Cheapest car insurance in Oregon for 2024

When looking for cheap car insurance in Oregon, there are a few things to keep in mind. The average cost of car insurance in the Beaver State is $835 for state-mandated minimum coverage. Full coverage, which includes collision and comprehensive insurance, averages $1,994. To compare, the national averages are $678 for minimum coverage and $2,458 for full coverage.

Your own rate is likely to vary from the average, since it is based on factors unique to you and your vehicle. If you're looking for the cheapest car insurance in Oregon, you'll want to gather quotes from several carriers to see who offers you the best deal.

Key takeaways

• Cheapest company for minimum coverage: Mutual of Enumclaw
• Cheapest company for full coverage: Capital
• Cheapest company for drivers with prior incidents: Capital and Geico
• Cheapest company for young drivers: Travelers and Mutual of Enumclaw

The state-required minimum coverage in Oregon includes liability insurance plus personal injury protection (PIP) and uninsured motorist coverage. If you purchase the minimum amount required by law, you will pay an average cost of $835 a year.

Minimum coverage requirements for Oregon drivers

Like most states, Oregon requires drivers to carry a certain minimum amount of coverage in order to drive legally. Oregon’s minimum coverage costs $616 per year on average, though your rate may differ. According to Oregon law, you must have the following:

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

When looking for cheap car insurance companies in Oregon, you may assume minimum coverage is sufficient. However, only carrying the minimums could leave you financially vulnerable in costly accidents. Many insurance experts recommend that you purchase higher limits, if you can afford to. Remember that if the costs of an accident are higher than your coverage limits, you would be required to pay out-of-pocket for those costs.

You may also want to consider adding collision and comprehensive coverage to protect your investment in your vehicle. If you have a car loan or lease, your lender may require you to have these optional coverage types, which constitute full coverage.

Full coverage insurance includes collision and comprehensive insurance on top of state minimum requirements. Collision and comprehensive will pay for damages to your vehicle in the event of an accident or other covered incident, like theft or vandalism. Although full coverage costs more, it gives you more robust coverage and may save you money if you need to file a claim. The average cost of full coverage in Oregon is $1,994 a year.

Full coverage insurance includes collision and comprehensive insurance on top of state minimum requirements. Collision and comprehensive will pay for damages to your vehicle in the event of an accident or other covered incident, like theft or vandalism. Although full coverage costs more, it gives you more robust coverage and may save you money if you need to file a claim. The average cost of full coverage in Oregon is $1,994 a year.

• Cheapest car insurance for drivers with a ticket: Capital
• Cheapest car insurance for drivers with an at-fault accident: Capital
• Cheapest car insurance for high-risk drivers: Travelers and Progressive

Cheapest insurance companies for drivers in Oregon with a speeding ticket: Capital

If you receive a speeding ticket conviction in Oregon, you may see an increase in your rate. Your insurer may determine that your driving skills make you more likely to submit future claims, leading to increased likelihood of heightened rates as your insurer covers their risk. However, it may still be possible to find cheap auto insurance in Oregon by checking out the following insurers writing some of the most affordable car insurance policies in the state.

Cheapest car insurance for drivers in Oregon with an at-fault accident: Capital

Unless you have accident forgiveness as an optional coverage on your policy, a single at-fault accident can be enough for your premium to rise. Every insurer has its own algorithms to determine how much — if at all — your rate will increase following an accident, so comparing quotes after an accident may help you find the cheapest carrier for your circumstances. The following carriers offer the cheapest average rates in Oregon for a driver with a single at-fault accident on their record.

Cheapest car insurance in Oregon for high-risk drivers: Travelers

Being deemed a high-risk driver can have a significant impact on your rate. This may occur if you have multiple speeding ticket convictions or moving violations, though few factors impact your rate as much as a DUI. Driving under the influence is taken seriously in Oregon, and your rate will typically increase if you have a DUI conviction. The following companies may offer more affordable car insurance in Oregon for those with DUIs.

Keep in mind that a DUI may make you ineligible for coverage with some insurers, so it’s important to speak with a licensed agent to verify their requirements.

Age is one of the most important factors that insurers consider when determining your premium in Oregon. Statistics show that teens are involved in accidents three times more often than older drivers. Because of this, rates for teens are generally high. Finding cheap car insurance for young adults can be a challenge, but it isn't impossible.

• Cheapest car insurance for insuring a teen driver: Travelers and Mutual of Enumclaw
• Cheapest car insurance for teens with a ticket: Capital and Travelers
• Cheapest car insurance for teens with an at-fault accident: Capital
• Cheapest car insurance for young drivers with a DUI: Travelers

Cheapest Oregon car insurance for insuring a teen driver: Travelers

Because teens do not have extensive years of experience behind the wheel, they may have a hard time finding low-cost car insurance in Oregon. In fact, teens pay some of the highest rates for insurance of any age group. Fortunately, most insurers offer discounts for teens, including discounts for students. If you’re insuring a teen driver, consider getting quotes from some of these cheap Oregon car insurance companies.

Cheapest Oregon car insurance for teens with a ticket: Capital

As is true for adult drivers, a teen with a moving violation on their record is likely to pay more for their insurance. In Oregon, Capital and Travelers offer low average rates for teens with speeding tickets on their record. The rates below are for an 18-year-old driver on their own policy with a single speeding ticket conviction.

Cheapest Oregon car insurance for teens with an at-fault accident: Capital

Teens pay some of the highest average car insurance rates, and teens with accidents on their records typically face additional surcharges on their policies for at least three years. If your teen has an accident on their record, shopping around with different carriers may help you find cheaper rates. The following carriers offer some of the lowest average rates in Oregon for a teen driver with a single at-fault accident on their record.

Cheapest Oregon car insurance for young drivers with a DUI: Travelers

Young drivers with DUIs make up one of the riskiest driving demographics. Most insurers will consider you a high-risk driver, and multiple infractions may make it difficult to find an insurer who will work with you. Based on our research, the following companies offer the lowest average rates for a 21-year-old with a single DUI conviction, but you'll need to request personalized quotes to find out if you're eligible for coverage with these carriers.

Most car insurance companies offer at least a few discounts to help you save on your car insurance rate. You can generally find a list of each company's available discounts on their website, but here are a few of the more common ones:

• Organizational discounts: Some insurers offer discounts to certain professions, such as teachers or first responders, while others offer savings to those who belong to or work at partner organizations. Many insurers also offer a discount to members of the military and veterans.
• Low-mileage discounts: Drivers who do not commute daily or drive infrequently may benefit from low-mileage insurance, which bases the premium on the number of miles driven. If you drive fewer miles than average (about 13,500 miles per year), you may want to seek out a company that offers this discount.
• Defensive driving course: In many areas, you can earn a discount for taking a state-approved defensive driving course. These courses are often low-cost and some may be taken online, making it easy to earn this type of savings. In some cases, eligibility may be limited to older drivers.