The Cheapest Car Insurance in Oregon for March 2024

CIG offers the cheapest car insurance in Oregon, with an average annual rate of $1,156 for full coverage.
Ben Moore
By Ben Moore 
Updated
Edited by Lacie Glover

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Auto insurance is an important purchase, but finding cheap car insurance in Oregon isn’t always easy. The best way to find cheap car insurance is to compare rates from multiple insurers.

The cheapest car insurance company in Oregon is CIG at $1,156 per year on average, or $96 per month, according to the most recent NerdWallet analysis of full coverage car insurance rates in Oregon. Meanwhile, the average cost of full coverage car insurance in Oregon is $1,874 per year, or about $156 per month.

Minimum coverage in Oregon is $854 per year on average, but we found you can likely get a cheaper policy. For example, CIG offers the cheapest rates in Oregon at $537 per year, on average, for minimum coverage car insurance for a 35-year-old driver with a clean driving record.

NerdWallet also analyzed car insurance rates to find the cheapest options in Portland.

How we chose the cheapest companies in Oregon

NerdWallet’s editorial team analyzed car insurance rates from 18 auto insurers in Oregon and listed the five cheapest options for drivers in several age brackets and with different histories, all driving a 2020 Toyota Camry L. For minimum coverage, we looked at rates that reflect the minimum requirements in Oregon. For full coverage, we used the below 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 coverage per person.

  • $300,000 uninsured motorist coverage per accident.

  • Collision coverage with a $1,000 deductible.

  • Comprehensive coverage with a $1,000 deductible.

Our writers and editors follow strict editorial guidelines to ensure fairness and accuracy in our writing and data analyses. You can trust the prices we show you because our data analysts take rigorous measures to eliminate outliers and inaccuracies in pricing data, which include rates from every locale in Oregon where coverage is offered and data is available. When comparing rates for different coverage amounts, ages and backgrounds, we change only one variable at a time, so you can easily see how each factor affects pricing.

Cheapest for 20-year-old drivers

Drivers in their 20s may have to get a lot of quotes to find the best cheap car insurance. Prices can be sky-high for younger 20-somethings, but tend to come down as drivers get more experience on the road. Still, some companies routinely have better insurance rates for young drivers, so it's best to shop around to find them.

Cheapest full coverage car insurance in Oregon for 20-year-olds

Drivers in Oregon with clean driving records may want to consider the following companies, which had the lowest average rates:

  1. CIG: $1,782 per year, or about $149 per month.
  2. QBE: $1,952 per year, or about $163 per month.
  3. Country Financial: $3,167 per year, or about $264 per month.
  4. Kemper: $3,168 per year, or about $264 per month.
  5. Geico: $3,271 per year, or about $273 per month.

Cheapest minimum coverage car insurance in Oregon for 20-year-olds

Drivers in Oregon who want just the state minimum coverage may want to check with these companies, which had the lowest average rates:

  1. CIG: $750 per year, or about $63 per month.
  2. QBE: $792 per year, or about $66 per month.
  3. Geico: $1,226 per year, or about $102 per month.
  4. Country Financial: $1,256 per year, or about $105 per month.
  5. State Farm: $1,348 per year, or about $112 per month.

Cheapest auto insurance in Oregon for 20-year-olds with poor credit

Drivers with poor credit in Oregon should look at the following insurers with the lowest average rates for minimum coverage:

  1. CIG: $1,096 per year, or about $91 per month.
  2. Geico: $1,582 per year, or about $132 per month.
  3. QBE: $1,595 per year, or about $133 per month.
  4. Progressive: $2,294 per year, or about $191 per month.
  5. Country Financial: $2,297 per year, or about $191 per month.

Cheapest auto insurance in Oregon for 20-year-old drivers with one speeding ticket

For drivers with a recent speeding ticket in Oregon, here are the companies with the lowest average rates for minimum coverage:

  1. CIG: $836 per year, or about $70 per month.
  2. QBE: $1,055 per year, or about $88 per month.
  3. Geico: $1,485 per year, or about $124 per month.
  4. State Farm: $1,513 per year, or about $126 per month.
  5. Progressive: $1,664 per year, or about $139 per month.

Cheapest auto insurance in Oregon for 20-year-old drivers with one at-fault crash

For drivers with a recent accident in Oregon, here are the companies with the lowest average rates for minimum coverage:

  1. CIG: $916 per year, or about $76 per month.
  2. QBE: $1,055 per year, or about $88 per month.
  3. State Farm: $1,763 per year, or about $147 per month.
  4. Geico: $1,803 per year, or about $150 per month.
  5. Progressive: $1,817 per year, or about $151 per month.

Cheapest auto insurance in Oregon for 20-year-old drivers after a DUI

The cheapest auto insurance we found after a DUI is shown here, alongside the insurers' average rates for minimum coverage.

  1. CIG: $1,058 per year, or about $88 per month.
  2. QBE: $1,407 per year, or about $117 per month.
  3. Progressive: $1,608 per year, or about $134 per month.
  4. State Farm: $1,988 per year, or about $166 per month.
  5. Country Financial: $2,028 per year, or about $169 per month.

Cheapest for 30-year-old drivers

By the time they reach their 30s, most drivers will enjoy cheaper car insurance rates than in their teens and 20s. Still, factors like a person’s driving record and car make and model can increase prices. Drivers in their 30s can get lower rates by shopping around and taking advantage of any car insurance discounts.

Cheapest full coverage car insurance in Oregon for 30-year-olds

Drivers in Oregon who want their state's minimum coverage can check with the following companies, which had the lowest average rates:

  1. QBE: $1,193 per year, or about $99 per month.
  2. CIG: $1,198 per year, or about $100 per month.
  3. Oregon Mutual: $1,568 per year, or about $131 per month.
  4. American Family: $1,587 per year, or about $132 per month.
  5. State Farm: $1,647 per year, or about $137 per month.

Cheapest minimum coverage car insurance in Oregon for 30-year-olds

Drivers in Oregon who want their state's minimum coverage can check with the following companies, which had the lowest average rates:

  1. CIG: $542 per year, or about $45 per month.
  2. QBE: $588 per year, or about $49 per month.
  3. State Farm: $607 per year, or about $51 per month.
  4. Geico: $642 per year, or about $53 per month.
  5. Country Financial: $688 per year, or about $57 per month.

Cheapest auto insurance in Oregon for 30-year-olds with poor credit

Drivers with poor credit in Oregon should consider the following companies with the lowest average rates for full coverage:

  1. CIG: $1,690 per year, or about $141 per month.
  2. Kemper: $1,788 per year, or about $149 per month.
  3. QBE: $2,121 per year, or about $177 per month.
  4. Oregon Mutual: $2,152 per year, or about $179 per month.
  5. Geico: $2,692 per year, or about $224 per month.

Cheapest auto insurance in Oregon for 30-year-old drivers with one speeding ticket

For drivers with a recent speeding ticket in Oregon, here are the companies with the lowest average rates for minimum coverage:

  1. CIG: $583 per year, or about $49 per month.
  2. State Farm: $691 per year, or about $58 per month.
  3. Geico: $786 per year, or about $65 per month.
  4. QBE: $835 per year, or about $70 per month.
  5. Oregon Mutual: $862 per year, or about $72 per month.

Cheapest auto insurance in Oregon for 30-year-old drivers with one at-fault crash

For drivers in Oregon with a recent accident, here are the lowest average rate options for full coverage:

  1. CIG: $1,513 per year, or about $126 per month.
  2. QBE: $1,705 per year, or about $142 per month.
  3. Oregon Mutual: $1,975 per year, or about $165 per month.
  4. State Farm: $2,102 per year, or about $175 per month.
  5. American Family: $2,267 per year, or about $189 per month.

Cheapest auto insurance in Oregon for 30-year-old drivers after a DUI

For the cheapest auto insurance after a DUI, we found the following options for full coverage.

  1. CIG: $1,638 per year, or about $137 per month.
  2. American Family: $2,329 per year, or about $194 per month.
  3. Progressive: $2,336 per year, or about $195 per month.
  4. State Farm: $2,345 per year, or about $195 per month.
  5. QBE: $2,434 per year, or about $203 per month.

Cheapest for 40-year-old drivers

Drivers in their 40s tend to have better insurance rates than their younger counterparts on average, but still pay more than older age groups. Shopping around for cheap car insurance quotes with multiple insurers is the best way to find lower rates. Good drivers who don’t get behind the wheel often might want to consider pay-per-mile insurance, which charges drivers by how many miles they drive.

Cheapest full coverage car insurance in Oregon for 40-year-olds

Drivers in Oregon with clean driving records may want to think about the following companies, which had the lowest average rates:

  1. CIG: $1,110 per year, or about $93 per month.
  2. QBE: $1,211 per year, or about $101 per month.
  3. American Family: $1,416 per year, or about $118 per month.
  4. Oregon Mutual: $1,447 per year, or about $121 per month.
  5. State Farm: $1,604 per year, or about $134 per month.

Cheapest minimum coverage car insurance in Oregon for 40-year-olds

Drivers in Oregon who want just the minimum coverage may want to check prices from these companies, which had the lowest average rates:

  1. CIG: $536 per year, or about $45 per month.
  2. State Farm: $618 per year, or about $51 per month.
  3. QBE: $620 per year, or about $52 per month.
  4. Geico: $631 per year, or about $53 per month.
  5. Country Financial: $642 per year, or about $54 per month.

Cheapest auto insurance in Oregon for 40-year-olds with poor credit

Drivers with poor credit in Oregon can check out the following insurers with the lowest average rates for full coverage:

  1. CIG: $1,572 per year, or about $131 per month.
  2. Kemper: $1,639 per year, or about $137 per month.
  3. QBE: $2,018 per year, or about $168 per month.
  4. Oregon Mutual: $2,034 per year, or about $170 per month.
  5. American Family: $2,503 per year, or about $209 per month.

Cheapest auto insurance in Oregon for 40-year-old drivers with one speeding ticket

For drivers with a recent speeding ticket in Oregon, here are the companies with the lowest average rates for minimum coverage:

  1. CIG: $574 per year, or about $48 per month.
  2. State Farm: $692 per year, or about $58 per month.
  3. Geico: $770 per year, or about $64 per month.
  4. Oregon Mutual: $814 per year, or about $68 per month.
  5. Country Financial: $851 per year, or about $71 per month.

Cheapest auto insurance in Oregon for 40-year-old drivers with one at-fault crash

For drivers with a recent accident living in Oregon, here are the companies with the lowest average rates for full coverage:

  1. CIG: $1,376 per year, or about $115 per month.
  2. QBE: $1,814 per year, or about $151 per month.
  3. Oregon Mutual: $1,893 per year, or about $158 per month.
  4. State Farm: $2,047 per year, or about $171 per month.
  5. American Family: $2,267 per year, or about $189 per month.

Cheapest auto insurance in Oregon for 40-year-old drivers after a DUI

The cheapest full coverage auto insurance we found for drivers with a DUI came from the following companies.

  1. CIG: $1,492 per year, or about $124 per month.
  2. Progressive: $2,188 per year, or about $182 per month.
  3. State Farm: $2,284 per year, or about $190 per month.
  4. American Family: $2,329 per year, or about $194 per month.
  5. Oregon Mutual: $2,526 per year, or about $211 per month.

Cheapest for 50-year-old drivers

Drivers in their 50s have cheaper car insurance rates than most other age groups on average. Prices will continue to drop as they inch toward their 60s and gain more driving experience. Rates can still vary depending on other factors such as a driver’s gender and location, so it’s smart to shop around to find the best rate. Our list of cheap auto insurance companies is a good place to start.

Cheapest full coverage car insurance in Oregon for 50-year-olds

Drivers in Oregon with clean driving records may want to get quotes from these insurers, which had the lowest average rates:

  1. CIG: $1,080 per year, or about $90 per month.
  2. QBE: $1,263 per year, or about $105 per month.
  3. American Family: $1,294 per year, or about $108 per month.
  4. Oregon Mutual: $1,332 per year, or about $111 per month.
  5. Kemper: $1,450 per year, or about $121 per month.

Cheapest minimum coverage car insurance in Oregon for 50-year-olds

Drivers in Oregon who opt for the state minimum coverage may want to consider the following companies, with the lowest average rates:

  1. CIG: $530 per year, or about $44 per month.
  2. Geico: $580 per year, or about $48 per month.
  3. State Farm: $602 per year, or about $50 per month.
  4. Country Financial: $633 per year, or about $53 per month.
  5. Oregon Mutual: $674 per year, or about $56 per month.

Cheapest auto insurance in Oregon for 50-year-olds with poor credit

Drivers with poor credit in Oregon can check with the following companies, which showed the lowest average rates for full coverage:

  1. Kemper: $1,450 per year, or about $121 per month.
  2. CIG: $1,532 per year, or about $128 per month.
  3. Oregon Mutual: $1,860 per year, or about $155 per month.
  4. QBE: $2,077 per year, or about $173 per month.
  5. American Family: $2,315 per year, or about $193 per month.

Cheapest auto insurance in Oregon for 50-year-old drivers with one speeding ticket

For drivers with a recent speeding ticket in Oregon, here are the companies with the lowest average rates for minimum coverage:

  1. CIG: $566 per year, or about $47 per month.
  2. State Farm: $676 per year, or about $56 per month.
  3. Geico: $705 per year, or about $59 per month.
  4. Oregon Mutual: $766 per year, or about $64 per month.
  5. Country Financial: $838 per year, or about $70 per month.

Cheapest auto insurance in Oregon for 50-year-old drivers with one at-fault crash

For drivers living in Oregon with a recent accident, here are the insurers with the lowest average full coverage rates:

  1. CIG: $1,339 per year, or about $112 per month.
  2. Oregon Mutual: $1,792 per year, or about $149 per month.
  3. State Farm: $1,989 per year, or about $166 per month.
  4. QBE: $2,020 per year, or about $168 per month.
  5. American Family: $2,086 per year, or about $174 per month.

Cheapest auto insurance in Oregon for 50-year-old drivers after a DUI

The cheapest auto insurance we found for drivers with a recent DUI comes from the following companies, listed with rates for full coverage.

  1. CIG: $1,448 per year, or about $121 per month.
  2. Progressive: $1,993 per year, or about $166 per month.
  3. American Family: $2,096 per year, or about $175 per month.
  4. State Farm: $2,221 per year, or about $185 per month.
  5. Oregon Mutual: $2,414 per year, or about $201 per month.

Cheapest for 60-year-old drivers

Although 60-year-olds have cheaper car insurance rates than many other age groups on average, prices will start increasing as they get older. To find cheap car insurance for seniors, drivers in their 60s should make sure to shop around to find the best rate. Drivers in this age group should also take advantage of any available discounts for senior citizens.

Cheapest full coverage car insurance in Oregon for 60-year-olds

Drivers in Oregon with clean driving records may want to think about getting quotes from these companies, which had the lowest average rates:

  1. CIG: $1,040 per year, or about $87 per month.
  2. QBE: $1,247 per year, or about $104 per month.
  3. American Family: $1,290 per year, or about $108 per month.
  4. Kemper: $1,305 per year, or about $109 per month.
  5. Oregon Mutual: $1,402 per year, or about $117 per month.

Cheapest minimum coverage car insurance in Oregon for 60-year-olds

Drivers in Oregon who want just the state minimum coverage may want to check with these insurers, which had the lowest average rates:

  1. CIG: $518 per year, or about $43 per month.
  2. State Farm: $561 per year, or about $47 per month.
  3. Geico: $587 per year, or about $49 per month.
  4. Country Financial: $627 per year, or about $52 per month.
  5. QBE: $665 per year, or about $55 per month.

Cheapest auto insurance in Oregon for 60-year-olds with poor credit

Drivers with poor credit in Oregon can look at the following companies with the lowest average rates for full coverage:

  1. Kemper: $1,305 per year, or about $109 per month.
  2. CIG: $1,478 per year, or about $123 per month.
  3. Oregon Mutual: $1,944 per year, or about $162 per month.
  4. QBE: $1,955 per year, or about $163 per month.
  5. American Family: $2,310 per year, or about $192 per month.

Cheapest auto insurance in Oregon for 60-year-old drivers with one speeding ticket

For drivers with a recent speeding ticket in Oregon, here are the companies with the lowest average rates for minimum coverage:

  1. CIG: $558 per year, or about $47 per month.
  2. State Farm: $630 per year, or about $52 per month.
  3. Geico: $715 per year, or about $60 per month.
  4. Oregon Mutual: $794 per year, or about $66 per month.
  5. Country Financial: $831 per year, or about $69 per month.

Cheapest auto insurance in Oregon for 60-year-old drivers with one at-fault crash

For drivers with a recent accident living in Oregon, here are the companies with the lowest average rates for full coverage:

  1. CIG: $1,293 per year, or about $108 per month.
  2. State Farm: $1,849 per year, or about $154 per month.
  3. Oregon Mutual: $1,928 per year, or about $161 per month.
  4. QBE: $2,007 per year, or about $167 per month.
  5. Kemper: $2,021 per year, or about $168 per month.

Cheapest auto insurance in Oregon for 60-year-old drivers after a DUI

The cheapest auto insurance we found after a DUI came from the following companies, shown with their average rates for full coverage.

  1. CIG: $1,398 per year, or about $117 per month.
  2. Progressive: $1,876 per year, or about $156 per month.
  3. State Farm: $2,063 per year, or about $172 per month.
  4. American Family: $2,096 per year, or about $175 per month.
  5. Country Financial: $2,374 per year, or about $198 per month.

Cheapest for 70-year-old drivers

Car insurance costs may start to rise for 70-year-old drivers. To find the cheapest possible coverage, shop around and compare quotes from multiple companies. Also, look for insurers that offer discounts for seniors. For example, some insurers offer discounts to senior drivers who take a defensive driving course.

Cheapest full coverage car insurance in Oregon for 70-year-olds

Drivers in Oregon with clean driving records may want to think about getting quotes from these companies, which had the lowest average rates:

  1. CIG: $1,081 per year, or about $90 per month.
  2. QBE: $1,353 per year, or about $113 per month.
  3. Kemper: $1,397 per year, or about $116 per month.
  4. American Family: $1,422 per year, or about $119 per month.
  5. State Farm: $1,532 per year, or about $128 per month.

Cheapest minimum coverage car insurance in Oregon for 70-year-olds

Drivers in Oregon who want just the state minimum coverage may want to check with these insurers, which had the lowest average rates:

  1. CIG: $538 per year, or about $45 per month.
  2. State Farm: $601 per year, or about $50 per month.
  3. Country Financial: $702 per year, or about $58 per month.
  4. Geico: $704 per year, or about $59 per month.
  5. QBE: $762 per year, or about $64 per month.

Cheapest auto insurance in Oregon for 70-year-olds with poor credit

Drivers with poor credit in Oregon can look at the following companies with the lowest average rates for full coverage:

  1. Kemper: $1,397 per year, or about $116 per month.
  2. CIG: $1,530 per year, or about $128 per month.
  3. QBE: $2,048 per year, or about $171 per month.
  4. Oregon Mutual: $2,496 per year, or about $208 per month.
  5. American Family: $2,538 per year, or about $212 per month.

Cheapest auto insurance in Oregon for 70-year-old drivers with one speeding ticket

For drivers with a recent speeding ticket in Oregon, here are the companies with the lowest average rates for minimum coverage:

  1. CIG: $577 per year, or about $48 per month.
  2. State Farm: $675 per year, or about $56 per month.
  3. Geico: $858 per year, or about $72 per month.
  4. Country Financial: $931 per year, or about $78 per month.
  5. Oregon Mutual: $1,038 per year, or about $87 per month.

Cheapest auto insurance in Oregon for 70-year-old drivers with one at-fault crash

For drivers with a recent accident living in Oregon, here are the companies with the lowest average rates for full coverage:

  1. CIG: $1,358 per year, or about $113 per month.
  2. State Farm: $1,963 per year, or about $164 per month.
  3. Kemper: $2,185 per year, or about $182 per month.
  4. American Family: $2,287 per year, or about $191 per month.
  5. QBE: $2,351 per year, or about $196 per month.

Cheapest auto insurance in Oregon for 70-year-old drivers after a DUI

The cheapest auto insurance we found after a DUI came from the following companies, shown with their average rates for full coverage.

  1. CIG: $1,476 per year, or about $123 per month.
  2. State Farm: $2,195 per year, or about $183 per month.
  3. Progressive: $2,290 per year, or about $191 per month.
  4. American Family: $2,355 per year, or about $196 per month.
  5. Country Financial: $2,526 per year, or about $211 per month.

Cheapest car insurance for military families

If you're an active member of the military or a veteran — or have an immediate family member who is — chances are you'll get a relatively cheap rate with USAA, a company that isn't available to the general public.

Because of that restriction, USAA isn't ranked with the others, but it was among the cheapest three auto insurance options for 64 of the 70 driver profiles we examined.

Minimum auto insurance limits required in Oregon

Oregon requires drivers to carry liability insurance, uninsured motorist bodily injury coverage and personal injury protection.

Here are the minimum limits you must select for each coverage type:

  • $25,000 bodily injury liability per person.

  • $50,000 bodily injury liability per crash.

  • $20,000 property damage liability per crash.

  • $25,000 uninsured motorist bodily injury per person.

  • $50,000 uninsured motorist bodily injury per crash.

  • $15,000 personal injury protection.

Liability car insurance covers the cost of any damage, injuries or deaths you cause in a car accident, up to your policy’s predefined limits.

Uninsured motorist coverage will cover expenses from injuries or damage after an accident with a driver who doesn’t have car insurance. Underinsured motorist coverage will cover the same expenses if you’re hit by a driver with some car insurance, but not enough to cover all costs from the crash.

Personal injury protection will cover your medical bills and expenses if you’re injured in a car crash, up to your policy limits, no matter whose fault it was. Depending on your state, PIP may also pay for:

  • Lost wages if you’re unable to work due to injuries from an accident.

  • Services you can no longer perform, like house cleaning or child care, because of your injuries.

  • Funeral costs if an accident-related injury leads to death.

  • A small death benefit as a cash payout.

See our guide to car insurance requirements by state for a detailed breakdown of how these coverages work and to learn about optional coverage types you might want to add, such as collision and comprehensive.

Alternative car insurance for high-risk drivers

If you’re denied car insurance on the voluntary market because of DUIs, at-fault crashes or other reasons, you can seek coverage through the Automobile Insurance Plan of Oregon.

For more help getting a great deal on insurance in Oregon, try NerdWallet’s car insurance comparison tool, which provides quotes from the state’s largest insurers.

Methodology

For our “good driver” profile, NerdWallet averaged insurance estimates for single male and female drivers with good credit and no tickets or violations. The analysis included 5-10 of the largest insurance companies in each state; smaller insurers were also included when rates were available. Liberty Mutual and its subsidiaries were excluded from our analysis as rates were not available.

For full coverage policies, we used the following 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 coverage per person.

  • $300,000 uninsured motorist coverage per accident.

  • Collision coverage with a $1,000 deductible.

  • Comprehensive coverage with a $1,000 deductible.

In states where required, minimum additional coverages were added. Some policies include additional coverages at the insurer’s discretion.

We used a 2021 Toyota Camry LE for all drivers and assumed 12,000 annual miles driven.

We analyzed rates for drivers 20 to 70 years old in ten-year increments. For the average cost of full and minimum coverage in each state, we looked at 35-year-old drivers.

We used the same assumptions for all other driver profiles, with the following exceptions:

  • For drivers with minimum coverage, we adjusted the numbers above to reflect the minimum required coverage by law in the state.

  • We changed the credit tier from “good” to “poor” as reported to the insurer to see rates for drivers with poor credit.

  • For drivers with one at-fault crash, we added a single at-fault crash that happened six months ago, resulting in $10,000 in property damage and no bodily injury claim.

  • For drivers with a DUI, we added a single drunken driving violation that happened six months ago.

We looked at 35-year-old drivers to find the cheapest company overall, the cheapest company for minimum coverage and the cheapest company for drivers with poor credit in states where credit history is used to price rates. We looked at 20-year-old drivers to find the cheapest company for young drivers.

These are rates generated through Quadrant Information Services. Your own rates will be different. Some insurance companies included in this article may have made changes in their underwriting practices and no longer issue new policies in your state.

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