Car insurance rates depend on several factors, including age, driving history and credit score of the driver; but Oregon residents also must take into account cost of living, crime rates and claim frequencies when shopping for their policy. MoneyGeek conducted research to help drivers compare rates by weighing all these aspects together – and provided a list of companies offering cheap car insurance policies across Oregon that met this criteria.
To select the most cost-effective providers, we compared annual full coverage premiums for drivers aged 35 with excellent credit and no driving violations across each region. In addition, we considered any additional policies drivers may have and the costs associated with adding teenage drivers or DUI convictions to their record.
Drivers with clean records typically enjoy the lowest Oregon car insurance rates overall, though prices can spike when they have an incident such as DUI or traffic violations on their record. A DUI conviction alone will increase rates by an estimated average of $2,012 each year in full coverage in Oregon; it may still be possible to find affordable coverage in this state for high-risk drivers though it requires more effort and often carries higher premiums.
Based on their driving record, drivers may qualify for discounted rates at State Farm, Geico and Country Financial. USAA doesn’t provide coverage to the general public but offers discounted rates to active military and veteran drivers; therefore ranking among Oregon’s cheapest options. Oregon residents can save even further by opting only for minimum coverage as required by their state; this minimum coverage includes $25,000 of bodily injury liability per person coverage as well as $50,000 property damage liability and uninsured/underinsured motorist insurance policies.
Oregon drivers paying minimum coverage on an auto policy average an annual premium of $905 – slightly less than the national average of $1,415, yet still expensive for many drivers. Drivers can reduce costs by shopping around and comparing quotes from multiple providers; as well as making adjustments to coverage levels or other aspects as necessary.
Car accidents are unfortunately an unfortunate part of life on the road, yet their impacts vary depending on where they happen. A collision in Bend may result in more injuries than one occurring elsewhere. Insurance providers take this factor into account when setting rates;
Your city and ZIP code of residence can have a big impact on your car insurance rates, such as high crime rates or more frequent claims in certain areas than others. MoneyGeek made it easier for people in Oregon to compare prices by ranking the top five cheap car insurers by city/zip code below; also listed are driver profiles with their cheapest options and personalized quotes below! To view personalized rates quickly and easily fill out some questions below to receive a personalized free quote today.