Cheap Car Insurance Oregon

How to Get Started with Searching Cheap Car Insurance in Oregon

Oregon requires its drivers to carry some of the most complete coverage that is available. Unlike some of the most relaxed states, you must have Oregon car insurance for both liability and uninsured drivers. Oregon state car insurance will cover the damages an accident can cause on the other driver when it is determined that you were at fault. If you did not have such coverage a simple accident can end up costing you a lot of money. You must also pay attention to the minimum requirements in the state when getting cheap car insurance Oregon. The coverage, when compared to other states, may seem a bit high, especially if you are moving from less populated states.

Oregon Car Insurance Laws

Oregon law requires drivers to have certain amounts of car insurance if they register a motor vehicle or purchase a permit for a light vehicle trip. If a car is registered in your name, you also have to provide proof that you have the required insurance.

Oregon minimum liability includes:

  • $25,000 per person for bodily injury and damage to property
  • $50,000 per accident for bodily injury to others
  • $20,000 per accident for property damage
  • $15,000 per person for personal injury protection to take care of medical expenses up to one year following an accident
  • $25,000 per person and $50,000 per accident for bodily injury through uninsured motorist coverage

Oregon Car Insurance is important coverage you must get immediately if you wish to drive a car in the state of Oregon. If for any reason you drive without liability insurance, you could get fines, suspension of your driving privileges, and your car will be towed. If your car is towed, you will be subject to fines and storage fees, and these are in addition to the other fees you will have paid. If you are convicted of driving without insurance, you must file additional paperwork - proof of financial responsibility (form SR-22) with the DMV for 3-years of your driving privileges will be suspended. Even worse is if you drive without insurance and you crash your driving privileges will be suspended for a year. After a year has passed, you can reinstate your driving privileges but only if you file the correct form (SR-22) for three years, and pay additional fines.

Oregon High-Risk Car Insurance

If you need an Oregon high-risk car insurance, you can find several companies that can offer you such a policy. It is a bit more difficult to close such a policy versus a standard one.

The high-risk car insurance refers to the drivers that are classified as having a high risk. Companies often look at criteria such as driving experience, age, credit history and so on. That is why teenagers are typically sitting in this category. The people over the age of 70 are also considered as high risk, similar to the ones that stayed for a time without insurance.

This insurance is also referred to sometimes as a SR-22 insurance. Although some of the big name companies can refuse to close such a policy for you, many mainstream players such as Progressive and Allstate do offer such an insurance.

What is for certain is that this policy carries a premium versus a regular one. You will need to pay more, as the companies need to cover in turn the higher risk they expose themselves to. However, you do need to have insurance, to pay more for your Oregon high-risk car insurance, but sleep better at night.

Oregon Car Insurance Rates

Average car insurance cost in Oregon:

Description Price
Oregon Minimum Car Insurance Coverage $1,076 - $1,284
Oregon Minimum Full Coverage Car Insurance $1,523 - $1,738
Oregon Minimum Car Insurance Coverage for Young Drivers $1,796 - $2,053
Oregon Minimum Full Coverage Car Insurance for Young Drivers $2,243 - $2,492
Average car insurance in Oregon per month $89 - $207

Car Insurance Companies in Oregon

Oregon Car Insurance Companies are abundantly available in the state of Oregon. Insurance companies like Oregon Mutual, Liberty Mutual, Travelers, USAA, and Progressive are just some of the insurance companies who offer insurance to Oregon drivers.

There is no one single car insurance company that is best. Some people prefer an independent insurance company, some prefer a regional, and some prefer a national company. What matters most is that you find the best company for your individual needs.

Car Insurance Quotes in Oregon

Average car insurance quotes for Oregon car insurance companies

Rank Car Insurance Company Name Price
1 Oregon Mutual $708
2 Grange Insurance Association $758
3 Travelers $775
4 Progressive $796
5 Country $804
6 USAA $858
7 Mutual of Enumclaw Insurance $894
8 GEICO $968
9 Amica $982
10 Allied $1,007
11 State Farm $1,017
12 MetLife $1,033
13 American Family $1,283
14 Encompass $1,367
15 Allstate $1,378
16 Farmers $1,735
17 Safeco $1,938
18 Liberty Mutual $2,193
19 Nationwide $2,541
20 Sentry $2,921

Get Affordable Car Insurance in Oregon

Most people in the market for car insurance believe premium rates are fixed by insurance companies and state regulatory agencies. In actuality, insurance companies are quite competitive with one another when it comes to price offering cost-saving discounts. Taking advantage of the discounts available for motorists and making a few cost-saving adjustments to your policy can go a long way toward lowering your insurance costs.

Choose the Right Car For Oregon Car Insurance You Can Afford

You may already know that some cars are much more expensive to insure than others. With some cars, it’s obvious that they would cost more, but others are not so obvious. If insurance rates concern you, think carefully about the car you are considering before you buy it. The features of your car make a big difference in determining the cost of your car insurance. Cars that are most expensive to insure include:

  • Cars with technology features
  • Most luxury cars
  • Large SUVs
  • Compact cars
  • Cars associated with a high incidence of theft

Many car insurance providers won’t cover for high-performance cars because they are considered high risk. When deciding on rates, insurance providers will look at how much a car costs to repair, and the amount of damage it can cause to other vehicles on the road. When you are buying a car you will need to carry regular coverage. If you plan to finance your car, you want your car insurance to be affordable. The least expensive cars to insure are vans and station wagons; they don’t create too much damage to other cars in an accident even though they offer adequate protection for passengers.

Check Your Oregon Car Insurance Policy

It’s a good idea to check your car insurance policy at least once a year to see if there are any discounts you may qualify for. Perhaps it’s been five years since your last traffic violation and you are looking forward to a rate decrease, or you have added a new car, new driver or if there are any other changes you need to make. It’s also a good idea to compare your current policy with other insurance companies during this time.

The competition among insurance companies to provide you with the best rate may help you find an even lower rate than your current policy can offer. Just remember to compare apples with apples. In other words, don’t jump on that attractively lower insurance offer until you confirm that you will still have the coverage you want and need.

Shop Around

Remember that different insurance companies can charge different amounts for the same insurance coverage for the same car and driver. Each insurance company has its own risk profiles and analysis they used to determine rates, so it pays to shop around.

Call different insurance companies, or go online to get various quotes from different insurance providers. When you receive your quotes you will notice that the rates vary a great deal from company to company for basic coverage. Just make sure that you are comparing similar coverage amounts. It doesn’t make any sense to go with the cheapest provider only to discover that your needs aren’t covered when an accident occurs.

Maintain A Good Driving Record

The most obvious way to lower your rates is by keeping your driving record spotless. Pay attention to the speed limit and the signs on the road. Avoid risky behavior on the road like excessive speeding and running red lights. Use your cell phone judiciously and never text while driving. Never drive while drunk or otherwise impaired. You could end up facing legal charges and even losing your coverage. Most traffic violations remain on your driving record for five years. If you are over 50 consider taking a driver refresher course. These tips will help you in your quest to find low-cost Oregon car insurance. A driver with a spotty driving record is going to pay significantly more than a driver without traffic citations.

Eliminate Coverage You Don’t Need

In most states carrying a certain amount of liability insurance is mandatory. You need this protection to cover the damage done to another driver’s vehicle if you are found to be at fault in a car accident. According to the National Association of Insurance Commissioners (NAIC), 77% of insured drivers purchase comprehensive coverage, However, if you own your car and it is not worth its Blue Book value, you may consider eliminating collision and comprehensive coverage. Since collision coverage pays for your car’s repairs in an accident it may not be necessary based on its worth. Eliminating this coverage from your policy will save you lots of money on your policy. You finance your automobile purchase or if you lease your car, the bank, or finance company will make it mandatory and include it in your car loan or lease documents.

Increase Your Deductible

If you own your car, consider raising your deductible to reduce your Oregon car insurance rate. It can make an immediate difference in your monthly premium. Changing your deductible from $220 to $1000 can reduce your rate by up to 40 percent. Just make sure that you have the financial ability to cover the new rate if anything does happen.

Maintain Good Credit

Your credit score is one of the factors' insurance companies consider when determining your car insurance rates.

Your credit history may have a lot to do with your OR car insurance rate. Studies have revealed a link between people who maintain a good credit rating and car insurance policyholders that file fewer claims.

Your credit score is one of the factors' insurance companies consider when determining your car insurance rates. Insurance companies are rewarding customers with a history of making timely bill payments and maintaining long-term credit accounts by reducing their OR car insurance premium. Insurance providers look at your credit score to determine your “insurance risk score.” This score helps to determine your Oregon car insurance rate.

That is why you should periodically check your credit report for errors. If you find a mistake, you should report it to the credit bureau right away. If your credit score is low right now, you should try to bring it up by paying more than the minimum balance on your bills every month.

So credit score isn’t that great? Work on it for the next 6 months. Once you’ve made a significant increase, call your insurance company and how they can improve the rate based on your new score.

Take Precaution If You are a Young Driver

If you are purchasing car insurance for your teen driver, and know up front that it will be expensive, there are a few ways that you can reduce the cost of teen insurance. Making sure your teen has good grades, making sure your teen takes a driver-safety class, avoiding high-powered sports cars, and by including your teen on your policy rather than one of their own are all great ways to save money on your car insurance policy.

Ask About Low Mileage Discounts

If you don’t drive your car as often as most people, you should inquire about low mileage discounts. Your car insurance company may give you a discount because you will have fewer chances of getting into an accident.

Take a Defensive Driving Course

Defensive driving courses aren’t just for teenagers. If you make the effort to brush up on your driving skills, your insurance company may decide to lower your premiums.

Park Your Car in the Garage

If you have a garage, you should definitely take advantage of it. Parking your vehicle in the garage every day can save you money in car insurance premiums because your car will be less likely to get stolen or vandalized.

Get Safety Features Installed

Another way you can lower your car insurance premiums is to install safety features. For example, if you install an alarm system in your car, it will protect your car from theft and may convince your insurance company to reduce your rates. Anti-lock brakes are also another great safety feature to install because they prevent your car from skidding on the road.

All of these useful guidelines will help to lower your Oregon car insurance premiums. If you follow these helpful tips, you can reduce your car insurance premiums.

SARA HUDSON