Homeowners Insurance Oregon

Oregon may have a low risk of natural disasters, but it’s still important to protect your house with homeowners insurance in the “Beaver State.” It doesn’t matter where you live, whether it’s in Portland, Eugene, Salem, Hillsboro, Beaverton, Bend or anywhere in between. We know that Oregon residents face risks everyday like fires and burglary. If your house is damaged by a fire, Oregon home insurance can help repair it.**

 

According to the Insurance Information Institute (III) the average cost for Oregon homeowners insurance in 2016 was significantly lower than the national average.

To determine exact costs, home insurance companies look at different factors like your zip code and house size. These various factors help to figure out homeowners insurance rates and the total of these homeowners insurance premiums can often be different than your neighbor’s. Depending on your coverage options and policy details, you could pay more or less than Oregon’s average home insurance rates.

 

If you’re not sure how much coverage you need for your policy, a home inventory can help you decide. This document keeps track of your personal property and includes information that can help you if you’re filing a claim with your home insurance company. A home inventory typically includes:

 

If you know how much your property is worth, it can help you determine if your home insurance policy provides enough coverage.

 

Work with your local insurance agent or get a homeowners insurance quote online to get the coverage you need for your Oregon home insurance.

 

While the risk of natural disasters is lower in Oregon, it’s not impossible. Review your OR home insurance policy to understand if it will cover damages that result from natural disasters.

 

Wildfires are one natural disaster to be mindful of. In 2018, about 1,880 wildfires burned over 846,000 acres in the state.² Most standard homeowners insurance policies do help cover damages from wildfires, but you’ll want to check that your policy has enough coverage to fix or replace your damaged or destroyed items.

 

You also may need additional coverage options to help protect your home and personal property from other natural disasters. For example, damages resulting from floods or earthquakes aren’t covered in your Oregon home policy. However, you can add flood insurance and earthquake policies through private insurance companies, like us.

 

If you’re worried about having enough coverage, we offer packages that help take the guesswork out of choosing the right options.

 

For starters, Home Advantage is a good choice if you’ll want more protection for certain coverages. This package includes:

 

“New for Old” Protection^‡‡ to replace your destroyed property with new ones of the same quality.

 

Personal injury liability coverage, which helps cover damages from a libel or slander claim.

 

Identity theft or fraud expense coverage, which pays you up to $25,000 for your out-of-pocket expenses if you’re recovering from identity theft or fraud.

 

Reimbursement for replacing locks if you lose your keys or they’re stolen. This coverage pays up to $500 with a $100 deductible.

 

You can also get our Home Advantage Plus, which is our most popular package and includes all features of Home Advantage, plus:

 

Equipment breakdown coverage, which helps cover your costs to repair or replace electronics or appliances that break down over time. Keep in mind that this does not cover normal wear and tear.³

 

Enhanced identity theft or fraud coverage, which can help cover up to $50,000 of your out-of-pocket expenses.

 

Disappearing Property Deductible^‡‡ to reduce your deductible by $50 for every three years you go without filing a claim. It continues to drop $50 every year you continue to go without an insurance loss.

 

When it comes to Oregon homeowners insurance, we make it easy to get the information you need. Oregon residents can get a quote online or call 888-413-8970 to speak with one of our specialists.