Cheapest Car Insurance in Oregon (October 2024)

Kemper offers the overall cheapest car insurance in Oregon. MoneyGeek's analysis also shows that American Family and Nationwide provide the most affordable auto insurance for certain types of drivers.

If you want an insurer that combines quality service with affordability, we analyzed the best car insurance companies in Oregon to help you identify an ideal option.

The cheapest auto insurance providers in Oregon for minimum coverage are:

• Kemper: $480 per year
• Travelers: $536 per year

Dairyland has the priciest minimum coverage auto insurance in Oregon, costing an average of $2,105 per year.

Oregon’s minimum car insurance includes liability coverage for property damage and bodily injury, personal injury protection and uninsured motorist coverage.

Although minimum coverage car insurance is the most affordable, it does not cover the costs of repairing your car. For added protection, opt for a full coverage policy, which includes comprehensive and collision coverage to protect your vehicle financially.

The companies with the cheapest full coverage car insurance rates in Oregon are:

• Kemper: $776 per year
• Travelers: $963 per year

At an average of $3,281 per year, Dairyland is Oregon's most expensive full coverage car insurance provider.

Full coverage policies are significantly more expensive than minimum coverage. For instance, full coverage from Kemper costs $297 more than its minimum coverage. However, full coverage auto insurance provides better financial protection after an at-fault accident because it covers repairs to your vehicle. Aside from damage caused by collisions, you also get protection from vandalism, theft, weather events and other non-collision incidents.

The amount of car insurance you need will impact your rate significantly. Our sample full coverage policy has liability protection with the following limits:

• $100,000 in bodily injury liability per person
• $300,000 in bodily injury liability per accident
• $100,000 in property damage liability per accident

To save on your premium, you could select a policy with lower liability limits, such as the minimum coverage option, or if you have full coverage, choose higher deductibles for comprehensive and collision insurance. Note that lower liability limits may put you at risk of inadequate coverage if you are involved in an at-fault accident.

You can get online quotes from various insurers. However, be prepared to spend up to 15 minutes on the process. You must also enter your information and compare rates from multiple websites.

A convenient and quick alternative is MoneyGeek's car insurance calculator. It doesn't require specific personal information and can help you start finding the cheapest car insurance in Oregon.

Age is one of the most significant factors affecting car insurance rates in Oregon. MoneyGeek found that Nationwide and Kemper are the most affordable options depending on the age group you and your family belong to.

Insurers offering the cheapest car insurance in Oregon for teens on a family policy include:

• Nationwide: $1,573 per year for male teens and $1,464 per year for female teens
• Allstate: $1,894 per year for male teens; State Farm: $1,605 for female teens

Capital Insurance Group is the most expensive insurer for teens added to their parents' policies, costing around $3,437 per year for male teens and $3,592 for female teens.

In Oregon and the rest of the U.S., teen car insurance rates decrease as they age, giving older teen drivers the lowest premiums. Oregon's most affordable insurer for 19-year-old males is Nationwide ($1,374 per year).

Adding a teen driver to the family's policy is typically less costly than purchasing separate coverage for them. Plus, if the teen is under 18, they cannot legally purchase car insurance without a parent or guardian's consent. For instance, a 16-year-old pays an average of $5,795 for an individual policy. The same coverage will cost $2,468 on a family policy, giving parents around $3,327 in savings per year.

Some insurance companies, including the top insurers in Oregon, offer teen and student driver discounts to allow parents to save on premiums. Nationwide provides a good student discount. Allstate and State Farm offer student away at school and good student discounts.

For drivers in their 20s, the most affordable car insurance providers in Oregon are:

• Kemper: $775 per year
• American Family: $1,063 per year

Dairyland policies have the highest average premium for young adult drivers, costing $3,529 per year.

In Oregon, a full coverage policy for young drivers costs around $191 more per year than policies for middle-aged drivers.

Senior drivers can purchase the cheapest car insurance in Oregon from the following companies:

• Kemper: $813 per year
• American Family: $931 per year

Dairyland has the highest premium for senior drivers in Oregon, at about $3,061 per year.

Oregon residents in their 60s tend to pay lower rates for car insurance than middle-aged drivers. On average, a full coverage policy costs senior drivers about $43 less per year. Note that premiums are higher for drivers in their 70s and 80s because they are more likely to file a claim.

State Farm, Nationwide, GEICO and most insurers offer discounts for senior drivers, including safe and defensive driving discounts. Insurers consider other factors besides age when computing rates, so comparing multiple quotes can help you obtain the best coverage for your needs.

Kemper offers the most affordable auto insurance in Oregon if you have a speeding ticket or an at-fault accident. It is also the cheapest provider for those with sports cars and for drivers with poor credit. Meanwhile, American Family is the most affordable for drivers with a DUI.

In Oregon, drivers with a speeding ticket may get the cheapest premium for a full coverage policy from the following providers:

• Kemper: $948 per year
• American Family: $1,155 per year

Dairyland is the most expensive option at $3,875 per year. After getting a ticket, you might pay around $332 more for your car insurance.

The lowest average rates in Oregon for those with at-fault accidents on their record come from the following companies:

• Kemper: $1,027 per year
• American Family: $1,200 per year

Dairyland has the highest average car insurance rate for drivers with an at-fault accident, charging $4,203 per year. Based on our analysis, the average premium for the cheapest full coverage policy can increase by $548 annually due to an at-fault accident.

The following companies offer the lowest full coverage rates in Oregon if you have a DUI:

• American Family: $1,155 per year
• State Farm: $1,347 per year

Dairyland has the most expensive car insurance for those with a DUI, costing about $3,456 per year. On average, a DUI increases your annual rate by $588.

In Oregon, the most affordable auto insurance companies if you have a bad credit score are:

• Kemper: $1,275 per year
• Capital Insurance Group: $1,476 per year

Dairyland charges the highest premium for those with poor credit at an average of $4,340 per year.

Typically, a credit score above 750 will get you better rates. In Oregon, drivers with poor credit pay approximately $828 more per year for car insurance than drivers with good credit scores.

Insurance companies quote higher car insurance premiums if you have a poor credit history since they consider you more likely to file a claim. Utilizing your creditworthiness to determine how much you should pay for insurance is not allowed in some states, but it is allowed in Oregon.

Although you can improve your credit score and lower your auto insurance premiums over time, a short-term solution is comparing providers and choosing the best rate for your needs. Some lenders also offer discounts that can lower your costs significantly.

If you drive a sports car, the cheapest auto insurance providers in Oregon are:

• Kemper: $783 per year
• Travelers: $880 per year

Policies from Dairyland are the most expensive for sports car insurance at $2,970 per year on average.

Sports cars cost more to repair and replace than ordinary cars, which translates to higher insurance costs. In Oregon, drivers with a sports car pay an average of $6 more for insurance than drivers with a Toyota Camry LE.

MoneyGeek used a Ford Mustang as its sample sports car in this study, but costs may differ depending on your particular car model. Sports, electric and luxury cars are generally more expensive to insure; otherwise, the model may not be a significant factor. However, this may not be true for all states.

In Oregon, Kemper offers the most affordable full coverage car insurance policy for active-duty military officers and those with a military background, with an average annual cost of $776.

USAA's full coverage policy costs about $960 per year, and it provides special coverage benefits and discounts for military personnel.

Where you live can influence your auto insurance rates in Oregon. Cities with a high accident rate, vandalism, theft and similar occurrences may have higher car insurance costs because residents are more likely to file claims.

Eugene has the cheapest auto insurance in Oregon, with a policy costing around $696 per year from Kemper. Portland has the highest cost at an average of $1,019 per year from Kemper.

Use the following table to learn about car insurance rates across Oregon cities.

Oregon requires car insurance policies to include bodily injury and property damage liability coverages. The minimum coverage must also include uninsured motorist coverage and personal injury protection. Drivers who meet the self-insurance requirements can use it as an alternative to standard auto insurance policies.

All auto insurance policies in Oregon must meet the minimum state requirements for bodily injury liability, property damage liability, personal injury protection and uninsured motorist coverage. Minimum coverage policies are the cheapest option but offer limited protection.

If you have a serious infraction, such as a DUI, reckless driving or driving without a license, you must have an SR-22 on file with the Oregon Driver and Motor Vehicles Department. Commonly called SR-22 insurance, it is a certificate of financial responsibility your car insurer files on your behalf to prove you have the required car insurance to drive legally in Oregon.

MoneyGeek recommends purchasing a car insurance policy with at least $100,000 in bodily injury liability per person and $300,000 per accident to ensure adequate protection. The ideal limit for property damage coverage is $100,000. If you finance or lease your car, you will likely be required to have full coverage insurance that includes comprehensive and collision insurance.

Comprehensive insurance coverage pays to repair or replace your car due to damage caused by non-collision incidents, such as theft, vandalism, fire and severe weather, including hail and flooding. Collision coverage pays for damage caused by an at-fault accident with another vehicle or striking an object like a tree or fence. It also covers rollover accidents and pothole damage.

If you have a valuable car with high repair and replacement costs, full coverage may be better than liability-only insurance.

In Oregon, it is illegal to drive without a car insurance policy. Residents with at least 25 vehicles registered in their name may also meet the minimum auto insurance requirements by obtaining self-insurance.

To qualify for a self-insurance certificate, you must meet any of the following requirements:

• Meet the public body requirements stipulated in ORS 30.260 and OAR 735-050-0020
• Qualify as a federal agency in the United States
• Have a certified copy of the written decision from the Federal Motor Carrier Safety Administration authorizing you as a self-insurer
• Provide documents required to meet the OAR 735-050-0020 requirements and possess more than 25 cars registered in your name

The certificate remains valid for one year. During application, you must provide financial statements, details of the vehicles to be insured and accident history statements.

When shopping for a car insurance provider, you may have questions about affordability and service quality. MoneyGeek answered questions about auto insurance in Oregon to get you started.