The Best Car Insurance in Oregon
Maybe you are looking for affordable car insurance policies without much focus on service quality. With that in mind, MoneyGeek gathered rates to find the cheapest car insurance companies in Oregon.
Best Full Coverage Car Insurance Companies in Oregon: Overall
According to MoneGeek’s research, the best overall car insurance company in Oregon is GEICO.
The two best car insurance companies in Oregon are:
- GEICO: MoneyGeek overall score of 76 out of 100 (approximately $979 per year)
- Progressive: MoneyGeek overall score of 74 out of 100 (approximately $1,002 annually)
USAA is another top-performing company in Oregon, but we did not include it because it only caters to former and current military members. It has a MoneyGeek score of 100 out of 100.
The overall best car insurance is strong in customer satisfaction through great customer service provided by the insurer, policy affordability and the company’s financial stability.
For those who are focused on savings, MoneyGeek has also conducted research and analyzed the cheapest full coverage car insurance in Oregon.
THE TOP CAR INSURANCE COMPANIES IN OREGON
GEICO has the highest scores both in stability and affordability and is tied second for satisfaction. It extends the typical dealer warranty with Mechanical Breakdown Insurance and costs around $979 annually.
Average Annual Cost: $979
GEICO’s Mechanical Breakdown Insurance (MBI) applies to new and leased vehicles that are 15 years old and have been driven less than 15,000 miles. This coverage includes all parts and systems. Because MBI is not a very common addition to a policy, you know that you are getting a better deal for a lower price than you would with your vehicle manufacturer’s warranty. GEICO also offers roadside assistance in case your car breaks down. This pays for the cost of flat tires, towing, jump starts and lockout services. If you need to rent a car because your car has broken down completely during a trip, GEICO offers reimbursement of your rental car expenses, which may include your travel expenses as well.
A full coverage policy from Progressive can be purchased for around $1,002 annually. It tied for first in claims and tied for second both on stability and affordability. The company offers custom parts coverage.
Average Annual Cost: $1,002
If a driver includes custom parts coverage in their policy, all personalization and after-market accessories installed in their car are covered if there are damages. This is great for car owners who like to customize their auto with stereos, navigation systems, custom wheels and even a paint job. This coverage is limited to $5,000 worth of repairs. Progressive also offers roadside assistance whenever you need help in fixing your car if it breaks down in the middle of your trip. It pays for certain roadside repairs or towing services when your vehicle breaks down due to mechanical or electrical issues, a dead battery, a flat tire, a lock-out or if you run out of gas. In addition, It offers accident forgiveness, which keeps your rates from going up in case you get into an accident, even if it is your fault.
State Farm, with an average cost of $1,135 per year. It tied first on claims, ranks second in satisfaction and ranks third in affordability. Riders working for a ridesharing company can add on rideshare insurance.
Riders working with a ridesharing company may add 15% to 25% of the total amount of their premiums to get rideshare insurance coverage that takes effect the moment the app is used and a rider shares the vehicle. All coverages like personal deductible and other usual coverages are included except for liability insurance.
Nationwide tied for second on stability and has identity theft coverage. You can purchase full coverage car insurance from this insurance company for roughly $1,167 a year.
Identity Theft Expense Reimbursement ensures that you and your family are covered for up to $25,000 worth of expenses in the unfortunate event that you become a victim of fraud and theft. It is quite uncommon for a car insurance company to provide this coverage, but Nationwide does without cost.
While American Family is one of the most expensive in the state at around $1364 per year, it ranks the highest in satisfaction. It has Original Equipment Manufacturer (OEM) Coverage.
Drivers who like to keep their automobile smooth-running even after damage may benefit from an OEM or Original Equipment Manufacturer's coverage as it makes sure that your car will be repaired using the original manufacturer's parts. The company also offers gap insurance coverage to pay the difference between the amount you owe on the car and the cost to replace it with a new one.
Average rates taken from several companies depend on various factors, including the driver’s background and profile. To give a comprehensive analysis, MoneyGeek also takes a look at claims ratings and user satisfaction from J.D. Power and NAIC. All this information was considered in finding the best full coverage car insurance in Oregon for our sample driver.
MoneyGeek's Oregon Car Insurance Resources:
Best Car Insurance in Oregon for Customer Service
The Hartford takes the top spot for the best car insurance company for customer service in Oregon.
The top two insurance companies with the highest customer satisfaction rating and low claims complaints are:
- The Hartford: MoneyGeek score of 95 out of 100
- Allstate: MoneyGeek score of 81 out of 100
Without considering affordability, these are the companies with solid claims ratings and customer service feedback.
THE TOP TWO CAR INSURANCE COMPANIES IN OREGON FOR SERVICE QUALITY
Hartford has the highest claims rating of 5 out of 5 and the highest for user satisfaction of 4.5 out of 5.
Customer service is crucial in times of crisis. Having a high score of 4.5 out of 5 on satisfaction makes The Hartford an excellent choice for drivers who have urgent car repair needs and other expenses.
The Hartford offers many coverages that are rare to find from car insurance companies, including full glass coverage (which helps pay for your car’s headlights, mirrors and window repairs with no deductible), deductible modification (which lowers your deductible over time for driving safely) and gap insurance (which makes up for the difference between the outstanding balance on your car loan and the actual cash value of your car in case it is stolen or damaged).
Furthermore, rental car reimbursement coverage, also known as transportation expense coverage, helps pay for a rental car in the event of a covered comprehensive or collision loss.
Allstate has a claims rating and user satisfaction of 4.0 out of 5, tying for second in each category.
Allstate is a bit more expensive than other car insurance companies in the state. However, having a high claims and satisfaction score means that you can be confident that there will be assistance at any time you need customer service. Additionally, the option to add custom parts coverage and rideshare insurance makes Allstate a worthwhile choice for its price.
Another great offering from Allstate is its new car replacement coverage, which replaces your car without you shelling out a single dollar. If your car is two model years old or less, Allstate won't just give you a check for the depreciated value. It will replace the car completely with a new model.
Other offerings that you can add to your standard car insurance policy include rideshare insurance, accident forgiveness, sound system coverage and portable electronics and media coverage.
Best Car Insurance in Oregon for Minimum Coverage
GEICO offers the most affordable car insurance in Oregon for a state minimum policy. The two best car insurance companies in Oregon are the following:
- GEICO: MoneyGeek score of 80 out of 100 (approximately $566 per year)
- Progressive: MoneyGeek score of 75 out of 100 (approximately $629 per year)
MoneyGeek followed a comprehensive cost methodology where discounts, bundling and rewards are paired with excellent customer service.
Drivers can start looking at minimum coverage requirements in Oregon to apply for a policy. For those whose main concern is savings, MoneyGeek has a detailed analysis of the cheapest minimum coverage car insurance in Oregon.
MoneyGeek’s Pick: GEICO
Affordable minimum coverage for roughly $566 per year
Drivers in Oregon can get discounts just by completing a defensive driving course, installing an airbag and installing anti-lock brakes
MoneyGeek satisfaction rating of 4 out of 5
There are no offered discounts even when you pay in full or when you subscribe to a paperless billing
MoneyGeek claims rating of 3.5 out of 5
When you purchase a car insurance policy from GEICO, there are a lot of available discounts. This includes discounts on bundling, multiple cars and safe driving. These are great discounts to take advantage of, especially if you are working on a budget and you want to get better coverage at a lower price.
One thing remarkable about GEICO is that it promotes your safety by rewarding it. For example, drivers who use their seatbelts at all times and those who install daytime running lights will be rewarded with additional discounts. Using an anti-theft system on your car further saves you money on your premium. These discounts are designed to keep you and your car safe while you’re out there driving.
Best Car Insurance in Oregon for Young Drivers and Students
GEICO is the best insurer in Oregon for young or student drivers.
Teen drivers or student drivers pay higher insurance premiums because they are more prone to accidents, being new and inexperienced drivers. Here are the best options for teen drivers in Oregon:
- GEICO: MoneyGeek score of 85 out of 100
- Allstate: MoneyGeek score of 85 out of 100
These two companies combine helpful customer service and affordability to offer assistance to young drivers in Oregon.
It is important to note here that MoneyGeek’s analysis for this category covered rates for those in their late teens or early 20s, whether they are in high school or in college.
MoneyGeek also analyzed the cheapest car insurance in Oregon for young drivers and students for those who are particular about savings.
MoneyGeek’s Pick: GEICO
Affordable coverage of roughly $2,216 per year
Discounts for being a good student and completing a driver’s education course
Satisfaction score of 4.0 out of 5
No offered discounts for distant drivers
Claims rating of 3.5 out of 5
Adding a young driver to a policy can be expensive. However, GEICO is committed to protecting its young drivers without compromising anything else, and it is able to lower the cost while maintaining quality customer service. Remember that excellent customer service is necessary as accidents and damages can occur more often to young drivers considering their inexperience with driving.
GEICO also offers several discounts to young drivers, helping them save even more. For instance, full-time students who get good grades in school can get up to a 15% discount on some coverages. Another discount opportunity is when a student driver is able to complete a driver’s education course. In addition to saving a few bucks, this discount also teaches them to be mindful while they are behind the wheel.
Best Car Insurance in Oregon for Seniors
MoneyGeek scored the best providers in Oregon based on the cost of car insurance for seniors and customer service records. Here are the best options for seniors in the state:
- GEICO: MoneyGeek score of 84 out of 100 (approximately $933 per year)
- State Farm: MoneyGeek score of 77 out of 100 (approximately $1,126 per year)
The scores that these two companies received from MoneyGeek balance both affordability and customer service.
MoneyGeek also analyzed the cheapest car insurance in Oregon for seniors meant for those who prioritize affordability, among many other factors.
MoneyGeek’s Pick: GEICO
One of the most affordable companies for seniors at $933 per year
Offers a defensive driving discount and a senior discount
Claims rating of 5 out of 5
Provides roadside assistance, accident forgiveness and rental car and/or travel reimbursement
No paperless or pay-in-full discounts
Claims rating of 3.5
As people age, their driving abilities can deteriorate, which increases the likelihood that they'll be involved in vehicular accidents. This results in higher premiums for seniors. However, GEICO provides an affordable and reliable option for seniors seeking car insurance, making it a popular choice among this demographic.
With GEICO's roadside assistance, you can relax and enjoy your trip knowing that GEICO takes care of any unexpected problems on the road. Its roadside service pays for the cost of flat tires, towing, jump starts and lockout services, so all you have to do is give it a call.
GEICO also offers rental car coverage. If your car is not drivable for more than 24 hours, the insurer will reimburse you up to a set amount for a rental vehicle so that you can get to where they need to be despite a car breakdown.
Best Car Insurance in Oregon for Bad Driving Records
If you have a bad driving record in Oregon, American Family is the best car insurance company.
Here are the two top insurers for drivers with poor driving records:
- American Family: MoneyGeek score of 79 out of 100 (approximately $1,411 per year)
- State Farm: MoneyGeek score of 77 out of 100 (approximately $1,483 per year)
Different insurers have varying costs of insurance for accidents, but the most affordable policies with the best customer service are available from those two companies.
MoneyGeek also ranked the cheapest car insurance in Oregon for those with a DUI or bad record for those who have savings as their top priority.
MoneyGeek’s Pick: American Family
Affordable full coverage policy for poor drivers at around $1,411 per year
MoneyGeek user satisfaction score of 4.5 out of 5
Offers roadside assistance, rental car reimbursement and accident forgiveness
No new or better car replacement coverage
MoneyGeek claims rating of 3.5 out of 5
American Family provides the best car insurance policies in Oregon for bad drivers. While it has a low claims rating of 3.5 out of 5, it makes up for it with a customer satisfaction score of 4.5 out of 5.
Drivers with a bad driving record can access the following coverages:
- Roadside Assistance: When you get into an accident, any damages like flat tires and necessary repairs like jumpstarts and lockout services are all covered.
- Rental Car and/or Travel Reimbursement: The insurance company reimburses all expenses for a rental car as you wait for your car to be repaired at the shop.
- Accident Forgiveness: This coverage prevents your premiums from increasing when you get into an accident for the first time. This also applies if you are a driver under 21 years of age with a clean driving record for more than five years.
Best Car Insurance in Oregon for a Military Background
USAA has some of the best offers for car insurance across all states. Garnering a MoneyGeek score of 100 out of 100, USAA is one of the best car insurance companies in Oregon offering affordable policies.
In Oregon, the cost of car insurance from USAA starts at $465 per year for the state minimum policy and $770 per year on average for a full coverage policy.
If you come from a family with military affiliation, USAA is likely the best choice for you.
MoneyGeek’s Pick: USAA
An affordable policy that costs roughly $1,193 for drivers with a bad record
Includes accident forgiveness coverage and loyalty discount offers
Claims rating of 5 out of 5
Satisfaction score of 5 out 5
USAA policies are only limited to military families
The best policies for military members in Oregon are offered by USAA. The insurer also has the best service, holding its long-standing reputation as one of the best across all states.
A few of the coverages to get from USAA includes:
- Rideshare Gap Coverage: Some insurers don’t provide coverage when drivers are waiting for a rideshare passenger. USAA offers this coverage for a minimal amount of money each month.
- Accident Forgiveness: As a USAA policyholder, if you’ve remained violation- and accident-free for five years, your premiums won’t go up after your first accident.
- Vehicle Storage: This is a rare coverage that offers policyholders a discount when they store an insured vehicle.
- New Vehicle: Policyholders receive a discount when they insure a car that is no more than three years old.
Best Car Insurance in Oregon for Those With New Cars
MoneyGeek found that Allstate offers the best new car replacement and better car replacement coverages for those who have cars that are not older than three years old. With a score of 57 out of 100, many people can trust this company without a doubt (approximately $1,457 annually).
MoneyGeek scored the best car insurance companies in Oregon for drivers who want a policy with a new car replacement option. New car replacement or better car replacement coverage allows the policyholder to receive the full reimbursement of the value of their car if it gets totaled or an upgrade to a newer model during a certain time frame after purchasing a new car. A standard policy does not include these coverages. Instead, they are add-ons and cost extra.
MoneyGeek’s Pick: Allstate
New car replacement
Claims rating of 4 out of 5
Satisfaction rating of 4 out of 5
Relatively expensive at around $1,457 per year
No better car replacement offer
You may already know that a car immediately loses value the moment you drive it off the lot. Drivers with a bad driving record or those who are new to driving may benefit from getting a policy with a new car or better car replacement should they be unlucky enough to get involved in an accident soon after buying their car. This coverage gives them the chance to have a newly replaced car when that happens.
Allstate is a great fit for these types of drivers. It can replace your car with something newer and much better after an accident. Keep in mind that the new vehicle coverage only applies to vehicle models that are at least one year older and you are the first owner of said vehicle.
Best Car Insurance in Oregon for Low-Mileage Drivers
Oregon’s best car insurance company for this offering is Metromile, a company that rewards low-mileage drivers with lower rates. Low-mileage insurance companies have pay-per-mile coverage. With low-mileage insurance rates, the client’s payment depends on the number of miles the client drives.
MoneyGeek’s Pick: Metromile
Metromile Program offers affordable coverage
Rewards low mileage drivers
Not advisable to car owners who drive regularly
Metromile is one of the only companies that offers a strictly pay-per-mile program. Oregon is one of the few states that can take advantage of this program. It is focused on pay-per-mile insurance as its main product, and it’s available in Oregon.
Having pay-per-mile coverage is ideal for drivers that take short trips between locations. They will be able to save more on insurance premiums the less they drive the car. Premiums for this coverage are cheaper because drivers are less likely to encounter accidents the less they are on the road.
Metromile’s pay-per-mileage program allows you to pay for your first month’s base rate and nothing else. One thing that sets this apart is that it’s much lower than you can expect. This means more savings and convenience for you, with fewer hassles in the long run.
How to Find the Best Car Insurance in Oregon For You
When looking for the top car insurance companies in Oregon, best to start by looking at whether there is a balance between cost, service and financial stability. MoneyGeek scoring system identified the top companies that exhibited these criteria and listed them to help you decide which one is for you.
Research customer service reputations in Oregon
J.D. Power and NAIC complaint ratios were used as primary sources for our research. You may also visit their website if you want to know more about customer complaint ratios on companies in your state to help you with your decision. Oregon’s Department of Consumer and Business Services is also worth checking out for a complete guide to auto insurance in Oregon.
Compare quotes for yourself
The only way to make sure that you are getting the best deal is by comparing quotes available to you. It is not ideal to purchase a policy right off the bat. Consider if it matches your budget, if it offers great customer service and whether it has all the coverages you need.
Make sure the company has coverages you want in Oregon
Make a list of all the coverages you think you need from car insurance. If you have been driving for a while or have been considering different policies, you may already have an idea of what you need, even if it’s your first time getting one. When an option arrives, look at whether the policy is all able to tick the majority if not all of those requirements.
Double-check financial stability ratings
Before buying any policy from a company, don’t forget to assess its financial strength. This tells you if the company will be able to pay for your claims should that need arrive.
FAQs About the Best Car Insurance in Oregon
As you go through our list of the best car insurance companies in Oregon, remember to also go through each company yourself to come up with a more informed decision. Don’t miss these common questions about car insurance in Oregon.
About Mark Fitzpatrick
- Department of Consumer and Business Services Division of Financial Regulation. "A Consumer’s Guide to Auto Insurance." Accessed September 24, 2021.