Average Car Insurance Cost in Oregon: 2024-2025
If you're a driver in Oregon, understanding the average cost of car insurance can help you make informed decisions about your coverage. In this article, we'll explore the average car insurance cost in Oregon from 2024 to 2025, and examine the factors that affect your premiums.
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| Average Car Insurance Cost in Oregon 2024-2025 |
Average Car Insurance Cost in Oregon
Oregon drivers pay an average of $137 per month for car insurance, which is 3.5% less than the national average. This makes Oregon the 16th most expensive state for car insurance in the country.
Factors Affecting Car Insurance Cost in Oregon
Several factors contribute to the cost of car insurance in Oregon, including:
1. Age: Young drivers and teens pay more for car insurance, as insurers view inexperienced drivers as riskier.
2. Gender: Male drivers pay an average of $1,356.21 per year, while female drivers pay an average of $1,401.31 per year.
3. Marital Status: Married drivers save an average of $51 per year on car insurance compared to single drivers.
4. Credit Score: Drivers with exceptional credit scores can save an average of $1,483 per year on car insurance premiums.
5. Driving History: Drivers with a history of accidents or violations pay higher car insurance premiums.
Variation in Car Insurance Cost by City
Car insurance costs can vary depending on where you live in Oregon. Here are some average monthly car insurance costs in major cities in Oregon:
- Portland: $143
- Eugene: $134
- Salem: $139
- Gresham: $141
- Hillsboro: $136
How to Save on Car Insurance in Oregon
While car insurance costs can vary, there are ways to save:
1. Shop around: Compare rates from different insurance providers to find the best deal.
2. Bundle policies: Purchasing multiple insurance policies from the same provider can lead to discounts.
3. Maintain a good driving record: Avoid accidents and violations to keep your premiums low.
4. Improve your credit score: A good credit score can lead to lower car insurance premiums.
5. Consider a higher deductible: Increasing your deductible can lower your monthly premiums.
Conclusion
Car insurance costs in Oregon vary depending on several factors, including age, gender, marital status, credit score, and driving history. By understanding these factors and shopping around for the best rates, you can save money on your car insurance premiums. Remember to always prioritize adequate coverage to protect yourself and others on the road.