How Much Does Renters Insurance Cost in Oregon?
Oregon pricing is near the national average. Updated for 2024.
Renters Insurance Pricing in Oregon
In Oregon, the average cost for renters insurance is $20 per month, which is 10% higher than the national average of $18. Most Oregon residents pay between $11 and $39.
Oregon has costs that track closely with the national average, though prices can still vary between urban and rural areas within the state.
Renters insurance protects your personal belongings from theft, fire, and other covered events. It also provides liability coverage and additional living expenses if your rental becomes uninhabitable.
Oregon vs National Average
What Affects Renters Insurance Cost in Oregon?
Coverage
$20K personal property: $12-$20/mo. $50K: $18-$30/mo. $100K: $25-$45/mo
Location
Low-crime area: $10-$20/mo. High-crime urban: $20-$40/mo
💡 Tips to Save on Renters Insurance in Oregon
- 1.Bundle with auto insurance for 10-20% discount
- 2.Raise your deductible to $1,000 to lower premiums
- 3.Most people overestimate coverage needs — inventory your belongings first
- 4.Security features (deadbolts, alarms) can earn discounts
Frequently Asked Questions
Is renters insurance worth it?
At $15-25/month, it's one of the best insurance values. A single theft or fire could cost thousands to replace your belongings.