Renters Insurance Oregon

Compare Quotes from Top Providers and Save now!

In 2013, the average estimated cost of renters insurance in Oregon was $136 a year. Compared to that the average homeowners insurance is $450 a year in Oregon, thus renters insurance is cheaper than most people realize.

Comparing Renters and Owners Insurance in 2013 in Oregon

The landlord's policy does not cover renter's damages like burglary. There were 21901 burglaries reported in Oregon in 2012. So, to protect one from events like fire, burglary or other disasters renters insurance is required.

Renters Insurance Coverage Types:

Actual cash value policy:
This policy covers the depreciated value of the loss. For instance, that Laptop you bought for $870 might only be worth $440 six months later – and that's all you're going to get for it.

Replacement Coverage Policy in Oregon:

Estimated Renters Insurance for Different House Types in Oregon

House Type Median Rent Estimated Renters Insurance
Single Fam $1,200 $156
Duplex $900 $117
Studio $730 $94
One Bed $840 $109
Two Bed $930 $120
Three Bed $1,250 $162
Four Bed $1,590 $206
Many Bed $1,200 $156

Deductibles in Oregon:

By opting for a $500 deductible over a $250 deductible, an average of $14.96 can be saved on the insurance premium.