How Much is Car Insurance for Single Moms in Oregon?

Because the topic is auto insurance, the word affordable should never appear anywhere to describe car insurance rates. Please forgive the oxymoron, but cheap auto insurance for single moms may be a thing of the past. Don’t let that bother you, though, because we will teach you how you can still get auto insurance that you can afford to pay for.

We all like different vehicles, and the type of vehicle you are trying to insure is probably the biggest factor when trying to find cheap insurance for single moms in Oregon. Vehicles with more horsepower, poor safety ratings, or high incidents of liability claims will cost more to insure than more modest models.

The next lists illustrates insurance rates for a handful of the most budget-friendly vehicles to buy insurance for.

Price data assumes single female driver age 40, no speeding tickets, no at-fault accidents, $500 deductibles, and Oregon minimum liability limits. Discounts applied include multi-policy, homeowner, safe-driver, claim-free, and multi-vehicle. Rate quotes do not factor in garaging location in Oregon which can affect auto insurance rates greatly.

Data based on single female driver age 40, no speeding tickets, no at-fault accidents, $500 deductibles, and Oregon minimum liability limits. Discounts applied include multi-policy, claim-free, safe-driver, multi-vehicle, and homeowner. Table data does not factor in specific Oregon garaging location which can change coverage rates considerably.

Cost estimates assume single female driver age 40, no speeding tickets, no at-fault accidents, $500 deductibles, and Oregon minimum liability limits. Discounts applied include multi-policy, homeowner, multi-vehicle, safe-driver, and claim-free. Rate quotes do not factor in the specific area where the vehicle is garaged which can alter premium rates considerably.

One of the more important criteria that insurance companies use to determine the amount you pay for auto insurance is where you normally keep your vehicle in Oregon. Areas with more people or higher crime rates like Gresham, Oregon City, and Lake Oswego tend to have more expensive auto insurance rates, whereas areas with lower crime rates and fewer weather claims have the benefit of cheap insurance for single moms in Oregon.

The following table sorts the most expensive places in Oregon for single moms to purchase a policy in.

Premium costs are comparative as zip code location can revise coverage rates substantially.

How much more does full coverage cost in Oregon?

Finding cheap insurance for single moms in Oregon is probably important to most drivers, and one great way to find cheaper insurance is to buy only liability coverage. The illustration below visualizes the comparison of car insurance costs when comparing full coverage to liability only. The prices are based on no claims or violations, $1,000 deductibles, drivers are not married, and no other discounts are factored in.

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As an average for all age groups, comprehensive and collision coverage on your policy costs $1,345 per year more than just buying liability insurance. Many drivers will wonder if buying full coverage is a waste of money. There is no set rule of when to drop physical damage insurance, but there is a broad guideline. If the yearly cost of comp and collision coverage is more than around 10% of the replacement cost of your vehicle minus the policy deductible, then you may need to consider dropping full coverage.

State Farm, Progressive, Geico, and Allstate: Who is cheapest?

When shopping for auto insurance, the companies with the most market share are State Farm, Progressive, Geico, and Allstate. If you add them together, they insure nearly half of the entire U.S. market share. They all have different options that buyers can select from. The following table illustrates some of the different features that are available for customers.

How to find cheap insurance for single moms in Oregon

Here are a few thrifty solutions that can help drivers buy lower-cost car insurance.

• Speeding tickets and other violations increase rates
• Prevent price hikes by avoiding at-fault accidents
• Raise deductibles
• Having too many claims will increase rates substantially
• Do not pay for comprehensive and collision coverage on older vehicles
• Shop your coverage around for the best deal

The last suggestion is extraordinarily crucial, as we emphasized in this article. Prices charged by companies can be adjusted at any time, so you should be ready to switch companies if a lower-cost policy is available. Many drivers have brand loyalty and that’s fine, but it’s not a great idea if that loyalty results in overpaying a lot of money. In just a couple of minutes you could compare prices to find cheaper insurance for single moms.