MoneyGeek ranked the best car insurance companies in the state based on affordability, customer satisfaction and more. But comparing personalized quotes is the best way to find affordable car insurance in Oregon. Auto insurance providers determine annual premiums based on certain aspects, such as the driver’s age, driving history and location. MoneyGeek ranked companies to help you find the cheapest and most suitable auto insurance. Comparing car insurance quotes from some of the top-rated providers in Oregon could help you save up to $686.
The Best Cheap Car Insurance in Oregon for 2021
The Cheapest and Best Car Insurance in Oregon
Cheapest Minimum Liability Car Insurance Companies and Quotes in Oregon
In Oregon, liability-only coverage is the most basic and cheapest insurance option for drivers. This is because it only meets the state’s minimum requirements.
MoneyGeek conducted a study on car insurance companies in Oregon and found the cheapest options for minimum coverage to be:
- USAA: $465 per year (only available to current and former military members)
- GEICO: $566 per year
The most expensive car insurance provider in Oregon is American Family, with an average annual rate of $1,037.
Average Cost for Minimun Liability Coverage
These prices are only estimates based on rates for an average Oregon driver and should not be used to compare insurance prices.
While getting a minimum coverage policy in Oregon is the most affordable option, it only covers bodily injury, property damage liability, personal injury protection and uninsured/underinsured motorist coverage. Oregon drivers who want to cover damages to their car or need higher liability limits should consider purchasing a full coverage policy.
Cheapest Full Coverage Car Insurance in Oregon
To get protection against most road accidents and off-road incidents, Oregon drivers should choose a full coverage policy with higher liability limits and comprehensive and collision insurance. While these policies are more expensive, they protect against the cost of damage to your vehicle. Compare quotes from multiple insurers to find the best rates.
Based on MoneyGeek’s study, the cheapest car insurance providers in the state for a driver with full coverage are:
- USAA: $770 per year (for military members only)
- GEICO: $979 per year
Allstate has the most expensive rate for comprehensive and collision insurance in Oregon, costing an average of $1,457 annually.
Average Comprehensive and Collision Rates in Oregon
Insurance providers evaluate individual factors to determine premiums, so your rates will be different from the examples given. These prices are based on a comprehensive and collision insurance policy with $100,000 in bodily injury liability coverage per person, $300,000 in bodily injury liability coverage per accident and $100,000 in property damage coverage per accident.
The Best Car Insurance Companies in Oregon for 2021
MoneyGeek ranked car insurance companies in Oregon. The best insurers for most drivers are:
- Best Overall: The Hartford
- Runner-up: GEICO
USAA received the highest score in Oregon by MoneyGeek's rating system. However, because USAA is only available to military members, veterans and their families, it is not listed as best overall.
Considering factors like affordability, customer satisfaction, financial strength and claims experience, MoneyGeek ranked the best car insurance companies in Oregon.
MoneyGeek based each company’s final score (out of 100) on information from reputable outlets like J.D. Power and AM Best, along with pricing data and considerations of industry standards for ratings and review. MoneyGeek ranked each criterion equally to calculate the rating.
USAA is MoneyGeek’s top pick in Oregon since it has consistent ratings across categories, including affordability and customer service. However, only current and former military members qualify for USAA policies.
USAA is almost always among the cheapest options throughout the country. Oregon drivers who are or used to be members of the military can enjoy affordable car insurance rates. Additionally, if you are an active military member, you can get a discount for garaging your vehicle on base.Read MoneyGeek's USAA auto Insurance Review
Hartford comes in second place since it garnered high ratings across categories. It is the best option for Oregon drivers who are not current or former members of the military.
If an Oregon policyholder gets injured in an accident, Hartford will reimburse expenses for certain tasks like house cleaning and lawn maintenance. Additionally, your auto insurance rates will be protected for a full year. That means you have the assurance that your premium will not change every six months.Read MoneyGeek's The Hartford auto Insurance Review
While USAA scores highly in many areas, this provider is only available to military members, veterans and their families.
List of the Largest Insurance Companies in Oregon
In terms of market share, the largest auto insurance companies in Oregon are State Farm, Progressive and GEICO. To calculate market share, divide the number of premiums an insurance company has written by the total number of premiums written in the state. Some drivers consider market share as larger insurers tend to have higher levels of financial stability. However, having a large market share doesn’t mean a company is perfect for you.
- CompanyMarket Share
How to Compare Cheap Oregon Car Insurance Quotes Online
Most car insurance companies in Oregon will allow drivers to get a reasonably accurate quote on their website.
Before getting a quote, determine the coverage level you will need so you can compare rates. If you get a quote for $100,000 in bodily injury liability insurance from one insurer, make sure you are using the same requirement with other providers.
Start comparing quotes by entering your ZIP code below. You can also use MoneyGeek’s price data to find out which company websites to visit.
On average, the cheapest car insurance companies in Oregon are USAA, GEICO and Progressive. You can start by getting personalized quotes from these companies.
What Is the Average Cost of Car Insurance in Oregon?
Considering the average driver in Oregon, a 40-year-old man with a Toyota Camry and a clean driving record, MoneyGeek calculated the average cost of annual premiums in the state. These estimates are only to help drivers determine the possible cost of an Oregon auto insurance policy. Actual premiums may be higher or lower depending on the driver’s needs and circumstances. Companies will consider individualized factors, such as age, driving history and credit score. For example, a teen driver may have higher premiums compared to seniors.
- Average Driver: $1,181
- DUI: $1,787
- Speeding Ticket: $1,541
- Poor Credit Score: $1,927
- Seniors: $1,235
- Students: $2,729
Cheapest Car Insurance for Drivers With a DUI in Oregon
Insurers in Oregon charge higher rates for drivers with severe driving violations, such as a DUI. The average cost of car insurance in Oregon if you have a DUI is $1,787 per year. That is $606 more than the average annual rate for those with clean driving records.
The cheapest car insurers for Oregon drivers with a DUI and full coverage are:
- Progressive: $1,234 per year
- State Farm: $1,251 per year
Although USAA and GEICO are the most affordable options for drivers with clean records, Progressive and State Farm offer lower rates for those with DUI.
Average Car Insurance Rates With a DUI
Driving Under the Influence (DUI) can cause significant consequences on your life and insurance. In Oregon, DUI offenders face fines varying from $1,000 to $6,000, as well as community service hours and their license suspended for a year. After that time, they are required to have a car interlock device to prevent driving intoxicated again.
According to the Centers for Disease Control and Prevention, a study found 1.7% of Oregonians reported driving after drinking too much in the last 30 days. From 2009-2018, 1,176 people in Oregon died in alcohol-related car accidents.
The above table outlines what drivers who get a DUI can expect to pay for auto insurance in Oregon.
A DUI on your driving record will impact your insurance rates immediately and over a long period of time. Preventing a DUI is important because your car insurance premiums could double overnight if you don't. You’ll want to work hard to clear your record, both your criminal record and DMV record, if you get a DUI. Oregon offers a DUI Diversion Program, which will dismiss the charge if several conditions are met.
Following the suspension of your license, your insurance company can cancel your coverage. When looking for new coverage, DUI offenders are usually placed in a high-risk pool and face higher premiums. To find cheap car insurance with a DUI in Oregon, it’s best to do a lot of comparison shopping.
If you are denied coverage by multiple companies, there are additional resources in Oregon. The Automobile Insurance Plan of Oregon provides car insurance to drivers who are unable to obtain coverage elsewhere.
Cheapest Car Insurance for Drivers With Tickets in Oregon
Drivers who have driving violations in their records, like tickets, tend to have higher car insurance rates. In Oregon, the average rate for drivers with a speeding ticket is $1,541. That is higher than the average annual rate for drivers with a clean record, which is $1,181.
The cheapest car insurance companies in Oregon for drivers with a speeding ticket and full coverage:
- USAA: $977 per year (only for members of the military)
- State Farm: $1,251 per year
In comparison, USAA and GEICO offer the lowest rates for drivers with no tickets.
Average Car Insurance Rates With a Ticket
Distracted driving led to a 7.2% increase in traffic deaths in 2015. In Oregon, 450 people died in distracted driving-related crashes in 2018, according to the National Highway Traffic Safety Administration. Our phones are the number one distraction in the car, so Oregon is working to crack down on distracted driving. The state made it illegal to use any handheld device while driving in 2017. The following year, there were 13,086 convictions for using a mobile electronic device.
Both distracted driving and speeding tickets lead insurers to consider offenders at a higher risk of getting in an accident. Getting either ticket type will likely increase your insurance premiums. How much so depends on several factors, including the rest of your driving record. The above table details estimates of what drivers in Oregon can expect to pay after they get a ticket.
Oregon does not use a point system on drivers’ records, but the state tracks moving violations, including speeding and distracted driving citations. Your insurer can view these violations and can adjust your rates accordingly. Depending on the infraction, the citation may appear for three to five years. To save on your premium, work to remove citations from your record. Oregon allows you to view your driving record and submit an inquiry for changes.
You can also work with insurers to find cheap car insurance rates with a ticket in Oregon. Some companies will lower your premium if you take a driving course. Reach out to your insurer and ask if this is an option for you.
Cheapest Car Insurance Companies in Oregon for Drivers With Bad Credit
Having a bad credit score results in higher car insurance rates in Oregon. The annual average cost for drivers with poor credit in the state is $1,927, while the average rate for drivers with healthy credit scores is $1,181 annually.
The cheapest car insurance companies for Oregon drivers with poor credit and full coverage are:
- USAA: $1,283 per year (available to military members only)
- GEICO: $1,393 per year
USAA and GEICO are the most affordable companies for full coverage policies regardless of if you have poor or good credit.
Average Car Insurance Rates for Drivers With Bad Credit
When car insurance companies set premiums, they look at a number of risk factors, including your driving history. They also look at your credit history and tend to trust those with higher scores. A lower credit score can increase your costs. According to Experian, Oregon has one of the highest credit score ratings in the country at 718.
Consider the above estimates if you’re looking for auto insurance in Oregon and have a low credit score.
To protect consumers, Oregon placed limits on the impact credit scores can have on your insurance rates. First, insurers cannot use credit ratings to cancel policies or increase premiums at renewal, but they can use credit information for new policies. When doing so, the insurance companies cannot focus on your credit score alone and must tell you specific reasons why your rate is higher. This protection gives you a chance to review your credit history and make improvements.
Cheapest Car Insurance in Oregon for Seniors
Car insurance companies in Oregon usually charge senior drivers higher rates than young adults and middle-aged drivers. The average cost for senior drivers in the state is $1,235 per year. The average annual cost for the average 40 years old driver is $1,181.
The cheapest car insurance companies in Oregon for senior drivers with full coverage are:
- USAA: $867 per year (for military members only)
- MetLife: $920 per year
To compare, the cheapest rates for young adults and middle-aged drivers come from USAA and GEICO.
Average Car Insurance Rates for Seniors
When looking for the cheapest car insurance companies for seniors in Oregon, it’s important to consider your strengths and weaknesses as a driver. The Oregon Department of Motor Vehicles warns seniors that age-related changes can affect their driving. Such changes include vision, cognition and motor function. According to 2017 data from the National Highway Traffic Safety Administration, 16.4% of fatal traffic accidents in Oregon involved a driver over the age of 65.
In Oregon, age restrictions begin at 50 years old. That’s when the state will begin testing your vision every time you renew your license. It will suspend your license if you have a mental or physical condition that makes it unsafe for you to drive. If you are healthy and a good driver, Oregon offers a chance to get discounted insurance for seniors. There are approved crash prevention courses to take to lower your insurance rates.
Consider the above table for estimates of what seniors in Oregon can expect to pay for their auto insurance.
With age comes experience, which is why some insurance companies offer discounts for seniors. Insurance rates for seniors can vary based on your driving history and the type of vehicle you have. When getting quotes from insurance providers, discuss how often you drive. Many seniors drive less than the average driver, which can lower insurance rates.
Cheapest Car Insurance for Students in Oregon
Young student drivers typically pay higher insurance rates due to their inexperience and risk levels. The average annual rate for students in Oregon is $2,729. That is more than twice the average cost for an adult driver, which is $1,181 per year.
The cheapest options for a student driver with full coverage in the state are:
- GEICO: $2,216 per year
- Allstate: $2,314 per year
In comparison, USAA and GEICO provide the lowest rates for adult drivers.
Average Car Insurance Rates for Students
Adding a teenage driver to your car insurance policy in Oregon can be expensive. Federal statistics show teens are almost three times more likely to have a fatal crash, so insurers charge more to cover them.
Your teen can also benefit from driver’s education. Taking a defensive driving course teaches good defensive driving and may likely get a discount on an insurance premium. Look for a state-certified driver's ed course to ensure the insurance company will recognize the class.
Other ways to keep your rates down include ensuring your young driver gets good grades and maintains a clean driving record. The longer they go without an accident or ticket, the faster their rates will decrease. The best way to find the cheapest auto insurance for teenagers in Oregon is to shop around. Check out the above table for estimates of what parents can expect to pay when adding a young driver to their insurance plan.
The Oregon Department of Transportation offers The Oregon Parent Guide to Teen Driving. You may also want to ask your insurance company about an "accident forgiveness" clause that guarantees premiums will not increase after a minor accident. You’ll likely save on premiums if your teen is insured on your policy, rather than their own, even if they own their own car.
Insurance Rate Information for Military Drivers and Veterans
More than 300,000 veterans and 1,500 active-duty military personnel live in Oregon. If you are a veteran or military service member, be sure to mention your service and ask if there are any discounts available. Many insurance companies offer discounted rates for veterans and military members.
For active-duty members, your insurance needs will reflect your current assignment. In many cases, you won’t need auto insurance when stationed overseas. You can ask your insurance provider about suspending it during deployment, but be clear about the reason. Oregon does not allow insurers to charge more after a lapse in coverage if it is for a legitimate reason, like deployment.
Average Rates for Oregon service members
Car Insurance in Oregon: What You Need to Know
Like most states, Oregon has minimum required insurance coverage for all drivers. If you want to register a vehicle, you must insure it. The only exceptions are antique vehicles and collector’s cars, as well as farm tractors and trailers and some other specialty vehicles.
Proof of Insurance in Oregon
You need to show proof of insurance anytime you are in the car, either on paper or on your smartphone. If you can't show proof of insurance when asked by a police officer, you may receive a citation.
Minimum Liability Insurance Requirements in Oregon
At a minimum, every vehicle on the road must have at least these insurance coverages:
- $25,000 injury liability per person
- $50,000 injury liability per accident
- $20,000 property damage
- $15,000 personal injury protection (PIP)
- $25,000 uninsured motorist injury liability per person
- $50,000 uninsured motorist injury liability per accident
These are just the minimums required by law. If you have significant assets, insurance experts recommend getting increased coverage.
Alternatives to Insurance in Oregon
The only option for legally driving in Oregon without auto insurance is a self-insurance policy, which involves a lot of paperwork. The first step you need to do is show proof of financial responsibility to the Department of Transportation. If you use the self-insurance option, you’ll likely have to pay more than $20,000 to cover damages in an accident.
High-Risk Auto Insurance Program in Oregon
If multiple companies deny you coverage, there are additional resources in Oregon. The Oregon Automobile Insurance Plan provides car insurance to drivers who are unable to obtain coverage elsewhere.
How Much Coverage Do You Need in Oregon?
According to the Insurance Information Institute, insurance experts and consumer advocates recommend carrying liability coverage of $100,000 per person and $300,000 per accident.
Depending on the value of your car and your assets, you may want to consider additional types of insurance. If you have a relatively new vehicle, you may want to purchase collision insurance (which covers damage to your car in the event of a collision) and comprehensive insurance (which covers damage due to fire, theft or natural disaster).
On the other hand, if your car is worth less than your deductible and a couple of years' worth of premiums, collision and comprehensive insurance may not be worth it.
Average Insurance Rate by City in Oregon
FAQs About Car Insurance in Oregon
The most common questions Oregon drivers have about car insurance center around the cost of premiums and how much coverage to buy.
About the Author
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