Cheapest Car Insurance Quotes in Lake Oswego

Finding the cheapest car insurance quotes in Lake Oswego shouldn't be a guessing game. That's why our licensed insurance experts do the heavy lifting for you, analyzing rates from dozens of top companies to find you the best deal.
We believe in making things clear and simple. Our experts compare coverage options and find every possible discount, so you can see your best options side-by-side. It’s fast, free, and designed to save you a ton.

Enter your zip code to get personalized rates.

Featured in

406,175 Policies Sold

Lake Oswego Car Insurance

^$ 50

/mo

Written by Sara Sam

Edited by Renee Martin

Why you can trust Way?

The auto insurance rates published in this guide are based on the results of research completed by Way’s data team. Using a mix of public and internal data, we analyzed millions of rate averages across U.S. ZIP codes. 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.

Table of Contents

How Much Is Car Insurance in Lake Oswego

The car insurance rate in Lake Oswego is $1109 for a six-month policy, which is $229 higher than the higher than the state average. Root Insurance Company offers the lowest rates in the city at $486, making it a popular choice for budget-conscious drivers. Rates in Lake Oswego can vary depending on your age, driving record, and coverage level, so not every driver will pay the same amount. Choosing a higher deductible, maintaining a clean driving history, and comparing quotes from multiple insurers can help you find better deals and save money over time.

Avg. Car Insurance in Lake Oswego

$1109

Avg. Car Insurance in Oregon

$880

National Average

$1278

Cheapest Car Insurance Companies in Lake Oswego

1st place: Kemper

At $486 for a six month policy, Kemper offers the cheapest auto insurance rates in the city.

2nd place: Capital Insurance Group

Capital Insurance Group offers auto insurance rates at $771 for a six-month policy, making it one of the cheapest to insure with.

3rd place: American Family

American Family offers auto insurance rates at $853 for six months, making it the third cheapest auto insurance company in Lake Oswego.

Lake Oswego Car Insurance Rates by Company

Based on our research, the cheapest car insurance company in Lake Oswego, OR is Kemper, offering policies at just $486 for a six-month term. This is followed by Capital Insurance Group, which has an average six-month premium of $771.

At the higher end of the spectrum, Allstate is the most expensive, with rates reaching $2111 for a six-month policy. Rates can vary widely by driver, but comparing quotes from multiple companies can help Lake Oswego drivers find the best deals.

Cheap Car Insurance Companies in Lake Oswego, OR

Company	Avg. 6 Mo. Premium	Avg. Monthly Premium
Kemper	$486	$83
Capital Insurance Group	$771	$129
American Family	$853	$144
Travelers	$958	$161
Progressive	$980	$165
Encompass	$1018	$170
USAA	$1048	$176
Nationwide	$1056	$178
State Farm	$1062	$179
Country Financial	$1085	$183
Mutual of Enumclaw	$1400	$238
Farmers	$1601	$270
Allstate	$2111	$355

Key Takeaways

Way's key takeaways about car insurance in Lake Oswego

The auto insurance costs in Lake Oswego fall around $486 for six months.
The cheapest auto insurance company in Lake Oswego is Kemper.
Teen drivers pay the highest rate in Lake Oswego at $1273 per month.

High Rates Shouldn’t Drive You Out of Pocket.

Save up to $971/yr with our auto insurance quotes

Cheapest Minimum Liability Car Insurance in Lake Oswego

Since car insurance is a critical requirement for owning a car, you must have minimum liability car insurance. The cheapest car insurance companies for minimum coverage in Lake Oswego are given below.

Kemper provides the cheapest minimum car insurance coverage in Lake Oswego. Their Average 6 Month Premium is $300. Allstate is the most expensive at $1115 for the same period.

Cheapest Liability Coverage in Lake Oswego, OR

Company	Avg. 6 Mo. Premium	Avg. Monthly Premium
Kemper	$300	$50
Capital Insurance Group	$397	$68
State Farm	$427	$72
USAA	$427	$72
American Family	$449	$76
Travelers	$449	$76
Progressive	$456	$77
Country Financial	$532	$89
California Casualty	$568	$95
Nationwide	$599	$101
Farmers	$830	$140
Allstate	$1115	$188

Cheapest Full Coverage Car Insurance in Lake Oswego

One might think that minimum coverage is only required when insuring your car insurance. However, having full coverage car insurance in any city is certainly a wise choice as it offers better coverage and protection. Our best pick for the cheapest auto insurance quotes in Lake Oswego is Kemper at $83 per month and $486 for six months.

Cheapest Full Coverage Car Insurance Quotes in Lake Oswego, OR

Company	Avg. 6 Mo. Premium	Avg. Monthly Premium
Kemper	$486	$83
Capital Insurance Group	$771	$129
American Family	$853	$144
Travelers	$958	$161
Progressive	$980	$165
Encompass	$1018	$170
USAA	$1048	$176
Nationwide	$1056	$178
State Farm	$1062	$179
Country Financial	$1085	$183
Mutual of Enumclaw	$1400	$238
Farmers	$1601	$270
Allstate	$2111	$355

Don't Let Hidden Costs Drive You Crazy

Get Your Car Insurance Quote in Lake Oswego Instantly!

Average Car Insurance in Lake Oswego by Rating Factor

The car insurance rates for two people under the same ZIP code will mostly be different. This is mostly because insurance rates are calculated based on several rating factors. These rating factors include the driver's age, gender, marital status, driving and claims history, credit score, location, type of vehicle, and coverage levels.

I have a clean driving record. Why is my car insurance rate here in Lake Oswego, OR increasing?

Despite maintaining a clean driving record, your car insurance rates in Lake Oswego, Oregon, may be increasing due to several external factors. Oregon has experienced significant rate hikes recently, with average premiums rising by 25.5% in 2023, largely attributed to higher claims volumes and inflation.

Additionally, Lake Oswego's high urban population density, raised auto theft rates, and frequent natural disasters contribute to increased insurance costs.

Car Insurance Premiums by Age in Lake Oswego

It is quite evident why teen drivers pay the highest car insurance rates in any city. Their lack of experience and increased accident rates make them a highly risky category. However, as you grow older, your car insurance rates will decrease. So, it is better to not have separate policies for teens; instead, add them to their parents' policies.

Cheapest Car Insurance Companies Based on Age Group

Age Group	Cheapest Companies	Avg. 6 Mo. Premium
20s	USAA	$723
30s	USAA	$590
40s	USAA	$547
50s	USAA	$525
60s	USAA	$547
70s	USAA	$665

Cheapest Car Insurance Rates for Teen Drivers in Lake Oswego,OR

If you are planning to get a car insurance policy for your teenage dependent, Kemper provides the cheapest car insurance in the Lake Oswego at $47 per month. At $7559 for a six-month premium, Farmers offers the most expensive rate for teen drivers.

Company	Avg. 6 Mo. Premium	Avg. Monthly Premium
Kemper	$277	$47
Capital Insurance Group	$471	$78
Country Financial	$1557	$262
USAA	$1654	$278
Travelers	$1677	$282
State Farm	$1983	$334
American Family	$2447	$412
Progressive	$2559	$431
Nationwide	$4888	$832
Allstate	$7559	$1273
Farmers	$7559	$1273

Teen Car Insurance Rates in OR by Age

Way Tip

If you are in your twenties USAA is the best choice for car insurance in Lake Oswego.

As young drivers face the highest rates in Lake Oswego, USAA offers the cheapest auto insurance rates at $723 for six months.

Car Insurance Rates by Credit Score & Driving History

Similar to your driving history, your financial history also plays a key role in determining your auto insurance rates. A low credit score would mean a lapse in payment and increased chances of filing claims, which results in higher auto insurance rates. Therefore, the higher the credit score, the lower the car insurance rates will be.

Cheapest Car Insurance Companies for Bad Credit

For those with poor credit scores in Lake Oswego, Kemper is the cheapest car insurance provider. At $501 for a six-month premium, they offer the best rates in the city. The most expensive auto insurance rate for drivers with bad credit in Lake Oswego is State Farm, offering rates of around $5104 for six months.

Company	Avg. 6 Mo. Premium	Avg. Monthly Premium
Kemper	$501	$83
Capital Insurance Group	$583	$100
Nationwide	$726	$121
Progressive	$1077	$181
American Family	$1310	$221
Country Financial	$1436	$242
Travelers	$1512	$255
USAA	$1886	$321
Allstate	$3839	$640
Farmers	$4079	$693
State Farm	$5104	$851

Escape the Trap of Rising Insurance Costs.

Save up to $971/yr on car insurance rates in Lake Oswego.

Car Insurance Rates with An Accident in Lake Oswego

Both accidents and the resulting increase in insurance rates are often beyond our control. When you’re involved in an accident, you become riskier to insure, consequently increasing the rates. In Lake Oswego, OR, accidents can lead to significant hikes in your premiums.

Cheapest Car Insurance Companies after an At-Fault Accident in Lake Oswego

The cheapest car insurance companies after an at-fault accident in Lake Oswego include Kemper and Capital Insurance Group, offering $397 and $471, respectively. Allstate is an expensive provider with an average six-month premium of $3338.

Company	Avg. 6 Mo. Premium	Avg. Monthly Premium
Kemper	$397	$66
Capital Insurance Group	$471	$81
Capital	$532	$88
Encompass	$591	$101
State Farm	$809	$136
Travelers	$898	$151
USAA	$950	$160
Progressive	$1062	$179
American Family	$1197	$202
Nationwide	$1197	$202
Country Financial	$1257	$212
Farmers	$2747	$462
Allstate	$3338	$562

Lake Oswego Car Insurance Rates by Violation

Here is a list of driving violations that can increase your car insurance rates in Lake Oswego OR. For example, the car insurance in Lake Oswego after a DUI increases to $785 for a six month policy. While the rate increases by $283 for a six-month policy in the case of a speeding ticket.

Lake Oswego auto insurance quotes by violations

Accident/Violation	Avg. 6 Mo Premium	Avg. Monthly Premium
None	$1056	$176
One Med/PIP claim	$1056	$179
Not-at-fault accident	$1092	$183
One comp claim	$1115	$189
Two Med/PIP claims	$1130	$188
Failure to wear a seat belt	$1205	$205
Two comp claims	$1235	$205
Child safety restraint	$1250	$213
Failure to show documents	$1250	$208
Driving without lights	$1257	$214
Driving with expired registration	$1288	$214
Speeding 11 - 15 MPH over limit	$1339	$228
Speeding 16 - 20 MPH over limit	$1339	$223
Speeding 6 - 10 MPH over limit	$1339	$228
Cell phone violation	$1347	$224
Driving too slowly	$1347	$229
Failure to yield	$1347	$224
Following too closely	$1347	$229
Illegal turn	$1347	$224
Texting while driving	$1347	$229
Wrong way/wrong lane	$1347	$224
Failure to stop at a red light	$1355	$231
Improper passing	$1355	$226
Passing school bus	$1407	$239
Speeding in school zone	$1407	$234
In 65 MPH zone	$1430	$243
Speeding 21 - 25 MPH over limit	$1436	$239
Open container	$1482	$252
At-fault accident - less than $1000	$1520	$253
Operating a vehicle without permission	$1527	$260
At-fault accident - $1000-$2000	$1617	$270
At-fault accident - greater than $2000	$1617	$275
Refusal to submit to a chemical test	$1811	$302
Racing	$1818	$309
DUI	$1841	$307
Reckless driving	$1848	$314
Driving with a suspended license	$1864	$311
Leaving scene of an accident/hit and run	$1924	$328

Your Wallet Deserves Better. Seriously.

Get smarter car insurance rates in minutes today!

Way Tip

Avoid Having A DUI On Your Driving Record.

A DUI can increase your car insurance rates—by $5,000 to $10,000 over five years. Speeding, reckless driving, and at-fault accidents also raise rates, staying on your record for 3–5 years, while DUIs/DWIs can impact you longer.

Car Insurance Rates in Lake Oswego after a DUI

There may have been times when you drank but chose not to drive—a smart and responsible decision, as most states treat DUIs as a serious offense. Your car insurance rates can double after a DUI charge, making it harder to find affordable coverage in Lake Oswego.

The cheapest car insurance premiums in Lake Oswego are offered by Capital Insurance Group at $547 for a six-month policy. However, it can be as expensive as $2941 with companies like Nationwide.

Lake Oswego car insurance quotes with a DUI

Company	Avg. 6 Mo. Premium	Avg. Monthly Premium
Capital Insurance Group	$547	$93
Kemper	$674	$112
Progressive	$838	$141
Travelers	$1077	$181
State Farm	$1130	$190
American Family	$1265	$213
USAA	$1407	$237
Farmers	$2642	$445
Country Financial	$2686	$452
Allstate	$2717	$457
Nationwide	$2941	$500

Cheapest car insurance after a speeding ticket

One of the easiest ways to save money on car insurance is to stay within the speed limit. After a speeding violation, the cheapest car insurance premiums in Lake Oswego are offered by Kemper at $367. However, it can be as expensive as $3435 with companies like Farmers for a similar six-month premium.

Cheapest Car Insurance in Lake Oswego after Speeding ticket

Company	Avg. 6 Mo. Premium	Avg. Monthly Premium
Kemper	$367	$62
Capital Insurance Group	$441	$76
Nationwide	$599	$100
State Farm	$703	$118
Progressive	$898	$151
American Family	$906	$152
Travelers	$1092	$184
USAA	$1108	$188
Country Financial	$1153	$194
Allstate	$2747	$467
Farmers	$3435	$572

Car Insurance Price Trends in Lake Oswego, Oregon

Car insurance rates in Lake Oswego have fluctuated due to factors such as state regulations, inflation, and changing driving habits.

The average cost of full coverage in the Lake Oswego rose by $251 in January compared to $242 of December. In other words, there has been an increase by $9 when you compare January and December.

The average cost of liability insurance in the Lake Oswego remained steady at $89 in both January and December, indicating no change over the two month period.

Our Insurance Agent Experts

Wilson Mathew Nechikat

Principal

View Profile

Anthony Luu

Senior Director of Insurance Operations

View Profile

Ezra Peterson

Senior Director of Insurance

View Profile

Danny Herrera

Head of Commercial Insurance

View Profile

Frequently Asked Questions

How much is car insurance in Lake Oswego?

The car insurance in Lake Oswego is $50 per month, which is lower than the national average.

What is the cheapest car insurance in Lake Oswego?

The cheapest car insurance in Lake Oswego is $83 per month for full coverage.

How much is car insurance in Lake Oswego for teenagers?

Car insurance for teenagers costs $277 per 6 months. The rates for teen drivers are higher due to their lack of experience as drivers.

What's the average cost of car insurance in Lake Oswego?

The average cost of car insurance is $880 for a six-month policy. It will cost around $186 per month to insure your car in Lake Oswego.

Is car insurance expensive in Lake Oswego?

Car insurance can be expensive in Lake Oswego if your rating factors are not favorable. However, with a clean driving record and good credit score, car insurance rates in Lake Oswego can be affordable.

What is the best car insurance in Lake Oswego, OR?

The best car insurance company in Lake Oswego OR is Kemper, offering $486 for a six-month policy.