MoneyGeek determined GEICO is the overall best auto insurer in Portland, but factors like age and driving history determine which company is best for you. MoneyGeek analyzed the best auto insurance companies for young and older drivers, drivers with violations and those with a military background. We also have resources on the cheapest car insurance in Portland to help you find affordable car insurance.
The Best Car Insurance in Portland
Best Car Insurance Companies in Portland: Overall
MoneyGeek ranked the best auto insurance companies in Portland based on average rates, claims ratings and customer satisfaction. The two best car insurance companies in Portland are:
- GEICO: 69 out of 100
- State Farm: 69 out of 100
USAA was not included in this analysis because it is only available to drivers with a military background, but it received a MoneyGeek score of 100 out of 100, making it the best auto insurance provider in Portland for them.
The Top Car Insurance Companies in Portland
In Portland, GEICO full coverage car insurance costs an average of $979 per year. GEICO rates highly in customer satisfaction and financial stability and offers unique optional coverages, including mechanical breakdown insurance.
If you have a new or leased car less than 15 months old and with fewer than 15,000 miles, GEICO's add-on mechanical breakdown insurance (MBI) covers all parts and systems — more than a dealer’s extended warranty at a lower price. You can also get accident forgiveness as an add-on to your policy to ensure that your premium does not increase after your first at-fault accident. In some cases, you can also earn accident forgiveness if you are claims-free for five or more years.Read MoneyGeek's GEICO auto Insurance Review
State Farm ranks high for claims, customer satisfaction and financial stability. State Farm’s full coverage auto insurance is an affordable option in Portland at around $1,135 per year. With State Farm, policyholders can add rideshare insurance.
State Farm offers optional rideshare insurance coverage for drivers of rideshare companies. The coverage ensures that medical payments coverage, emergency roadside assistance and rental car reimbursement in your personal auto policy remain in effect when you’re working for a ridesharing company. State Farm also offers rental car and/or travel reimbursement for when your vehicle is in the shop for repairs because of a claim.Read MoneyGeek's State Farm auto Insurance Review
If you are looking for affordable coverage, MoneyGeek found the cheapest car insurance companies in Portland. We have resources to help you find more information about car insurance in Oregon:
Best Cheap Car Insurance for Minimum Coverage in Portland
MoneyGeek analyzed the best car insurance companies in Portland for minimum coverage car insurance that meets the Oregon minimum car insurance requirements. The top two companies for minimum coverage in Portland are:
- GEICO: 80 out of 100
- State Farm: 70 out of 100
MoneyGeek’s scores take into account different driver backgrounds, including young and older drivers and drivers with violations.
MoneyGeek’s Pick: GEICO
Affordable minimum coverage policy at an average cost of $566 per year
MoneyGeek customer satisfaction score of 4 out of 5
Offers multiple discounts, including bundling, safe driver and daytime running lights
No paperless or pay-in-full discount
MoneyGeek claims score of 3.5 out of 5
GEICO offers most of the common car insurance discounts, including multiple car if you insure more than one car and bundling if you combine auto insurance with another policy, such as home insurance.
GEICO also offers drivers unique discounts, like the federal employee discount that is available to retired or active federal employees. GEICO is also one of few providers with a discount for drivers with daytime running lights on their vehicles. You can take advantage of these and other GEICO discounts to make your car insurance premium more affordable.
Best Car Insurance for Young Drivers in Portland
MoneyGeek analyzed the best car insurance in Portland for young drivers looking for an affordable policy and good customer service. Based on our analysis, the two best auto insurance companies for young drivers in Portland are:
- Country Financial: 89 out of 100
- GEICO: 85 out of 100
MoneyGeek determined these scores by analyzing different policy coverages and driving histories for 18-year-old drivers in Portland.
Car insurance for teens is typically more expensive due to inexperience. Auto insurance for students also costs more than average rates for middle-aged drivers.
MoneyGeek’s Pick: Country Financial
Affordable full coverage rate for safe young drivers at around $2,738 per year
Driver’s education course, good student and legacy discounts
MoneyGeek customer satisfaction score of 4.5 out of 5
MoneyGeek claims score of 4.17 out of 5
No distant student discount
Adding a young driver to a car insurance policy can be expensive, but Country Financial offers an affordable rate for young drivers in Portland alongside great service, which is valuable for young drivers as they are more likely to get into accidents.
Country Financial rewards students who take a driver education class and those with good grades with discounts that can help make car insurance more affordable. It also offers add-on emergency road assistance coverage to help cover costs of a jumpstart, gas or a tow, and a unique optional coverage: portable electronics and media. That covers theft of items like a cellphone or laptop from the vehicle.
Best Car Insurance for Senior Drivers in Portland
MoneyGeek found that the best auto insurance companies in Portland for senior drivers are:
- State Farm: 83 out of 100
- Country Financial: 72 out of 100
These scores are based on different policy coverages and driving backgrounds for 70-year-old drivers in Portland.
Car insurance for seniors tends to be more expensive than for middle-aged drivers.
MoneyGeek’s Pick: State Farm
Affordable full coverage for seniors with a clean record at roughly $1,126 per year
Discount for completing a defensive driving class
MoneyGeek customer satisfaction rating of 4 out of 5
MoneyGeek claims rating of 4 out of 5
No senior driver discount
Limited unique add-on coverages
There is no difference between senior car insurance and car insurance for other drivers, but rates tend to be higher for older drivers. State Farm offers affordable car insurance for senior drivers in Portland and many common car insurance discounts that make a policy even more affordable.
These discounts include safe driving and defensive driving. To get the defensive driving discount, you must complete a defensive driving course, and to be eligible for safe driving, be claims-free with State Farm for at least three years. While State Farm does not offer unique add-on coverages, it does have roadside assistance to cover towing, the delivery of gas, a flat tire change or battery jumpstart.
Best Car Insurance With a Driving Violation in Portland
If you have a driving violation, MoneyGeek found that the companies offering the best car insurance in Portland for an at-fault accident are:
- American Family: 81 out of 100
- State Farm: 81 out of 100
MoneyGeek scores considered a blend of different policy coverages and drivers of different ages.
Car insurance for drivers with bad records costs more since they are considered risky to insure.
MoneyGeek’s Pick: American Family
Affordable full coverage for a 40-year-old driver with an at-fault accident at around $1,411 per year
Multiple discount options for policyholders to save money, like bundling and automatic payment
MoneyGeek customer satisfaction score of 4.5 out of 5
Offers add-on accident forgiveness coverage
MoneyGeek claims ratings of 3.5 out of 5
No better/new car replacement add-on coverage
Car insurance can be costly if you have a violation like an at-fault accident, so it is important to find a company with affordable rates and great service. American Family offers affordable rates and unique optional coverages, like original equipment manufacturer (OEM), which ensures no use of aftermarket parts for repairs, and accident forgiveness, which makes sure your premium does not go up after an accident.
You can also save on your premium by taking advantage of the multiple discounts offered by American Family, including bundling multiple policies, scheduling automatic payments, insuring multiple cars, loyalty for being a long-term policyholder and new customer for switching to American Family auto insurance.
Best Car Insurance With a Military Background in Portland
MoneyGeek found that in Portland, USAA, with a perfect MoneyGeek score of 100 out of 100, offers the best auto insurance, balancing affordability and quality service, for eligible drivers with a military background. USAA only serves current and former military members and their families, so you get personalized service.
MoneyGeek scored the best car insurance for military members in Portland based on different driver profiles and coverage levels, including young and older drivers and those with violations.
MoneyGeek’s Pick: USAA
Affordable full coverage for a 40-year-old driver at around $770 per year
Offers some common car insurance discounts, including multiple car and bundling
MoneyGeek customer satisfaction score of 5 out of 5
MoneyGeek claims score of 5 out of 5
Only offers three out of seven common coverages; missing new car replacement, for example
Only available to drivers with a military background
USAA is consistently one of the best insurance companies for affordability and great service for drivers with a military background. It offers add-on roadside assistance and rental car and/or travel reimbursement coverage, which covers expenses during vehicle repairs. You can also get accident forgiveness with your policy to ensure your rate does not go up after your first at-fault accident. Unfortunately, aside from rideshare insurance, USAA has no other add-on coverages.
USAA does offer some common discounts, such as bundling, multiple car and safe driving. Its unique discounts include options that appeal to military members, such as a discount for garaging a car on base or insuring a stored vehicle. Plus, the new vehicle discount for cars less than three years old and mileage discount, depending on how much you drive in a year, can further reduce your premium.
MoneyGeek ranked the best car insurance companies In Portland, Oregon, based on quotes and evaluations made by independent agencies, including J.D. Power, AM Best and the National Association of Insurance Commissioners (NAIC).
MoneyGeek applied the following weightings to each assessment category:
- Affordability (70%): MoneyGeek collected average car insurance rates from insurers in Portland and rated them on a scale of one to five based on their affordability. The lowest-priced insurer could receive a score of five.
- Customer and claims satisfaction (20%): MoneyGeek examined surveys from J.D. Power to measure customer satisfaction and claims ratings of companies, with each weighted at 10%.
- Financial stability (10%): MoneyGeek used AM Best ratings to score insurance companies on a scale of one to five based on their ability to fulfill financial obligations despite economic variability.
For each category, each score is scaled to five points and the overall score is scaled to 100 points. MoneyGeek calculated the overall affordability score using different variables, including age, driving record and coverage levels, which were adjusted as necessary to focus on specific driver profiles.
For a full coverage policy, rates reflect the average premium with the following limits:
- $100,000 bodily injury liability per person
- $300,000 bodily injury liability per accident
- $100,000 property damage liability
- Comprehensive and collision coverage with a $1,000 deductible
MoneyGeek’s car insurance methodology provides more information about our collection, comparison and scoring process.
About Mark Fitzpatrick