Average cost of car insurance in Oregon for 2024

How much is car insurance in Oregon? 

To determine how much car insurance is in Oregon, Bankrate analyzed premium data from Quadrant Information Services. According to our research, the average cost of car insurance in Oregon is $1,415 per year for full coverage and $616 per year for minimum coverage. These are just average figures to be used for comparative purposes; your exact car insurance rate will vary based on personal factors like your age, ZIP code, credit history, claims history, driving record and more. To help give you a clearer image of what your insurance costs may be, Bankrate also included average rates for a variety of Oregon driving profiles.

What would you like to do today?

Oregon car insurance rates by city

The city and ZIP code you live in also factor into your Oregon car insurance rates. Insurance carriers often use city-specific variables like population density, crime statistics, claim frequency and cost of living in the ZIP code to determine rates in the area. If you live in an area where it’s more common to file an insurance claim, you will likely pay more for your coverage. In the table below, you can see average Oregon car insurance rates in some of the state’s most populated cities.

Average car insurance costs by age and gender in Oregon

In Oregon, car insurance companies are permitted to use age and gender as rating factors for auto insurance premiums. In the table below, you can see the average car insurance rates by age for male and female drivers in Oregon.

Cost considerations for young drivers in Oregon

Car insurance rates vary for young drivers on their own policy compared to drivers on their parents’ policy. The average cost of car insurance in Oregon will likely be cheaper for younger drivers if they choose to remain on their parents’ policy instead of purchasing their own.

How does driving record impact the cost of car insurance in Oregon?

Car insurance rates in Oregon by credit score

Oregon car insurance rates by vehicle type

Estimate your car insurance cost in Oregon

The rates we listed above demonstrate that the cost of your car insurance policy will depend on a multitude of factors. To help you get a better idea of what your insurance costs may be, Bankrate created the calculator tool below. After you enter a couple of pieces of basic information, you will be presented with a rough estimate of your car insurance costs. It is not an exact quote, but it can give you more insight into how much to budget for your policy.

How to save on car insurance in Oregon

Car insurance rates in Oregon are not overly expensive, on average, but there are ways you may be able to save even more money and earn a lower premium. Here are some suggestions for getting cheap car insurance:

• Get several quotes: To find the best rate for your coverage preferences, get multiple car insurance quotes from different carriers. This way, you can evaluate coverage options and pricing to find the right carrier.
• Improve your credit score: If you have a poor credit score, you may pay a higher car insurance premium. Raising your credit score, even by a few points, can help you get a lower rate.
• Pay your premium in full: Paying your premium upfront and in full may help you get a cheaper rate, if you can afford the out-of-pocket cost.
• Take a defensive driver course: Many insurance companies offer a discount to drivers who complete an approved defensive driver or driver safety course.
• Raise your deductibles: Increasing your comprehensive and collision deductibles can lower your premium. Just make sure you can afford a higher deductible if you need to file a claim.
• Switch carriers: If you find a different insurance company that can offer you a better deal, you can usually switch carriers during your policy period. You’ll want to check if your current insurer has any fees associated with policy cancellation.

Frequently asked questions

Methodology

Bankrate utilizes Quadrant Information Services to analyze 2023 rates for ZIP codes and carriers in all 50 states and Washington, D.C. Rates are weighted based on the population density in each geographic region. Quoted rates are based on a 40-year-old male and female driver with a clean driving record, good credit and the following full coverage limits:

• $100,000 bodily injury liability per person
• $300,000 bodily injury liability per accident
• $50,000 property damage liability per accident
• $100,000 uninsured motorist bodily injury per person
• $300,000 uninsured motorist bodily injury per accident
• $500 collision deductible
• $500 comprehensive deductible

To determine minimum coverage limits, Bankrate used minimum coverage that meets each state’s requirements. Our base profile drivers own a 2021 Toyota Camry, commute five days a week and drive 12,000 miles annually.

These are sample rates and should only be used for comparative purposes.

Credit-based insurance scores: Rates were calculated based on the following insurance credit tiers assigned to our drivers: “poor, average, good (base) and excellent.” Insurance credit tiers factor in your official credit scores but are not dependent on that variable alone. Four states prohibit or limit the use of credit as a rating factor in determining auto insurance rates: California, Hawaii, Massachusetts and Michigan.

Incidents: Rates were calculated by evaluating our base profile with the following incidents applied: clean record (base), at-fault accident, single speeding ticket and single DUI conviction.

Model: To determine cost by vehicle type, we evaluated our base profile with the following vehicles applied: BMW 330i, Ford F-150, Honda Odyssey, Toyota Prius and Toyota Camry (base).

Age: Rates were calculated by evaluating our base profile with the ages 16-70 (base: 40 years) applied. Depending on age, drivers may be a renter or homeowner. Age is not a contributing rating factor in Hawaii and Massachusetts due to state regulations.

Gender: The following states do not use gender as a determining factor in calculating premiums: California, Hawaii, Massachusetts, Michigan, North Carolina, Pennsylvania.

Teens: Rates were determined by adding a 16- or 17-year-old teen to their 40-year-old married parents' policy. The rates displayed reflect the total cost of a driver this age added to their parents’ policy unless otherwise noted.