Cheapest Car Insurance Quotes in Monument

Finding the cheapest car insurance quotes in Monument 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

Monument Car Insurance

^$ 45

/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 Monument

The car insurance rate in Monument is $994 for a six-month policy, which is $114 higher than the higher than the state average. Root Insurance Company offers the lowest rates in the city at $436, making it a popular choice for budget-conscious drivers. Rates in Monument 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 Monument

$994

Avg. Car Insurance in Oregon

$880

National Average

$1278

Cheapest Car Insurance Companies in Monument

1st place: Kemper

At $436 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 $692 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 $765 for six months, making it the third cheapest auto insurance company in Monument.

Monument Car Insurance Rates by Company

Based on our research, the cheapest car insurance company in Monument, OR is Kemper, offering policies at just $436 for a six-month term. This is followed by Capital Insurance Group, which has an average six-month premium of $692.

At the higher end of the spectrum, Allstate is the most expensive, with rates reaching $1893 for a six-month policy. Rates can vary widely by driver, but comparing quotes from multiple companies can help Monument drivers find the best deals.

Cheap Car Insurance Companies in Monument, OR

Company	Avg. 6 Mo. Premium	Avg. Monthly Premium
Kemper	$436	$75
Capital Insurance Group	$692	$115
American Family	$765	$129
Travelers	$859	$145
Progressive	$879	$148
Encompass	$913	$153
USAA	$940	$158
Nationwide	$947	$159
State Farm	$953	$160
Country Financial	$973	$164
Mutual of Enumclaw	$1255	$214
Farmers	$1436	$242
Allstate	$1893	$319

Key Takeaways

Way's key takeaways about car insurance in Monument

The auto insurance costs in Monument fall around $436 for six months.
The cheapest auto insurance company in Monument is Kemper.
Teen drivers pay the highest rate in Monument at $1141 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 Monument

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 Monument are given below.

Kemper provides the cheapest minimum car insurance coverage in Monument. Their Average 6 Month Premium is $269. Allstate is the most expensive at $1000 for the same period.

Cheapest Liability Coverage in Monument, OR

Company	Avg. 6 Mo. Premium	Avg. Monthly Premium
Kemper	$269	$45
Capital Insurance Group	$356	$61
State Farm	$383	$64
USAA	$383	$64
American Family	$402	$68
Travelers	$402	$68
Progressive	$409	$69
Country Financial	$477	$80
California Casualty	$510	$85
Nationwide	$537	$90
Farmers	$745	$125
Allstate	$1000	$168

Cheapest Full Coverage Car Insurance in Monument

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 Monument is Kemper at $75 per month and $436 for six months.

Cheapest Full Coverage Car Insurance Quotes in Monument, OR

Company	Avg. 6 Mo. Premium	Avg. Monthly Premium
Kemper	$436	$75
Capital Insurance Group	$692	$115
American Family	$765	$129
Travelers	$859	$145
Progressive	$879	$148
Encompass	$913	$153
USAA	$940	$158
Nationwide	$947	$159
State Farm	$953	$160
Country Financial	$973	$164
Mutual of Enumclaw	$1255	$214
Farmers	$1436	$242
Allstate	$1893	$319

Don't Let Hidden Costs Drive You Crazy

Get Your Car Insurance Quote in Monument Instantly!

Average Car Insurance in Monument 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 Monument, OR increasing?

Despite maintaining a clean driving record, your car insurance rates in Monument, 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, Monument's high urban population density, raised auto theft rates, and frequent natural disasters contribute to increased insurance costs.

Car Insurance Premiums by Age in Monument

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	$649
30s	USAA	$529
40s	USAA	$490
50s	USAA	$471
60s	USAA	$490
70s	USAA	$597

Cheapest Car Insurance Rates for Teen Drivers in Monument,OR

If you are planning to get a car insurance policy for your teenage dependent, Kemper provides the cheapest car insurance in the Monument at $42 per month. At $6779 for a six-month premium, Farmers offers the most expensive rate for teen drivers.

Company	Avg. 6 Mo. Premium	Avg. Monthly Premium
Kemper	$249	$42
Capital Insurance Group	$423	$70
Country Financial	$1397	$235
USAA	$1484	$250
Travelers	$1504	$253
State Farm	$1779	$299
American Family	$2194	$370
Progressive	$2295	$386
Nationwide	$4383	$746
Allstate	$6779	$1141
Farmers	$6779	$1141

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 Monument.

As young drivers face the highest rates in Monument, USAA offers the cheapest auto insurance rates at $649 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 Monument, Kemper is the cheapest car insurance provider. At $450 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 Monument is State Farm, offering rates of around $4578 for six months.

Company	Avg. 6 Mo. Premium	Avg. Monthly Premium
Kemper	$450	$75
Capital Insurance Group	$523	$89
Nationwide	$651	$108
Progressive	$966	$163
American Family	$1175	$198
Country Financial	$1288	$217
Travelers	$1356	$228
USAA	$1692	$288
Allstate	$3443	$574
Farmers	$3658	$621
State Farm	$4578	$763

Escape the Trap of Rising Insurance Costs.

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

Car Insurance Rates with An Accident in Monument

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 Monument, OR, accidents can lead to significant hikes in your premiums.

Cheapest Car Insurance Companies after an At-Fault Accident in Monument

The cheapest car insurance companies after an at-fault accident in Monument include Kemper and Capital Insurance Group, offering $356 and $423, respectively. Allstate is an expensive provider with an average six-month premium of $2993.

Company	Avg. 6 Mo. Premium	Avg. Monthly Premium
Kemper	$356	$59
Capital Insurance Group	$423	$72
Capital	$477	$79
Encompass	$530	$90
State Farm	$725	$122
Travelers	$806	$136
USAA	$852	$144
Progressive	$953	$160
American Family	$1074	$181
Nationwide	$1074	$181
Country Financial	$1128	$190
Farmers	$2463	$415
Allstate	$2993	$504

Monument Car Insurance Rates by Violation

Here is a list of driving violations that can increase your car insurance rates in Monument OR. For example, the car insurance in Monument after a DUI increases to $704 for a six month policy. While the rate increases by $254 for a six-month policy in the case of a speeding ticket.

Monument auto insurance quotes by violations

Accident/Violation	Avg. 6 Mo Premium	Avg. Monthly Premium
None	$947	$158
One Med/PIP claim	$947	$160
Not-at-fault accident	$980	$164
One comp claim	$1000	$169
Two Med/PIP claims	$1014	$168
Failure to wear a seat belt	$1080	$184
Two comp claims	$1107	$184
Child safety restraint	$1121	$191
Failure to show documents	$1121	$186
Driving without lights	$1128	$192
Driving with expired registration	$1155	$192
Speeding 11 - 15 MPH over limit	$1201	$205
Speeding 16 - 20 MPH over limit	$1201	$200
Speeding 6 - 10 MPH over limit	$1201	$205
Cell phone violation	$1208	$201
Driving too slowly	$1208	$206
Failure to yield	$1208	$201
Following too closely	$1208	$206
Illegal turn	$1208	$201
Texting while driving	$1208	$206
Wrong way/wrong lane	$1208	$201
Failure to stop at a red light	$1215	$207
Improper passing	$1215	$202
Passing school bus	$1262	$215
Speeding in school zone	$1262	$210
In 65 MPH zone	$1283	$218
Speeding 21 - 25 MPH over limit	$1288	$215
Open container	$1329	$226
At-fault accident - less than $1000	$1363	$227
Operating a vehicle without permission	$1370	$233
At-fault accident - $1000-$2000	$1450	$242
At-fault accident - greater than $2000	$1450	$246
Refusal to submit to a chemical test	$1624	$271
Racing	$1631	$277
DUI	$1651	$276
Reckless driving	$1658	$281
Driving with a suspended license	$1671	$279
Leaving scene of an accident/hit and run	$1726	$294

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 Monument 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 Monument.

The cheapest car insurance premiums in Monument are offered by Capital Insurance Group at $490 for a six-month policy. However, it can be as expensive as $2637 with companies like Nationwide.

Monument car insurance quotes with a DUI

Company	Avg. 6 Mo. Premium	Avg. Monthly Premium
Capital Insurance Group	$490	$84
Kemper	$605	$101
Progressive	$751	$127
Travelers	$966	$163
State Farm	$1014	$171
American Family	$1135	$191
USAA	$1262	$212
Farmers	$2370	$399
Country Financial	$2409	$406
Allstate	$2436	$410
Nationwide	$2637	$449

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 Monument are offered by Kemper at $329. However, it can be as expensive as $3080 with companies like Farmers for a similar six-month premium.

Cheapest Car Insurance in Monument after Speeding ticket

Company	Avg. 6 Mo. Premium	Avg. Monthly Premium
Kemper	$329	$55
Capital Insurance Group	$395	$68
Nationwide	$537	$89
State Farm	$631	$106
Progressive	$806	$136
American Family	$812	$137
Travelers	$980	$165
USAA	$993	$168
Country Financial	$1034	$174
Allstate	$2463	$419
Farmers	$3080	$513

Car Insurance Price Trends in Monument, Oregon

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

The average cost of full coverage in the Monument rose by $225 in January compared to $217 of December. In other words, there has been an increase by $8 when you compare January and December.

The average cost of liability insurance in the Monument remained steady at $80 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 Monument?

The car insurance in Monument is $45 per month, which is lower than the national average.

What is the cheapest car insurance in Monument?

The cheapest car insurance in Monument is $75 per month for full coverage.

How much is car insurance in Monument for teenagers?

Car insurance for teenagers costs $249 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 Monument?

The average cost of car insurance is $880 for a six-month policy. It will cost around $167 per month to insure your car in Monument.

Is car insurance expensive in Monument?

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

What is the best car insurance in Monument, OR?

The best car insurance company in Monument OR is Kemper, offering $436 for a six-month policy.