Home Insurance in Deschutes County, Oregon
With a median home value of $650,900, Deschutes County is 36% higher than the Oregon median.
Aging wiring, roofing and plumbing in older homes can push up the cost to insure or rebuild them. The typical home in Deschutes County was built around 1998. About 6% of homes were built before 1960, about 17 points below Oregon's 23%.
Mobile and manufactured homes typically need a manufactured-home (HO-7) policy rather than a standard homeowners policy. The housing stock in Deschutes County is 81% single-family homes, 9% apartments in buildings with 5+ units and 4% mobile or manufactured homes.
About 67% of owner-occupied homes in Deschutes County have a mortgage. Lenders require hazard (homeowners) insurance on any home carrying a mortgage.
The vacancy rate is 14%; vacant or unoccupied homes typically need a different coverage form than an owner-occupied policy. About 70% of occupied homes in Deschutes County are owner-occupied.
Homes heated with wood can carry added fire risk. Fuel-tank leaks and spills are often excluded from standard homeowners policies. 47% of homes in Deschutes County are primarily heated with electricity.
FEMA's National Risk Index lists wildfire (Relatively High), inland flooding (Relatively Moderate) and winter weather (Relatively High) as the leading hazards for Deschutes County.
Standard homeowners insurance does not cover flood damage, so flood coverage needs a separate NFIP or private flood policy. As of September 2026, Deschutes County has 155 active NFIP flood policies on file.
In Oregon, the statewide average premium for a standard HO-3 homeowners policy is $1,003 per year (NAIC, 2023 data).
Key figures
| Median home value | $650,900 |
|---|---|
| Median year built | 1998 |
| Owner-occupied share | 70% |
| Share of owner-occupied homes with a mortgage | 67% |
| Top hazards (FEMA National Risk Index) | Wildfire (Relatively High), Inland Flooding (Relatively Moderate), Winter Weather (Relatively High) |
| Active NFIP flood policies (county) | 155 |
| Home insurance premium | $1,003 - statewide average (NAIC, 2023 data) |
Towns and cities
Sources
- U.S. Census Bureau Gazetteer Files (2024)
- U.S. Census Bureau, American Community Survey 2020-2024 5-Year Estimates (2024)
- FEMA National Risk Index (December 2025)
- FEMA OpenFEMA NFIP Redacted Policies v3 (2026)
- NAIC Dwelling Fire, Homeowners Owner-Occupied, and Homeowners Tenant and Condominium/Cooperative Unit Owners Insurance: Data for 2023 (published 2026) (2023)