Gresham ,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 Gresham, 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 Gresham, OR is $1263. Enter your zipcode below and click “GO” to get multiple free quotes.
It is important to understand the different coverage options available in Gresham, OR. VHome Insurance will help you navigate the world of homeowners insurance coverages in Gresham, OR.
| Coverage Level | Average Annual Premium |
|---|---|
| $100,000 | $505 |
| $200,000 | $859 |
| $300,000 | $1,061 |
| $400,000 | $1,617 |
| $500,000 | $2,033 |
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 Gresham, OR, and how to choose the right one for your needs.
| Deductible Level | Average Annual Premium |
|---|---|
| $500 Deductible | $1,295 |
| $1000 Deductible | $1,158 |
| $1500 Deductible | $1,092 |
| $2500 Deductible | $985 |
| $5000 Deductible | $834 |
| Home Insurance Company Near Gresham, OR | Homeowners Insurance Agency Near Gresham, OR | Address |
|---|---|---|
| Travelers | Bw Insurance Agency Inc | 16555 BOONES FERRY RD STE 200, LAKE OSWEGO, OR, 97035 |
| Liberty Mutual | Chris Edar-Allred | 4949 Sw Meadows Road Ste 650, Lake Oswego, OR, 97035 |
| State Farm | Scott Brennan | 14475 SW Allen Blvd Suite C, Beaverton, OR, 97005-4418 |
| Farmers | Spencer Lund | 21901 NE Halsey St Ste 203, Fairview, OR, 97024 |
| NA | Isu Affinity Insurance Group | 7650 Sw Beveland Rd Ste 110 Portland, Tigard, OR, 97223 |
| Place | 1 Car Bundle Savings On Insurance | 2 Car Bundle Savings On Insurance | 3 Car Bundle Savings On Insurance |
|---|---|---|---|
| Wood Village city, Oregon | $64 | $85 | $128 |
| Troutdale city, Oregon | $67 | $89 | $134 |
| Multnomah County, Oregon | $68 | $91 | $137 |
| Place | Home insurance as a % of housing cost for homes with mortgage | Home insurance as a % of housing cost for homes without mortgage |
|---|---|---|
| Gresham, OR | 2.2% | 7.2% |
| Wood Village | 2.32% | 5.61% |
| Troutdale | 2.14% | 7.35% |
| Multnomah County | 2.14% | 6.8% |
| Gresham Home By Monthly Rent | Total Homes | % of Total | Estimated Monthly Income To Afford Rented House Including Renters Insurance |
|---|---|---|---|
| $200 to $299 | 258 | 1.0% | $786 |
| $300 to $499 | 690 | 3.0% | $1236 |
| $500 to $749 | 4,601 | 21.0% | $1911 |
| $750 to $999 | 9,248 | 42.0% | $2661 |
| $1,000 to $1,499 | 4,916 | 22.0% | $3786 |
| $1,500 or more | 1,797 | 8.0% | $5436 |
| Streets in Gresham Area | Homeowners Insurance Cost |
|---|---|
| SE Hosner Ter, SW Riverview Way, SE 175th Pl, Albus Ave, SE Main Dr, SE Palmquist Rd, NE 189th Pl, SE 190th Dr, SE 13 Ter, SW 6th St | $452 |
| NE 5th St, SE 22nd Ct, SE Condor St, SE 14th Pl, NE 177th Pl, SE Orient Dr, SE 169th Ave, SE 327th Ave, SE 13th Ter, NE 230th Ct | $451 |
| SE 223rd Ave, NE Cameron Blvd, NE Clear Creek Way, SE Greenway Dr, NE 172nd Ave, NE 236th Pl, SE 178th Pl, SW Binford Lake Pkwy, SE 199th Ave, NE Clackamas Ct | $446 |
| SE Morlan Pl, SE 24th Cir, NE 23rd St, NE 229th Ct, SW Florence Ave, NE San Rafael Dr, SW Mitchell Ave, NE 165th Dr, SW 20th Way, NE 206th Ave | $447 |
| SE Hosner Rd, NE Hood Ave, SE Mimosa Dr, SW Brixton Ave, NE Village St, SE Sweetbriar Rd, SW 20th Cir, SE Vista Way, NE 25th St, SE 221st Ave | $455 |
| SW Wallula Ave, SW Ava Ave, NW Burnside Rd, SW 3rd Dr, SE 33rd Way, SW 14th St, SW Hope Cir, NE 7th St, SW Eastman Ave, SE 185th Ave | $444 |
| SE 29th St, SW Riverview Pl, SE Kane Rd, SE 195th Ave, SE 268th Ave, SE 32nd St, 7th St, SE McKinley Rd, NE Condor Dr, SE Paropa Ave | $451 |
| SE Harlow Ave, NE 206th Pl, NE 172nd Pl, NE Wasco Ct, SE Spruce Ave, SE 169th Pl, NE 171st Ave, SW Emerald Ln, NE Liberty Ave, NW Sundial Rd | $441 |
| NE 238th Dr, SW Walters Ave, SW 25th St, SE Anderson Ave, SE 292nd Pl, NW 8th Ct, SE 13th St, SE la Mesa Ave, NE Barr Rd, SW Heiney Rd | $451 |
| SE McNutt Rd, NW Council Dr, SE Margaret St, SW Mitchell Ct, SW Lillyben Ave, SE Hawthorne Ct, NE 19th St, SE Darling Ave, SE 185th Ave, SW Grant Way | $453 |
| Place | Savings For Senior Occupied Homes |
|---|---|
| Gresham | $66 to $69 |
| Wood Village | $64 |
| Troutdale | $67 |
| Multnomah County | $68 |
| Scenario | Gresham, OR Home Replacement Value MORE than Home Value | Gresham, OR Home Replacement Value LESS than Home Value |
|---|---|---|
| Replacement Value | $ | $ |
| Insurance Premium based on Replacement Value | $ | $ |
| Risk Exposure from Under Insuring Coverage | Unnecessary Home Insurance Coverage of $ | Risk Exposure from Under Insuring Coverage is $ |
| Premium Impact | Insurance cheaper by $/year | Insurance costlier by $/year |