Eugene ,OR Home Insurance - The cost of homeowners insurance is influenced by a range of factors, including the value of your coverage, deductible, and the construction materials used in your home.
VHome Insurance conducted a thorough analysis of the Eugene, OR homeowners insurance market, taking into account factors like average costs, range of coverages, deductibles and customer satisfaction ratings to determine the best providers. The Average home insurance cost in Eugene, OR is $1260. Enter your zipcode below and click “GO” to get multiple free quotes.
It is important to understand the different coverage options available in Eugene, OR. VHome Insurance will help you navigate the world of homeowners insurance coverages in Eugene, OR.
| Coverage Level | Average Annual Premium |
|---|---|
| $100,000 | $504 |
| $200,000 | $857 |
| $300,000 | $1,058 |
| $400,000 | $1,613 |
| $500,000 | $2,029 |
Home insurance costs in Eugene can vary greatly based on location. The frequency of claims in your area can affect the cost of your policy. Simply put, the location of your home can significantly impact your homeowners insurance premium.
| Zipcode | Average Insurance Premium |
|---|---|
| 097403 | $1,225 |
| 97405 | $1,214 |
| 97408 | $1,218 |
| 97404 | $1,182 |
| 97402 | $1,167 |
One key aspect of your policy is the deductible, which is the amount you pay out of pocket before your insurance kicks in. Choosing the right deductible can have a major impact on your insurance premiums and overall savings. In this guide, we'll help you understand the options available for homeowners insurance deductibles in Eugene, OR, and how to choose the right one for your needs.
| Deductible Level | Average Annual Premium |
|---|---|
| $500 Deductible | $1,292 |
| $1000 Deductible | $1,155 |
| $1500 Deductible | $1,090 |
| $2500 Deductible | $983 |
| $5000 Deductible | $832 |
| Home Insurance Company Near Eugene, OR | Homeowners Insurance Agency Near Eugene, OR | Address |
|---|---|---|
| State Farm | Ken Evenhus | 390 S Main Street, Lebanon, OR, 97355-3307 |
| State Farm | Kirk Martin | 115 W 6th Ave, Eugene, OR, 97401-2606 |
| NA | Central Williamette Financial Services | 645 Waverly Dr. Se, Albany, OR, 97322 |
| Farmers | Delaney De La Barra | 1400 Executive Pkwy Ste 250, Eugene, OR, 97401 |
| Allstate | Dennis J. Michalek | 2295 Coburg Rd Ste 310, Eugene, OR, 97401 |
| Place | 1 Car Bundle Savings On Insurance | 2 Car Bundle Savings On Insurance | 3 Car Bundle Savings On Insurance |
|---|---|---|---|
| Eugene-Springfield CCD, Lane County, Oregon | $67 | $89 | $134 |
| Springfield city, Oregon | $65 | $87 | $131 |
| Coburg CCD, Lane County, Oregon | $68 | $90 | $135 |
| Place | Home insurance as a % of housing cost for homes with mortgage | Home insurance as a % of housing cost for homes without mortgage |
|---|---|---|
| Eugene, OR | 2.3% | 7.4% |
| Eugene-Springfield | 2.43% | 8.45% |
| Springfield | 2.66% | 9.64% |
| Coburg | 2.55% | 9.42% |
| Eugene Home By Monthly Rent | Total Homes | % of Total | Estimated Monthly Income To Afford Rented House Including Renters Insurance |
|---|---|---|---|
| Less than $200 | 468 | 1.0% | $334 |
| $200 to $299 | 765 | 2.0% | $784 |
| $300 to $499 | 2,664 | 8.0% | $1234 |
| $500 to $749 | 9,154 | 28.0% | $1909 |
| $750 to $999 | 9,054 | 28.0% | $2659 |
| $1,000 to $1,499 | 7,590 | 23.0% | $3784 |
| $1,500 or more | 2,609 | 8.0% | $5434 |
| Streets in Eugene Area | Homeowners Insurance Cost |
|---|---|
| Orchard Aly, Braewood Ln, Mint Ave, Potter Aly, Winery Ln, Pruett Rd, Butte Ln, Pacific Hwy W, Pattison St, Paradise Ct | $433 |
| Larson Rd, Linwood St, Echo Hollow Rd, Dalton Dr, Prall Ln, E 40th Ave, Hillview 1, Piper Ln, Golden Gardens St, Chase St | $449 |
| Millrace Dr, Merlin Way, Lewis Ave, Hunsaker Ln, Exeter Ave, Meadow Butte Loop, E 39th Pl, Archie St, Cloverdale Rd, Summit Ave | $432 |
| Escalante St, Broadview St, Crescent Ave, Dewey St, Covey, Lariat Mesa, Peregrine St, Commercial St, Sierra St, Barger Dr | $435 |
| E 31st Ave, Throne Dr, E 35th Ave, N Garden Way, Spyglass Ct, Dulles Ave, Moon Mountain Dr, Brockton Pl, Glenwood Blvd, E 23rd Aly | $452 |
| Ridgetop Rd, N Shasta Loop, Princeton Dr, Hyacinth St, McKinley St, Strome Ct, Hathaway Ave, Odell Lake Dr, Skylark Ln, Onyx Pl | $456 |
| Ricketts Rd, E 50th Ave, Hughes St, Altura St, Woodsia Ln, Avalon St, Ravenwood Dr, Dayna Ln, Panorama Dr, Lamplite Ln | $438 |
| Schnorenberg Ln, Woodson St, Clairmont Dr, Cedar Ct, W 34th Pl, Josh St, Hollyview Ave, Newcastle St, Rocky Ln, S Garden Way | $453 |
| Flagstaff St, Myoak Dr, W Park St, N 8th St, Jackies Ln, Grand St, Villard Aly, Kevington Ave, Coach Way, Duke Ct | $447 |
| Cheryl St, Madera St, Kingfisher Way, Watson Dr, N Seneca Rd, Donald Aly, Maxwell Rd, Unthank St, Johnson Ln, Allane Ln | $431 |
| Place | Savings For Senior Occupied Homes |
|---|---|
| Eugene | $67 to $69 |
| Eugene-Springfield | $66 |
| Springfield | $65 |
| Coburg | $67 |
| Low Deductible | High Deductible | |
|---|---|---|
| Deductible | $1,000 | $2,000 |
| Yearly Eugene Homeowner Insurance Premium Example | $900 | $700 |
| Out of Pocket Expense During Claim | $1,000 | $2,000 |
| Total Home Insurance Premium for 8 years + Out of Pocket Expense for Claim | $8,200 | $7,600 |
| Net Savings to Eugene Home Owner from High Deductible Plan | $600 | |
| Scenario | Eugene, OR Home Replacement Value MORE than Home Value | Eugene, OR Home Replacement Value LESS than Home Value |
|---|---|---|
| Replacement Value | $303,500 | $224,500 |
| Insurance Premium based on Replacement Value | $950 | $700 |
| Risk Exposure from Under Insuring Coverage | Unnecessary Home Insurance Coverage of $30,500 | Risk Exposure from Under Insuring Coverage is $48,500 |
| Premium Impact | Insurance cheaper by $150/year | Insurance costlier by $100/year |
| Insurance Company | Amica Mutual Insurance Company | Travelers | GEICO Insurance |
| Monthly Premium | 59 | 47 | 38 |
| Year Built | 1980 | 2014 | 1962 |
| Home Details | 3 Beds, 1 Baths | 2 Beds, 1 Baths | 5 Beds, 4 Baths |
| Coverage Amount | $300000-$350000 | $150000-$175000 | $300000-$350000 |
| Deductible | $500- $1000 Deductible | $500 Deductible | > $10,000 Deductible |