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Homeowners Insurance in 97123

For homeowners living in 97123, you want more affordable home insurance rates in Hillsboro, right? Our rates are very competitive for homeowners living in the great city of Hillsboro, OR. Many homeowners living in the 97123 area have found it very easy to shop with GetHomeInsuranceQuotes.com. For example, we clearly showcase the top home insurance companies that we will shop for you all in one place. Plus, our homeowners insurance quotes are free and our Oregon licensed agents can provide a free consultation service to you that allows you to ask questions about which policy and coverage option is best for you and your family. Get the home insurance protection you need and start a free home insurance quote today, simply click the "Get Multiple Quotes Now" button. Your 97123 should appear in the zip code field ready to go. Comparing Hillsboro, OR Home Insurance Quotes in your area, we can review the best rates and coverage options with multiple carriers to choose from.

97123 Home Insurance Costs Are Considered: Very Low!

The overall cost of homeowners insurance on average for a standard HO-3 home insurance policy for homeowners living in Hillsboro pay around $521 per year. For affordable homeowners insurance, we have the best prices when it comes to comparing Oregon home insurance rates. At GetHomeInsuranceQuotes.com, we compare the most competitive companies then we let you review the most affordable rates and coverage options. Homeowners living in the 97123 zip code usually have questions about which coverage option is best. Our process is spam and hassle free so you can get your questions answer quickly and review the best home insurance policy for you. Most of all, Hillsboro homeowners enjoy saving up to 40% or even more when we apply all the discounts available. Let us help you shop and save on your Oregon home insurance premium today!

Get 97123 Homeowners Insurance Rates Now!

97123 Home Insurance Average Premiums

Local 97123 homeowners insurance quotes comparison

$271 /yr.

Shows Zip Code: 97123 lowest rates with discounts applied on average.

For the 97123, homeowners insurance rates may vary on deductible, coverage amount and property details. Below is a list of the averages based on the cost of an annual home insurance premium.

Coverage Amount:Annual Premium
1800 sq. ft. or below
(discounts applied)
$271 /yr.
Average Coverage:$521 /yr.
2600 sq. ft. or higher
(all discounts applied)
$821 /yr.

What is the average home insurance cost for a home in 97123?

  • • The average homeowners insurance premium paid annually for a home in 97123 is around $521 per year.

What does it cost on average per month for home insurance in 97123?

  • • Homeowners in 97123 pay a monthly average cost per month around $43.00.

What kind of discount could I get if I combine my home and auto insurance together in 97123?

  • • Autoowners in 97123 can receive a 20% to 25% discount if they own a home and would like to group or bundle their car and home insurance together with one insurance company.

For shopping home insurance rates within the Hillsboro area, check out other zip codes nearby 97123.
Review average rates in another zip code:
97124 homeowners insurance rates
97123 homeowners insurance rates

Home Replacement Cost Coverage in 97123

Average Building Cost Per Square Foot in 97123: $221

Location: Hillsboro, Oregon (Washington County)

Average Square Footage in 97123: 1,735 Sq. Ft.

When building or updating a home, it's always good to review the average cost per square foot to build in 97123 before you start any project. Hillsboro homeowners pay on average around $221 per square foot to build a home. Another great reason to know the average cost to build is for your homeowners insurance policy. A standard homeowners policy will help you cover the replacement cost of your home due a fire or any other named perils on your policy. Calculating your dwelling coverage for your home in 97123 is extremely helpful when estimating how much replacement cost coverage you need. We highly recommend that you have enough dwelling coverage to rebuild your home if it was destroyed by a covered peril.

Here is how you determine your replacement cost. If we take an average home in 97123 and want to estimated the dwelling coverage, than we will need the square footage of the home which is 1,735 sq. ft. and the average cost to rebuild the home in this area is around $221 per square foot would be considered a base estimate cost. These two numbers would allow us to generate the replacement cost needed for an average size home in the Hillsboro area. If the home is new or has been upgraded, you will want to add $50 to $100 or more per square foot to equally cover the replacement cost to restore a home back to it's original condition.

Home Improvement StatusPrice per Sq. Ft.Square FeetDwelling Coverage
Basic Home Features$2211,735$383,500
Additional Upgrades & Added Features$2761,735$479,375
Major Home Updates or Advancements$3321,735$575,250

It's important to understand that when you estimate your replacement cost of your home in the 97123 zip code area, it will be the cost to replace the structure of your home, not the additional value of the property that is factored in when purchasing a new home.

Best Homeowners Insurance Agencies in 97123

Best Home & Auto Insurance Agencies in 97123

Nationwide Insurance Oficina Hispana

Address: 970 SE Oak St Hillsboro, OR 97123
Phone:
Website: http://www.nationwide.com
Info: Nationwide Insurance - Auto Insurance Quotes and Car Insurance Rates
Start saving on car insurance today when you get a free online auto insurance quote or call (888)890-4630. Enjoy the ease of working with Nationwide for your auto insurance needs and our competitive auto insurance rates. car insurance, auto insurance, online auto insurance, auto insurance rates, car insurance quote

State Farm Insurance

Address: 230 E Main St, Ste A Hillsboro, OR 97123
Phone:
Website: http://www.portland.citysearch.com/profile/external/46274231/hillsboro_or/state_farm_insurance.html
Info:

American Family Insurance- Donald B Denning Agency Incorporated

Address: 111 SE 3rd Ave Hillsboro, OR 97123
Phone:
Website: http://www.dexknows.com/rd?dku=http://www.dexknows.com/business_profiles/american_family_insurance__donald_b_denning_agency_inc-b1191067&mkt=63801
Info:

Allstate Insurance Companies - Sales Offices- Hillsboro

Address: 4855 SE Tualatin Valley Hwy Hillsboro, OR 97123
Phone:
Website: http://www.allstate.com
Info: Allstate Car Insurance Quotes, Home Insurance, Financial Products and More
Allstate auto insurance quotes and anonymous ballpark estimates to help protect you, your family and your automobile. Insurance and financial products include car insurance, home insurance, business insurance, life insurance, IRAs and annuities. car insurance, auto insurance quote, vehicle insurance, free online insurance quotes, rate quote, life insurance, annuities, mutual funds, IRAs, allstate insurance agent, allstate.com

Allstate Insurance-Danny R. Peterson Jr.

Address: 305 SE 3rd Ave Hillsboro, OR 97123
Phone:
Website: http://www.allstatetoolkit.com/clicks_rate.asp?MB_ID=1345
Info:

Housing Demographics for 97123

Population Review for 97123 Zip Code

For the city of Hillsboro, the population within 97123 has increased to over 54,583 residents in population size. The current population total is 48,369. We have broken down the population based on race below. In 97123, there are over 24483 in male population and 23886 females.

PopulationValues
Total Population48,369
White Population28446
Black Population1095
Hispanic Population13866
Asian Population4152
Hawaiian Population240
Indian Population774
Other Population7417
Male Population24483
Female Population23886
Population Estimate54583

Household Data for 97123

The average number of homes in 97123 is around 16,225, there are an average of 2.92 per household. The average house value according to local real estate values is around $383,500. Please review the following demographics below for average income and media age.

Housing / Income DataValues
Households Per Zipcode16,225
Persons Per Household2.92
Average House Value$383,500
Income Per Household$89492
Median Age36.7
Median Age Male35.9
Median Age Female37.3
97123 DetailsValues
StateOR
State Full NameOregon
City TypeP
City Alias Abbreviation
Area Code503
CityHillsboro
City Alias NameHILLSBORO
CountyWashington
County FIPS067
State FIPS41
Time Zone8
Day Light SavingY
MSA6442
PMSA6440
CSA440
CBSA38900
CBSA_DIV
CBSA_TypeMetro
CBSA_NamePortland-Vancouver-Hillsboro, OR-WA
MSA_NamePortland-Salem, OR-WA CMSA
PMSA_NamePortland-Vancouver, OR-WA PMSA
RegionWest
DivisionPacific
MailingNameY
Economic & Growth ReviewValues
Number Of Businesses1208
Number Of Employees15513
Business First Quarter Payroll257077
Business Annual Payroll982715
Business Employment Flag
Growth Rank0
Growth Housing Units 2003
Growth Housing Units 2004
Growth Increase Number0
Growth Increase Percentage0.0
Metropolitan DetailsValues
CBSA Population2226009
CBSA Division Population0
Congressional District01|06
Congressional LandArea3007|0
Delivery Residential18693
Delivery Business1209
Delivery Total20840
Preferred Last Line KeyZ15101
Classification Code
Multi-CountyY
CSA NamePortland-Vancouver-Salem, OR-WA
CBSA_DIV_Name
City State KeyZ15101
Land Area55.666000
Water Area0.043000
City Alias Code
City Mixed CaseHillsboro
City Alias Mixed CaseHillsboro
Box Count867
SFDU6183
MFDU1193
State ANSI41
County ANSI067
ZIP Intro
Alias Intro
Facility CodeP
City Delivery IndicatorY
Carrier Route Rate SortationD
Finance Number403888
Unique ZIP Name
SSA State County Code38330
Medicare CBSA Code38900
Medicare CBSA NamePortland-Vancouver-Hillsboro, OR-WA
Medicare CBSA TypeMetro
Market Rating Area ID1
County Mixed CaseWashington

Oregon Homeowners Insurance News & Information

  • 2025 – Study Shows Home Insurance Market Stabilizing Posted on Wednesday 11th December, 2024

    According to a new report from Matic, the homeowner’s insurance market has shown signs of stabilizing roughly two years after major premium hikes and coverage challenges.  Even though premiums are high, trends in the insurance industry show that a slowdown in premium growth may be coming. Here is a brief overview of the report and […]

  • What’s the average home insurance rate for a $300K home in 2024? Posted on Monday 9th December, 2024

    A recent report from Insurance.com found that the average homeowners insurance rate for a $300,000 in homeowners coverage hit $2,777 per year which breaks down to $231 monthly.  The cost of homeowners insurance in some states can be extremely expensive, for years Florida has been know to have the highest premiums in the nation. When […]

  • $4.5B Estimated In Insured Losses After 2024 Florida Hurricanes Posted on Wednesday 13th November, 2024

    According to the Florida Office of Insurance Regulation, the three hurricanes that made landfall this year have caused more than $4.5 billion in estimated insured losses. Hurricane Debby, Helene and Milton all hit the state within two months of each other Helene and Milton struck just two weeks apart. State data show that over 269,000 […]