Even though Oregon does not require homeowners to have homeowner's insurance, the vast majority of homeowners do, either because they choose to or because the bank that holds their first mortgage requires it.
One reason why so many people who own their own homes have homeowner's insurance is that it just makes good financial sense. Most people's biggest investment, after all, is their home, and it makes good financial sense to protect that investment with insurance.
The cost of homeowner's insurance can vary a lot from company to company, so the only real way to compare low-cost homeowner's insurance in Oregon is to go online and use one of the many websites made for that purpose.
But there are a few things you need to do before you start to compare prices.
First, figure out how much it would really cost to replace your home. Do not underestimate. If something happens to your house, you want to make sure you have enough money to fix it. If you don't know how to figure out how much your house would cost to rebuild, find a professional who does. This could be a building contractor or a real estate agent who knows their stuff.
Next, check that your house has enough smoke and fire alarms and that they all work. Get a fire extinguisher or more for your home. Make sure they can handle fires in the kitchen. If you can afford it, put in motion-detecting lights outside and a burglar alarm inside.
Make sure that all doors have deadbolt locks that work and that all windows can be shut and locked. This includes windows on the second floor.
Make sure that any trees near your house are cut back enough so that they don't break or fall over in strong winds or heavy rain.
Anything you can do to make your house safer and less likely to be broken into or burned down will make it easier to compare and find low-cost homeowner's insurance in Oregon.
