Drivers in Oregon are required to have auto insurance, so it’s helpful to research the best rates to make your costs the lowest they can be. Reviewing different insurers’ prices can help you find the right match that fits your budget. Here’s everything you need to know about the best auto insurance in Oregon so you can find exactly what you need.
What Are the Auto Insurance Limits Required in Oregon?
In Oregon, it’s a requirement for all drivers to have some auto insurance coverage. This helps protect all drivers in case of an accident or other incidents. Here are the minimum amounts of coverage limits required in Oregon:
Liability Insurance
Review the coverage limits for liability insurance:
- $25,000 for bodily injury to one person
- $50,000 for bodily injury to several people in one accident
- $20,000 for property damage in one accident
Uninsured Motorist Coverage
Take a look at the insurance limits for uninsured motorist coverage:
- $25,000 for bodily injury to one person
- $50,000 for bodily injury to several people in one accident
- $20,000 for property damage in one accident
Factors That Affect Auto Insurance Rates
While auto insurance rates in Oregon vary depending on the company, there are many other factors that affect how much you may pay for coverage. Some common examples include your age, location, and marital status. You can also expect your driving record, credit score, and type of vehicle to increase or decrease what you pay. For example, a driver with a clean driving record may receive a much lower rate than a driver who’s been in several accidents.
Cheapest Auto Insurance for Drivers With a Speeding Ticket
Speeding tickets are common traffic violations for people who drive faster than the area’s speed limit. Having one or more speeding tickets can label you as a reckless or higher-risk driver, which may increase your insurance rates. If you’ve recently received a speeding ticket, research different insurance policies to find the best option for you. You may be able to change your policy during a renewal period, saving you money in the future. Here are some average annual rates for the cheapest auto insurance options for Oregon drivers with speeding tickets:
- State Farm: $1,101
- Oregon Mutual: $1,430
- USAA: $1,462
- Country: $1,472
Cheapest Auto Insurance for Drivers With a DUI
Oregon drivers with a DUI typically pay much larger car insurance rates due to being high-risk or unsafe drivers. If you have a DUI, you can expect to pay more for car insurance no matter what insurer you go through. Still, it’s helpful to review your options to find the cheapest policy. Consider these average annual insurance rates for drivers in Oregon with a DUI:
- State Farm: $1,101
- Country: $1,693
- USAA: $1,897
- Travelers: $1,924
Best Auto Insurance For Married Drivers
Married couples in Oregon usually pay less for car insurance. While this varies per insurer, most companies view married couples as safer drivers and as more financially stable. If you’re getting married soon, it might be helpful to start looking at the cheapest car insurance rates for married couples so you can change your policy. Here are the best average annual auto insurance rates for married drivers:
- State Farm: $891
- Country Financial: $1,137
- Progressive: $1,673
- American Family: $1,838
Best Auto Insurance For Young Drivers
Since young drivers have less experience on the road, insurers consider them at high risk for accidents or for violating traffic laws. However, as you get older, you typically pay less for car insurance. Until then, you may want to find a cheap policy that benefits your wallet. Consider these average annual rates for young drivers in Oregon:
- Country: $1,474
- GEICO: $1,622
- State Farm: $1,761
- USAA: $1,776
Best Auto Insurance for Senior Drivers
As drivers age, their auto insurance rates usually decrease. Then, once they reach their 60s and beyond, their rates start to rise again. Thankfully, most insurers offer insurance discounts for senior drivers. If you’re a senior driver in Oregon, you may want to research the cheapest rate options that fit your budget. Take a look at the best average annual auto insurance rates for seniors:
- GEICO: $969
- State Farm: $1,093
- Country: $1,198
- USAA: $1,363
Best Full Coverage Auto Insurance
Full coverage auto insurance provides you with extensive protection, such as property damage, collision, and more. Since it covers so much, it tends to be more expensive regardless of your insurer. Drivers in Oregon can review different auto insurance policies to find the best full coverage car insurance at a great price. Consider these average annual rates:
- State Farm: $891
- Country Financial: $1,312
- American Family: $1,838
- Progressive: $1,957
Best Auto Insurance for Drivers With an At-Fault Accident
When drivers cause an accident, their insurance rates increase significantly. After an at-fault accident, insurers usually consider the driver to be more reckless, which leads them to charge more. Although your rates will increase after an at-fault accident, you can still compare different companies to find the cheapest option. Here are some of the best Oregon average annual auto insurance rates for drivers who caused an accident:
- State Farm: $1,291
- American Family: $1,530
- Country: $1,608
- USAA: $1,711
What Are Some Available Auto Insurance Discounts In Oregon?
To make your auto insurance more affordable, most Oregon insurers offer discounts for customers. For example, teen drivers may qualify for discounts for being safe drivers or having good grades. Another common discount is for using anti-theft technology or other safety features in your vehicle. Research discounts through various insurers to find the best possible price for auto insurance.
Hopefully, now you can decide on the best auto insurance to help you save some money. While auto insurance can be expensive, you can find ways to lower your overall cost for coverage. If you have more questions, continue reading the resources in the blog section.
At FIXD, our mission is to make car ownership as simple, easy, and affordable as possible. Our research team utilizes the latest automotive data and insights to create tools and resources that help drivers get peace of mind and save money over the life of their car.
