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Best Cheap Car Insurance in Oregon for 2020

Jan. 2, 2020
Auto Insurance, Insurance
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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 the 10 largest insurers in the Beaver State and ranked the five cheapest options for various driver groups.

Cheapest for good drivers in Oregon

For Oregonians with a clean driving history and good credit, the cheapest car insurance companies and their average rates for full coverage are:

  1. Geico: $1,001 per year.
  2. Country Financial: $1,145 per year.
  3. Travelers: $1,225 per year.
  4. State Farm: $1,293 per year.
  5. Safeco: $1,312 per year.
Drivers with no recent accidents or violations can get cheaper car insurance rates for having good credit. For this calculation, NerdWallet averaged rates for 40-year-old men and women with a clean driving record and good credit. In terms of driving and credit history, a large portion of drivers are closest to this profile, which carries standard "full coverage" insurance, including comprehensive and collision, along with state-required coverage. Prices shown include a good driver discount, when available from the insurer.

Cheapest for minimum coverage in Oregon

Drivers looking for bare-bones auto insurance in Oregon might want to get a quote from these companies, which showed the cheapest average rates for minimum required coverage:

  1. Geico: $454 per year.
  2. Country Financial: $534 per year.
  3. Travelers: $642 per year.
  4. State Farm: $655 per year.
  5. Progressive: $745 per year.
We calculated these numbers by averaging rates for 40-year-old good drivers (earning them a discount if the insurer offers one) who have only the minimum mandatory insurance in their state. Such light coverage isn't typically recommended since it might not cover all the bills resulting from a car accident, but it's better than nothing — especially if you can't afford much more. If you're looking for the cheapest possible insurance you can get, though, you'll still want to get quotes from at least three auto insurers.

Cheapest for good drivers with poor credit

For Oregon drivers with poor credit and a clean driving record, these are the cheapest insurers and average rates for full coverage:

  1. Geico: $1,364 per year.
  2. Country Financial: $1,762 per year.
  3. American Family: $2,160 per year.
  4. Travelers: $2,224 per year.
  5. Progressive: $2,411 per year.
If you have a spotty credit history, it's important to shop around to find the cheapest auto insurance rates you can. Poor credit can have a bigger effect on car insurance premiums than even a DUI conviction or a recent at-fault crash, but prices vary by insurer. To calculate these figures, NerdWallet averaged rates for 40-year-olds with a clean driving record and associated good driver discount, if the insurer offered one. They had poor credit as reported to their insurer, and standard "full coverage" car insurance.

Cheapest for drivers with one at-fault crash

For a driver in Oregon with a recent at-fault accident on record, the cheapest insurance companies and their average rates for full coverage are:

  1. American Family: $1,369 per year.
  2. Safeco: $1,633 per year.
  3. Country Financial: $1,634 per year.
  4. State Farm: $1,691 per year.
  5. Travelers: $1,764 per year.
After a relatively minor crash, some auto insurers will charge a lot more than others for coverage. To get these figures, we averaged rates for 40-year-olds with typical "full coverage" insurance and one recent at-fault crash costing $10,000 in property damage. Your rates will remain high for three to five years after you cause an accident or have a moving violation — and you still may be rejected for coverage from certain companies, including those above. If you fall into this category, be sure to shop for new insurance rates just after the three-year and five-year anniversaries of your infraction.

Cheapest insurance after a DUI in Oregon

For an Oregonian whose driving record includes a recent DUI, these are the cheapest insurers and their average rates for full coverage:

  1. American Family: $1,369 per year.
  2. Country Financial: $1,681 per year.
  3. Progressive: $1,723 per year.
  4. Safeco: $1,748 per year.
  5. State Farm: $1,927 per year.
A conviction for driving under the influence, or DUI, generally results in higher auto insurance premiums than before. NerdWallet analyzed rates for 40-year-old drivers and standard “full coverage” car insurance with a recent DUI conviction to see which companies were cheapest. Be warned that you may be rejected for coverage, including from the companies listed above. Rates can vary by hundreds between carriers after a DUI, and some penalize for longer than others, so it’s important to shop around for the best available price right after you see a price hike and each year after that.

Cheapest insurance after a ticket in Oregon

After a speeding ticket, the cheapest car insurance companies and average rates for full coverage in Oregon are:

  1. Geico: $1,258 per year.
  2. American Family: $1,369 per year.
  3. State Farm: $1,470 per year.
  4. Country Financial: $1,478 per year.
  5. Safeco: $1,484 per year.
Getting a speeding ticket will result in higher car insurance rates from most companies for three to five years. To see who has the cheapest rates, we calculated average car insurance rates for 40-year-old drivers with “full coverage” insurance and a recent ticket for speeding 16 mph over the limit. Though these larger companies were the cheapest we found on average, others may be cheaper for you, so be sure to get at least three quotes before deciding on a carrier.

Cheapest for couples and families in Oregon

In addition to singles, NerdWallet checked auto insurance rates for Oregon families with more than one driver — and the cheapest options weren’t always the same. Each insurer considers age, driving experience and other factors differently when setting rates. So when a big change happens in your life — like moving, getting married, or adding a teen driver — be sure to shop around for insurance quotes to get the best rate you can.

Cheapest for a married couple in Oregon

For a husband and wife in Oregon who are both 50 years old, these are the cheapest insurers and average rates for full coverage on two vehicles, assuming clean driving and credit histories:

  1. Geico: $1,284 per year.
  2. Country Financial: $1,765 per year.
  3. Progressive: $1,775 per year.
  4. American Family: $1,784 per year.
  5. Safeco: $1,899 per year.
Couples who live together can save on auto insurance by combining policies, whether they are married or not, because they can earn multi-car and multi-driver discounts. Once they tie the knot, rates can dip further, but not because of discounts — insurers see married people as less risky and so charge them lower rates. Our hypothetical 50-year-old couple’s clean driving record also earns them both a good driver discount.

Cheapest for families with a teen in Oregon

For a 50-year-old couple and an 18-year-old driver in Oregon, the cheapest companies and their average rates to insure two vehicles are:

  1. Geico: $2,271 per year.
  2. Progressive: $2,592 per year.
  3. Country Financial: $3,135 per year.
  4. American Family: $3,342 per year.
  5. Allstate: $3,528 per year.
Adding a teen with two years’ driving experience to a married couple's policy is sure to cause a big jump in rates. Since different insurers tend to see a teen’s inexperience in different ways, we analyzed rates to see which companies had the cheapest car insurance for teens. These rates are averaged for 50-year-old couples with male and female 18-year-old drivers.

Cheapest for young drivers in Oregon

Finding cheap car insurance can be a challenge for people in their 20s, who have less driving experience and therefore typically pay higher rates than more seasoned drivers. That’s why NerdWallet also analyzed rates for 25-year-olds in Oregon to see which companies return the best prices for young drivers.

Cheapest full coverage for young good drivers

For 25-year-olds in Oregon with clean credit and driving records, the cheapest insurers and average rates for full coverage are:

  1. Geico: $1,145 per year.
  2. Travelers: $1,401 per year.
  3. Country Financial: $1,403 per year.
  4. Safeco: $1,486 per year.
  5. State Farm: $1,544 per year.
Drivers in their 20s can have a hard time finding cheap car insurance, and that's even truer when they need full coverage. The rates above are averages for 25-year-old male and female drivers with comprehensive and collision coverages, which are often required for drivers with active auto loans or leases. These rates reflect a good driver discount. Young drivers, like all drivers, should check several quotes to find the cheapest for the coverage levels they need.

Cheapest minimum coverage for young good drivers

For a young driver who wants just the minimum required car insurance in Oregon, the cheapest companies and average rates are:

  1. Geico: $516 per year.
  2. Country Financial: $667 per year.
  3. Travelers: $696 per year.
  4. State Farm: $760 per year.
  5. Progressive: $761 per year.
Since young people often have fewer assets to protect with liability insurance, they can usually get away with lower coverage limits. For an age group with relatively high insurance rates on average, that's good news, keeping rates as low as possible. For this price set, we averaged rates for 25-year-old male and female drivers who have clean driving records, good credit and bare-bones insurance coverage.

Poor credit and minimum coverage

A young driver with poor credit and a good driving history may want to look at these companies, which had the cheapest average rates for Oregon’s minimum required insurance:

  1. Geico: $694 per year.
  2. Country Financial: $1,043 per year.
  3. Progressive: $1,221 per year.
  4. Travelers: $1,314 per year.
  5. Allstate: $1,477 per year.
Poor credit is common for younger folks just starting out, who may still be building their credit files. That can increase rates further, so it's extra important to shop around and compare as many insurance quotes as possible to find the cheapest you can get. For these prices, we averaged rates for 25-year-old male and female drivers with no recent accidents or violations (earning them a good driver discount), minimum coverage car insurance, and credit in the "poor" tier as reported to an insurer.

Cheapest for minimum coverage after a crash

After an at-fault accident, these are the cheapest insurers and average rates for a 25-year-old in Oregon buying minimum coverage:

  1. Geico: $864 per year.
  2. Country Financial: $921 per year.
  3. Travelers: $931 per year.
  4. State Farm: $1,007 per year.
  5. Safeco: $1,014 per year.
To get prices for this group, we averaged rates for 25-year-old male and female drivers with good credit and a recent at-fault crash costing $10,000 in property damage. Since car insurance is often pricier after a crash, and especially so for young drivers, we assumed minimum required insurance in the state to contain costs for our hypothetical driver. Depending on your situation, you may still be rejected for coverage, including from the companies listed above. If you've caused a crash, no matter your age, be sure to check auto insurance quotes just after the third and fifth anniversaries of your incident, when insurers often adjust rates downward.

Cheapest for minimum coverage after a DUI

For young drivers in Oregon with a recent DUI on their record, the cheapest companies and average rates for minimum required insurance are:

  1. Progressive: $870 per year.
  2. Country Financial: $977 per year.
  3. Travelers: $1,059 per year.
  4. Safeco: $1,066 per year.
  5. American Family: $1,069 per year.
Young drivers with a recent DUI on their records will need to be diligent to find the lowest car insurance rates they can get — it's likely that many companies' rates will be quite expensive. Depending on the circumstances, you may be rejected for coverage, including from the companies listed above. But spending the time to shop around for quotes can help you find the lowest price from a company available to you. For this analysis, we averaged rates for male and female 25-year-old drivers with a recent DUI conviction. They had good credit and minimum required car insurance, which helps keep rates down.

Cheapest for minimum coverage and a ticket

After a speeding ticket, the cheapest insurers for a 25-year-old in Oregon and average rates for minimum coverage are:

  1. Geico: $621 per year.
  2. Country Financial: $852 per year.
  3. State Farm: $865 per year.
  4. Travelers: $885 per year.
  5. Progressive: $941 per year.
Getting a speeding ticket is never fun, and neither is the higher car insurance bill you may receive months later. At that point, it's time to shop around for better rates, and it wouldn't hurt to repeat on your third and fifth ticket anniversaries, when insurers may adjust rates downward. We analyzed rates for 25-year-old male and female drivers with a recent speeding violation for going 16 mph over the speed limit to see prices for this group.

Cheap for military families

Cheap car insurance for active military and veterans (and their families) is frequently available through USAA, which offers policies exclusively for active service members, veterans and their families. USAA isn’t ranked with the other companies above because it isn’t available to everyone, but it was among the three cheapest options in Oregon for every driver category.

Recap: Cheapest car insurance in Oregon

  • Good drivers: Geico
  • Minimum coverage: Geico
  • Poor credit: Geico
  • After an at-fault crash: American Family
  • After a DUI: American Family
  • After a speeding ticket: Geico
  • Married couples: Geico
  • Families with a teen: Geico
  • Young good drivers: Geico
  • Minimum coverage for young good drivers: Geico
  • Minimum coverage for young drivers with poor credit: Geico
  • Minimum coverage for young drivers after a crash: Geico
  • Minimum coverage for young drivers after a DUI: Progressive
  • Minimum coverage for young drivers after a ticket: Geico

» MORE: Compare car insurance

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.

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 rates from the largest insurers in the state for 40-year-old men and women in all ZIP codes with 12,000 annual miles driven. The policy includes:

  • $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.
If required, minimum additional coverages were added and "good driver" discounts were automatically applied. Our “young driver” had all the same characteristics, but average rates were for 25-year-old men and women. We used a 2016 Toyota Camry LE for all single 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 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 costing $10,000 in property damage.
  • For drivers with a ticket, we added a single speeding violation for driving 16 mph over the speed limit.
  • For drivers with a DUI, we added a single drunken driving violation.
Couples in our analyses were 50-year-old men and women with good credit and clean driving histories, averaged across all ZIP codes with the same policy outlined above. To see rates for families with a teen, we added an 18-year-old licensed two years ago, averaging rates for male and female teens. For couples and families we added a 2016 Nissan Rogue S to create a two-car household.

In all cases, a paperless discount, e-signature discount and electronic funds transfer discount were automatically applied. These are rates provided by Quadrant Information Services. Your own rates will be different.