Country Financial offers the cheapest overall car insurance in Oregon. MoneyGeek's analysis also shows that American Family provides the cheapest auto insurance to 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.
Table of Contents
Cheapest Minimum Liability Car Insurance in Oregon (November 2023)
Based on our findings, the cheapest auto insurance carriers in Oregon for a policy that only meets the minimum state requirements are:
- Country Financial: $475 per year
- Progressive: $524 per year
Dairyland has the priciest minimum auto insurance coverage in Oregon, costing an average of $2,025 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 incurred to repair your car. For added protection, opt for a full coverage policy, which includes comprehensive and collision coverage to financially protect your vehicle.
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Cheapest Full Coverage Car Insurance in Oregon (November 2023)
According to MoneyGeek’s review, the companies with the cheapest full coverage car insurance rates in Oregon are:
- American Family: $921 per year
- Nationwide: $982 per year
At about $3,123 per year on average, Dairyland is the state’s most expensive full coverage car insurance provider.
Full coverage policies are significantly more expensive than those offering minimum coverage. Full coverage from American Family, for instance, costs $285 more than minimum coverage.
However, full coverage auto insurance provides better financial protection after an at-fault accident since 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.
How to Compare Cheap Oregon Car Insurance Quotes Online
Most auto insurance providers allow you to request a quote through their websites, which can take up to 15 minutes. Obtaining quotes across several companies to secure the best rates can be time-consuming, as you must provide your personal information on each platform.
You can save time using our car insurance calculator, which facilitates quicker comparisons across multiple parameters that suit your profile. As a starting point, you can provide your gender, age and driving history below to estimate your premiums for most Oregon insurers.
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Cheapest Car Insurance in Oregon by Age (November 2023)
Age is one of the biggest factors affecting car insurance rates in Oregon. MoneyGeek found that Nationwide and American Family offer the cheapest options on average, depending on what age group you and your family belong to.
Cheapest Car Insurance in Oregon for Teens and Their Families (November 2023)
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 adding teens to their parents' policies, costing $3,135 for policies with male teens and $3,276 for female teens.
In Oregon and the rest of the U.S., car insurance rates for teens 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).
The sample profile used in this category is for a 16-year-old on a family policy with full coverage. 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.
On average, car insurance rates for male teens tend to be significantly more expensive than for female teens. That's because male teens tend to have higher accident rates and more reckless driving behavior. This rate difference is not as notable when drivers reach their 20s and beyond.
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.
Cheapest Car Insurance in Oregon for Young Adults (November 2023)
For drivers in their 20s, the most affordable car insurance providers in Oregon are:
- American Family: $1,010 per year
- Travelers: $1,189 per year
Dairyland policies have the highest average premium for young adult drivers, costing $3,365 per year.
The cheapest policy for young drivers is typically more costly than for middle-aged drivers, with a difference of $89 in Oregon.
Cheapest Car Insurance in Oregon for Seniors (November 2023)
Senior drivers can purchase the cheapest car insurance in Oregon from the following companies:
- American Family: $885 per year
- Nationwide: $913 per year
The highest premium comes from Dairyland at about $2,913 per year on average. Oregon residents in their 60s tend to pay lower rates for car insurance than middle-aged drivers. The cheapest insurer charges senior drivers about $36 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 feature discounts for senior drivers, including safe and defensive driving discounts. Insurers consider other factors besides age while computing your rates. Comparing multiple quotes is a sure way of obtaining the best coverage for your needs.
Cheapest Car Insurance for Higher Risk Drivers (November 2023)
If you have a traffic violation on your record, such as a DUI, speeding ticket or an at-fault accident, Oregon’s most affordable auto insurance provider is American Family.
Nationwide is the cheapest insurer for drivers with poor credit, while it is American Family for those with sports cars.
Generally, having a violation increases your rates considerably. To lower your premiums, take a safe driving course and regularly review your driving record for errors. Work to improve your profile over time so you can access cheaper insurance options.
Cheapest after a ticket: American Family ($1,094 per year)
Cheapest after an accident: American Family ($1,135 per year)
Cheapest after a DUI: American Family ($1,094 per year)
Cheapest for poor credit: Nationwide ($1,461 per year)
Cheapest for sports cars: American Family ($875 per year)
Cheapest Car Insurance in Oregon After a Ticket
If you have a speeding ticket, the following companies will offer the most affordable full coverage car insurance in Oregon:
- American Family: $1,094 per year
- Capital Insurance Group: $1,227 per year
Dairyland is the most expensive company, charging an average of $3,680 per year. You will pay about $323 more annually in Oregon for full coverage car insurance after a speeding ticket.
Cheapest Car Insurance in Oregon After an Accident
An at-fault accident can increase your auto insurance premium significantly, and the lowest average rates in Oregon come from the following companies:
- American Family: $1,135 per year
- Nationwide: $1,257 per year
Dairyland has the highest average car insurance rate for drivers with an at-fault accident, charging $3,988 per year. Based on our analysis, the average premium for the cheapest full coverage policy can increase by $537 annually due to an at-fault accident.
An at-fault accident is going to result in a premium increase that may last for years. To avoid that, include accident forgiveness coverage on your auto policy. With this optional coverage, your first at-fault accident will not cause your policy cost to increase. It is available from many insurers, and some award it for free if you maintain a clean motor vehicle record prior to the accident. — Mark Friedlander, Director, Corporate Communications, Insurance Information Institute
Cheapest Car Insurance in Oregon After a DUI
The following carriers offer the lowest full coverage auto insurance rates in Oregon if you have a DUI:
- American Family: $1,094 per year
- Progressive: $1,245 per year
The company with the most expensive car insurance for this violation is Dairyland, costing about $3,286 per year. On average, a DUI increases your annual rate by $595.
Cheapest Car Insurance in Oregon for Drivers With Poor Credit (November 2023)
In Oregon, the most affordable auto insurance companies if you have a bad credit score are:
- Nationwide: $1,461 per year
- Capital Insurance Group: $1,487 per year
Dairyland charges the highest premium for those with poor credit at $4,138 per year.
Typically, a credit score above 750 will get you better rates. In Oregon, drivers with poor credit pay approximately $803 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 you are more likely to file a claim. Utilizing your creditworthiness to determine how much you should pay for insurance is allowed in most states, including 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.
Cheapest Car Insurance in Oregon for Sports Cars (November 2023)
The cheapest auto insurance providers in Oregon if you drive a sports car are:
- American Family: $875 per year
- Capital Insurance Group: $912 per year
Policies from Dairyland are the most expensive for sports car insurance at $2,821 per year on average.
Sports cars cost more to repair and replace than ordinary cars. This usually translates to higher insurance costs. In Oregon, drivers pay an average of $20 more for insurance if they have a sports car over a Toyota Camry LE.
MoneyGeek used a Ford Mustang as the sample sports car to source quotes for this study. Rates may vary slightly depending on the sports car model. Insurance costs for electric, sports and luxury cars are often higher than those for other model types.
Cheapest Car Insurance in Oregon for Military Drivers (November 2023)
USAA provides cheap car insurance to Oregonians with military backgrounds at about $864 per year. The insurer offers policies exclusively to those in the military and is widely available across the U.S.
- $864 per year
USAA offers several discounts for its policyholders. These include bundling, good student, multiple car and safe driving discounts.
Cheapest Car Insurance in Oregon by City
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.
Our analysis shows that Eugene has the cheapest auto insurance in Oregon, with a policy costing $876 from Nationwide. Portland has the highest cost at $1,292 per year from Nationwide.
Use the following table to learn about car insurance costs across Oregon cities.
Car Insurance in Oregon: What You Need to Know
Oregon requires car insurance policies to include bodily injury and property damage liability coverages. The minimum coverage must also have 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.
Oregon Car Insurance Requirements
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 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 legally drive in Oregon.
Bodily Injury Liability
Your policy should include at least $25,000 coverage per person for bodily injury and $50,000 per accident. If you are involved in an accident, this coverage will pay for treating any injured third parties. A lower limit means you may need to pay for the additional cost out of pocket.
Property Damage Liability
Oregon requires that car insurance policies have a $20,000 property damage liability per accident. If you damage a third party’s property during an accident, you will pay for any costs above the $20,000 out-of-pocket limit.
Personal Injury Protection
Oregon’s $15,000 personal injury protection covers medical treatment for drivers and their passengers after an accident without regard to who is at fault. Keeping the PIP at a minimum means you will need alternative funds to cover any extra medical costs.
Uninsured Motorist Bodily Injury Liability
If you are hit by an uninsured driver or experience a hit-and-run, uninsured motorist coverage pays the damages you incur. In Oregon, drivers are required to have at least $25,000 per person and $50,000 per accident coverage limits. You may also include underinsured motorist, which covers the additional costs of damages when a driver with insufficient coverage hits you.
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. For property damage coverage, the ideal limit 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.
Car Insurance Alternatives in Oregon
It is illegal to drive without a car insurance policy in Oregon. 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 will need to provide financial statements, details of the vehicles to be insured and accident history statements.
FAQs About Car Insurance in Oregon
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.
About Mark Fitzpatrick
- Oregon.org. "Application for Self-Insurance Certificate." Accessed October 20, 2023.