Oregon Renters Insurance

Learn more about renters insurance in Oregon.

Get Renters Insurance

How to get affordable renters insurance in Oregon

Renters insurance is a great — and cheap! — way to ensure your personal belongings are insured against common incidents. Renters insurance protects personal items in the event of fire or smoke damage, a wind storm, theft, vandalism and a variety of other circumstances.

Unlike auto insurance, renters policies aren’t priced based on state-level legislation. Still, there are often variations in insurance pricing from state to state. Renters rates in US states differ based on the value of — and total number of — renters claims filed in that state, and depend on the value of the belongings being insured.

Getting renters insurance in Oregon is less expensive than the nationwide average. The typical annual renters insurance rate in Oregon is $165, $20 less expensive than the national average.

The best way to find an affordable renters insurance policy in Oregon is to get quotes from multiple companies. Learn how much renters insurance costs in Oregon via the below breakdown. Your rates may vary, depending on your coverage limits and the valuation of your belongings.

Jump to:
  1. Rates by company
  2. Rates by city
  3. Rates by coverage level
  4. Bundling discounts
  5. Frequently asked questions

Renters insurance prices in Oregon by company

Renters insurance rates in Oregon will vary based on the insurer you choose. Safeco underwrites the most affordable renters insurance in Oregon — just $108 per year. This compares favorably to the state average price of $165, offering a 34% price break on average policy costs statewide.

Start searching for cheap renters insurance by reviewing the cheapest Oregon renters insurance carriers, listed below.

CompanyAverage Annual Rate in Oregon
State Farm$128

Oregon renters insurance costs by city

Not all Oregon cities have equal renters insurance rates. Pricing may depend on city-specific variables, including the number of claims filed nearby, giving your ZIP code weight in deciding how much you pay.

The most affordable renters insurance rates in Oregon are in Hillsboro. The average renters insurance policy in Hillsboro costs $158 each year — $7 less than the state average. The below cities have the most affordable renters insurance in Oregon.

CityAverage Annual Renters Insurance Rate
Forest Grove$159

Looking for renters insurance info for a particular city? Have a look at our breakdown of major metropolitan areas in Oregon.

  1. Portland


Renters insurance in OR by coverage tier

The cost of your renters insurance depends on the amount of coverage you opt to carry. The most common levels of renters insurance coverage are $25,000 and $50,000 property coverage. In Oregon, the annual cost differential between these levels is about $57. If you can afford the up-front expense, purchasing more coverage might not be a bad idea.

Coverage LevelAverage Annual Renters Insurance Rate in Oregon
$25K Property$136
$50K Property$193

Tip: bundle auto and renters insurance in Oregon

If you’re seeking ways to save on your insurance expenditures, consider holding your car and renters policies with the same insurance company. A renters and car insurance bundle in Oregon can lead to substantial savings on car insurance. Bundling policies in Oregon may earn you a yearly discount of $83.

Avg. Annual Rate (No Bundle)Avg. Annual Rate (w/ Bundle)Annual Savings ($)Annual Savings (%)

Oregon renters insurance FAQs


Is renters insurance required in Oregon?

In Oregon, a landord can require tenants to purchase and maintain renter's liability insurance. However, this requirement is waived if the tenant has a household income that is equal to or less than 50 percent of an area's median income.

What does Oregon renters insurance cover?

Oregon renters insurance provides coverage for your belongings as well as liability coverage in the event that someone is injured or causes damage to the property.

Need a Renters Insurance Quote?
Kristine Lee
Kristine Lee LinkedIn

Kristine is a licensed insurance agent and one of The Zebra’s in-house content strategists. With a background in copywriting, she covers the ins and outs of the home and car insurance industries. She has contributed to numerous publications focused on the nuances of insurance, including Automoblog, USInsuranceAgents.com, and BestCompany.com.