Wouldn’t it be perfect if you could just know one specific company that has the lowest car insurance rates for 4×4 vehicles? It’s just not that simple, as there are a lot of unknown aspects like how many years you have been driving, if you have a tendency to get pulled over, and the number of miles you drive in a year, that all go into determining the rate you pay. We know insurance is not everyone’s favorite topic, but in this article we will cover these topics and will hopefully give you a good beginning to your quest for cheaper car insurance in Portland.
One of the many things that are looked at to determine the price you pay for insurance is the neighborhood you call home. Areas with high crime rates or more dense population tend to have higher auto insurance costs, whereas areas with fewer weather claims and lower vehicle theft rates get the luxury of paying less.
The following table rates the most expensive areas in Oregon for 4×4 vehicles to purchase auto insurance in. Portland makes the list at #2 with a yearly cost of $1,529 for coverage, which is around $127 per month.
| Rank | City | Average Per Year |
|---|---|---|
| 1 | Gresham | $1,558 |
| 2 | Portland | $1,529 |
| 3 | Oregon City | $1,430 |
| 4 | Hillsboro | $1,393 |
| 5 | Aloha | $1,391 |
| 6 | Lake Oswego | $1,378 |
| 7 | Salem | $1,360 |
| 8 | Woodburn | $1,359 |
| 9 | Beaverton | $1,356 |
| 10 | West Linn | $1,348 |
| 11 | Forest Grove | $1,347 |
| 12 | Tualatin | $1,338 |
| 13 | Newberg | $1,337 |
| 14 | Keizer | $1,325 |
| 15 | Tigard | $1,322 |
| 16 | McMinnville | $1,286 |
| 17 | Redmond | $1,260 |
| 18 | Bend | $1,236 |
| 19 | Roseburg | $1,196 |
| 20 | Corvallis | $1,178 |
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Price information shown is approximated as the specific Portland residence address can affect auto insurance rates greatly.
Deciphering which company offers the cheapest car insurance rates for 4×4 vehicles will involve more time than just quoting one company’s rates. Each company uses their own formula for setting prices, so we will examine the car insurance companies that tend to have lower prices in Portland, OR.
Best Auto Insurance Prices for 4×4’s
| Rank | Company | Cost Per Year |
|---|---|---|
| 1 | Grange | $715 |
| 2 | Country | $831 |
| 3 | Oregon Mutual | $853 |
| 4 | Travelers | $914 |
| 5 | USAA | $970 |
| 6 | State Farm | $1,061 |
| 7 | Amica | $1,125 |
| 8 | Allied | $1,179 |
| 9 | GEICO | $1,190 |
| 10 | Mutual Enumclaw | $1,212 |
| 11 | California Casualty | $1,218 |
| 12 | Progressive | $1,272 |
| 13 | MetLife | $1,288 |
| 14 | 21st Century | $1,350 |
| 15 | American Family | $1,416 |
| 16 | Encompass | $1,606 |
| 17 | Allstate | $1,654 |
| 18 | Farmers | $1,935 |
| 19 | Safeco | $2,216 |
| 20 | Liberty Mutual | $2,458 |
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Grange quotes some of the most affordable car insurance rates in Portland at around $715 a year. Country, Oregon Mutual, Travelers, and USAA would also be considered some of the cheapest Portland, OR insurance companies.
As the example above demonstrates, if you currently have a policy with Travelers and switched to Country, you might see annual savings of around $83. Insureds with USAA could save as much as $139 a year, and State Farm customers might cut rates by $230 a year.
Be aware that those premiums are averages across all drivers and vehicles and are not factoring in a specific vehicle garaging location for 4×4 vehicles. So the insurer that is best for you may not even be in the list above. That illustrates why you need to compare as many prices as possible using your own driver information and specific vehicle type.
Discount Portland auto insurance
Insurance companies that provide policies for 4×4 vehicles may also give you premium discounts that may potentially lower prices by as much as 35% if you meet the requirements. Popular car insurance companies and a summarized list of policyholder discounts are:
- State Farm may offer discounts for Drive Safe & Save, Steer Clear safe driver discount, good student, defensive driving training, and multiple policy.
- Progressive has savings for multi-vehicle, continuous coverage, multi-policy, online quote discount, good student, homeowner, and online signing.
- Travelers has discounts for payment discounts, hybrid/electric vehicle, new car, student away at school, IntelliDrive, and continuous insurance.
- American Family includes discounts for good driver, multi-vehicle, defensive driver, Steer into Savings, and early bird.
- Liberty Mutual offers discounts including multi-car, multi-policy, teen driver discount, good student, new graduate, new move discount, and new vehicle discount.
The information below compares annual premium costs with and without discounts applied to the policy premium. The rates are based on a female driver, no tickets, no at-fault accidents, Oregon state minimum liability limits, comprehensive and collision coverage, and $100 deductibles. The first bar for each age group shows insurance cost with no discounts. The lower bar shows the rates with multiple vehicle, homeowner, accident-free, safe-driver, passive restraint, and multiple policy discounts applied. When discounts are factored in, theamount saved on car insurance for 4×4 vehicles is 28% or $646.
The illustration below demonstrates how deductibles can impact insurance premiums when quoting cheap insurance for 4×4 vehicles. The rate quotes are based on a married female driver, full coverage, and no policy discounts are applied.
A 40-year-old driver could lower their policy premium by $304 a year by switching the physical damage coverage from a $100 deductible up to a $500 deductible, or save $460 by selecting a $1,000 deductible. Even younger insureds, like the Age 20 category, can save $754 or more just by choosing larger deductibles. If you do make the decision to raise your deductibles, it is necessary to have additional savings on hand to offset the extra out-of-pocket expense, which is the one inconvenience of using high deductibles.
Impact of speeding/accidents on Portland car insurance rates
The recommended way to obtain good car insurance premiums for off-road vehicles is to be a careful driver and maintain a clean driving record. The diagram below illustrates how traffic citations and at-fault claims can drive up insurance premiums for each age group. The premiums are based on a married male driver, comp and collision included, $250 deductibles, and no discounts are applied to the premium.
The data charted above shows the average cost of car insurance in Portland per year with no accidents and a clean driving record is $1,437. Add in one speeding ticket and the average cost rises to $1,648, an increase of $211 each year. Now get two accidents along with the one speeding ticket and the annual cost of car insurance for 4×4 vehicles increases to an average of $3,482. That’s an increase of $2,045, or $170 per month, just for not maintaining a clean driving record!