Best Cheap Auto Insurance for Lyft Drivers in Oregon

The words “low-cost” and “insurance” probably shouldn’t be used in the same sentence, in particular when comparison shopping for the best car insurance rates for Lyft drivers. In an attempt to save some money, let’s teach you some things that help determine auto insurance premiums, and find some ways to cut the cost of your next policy.

The vehicle you are seeking coverage for is one of the biggest factors that determines the availablility of the best cheap car insurance for Lyft drivers in Oregon. Vehicles with reasonable performance levels, a great safety record, or low incidents of liability claims will cost quite a bit less to insure than adrenaline junky models.

The data below estimates auto insurance costs for the most cost-effective vehicles to buy coverage for.

Above prices assume married female driver age 50, no speeding tickets, no at-fault accidents, $1,000 deductibles, and Oregon minimum liability limits. Discounts applied include multi-policy, homeowner, claim-free, multi-vehicle, and safe-driver. Price information does not factor in the specific area where the vehicle is garaged which can impact prices greatly.

By looking at the data, vehicles like the Honda CR-V, Subaru Forester, and Toyota Prius are likely to be the cheapest vehicles to insure for Lyft vehicles.

When buying car insurance for Lyft vehicles, one of the key things that car insurance companies use when figuring the amount you pay each year for auto insurance is where your home is located in Oregon. Cities with larger populations or higher claim trends like Gresham, Lake Oswego, and Forest Grove tend to have higher rates, whereas areas with less congestion can boast about having cheaper rates.

The illustration below ranks the most expensive cities in Oregon for Lyft drivers in which to purchase auto insurance.

Table data uses estimated as zip code location can change insurance rates substantially.

How to find a good Oregon car insurance company

Choosing the top insurer is hard considering how many choices drivers have in Oregon. The company ratings displayed below could help you pick which auto insurance companies you want to consider when looking for cheaper rates.

These rankings only include the companies with a significant amount of written premium nationwide, so smaller companies that only insure vehicles in Oregon are not factored into the list. If you would like to check rates and find the cheapest rates for Lyft drivers, click this link.

Top 10 Major Auto Insurance Providers in Oregon Ranked by Customer Service

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

The information below demonstrates how deductibles can influence insurance costs when searching for cheap insurance for Lyft drivers. The premiums assume a single female driver, comp and collision included, and no discounts are applied.

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The data above shows that a 30-year-old driver could save $346 a year by changing their physical damage coverage from a $100 deductible up to a $500 deductible, or save $524 by using a $1,000 deductible. Youthful drivers, such as the 20-year-old example, can save $772 or more just by choosing higher deductibles.

When increasing deductibles, it will now be necessary to have plenty of money set aside to enable you to pay the extra out-of-pocket expense. That is the one drawback of using higher deductibles.