Best cheap car insurance in Eugene

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Motorists in Eugene, Oregon pay an average annual auto insurance premium of $585 for minimum coverage and $1,231 for full coverage. In 2019, Eugene was home to 172,622 residents and Lane County had over 400,000 registered vehicles. Road-related fatalities and serious injuries are on the rise in Eugene, with death rates reaching 12.8 deaths per 100,000 people in 2018 and serious injuries at the highest level in nearly two decades. It has never been more important to protect yourself with car insurance.

Oregon law requires motorists to purchase auto insurance for most types of vehicles. Shopping for the right policy is about determining the best fit for your needs. We searched the Eugene market to find carriers that provide a winning combination of coverages, customer care, discounts, financial stability and price.

Best car insurance companies in Eugene

We chose our top four Eugene auto insurance companies based on a variety of criteria, including J.D. Power customer satisfaction scores and AM Best financial strength ratings. We also analyzed national, state and local insurance premiums to give Eugene drivers an idea of how their premiums compare to those of motorists in other locations.

Insurance Company J.D. Power Score
(Northwest region)
Average Annual Premium for Minimum Coverage Average Annual Premium for Full Coverage
USAA 883 / 1,000 $499 $1,007
Geico 834 / 1,000 $525 $1,153
Progressive 821 / 1,000 $520 $1,108
Travelers 806 / 1,000 $397 $897

Quadrant Information Services, 2020

USAA

In J.D. Power’s 2020 U.S. Auto Insurance Satisfaction Study, USAA earned the highest overall customer satisfaction score, 883 out of 1,000. However, the provider does not qualify for ranking in the study, because it only offers its insurance products to current and past U.S. military service members, as well as their spouses and children.

USAA offers its members a range of auto insurance coverages, but also provides one-stop shopping for homeowners and renters insurance, life insurance, motorcycle insurance, small business insurance and more. You can earn up to a 10% discount on a USAA home or renters insurance policy when you bundle it with car insurance.

Geico

Geico ranked first in J.D. Power’s 2020 U.S. Auto Insurance Satisfaction Study in the Northwest region, which includes Oregon. Along with basic auto insurance coverages, Geico offers optional protections like emergency roadside service and car rental, as well as mechanical breakdown insurance.

Geico also offers a range of discounts, including up to 25% off when you insure multiple vehicles and 3% to 23% for vehicles equipped with safety and security devices such as airbags and anti-theft systems. The insurer extends up to a 15% discount to military members and up to a 22% discount to policyholders who remain accident free for five years.

Progressive

Progressive offers an impressive selection of optional coverages, including custom parts and equipment coverage, which pays to repair or replace custom wheels, navigation systems, stereo systems and even custom paint jobs. Drivers with new financed or leased vehicles can also purchase Progressive’s gap insurance, which can help to cover the difference between the cash value of a vehicle if it is totaled and the loan or lease payoff amount.

Good drivers may be able to save up to $145 per year on auto insurance when they enroll in Progressive’s usage-based Snapshot program. Using a plug-in device or mobile app, Snapshot tracks your acceleration, braking, mileage, phone use and the time of day you drive. Progressive extends a discount just for signing up for Snapshot and, if you maintain good driving habits, you could earn more savings when you renew your policy.

Travelers

Out of our top four Eugene car insurance companies, Travelers offers the lowest average annual premiums for both minimum coverage and full coverage. One outstanding feature is Travelers’ optional Responsible Driver Plan, which includes accident forgiveness and minor violation forgiveness to help protect you from a rate increase if you have one at-fault accident or commit one minor traffic violation during a 36-month period.

Travelers extends up to a 13% discount on auto insurance when you bundle your policy with homeowners coverage and up to a 23% discount when policyholders remain accident-free and violation-free for five years. Drivers who own electric or hybrid vehicles may also qualify for an additional discount for being environmentally friendly.

Cheapest car insurance in Eugene

Statewide, Oregon drivers pay an average annual premium of $610 for minimum coverage and $1,346 for full coverage, compared to the national annual average premium of $565 for minimum coverage and $1,674 for full coverage. Locally, Eugene drivers pay an average premium of $585 per year for minimum coverage and $1,231 per year for full coverage. Several of the most popular car insurance providers, including three of our top picks, offer Eugene drivers rates that are lower than national, state and local averages.

Insurance Company Average Annual Premium for Minimum Coverage Average Annual Premium for Full Coverage
Travelers $397 $897
USAA $499 $1,007
Nationwide $499 $948
State Farm $511 $1,029
Progressive $520 $1,108

Price is just one factor to consider when shopping for auto insurance. When searching for car insurance, you first need to determine the factors that matter most to you. These may include price, coverage options, available discounts, financial strength and customer satisfaction scores. Once you have determined what is most important to you, you can obtain quotes from various companies to find the policy that best suits your needs.

Eugene insurance requirements

By law, all Oregon drivers must purchase minimum levels of auto insurance, including:

  • $25,000 in bodily injury liability coverage, per person
  • $50,000 in bodily injury liability coverage, per accident
  • $20,000 in property damage liability coverage, per accident
  • $15,000 in personal injury protection (PIP) coverage, per person
  • $25,000 in uninsured motorist bodily injury coverage, per person
  • $50,000 in uninsured motorist bodily injury coverage, per accident

Keep in mind that state-required minimum levels of car insurance may not provide sufficient financial protection in the event of an at-fault accident. If you are at fault for an accident and the damages exceed your insurance limits, the difference will have to be paid out of pocket.

Additionally, although Oregon law does not require you to buy collision or comprehensive coverage, if you finance or lease your car, your lender or leasing company likely will.

Car insurance discounts in Eugene

Auto insurance companies offer Eugene policyholders a wide range of discounts. Some common discounts include:

  • Driver education and defensive driving course discounts
  • Good driver discounts
  • Good student discounts
  • Multi-vehicle discounts
  • Vehicle safety and security devices discounts

Each insurer offers different discounts with varying levels of savings. Some discounts can dramatically reduce your annual premium. For example, Travelers extends up to a 23% discount to customers who maintain a good driving record and Geico offers up to a 23% discount on automobiles equipped with air bags. Good drivers may also earn a rate reduction by signing up for a usage-based insurance program, like Progressive’s Snapshot. Many providers also offer discounts if you bundle an auto policy with homeowners, renters or condo insurance.

Frequently asked questions

What is the best car insurance company?

The best auto insurance company is different for every driver, since everyone brings a unique set of circumstances to their insurance choices. Finding the best insurance for your needs can involve determining the features you want most in a policy, talking to licensed agents and obtaining multiple quotes. It is a good idea to look for insurers that offer a combination of coverages, good customer service, financial stability and prices that fit your budget.

How much does car insurance in Eugene cost?

According to Quadrant Information Services, Eugene automobile owners pay an average annual car insurance premium of $585 for minimum coverage and $1,231 for full coverage. However, premiums will be different for every driver. Insurance companies base rates on many factors, including your age, driving record, make and model of your vehicle and the types and amounts of coverages you purchase.

How much car insurance do I need in Eugene?

Oregon law requires you to buy minimum levels of bodily injury and property damage liability, personal injury protection (PIP) and uninsured motorist coverages. However, minimum levels do not always provide the amount of financial protection you need. If you finance or lease a vehicle, the leasing company or lender will also require you to buy collision and comprehensive coverages. Consult with an insurance agent to find out the coverages and coverage levels you need.

Methodology

Bankrate utilizes Quadrant Information Services to analyze rates for all ZIP codes and carriers in all 50 states and Washington, D.C. 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 coverages that meet each state’s requirements. Our sample drivers own a 2018 Honda Accord, commute five days a week and drive 12,000 miles annually.

These are sample rates and should be used for comparative purposes only. Your quotes may be different.