insurance in Oregon

    Oregonians pay an average of $677 per year for homeowners insurance, according to 2019 National Association of Insurance Commissioners data — 44% less than the national average of $1,211. Oregon homeowners also pay less than their neighbors in Idaho and Washington, who pay an average annual premium of $730 and $854, respectively.

    Home Insurance Add-Ons That Will Further Protect You

    Although California and Washington often experience moderate to severe seismic activity, Oregon hasn’t suffered a major earthquake since 1949, according to the United States Geological Survey. Nonetheless, some Oregon homeowners may want to consider purchasing earthquake insurance, particularly those living in northwest Oregon, near Mount St. Helens, one of the most seismically active volcanoes in the Cascades.

    In the past century, Oregon has experienced several catastrophic floods, including the 1996 flood, which caused major damage along the Tualatin and Willamette Rivers. Typically, standard home insurance policies don’t cover flood damage to your home’s structure or your personal belongings. Homeowners who live in flood prone areas should add flood insurance to their coverage.

    The Cheapest Homeowner Insurance Companies in Oregon

    Homeowner Insurance CompaniesAverage Annual Premium
    Eagle W. Insurance Company$343
    Grange Insurance Association$426
    American Family Insurance$437
    Oregon Mutual Insurance Company$515
    Metropolitan Insurance$531
    USAA$572
    Allstate$580
    Farmers Insurance$618
    Garrison Property and Casualty Insurance Company$634
    State Farm$731
    Foremost Insurance$837
    Encompass$939
    Country Financial$1,103
    Average Across Companies$635

    Cost of Homeowners Insurance by Age of Home

    Age of Home (years)Sample Annual Premium
    5$579
    20$763
    35$799
    50$804
    Average Across Credit Rating Tiers$737

    Top 3 Cheapest Homeowners Insurance Companies in Oregon 

    • Eagle W. Insurance Company – $343
    • Grange Insurance Association – $426
    • American Family Insurance – $437

    Top 3 Most Expensive Homeowners Insurance Companies in Oregon

    • Country Financial – $1,103
    • Encompass – $939
    • Foremost Insurance – $837

    Helpful Resources for Oregon Homeowners

    First-time homeowners can learn the basics of home insurance by reading A Consumer’s Guide to Home Insurance, published by the National Association of Insurance Commissioners and downloadable at the Oregon Division of Financial Regulation website. The guide explores topics such as coverages, deductibles, and claims processes, and offers insurance shopping tips.

    Oregon Housing and Community Services provides numerous homeowner resources, including a homebuyer education guide, homeownership counseling, and an online tool to help first-time homebuyers find a lender.

    Homeowners Insurance FAQ

    Methodology

    We evaluated the companies based on their customer rating and experience, financial stability, and coverage to determine the best providers. To compare home insurance companies across the board, we then calculated a Reviews.com score based on the following:

    • Customer Ratings — Customer ratings are an indication of satisfaction with the process of filing a claim. We measured this using J.D. Power Homeowners Satisfaction ratings.
    • Coverage — As there isn’t one company to fit everyone’s needs, we evaluated companies by the amount of coverage options and add-ons available. 
    • Confidence — It is extremely important for insurance companies to fulfill customers’ claims. Companies with sound financial strength will not have issues paying out claims, regardless of the amount. However, companies with weak financial strength might not be able to pay out claims. We measured this using AM Best’s ratings, which specializes in assessing the financial strength of insurance companies.
    • Customer Experience — The amount of complaints a company receives is an indicator of the overall customer experience as it expresses dissatisfaction. We have based this measure on the NAIC National Complaint Index.

    About the Authors

    Michael Evans

    Michael Evans Contributing Writer

    Michael Evans is a freelance finance writer. His work has been published by Bankrate, Fox Business, The Guardian and Yahoo Finance.

    Table Of Contents