Skip to main content

Accidents can happen on the road at any time, and when it rains, it often rains. Luckily, we’ve ranked the best car insurance companies in the country, and now we’ve tailored our search to find the best cheap car insurance in Oregon.

Read on to find out which car insurance companies are generally the cheapest for Oregon drivers, as well as car insurance requirements in the state.

5 Companies with the Best Cheap Car Insurance in Oregon

We’ve found the best cheap car insurance in Oregon by considering factors like JD Power customer satisfaction scores and average prices paid statewide. Overall, State Farm offers one of the most affordable coverages, followed by USAA, Country Financial, Progressive, and PEMCO.

*You may notice that some car insurance companies are listed above those with a higher star rating. This is because our star rating takes national factors into account, while our rating specifically looks at which insurers are the best for cheap car insurance in Oregon.

State Farm is the largest auto insurer in the United States and offers reasonable rates and a wide range of coverage choices. State Farm’s high standards have earned it the top auto insurance provider in Northwestern 2021 JD Power US Auto Insurance Studywith a score of 844 out of a possible 1,000 points.

Your car coverage is secure with State Farm auto insurance because AM Best gives the company an A++ rating for financial health. With various discounts for drivers, including its Good Student discount for ages 16-25, State Farm offers some of the best cheap car insurance in Oregon.

USAA auto insurance is only available to military members, veterans and their families. A USAA auto insurance policy offers so many positives that anyone eligible for its services should take a close look.

USAA received 884 points out of 1,000 in JD Power’s auto insurance study, meaning it would have been the top auto insurance provider in the Northwest region if it hadn’t not been disqualified from the ranking due to eligibility limitations.

It may be available in just 19 states, but Country Financial is one of our picks for the best cheap car insurance in Oregon. Beaver State residents are likely to find extensive coverage options and some of the best rates when they choose Country Financial auto insurance.

The company offers add-ons for policyholders who want extra protection for their car, including The Keeper® new car replacement services, coverage for stolen personal items and window replacement. Although these features cost more, Country Financial’s competitive pricing makes these add-ons accessible to most.

Tiered auto insurance offers options to make auto coverage easily accessible, even to those who don’t have a good driving history. The company offers a generous accident insurance plan and covers those who may be rejected by other insurers, such as teenage drivers.

Progressive’s extensive coverage options and openness to all types of motorists means its rates tend to be slightly higher than others. However, young drivers or those with a history of bad credit and DUIs will find that Progressive offers some of the best cheap car insurance in Oregon.

If you want a local insurance provider, PEMCO is a solution. Headquartered in Seattle and offering its services only in Oregon and Washington State, PEMCO Auto Insurance is proud to focus on local communities. The company regularly donates to causes throughout the Pacific Northwest and encourages its employees to volunteer with local charities.

PEMCO also stands out for its customer service, scoring 835 points out of a possible 1,000 in the JD Power Auto Insurance study, making it the #2 provider in the Northwest. PEMCO is one of the best cheap car insurance options in Oregon because it consistently satisfies its local customer base.

Oregon auto insurance requirements

Each state sets its own minimum insurance standards that drivers should consider before purchasing their auto insurance policies. According Oregon Driver and Motor Vehicle Servicesall drivers in Oregon must have the following minimum coverage:

  • $25,000 bodily injury liability insurance per person
  • $50,000 bodily injury liability coverage per accident
  • Civil liability of $20,000 in property damage
  • $15,000 personal injury protection per person
  • $25,000 per person uninsured motorist coverage
  • $50,000 uninsured motorist coverage per accident

Here is an overview of the types of minimum coverage that state law requires drivers in Oregon to have:

  • Motor vehicle liability insurance refers to money given to others when you cause an accident. This type of coverage is required in almost all states.
  • Personal Injury Protection (PIP) pays for medical care, lost wages and days off work caused by a car accident. Unlike many states, Oregon drivers of most types of vehicles must carry a PIP.
  • Protection of uninsured motorists pays for damages caused by motorists who have accidents and cannot cover the costs incurred.

Check out the six types of auto insurance to see if comprehensive auto insurance, which also includes comprehensive coverage and collision coverage, might suit your needs.

Cost of the best cheap car insurance in Oregon

Our rate estimates show that a 35-year-old driver in Oregon with a clean driving record and good credit will pay approximately $1,302 per year for car insurance. That’s considerably lower than the average auto insurance premium rate in the United States, which sits at $1,732 per year.

To help you better understand these rate estimates, we’ve partnered with Quadrant Information Services to examine the factors that often affect auto insurance premiums. The data below should provide a clearer picture when looking for the best cheap car insurance in Oregon.

One of the best ways to get the cheapest annual premiums on auto insurance in Oregon is to maintain a good credit rating, as rates are much higher for those with bad credit.

Getting a DUI or causing an accident are surefire ways to miss out on the best cheap car insurance in Oregon. Each can result in price increases of nearly $700 over those with a clean driving record.

Those in the Portland area can expect to pay higher car insurance rates than those in the rest of Oregon. The overall cost of auto insurance is often up to $500 more in Portland than in less densely populated areas of the state.

What to know about driving in Oregon

Oregonians averaged about 12,000 miles on the highway in 2019, according to Bureau of Transport Statistics, which is one of the lowest rates in the United States In 2019, the state recorded 489 road deaths, which translates to 11.6 deaths per 100,000 population. The Insurance Institute for Road Safety found that the national average was a little lower, at 11 deaths per 100,000 population.

Between Oregon’s drizzly weather, winding roads, and high number of pedestrians and cyclists, it’s important to be a safe driver. Avoiding potential dangers can help you get one of the best cheap auto insurance in Oregon.

Final Thoughts: The Best Cheap Car Insurance in Oregon

Oregon’s auto insurance rates are lower than the national average, which is good considering the state’s minimum requirements for insurance coverage. We’ve researched the most affordable options in Oregon, and State Farm, USAA, Country Financial, Progressive, and PEMCO are all great choices for the best cheap car insurance in Oregon.

One of the easiest ways to find the perfect car insurance plan is to compare custom quotes from providers.

[ad_2]Source link