Depending on your driving history, insurance companies may charge you more, especially if they believe you to be a higher risk to insure. Research and comparative shopping will help you decide which insurer offers the best value.
In Oregon, MoneyGeek determined that State Farm is the cheapest high-risk auto insurance company and provides the best value in terms of affordability and customer service. The annual cost of the company's policy is around $1,166, but your individual circumstances may affect your premium.
Best Companies for High-Risk Drivers in 2023
You may be considered a high-risk driver if you have a background of at-fault accidents, tickets or a DUI conviction. Due to inexperience on the road, being a young driver makes you riskier for insurance providers, too.
High-risk drivers are typically thought to be more likely to submit an auto insurance claim by insurance companies. In order to cover the potential costs of a claim, they charge a higher premium. In Oregon, your premium for high-risk car insurance may cost around 26% more than if you had a low-risk profile.
A high-risk driver is an individual who has a history of serious traffic offenses, such as drag racing, driving under the influence (DUI) or having their license revoked or suspended.
Even if you have a spotless driving record, insurers may still view you as a risk in certain circumstances. The following are examples of high-risk drivers:
- Drivers with a history of traffic violations or at-fault accidents
- Drivers with a DUI conviction
- Drivers caught driving with a suspended or revoked license
- Young drivers with a lack of driving experience
- Drivers who drive sports cars or participate in drag racing
- Drivers with bad credit or lapses in insurance coverage
Cheapest Car Insurance in Oregon for High-Risk Drivers
According to MoneyGeek's research, State Farm offers the most affordable high-risk auto insurance to Oregon drivers. It provides an insurance policy at an average annual cost of $1,166.
Visit MoneyGeek's detailed State Farm review to discover its benefits, drawbacks and coverage options.
In Oregon, SR-22 insurance is mandatory for drivers who have committed a serious traffic infraction. The form is submitted by the auto insurance company of the convicted driver. It proves to the state that the driver's insurance meets the minimum state requirements for liability coverage.
Best Car Insurance in Oregon for High-Risk Drivers
With a MoneyGeek score of 91 out of 100, State Farm is the highest-rated auto insurance company in Oregon for high-risk drivers. Our State Farm review examines its coverage options, pricing and customer service in further detail.
With a MoneyGeek score of 79 out of 100, American Family ranks as the second-best insurance company in Oregon for high-risk drivers. In our review, we outline the benefits and drawbacks of the company.
State Farm's high-risk auto insurance in Oregon costs around $1,166 per year, an increase of roughly 14% from what clean-record drivers pay.
State Farm is the top auto insurance provider in Oregon for high-risk drivers. It has a proven track record of being fairly priced and having satisfied customers. State Farm offers many auto insurance discounts, including bundling, multiple vehicle, anti-theft system, good student and airbag.
But State Farm has limited add-on coverage options. For example, drivers can get rideshare insurance and roadside assistance, but gap insurance and new car replacement are unavailable.
In Oregon, American Family charges high-risk drivers around $1,303 annually for auto insurance, which is roughly 3% higher than the price for drivers with clean records.
American Family obtained high marks for customer satisfaction, claims processing, affordability and financial stability.
The insurer offers several standard auto insurance add-on coverages, such as gap insurance and roadside assistance, as well as some unique add-ons, such as original equipment manufacturer (OEM) coverage.
Drivers may qualify for many discounts with American Family, including good student, mileage, paperless and legacy.
Finding low-income auto insurance in Oregon is possible, so you do not have to compromise quality for financial reasons. Although there is no state-funded program for low-income drivers, people who don’t commute or do not drive very often may consider pay-per-mile insurance, or you could select state minimum coverage to save money.
Cheapest Car Insurance in Oregon for Drivers With a DUI
MoneyGeek discovered that State Farm offers the most affordable high-risk auto insurance in Oregon for drivers with a DUI on their record, with an average annual premium of $1,098. Explore our State Farm auto insurance review to learn more about its offerings, discounts and customer service.
USAA is another reasonably priced option for active-duty or retired military members in the state who have been convicted of DUI.
The look-back period is the length of time a DUI conviction remains on a driver's record. State-specific look-back periods vary but can be rather lengthy in order to accommodate prison terms for serial offenders or harsher penalties. In Oregon, the look-back period lasts 10 years.
Cheapest Car Insurance in Oregon for Teenage Drivers
Nationwide offers the most affordable high-risk auto insurance rate to young drivers in Oregon. The company's average annual premium for teenage car insurance is $3,962.
Take into account that your rate will vary depending on your age and other factors. Read our Nationwide review to discover more about the company.
Car insurance can be very expensive, particularly for teenagers and college students. Even if it costs more, full coverage car insurance is recommended because it will provide security and financial protection in an accident. By shopping around and evaluating quotes, it is possible to discover the most affordable high-risk auto insurance for new and young drivers.
Cheapest Car Insurance in Oregon for Drivers With Bad Credit
GEICO offers the cheapest auto insurance for high-risk drivers with poor credit in Oregon. Bad credit drivers pay an average annual price of $1,243 for car insurance. Visit MoneyGeek's review of GEICO auto insurance to discover more about its advantages and disadvantages.
You can still obtain auto insurance even if you have poor credit. But be aware that having a poor credit score may mean paying much more for coverage. Obtaining multiple quotes from various companies in Oregon is a great way to find the best high-risk car insurance for individuals with poor credit.
How Much Does Car Insurance Cost for High-Risk Drivers in Oregon?
When determining auto insurance prices, insurance providers frequently evaluate a driver's experience and history. Consequently, premiums for high-risk drivers are often more expensive.
Oregon drivers with clean records pay around $1,106 per year, whereas high-risk drivers have an average annual cost of $1,516. That’s over $400 more.
Annual Car Insurance Cost in OR for Low-Risk vs. High-Risk Drivers
This is 37% more expensive.
MoneyGeek's Oregon car insurance calculator will assist you in determining the cost of a policy depending on various factors, including your age, driving history, vehicle type and the coverage amount. With the aid of our calculator, you can determine the variable that has the greatest impact on your rate.
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Can You Still Get Car Insurance in Oregon if Insurers Refuse to Insure You?
Since companies that offer auto insurance do so voluntarily, some providers may decline to give you a policy if they believe you are too risky. The best course of action in this situation is to buy a residual market plan through the non-profit Automobile Insurance Plan Service Office (AIPSO).
AIPSO has assisted high-risk drivers in acquiring vehicle insurance coverage for over 48 years, ultimately maintaining the residual auto insurance market. AIPSO presently oversees 38 residual market mechanisms effectively and provides assistance and services to an additional 16 residual market mechanisms and three state mechanisms.
Oregon Automobile Insurance Plan
The Automobile Insurance Plan of Oregon offers automobile insurance coverage to qualified individuals who need it but can't get it on the open market. Risks associated with the Plan are shared among auto insurers in Oregon.
Oregon is among the states that are a member of the Western Association of Automobile Insurance Plans (WAAIP). WAAIP is a processing center that connects consumers who have difficulty purchasing auto insurance with insurers willing to insure them.
Monday–Friday, 8 a.m.–4:30 p.m. PT
Western Association of Automobile Insurance Plans, P.O. Box 6530, Providence, RI 02940-6530
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Frequently Asked Questions
It can be difficult to obtain insurance if you are a high-risk driver. MoneyGeek provided answers to some frequently asked questions regarding high-risk auto insurance in Oregon to streamline the process for you.
MoneyGeek calculated average rates using full coverage car insurance policies with 100/300/100 liability insurance and comprehensive and collision coverage with a $1,000 deductible. Minimum coverage car insurance policy rates were calculated based on each state’s minimum car insurance requirement.
To calculate rates for high-risk drivers, MoneyGeek averaged the premiums insurance companies charge for three of the most common driving violations: speeding, at-fault accident and DUI.
To determine the best car insurance company for high-risk drivers, MoneyGeek scored companies based on affordability, customer satisfaction and complaints — obtained from J.D. Power surveys and NAIC complaint scores — and financial strength ratings as calculated by AM Best. Affordability received the greatest weighting in our calculations.
About Mark Fitzpatrick
- Foundation for Advancing Alcohol Responsibility. "National Drunk Driving Statistics Map - Responsibility.org." Accessed September 15, 2022.
- AIPSO. "AIPSO’s Value to the Insurance Industry." Accessed November 18, 2023.