The Oregon Car Insurance Calculator assists drivers in calculating what coverage they require and its associated cost. It considers multiple factors, including age, credit score, driving history and marital status of insured driver to provide estimates that reflect these characteristics and highlight any discounts the driver may qualify for. Car insurance is mandatory in Oregon; although costly, it provides financial security should an accident or damage occur that would otherwise leave them vulnerable financially.

Oregon drivers typically pay an annual average full coverage policy rate of $1,2444 — that’s nearly $88 more per month than their national counterparts. Oregon requires at least minimum liability coverage of $736; most will need more coverage to protect themselves in an accident situation.

Insurance companies calculate rates according to various factors and each driver’s situation is unique. Speeding tickets could increase premiums by hundreds of dollars while DUI conviction may render them uninsurable; those with clean records often find cheaper options by shopping around and comparing quotes.

Safeco, State Farm, and Progressive are among the most highly recommended insurers in Oregon, boasting excellent customer satisfaction ratings in recent years with competitive rates and offering coverage options from minimum liability to comprehensive policies with low deductibles.

Oregon drivers have the option to add on additional coverage such as uninsured/underinsured motorist and personal injury protection to help cover medical expenses and lost wages should an accident be caused by someone with little or no coverage; however, this will significantly raise their rates.

Insurance premiums differ across the country, depending on factors like risk. Therefore, someone in Bend could have very different premiums than someone living in Salem even with similar driving histories and coverage plans.

Age is often the greatest influencer on car insurance rates. Younger drivers, particularly teenage ones, typically incur the highest premiums as they’re more prone to accidents; middle-aged drivers usually find access to cheaper policies.

Though having sufficient coverage is of vital importance, it’s also crucial that one secures the lowest rates possible. A number of strategies exist for doing this such as improving one’s credit score or paying your premium in full each year.