Compare average insurance rates in Madras for 2026
🏠
Home
$1485
/year
🚗
Auto
$1760
/year
🏥
Health
$528
/month
💰
Life
$22
/month
🏢
Renters
$18
/month
Home Insurance in Madras, OR
The average cost of homeowners insurance in Madras, Oregon is $1,485 per year in 2026. This compares to the state average of $1,350 per year.
$1,485per year (avg in Madras)
$935OR avg: $1,350$2145
Factors Affecting Home Insurance in Madras
🏠
Home Value Average: $480,000
🌪
Weather Risk medium
🌊
Flood Zone 5% of properties
📈
Cost Index 1.1 (100 = national avg)
📌
Earthquake Zone: Madras is in an earthquake-risk area. Standard homeowners policies typically do not cover earthquake damage. Consider adding a separate earthquake insurance policy.
Home Insurance Coverage Comparison
Coverage Tier
Dwelling Coverage
Personal Property
Liability
Est. Annual Cost
Basic (HO-1)
$384,000
$192,000
$100,000
$1,113
Standard (HO-3)
$480,000
$240,000
$300,000
$1,485
Premium (HO-5)
$600,000
$360,000
$500,000
$2,004
Auto Insurance in Madras, OR
The average annual cost of auto insurance in Madras is $1,760, compared to the Oregon state average of $1,600.
$1,760per year (avg in Madras)
$1100OR avg: $1,600$2530
📋
Minimum Coverage in Oregon: 25/50/20
Auto Insurance Coverage Comparison
Coverage Level
Liability
Collision
Comprehensive
Est. Annual Cost
Liability Only
State Minimum
None
None
$968
Full Coverage
100/300/100
$500 deductible
$500 deductible
$1,760
Premium
250/500/250
$250 deductible
$250 deductible
$2,288
Health Insurance in Madras, OR
The average monthly health insurance premium in Madras is $528 per month. Costs vary significantly based on plan tier, age, tobacco use, and household size.
$528per month (avg individual plan)
Health Insurance Plan Tiers
Plan Tier
Avg Monthly Premium
Typical Deductible
Out-of-Pocket Max
Best For
Bronze
$380
$7,000
$9,100
Healthy, low usage
Silver
$528
$4,500
$9,100
Moderate usage
Gold
$660
$1,650
$8,700
Regular medical needs
Platinum
$792
$0
$4,500
High usage / families
Life Insurance & Renters Insurance in Madras
💰 Life Insurance
$22
per month (20-year term, $500K)
Life insurance rates in Oregon are based on age, health, and coverage amount. A healthy 35-year-old can expect to pay around $22/mo for a 20-year term policy with $500,000 coverage.
🏢 Renters Insurance
$18
per month (avg in Madras)
Renters insurance in Madras covers personal belongings, liability, and additional living expenses. The state average is $/mo. Most policies include $30K–$50K in personal property coverage.
Insurance Cost Calculator for Madras
Estimate your total annual insurance costs based on your personal profile.
The average home insurance cost in Madras, OR is $1,485 per year for a standard HO-3 policy. Rates range from $935 to $2,145 depending on your home value, coverage level, deductible, and specific risk factors.
The average auto insurance premium in Madras is $1,760 per year for full coverage. Liability-only coverage averages around $792 per year. Oregon requires minimum coverage of 25/50/20.
Insurance costs in Madras are close to the national average (cost index: 1.10). Home insurance averages $1,485/yr and auto insurance $1,760/yr. Higher costs are driven by earthquake vulnerability.
Key factors include: local cost of living (index: 1.10), earthquake vulnerability, average home values ($480,000), your personal claims history, credit score, and at-fault insurance laws in Oregon.
Top strategies: bundle home and auto (save 10-25%), raise deductibles, maintain good credit, compare quotes from 3+ insurers annually, and ask about available discounts. Madras residents can potentially save $649+ per year.
Oregon requires minimum auto liability coverage of 25/50/20 (bodily injury per person / per accident / property damage in thousands). This is the legal minimum, but most experts recommend higher limits for adequate protection.
Compare Insurance Quotes in Madras
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