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97215 Home Insurance Quotes & Rates

Currently, the 7,903 homes within the 97215 zip code are being challenged with rate increases and the demand for more affordable homeowners insurance premiums. The average home insurance rate for Oregon is around $586 per year for a standard HO-3 homeowners policy. A standard homeowners policy in Portland, OR, insures your home from theft, fire, windstorm damage and liability accidents on your property. Flood or earthquake damage is not covered under a basic homeowners policy, we can help you review the best coverage option for your home in 97215.

Oregon is now ranking #51 in the country for the highest premiums. If you are trying to lower your premium and want to compare up to 12 Portland home insurance quotes all in one place then GetHomeInsuranceQuotes.com of Oregon has the online shopping service for you. Our hassle free online quoting application allows homeowners in the 97215 area to review and compare the best rates and coverage options. We can provide a free consultation process to help you decide which carrier, coverage and policy is the best fit for you and your family. We realize that protecting your most valuable investment is very important to you, that is why we want to help you increase your coverage while providing the most affordable rates available. Let us help you shop and compare your Portland, Oregon home insurance rates today!

Please give us a call now at 1-855-976-2656, easily get up to 12 rates over the phone in minutes. For Portland, OR Home Insurance Quotes, start your shopping process to today, it's easy and hassle free!

97215 Home Insurance Average Premiums

Local 97215 homeowners insurance quotes comparison

$336 /yr.

Shows Zip Code: 97215 lowest rates with discounts applied on average.

For the 97215, 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)
$336 /yr.
Average Coverage:$586 /yr.
2600 sq. ft. or higher
(all discounts applied)
$886 /yr.

What is the average home insurance cost for a home in 97215?

  • • The average homeowners insurance premium paid annually for a home in 97215 is around $586 per year.

What does it cost on average per month for home insurance in 97215?

  • • Homeowners in 97215 pay a monthly average cost per month around $49.00.

What kind of discount could I get if I combine my home and auto insurance together in 97215?

  • • Autoowners in 97215 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 Portland area, check out other zip codes nearby 97215.
Review average rates in another zip code:
97218 homeowners insurance rates
97202 homeowners insurance rates
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97222 homeowners insurance rates
97233 homeowners insurance rates
97216 homeowners insurance rates
97215 homeowners insurance rates

Home Replacement Cost Coverage in 97215

Average Building Cost Per Square Foot in 97215: $221

Location: Portland, Oregon (Multnomah County)

Average Square Footage in 97215: 2,603 Sq. Ft.

When building or updating a home, it's always good to review the average cost per square foot to build in 97215 before you start any project. Portland 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 97215 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 97215 and want to estimated the dwelling coverage, than we will need the square footage of the home which is 2,603 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 Portland 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$2212,603$575,300
Additional Upgrades & Added Features$2762,603$719,125
Major Home Updates or Advancements$3322,603$862,950

It's important to understand that when you estimate your replacement cost of your home in the 97215 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 97215

Best Home & Auto Insurance Agencies in 97215

Locke Insurance Agency Inc - State Farm Insurance Agent

Address: 4530 SE Hawthorne Blvd Portland, OR 97215
Phone:
Website:
Info:

Farmers Insurance

Address: 4511 SE Hawthorne Blvd Portland, OR 97215
Phone:
Website: http://www.farmers.com
Info: Auto Insurance Quotes | Home, Life & Car Insurance | Farmers Insurance
Home, life and auto insurance quotes from Farmers Insurance Group. With discounts on car insurance and fast claim service its no wonder over 4000 customers a day switch to Farmers. Farmers Insurance group, auto insurance quotes, car insurance, auto insurance, automobile insurance, rate quote, business insurance, financial insurance, home insurance, mutual funds, life insurance, motorcycle insurance, farmers agent, renters insurance,

Housing Demographics for 97215

Population Review for 97215 Zip Code

For the city of Portland, the population within 97215 has increased to over 17,932 residents in population size. The current population total is 18,221. We have broken down the population based on race below. In 97215, there are over 8871 in male population and 9350 females.

PopulationValues
Total Population18,221
White Population14374
Black Population339
Hispanic Population1276
Asian Population1016
Hawaiian Population51
Indian Population93
Other Population472
Male Population8871
Female Population9350
Population Estimate17932

Household Data for 97215

The average number of homes in 97215 is around 7,903, there are an average of 2.25 per household. The average house value according to local real estate values is around $575,300. Please review the following demographics below for average income and media age.

Housing / Income DataValues
Households Per Zipcode7,903
Persons Per Household2.25
Average House Value$575,300
Income Per Household$91680
Median Age40.2
Median Age Male40.0
Median Age Female40.5
97215 DetailsValues
StateOR
State Full NameOregon
City TypeP
City Alias Abbreviation
Area Code503
CityPortland
City Alias NamePORTLAND
CountyMultnomah
County FIPS051
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 Businesses482
Number Of Employees3259
Business First Quarter Payroll28422
Business Annual Payroll130868
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 District03
Congressional LandArea1074.46
Delivery Residential7970
Delivery Business352
Delivery Total9189
Preferred Last Line KeyZ15411
Classification Code
Multi-County
CSA NamePortland-Vancouver-Salem, OR-WA
CBSA_DIV_Name
City State KeyZ15411
Land Area2.335000
Water Area0.030000
City Alias Code
City Mixed CasePortland
City Alias Mixed CasePortland
Box Count0
SFDU6801
MFDU821
State ANSI41
County ANSI051
ZIP Intro
Alias Intro
Facility CodeP
City Delivery IndicatorY
Carrier Route Rate SortationD
Finance Number406784
Unique ZIP Name
SSA State County Code38250
Medicare CBSA Code38900
Medicare CBSA NamePortland-Vancouver-Hillsboro, OR-WA
Medicare CBSA TypeMetro
Market Rating Area ID1
County Mixed CaseMultnomah

Oregon Homeowners Insurance News & Information

  • Homeowners Shopping Rates Due to Rise in Premiums Posted on Monday 23rd September, 2024

    According to the recently released J.D. Power 2024 U.S. Home Insurance Study a nationwide rise in premiums has driven many customers to shop for new policies as their rates are now too high.  “’The average shopping rate among home insurance customers has climbed to a record high of 6.8% through the second quarter of 2024, […]

  • Where is it cheaper to rent than to buy a home in the United States? Posted on Thursday 5th September, 2024

    According to a new study from Clever Real Estate, a St. Louis-based real estate company, monthly rent costs are actually cheaper than a monthly mortgage payment in 48 of the 50 most populous cities in the United States. Their analysis looked at mortgage principals, interest, taxes as well as homeowners insurance and they found that […]

  • Review How Many Homeowners Are Not Insured Per State Posted on Thursday 29th August, 2024

    One of the major costs of owning a home is protecting it with homeowners insurance. This will ensure your home is repaired or rebuilt if it is damage or destroyed by a covered peril. It also helps protect you against lawsuits, theft and even vandalism. If you have a mortgage on your home, your lender […]