Cheapest Car Insurance in Oregon for 2026

Progressive is the best and cheapest insurance car company for Oregon drivers who want full coverage ($89 a month) and after a DUII violation ($107 a month). State Farm is the least expensive for minimum coverage in Oregon and $43 per month, but it's also cheapest after a speeding ticket ($107 a month). COUNTRY Financial, a smaller insurer operating in 19 states, is cheapest for Oregon teens ($114–154 a month), young adults ($88 a month) and seniors ($69 a month) and drivers with bad credit ($128 a month).  

The most expensive full coverage carriers out of the cheapest companies in Oregon are only $12 per month more than the cheapest company; so in this state, adjusting your coverage level has more impact than switching carriers. Comparing quotes should still be your first step toward lowering costs before dropping coverage.  

If you want the best value in addition to cost, MoneyGeek's best car insurance in Oregon ranks carriers by price and quality combined.

Cheapest Minimum Coverage in Oregon

State Farm is Oregon's cheapest minimum coverage insurer at $43 a month, $3 less than GEICO with an annual difference of $36. State Farm also ranks slightly better than GEICO in Oregon, so drivers who want minimum coverage will get better quality at a lower price. Drivers staying on minimum coverage should quote State Farm first.

Cheapest Full Coverage in Oregon

Progressive is cheapest for full coverage at $89 a month, $1 less than Travelers at $90. Oregon's five cheapest full coverage companies range within $12 of each other, but the difference between the cheapest minimum coverage and full coverage companies is nearly four times more ($46 per month). For adults with a clean record in Oregon, coverage level influences price more than carrier choice. Although dropping coverage can save you money each month, being underinsured could leave you vulnerable to paying hundreds or thousands out of pocket.

How to Choose Between Minimum and Full Coverage in Oregon

Oregon's minimum coverage includes 25/50/20 liability limits, mandatory personal injury protection (PIP) ($15,000 per person) and uninsured/underinsured motorist (UM/UIM) coverage at 25/50, so even the bare minimum provides first-party medical coverage and uninsured motorist protection. What minimum coverage does not include is collision and comprehensive that pays for damages to your own vehicle from an accident or weather event. 

The cheapest full coverage costs $552 a year more than minimum coverage in Oregon. As a general rule, you should drop full coverage when the cost of an annual policy is 10% or more than the actual cash value of your vehicle. One exception is if you lease or finance your car; full coverage is required in these cases. Use the Oregon car insurance calculator to run your specific vehicle value and see how much car insurance you need.

COUNTRY Financial is cheapest in Oregon for both male and female drivers from ages 16 through 25 years old, ranging $154 a month to $54 a month. It costs more to add a teen male driver to a family policy than a female driver, roughly $30 difference at each age until it starts to taper off at 25. Although these rates drop steadily year after year for young drivers, ages 19 and 25 see increases — so switching companies at 19 and 25 may not be the best financial move.

If you're worried about a company's ability to handle claims with a teen on your policy, try quoting GEICO and Progressive; both insurers may be slightly more expensive for teens in Oregon, but their service quality is rated higher.

COUNTRY Financial is the cheapest for Oregon senior drivers at $69 a month, $20 less than the cheapest adult full coverage rate. Seniors who value customer service may consider paying $21 a month more for the second-cheapest company, GEICO. In Oregon, GEICO offers defensive driving discounts to seniors, as well as telematics incentives to save money.

State Farm is the cheapest insurer in 13 Oregon cities, but GEICO has the lowest rates for every city in the Portland metro corridor (Portland $52 a month; Hillsboro $63 a month; Gresham $75 a month; Tigard $45 a month; West Linn $42 a month), Eugene ($39 a month) and Salem, the state's capital, at $51 a month. The full spread across Oregon cities is $43 a month, from Corvallis at $32 to Gresham at $75, with different cheapest carriers at each end.

Before dropping comprehensive coverage in the Portland area, note that vehicle theft rates are higher in the metro corridor than in inland Oregon. That price-plus-risk combination makes dropping comprehensive coverage harder to justify in Portland than in Bend.

State Farm is the cheapest company in Oregon after getting a ticket for speeding or texting while driving, both priced at $107 a month. After a DUII (driving under the influence of intoxicants) conviction in Oregon, the cheapest car insurance comes from Progressive, charging $107 a month; Progressive will also file an SR-22 for you. After an at-fault accident in Oregon, Travelers is the cheapest at $118 a month. Quote State Farm, Progressive and Travelers right after your violation if your current insurer drops you, as soon as your license is revoked, or a month before your renewal window if your current insurer keeps you, whichever situation applies to you.   

If your license is revoked as a result of your driving violation in Oregon or you have a DUII conviction, you'll have to file an SR-22 and keep it for three years. An SR-22 is a certificate of financial responsibility that tells the state of Oregon that you carry at least the minimum coverage insurance. Re-shop companies after three years to find which ones will give you rates closest to a clean-record driver. Some insurers won't drop the violation surcharge until year five.

Drivers with poor credit should quote COUNTRY Financial first, as it's the cheapest at $128 a month. In Oregon, having bad credit can lead to more expensive premiums than a DUII or at-fault accident. Working to improve your credit score should be your number one action to save money on car insurance.