Homeowners insurance in Oregon: premium by ZIP code
Oregon's median ZIP code paid $1,153 per policy in 2022, among the lowest, but its average claim, $21,424, ranked 3 of 51.
Independent site, not an insurer or a broker. Treasury figures cover 2018 to 2022 only.
Premium per policy in 2022, Oregon (median ZIP code)
$1,153
Average paid per HO-3 or HO-5 policy, inflation-adjusted as published by the Treasury. At September 2026 prices: about $1,536.
| Change from 2018 to 2022, after inflation | +14.3% |
| Premium per policy in 2018 | $1,009 |
| Premium per policy in 2022 | $1,153 |
| 2022 premium carried to September 2026 (BLS index) | $1,536 |
| Policies not renewed by the insurer, 2022 | 0.66% |
| Claims paid per 100 policies, yearly average | 2.6 |
| Average claim paid, 2018 to 2022 (adjusted) | $21,424 |
| Cancelled for nonpayment, 2022 | 1.14% |
Treasury data stop in 2022. The September 2026 figure applies the national BLS price index to the 2022 value, read as 2022 dollars: an estimate, not a quote.
Compiled by Radif Partners · Where the numbers come from · 342 ZIP codes in 36 counties of Oregon in the Treasury file · not a quote
Oregon homeowners paid $1,153 per policy in the median ZIP code in 2022 in the Treasury file, ranked 45 of 51 and well below the national $1,551. But the figure rose +13.8% after inflation from 2018, ranked 8 for growth, and the shape of Oregon's claims explains why: insurers paid few claims, 2.6 per 100 policies a year, ranked 50, but large ones, $21,424 on average, the third largest of any state. Fire is the reason. The Labor Day fires of September 2020 burned more than a thousand homes in the Santiam Canyon, around Detroit and Gates, and in the Rogue Valley. Clackamas County rose +15.8% to $1,259; Multnomah, Portland, +13.5% to $1,181. Nonrenewals stayed moderate, 0.66% in 2022. The Oregon FAIR Plan writes a dwelling fire policy for homes declined elsewhere. The data stop in 2022.
Portland and the Willamette Valley
Multnomah County had 31 ZIP codes in the file and a median of $1,181 in 2022; the two dearest ZIP codes in Oregon, 97201 and 97205, downtown and in the West Hills, paid $2,808 and $2,650. Clackamas County paid $1,259, Marion County, Salem, $1,061, and Lane County, Eugene, $1,139 after a rise of +13.9%. The cheapest ZIP codes were 97496 in Douglas County and 97071 in Marion County, at $859. The state's range is narrow, from under $981 to over $1,426.
Fire, and the size of claims
Oregon's paid claims per 100 policies were among the lowest of any state, between 2.2 and 2.6, and its paid loss ratio rose from 34% in 2018 to around 40% from 2019. When a house burns, the claim is the cost of a full rebuild plus contents and living expenses, which is why a few fires weigh as much as thousands of hail repairs. After the 2020 fires, many owners found their dwelling limit short of what rebuilding cost; the dwelling coverage page explains why the limit should follow the rebuild cost.
After a total loss: does the limit cover the rebuild?
Example, not your result yet· change a figure to see yours
Paid with the proportional reduction
$359,000
| Limit needed to avoid the reduction | $368,000 |
| Reduction from underinsurance | $1,000 |
| Left for you to pay | $101,000 |
Earthquake and the Cascadia question
Western Oregon sits on the Cascadia subduction zone. Earthquake damage is excluded from standard homeowners policies and requires a separate endorsement or policy, usually with a deductible of 10 percent or more of the dwelling limit. Few Oregon households carry it. If you buy it, check whether the deductible applies to the house and contents separately.
Renewals and the FAIR Plan
The median nonrenewal rate went 0.70%, 0.59%, 0.43%, 0.65%, 0.66% from 2018 to 2022, ranked 39 of 51. The Oregon FAIR Plan writes a dwelling fire policy, with wind and hail by endorsement, for homes that cannot find a private insurer, more and more in wildfire areas. The Oregon Division of Financial Regulation handles complaints.
Oregon, year by year
| Year | Oregon median ZIP | National median ZIP | Nonrenewal rate | Claims per 100 policies | Paid loss ratio |
|---|---|---|---|---|---|
| 2018 | $1,009 | $1,445 | 0.70% | 2.2 | 34% |
| 2019 | $1,032 | $1,469 | 0.59% | 2.3 | 41% |
| 2020 | $1,053 | $1,491 | 0.43% | 2.4 | 40% |
| 2021 | $1,107 | $1,521 | 0.65% | 2.6 | 41% |
| 2022 | $1,153 | $1,551 | 0.66% | 2.4 | 39% |
The Oregon counties with the most ZIP codes in the file
| County | ZIP codes | Median 2018 | Median 2022 | Change | Nonrenewal 2022 | Average claim |
|---|---|---|---|---|---|---|
| Lane County | 32 | $1,009 | $1,139 | +13.9% | 0.50% | $18,324 |
| Multnomah County | 31 | $1,021 | $1,181 | +13.5% | 0.55% | $22,593 |
| Clackamas County | 24 | $1,094 | $1,259 | +15.8% | 0.54% | $22,611 |
| Marion County | 23 | $964 | $1,061 | +11.4% | 0.57% | $19,918 |
| Douglas County | 22 | $945 | $1,070 | +13.3% | 0.95% | $20,602 |
| Washington County | 21 | $1,022 | $1,172 | +15.0% | 0.44% | $22,683 |
| Jackson County | 15 | $940 | $1,146 | +18.3% | 0.63% | $20,843 |
| Lincoln County | 15 | $1,078 | $1,177 | +9.7% | 0.69% | $15,348 |
Highest and lowest premiums per policy, Oregon ZIP codes, 2022
| ZIP code | County | Premium per policy | Change since 2018 | Nonrenewal 2022 |
|---|---|---|---|---|
| 97201 | Multnomah County | $2,808 | +8.3% | 1.23% |
| 97205 | Multnomah County | $2,650 | +5.1% | 0.00% |
| 97210 | Multnomah County | $2,377 | +11.5% | 0.68% |
| 97034 | Clackamas County | $2,053 | +13.7% | 0.71% |
| 97231 | Multnomah County | $1,906 | +13.4% | 0.43% |
| 97496 | Douglas County | $859 | +11.7% | 0.45% |
| 97071 | Marion County | $859 | +5.9% | 0.54% |
| 97322 | Linn County | $863 | +11.0% | 0.68% |
| 97477 | Lane County | $867 | +11.8% | 0.46% |
| 97402 | Lane County | $887 | +10.3% | 0.69% |