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Best Cheap Car Insurance in Oregon for 2021

April 30, 2021
Auto Insurance, Insurance
Many or all of the products featured here are from our partners who compensate us. This may influence which products we write about and where and how the product appears on a page. However, this does not influence our evaluations. Our opinions are our own.

If you’re looking for cheap car insurance in Oregon, your best bet is to shop around. There are enormous differences in rates depending on the company you choose. Your credit and whether you’ve had crashes also help determine which insurer is cheapest for you.

We gathered quotes from 33 insurers in the Beaver State and ranked the five cheapest options for various driver groups.

Cheapest car insurance in Oregon for 20-year-old drivers

Young drivers may have to get a lot of quotes to find 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. To cut down on costs, young drivers might want to consider buying only state-mandated coverage, rather than full coverage insurance. Still, some companies routinely have lower insurance rates for drivers in their 20s, so it's best to shop around to find them.

Many insurance companies offer ways for young drivers to save, such as good student discounts for those in college or premium reductions for those who take a defensive driving course. If you live in an apartment, consider getting your renters and auto insurance from the same company to take advantage of bundling discounts.

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. QBE: $1,403 per year.
  2. CIG: $1,872 per year.
  3. Mutual of Enumclaw: $2,019 per year.
  4. Travelers: $2,045 per year.
  5. Country Financial: $2,119 per year.

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. QBE: $620 per year.
  2. CIG: $798 per year.
  3. Travelers: $817 per year.
  4. Geico: $1,018 per year.
  5. California Casualty: $1,028 per year.

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: $1,144 per year.
  2. Geico: $1,218 per year.
  3. QBE: $1,233 per year.
  4. Travelers: $1,459 per year.
  5. Country Financial: $1,610 per year.

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. QBE: $996 per year.
  2. CIG: $1,018 per year.
  3. Travelers: $1,047 per year.
  4. Country Financial: $1,197 per year.
  5. California Casualty: $1,343 per year.

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. QBE: $1,127 per year.
  2. Travelers: $1,204 per year.
  3. CIG: $1,206 per year.
  4. Country Financial: $1,535 per year.
  5. Progressive: $1,537 per year.

Cheapest car insurance in Oregon for 30-year-old drivers

By the time they reach their 30s, most drivers 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 car insurance discounts. You may be able to save by insuring multiple vehicles with the same carrier, or by bundling your auto policy with your home insurance. Also, keep an eye out for discounts based on your profession or affiliations; some insurers offer more affordable insurance rates for teachers, members of the military or alumni of certain colleges.

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

Drivers in Oregon with clean driving records may get the lowest rates from these companies:

  1. QBE: $886 per year.
  2. Oregon Mutual: $984 per year.
  3. Nationwide: $1,063 per year.
  4. Travelers: $1,173 per year.
  5. CIG: $1,181 per year.

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. QBE: $460 per year.
  2. Travelers: $512 per year.
  3. Oregon Mutual: $521 per year.
  4. CIG: $522 per year.
  5. Geico: $537 per year.

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. Oregon Mutual: $1,331 per year.
  2. Nationwide: $1,468 per year.
  3. QBE: $1,561 per year.
  4. Geico: $1,620 per year.
  5. CIG: $1,647 per year.

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. Oregon Mutual: $1,201 per year.
  2. American Family: $1,491 per year.
  3. CIG: $1,541 per year.
  4. Travelers: $1,543 per year.
  5. State Farm: $1,544 per year.

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. Oregon Mutual: $1,558 per year.
  2. CIG: $1,698 per year.
  3. Travelers: $1,712 per year.
  4. Progressive: $1,725 per year.
  5. QBE: $1,813 per year.

Cheapest car insurance in Oregon for 40-year-old drivers

Drivers in their 40s tend to have better insurance rates than their younger counterparts 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.

Ask about discounts for signing up for autopay, paying your premium in full rather than quarterly or monthly, and opting for electronic statements. If you own your home, consider insuring it with the company that provides your auto insurance; most carriers offer bundling discounts.

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. QBE: $905 per year.
  2. Oregon Mutual: $906 per year.
  3. Nationwide: $1,015 per year.
  4. Travelers: $1,066 per year.
  5. CIG: $1,085 per year.

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. QBE: $487 per year.
  2. Oregon Mutual: $487 per year.
  3. Travelers: $492 per year.
  4. CIG: $512 per year.
  5. Geico: $529 per year.

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. Oregon Mutual: $1,254 per year.
  2. Nationwide: $1,403 per year.
  3. QBE: $1,492 per year.
  4. CIG: $1,521 per year.
  5. Geico: $1,583 per year.

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. Oregon Mutual: $1,136 per year.
  2. American Family: $1,337 per year.
  3. CIG: $1,393 per year.
  4. Travelers: $1,494 per year.
  5. State Farm: $1,523 per year.

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. Oregon Mutual: $1,493 per year.
  2. CIG: $1,537 per year.
  3. Progressive: $1,639 per year.
  4. American Family: $1,655 per year.
  5. Travelers: $1,662 per year.

Cheapest car insurance in Oregon for 50-year-old drivers

Drivers in their 50s have, on average, cheaper auto insurance rates than most other age groups. 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 cheapest price you can. Our list of the best cheap car insurance companies is a good place to start.

Some insurers offer senior discounts to policyholders in their 50s, though some may require you to take a defensive driving course to snag the savings. If you’ve been with your insurer for many years, you may qualify for a loyalty discount. Still, it’s a good idea to check with other companies periodically to make sure you’re not paying too much.

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. Oregon Mutual: $839 per year.
  2. QBE: $943 per year.
  3. Nationwide: $953 per year.
  4. Mutual of Enumclaw: $1,003 per year.
  5. Travelers: $1,042 per year.

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. Oregon Mutual: $450 per year.
  2. Travelers: $481 per year.
  3. Geico: $487 per year.
  4. CIG: $504 per year.
  5. Mutual of Enumclaw: $529 per year.

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. Oregon Mutual: $1,150 per year.
  2. Nationwide: $1,318 per year.
  3. Geico: $1,421 per year.
  4. CIG: $1,481 per year.
  5. QBE: $1,532 per year.

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. Oregon Mutual: $1,075 per year.
  2. American Family: $1,243 per year.
  3. CIG: $1,352 per year.
  4. Travelers: $1,459 per year.
  5. State Farm: $1,498 per year.

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. Oregon Mutual: $1,426 per year.
  2. CIG: $1,492 per year.
  3. Progressive: $1,495 per year.
  4. American Family: $1,530 per year.
  5. Travelers: $1,622 per year.

Cheapest car insurance for 65-year-old drivers in Oregon

Although 65-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 auto insurance for seniors, drivers in their mid-60s should shop around to find the lowest rate.

Drivers in this age group should also take advantage of any available discounts for senior citizens. For example, some companies will discount your rate if you take a defensive driving course. You may also be able to save money after retirement if you’re driving fewer miles each year.

Finally, consider whether you need all the coverage you currently have. If you’re not commuting to work each day, for instance, you may not need rental reimbursement coverage when your own car is in the shop for repairs.

Cheapest full coverage car insurance in Oregon for 65-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. Nationwide: $904 per year.
  2. QBE: $940 per year.
  3. Oregon Mutual: $960 per year.
  4. CIG: $980 per year.
  5. Travelers: $1,008 per year.

Cheapest minimum coverage car insurance in Oregon for 65-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: $477 per year.
  2. Travelers: $487 per year.
  3. Oregon Mutual: $502 per year.
  4. Geico: $511 per year.
  5. California Casualty: $551 per year.

Cheapest auto insurance in Oregon for 65-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. Nationwide: $1,249 per year.
  2. Oregon Mutual: $1,311 per year.
  3. CIG: $1,377 per year.
  4. QBE: $1,425 per year.
  5. Geico: $1,438 per year.

Cheapest auto insurance in Oregon for 65-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: $1,257 per year.
  2. Oregon Mutual: $1,262 per year.
  3. American Family: $1,277 per year.
  4. State Farm: $1,415 per year.
  5. Nationwide: $1,440 per year.

Cheapest auto insurance in Oregon for 65-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: $1,382 per year.
  2. American Family: $1,580 per year.
  3. Progressive: $1,603 per year.
  4. Travelers: $1,667 per year.
  5. Oregon Mutual: $1,676 per year.

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 five auto insurance options for 31 of the 40 driver profiles we examined.

» MORE: Best car insurance for veterans and military

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 from an average of 14 insurers in each state and Washington, D.C., 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 2018 Toyota Camry L for all drivers and assumed 12,000 annual miles driven.
  • We analyzed rates for drivers 20 to 80 years old in five-year increments.

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 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.

These are rates generated through Quadrant Information Services. Your own rates will be different.