Traveling Oregon’s spectacular highways and byways comes with certain risks. Drivers need to protect their investments and Oregon law requires automobile owners to carry certain minimum insurance coverages.
According to Oregon Driver and Motor Vehicle Services, more than 3 million registered vehicles occupy Oregon’s roads. A study conducted by the Oregon Department of Transportation recorded nearly 241,000 non-fatal and more than 3,480 fatal automobile crashes in Oregon between 2008 and 2017.
You need adequate coverage before you hit the road. Finding the best car insurance in Oregon for your specific needs requires some research, but it is worth it for the financial protection it brings.
Best car insurance companies in Oregon
To find the best car insurance companies in Oregon, we look to the experts in the industry, including J.D. Power & Associates, which rates customer satisfaction, and AM Best, which rates a company’s financial stability. These are the top-rated car insurance providers in Oregon for 2021.
|Company||J.D. Power 2020 Northwest Rankings||AM Best ratings||Average annual premium for full coverage|
|USAA||883 / 1000||A++ (Superior)||$1,052|
|Geico||834 / 1000||A++ (Superior)||$1,293|
|State Farm||814 / 1000||A++ (Superior)||$1,043|
|Travelers||806 / 1000||A++ (Superior)||$963|
Year after year, USAA consistently wins awards for delivering the best customer service in the industry. Whether you are pricing a new policy, filing a claim or simply checking out the online resources, USAA is an excellent choice for Oregon car insurance when you are a member of the military or if you are related to one.
Geico is a favorite for traditional car insurance, including optional, add-on coverage for mechanical breakdown coverage and ridesharing insurance if you drive for companies like Uber, Lyft and Instacart. There is an excellent mobile app to assist you with filing a claim or checking on your policy, and the website is easy to navigate.
As one of the largest car insurance providers in the U.S., State Farm is a popular car insurance choice for Oregon drivers. With its A+ BBB rating, high financial strength, and high J.D. Power ranking, State Farm makes the list of one of the top car insurance companies in Oregon in 2020. In terms of price, State Farm offers an affordable price at an average of $1,043 for full coverage car insurance in Oregon. While it may not be the cheapest on the list, discounts such as the Drive Safe, Steer Clear, good student and others bring the total down.
Progressive is another large service provider, offering affordable pricing with great customer service and customer tools to match. You have the option of adding a collection of specialized coverage not found elsewhere, including gap insurance, pet injury protection and coverage for your custom parts and equipment value.
Travelers makes the list of top 2020 car insurance companies in Oregon due to the insurance company’s financial strength, customer satisfaction and BBB ratings. Travelers offer new drivers and students additional benefits and discounts, so drivers who are students may find Travelers to be the best choice. Drivers who wish to bundle home and auto insurance may also find Travelers to be an attractive choice as the bundle option can help save up to 13%.
Average cost of car insurance in Oregon
We regularly research the average car insurance cost by state, so you know what to use as a baseline when shopping for or negotiating your car insurance rate.
In Oregon, the average full coverage premium costs $1,363, while the minimum coverage premium is $579. Oregon car insurance is typically more affordable as this is less than the national average of $1,738 for full coverage car insurance. However, this cost can vary significantly, depending on which provider you use.
|Average annual premium for minimum coverage in Oregon||Average annual premium for full coverage in Oregon|
For example, these are the average costs of car insurance in Oregon for a few of our best providers.
|Company||Full coverage||Minimum coverage|
State minimum insurance requirements in Oregon
Oregon’s minimum car insurance requirements require car owners to have a liability insurance policy that covers:
- At least $25,000 for bodily injury or death to one person.
- At least $50,000 for bodily injury or death of more than one person.
- At least $20,000 to cover property damage.
- Personal injury protection and uninsured motorist coverage.
How to get the best car insurance
To get the best car insurance in Oregon, drivers must consider various factors. For example, not all car insurance companies offer the same discounts, policies, coverage options and prices. Each car insurance company in Oregon evaluates you differently. Most insurance companies will take into consideration your personal characteristics and your previous driving history.
When it comes to car insurance coverage requirements, unless you absolutely cannot spend more than the minimum coverage for auto insurance, it would save you more money in the long term to invest in full coverage. Minimum coverage may seem like a good idea, but you could end up with bills from unexpected car accidents in the future.
Evaluate your individual needs
You can evaluate your car insurance needs to find a car insurance that would work best for you. Each person has different factors to take into consideration and any difference in one simple factor like even age or credit score, can make a difference in car insurance premiums.
When researching the best car insurance companies, write a list of things that can affect your insurance premium and discuss them with your local agent because you may be able to get discounts based on your circumstances as well. Being honest can also help you as agents are empathetic and try to understand each driver’s situation.
You may have a family member who served in the military, many car insurance companies actually offer discounts for those related to military service members. Looking at insurance companies like USAA, you would actually be able to get a better than average deal just from this one consideration.
Consider state factors
Depending on the state you live in and your zip code, you will need to consider your geographic location, the crime rate in your area, the climate, and more. These can all affect what you may need in an insurance policy as different insurance companies offer different add-ons like anti-theft, emergency assistance, and more, and coverage options based on state factors.
Auto insurance discounts in Oregon
Car insurance companies offer discounts to help you reduce your premium rate. Discounts vary by company, so ask about them when you shop for coverage.
It’s pretty easy to save money with USAA and its many discounts:
- Safe driver
- Good student
- New vehicle
- Low mileage
- Family discount
Geico’s discounts also include customer loyalty, as well as these savings.
- Emergency deployment
- Federal employee
- Military discount
- Safety discounts
State Farm offers an extensive list of discounts to help potential insurers save on car insurance premiums:
- Good Student
- Drive Safe
- Steer Clear
- Teen Driver
With Progressive, you will recognize several of the discounts available, such as these:
- Multi-policy discount
- Snapshot safe driver discount
- Teen driver
- Distant student
- Sign online
Travelers offers a few different ways to save. A few featured discounts include:
- Bundle and save
- Electronic Funds Transfer (EFT)
- Multi Policy
- Good Student
- Distant Student
Frequently asked questions
What is the best car insurance in Oregon?
Car insurance rates vary based on factors such as age, credit score and driving record. Our research finds that USAA offers the cheapest car insurance in Oregon.
What do I need to get car insurance in Oregon?
To get a quote for car insurance, Oregon insurance agents need to know about your driving history, where you live, your credit score, your age and the type of car you want to insure.
Does Oregon require car owners to have insurance?
Oregon requires auto owners to carry liability insurance, as well as personal injury protection and uninsured motorist coverage.
Should I add my teenagers to my car insurance policy or get them separate policies?
Oregon teens can pay thousands of dollars more for car insurance on a stand-alone policy. To save money, it is best to add your teen drivers to your policy.
Why would the best insurance provider for one person not be the best for someone else?
The best insurance provider for one person may not be the best for another as insurance companies must take into consideration age, gender, zip code, marital status, financial payment history, credit score, driving record and vehicle type. Additionally, each person has different needs such as one may want anti-theft and another may want roadside assistance add-ons.
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 cleaning 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.