Best Homeowners Insurance Companies Oregon
Looking for the best homeowners insurance companies in Oregon? Look no further than Schmidt Insurance Group. We know our Schmidt and make it easy to find the coverage you need!
Schmidt Insurance Group opened its doors in 2019 with a goal of making insurance easy while providing exceptional customer service. We proudly serve the local Portland area and all of Oregon and Washington. Our office is full of born-and-raised Oregonians!
Are You Required to Have Home Insurance?
If you have financed your home with a mortgage, your lender will most likely require you to have at least some basic homeowners coverage. If you’re lucky enough to be able to pay cash for your home without a mortgage, or you’ve paid off your mortgage, you could skip the home insurance… but it’s a good idea to have it anyway!
If your home was ever completely leveled by a covered risk, such as a fire, could you afford to rebuild it out of your own pocket? If it’s jam-packed with family heirlooms or other valuables and was burglarized, could you afford to replace everything you lost?
If a visitor fell down your stairs, could you afford to pay their medical bills? Instead of putting your finances and your family’s future in jeopardy, invest in a home insurance policy from Schmidt Insurance Group and enjoy peace of mind!
Types of Home Insurance Coverage
Your home insurance policy, also called homeowners insurance, provides you with financial protection in the event of a disaster or accident that involves your home.
Dwelling Coverage: This pays to repair, rebuild, or replace your home and detached structures on your property, such as a garage, gazebo, or tool shed in the event of a fire, wind, hail, theft, vandalism, water damage from burst pipes, and other destructive events that are listed in your policy.
Personal Property Coverage: This covers the furniture, clothes, sports equipment, appliances, computers, and other personal belongings you keep both on and off the premises if they are stolen or destroyed by fire, hurricane, or other insured disasters. Jewelry, art, antiques, and collectibles are covered, but there will typically be dollar limits.
Liability Coverage: You can be found liable for injuries that occur in your home, on your property, or when you’re away from home. This coverage will help cover your liability for any injuries or damage caused by you or members of your family (including your household pets).
Additional Living Expenses (ALE): This coverage pays to reimburse you if you can’t live in your home because of damage caused by an insured disaster. It covers hotel expenses, restaurant meals, and other costs over and above your usual living expenses that you incur while your home is being rebuilt.
When you own a home in Oregon, homeowners insurance companies like Schmidt Insurance Group will help you find the best protection for your home and personal belongings. Contact us today at (503) 206-0881 for a free quote and more information.
