Cheapest Car Insurance Quotes for Drivers Under 25 in Oregon

The car, truck, or SUV needing coverage is probably the most important factor when comparing the cheapest car insurance for drivers under 25 in Oregon. Vehicles with high performance features, a lack of modern safety features, or high incidents of liability claims will cost more to insure than safer models.

The next tables showcases car insurance premiums for the most budget-friendly vehicles to insure in Oregon.

Prices above based on single female driver age 20, no speeding tickets, no at-fault accidents, $500 deductibles, and Oregon minimum liability limits. Discounts applied include claim-free, and safe-driver. Table data does not factor in garaging location in Oregon which can lower or raise insurance rates noticeably.

Prices above based on single female driver age 20, no speeding tickets, no at-fault accidents, $500 deductibles, and Oregon minimum liability limits. Discounts applied include safe-driver, and claim-free. Table data does not factor in specific location which can change prices significantly.

Prices based on single female driver age 20, no speeding tickets, no at-fault accidents, $500 deductibles, and Oregon minimum liability limits. Discounts applied include claim-free, and safe-driver. Prices do not factor in garaging location in Oregon which can decrease or increase price quotes considerably.

One of the more important components that aid in calculating the amount you pay for auto insurance is where your residence is in Oregon. More populated areas like Gresham, Oregon City, and Hillsboro are more likely to have higher rates, whereas areas with lower vehicle theft rates and fewer weather claims have the luxury of lower rates.

The next table sorts the most expensive cities in Oregon for drivers under 25 to purchase car insurance in.

Premium amounts are estimated as specific location information can change rates significantly.

Finding out which company quotes the best insurance rates for drivers under 25 will require more time in order to find the most economical policy. Every auto insurer uses their own method for filing rates in each state, so let’s rank the most competitive insurance companies in Oregon.

Keep in mind that Oregon insurance rates are based on many factors that control the price you pay. Simply turning a year older, filing a claim, or getting a ticket for running a stop sign can trigger price changes resulting in some rates now being more affordable than others.

Lowest Insurance Price Quotes for Young Drivers

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Grange may offer some of the cheapest car insurance rates in Oregon at around $715 per year. Oregon Mutual, Country, Travelers, and USAA also rank well as some of the more affordable Oregon auto insurance companies.

In the above rates, if you buy coverage from Oregon Mutual and switched to Grange, you may see an annual premium reduction of about $104. Customers with Country might save as much as $132 a year, and Travelers customers might realize rate reductions of up to $199 a year.

Remember that these policy prices are averages across all drivers and vehicles and do not factor in a rate increase for drivers under 25. So the auto insurance company that can offer you the best rate may not even be in the list of companies above. That underscores the importance of why you need to get car insurance quotes using your own driver data and vehicle information.

Oregon insurance companies ranked

Insuring your vehicle with the right insurance provider can be challenging considering how many companies provide coverage in Oregon. The ranking information in the lists below can help you pick which car insurance providers you want to consider when comparing insurance rates for drivers under 25. The ratings below are for the largest companies in the United States, so companies that focus mainly on Oregon business are not factored into the list.

Top 10 Major Auto Insurers in Oregon Ranked by Customer Satisfaction

1. USAA – 94%
2. AAA Insurance – 91%
3. Nationwide – 90%
4. State Farm – 90%
5. GEICO – 89%
6. The Hartford – 89%
7. The General – 88%
8. 21st Century – 88%
9. Allstate – 88%
10. Liberty Mutual – 88%

Top 10 Major Auto Insurers Overall in Oregon

1. USAA
2. American Family
3. State Farm
4. The Hartford
5. AAA Insurance
6. GEICO
7. The General
8. Progressive
9. Allstate
10. Nationwide

The example below shows how different deductible levels can increase or decrease insurance costs when trying to find cheap insurance for drivers under 25. Data assumes a married female driver, full physical damage coverage, and no other discounts are factored in.

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The chart above illustrates that a 40-year-old driver could reduce rates by $294 a year by changing from a $100 deductible up to a $500 deductible, or save $442 by switching to a $1,000 deductible. Youthful drivers, like the 20-year-old example, could shave $730 each year by selecting a higher deductible. When using a larger deductible, it will be important to have enough in a savings account to enable you to pay the extra out-of-pocket expense, which is the primary disadvantage of high deductibles.

How to find economical insurance for drivers under 25

The list below summarizes a few penny-pinching suggestions that can help you locate cheap coverage.

• On older vehicles, drop full coverage
• Buying home and auto together can help save money
• Drive vehicles with five-star safety ratings
• Improve your credit rating
• Remain accident-free and save
• Compare rates once a year for cheaper prices

The last idea is highly significant, as was discussed in the prior information. Car insurance rates in Oregon fluctuate constantly, so don’t be tentative to change insurance companies if you can save money. Having a favorite company is fine, but it’s not recommended if that loyalty ends up costing hundreds every year. Now is a great time to shop around to find cheaper car insurance for drivers under 25.