Auto Insurance in Oregon Pricing and Costs

How to save on your Oregon automobile insurance rate

In 2006, the average annual premium that residents paid for Oregon auto insurance was $726. Compared to the national average of $817, Oregon residents and business owners get auto insurance rates that are less expensive than residents in 60% of other U.S. states.

While this number provides you with a nice idea about auto insurance in Oregon pricing and costs, the actual amount paid in premiums varies substantially from person to person. Several factors contribute to determining an Oregon auto insurance rate, such as the policy holder’s age, gender and driving record and the number and condition of the vehicles on the policy. Keep the following in mind to save some money as you explore your coverage options:

1. Maintain minimum auto insurance in Oregon to avoid the risk of personal liability and expense.

2. Most car insurance Oregon providers offer discounts on your policy.

3. Independently owned Oregon insurance agencies compare rates from various providers to give you the best option.

 

Make sure you meet the requirements for minimum Oregon auto coverage

The state minimum auto insurance liability coverage requirement for Oregon are $10,000 property damage, $25,000 bodily injury and property damage per person, $50,000 per crash for bodily injury, $15,000 per person for personal injury protection and $25,000/$50,000 for underinsured/uninsured motorist bodily injury protection. Being caught without the minimum coverage means a Class A misdemeanor charge, which can result in the suspension of your license as well as fines, up to one year in jail, or both.
Try: Visit the Oregon DMV website for more information on these requirements and how the Department of Motor Vehicles monitors compliance. InsureMe explains each of the Oregon minimum coverage requirements in more detail.

Strive to obtain discounts on Oregon car insurance

There are several ways to obtain discounts on your annual insurance premium in Oregon -- and even the smallest bit helps. Among the various discount options are insuring multiple cars on one policy, insuring home and auto through the same company, a good grades discount for insured drivers in school and under the age of 25, no accidents or tickets on your record in the last three years, and many others.
Try: American Family, Nationwide, and Insure Pacific  offer a variety of discounts for Oregon auto insurance policy holders.

Request an Oregon auto insurance quote

While you could take the time to call all of the insurance companies available across the nation and find the best rate on your own, you might find it easier to simply contact an independent insurance agent within your community. Independent agents typically own their business and, when you request a quote, they do all of the research for you, finding the best rate for your circumstances from the national companies they have a partnership with. You might pay a little more for your premiums overall, but it's worth it to support your local economy and have a local agent who can assist you.
Try: Obtain an auto insurance quote from an independent Oregon agent such as Chet Hill Insurance, Gale Creek Insurance Services, J.D. Fulwiler & Co. Insurance, or Peninsula Insurance.

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