Get Warm Springs, OR Home Insurance Rates!
Did you know that homeowners rates in Warm Springs, OR are subjected to increase or decrease per your risk, coverage options, deductible and discounts available. Home insurance companies providing coverage in Warm Springs provide rates on a variety of different options. Our job is to help you review which rate is best for you. You may like cheaper rates at first but low prices may not be so attractive to you when you compare coverage levels. Most homeowners appreciate the dependability in knowing the top rated company they choose will make life easier if you ever have to file a claim. Getting the right insurance policy makes a world of difference when it comes to protecting your home.
Warm Springs, OR Homeowner Questions:
What is the average monthly cost of home insurance in Warm Springs, OR?
Homeowners insurance is usually paid annually and the average rate per year for a home in Warm Springs is around $735, that's $61 per month.
Please note that average rates for your area mentioned above are based on a standard HO-3 policy. We help customers review competitive homeowners insurance rates in Warm Springs while also shopping top carriers, enhanced coverage options and applying discounts. Enter your OR zip code and let us help you shop more affordable home insurance rates today!
What is the total number of homes in this area?
The total homes in the city of Warm Springs is 996 housing units.
What is popluation for Warm Springs, OR?
The city limit population is around 11,961.
What is the average household income?
The average annual income in the Warm Springs area is estimated to be around $46,382.
What is the average real estate value for a home in Warm Springs?
The average value of a home in Warm Springs is $109,600.
Compare Homeowners Insurance Rates in Warm Springs, OR!
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Average Rates Nearby Warm Springs
Are you looking for homeowners insurance in a city near Warm Springs? Review coverage options and average rates in your area by clicking your city below. We can help you shop home insurance rates!
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Home Insurance Rates by Zipcode in Warm Springs, OR
Easily review average rates and get multiple homeowners insurance quotes by clicking your zip code below located in Warm Springs.
Warm Springs, OR Home Insurance Average Premiums
$308 /yr.
For the city of Warm Springs, 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) | $308 /yr. |
| Average Coverage: | $558 /yr. |
| 2600 sq. ft. or higher (all discounts applied) | $858 /yr. |
What is the average home insurance cost for a home in Warm Springs, OR?
- • The average homeowners insurance premium paid annually for a home in Warm Springs is around $558 per year.
What does it cost on average per month for home insurance in Warm Springs, OR?
- • Homeowners in Warm Springs pay an average cost per month around $47.00 for insurance coverage.
Warm Springs, OR - 2023 Housing Information
| Month | Current Home Value (2023) | Last Year Home Value (2022) |
|---|---|---|
| January | $0 | $0 |
| February | $0 | $0 |
| March | $0 | $0 |
| April | $0 | $0 |
Homeowners insurance will help cover the cost to repair or replace your Warm Springs home if it is damaged or destroyed by a covered peril, up to your coverage limits. A homeowners policy is made up of a few different coverages. Here are the most common coverages:
- Dwelling: This coverage will pay to repair or replace the structure of your home if it is damaged or destroyed. Review and Calculate Replacement Cost Coverage in Warm Springs
- Liability: This coverage will help cover medical and legal bills if someone is injured in your home, slipping on an icy sidewalk for example. It also offers protection if you damage another person’s property, your child hitting a baseball through a neighbor’s window for example.
- Contents: This covers the cost to replace your personal possessions that are destroyed by a covered peril. Furniture, electronics, clothing and household goods are excellent examples. Contents coverage is often capped at 50% to 70% of your dwelling coverage.
- Other Structures: This coverage protects other structures on your property such as detached garages, outbuildings, barns, and sheds.
- Loss of use: This covers everyday costs that you incur if you cannot live in your home while it is being repaired due to a claim. It will pay hotel and restaurant bills and even the cost of dry cleaning.
Get up to 12 competitive Warm Springs, OR homeowners insurance rates all in one place! |
Saving Money Tips on Warm Springs Home Insurance
A great way to save money on Warm Springs homeowners insurance is to make sure you are getting all the discounts you are qualified to receive. Here are just a few of the most common discount’s insurers offer:
- Bundling: If you purchase your home and auto (or any other insurance coverage) from the same insurer, you should get a bundling discount. Expect to save 20%-25%.
- Secure your home: Adding a monitored security system, water leak sensors, deadbolts, and smoke detectors should result in a discount.
- Impact resistant roof: If you are replacing your roof, consider impact resistant roofing materials which help prevent hail and impact damage as well as resulting in a significant discount.
- Stay claim free: If you have been claim free for a number of years (five is a common requirement) your insurer should offer a claim free discount.
Are you shopping for the best rate near or wihin the Warm Springs area? Check out what homeowners are paying on average for Oregon homeowners insurance.
Elevation Review for Coastal Wind or Flooding Risk
| Elevation | Details | Homeowners Tips |
|---|---|---|
| 2964 ft. | This is the average home elevation in Warm Springs, OR | Did you know that the elevation in which your home resides is crucial to a home insurance policy because it determines the risk factor related to your home being in a flood zone. It is important to understand that your home is not covered for floods under a standard homeowners policy. You will need to speak with a local Oregon flood insurance agent about a flood insurance policy, please give us a call now at 888-620-1954. |
To get online quotes on your home and compare rates on home insurance premiums in Warm Springs, enter your zip code above and easily complete our online quoting application. Remember, it's important to speak with us about additional home insurance discounts so you can get the best rate for your home in Jefferson County.
Oregon Homeowners Insurance News & Information
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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 […]
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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 […]
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Are homeowners insurance companies increasing deductibles? Posted on Thursday 22nd August, 2024
This year many homeowner insurance companies have been raising their homeowner percentage deductible from 1% to 2% which could be a massive increase for policyholders who have to make a claim on their policy. It has led to many homeowners shopping their coverage as their out-of-pocket costs skyrocket. As the cost of claims increases, particularly […]
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Homeowners in Texas are Seeing Home Insurance Rates Increase Posted on Wednesday 7th August, 2024
Homeowners in Texas are feeling the squeeze as homeowner insurance rates continue to climb. In a recent NBC 5 Investigates article, they looked at just how dramatic recent rate increases have been across Texas. Melinda Clifton has seen destructive weather cause hail damage to her roof three times in the last twenty years according to […]
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What happens to my mortgage if my homeowners policy gets cancelled? Posted on Thursday 18th July, 2024
As more and more insurance companies stop writing policies in certain markets or cancel existing policyholders they find too big of a risk, homeowners are finding their policies cancelled or non renewed. While a cancelled policy is a shock, it doesn’t mean you need to panic. Following is a brief overview of what to do […]
Warm Springs, OR Dwelling Coverage Estimate
It is important to calculate your dwelling coverage for your home in Warm Springs so you know what type of homeowners insurance coverage you need to cover your replacement cost. It is recommended to have enough dwelling coverage to rebuild your home if it was destroyed by a covered peril.
Please remember that replacement cost coverage does not include the cost of the land, only the price to rebuild your home, which is why we like to help customers by answering a few questions that you may have.
What is the average replacement cost coverage in Warm Springs, OR?
- The average square footage in Warm Springs is around 496 Sq. Ft. which would cost you around $109,600 to replace the home if you base the home on the price to build per square foot of $221.
Minimum Replacement Cost Total: $109,600
Location: Warm Springs, Oregon (Jefferson County)
Average Building Cost Per Square Foot in Warm Springs: $221 (low end)
Average Square Footage in Warm Springs: 496 Sq. Ft.
| Home Improvement Status | Price per Sq. Ft. | Dwelling Coverage |
|---|---|---|
| None or Very Minor Improvements | $221 | $109,600 |
| Some Additional Upgrades | $276 | $137,000 |
| Major Home Updates or Advancements | $332 | $164,400 |
The dwelling coverage is calculated by the average cost per square foot ($221) in Warm Springs, Oregon times your heated square footage. Which would equal the cost to rebuild your home minus the cost of the property or land. Some homes will have a higher replacement cost due to home improvements like updated kitchens and bathrooms. Other upgrades may include: granite countertops, hardwood floors and stainless steel appliances. The national square foot average to build a brand new home is around 2500 square feet. So if you are looking to build, and your square footage of your new home is 2500, you are looking at a dwelling coverage premium of around $690,625 (Media price to build of $276 x 2500 sq. ft.) to cover the cost to rebuild your new home.
What is the difference between actual cash value and replacement cost value?
Homeowners insurance is available in both actual cash value (ACV) and replacement cost value (RCV). Knowing the difference is important:
Actual cash value: When valuing your personal possessions, an actual cash value policy will take depreciation into account. This means that your 10-year-old TV will be basically worthless according to your insurance company. While an ACV policy tends to be cheaper, if you have to make a claim you may be disappointed in your claim payout.
Replacement cost value: A RCV policy will replace your possessions with brand new items of similar quality regardless of how old they were at the time they were destroyed. While RCV policies are slightly more expensive, they are well worth the cost if you have to make a claim.