Best car insurance companies in Oregon: Country Financial

Country Financial is the best car insurance company in Oregon, based on data analysis by Insurance.com, with an overall rating of 3.64. Travelers, State Farm, Nationwide, and Geico are among the top auto insurance companies in Oregon.

Below is a full list of the top Oregon insurance companies based on price, NAIC complaint ratio, and AM Best financial ratings. The total Insurance.com score is calculated out of five using these factors.

Best car insurance in Oregon
Company AM BestAvg. Annual PremiumJ.D. PowerNAICInsurance.com score
Country FinancialA+$1,5278280.343.64
TravelersA++$1,3188100.493.51
State FarmA++$1,5028210.73.36
NationwideA+$1,4118100.643.2
GeicoA++$1,6837970.913.12
ProgressiveA+$1,7658070.653.04
FarmersA$2,2107960.82.7
AllstateA+$2,9457830.652.54

Data refreshed as of May 2024
Read our full methodology

Cheapest car insurance companies in Oregon: Oregon Mutual

Based on a rate analysis by Insurance.com, Oregon Mutual offers the cheapest full coverage car insurance in Oregon, with average rates of $1,147 annually or $96 a month, on average.

USAA is the cheapest liability car insurance company in Oregon, however, it covers specifically the military community. Oregon Mutual is the cheapest option in the state to get the cheapest liability car insurance at an average of $497 per year. For state minimum, Oregon Mutual is the cheapest option at an average annual rate of $445.

Comparison shopping is the best way to get a cheaper auto insurance rate. Get quotes from several different insurers. You may be surprised at how much difference there can be in rates from one company to another.

We gathered price quotes from all the major insurance providers in Oregon and compiled a list of the cheapest car insurance companies.

Cheapest car insurance in Oregon
Company State minimum liability50/100/50 liability100/300/100 liability with $500  deductible
Oregon Mutual$445$497$1,147
USAA*$439$495$1,277
Travelers$534$585$1,318
Nationwide$813$782$1,411
State Farm$534$616$1,502
Country Financial$481$532$1,527
Geico$513$624$1,683
Progressive$650$723$1,765
Farmers$976$1,121$2,210
Allstate$1,041$1,131$2,945

*USAA offers car insurance only to military members, veterans and their families.

Data refreshed as of May 2024
Read our full methodology

Average cost of car insurance in Oregon

The average cost of car insurance in Oregon is $1,678 a year for a full coverage policy with a coverage level of 100/300/100 for a driver age 40, according to a rate analysis by Insurance.com. For state minimum coverage, the average annual cost in Oregon is $641.

Auto insurance calculator

Average auto insurance rates in Oregon
30
16 17 18 19 20 21 22 23 24 25 30 35 40 45 50 55 60 65 70 75
Male
Male Female
97236 - Portland
For a 30-year-old male
$82 State minimum
$192 Full coverage
$91 Liability only

Most & least expensive ZIP codes for auto insurance in Oregon

Most Expensive

Zip CodeCityHighest Rate
97233Portland$195
97266Portland$195
97236Portland$192
97230Portland$187

Least Expensive

Zip CodeCityLowest Rate
97321Albany$125
97333Corvallis$125
97330Corvallis$126
97401Eugene$126
Data refreshed as of May 2024
Read our full methodology

Oregon car insurance requirements

You need car insurance with minimum coverage levels of 25/50/20 in Oregon, which costs $611 each year or $51 each month.

Minimum liability insurance requirements for Oregon:

  • Bodily injury liability (BI): $25,000 per person and $50,000 for accident
  • Property damage liability (PD): $20,000 per accident
  • Personal injury protection (PIP): $15,000 per person
  • Uninsured/underinsured motorist bodily injury coverage: $25,000 per person and $50,000 per accident

Cheapest car insurance companies for minimum liability coverage in Oregon

According to Insurance.com, Oregon Mutual has the cheapest state minimum liability coverage, at $431 per year or $36 each month. USAA offers cheaper rates but is available only to military veterans and their families. 

Here are the most affordable car insurance companies for state minimum coverage in Oregon.

State minimum auto insurance coverage in Oregon, OR
Company Liability insurance premiumMonthly liability insurance premium
USAA*$425$35
Oregon Mutual$431$36
Geico$456$38
Country Financial$475$40
Travelers$528$44
State Farm$534$45
Progressive$608$51
Nationwide$769$64
Farmers$882$73
Allstate$1,004$84

*USAA offers coverage only to military veterans and their family

Data refreshed as of May 2024
Read our full methodology

Cheapest car insurance cost in Oregon by age

Country Financial
Cheapest for teens
$2,844/yr
Learn more
Oregon Mutual
Cheapest for adults
$1,169/yr
Learn more
company_name
Cheapest for seniors
$1,304/yr
Learn more

In Oregon, car insurance rates are higher for teenagers as they’re more likely to be involved in an accident.

Country Financial offers the cheapest car insurance for teen drivers in Oregon at $2,844 per year for a full coverage policy.  

Car insurance rates will decrease as teens age and keep a good driving record. Car insurance rates for adults 25+ and seniors 60+ are lower than those for teens and young adults. 

In Oregon, Oregon Mutual offers the cheapest full coverage auto insurance for adult drivers at $1,169 per year. Nationwide offers the cheapest full coverage car insurance for senior drivers at $1,304 per year

Compare car insurance rates by age

Select your age group and age below to see the insurance company and its
average annual and average monthly premium rates.

Age group
Teen
Age
16
Table
Graph
Country Financial$3,042$254
State Farm$5,076$423
Travelers$5,889$491
Nationwide$6,079$507
USAA$6,089$507
Geico$6,210$518
Oregon Mutual$9,662$805
Progressive$12,621$1,052
Allstate$13,012$1,084
Farmers$13,812$1,151
Yearly premium

*USAA offers car insurance only to military members, veterans and their families.

Data refreshed as of May 2024
Read our full methodology

Cheapest car insurance companies in Oregon by driver profile

company_name
Cheapest for at-fault accident
$1,847/yr
Learn more
company_name
Cheapest for DUI
$1,609/yr
Learn more
company_name
Cheapest for speeding ticket
$1,609/yr
Learn more

Drivers with accidents or tickets are considered a higher risk and will pay higher car insurance rates. In Oregon, Nationwide offers the cheapest car insurance rates for drivers with an accident, at $1,847 per year. However, the severity and frequency of the incidents also affect insurance rates.

For drivers with a speeding ticket, State Farm offers the cheapest car insurance at an average annual cost of $1,609.

Below are the average Oregon car insurance rates by company for drivers with accidents and tickets on their driving record. 

Cheapest car insurance in Oregon for drivers with tickets and accidents
CompanyClean record AccidentSpeeding Ticket
Nationwide$1,411$1,847$2,264
State Farm$1,502$1,884$1,609
Travelers$1,318$1,908$1,974
USAA*$1,277$1,999$1,641
Progressive$1,765$2,978$2,330
Geico$1,683$3,228$3,305
Farmers$2,210$3,963$2,812
Allstate$2,945$4,892$3,509

*USAA offers car insurance only to military members, veterans and their families.

Data refreshed as of May 2024
Read our full methodology

Compare auto insurance rates by city in Oregon

Auto insurance rates in your city can differ significantly from the state average due to factors such as population density, increased instances of auto theft or accidents, and a few other factors. It's best to compare quotes from various insurance providers to find the most competitive rates for your specific city in Oregon.

CityAnnual insurance premium
Cottage Grove
$1,514
Dundee
$1,764
Portland
$2,033
Data refreshed as of May 2024
Read our full methodology

Insurance.com commissioned Quadrant Information Services in 2023 to field rates from major insurers in every state across most ZIP codes. Driver profile: male, age 40, driving a 2023 Honda Accord LX with full coverage of 100/300/100 with comprehensive and collision; $500 deductible.

The car insurance rates for drivers with accidents and tickets are averaged based on rates for the following accidents and tickets: 

Accidents: 

  • 1 at-fault property damage accident over $2k
  • 1 at-fault property damage accident under $2k
  • At-fault bodily injury accident 
  • Single vehicle accident 

Tickets: 

  • Distracted driving ticket
  • Speeding ticket 1- 10 MPH over limit 
  • Speeding ticket 11- 29 MPH over limit 
  • Talking on cellphone ticket 
  • Texting ticket 

Insurance.com analyzed rates from more than 34,000 ZIP codes, 56 million quotes, and 136 companies. Rates sourced from Quadrant Data Services are for comparison purposes only; your rates may differ.

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