Why Compare Car Insurance Rates in Oregon:
Traveling on Oregon's scenic highways and byways entails certain dangers. Drivers must protect their investments, and so they should carry a certain minimum amount of auto insurance in Oregon. Auto insurance is required in Oregon for all licensed drivers who own a registered vehicle in the state. Oregon drivers can find cheap car insurance by choosing an insurer that provides low-cost plans.
There are 122,395 miles of road in the Beaver State, only waiting to be powered. We'll get you ready before you can take the wheel by introducing you to the best car insurance companies in Oregon. Before you reach the lane, you must have sufficient coverage. Finding the best auto insurance in Oregon for your unique needs takes some time and effort, but it is well worth it for the financial security it provides.
Every driver in Oregon must carry four types of auto insurance: bodily injury liability, property damage liability, personal injury protection, and uninsured motorist coverage. The following are the minimum coverage levels:
|Required coverage||Level of coverage required|
|Bodily injury liability||$25000 per person|
|Property damage liability||$25000|
|Personal injury protection||$15000 per person|
|Uninsured motorist coverage||$25000 per person|
The insurance business does not have a standardized rate structure. Some insurance businesses charge higher prices than the industry average, while others charge lower rates. If you're looking for low-cost auto insurance in Oregon, we recommend comparing many quotes to determine which company is the most cost-effective for you.
The average annual cost of car insurance from some of Oregon's best car insurance companies is shown in the table below:
|Car Insurance Company||AVERAGE ANNUAL RATE|
|American Family Insurance||$645|
To protect your finances, it is always a good idea to purchase auto insurance that provides more coverage than the bare minimum. Although the premiums may be higher, you will save a lot of time, energy, and money in the long term. In most states, car insurance is no longer optional.
Compared to several other US states, Oregon's car insurance regulations are average. However, just because you have the minimum amount of car insurance does not imply you are adequately covered.
When looking at the minimal responsibility standards, $25,000 for injuries to someone you injure in an accident may seem like a lot. Still, it may add up rapidly, especially if the injuries are significant. A similar issue arises with the $50,000 total for all wounded parties, as several injuries might quickly deplete that amount. Furthermore, $20,000 in property damage coverage is a drop in the bucket compared to the cost of a new car in the United States.
Fortunately, these limits may usually be extended for a modest increase in your premium. Keeping your liability limits as high as you can afford is a good idea, especially if you have a lot of money to protect.
Not sure where to start?
Finding cheap insurance in Oregon is relatively easy. Drivers should be mindful, however, that not all car insurance firms are produced equal. These are Oregon's most substantial low-cost auto insurance companies, as well as their overall annual minimum coverage and maximum coverage premiums.
Before you finalize any of these car insurance rates it is important to go through various car insurance quotes in Oregon.
The team at Way.com conducted research to find the best car insurance in Oregon. We rated the following insurance companies in Oregon based on customer satisfaction and financial stability. These are the top-rated and cheapest car insurance providers in Oregon for 2021.
State Farm has the best full-coverage insurance rates in Oregon, at $789 per year or $66 per month. This is 52% less expensive than the state average.
|Car Insurance Company||AVERAGE ANNUAL RATE|
|American Family Insurance||$930|
|Capital Insurance Group||$1230|
We recommend starting your search for affordable minimum-coverage auto insurance with Country Financial if you're a young driver. The company's average annual premium of $2077 is 59% less than Oregon's average rate for young drivers.
Young drivers are statistically more likely to be involved in accidents than drivers in their 30s and 40s, inexperienced drivers generally pay higher insurance prices. In Oregon, a minimum-coverage policy for an 18-year-old driver will cost three times as much as one for a 30-year-old.
|17-YEAR-OLD FEMALE||17-YEAR-OLD MALE|
|American Family Insurance||$3,709||$3,819|
For drivers who have received a speeding citation in Oregon, Progressive offers the most affordable rates. The company's average yearly premium for a full-coverage policy is $1088, an increase of $88 over a driver with a clean driving record and 58% less than the state average.
A single speeding ticket in Oregon can raise your insurance rates by up to 27% on average. For drivers with a history of accidents, State Farm offers the cheapest full-coverage premiums. The average annual rate for Oregon drivers who cause an accident is $1552.
|Car Insurance Company||AVERAGE ANNUAL RATE|
|American Family Insurance||$1,100|
For drivers with a history of accidents, American Family Insurance offers the cheapest full-coverage premiums. The average annual rate for Oregon drivers who cause an accident is $1695, but Nationwide's rates are 25 percent lower, at $1265. After an at-fault collision, the average annual premium for a full-coverage policy will always rise.
|Car Insurance Company||AVERAGE ANNUAL RATE|
|American Family Insurance||$1,146|
|Capital Insurance Group||$1,579|
Nationwide has the most affordable rates for Oregon DUI drivers at $1,078 per year. American Family Insurance and Farmers Insurance are two more low-cost firms, with premiums below the state average of $1744 per year after a DUI.
|Car Insurance Company||AVERAGE ANNUAL RATE|
|American Family Insurance||$1,102|
|Capital Insurance Group||$1,750|
In Oregon, married drivers pay less for car insurance than single drivers – approximately 5% less on average. In Oregon, State Farm did not offer a discount to married drivers, but it still had the cheapest rate for full coverage car insurance, at $893 per year. Progressive drivers got the highest discount, with over 15% off – $284 off the average full-coverage rate at Progressive.
For young drivers who have been in a collision, Country Financial has the best minimum-coverage rates. The average yearly premium is $1959, 52% less than the Oregon average. After an 18-year-old driver is involved in an at-fault collision, the average annual rate increases by 33%, from $3078 to $4092.
Portland's car insurance is among the most costly in the state of Oregon. However, if you live in Stumptown, you can always find low-cost car insurance by comparing various car insurance quotes.
Progressive issued the most affordable car insurance rates in Portland. While the Portland city average for a driver was $1563 per year, Progressive was $642 less expensive, at $930 per year.
Due to crime rate, weather risks, accident rate, and the number of uninsured drivers in the city, Oregon car insurance costs vary by city and ZIP code. Here's a look at the average full-coverage car insurance rates in Oregon's 20 most populous cities, as well as how they compare to the state average.
|Black Butte Ranch||$1,757|
|Deschutes River Woods||$1,589|
|Mount Hood Parkdale||$1,685|
|New Pine Creek||$1,673|
Cheap auto insurance in Oregon with bad credit
|Company||Avg. Annual Premium|
Oregon auto insurance rate by violation
|Accident/Violation||Avg. Annual Premium||% Rate Increase||$ Rate Increase|
|One Med/PIP claim||$1,521||1%||$30|
|One comp claim||$1,609||7%||$100|
|Two Med/PIP claims||$1,629||8%||$121|
|Failure to wear a seat belt||$1,730||15%||$221|
|Child safety restraint||$1,781||18%||$273|
|Two comp claims||$1,790||19%||$281|
|Driving without lights||$1,781||19%||$283|
|Failure to show documents||$1,813||21%||$305|
|Driving with expired registration||$1,857||23%||$348|
|Speeding 6 - 10 MPH over limit||$1,915||27%||$406|
|Speeding 16 - 20 MPH over limit||$1,915||27%||$407|
|Speeding 11 - 15 MPH over limit||$1,915||27%||$407|
|Driving too slowly||$1,920||28%||$411|
|Wrong way/wrong lane||$1,931||28%||$422|
|Failure to stop at a red light||$1,932||28%||$424|
|Following too closely||$1,933||28%||$424|
|Failure to yield||$1,933||28%||$424|
|Texting while driving||$1,934||29%||$435|
|Cell phone violation||$1,935||29%||$426|
|Passing school bus||$2,007||31%||$498|
|Speeding in school zone||$2,096||39%||$587|
|Speeding 21 - 25 MPH over limit||$2,137||42%||$628|
|In 65 MPH zone||$2,161||44%||$652|
|At-fault accident - less than $1000||$2,181||45%||$672|
|Operating a vehicle without permission||$2,227||48%||$718|
|At-fault accident - $1000-$2000||$2,319||54%||$811|
|At-fault accident - greater than $2000||$2,329||55%||$820|
|Refusal to submit to a chemical test||$2,622||74%||$1,113|
|Driving with a suspended license||$2,697||79%||$1,189|
|Leaving scene of an accident/hit and run||$2,780||85%||$1,292|
Car insurance price trends in Oregon
|Year||Avg. Annual Premium — Oregon||Yearly Change — Oregon||Avg. Annual Premium — US||Yearly Change — US|
Although car insurance rates in Oregon are not excessively high, there are ways to save money and get a cheaper premium. Here are some ideas for finding low-cost and best car insurance:
The cost of car insurance is heavily influenced by where you live. Other factors affecting your premium include your age, where you live, your driving record, and which insurance provider you choose. Drivers in Oregon pay much less for full coverage automobile insurance than drivers in the rest of the country.
While almost every state requires drivers to get auto insurance, each state has its unique set of requirements, and Oregon is no different. These are just a few of the local vehicle insurance laws to be aware of.
In some areas, regardless of who was at fault for an accident, drivers use their own policy's injury protection coverage for medical bills and other expenditures. The fault-based approach used in Oregon and many other states means that the driver who caused the accident (or their insurance company) is liable for absorbing these costs.
Car insurance companies in Oregon have the right to cancel an Oregon driver's policy at any moment for various reasons. Car insurance companies are only required to give ten days' notice before cancelling a policy owing to non-payment under the legislation. However, insurance may be cancelled for various reasons, including a poor driving record, a history of claims, or even weak credit.
In these circumstances, insurance firms must provide at least 30 days' notice—along with an explanation—before cancelling coverage.
Oregon is a decreased value state, meaning drivers can sue the at-fault party's insurance provider for diminished value. Even if your car is repaired to its pre-loss state after an accident, its resale value diminishes.
Your car's value is reduced due to its involvement in a collision compared to similar automobiles that have not been in an accident. A claim for diminished value helps you reclaim any damages you may have incurred when selling your car.
You can file by contacting the at-fault party's insurer because Oregon is one of 15 states that provides reimbursement for diminished value.
Certain elements must be completed to file a decreased value claim in Oregon:
To comply with the law, you must insure, title, and register your car within 30 days of moving to Oregon. Way.com provides coverage that complies with all Oregon insurance rules, and our experts can shop around for the best rates on your behalf with many companies.
We can also assist you in finding the greatest deals if you're seeking more economical coverage. Please get in contact with us today to get a free quote!
In Oregon, you can get car insurance discounts based on how you drive, the car you own, and your insurance company's relationship with you. Car insurance providers in Oregon can use characteristics such as job, residence, and marital status when determining premiums.
|Discount||How It Works|
|Good Driver||Drivers with a clean record and no claims history save on insurance.|
|Driver Education||Insurance companies are required by state law to provide a discount to older drivers who complete an approved defensive driving course. Drivers must be 50 years of age or older to qualify.|
|Continuously Insured||Drivers who have been insured for 6 months or more save on insurance.|
|Billing and Payments||If you pay for your policy in full, set up automatic payments, pay online, or go paperless, you can save.|
|Policy Bundling||Insure multiple vehicles or get different policy types (like home and auto) from the same company can earn a discount.|
|Good Student||Young drivers with a “B” average or higher are eligible for discounts.|
|Usage-Based||Some insurance companies offer discounts for drivers who are willing to have their driving habits monitored by an electronic device attached to your car and/or their smartphone.|
|Safety Features||Cars featuring multiple airbags, anti-lock brakes, daytime running lights, and other safety add-ons can save on car insurance.|
|Anti-Theft Systems||Car alarms, LoJack, steering wheel locks, or other anti-theft features can make comprehensive coverage more affordable.|
Like most other states in the United States, Oregon requires drivers to have a specific amount of auto insurance coverage. When driving, proof of insurance must be carried at all times and given to any law enforcement official who wants it.
Following Oregon's insurance laws is not only a legal obligation but is also a wise financial decision. It has the potential to safeguard you and your assets while also providing you with more peace of mind. If you're concerned about the different prices of more coverage, it's time to shop around.
Way.com can assist you in obtaining quotes from a variety of leading insurance companies, allowing you to compare coverage options and rates to choose the best vehicle policy for your needs.
Each driver in Oregon is responsible for their medical bills and those of their passengers following an accident, up to the limits of their Personal Injury Protection (PIP) coverage. PIP coverage pays for medical expenses incurred by you and your passengers in the event of an accident, regardless of fault. In the event of high medical bills, significant injury, or death as a result of an auto accident, drivers might still profit from the at-fault party's liability.
In Oregon, the minimum amount of PIP coverage is $15,000.
If you are pulled over and do not have proof of insurance, you WILL face serious consequences. A current insurance card, a copy of your policy, an official letter from your insurance carrier, or a DMV certificate of self-insurance are all acceptable forms of proof of coverage.
It's simply not worth it to drive without proof of insurance, as the consequences can vary from penalties to license suspension. The DMV may contact you at any time to check your information at its discretion. Your license may be suspended if you don't have it or supply inaccurate information.
The auto insurance rates published in this guide are based on the results of research completed by Way.com’s data team. Using a mix of public and internal data, we analyzed millions of rate averages across U.S. ZIP codes.
Quotes are typically based on a full coverage policy average unless otherwise noted within the content.
These rates were publicly sourced from insurer filings and should be used for comparative purposes only — your own quotes will differ. Given this, it’s important to go through our insurance steps form to find how much you can save with way.com
State Farm offers the cheapest minimum insurance coverage in Oregon for $520 a year, or $43 per month.
Car insurance in Oregon is costly because the state's minimum insurance provisions, including personal injury compensation and uninsured motorist coverage, are higher than most. In Oregon, full coverage auto insurance will cost about $1325 per year, while minimum coverage will cost around $639 per year.
The average cost of auto insurance in Oregon is $1377 a year, which is 3.5 percent less than the national average.
Any driver in Oregon is required by law to have at least the following minimum car insurance coverages:Injury to the body: $25000 per person and $50000 per accident. Property loss is valued at $20000 per accident. Personal injury coverage is $15000 per person.
The average cost of auto insurance in Oregon is $114.75 a month, which is 3.5 percent less than the national average.
Driving without insurance is illegal in the state of Oregon. Any registered driver is required by law to have vehicle liability insurance while they are on the road. Failure to do so would result in financial penalties as well as the loss of driving privileges.
Car insurance in Oregon follows the car. If you have purchased an auto policy from an independent or exclusive agent or a direct writer firm, and it bears your name at the top. On the other hand, auto insurance is just for the vehicles specified on the policy, not any car you drive.
The full coverage insurance in Oregon is generally characterized as a policy that offers more than the state's minimum liability coverage of $25000 per person, up to $50000 per accident, and $20000 in property damage coverage.
You must provide evidence of insurance to register your vehicle in Oregon. You must also carry proof of insurance document in your car if you are pulled over or involved in an accident.
The average annual auto insurance premium in Washington is $8 less than the average premium in Oregon. Your coverage selection, insurance background, and car insurance provider of choice will determine the exact cost.
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