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Affordable Home Insurance in Oregon

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What drives home insurance rates in Oregon

Average homeowners premium, 2023

$1,003

The average homeowners policy in Oregon cost $1,003 for a year of coverage in 2023, against $1,737 nationally.

Claims paid per premium dollar, 2023

51.8¢

Home insurers in Oregon paid 51.8 cents in claims for every premium dollar in 2023; the median state was 64 cents.

Severe weather events, 2024

8

NOAA logged 3 tornado, 5 large-hail and 0 flash-flood event reports in Oregon in 2024, counted per county or zone. Wind and hail claims fall on the homeowners policy; flood needs its own.

Natural-hazard loss rank

#20

FEMA ranks Oregon #20 of 51 for expected annual loss from natural hazards; earthquake accounts for 47% of that loss, and earthquake damage needs a separate endorsement or policy.

  • Average homeowners premium, 2023: NAIC Homeowners Insurance Report, 2023 data
  • Claims paid per premium dollar, 2023: NAIC Profitability by Line by State, 2023
  • Severe weather events, 2024: NOAA Storm Events Database, 2024
  • Natural-hazard loss rank: FEMA National Risk Index

Largest home insurers in Oregon

The ten insurer groups that wrote the most home premium in Oregon in 2025, with their share of the state total of $1.8 billion.

#Insurer groupMarket sharePremiums written
1State Farm Group22.03%$396 million
2Liberty Mutual Group13.69%$246 million
3Farmers Insurance Group13.41%$241 million
4Allstate Insurance Group8.24%$148 million
5United Services Automobile Association Group7.91%$142 million
6American Family Insurance Group7.58%$136 million
7Travelers Group5.62%$101 million
8Country Insurance & Financial Services Group4.9%$88 million
9Progressive Group2.33%$42 million
10Munich Re Group1.98%$36 million

Source: NAIC Market Share Reports, 2025 data, direct premiums written by insurer group. GEICO writes inside Berkshire Hathaway Group. Ranking is market commentary; it says nothing about which carriers a quote comparison includes.

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