How Much Is Car Insurance in Oregon? (October 2024)

Oregon drivers pay an average of $1,376 annually for full coverage car insurance, while minimum coverage costs around $793.

Your premium depends on age, preferred coverage level, location, driving record and credit history. Understanding these factors helps you find a policy that fits your budget and needs.

Oregon's average full coverage car insurance costs about $1,376 annually or $115 monthly. Knowing these averages helps you gauge whether you're getting a competitive rate. You can find affordable rates by comparing quotes.

The table below outlines typical costs for minimum and full coverages, showing what you might pay monthly or annually.

In Oregon, a full coverage policy with a $1,000 deductible costs about $1,376 per year ($115 per month), while minimum coverage averages $793 annually ($66 per month). These rates are slightly higher than the national averages, where full coverage costs $1,337 per year ($111 per month) and minimum coverage is $619 annually ($52 per month).

State laws, weather, road conditions, uninsured drivers, and repair and health care costs influence Oregon's insurance costs. Your driving record and car type also impact rates.

For Oregon drivers seeking the cheapest full coverage, Kemper offers an annual premium of roughly $776. Dairyland has the most expensive full coverage at an average of $3,281 annually.

Finding the cheapest car insurance in Oregon saves money. Compare quotes across providers to secure a policy that provides the necessary coverage at an affordable price.

Car insurance costs in Oregon vary with coverage levels. Minimum coverage averages about $66 per month, while full coverage with a $1,000 deductible costs around $115 monthly. Despite the higher cost, full coverage insurance is generally recommended for its broader protection.

Adding comprehensive and collision coverage increases your premium, but opting for higher deductibles can help manage this cost. The deductible is the amount you pay out of pocket per claim before your insurance starts covering expenses.

In Oregon, minimum car insurance requirements include $25,000 for bodily injury per person, $50,000 for bodily injury liability per accident, and $20,000 for property damage per accident. Also required are $25,000 per person and $50,000 per accident for uninsured/underinsured motorist coverage and $15,000 in personal injury protection.

Car insurance premiums vary by location. In Oregon, Eugene has the lowest full coverage rate at $1,044 annually, while Portland's is $1,560 annually. Local traffic conditions, theft rates, weather risks, vehicle type and driving history influence these costs.

In Oregon, car insurance costs are highest for younger drivers, particularly those aged 22 to 29, with an average annual premium of $1,567. Premiums generally decrease as drivers gain experience and practice safer habits. Seniors often enjoy the lowest rates due to their extensive driving history and presumed caution.

Age and gender affect car insurance rates in Oregon. A 16-year-old male driver added to a family policy pays an average annual cost of $2,361 for car insurance, the highest premium among teenage drivers.

Teens under 18 usually cannot purchase car insurance without an adult co-signer. The premium for an individual policy for a 16-year-old driver is around $6,029 annually.

The average annual cost of full coverage for a 2012 vehicle is $1,152, while for a 2022 model, it rises to $1,282. The higher premium for newer vehicles reflects their increased actual cash value, repair costs and theft risk.

Drivers of newer models should consider comprehensive and collision coverage to protect against various risks and ensure financial security.

The average cost of car insurance in Oregon fluctuates significantly based on your driving record.

• With a ticket: $1,708 per year; $142 per month
• With an at-fault accident: $1,924 per year; $160 per month
• With a DUI: $1,964 per year; $164 per month

The type of driving offense greatly affects car insurance premiums. Any violation raises your costs and impacts your rates as long as it remains on your record. In Oregon, a DUI can affect your rates for up to 10 years.

Refer to the table below for Oregon's average car insurance costs based on various driving records. Use the filters for coverage type and age group to find relevant information.

Your credit score greatly impacts your car insurance rates in Oregon. Drivers with excellent credit might pay about $851 annually, while those with poor credit could see rates around $1,696.

Insurance companies use credit scores to assess risk, with better scores typically leading to lower premiums. A good credit score is usually between 670 and 739.

Understand these key factors affecting your car insurance rates in Oregon so you can find an affordable plan tailored to your needs:

• Location Urban Oregon areas often have higher insurance premiums due to increased risks of theft, vandalism and accidents.
• Age and gender: Younger drivers, particularly males, may see higher rates because they're statistically more likely to be involved in accidents.
• Driving record: Clean driving results in lower premiums, while accidents and violations can increase costs in Oregon.
• Vehicle type: Your vehicle's make, model and age can impact your insurance costs, with newer, luxury cars typically incurring higher rates.
• Minimum coverage: Choosing Oregon's minimum coverage can offer a lower rate but may not provide adequate protection in all incidents.
• Coverage level: Opting for higher coverage limits or adding comprehensive insurance will influence the cost of your policy.
• Collision insurance: Adding collision coverage will increase your rate but provides protection in accidents.
• Credit score: Oregon allows insurers to consider credit scores when setting rates; a higher credit score can lead to lower premiums.
• Marital status: Married individuals might receive lower rates as they are statistically shown to file fewer claims than their single counterparts.
• Discount eligibility: Discounts for good drivers, multi-car policies and defensive driving courses can reduce premiums.

To secure affordable car insurance in Oregon, shop around for competitive rates, opt for a higher deductible and take advantage of all available discounts.

Get answers about what impacts the average cost of car insurance in Oregon and how to find affordable rates.