Lake Oswego Insurance Rates:

Lake Oswego, OR homeowners insurance is nearly $418 to $569, about $34-$47/month. Our thorough research reveals consumers can save as much as $197 by comparing different quotes. Enter your zipcode below and click “GO” to get multiple free quotes.

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Find the Cheapest Homeowners Insurance in Lake Oswego, OR

As a homeowner in Lake Oswego, you know your home is your biggest investment. That’s why it’s important to protect it with quality home insurance. A good home insurance policy will cover your home in the event of damage from fire, weather, theft, or other disasters. The average cost of homeowners insurance in Lake Oswego, OR, is $1303. Your premiums are determined by various factors by the home insurance carriers in Lake Oswego, Oregon. These include age, location, deductible, past claims history, kind of materials, and other home characteristics. Insurance companies also consider particular characteristics, such as a trampoline or swimming pool on the property, as well as prospective safety features to protect your home. Following a thorough investigation by VHome into the variables affecting the price of homeowners insurance, here are three suggestions for getting affordable homeowners insurance in Lake Oswego, OR.

Choose a Higher Deductible

Choosing a higher deductible on your home insurance policy can save you money on premiums in Lake Oswego, Oregon. A higher deductible means you will have to pay more out of pocket if you have a claim, but your premiums will be lower. This can be a good option for people with a good home insurance history who are not likely to file a claim. For instance, homeowners in Lake Oswego, Oregon, pay $1287 and $1096 for homeowners insurance when they select $500 and $1500 deductibles. But when their deductibles are $2000 and $2500, homeowners pay $995 and $935, respectively. As a result, homeowner's insurance premiums in Lake Oswego, OR, decrease the larger the deductible.

Install Security Features

Home insurance premiums in Lake Oswego, Oregon, can be lowered by adding security features to your home. Some simple security measures include installing deadbolt locks, security alarms and cameras. By taking these steps, you can deter would-be burglars and lower your risk of being a victim of crime. In addition, many insurance companies offer discounts for homes with these security features. So, not only can you help protect your home and belongings, but you can also save money on your insurance premiums. For instance, in Lake Oswego, Oregon, homes with deadbolts and fire extinguishers pay $1186 and $1160 for home insurance.

Maintain Zero Claims History

Maintaining a zero claims history is the best way to reduce the cost of home insurance in Lake Oswego, OR. Your claims history records all the claims you've made on your home insurance policy. Insurance companies use this information to determine how much of a risk you are to insure. The more claims you've made, the more likely you will file a claim. Insurance companies also use your claims history to determine your premium. For instance, in Lake Oswego, Oregon, homeowners who have never filed a claim must pay a premium of $1147. In contrast, homeowners in Lake Oswego, Oregon, must pay $1381 and $1485 for homeowners insurance when they have one or two claims.

Lake Oswego, OR Homeowners Insurance By Home Value

Lake Oswego, OR Home Value Total Homes % of Total Average Lake Oswego, OR Homeowners Insurance
$50,000 to $59,999 50 1.0% $49
$70,000 to $79,999 44 1.0% $74
$80,000 to $89,999 43 1.0% $83
$90,000 to $99,999 38 1.0% $93
$100,000 to $124,999 154 4.0% $108
$125,000 to $149,999 155 4.0% $138
$150,000 to $174,999 256 7.0% $163
$175,000 to $199,999 139 3.0% $187
$200,000 to $249,999 540 15.0% $222
$250,000 to $299,999 436 12.0% $276
$300,000 to $399,999 1,667 46.0% $350

Top Home Insurance Agents Near Lake Oswego, OR

Home Insurance Company Near Lake Oswego, OR Homeowners Insurance Agency Near Lake Oswego, OR Address
NA Cannon Insurance Solutions, Inc. 8285 Sw Nimbus #124 Salem, Beaverton, OR, 97008
State Farm Adam Saffel 142 NE 3rd Ave, Hillsboro, OR, 97124-3150
Travelers Matrix Wealth Management Inc 1001 SW 5TH AVE STE 2175, PORTLAND, OR, 97204
State Farm Michael Holton 7113 SW Macadam Ave, Portland, OR, 97219-3075
Allstate Rita Semling 521 S Columbia River Hwy, Saint Helens, OR, 97051

Lake Oswego, OR Home Insurance Agents for Top Companies

Cost Of Homeowners Insurance By Street Near Lake Oswego, OR

Streets in Lake Oswego Area Homeowners Insurance Cost
Erickson St, S Glenmorrie Ter, Cameo Ct, Durham St, St Helens Cir, Lee St, SW Childs Ct, Bernini Ct, Amberwood Cir, C Ave$474
Scott Ct, Candlewood Ct, SW Bernard St, Holy Names Dr, SW Mellon Ave, Suncreek Dr, Hiawatha Ct, Shady Hollow Way, SW D Ave, Cornell Ct$478
Woodhurst Pl, Sunray Ct, Tualamere Ave, Brookhurst Ct, Skye Park Way, Red Wing Way, Independence Ave, Indian Trl, SW 61st Ave, Brookhurst Dr$474
Partridge Dr, SW Glen Haven Rd, SW Hofer Ct, Clara Ct, Cedar St, Sylvan Dr, SW Botticelli St, SW Shireva Ct, Kimball Ave, Oxford Dr$493
Obrien St, Fielding Rd, Marylhurst Dr, Kruse Oaks Blvd, Village Park Ct, Preakness Dr, SW Conifer Ter, SW Collins Way, Yarmouth Cir, Rye Rd$509
Sunray Cir, Gershwin Pl, Old River Rd, E Ave, SW Banyon Ln, SW Deerbrush Ave, Tree St, Tanager Dr, Churchill Downs, Aquinas$474
Foothills Dr, Tualatin St, Greentree Rd, SW Harrington Ave, el Greco St, Stewart Glenn Ct, SW Birdshill Rd, Boones Way, Mellon Ave, Iron Mountain Blvd$532
View Dr, Morgan Ct, Twin Creek Ct, Canyon Ct, Robin View Dr, Mountain View Ct, Greentree Ave, Ellis St, SW Childs Rd, Greenbrae Dr$477
Abelard St, Laburnum Way, SW Terry Ct, Fairmont Rd, Eastridge Ln, Erin Ct, Pearcy St, Deerbrush Ave, Boca Ratan Dr, S Greenbluff Dr$474
Haven St, Stonehaven Dr, SW Highland Dr, Wood Duck Cir, Kennycroft Way, Terry Ct, Galen St, Greystoke Dr, Glenmorrie Dr, McVey Ave$473

Lake Oswego, OR Home Insurance Savings For Senior Occupied Homes

PlaceSavings For Senior Occupied Homes
Lake Oswego$73 to $76

Lake Oswego, OR Auto & Homeowners Insurance Bundling Discounts

Place 1 Car Bundle Savings On Insurance 2 Car Bundle Savings On Insurance 3 Car Bundle Savings On Insurance
Stafford CDP, Oregon $68 $90 $135
Rivergrove city, Oregon $63 $83 $125
Durham city, Oregon $60 $79 $119

Lake Oswego, OR Area Home Insurance as a % of Housing Cost

PlaceHome insurance as a % of housing cost for homes with mortgageHome insurance as a % of housing cost for homes without mortgage
Lake Oswego, OR1.7%5.4%

Lake Oswego Renters Insurance as a Percentage of Rent

Lake Oswego Home By Monthly Rent Total Homes % of Total Estimated Monthly Income To Afford Rented House Including Renters Insurance
$500 to $749 185 4.0% $1876
$750 to $999 1,074 23.0% $2626
$1,000 to $1,499 1,919 42.0% $3751
$1,500 or more 1,280 28.0% $5401

Lake Oswego, OR Home Insurance Costs With Deductible Scenario

Low DeductibleHigh Deductible
Yearly Lake Oswego Homeowner Insurance Premium Example $900$500
Out of Pocket Expense During Claim$1,400$3,400
Total Home Insurance Premium for 7 years + Out of Pocket Expense for Claim $7,700$6,900
Net Savings to Lake Oswego Home Owner from High Deductible Plan $800

Lake Oswego, OR Home Insurance Costs With Home Replacement Value Scenarios

Scenario Lake Oswego, OR Home Replacement Value MORE than Home Value Lake Oswego, OR Home Replacement Value LESS than Home Value
Replacement Value $753,000 $529,500
Insurance Premium based on Replacement Value $2,175 $1,525
Risk Exposure from Under Insuring Coverage Unnecessary Home Insurance Coverage of $108,500 Risk Exposure from Under Insuring Coverage is $115,000
Premium Impact Insurance cheaper by $325/year Insurance costlier by $325/year

Example Lake Oswego Homeowners Insurance Comparison Table to Compare The Cheapest Quotes

Insurance Company State FarmAllstateLiberty Mutual
Monthly Premium 9650159
Year Built 201319841998
Home Details 4 Beds, 2 Baths3 Beds, 1 Baths5 Beds, 2 Baths
Coverage Amount $600000-$700000$350000-$400000$900000-$1000000
Deductible > $10,000 Deductible> $10,000 Deductible$1000-$2500 Deductible

Sample Home Insurance Rates for Lake Oswego, OR from Consumer Reviews & Surveys

Year Built Home Value Roof Type Sqft Number of Bedrooms Deductible Premium Premium Months Siding Type Smoker/Non Smoker
1992 885,000 Membrane Roof 3,460 5 $500 Deductible 2100 7 Brick siding yes
1975 365,000 Shingles Roof 1,490 2 $500 Deductible 1480 12 Fiber-Cement Siding yes
1984 430,000 Wood Shake Roof 1,840 4 $500- $1000 Deductible 1060 9 Stone Siding No
2005 545,000 Membrane Roof 2,690 4 > $10,000 Deductible 750 10 Stone Siding yes
2005 775,000 Composition Roof 2,830 4 $1000-$2500 Deductible 460 3 Brick siding yes
2014 810,000 Wood Shake Roof 2,970 4 $500 Deductible 1140 6 Brick siding yes
2013 580,000 Slate Shingles Roof 3,030 5 $500 Deductible 1140 8 Wood siding No
1992 700,000 Slate Shingles Roof 3,230 5 $5000 to $10,000 Deductible 290 3 Vinyl siding No
2013 475,000 Shingles Roof 2,280 4 $500- $1000 Deductible 1240 10 Fiber-Cement Siding yes
1975 655,000 Shingles Roof 2,390 3 $5000 to $10,000 Deductible 280 2 Stone Siding yes
1984 640,000 Wood Shake Roof 3,380 5 $2500-$5000 Deductible 200 2 Stone Siding yes
2003 280,000 Slate Shingles Roof 1,010 2 $2500-$5000 Deductible 420 9 Vinyl siding No
1983 460,000 Composition Roof 1,690 2 $1000-$2500 Deductible 470 5 Wood siding yes
1978 490,000 Metal Roof 2,250 5 $500- $1000 Deductible 420 4 Vinyl siding yes
2011 225,000 Slate Shingles Roof 930 2 $500- $1000 Deductible 240 5 Vinyl siding yes
1975 460,000 Composition Roof 1,670 3 $2500-$5000 Deductible 700 8 Brick siding yes
1995 340,000 Wood Shake Roof 1,590 2 $500- $1000 Deductible 470 5 Vinyl siding No
1996 410,000 Metal Roof 1,620 2 $1000-$2500 Deductible 330 4 Wood siding No
1996 625,000 Asphalt Shingles Roof 2,470 4 > $10,000 Deductible 250 3 Stucco siding No
1982 360,000 Membrane Roof 1,820 5 $500- $1000 Deductible 950 9 Stucco siding yes
1974 235,000 Membrane Roof 1,180 2 $500 Deductible 60 1 Stucco siding yes
1977 440,000 Slate Shingles Roof 1,720 2 > $10,000 Deductible 220 4 Stucco siding No
2001 880,000 Slate Shingles Roof 3,220 4 $5000 to $10,000 Deductible 290 2 Brick siding yes
2012 815,000 Composition Roof 3,230 4 > $10,000 Deductible 490 6 Stone Siding yes
1988 390,000 Membrane Roof 1,390 2 $500- $1000 Deductible 170 3 Fiber-Cement Siding yes
1978 425,000 Wood Shake Roof 1,550 5 $500- $1000 Deductible 1070 12 Stucco siding No
1983 940,000 Composition Roof 3,510 5 $1000-$2500 Deductible 250 2 Stone Siding No
1974 695,000 Metal Roof 3,300 4 $500- $1000 Deductible 170 1 Stucco siding yes
2011 590,000 Asphalt Shingles Roof 2,140 3 $1000-$2500 Deductible 840 7 Fiber-Cement Siding No
1978 1,045,000 Composition Roof 4,740 5 $500- $1000 Deductible 660 3 Fiber-Cement Siding No
2007 1,350,000 Wood Shake Roof 5,000 5 > $10,000 Deductible 980 8 Brick siding No
1975 435,000 Metal Roof 1,900 3 $2500-$5000 Deductible 920 9 Brick siding No
1998 1,045,000 Membrane Roof 4,870 5 $2500-$5000 Deductible 850 4 Fiber-Cement Siding No
1992 405,000 Membrane Roof 1,730 4 > $10,000 Deductible 500 12 Stucco siding yes

Latest Home Insurance Reviews

State Farm
Nobody likes to pay money anywhere. Our deductible seems fine, but again this is luckily something we haven't had to mess with. Also, unsure how State Farm compares to competing insurance providers.
State Farm
I would definitely recommend State Farm to anyone for home and auto insurance. We have lived in different areas of the country over the years, and they always have been the best.
I would recommend Allstate because of their pricing and availability online and on phone.
State Farm
It is comparable to other home insurance providers. My policy has all of the same offerings that any other company would have, but at an excellent monthly premium.
I would recommend geico because you can bundle homeowners and auto for a discount. I have never had any problem with geico. The customer service is great and helpful.
We are satisfied with the premium amount for this homeowners insurance. We have never had to make a claim, so cannot speak as to how that would be with this company.
American Family Insurance
the coverage a premium amount as different from the others and deductible the amount can be others on the american insurance company the one of the most famous company in texas.
I have homeowners with Allstate, while it is not the lowest cost I have had exceptional service. The one and only time I had to use the insurance was when a large tree fell onto the roof and caused over 39,000 in damage.
The deductible isn't that bad but it could be lower. I don't feel that it is exorbitant.
i would recommend this insurance, due to its customer service, their policies and efficiency. Also they have very flexible policies for every budget.
It allows us to remain safe and secure in our location. Some other policies offer things we don't need with where we live. Our weather and elevation plays a key role in why we went with the policy we did.
MetLife has friendly and responsive customer service representatives, and they pay out for losses without a hassle.they will do whatever they need to in order to find ways you can save on the premium.
I would recommend this company because to me they provide you great customer service and also offers you a wide range if products to cover all of your insurance needs. If I gave this an rating out of 1 out of 5 I would give this an rating of am 4
American Family Insurance
Liberty Mutual
When i purchased my last car liberty mutual was very accommodating to quickly add the new vehicle before i left the lot. the process was very easy.
Everything is done in san Antonio so if you have a large check to cash you have to mail it in. There are no branch offices for convenience.
My mortgage company recommended them, and so far they are good. I have had no problems with them so far.
State Farm
there is nothing I can say bad about the company they are fair and completely honest with you and your needs
Allstate premium is about the same as state farm, progressive, and bank of America. The cover the same basic things. I compared the premium and found that it is better quality for the price. I will remain with this company for the next 10-15 years. I enjoy the low premium
The reason we switched to our current provider is that we were paying $1600 a year in comparison to the $800 we are paying now. Our policy had gone up $800 in the four years we had owned our house before we switched. No one at that company could explain why.
I would give the insurance a 5, due to the many problems that occured with my house. They had no problem covering cost.

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