Wildfires are sending Oregon homeowners insurance rates skyward

Homeowners Insurance rates rising in Oregon - Wildfires

State residents are seeing fewer options, reducing competition in that market Property owners in Oregon are increasingly discovering that they have very few homeowners insurance options, and this marketplace situation is causing premiums to head much higher every year. Many insurers have chosen not to write any new policies in the state Due to the situation in the state’s market, many property owners in the eastern, southern and central parts of Oregon have watched their homeowners insurance coverage become decreasingly affordable or have had their policies canceled at renewal time.…

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