Accidents can happen on the road at any time, and when it rains, it often pours. Luckily, we’ve ranked the best car insurance companies in the country, and now we’ve tailored our research to find the best cheap car insurance in Oregon.
Read on to learn which car insurance companies are typically cheapest for Oregon drivers, plus requirements for auto insurance in the state.
5 Companies With The Best Cheap Car Insurance In Oregon
We found the best cheap car insurance in Oregon by taking into account factors such as J.D. Power customer satisfaction scores and average prices paid across the state. Overall, State Farm offers some of the most affordable coverage, followed by USAA, Country Financial, Progressive, and PEMCO.
|Best Cheap Oregon Car Insurance||Motor1 Rating||Oregon Annual Car Insurance Cost|
|1. State Farm Car Insurance||$4.60||$961|
|2. USAA Car Insurance||$4.80||$994|
|3. Country Financial Car Insurance||$4||$1,087|
|4. Progressive Car Insurance||$4.60||$1,068|
|5. PEMCO Car Insurance||4||N/A|
*You may notice that some car insurance companies are listed above those with higher star ratings. This is because our star ratings take into account nationwide factors, while our ranking looks specifically at what insurance providers are best for cheap car insurance in Oregon.
#1 State Farm: Best For Students
State Farm is the United States’ largest auto insurer and has reasonable rates and a wide array of coverage choices. State Farm’s high standards led to it being ranked the number one auto insurance provider in the Northwest in the J.D. Power 2021 U.S. Auto Insurance Study℠, with a score of 844 out of a possible 1,000 points.
Your car’s coverage is secure with State Farm auto insurance, since AM Best gives the company an A++ rating for financial health. With various driver discounts, including its Good Student discount for ages 16 to 25, State Farm offers some of the best cheap car insurance in Oregon.
|State Farm Pros||State Farm Cons|
|Largest auto insurer in the country||Slightly higher rates on average|
|Many discounts for students and teens|
|A++ financial rating from AM Best|
#2 USAA: Best For Military
USAA auto insurance is only offered to military members, veterans and their families. A USAA car insurance policy provides so many positives that anyone eligible for its services ought to give it a close look.
USAA received 884 points out of 1,000 in the J.D. Power Auto Insurance Study, meaning that it would have been the Northwest region’s top auto insurance provider if it hadn’t been disqualified from the ranking due to limits on eligibility.
|USAA Pros||USAA Cons|
|Good option for military members||Only available for military members, veterans, and their families|
|Affordable rates and numerous discounts|
|Superior customer service|
#3 Country Financial: High-Quality Regional Service
It may be available in just 19 states, but Country Financial is one of our choices for the best cheap car insurance in Oregon. Residents of the Beaver State are likely to find extensive coverage options and some of the best rates when they pick Country Financial auto insurance.
The company offers add-ons for policyholders who want extra protection for their cars, including The Keeper® new car replacement services, coverage for stolen personal items, and glass replacement. Though these features cost extra, Country Financial’s competitive pricing makes these add-ons accessible to most.
|Country Financial Pros||Country Financial Cons|
|Various coverage options and discounts||Average industry reputation|
|Generally affordable rates|
|Strong financial standing|
#4 Progressive: Best For High-Risk Drivers
Progressive car insurance has options to make auto coverage easily accessible even to those who don’t have clean driving records. The company offers a generous accident forgiveness insurance plan and takes on those who may be rejected by other insurance providers, such as teen drivers.
Progressive’s sweeping coverage options and openness to all types of motorists does mean 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.
|Progressive Pros||Progressive Cons|
|Good choice for high-risk drivers||Average customer satisfaction|
|Easy quotes process||Slightly higher rates|
|A+ financial strength rating from AM Best|
#5 PEMCO: Local Service With A Customer Focus
If you want a local insurance provider, PEMCO is one way to go. Headquartered in Seattle and offering its services only in Oregon and Washington state, PEMCO auto insurance takes pride in its focus on local communities. The company regularly donates to causes across the Pacific Northwest and encourages its employees to volunteer at local charities.
PEMCO also stands out for its customer service, earning 835 out of a possible 1,000 points in the J.D. Power Auto Insurance Study, which made it the No. 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.
|PEMCO Pros||PEMCO Cons|
|Excellent customer service||High rates for high-risk drivers|
|Good rates for low-risk drivers||Average industry reputation|
|Strong community ties|
Oregon Car Insurance Requirements
Each state sets its own minimum insurance standards that drivers must take into account before buying their car insurance policies. According to Oregon Driver & Motor Vehicle Services, all Oregon drivers must have the following minimum coverage:
- $25,000 bodily injury liability coverage per person
- $50,000 bodily injury liability insurance per accident
- $20,000 property damage liability
- $15,000 personal injury protection per person
- $25,000 uninsured motorist protection per person
- $50,000 uninsured motorist protection per accident
Types Of Insurance Required in Oregon
Here’s an overview of the types of minimum coverage that state law requires Oregon drivers to have:
- Liability car insurance refers to money given out to others when you cause an accident. This type of coverage is required in nearly every state.
- Personal injury protection (PIP) pays for medical treatment, lost wages, and days out of work caused by a car accident. Unlike in many states, Oregon drivers of most types of vehicles must carry PIP.
- Uninsured motorist protection pays for damages from motorists who get in accidents and can’t cover the costs incurred.
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 around $1,302 per year for auto insurance. This is considerably below the average rate for car insurance premiums across the U.S., which sits at $1,732 per year.
To help you better understand these rate estimates, we partnered with Quadrant Information Services to look into factors that often affect car insurance premiums. The data below should provide a clearer view as you hunt for the best cheap car insurance in Oregon.
Best Cheap Car Insurance In Oregon: Provider Comparison
|Car Insurance Company||Oregon Annual Car Insurance Cost|
Best Cheap Car Insurance In Oregon: Credit Score
One of the best ways to get the cheapest annual premiums on car insurance in Oregon is to maintain a good credit score, as rates are much higher for those with poor credit.
|Credit Rating||Oregon Annual Car Insurance Cost|
Best Cheap Car Insurance In Oregon: Driving Record
Getting a DUI or causing an accident are surefire ways to miss out on the best cheap car insurance in Oregon. Each can lead to price increases of nearly $700 over those with clean driving records.
|Driving Record||Oregon Annual Car Insurance Cost|
Best Cheap Car Insurance In Oregon: City Comparison
Those in the Portland area can expect to pay higher auto 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 parts of the state.
|City||Oregon Annual Car Insurance Cost|
What To Know About Driving In Oregon
Oregon residents drove an average of about 12,000 highway miles in 2019, according to the Bureau of Transportation Statistics, which is one of the lowest rates in the U.S. In 2019, the state saw 489 highway fatalities, which comes out to 11.6 deaths per 100,000. The Insurance Institute for Highway Safety found that the national average was a little bit lower, at 11 deaths per 100,000 people.
Between Oregon’s drizzly weather, twisty roads, and sizable number of pedestrians and bicyclists, it’s important to be a safe driver. Avoiding potential dangers can help you get some of the best cheap car insurance in Oregon.
Final Thoughts: Best Cheap Car Insurance In Oregon
Oregon car insurance rates sit below the national average, which is good considering the state’s extensive minimum requirements for insurance coverage. We searched for Oregon’s most affordable options, 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 auto insurance plan is by comparing personalized quotes from providers.
Frequently Asked Questions
In an effort to provide accurate and unbiased information to consumers, our expert review team collects data from dozens of auto insurance providers to formulate rankings of the best insurers. Companies receive a score in each of the following categories, as well as an overall weighted score out of 5.0 stars.
- Industry Standing: Insurers with strong financial ratings and customer-first business practices receive the highest scores in this category.
- Availability: We consider availability by state as well as exclusions for specific groups of drivers.
- Coverage: This rating is based on types of insurance available, maximum coverage limits, and add-on policies.
- Cost and Discounts: Our research team reviews sample quotes for a variety of drivers in every state. Companies with lower prices and many car insurance discount opportunities receive the best scores.
- Customer Service: We comb through customer reviews and consumer feedback studies from experts like J.D. Power.
- Technology: Auto insurers with mobile apps, advanced online services and telematics are more likely to meet consumer needs.