Country Financial, Travelers, State Farm and Nationwide are the best car insurance companies in Oregon. CarInsurance.com evaluated the companies’ annual car insurance rates, financial strength ratings and customer satisfaction ratings to curate a list of the Best Car Insurance Companies in Oregon in 2024.
Use our guide to determine which insurance company is best for your needs and budget. Learn how to navigate your insurance options in Oregon with confidence and ease.
Our takeCountry Financial stands out as the best overall car insurance company in Oregon. With a strong financial rating (A+ from AM Best) and competitive rates, it offers an excellent balance of affordability and comprehensive coverage.
Country Financial’s average annual car insurance cost is $1,527. Additionally, It received a J.D. Power score of 828/1,000 and an overall rating of 3.64 out of 5, the highest among the companies surveyed.
It is worth noting that Travelers has the lowest average car insurance premiums in our survey, at $1,318 a year.
Check out our experts’ recommendations for the best car insurance coverage
What are the best car insurance companies in Oregon?
When it comes to protecting your vehicle, finding the right car insurance is important. Oregon drivers have various top-rated insurers to choose from. Whether you prioritize the best overall experience, affordable rates or exceptional customer service, there’s an insurer to match your needs.
Here’s a detailed breakdown of Oregon’s best auto insurance companies by category.
| Category | Company |
|---|---|
| Best overall | Country Financial |
| Most affordable | Travelers |
| Highest customer satisfaction | Country Financial |
| Best for teen | Country Financial |
| Best for young adults | Country Financial |
| Best for adults | Country Financial |
| Best for seniors | Country Financial |
You might also like
- Non-owner car insurance in Oregon: Find affordable rates
- Liability insurance for Oregon drivers
- Minimum car insurance requirements in Oregon
- Oregon car insurance calculator: Get estimates by ZIP code and model
- How much is car insurance for a 25-year-old in Oregon?
- Car insurance for high-risk drivers in Oregon
- Cheap car insurance for seniors in Oregon
- Car insurance discounts in Oregon; 8% potential savings
- What’s the cheapest car insurance in Oregon?
- How much does car insurance cost in Oregon?
Compare the best auto insurance companies in Oregon
Comparing car insurance companies is important in finding the best policy that suits your specific requirements. Insurance rates can vary significantly from one company to another based on how they assess risk.
By comparing quotes, you can find affordable rates and potentially save money on your premiums. To make it easier, we’ve analyzed the best car insurance companies in Oregon. The table below shows the best auto insurance providers for Oregon drivers.
| Company | Annual cost | AM Best | J.D. Power | NAIC | Overall score out of 5 |
|---|---|---|---|---|---|
| Country Financial | $1,527 | A+ | 828 | 0.34 | 3.64 |
| Travelers | $1,318 | A++ | 810 | 0.49 | 3.51 |
| State Farm | $1,502 | A++ | 821 | 0.70 | 3.36 |
| Nationwide | $1,411 | A+ | 810 | 0.64 | 3.20 |
| Geico | $1,683 | A++ | 797 | 0.91 | 3.12 |
| Progressive | $1,765 | A+ | 807 | 0.65 | 3.04 |
| Farmers | $2,210 | A | 796 | 0.80 | 2.70 |
| Allstate | $2,945 | A+ | 783 | 0.65 | 2.54 |
Best car insurance companies by age group in Oregon
Choosing the right car insurance company can be like picking the perfect pair of shoes—it must fit your unique needs and lifestyle. What works for a teenage driver might not be the best option for a senior driver. As drivers age, their driving habits and risk profiles change, impacting their car insurance rates and coverage.
Teen drivers are considered high-risk and require extensive coverage options and discounts, such as good student discounts. On the other hand, senior drivers prioritize coverage that includes medical payments and higher liability limits, discounts for low mileage and long-term loyalty and prefer personalized customer service and easy claims process.
Drivers can get the best coverage by choosing an insurance company that fits their age group, specific risks, budget and lifestyle. This helps them stay well-protected at every stage of their driving life.
Select your age group and coverage level below to see the list of best car insurance companies and their annual average rates.
| Company | Annual rates | Customer satisfaction rating |
|---|---|---|
- Full coverage: 100/300/100 liability with $500 comprehensive/collision deductible
- Liability only: 50/100/50 liability only
- State minimum: State minimum coverage
Check out our detailed guide on average car insurance rates by age group
Best for teen drivers in Oregon
Teen drivers typically face higher insurance premiums due to their higher risk and lack of driving experience. It’s important to find insurance companies that offer competitive insurance rates and provide benefits for teen drivers, such as good student discounts, driver training discounts and accident forgiveness.
Known for its lower-than-average rates for teen drivers, Country Financial is a great option for teenagers looking to save on premiums at $2,844 a year.
To determine the best car insurance companies for teen drivers, we considered several factors to ensure a thorough evaluation. Each company’s overall score is based on a weighted analysis of four primary factors:
- The average annual full-coverage car insurance cost (25%)
- J.D. Power score (30%)
- AM Best rating (25%)
- NAIC rating (20%)
Each factor is given a specific percentage weight according to how well the companies performed in each category.
Based on our analysis, here are some of the top choices for teens aged 16-19:
| Company | Annual cost | AM Best | J.D. Power | NAIC | Overall score out of 5 |
|---|---|---|---|---|---|
| Country Financial | $2,844 | A+ | 828 | 0.34 | 3.87 |
| Travelers | $4,343 | A++ | 810 | 0.49 | 3.47 |
| State Farm | $4,227 | A++ | 821 | 0.7 | 3.42 |
| Geico | $4,871 | A++ | 797 | 0.91 | 3.19 |
| Nationwide | $5,519 | A+ | 810 | 0.64 | 3.07 |
| Progressive | $8,838 | A+ | 807 | 0.65 | 2.69 |
| Allstate | $10,279 | A+ | 783 | 0.65 | 2.54 |
| Farmers | $9,282 | A | 796 | 0.8 | 2.49 |
Best for young adults in Oregon
Young drivers often face higher premiums due to their perceived risk, making it important to find the right insurance company. Based on an analysis by the National Safety Council, 7,300 drivers were involved in fatal crashes for the age group 20-24, accounting for 11.2% of the total drivers in such incidents.
Companies like Country Financial and Travelers offer competitive rates that are more affordable for younger drivers aged 20-24.
For our 2024 ranking of the best car insurance companies for young adults, we considered four factors: average annual full coverage car insurance cost (25%), J.D. Power score (30%), AM Best rating (25%), and NAIC rating (20%). Each factor has been weighted accordingly to evaluate overall performance.
| Company | Annual cost | AM Best | J.D. Power | NAIC | Overall score out of 5 |
|---|---|---|---|---|---|
| Country Financial | $1,886 | A+ | 828 | 0.34 | 3.76 |
| Travelers | $2,115 | A++ | 810 | 0.49 | 3.48 |
| State Farm | $2,412 | A++ | 821 | 0.70 | 3.33 |
| Geico | $2,454 | A++ | 797 | 0.91 | 3.16 |
| Nationwide | $2,433 | A+ | 810 | 0.64 | 3.12 |
| Progressive | $2,945 | A+ | 807 | 0.65 | 2.99 |
| Farmers | $2,807 | A | 796 | 0.80 | 2.87 |
| Allstate | $4,689 | A+ | 783 | 0.65 | 2.54 |
Best for adult drivers in Oregon
Different age groups have varying needs and priorities when it comes to car insurance. The key considerations for adult drivers aged 25 to 60 are coverage options, better customer service and premium costs.
Country Financial is the best car insurance company in Oregon for adult drivers. It offers full coverage insurance at an average cost of $1,554 a year and has an overall rating of 3.62, higher among the companies analyzed.
We have considered four different factors to curate a list of the best car insurance companies for adult drivers. These factors consist of average annual full coverage car insurance cost (25%), J.D. Power score (30%), AM Best rating (25%) and NAIC rating (20%).
Experienced drivers are generally considered low-risk compared to younger drivers. This age group typically benefits from lower insurance premiums due to their experience and lower accident rates.
Below is a list of the best insurance companies in Oregon for adults aged 25-60 and annual premiums.
| Company | Annual cost | AM Best | J.D. Power | NAIC | Overall score out of 5 |
|---|---|---|---|---|---|
| Country Financial | $1,554 | A+ | 828 | 0.34 | 3.62 |
| Travelers | $1,337 | A++ | 810 | 0.49 | 3.50 |
| State Farm | $1,503 | A++ | 821 | 0.70 | 3.36 |
| Nationwide | $1,395 | A+ | 810 | 0.64 | 3.20 |
| Geico | $1,649 | A++ | 797 | 0.91 | 3.13 |
| Progressive | $1,768 | A+ | 807 | 0.65 | 3.04 |
| Farmers | $2,087 | A | 796 | 0.80 | 2.74 |
| Allstate | $2,921 | A+ | 783 | 0.65 | 2.54 |
Best for senior drivers in Oregon
Country Financial provides the most affordable car insurance for senior drivers with premiums as low as $1,465 per year.
Finding the best car insurance companies for senior drivers requires a detailed analysis of various important factors. The overall score for each insurer is based on a weighted analysis of four different factors: the average annual full-coverage car insurance cost (25%), J.D. Power score (30%), AM Best rating (25%), and NAIC rating (20%). The percentage weight assigned to each factor corresponds to its importance in determining an insurance provider’s financial strength, affordability, customer experience and complaint ratio.
Below are the best auto insurance companies in Oregon for senior drivers aged 65-75.
| Company | Monthly cost | AM Best | J.D. Power | NAIC | Overall score out of 5 |
|---|---|---|---|---|---|
| Country Financial | $122 | A+ | 828 | 0.34 | 3.65 |
| Travelers | $113 | A++ | 810 | 0.49 | 3.48 |
| State Farm | $122 | A++ | 821 | 0.70 | 3.37 |
| Geico | $114 | A++ | 797 | 0.91 | 3.24 |
| Nationwide | $109 | A+ | 810 | 0.64 | 3.23 |
| Progressive | $153 | A+ | 807 | 0.65 | 3.01 |
| Farmers | $190 | A | 796 | 0.80 | 2.68 |
| Allstate | $251 | A+ | 783 | 0.65 | 2.54 |
Learn more about how to shop for car insurance for seniors
Best overall car insurance company in state
Please enter the correct format
Our apologies, we cannot display the data due to availability or spelling errors. Please check the spelling and try again. For assistance, reach out us via How do I choose the best insurance company based on my driver profile in Oregon?
Selecting the right insurance company is heavily influenced by your driver profile. Here’s how to choose the best insurer to meet your specific needs:
For budget-conscious drivers in Oregon
Look for car insurance companies that offer discounts, including safe driver, multi-policy and automatic payment discounts, to reduce your premiums. And you can opt to pay your premiums monthly, semi-annually or annually.
Find the best insurance companies and their annual rates for different coverage levels listed below in Oregon.
| Company | State-minimum | Liability-only | Full coverage |
|---|---|---|---|
| Oregon Mutual Insurance | $445 | $497 | $1,147 |
| 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 | $439 | $495 | $1,277 |
Notes:
- Full coverage car insurance limit is 100/300/100 with a $500 deductible.
- Liability-only car insurance limit is 50/100/50.
- State minimum car insurance is 25/50/20.
For high-risk drivers in Oregon
If you’re a high-risk driver or someone with traffic violations or DUIs, seek insurance companies specializing in high-risk policies. To help lower your rates, try to improve your driving record by taking a defensive driving course. These actions can help you save money on your insurance over time.
High-risk status isn’t permanent. As your driving record improves and your risk profile changes, regularly compare insurance rates and options.
| Company | 6-month cost | Annual cost |
|---|---|---|
| Travelers | $996 | $1,991 |
| Nationwide | $1,092 | $2,184 |
| State Farm | $1,196 | $2,391 |
| Progressive | $1,324 | $2,647 |
| Geico | $1,619 | $3,238 |
| Farmers | $1,760 | $3,520 |
| Allstate | $2,130 | $4,260 |
| USAA | $996 | $1,992 |
By thoroughly researching and understanding their specific driver profiles, high-risk drivers can find an insurance company that meets their needs and offers the best value.
In conversation with experts
CarInsurance.com editors interviewed James Brau, Joel C. Peterson, professor of finance at Brigham Young University. See his responses below.
How important is customer service when deciding the right car insurance company?
Customer service is critical – it should be one of the top factors consumers consider. All else equal, meaning similar premiums, coverage, riders, etc., customer service is often the deciding factor. If a customer gets to speak to a cheerful human without 10 minutes of robot phone trees, especially when stressed out after a wreck or theft, it makes life a lot better.
What are the key factors that consumers should consider when selecting a car insurance company in their state?
Customers should do research pertaining to coverage, premiums, reputation, how many stars on reviews, etc. Make sure to compare apples to apples – that you’re getting the same coverage amounts, for example. Shop around – competition helps the consumer.
How often should policyholders review and adjust their car insurance policies?
Every six months is a good rule of thumb because most people pay in semi-annual installments. If you keep your company on its toes, they are more likely to stay competitive and offer special pricing, deals, incentives, etc.
Frequently asked questions
What is the average cost of car insurance in Oregon?
In Oregon, the average yearly cost of car insurance is $1,678. The cost can differ based on factors like the driver’s age, driving history and coverage limits.
How much car insurance coverage do I need in Oregon?
When evaluating your car insurance requirements in Oregon, it’s important to know the state’s minimum required coverage. Typically, it includes $25,000 for bodily injury per person, $50,000 for bodily injury per accident and $20,000 for property damage liability.
If you have valuable assets to protect, it’s advisable to exceed Oregon’s minimum car insurance requirements and choose higher liability limits. CarInsurance.com editors recommend opting for full coverage car insurance with limits of 100/300/100 and a $500 deductible for collision and comprehensive coverage.
Here’s what it means:
- $100,000 in bodily injury liability per person. This coverage pays for injuries that you, as the policyholder, cause to one person in an accident.
- $300,000 in bodily injury liability per accident: This is the total amount your insurance will cover for bodily injuries per accident, covering costs if multiple people are injured.
- $100,000 in property damage liability per accident: This covers damage you cause to another person’s property in an accident.
These higher limits are recommended because they offer greater financial protection. Additionally, consider your driving habits, vehicle value and financial situation when choosing the coverage limit.
Which company has the best car insurance rates in Oregon?
According to CarInsurance.com’s analysis, Oregon Mutual Insurance provides the most affordable car insurance for Oregon drivers at $96 per month or $1,147 annually.
Resources & Methodology
Sources
- Insurance Institute for Highway Safety. “Fatality Facts 2022 Teenagers.” Accessed September 2024.
- Centers for Disease Control and Prevention. “Risk Factors for Teen Drivers.” Accessed September 2024.
- National Safety Council. “Age of Driver.” Accessed September 2024.
Methodology
CarInsurance.com collected insurance rate data from Quadrant Information Services for Oregon drivers. The rate data is for drivers of different age groups:
- Teens: Age 16-19
- Young adults: Age 20-24
- Adults: 25- 60
- Seniors: 60-75
The different coverage levels include:
- Annual full coverage car insurance with a coverage limit of $100,000 in bodily injury per person, $300,000 in bodily injury coverage per accident, $100,000 in property damage coverage per accident and a $500 collision/comprehensive deductible.
- A six-month car insurance policy with limits of 100/300/100-500 coll/comp deductible.
- Liability-only car insurance rates with a limit of 50/100/50.
- State minimum coverage limit of 25/50/20.
Car insurance rates are calculated by evaluating the sample profile of a 40-year-old male and female 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 limit
The editors created a rating system to determine the best insurance companies in each sector. For auto insurers, we took the following and gave each a weight.
- Average annual cost: 25%
- J.D. Power score: 30%
- AM Best rating: 25%
Each insurer was awarded an overall rating of 0.5 to 5. No insurer in our overall rating received less than 1 rating and 5 was the most any insurer could receive.
To evaluate the rates, we have compared 51,088,003 insurance quotes from 167 national & regional insurance companies across 29,152 cities and 34,588 ZIP codes.
Note: USAA is only available to military community members and their families.
Ask the Insurance Expert
Laura Longero
Executive Editor
Laura Longero is an insurance expert and Executive Editor at CarInsurance.com, where she specializes in helping consumers navigate the complexities of the financial and insurance industries. She has 15 years of experience educating people about finance and car insurance. Prior to joining CarInsurance.com, she worked as a reporter and editor at the USA Today Network. Her expertise provides readers with practical guidance, helping them make informed choices about their financial and insurance needs.
Ask the Insurance Expert
John McCormick
Editorial Director
John is the editorial director for CarInsurance.com, Insurance.com and Insure.com. Before joining QuinStreet, John was a deputy editor at The Wall Street Journal and had been an editor and reporter at a number of other media outlets where he covered insurance, personal finance, and technology.
Ask the Insurance Expert
Leslie Kasperowicz
Executive Editor
Leslie Kasperowicz is an insurance educator and content creation professional with nearly two decades of experience first directly in the insurance industry at Farmers Insurance and then as a writer, researcher, and educator for insurance shoppers writing for sites like ExpertInsuranceReviews.com and InsuranceHotline.com and managing content, now at CarInsurance.com.
Ask the Insurance Expert
Nupur Gambhir
Managing Editor
Nupur Gambhir is a content editor and licensed life, health, and disability insurance expert. She has extensive experience bringing brands to life and has built award-nominated campaigns for travel and tech. Her insurance expertise has been featured in Bloomberg News, Forbes Advisor, CNET, Fortune, Slate, Real Simple, Lifehacker, The Financial Gym, and the end-of-life planning service.