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If you’re looking for car insurance rates in Oregon, the average annual premium is $1,678, per year or $140 monthly. This contrasts with the national average of $1,682, highlighting a variation of $217. Various elements influence car insurance rates, including age, gender, driving record, credit score, and location.

This guide talks about the average cost of full coverage in the state, identifies companies providing affordable monthly premiums for car insurance, outlines average car insurance rates across cities in Oregon, and breaks down car insurance rates by age group. To save on your auto insurance expenses, it’s advisable to shop around and compare quotes.

Keep reading to ensure that your insurance policy aligns with your needs without exceeding your budget.

Summary of average car insurance cost in Oregon

Average annual cost
$1,678

Average per month cost
$140

Average cost for state minimum coverage
$641 / Year

Cheapest car insurance company
Oregon Mutual Insurance
($1,147 / Year)

Average cost for young drivers
$2,589 / Year

Average cost for Senior drivers
$1,685 / Year

Key Takeaways

  • The average car insurance cost in Oregon is $1,678 per year, based on Insure.com’s analysis.
  • In Oregon, the average premium for car insurance is $140 per month.
  • Oregon Mutual Insurance has the cheapest car insurance rates in Oregon, at an average annual rate of $1,147 a year.

Average car insurance cost in Oregon per month

In Oregon, car insurance costs around $140 per month on average.

It’s a common occurrence for the cost of the same coverage to vary among companies, which is true of every auto insurance company. Thus, when seeking car insurance rates in Oregon, it’s wise to obtain quotes from multiple firms.

Cheapest car insurance companies in Oregon

According to Insure.com’s rate analysis, Oregon Mutual Insurance offers the most affordable car insurance premiums in Oregon. The average annual cost is $1,147, or $96 per month. The second-best option available is Travelers, offering insurance at an average cost of $110 per month.

The table below lists the other available car insurance companies that offer car insurance in Oregon, along with their average cost per month and average annual cost.

Company nameAverage per month costAverage annual cost
Oregon Mutual Insurance$96$1,147
Travelers$110$1,318
Nationwide$118$1,411
State Farm$125$1,502
Country Financial$127$1,527
Geico$140$1,683
Progressive$147$1,765
Farmers$184$2,210
Allstate$245$2,945
USAA$106$1,277

Read our guide to cheap car insurance companies

Insure.com commissioned Quadrant Information Services to calculate average auto insurance rates for vehicles from 2006 to 2023.

Our hypothetical driver is a 40-year-old male who commutes 12 miles to work each day, with policy limits of 100/300/50 ($100,000 for injury liability for one person, $300,000 for all injuries and $50,000 for property damage in an accident) and a $500 deductible on collision and comprehensive coverage.

Rates for vehicles up until 2023 includes uninsured motorist coverage (since some states require it, we do it for all) and PIP or Medical Payments, if it is required by state law. This hypothetical driver has a clean record and good credit.

For liability 100/300 is rates the same hypothetical driver but with liability limits of 100/300/50, uninsured/underinsured motorist in matching amounts and PIP or MedPay, if required by state. We recommend limits this high, even if you have only liability coverage. A state-minimum policy includes only the basic state liability limits and any other state-required coverages, such as uninsured motorist or PIP.

Averages were calculated using data from six large carriers, such as Allstate, Farmers, GEICO, Nationwide, Progressive and State Farm. Rates were averaged across multiple ZIP codes and insurance companies. Average rates are for comparative purposes; your rate will depend on your personal factors.

Average cost of car insurance by coverage levels in Oregon

Car insurance rates in Oregon are directly proportional to the amount of coverage you buy. Your premium is determined by factors such as your liability limits and your choice of comprehensive and collision coverage.

Liability-only insurance protects against third-party property damage and personal injuries in an accident. However, relying solely on liability coverage would not cover your injuries or property damage if you are considered at fault in a collision. Liability-only insurance for a coverage limit of 50/100/50 costs $710 per year in Oregon.

As mentioned earlier, increasing the coverage on your policy leads to a rise in your premium, as the insurer will need to provide compensation in case of accidents or other damages. The average annual cost of full coverage car insurance in Oregon amounts to $1,678 per year.

If you don’t own a car but frequently rent one, non-owner state minimum liability coverage is the most suitable option. Similar to liability-only coverage, it protects property damage and bodily injury caused by another driver. In Oregon, the average annual cost for non-owner state minimum liability coverage is $441.

For individuals seeking to reduce their car insurance expenses, selecting only the state minimum liability coverage is an option to ensure legal driving privileges within the state. This coverage, which includes only the minimum liability requirements, carries an annual cost of $641 in Oregon.

Coverage limitsAverage annual cost
State Minimum BI/PD$641
Liability Only – 50/100/50 BI/PD$710
Full Coverage – 100/300/100 BI/PD – 500 Comp/Coll$1,678
Non-Owners$441

Auto insurance premiums vary significantly from city to city, so drivers need to be sure they’re getting the best deal. Insure.com has done the research for you. Get more information on auto insurance rates by city below.

Car insurance rates in Oregon by city

Average car insurance cost in Oregon by city

Several factors contribute to determining your car insurance premium, including your state, city, and even ZIP code. The frequency of accidents and the likelihood of vehicle theft or vandalism can impact the overall cost associated with a particular city or ZIP code.

The table below depicts the top popular cities in Oregon:

CityAverage annual cost
Beaverton$1,821
Bend$1,542
Corvallis$1,487
Eugene$1,487
Gresham$2,077
Hillsboro$1,757
Medford$1,512
Portland$2,033
Salem$1,736
Springfield$1,501

Average car insurance cost in Oregon by age of the driver

Age plays a significant role in determining auto insurance rates. Teenagers have a higher chance of being involved in a car accident compared to any other age group. In Oregon, the average annual rate for young drivers is $2,589, whereas for seniors, it is $1,685. The rate for young drivers exceeds that of senior drivers by $904.

Statistics show that young drivers are more likely to be involved in vehicle accidents than more seasoned drivers. As a result, they are classified as high-risk individuals and are more expensive to insure. This classification is primarily due to tendencies such as speeding and limited on-road experience. However, premiums begin to increase again around the age of 70, as certain aspects of aging may impact driving capabilities.

Average car insurance cost in Oregon for young drivers

In Oregon, the auto insurance premium for female young drivers averages at $2,502 annually, or $208 monthly, while male young drivers face a yearly rate of $2,677, or a monthly average of $223.

The average annual rates for young male and female drivers are listed in the table below:

Age of driverAverage annual cost for Male driversAverage annual cost for Female drivers
20$3,606$3,310
21$2,830$2,606
22$2,506$2,354
23$2,305$2,180
24$2,154$2,060

Average car insurance cost in Oregon for senior drivers

In Oregon, the annual car insurance cost for senior female drivers is $1,659 or $138 monthly. Similarly, male senior drivers face a yearly insurance cost of $1,710 per year, with a monthly average of $143.

Age of driverAverage annual cost for Male driversAverage annual cost for Female drivers
65$1,563$1,546
70$1,669$1,632
75$1,898$1,799

Read more about senior car insurance.

Minimum car insurance requirements in Oregon

Every state establishes laws regarding the minimum car insurance coverage drivers must possess to lawfully drive a vehicle. As outlined by the Oregon Department of Insurance, the following are the mandatory coverages and minimum coverage limits mandated in Oregon:

  • Bodily injury per person: $25,000
  • Bodily injury per accident: $50,000
  • Personal property coverage per person: $20,000

Cheapest cars to insure in Oregon

The Mazda CX-30 has the most affordable average annual insurance premium, standing at $1,594. The Honda HR-V is followed closely at $1,605 per year. The difference in the cost of insuring these two models is $11 annually.

MakeModelAverage annual premium
MazdaCX-30$1,594
HondaHR-V$1,605
SubaruForester$1,606
ChevroletTrailBlazer$1,621
KiaSeltos$1,625
VolkswagenTiguan$1,634
HondaCR-V$1,635
SubaruOutback$1,660
MazdaCX-5$1,662
VolkswagenTaos$1,685

Most expensive cars to insure in Oregon

The Maserati Quattroporte Trofeo, at an average annual premium of $6,129, tops the list as the most expensive car to insure. However, the difference between the cheapest and most expensive cars to insure is $4,535 annually.

MakeModelAverage annual premium
MaseratiQuattroporte Trofeo$6,129
MaseratiQuattroporte$6,095
MaseratiGhibli Trofeo$5,886
AudiR8 Performance$5,414
MaseratiGhibli$5,082
MaseratiLevante Trofeo$4,761
BMWM8$4,750
AudiS8$4,340
Porsche911 Carrera GT3 RS$4,297
MercedesS Class$4,276

Methodology

The Insure.com team worked with Quadrant Information Service to obtain car insurance data. To determine the average premiums, our team of data analysts and expert editors analyzed 56,838,240 insurance quotes from 136 insurance companies across 34,523 ZIP codes.

The insurance rates are based on a sample profile of a 40-year-old male driver with a clean driving record and a good insurance score. Quotes premiums are for a full coverage policy with limits:

The quoted insurance rates are for comparison purposes, and your individual rates may vary.

How much is car insurance in other states

Alaska$1,676/Year
Alabama$1,860/Year
Arkansas$1,957/Year
Arizona$1,812/Year
California$2,416/Year
Colorado$2,337/Year
Connecticut$1,725/Year
Delaware$2,063/Year
Florida$2,694/Year
Georgia$1,970/Year
Hawaii$1,517/Year
Iowa$1,630/Year
Idaho$1,428/Year
Illinois$1,532/Year
Indiana$1,515/Year
Kansas$1,900/Year
Kentucky$2,228/Year
Louisiana$2,883/Year
Massachusetts$1,726/Year
Maryland$1,746/Year
Maine$1,175/Year
Michigan$2,352/Year
Minnesota$1,911/Year
Missouri$1,982/Year
Mississippi$2,008/Year
Montana$2,193/Year
North Carolina$1,741/Year
North Dakota$1,665/Year
Nebraska$1,902/Year
New Hampshire$1,265/Year
New Jersey$1,902/Year
New Mexico$2,049/Year
Nevada$2,060/Year
New York$1,870/Year
Ohio$1,417/Year
Oklahoma$2,138/Year
Pennsylvania$1,872/Year
Rhode Island$2,061/Year
South Carolina$2,009/Year
South Dakota$2,280/Year
Tennessee$1,677/Year
Texas$2,043/Year
Utah$1,825/Year
Virginia$1,469/Year
Vermont$1,319/Year
Washington$1,608/Year
Wisconsin$1,664/Year
West Virginia$2,005/Year
Wyoming$1,758/Year
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Prachi Singh
Contributing Researcher

 
  

Prachi is an insurance writer with a master’s degree in business administration. Through her writing, she hopes to help readers make smart and informed decisions about their finances. She loves to travel and write poetry.

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