Best Homeowners Insurance In Oregon For 2024

Farmers ranks highly not only for its perks but also for its top-notch “online experience,” which clearly outlines these perks and discounts to both potential and current customers. The perks include:

• Guaranteed Replacement Cost: Farmers guarantees to cover the entire cost of rebuilding your home, regardless of the price.
• Claim Forgiveness: Following five years of no claims, Farmers lets you file one without raising your premium.
• Multi-Policy Savings: Bundle your home insurance with other Farmers policies to save up to 34%.
• Declining Deductible: For every active year with Farmers, you’ll earn $50 to apply toward your deductible reduction.
• Claim-Free Discount: Receive a home insurance discount after going three years without filing a claim.

The 9.3/10 score Farmers received includes its lower J.D. Power rankings in customer satisfaction related to policyholder service.

State Farm earned our highest ranking for its strong agent network in Oregon, excellent customer satisfaction, and affordable premiums. Its high J.D. Power service ratings are key, especially considering the presence of agents and claims adjusters in Oregon, particularly after severe storms such as tornadoes.

At State Farm, you can get a standard homeowners policy and enhance it with additional coverage options. These may include protection for rebuilding to meet updated legal standards, identity theft protection, and insurance for valuables like jewelry and collectibles. State Farm’s A++ rating from AM Best reflects its superior financial strength.

You can start the quote process online with State Farm, but a local agent will assist you in purchasing a policy. Once a policyholder, you’ll have access to your account, claims filing, and paperless billing options through the website or mobile app. There’s also a resource library available to learn about insurance.

Nationwide’s A+ (Superior) financial strength rating from AM Best is excellent, but its customer satisfaction is lacking, according to several negative reviews online. On the bright side, it has a strong presence in Oregonwith numerous agents and offices.

Nationwide’s standard homeowners insurance policy provides benefits seldom offered by other companies, including protection from credit card fraud and ordinance or law coverage to ensure rebuilding meets modern codes.

You can upgrade your coverage by selecting Better Roof Replacement, which will pay for top-tier roofing materials if your roof needs replacement following a qualifying event.

The Brand New Belongings option provides replacement cost coverage. Nationwide will reimburse the depreciated value of damaged or destroyed items, and once new items are purchased, you can submit receipts to recover the difference.

Boasting 11 home insurance discounts, Allstate outshines the industry average of seven. My analysis reveals that a number of these are quite unique.

You can access these discounts through Allstate:

• Deductible Reward: Get an automatic $100 off your deductible simply by signing up.
• Bundle: Take advantage of up to a 25% savings when you bundle your home and auto insurance.
• Claims Forgiveness: A benefit that helps keep your premiums from climbing after you make a claim.
• Claims-Free: Stay claims-free, and you’ll get 5% back on your renewal each year.
• Responsible Payment: Extra savings are available for those with a solid payment history.
• Early Payment: Purchase your next policy early—at least a week before—and save up to 10%.
• Automatic Payment: Get 5% off your premiums with automatic payment setup.
• Loyalty: Get rewarded with up to 10% off for continuing your coverage with Allstate.
• Home Buyer: Allstate offers savings for those who’ve recently purchased a house.
• New Home: Receive a price break when insuring a newly constructed home.
• Protective Device: You qualify for a discount by installing safety systems like fire alarms or security measures.

Allstate’s homeowners insurance includes nine optional coverage types, which is significantly more than the industry average of five. Along with common options like ID theft protection and scheduled personal property, they also offer a special yard and garden coverage that raises limits for replacing landscaping and lawn care equipment, such as riding mowers.

Chubb provides competitively priced home insurance in Oregon, especially for high-value homes. They include extended replacement cost coverage, which means that items can be repaired or replaced regardless of depreciation, alongside attractive premiums. Chubb is also noted for its financial strength and exceptional customer support.