Drivers in Oregon understand how important it is to keep their car insured. Whether you’re traveling through scenic countryside or taking in the vibrant cities that line its borders, having reliable coverage in case of an accident is paramount.
To guarantee you’re adequately covered, shop around for the lowest Oregon auto insurance rates available. The Oregon Car Insurance Calculator is an easy-to-use tool that lets you quickly compare rates from multiple companies within minutes. Plus, it provides valuable information on discounts that could lower your premiums.
Rates Are Determined By Your Driving History
Drivers with a clean driving record tend to pay lower premiums for car insurance than those with poor records, as insurance providers view those individuals as safer risks and charge them less money than those whose records include speeding tickets, accidents and DUIs.
Minimum Coverage in Oregon
Oregon law requires all motorists to carry a minimum level of insurance coverage. This may be either liability-only coverage which covers damages caused by other drivers, or comprehensive and collision coverage which includes damage caused to your own vehicle.
Liability-only insurance is the most budget-friendly option and a great choice for new drivers or those with cheaper cars. In Oregon, the minimum coverage required per person and $50,000 per accident is $25,000.
Although this coverage may be sufficient to cover minor car accidents, it won’t cover the expenses associated with a severe one. Full-coverage policies tend to be more expensive than liability-only policies but provide better protection in case of an accident.
Discounts Are Available
Insurance companies provide discounts for various reasons. Some of the more common benefits include:
Safe Driver Discount
Many insurance companies provide discounts to drivers with a clean driving record, such as no traffic violations or DUIs. This discount could save you up to 20% on your premiums.
Credit Score Discount
A high credit score can result in lower car insurance premiums. Conversely, a poor score could cause your rates to go up, so it’s worth checking your score before buying a policy.
Model of Car
Your vehicle model plays a significant role in determining the cost of car insurance. Luxury cars tend to be more costly to repair, making them costlier to insure as well. On the contrary, SUVs tend to have cheaper insurance premiums than other types of vehicles.
Other elements that affect your car insurance premiums are the vehicle’s safety features and its age. Insured vehicles that are older may prove more costly to insure due to increased need for repair or replacement.
Students may qualify for discounts that could reduce your car insurance costs. Some insurers even give discounts to students who take safe driving courses or maintain good grades.