Low-cost car insurance in Oregon

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In Oregon, Oregon Mutual Insurance offers the cheapest average premium at $1,147 per year. For comparison, the statewide average monthly cost is $140, though individual rates vary depending on your driving profile, location, and vehicle.

Every state sets its own car insurance rules. In Oregon, the minimum liability requirement is $25,000 for bodily injury per person, $50,000 for bodily injury per accident, and $20,000 for property damage per accident.

For drivers who want greater protection, full coverage can be a smart investment. It combines liability with both collision and comprehensive coverage, ensuring that your own car is also covered in the event of an accident, theft, weather damage, or other unexpected events.

Below, we highlight which insurers provide the most affordable rates across different driver categories.

Key Takeaways

Oregon Mutual Insurance has the lowest average car insurance premium in Oregon, costing $1,147 per year. That’s 32% the state average.
For drivers with an at-fault accident on record, Nationwide offers the most affordable coverage at around $1,847 annually.
The 97333 ZIP code stands out as the cheapest area for auto insurance in Oregon, with an average yearly cost of $1,449.

Low-cost car insurance businesses in Oregon

When comparing insurers in Oregon, Oregon Mutual Insurance leads the pack with an annual average of $1,147. That’s 32% less than the statewide average. Individual premiums vary depending on your driving record, vehicle type, age, and ZIP code.

To make sure you’re getting the best price, it’s always smart to check quotes from multiple carriers.

Here are the annual averages from the most affordable insurance companies in Oregon.

Company	Average annual rates
Oregon Mutual Insurance	$1,147
Travelers	$1,318
Nationwide	$1,411
State Farm	$1,502
Country Financial	$1,527
GEICO	$1,683
Progressive	$1,765
Farmers	$2,210
Allstate	$2,945
USAA*	$1,277

*USAA is only available to military community members and their families.

How we choose low-cost car insurance companies in Oregon

170+

Carriers reviewed

53M+

Quotes analysed

34K+

ZIP codes examined

ZIP codes with the cheapest car insurance in Oregon

Drivers in the 97333 ZIP code pay the lowest average annual premium in Oregon, at $1,449. See which other areas of the state offer more affordable rates below.

ZIP code	City	Average annual rates
97333	Corvallis	$1,449
97321	Albany	$1,452
97401	Eugene	$1,463
97330	Corvallis	$1,464
97408	Eugene	$1,465
97322	Albany	$1,484
97703	Bend	$1,484
97502	Central Point	$1,486
97403	Eugene	$1,487
97426	Creswell	$1,495

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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

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Low-cost car insurance in Oregon by age

Young drivers often face the highest premiums. In Oregon, for example, a 16-year-old pays $6,226 more than a 40-year-old driver.

The table below shows how rates change by age group.

Age group	Full coverage annual premiums
Teens (16-19)	$5,819
Young Adults (20-24)	$2,589
Adults (25-60)	$1,667
Seniors (65-75)	$1,685

Low-cost car insurance in Oregon by driver history

Insurers weigh your driving record heavily when setting premiums. You can expect your rates to rise if you’re ticketed or at fault in an accident. On the other hand, drivers with clean records are considered lower risk and usually qualify for cheaper coverage.

Low-cost car insurance after a speeding ticket in Oregon

Just one speeding ticket in Oregon can raise your rates by 34% – $566 more per year. Along with the ticket fine, that makes speeding an expensive mistake. The table below shows insurers offering lower-cost options even with a violation.

Company	Average annual premium	New rate after accident	% Increase	$ Increase
State Farm	$1,502	$1,609	7%	$107
Travelers	$1,318	$1,974	50%	$656
Nationwide	$1,411	$2,264	60%	$853
Progressive	$1,765	$2,330	32%	$565
Farmers	$2,210	$2,812	27%	$602
GEICO	$1,683	$3,305	96%	$1,622
Allstate	$2,945	$3,509	19%	$564
USAA*	$1,277	$1,641	29%	$364

*USAA is only available to military community members and their families.

Low-cost car insurance after an accident in Oregon

Nationwide offers the lowest car insurance rates to drivers after an at-fault accident at $1,847 a year.

If you’re in an accident and are at fault, you will see your car insurance premiums increase. However, this doesn’t mean you can’t shop around to find better rates.

Below, you’ll see which companies offer low-cost car insurance for drivers with one accident on their record.

Company	Average annual premium	New rate after accident	% Increase	$ Increase
Nationwide	$1,411	$1,847	31%	$436
State Farm	$1,502	$1,884	25%	$382
Travelers	$1,318	$1,908	45%	$590
Progressive	$1,765	$2,978	69%	$1,213
GEICO	$1,683	$3,228	92%	$1,545
Farmers	$2,210	$3,962	79%	$1,752
Allstate	$2,945	$4,892	66%	$1,947
USAA*	$1,277	$1,999	57%	$722

*USAA is only available to military community members and their families.

Low-cost car insurance after a DUI in Oregon

Being labeled a high-risk driver after a DUI usually means paying much more for car insurance. However, some insurers are less expensive than others. The table below shows which companies in Oregon offer the most affordable rates after a DUI conviction.

Company	Average annual premium	New rate after accident	$ Increase	% Increase
State Farm	$1,502	$1,609	$107	7%
Travelers	$1,318	$2,070	$752	57%
Progressive	$1,765	$2,131	$366	21%
Nationwide	$1,411	$3,073	$1,662	118%
GEICO	$1,683	$3,767	$2,084	124%
Farmers	$2,210	$3,787	$1,577	71%
Allstate	$2,945	$3,956	$1,011	34%
USAA*	$1,277	$2,135	$858	67%

*USAA is only available to military community members and their families.

Average cost of car insurance Oregon

Full coverage insurance costs more than minimum liability insurance, but the extra cost is worth it for most drivers. That’s because minimum liability only pays for injuries or damage you cause to others, leaving you to cover repairs or replacement of your own car out of pocket. Full coverage, on the other hand, includes collision and comprehensive insurance, so your vehicle is protected in situations like accidents, theft, storms, or vandalism.

The average cost of full coverage car insurance in Oregon is $217 less than the national average car insurance rates in the U.S.

We recommend that you carry at least coverage limits of 100/300/100 – that’s $100,000 in bodily injury coverage per person, $300,000 per accident, and $100,000 in property damage coverage. These limits provide a better safety net if you’re involved in a serious accident where costs could quickly exceed minimum requirements.

What is full coverage car insurance?

Full coverage car insurance includes bodily injury liability and property damage liability coverage, as well as comprehensive and collision coverage. Collision insurance covers your vehicle if it’s damaged or destroyed in an accident, while comprehensive insurance provides protection against damage that is caused by something other than collisions, such as hail or theft.

If you lease or finance your car in Oregon, your lender may ask you to purchase collision and comprehensive insurance beyond the state-mandated liability coverage.

The bottom line on saving and staying protected

When it comes to car insurance, everyone is looking for ways to save. However, skimping on coverage to save a few dollars now could end up costing you more down the road.

Ensure you’re adequately protected and consider your specific needs before buying an auto insurance policy. Car insurance rates vary, so compare quotes from at least three different companies to find low-cost coverage in Oregon.

Methodology

Insure.com gathered data from Quadrant Information Services to get car insurance rates in Oregon. The rates are based on a sample profile of a 40-year-old male and female driving a Honda Accord LX with a good insurance score and no violations on record for a full coverage insurance policy with limits 100/300/100 and $500 comprehensive and collision deductibles..

We analyzed 53,409,632 insurance quotes from 170 insurance companies across 34,588 ZIP codes nationwide.

To determine car insurance rates for high-risk drivers with a history of traffic violations, we used a sample profile of a 40-year-old male and female driver who own a Honda Accord LX.

We also used sample profiles of drivers from different age groups: Teen drivers (Age 16-19), young drivers (Age 20-24), adult drivers (Age 25-60) and senior drivers (Age 65-75)

We determined the premiums for a high-risk driver with the following incidents applied

1 At-fault property damage accident over $2K
1 At-fault property damage accident under $2K
At-fault bodily injury accident
Poor credit
DUI/DWI first offense
Speeding 30+ over limit
Speeding ticket 1-10 MPH over limit
Speeding ticket 11-29 MPH over the limit

These are sample rates, and your exact rates may vary.

Shivani Gite

Contributing Writer

Shivani Gite is a personal finance and insurance writer with a degree in journalism and mass communication. She is passionate about making insurance topics easy to understand for people and helping them make better financial decisions.