Compare the Cheapest Car Insurance Quotes in Portland, OR

For Portland drivers, the average cost to insure a vehicle is $1,181 per year, the same as the state average. GEICO has an average rate of $979, making it the cheapest widely-available insurer. MoneyGeek analyzed the cheapest by coverage level and driver history. For drivers who value quality and cost, MoneyGeek also ranked the best companies in the city.

Compare Auto Insurance Rates

Insurance Rates

Ensure you're getting the best rate for your auto insurance. Compare quotes from the top insurance companies.

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Last Updated: 9/22/2022
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Car insurance rates vary quite a bit based on your driving profile and coverage requirements. The most affordable full coverage and state minimum provider in Portland, Oregon, is GEICO. Meanwhile, drivers with a speeding ticket can go to State Farm for the cheapest rates. USAA offers affordable options for military personnel, and Hartford is MoneyGeek’s top-rated car insurance company in terms of balancing cost and customer service.

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The Cheapest and Best Car Insurance in Portland

The Cheapest Car Insurance Companies in Portland

A full coverage car insurance policy includes liability, comprehensive and collision coverages, financially protecting the driver from most circumstances.

In Portland, these companies offer the cheapest full coverage policies for an average driver:

  • GEICO: $979 per year
  • Metlife: $992 per year

Drivers who are members of the military or are part of a military family may be eligible for USAA car insurance, which has an even more affordable rate at $770 annually. USAA is also Portland’s cheapest provider, with a rate that’s 89.1% lower than Allstate, the city’s most expensive provider.

Cheapest Car Insurance in Portland
Full Coverage 100/300/100
  • Company
    100/300/100per year
  • 1.
    USAA
    $770
  • 2.
    GEICO
    $979
  • 3.
    MetLife
    $992
  • 4.
    Progressive
    $1,002
  • 5.
    Country Financial
    $1,037
  • 6.
    State Farm
    $1,135
  • 7.
    Nationwide
    $1,167
  • 8.
    Travelers
    $1,227
  • 9.
    American Family
    $1,364
  • 10.
    Farmers
    $1,454
  • 11.
    Allstate
    $1,457

Following MoneyGeek’s methodology, the auto insurance rates in this guide are for a 40-year-old male driver in Portland, Oregon, with a full coverage policy. A full coverage auto insurance policy includes comprehensive and collision coverages on top of the state’s minimum required coverages. It is more expensive than a minimum coverage policy, but it offers extensive financial protection in case of an accident.

  • Comprehensive Coverage: Pays for repairs from damages due to the weather, theft, falling objects and other damages not caused by a collision.
  • Collision Coverage: Pays for vehicle repair expenses if you’re in an accident.

If you have an older car, a full coverage insurance policy can be more expensive than your car’s actual worth. In that case, a liability-only or state minimum insurance policy is recommended to obtain the most affordable rates possible.

Compare Car Insurance Rates in Portland

Ensure you're getting the best rate for your car insurance. Compare quotes from the top insurance companies.

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Insurance Rates

Cheapest Car Insurance in Portland for Minimum Coverage

A state minimum policy can be the best option for drivers looking for Portland’s cheapest car insurance offers. MoneyGeek’s study shows the following insurers have the cheapest minimum coverage policies:

  • GEICO: $566 per year
  • Progressive: $629 per year

Eligible military personnel in Portland can also look at USAA, which offers the most affordable rates at $465 annually. It’s $572 cheaper than the city’s most expensive provider, American Family.

State minimum car insurance is significantly more affordable than other coverages. However, since they don’t include comprehensive and collision, they expose the driver to financial risks in case of an accident.

See how rates change in the table below with higher liability limits.

Cheapest Minimum Liability Car Insurance in Portland
State Minimum

It’s the law in Oregon that drivers have a minimum coverage car insurance policy that includes personal injury protection, property protection insurance and liability insurance.

A minimum coverage policy is the cheapest car insurance in Portland. Buying it will lead to savings in your monthly premiums, but you may end up paying more in case of an accident.

In Oregon, liability insurance only covers up to $25,000 for bodily injuries per person. This means if you’re at fault in a collision and the injured party’s medical expenses reach $30,000, the insurer pays $25,000, leaving you to pay the balance owing yourself.

Oregon Minimum Liability Requirements

  • Item
    Description
  • Bodily Injury and Property Damage
    $25,000 per person, $50,000 per accident and $20,000 for property damage. A more protective level is 100/300/100.
  • Uninsured Motorist
    $25,000 per person and $50,000 per incident. The minimum coverage may not be enough if you're in a serious accident.
  • Personal Injury Protection
    $15,000 per person.

Cheapest Car Insurance in Portland if You Have Driving Violations

Car insurance premiums usually increase if there’s a driving violation against your name. If you’ve recently been fined for speeding, charged with a DUI or an at-fault accident, you can certainly try to improve your records over time to have your rates lowered.

During that time, comparing car insurance offers is your best option to find optimal deals. MoneyGeek ranked Portland’s most affordable car insurance companies for drivers with bad records:

  • Cheapest after a ticket: State Farm, $1,251 per year
  • Cheapest after an at-fault accident: American Family, $1,411 per year
  • Cheapest after a DUI: Progressive, $1,234 per year

Military personnel, including veterans and their families, may be eligible for insurance through USAA. The insurer offers the cheapest auto insurance rates in Portland for drivers with a speeding ticket or an at-fault accident.

Cheapest Car Insurance in Portland With a Violation
Speeding Ticket

Average Cost of Car Insurance in Portland

Portland$1,181
Oregon$1,181
U.S.$1,424

In Portland, the average annual cost of vehicle insurance is $1,181, which is the same as the state average and lower than the national average. Drivers in Portland spend around the same as their fellow drivers in the state of Oregon while spending 17.1% less than the national average.

Personalized Quotes to Get You the Cheapest Car Insurance in Portland

When looking for car insurance quotes in Portland, insurance providers rely on several metrics to determine the risk of insuring a driver. Factors such as age, driving history, ZIP code and gender can significantly impact a driver’s premiums. It’s highly recommended for a driver to receive personalized quotes to get better rates.

Compare Car Insurance Rates in Portland

Ensure you're getting the best rate for your car insurance. Compare quotes from the top insurance companies.

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Insurance Rates

The Best Car Insurance Companies in Portland

MoneyGeek analyzed Portland’s top car insurance providers to help you find affordable and quality insurers.

Our study reveals that overall the best car insurance companies in Portland are:

  • Hartford: MoneyGeek score of 93 out of 100
  • GEICO: MoneyGeek score of 85 out of 100

USAA received the best scores based on MoneyGeek’s rating system. However, because it’s only available to military members, veterans, and their families, it is not listed as Portland’s best overall.

MoneyGeek reviewed various factors to determine the final scores out of 100. These include ratings by J.D. Power with regard to customer satisfaction, affordability and the insurer’s financial stability.


1
USAA
Score:100

5/5

Affordability

5/5

Claims Ratings

5/5

User Satisfaction

A++

Financial Stability

2
Hartford
Score:93

4/5

Affordability

5/5

Claims Ratings

4/5

User Satisfaction

A+

Financial Stability

3
GEICO
Score:85

4/5

Affordability

2/5

Claims Ratings

3/5

User Satisfaction

A++

Financial Stability

4
Allstate
Score:83

3/5

Affordability

3/5

Claims Ratings

3/5

User Satisfaction

A+

Financial Stability

5
American Family
Score:80

3/5

Affordability

2/5

Claims Ratings

4/5

User Satisfaction

A

Financial Stability

6
State Farm
Score:80

3/5

Affordability

3/5

Claims Ratings

3/5

User Satisfaction

A

Financial Stability

7
Farmers
Score:80

3/5

Affordability

3/5

Claims Ratings

3/5

User Satisfaction

A

Financial Stability

8
Progressive
Score:80

3/5

Affordability

3/5

Claims Ratings

2/5

User Satisfaction

A+

Financial Stability

9
Safeco
Score:78

2/5

Affordability

3/5

Claims Ratings

3/5

User Satisfaction

A

Financial Stability

10
Liberty Mutual
Score:78

3/5

Affordability

3/5

Claims Ratings

2/5

User Satisfaction

A

Financial Stability

11
Nationwide
Score:75

2/5

Affordability

2/5

Claims Ratings

2/5

User Satisfaction

A+

Financial Stability

Average Cost of Car Insurance by Postal Code

Where you live within Oregon also plays a significant role in determining your car insurance rates, and that rings true for car insurance quotes in Portland. Each ZIP code has different rates of auto accidents, car theft and more factors that insurance companies analyze when assessing a driver's risk level. The city’s most affordable neighborhood for auto coverage is 97229, and drivers in this area typically pay around $293 less than drivers in the 97233 ZIP code, the region's most expensive ZIP code.

  • Zip Code
    State Minimumper year
  • 97229
    $1,037
  • 97223
    $1,061
  • 97206
    $1,297
  • 97233
    $1,330

Factors That Impact Insurance Costs in Portland

In addition to individual driver needs and history, location-specific factors like personal injury protection coverage requirements and the percentage of uninsured motorists also contribute to car insurance rates in Portland. How Portland ranks compared to the 300 most populous cities in the United States can have a significant impact on premium costs.

accident2 icon
Most Accidents With Fatalities193rd/300
handcuffs2 icon
Most Car Thefts272nd/300
uninsured icon
Most Uninsured Motorists by State21st/50
insurance2 icon
Personal Injury Protection RequiredYes
rain icon
Most Annual Rainfall157th/300
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Most Rainy Days13th/300

About the Author


expert-profile

Mark Fitzpatrick is a senior content manager with MoneyGeek specializing in insurance. Mark has years of experience analyzing the insurance market and creating original research and content. He graduated from Boston College with a Bachelor of Arts and Johns Hopkins University with a Master of Arts.