Oregon homeowners insurance cost
West region · NAIC 2022 HO-3 average · rank #51 of 51
The average annual homeowners insurance premium in Oregon is about $893 for the standard HO-3 policy form (NAIC 2022 data, the latest available) — about 43% below the national average of $1,569. Oregon ranks #51 of 51 states and DC (1 = most expensive), making it very low on home-insurance cost, well below the national average. The main local cost drivers are low hurricane and hail exposure, wildfire in some areas, mild loss history. This is a countrywide average, not a quote for your home.
Source: NAIC Homeowners Insurance Report (2022 data, latest available). Data as of June 2026.
Oregon home insurance at a glance
| Figure | Oregon |
|---|---|
| Average annual HO-3 premium | $893 |
| National average (HO-3) | $1,569 |
| vs national average | -43% (about 43% below the national average) |
| State rank (1 = most expensive of 51) | #51 |
| Cost band | Very low (well below the national average) |
| Region | West |
Source: NAIC Homeowners Insurance Report (2022 data, latest available). Data as of June 2026.
What drives home insurance cost in Oregon
A homeowners premium mostly reflects how likely and how expensive a claim is. In Oregon, the main factors behind the $893 average are:
- low hurricane and hail exposure
- wildfire in some areas
- mild loss history
On top of these location factors, your own premium swings with your home's rebuilding cost (Coverage A), roof age and material, deductible, claims history and, in most states, your insurance credit score. See our premium drivers guide for how each one moves the price.
Estimated Oregon premium by dwelling coverage
A rough idea of how the Oregon average scales with the amount of dwelling (Coverage A) you carry. These are illustrative estimates from the state average scaled by a coverage factor — not quotes.
| Dwelling coverage (Coverage A) | Estimated annual premium |
|---|---|
| $200,000 to $299,999 | $893 |
| $300,000 to $399,999 | $1,143 |
| $400,000 to $499,999 | $1,393 |
| $500,000 and over | $1,786 |
Source: Estimated from the NAIC 2022 Oregon average and a coverage-scaling factor. Data as of June 2026.
For a tailored figure use the premium estimator. The scaling factors are an approximation documented on the methodology page, not published NAIC band data.
How Oregon compares with similar states
| State | Avg HO-3 / yr | vs national |
|---|---|---|
| Oregon (this state) | $893 | -43% |
| Utah | $937 | -40% |
| Nevada | $948 | -40% |
| Wisconsin | $957 | -39% |
| Ohio | $995 | -37% |
| Idaho | $1,002 | -36% |
Frequently asked questions
How much is homeowners insurance in Oregon?
The average annual homeowners (HO-3) premium in Oregon is about $893, about 43% below the national average of $1,569 (NAIC 2022 data, the latest available). It ranks #51 of 51 states and DC, where 1 is the most expensive. This is a countrywide average, not a quote for your home.
Why is home insurance priced the way it is in Oregon?
Oregon's premiums are shaped mainly by low hurricane and hail exposure, wildfire in some areas, mild loss history. Catastrophe exposure (wind, hail, wildfire), rebuilding costs and claims history are the biggest levers on a homeowners premium. Oregon is very low versus the national average, well below the national average.
Is Oregon home insurance going up?
Yes, like most of the country. NAIC's latest report shows the national HO-3 average rose about 11.26% in 2022 year-over-year, driven by reconstruction-cost inflation and rising catastrophe losses. 2022 is the latest published data year, so current Oregon premiums are likely higher than the figure shown. Verify with insurers.
Is the $893 figure a quote?
No. $893 is the NAIC 2022 countrywide average HO-3 premium for Oregon - an average across all homes and insurers, not a quote for your property. Your actual premium depends on your home's value, age, construction, roof, deductible, claims history, credit and insurer. Always get real quotes.
Keep exploring
YMYL note. The $893 figure is the NAIC 2022 countrywide average for Oregon - general information, not a quote. Homeowners insurance protects one of your largest assets; actual premiums vary widely by home and insurer. Always get real quotes from licensed insurers and verify coverage with your state insurance department.
Last updated: 2026-06-20