Finding out which insurers offer the most affordable car insurance rates for good students requires more work in order to find the most economical policy. Each auto insurance company uses their own formula to establish rates, so let’s take a look at the most competitive car insurance companies in Portland.
Keep in mind that Portland, OR car insurance rates are determined by lots of factors which can substantially change the price of coverage. Simply getting older, buying higher coverage limits, or getting into an accident can trigger rate changes that may make certain companies more affordable than the competition.
Lowest Insurance Price Quotes for Students
Click Here to Start Your Quote
| Rank | Company | Cost Per Year |
|---|---|---|
| 1 | Grange | $708 |
| 2 | Country | $831 |
| 3 | Oregon Mutual | $844 |
| 4 | Travelers | $914 |
| 5 | USAA | $941 |
| 6 | State Farm | $1,029 |
| 7 | Amica | $1,171 |
| 8 | GEICO | $1,179 |
| 9 | California Casualty | $1,194 |
| 10 | Allied | $1,203 |
| 11 | Mutual Enumclaw | $1,212 |
| 12 | Progressive | $1,235 |
| 13 | MetLife | $1,288 |
| 14 | 21st Century | $1,350 |
| 15 | American Family | $1,431 |
| 16 | Encompass | $1,606 |
| 17 | Allstate | $1,705 |
| 18 | Farmers | $1,954 |
| 19 | Safeco | $2,172 |
| 20 | Liberty Mutual | $2,508 |
| Get Personalized Rates Go | ||
Grange quotes some of the cheapest car insurance rates in Portland at around $708 a year. This is $770 less than the average premium paid by Oregon drivers of $1,478. Country, Oregon Mutual, Travelers, and USAA also rank well as some of the best Portland, OR car insurance companies.
As the example above demonstrates, if you buy coverage from Oregon Mutual and switched to Grange, you could realize a yearly savings of in the vicinity of $136. Policyholders with Travelers may save as much as $206 a year, and USAA customers might reduce prices by as much as $233 a year.
Bear in mind that those premium estimates are averaged for all drivers and vehicles in Oregon and do not factor in a specific zip code for good students. So the company that is best suited for you may not even be in the top 22 companies shown above. That emphasizes why you need to get rate quotes from many companies using your own driver and vehicle profiles.
The type of vehicle you are trying to insure is probably the most important factor when trying to find economical insurance for good students. Vehicles with more horsepower, a lack of modern safety features, or an increased likelihood of liability claims will cost substantially more to insure than safer, lower-performance models. The table below outlines car insurance prices for a handful of the most economical automobiles to insure.
| Make and Model | Estimated Cost for Full Coverage |
|---|---|
| Hyundai Elantra GLS Touring Station Wagon | $5,230 |
| Honda Accord LX-P 4-Dr Sedan | $5,236 |
| Ford Escape XLT 2WD | $5,230 |
| Honda CR-V EX-L 2WD | $5,281 |
| Toyota Prius | $5,659 |
| Chevrolet Silverado LS Regular Cab 4WD | $5,824 |
| Ford F-150 XLT Super Cab 2WD | $5,876 |
| Dodge Grand Caravan SE | $5,884 |
| Ford Explorer XLT 2WD | $5,876 |
| Volkswagen Jetta 2.0T Station Wagon | $5,992 |
| Ford Edge SEL AWD | $6,154 |
| Honda Odyssey EX W/Rear Entertainment | $6,160 |
| Jeep Grand Cherokee Laredo 2WD | $6,205 |
| Toyota RAV4 Limited 2WD | $6,214 |
| Toyota Camry LE | $6,205 |
| Chevrolet Equinox LT AWD | $6,212 |
| Toyota Tacoma Double Cab TRD Off-Road Package 4WD | $6,254 |
| Start a Quote Go | |
Premium data assumes single female driver age 17, no speeding tickets, no at-fault accidents, $1,000 deductibles, and Oregon minimum liability limits. Discounts applied include safe-driver, and claim-free. Price estimates do not factor in specific location information which can revise insurance rates noticeably.
Based upon the rates shown, you can expect vehicles like the Hyundai Elantra, Honda Accord, Ford Escape, and Honda CR-V are most likely going to be some of the cheapest vehicles to insure for student drivers.
For student drivers, one of the big factors that are used to help calculate the price you pay for insurance is where you call home in Portland. Regions with more people or even just more weather-related claims will most likely have higher rates, whereas areas with less congestion have the luxury of cheap car insurance rates.
The illustration below rates the highest-priced areas in Oregon for good students to buy an auto insurance policy in. Portland is listed at #2 with an annual rate of $1,544 for the average insurance policy, which is about $129 monthly.
| Rank | City | Annual Premium |
|---|---|---|
| 1 | Gresham | $1,622 |
| 2 | Portland | $1,544 |
| 3 | Oregon City | $1,430 |
| 4 | Aloha | $1,405 |
| 5 | Forest Grove | $1,388 |
| 6 | Woodburn | $1,387 |
| 7 | Beaverton | $1,370 |
| 8 | Lake Oswego | $1,364 |
| 9 | West Linn | $1,362 |
| 10 | Tualatin | $1,352 |
| 11 | Keizer | $1,351 |
| 12 | Hillsboro | $1,339 |
| 13 | Newberg | $1,323 |
| 14 | Tigard | $1,322 |
| 15 | Salem | $1,306 |
| 16 | McMinnville | $1,286 |
| 17 | Redmond | $1,247 |
| 18 | Bend | $1,224 |
| 19 | Grants Pass | $1,191 |
| 20 | Albany | $1,188 |
| 21 | Corvallis | $1,178 |
| 22 | Medford | $1,169 |
| 23 | Springfield | $1,158 |
| 24 | Roseburg | $1,150 |
| 25 | Eugene | $1,123 |
| Get a Custom Quote Go | ||
Rates are estimated as the specific geographic location can alter premiums substantially.
Insuring your vehicle with the best auto insurance company can be a challenge considering how many choices there are in Portland. The information below can help you select which coverage providers to look at when trying find the best insurance for good students. The rankings below only include companies with a national presence, so smaller companies that only insure vehicles in Oregon are not included in this list.
| Company | Value | Customer Service | Claims | Customer Satisfaction | A.M Best Rating | Overall Score |
|---|---|---|---|---|---|---|
| USAA | 98 | 100 | 100 | 94% | A++ | 98.6 |
| American Family | 98 | 89 | 100 | 86% | A | 95.4 |
| State Farm | 88 | 93 | 96 | 90% | A++ | 92.4 |
| The Hartford | 94 | 92 | 90 | 89% | A+ | 91.7 |
| AAA Insurance | 88 | 89 | 95 | 91% | A | 91.2 |
| GEICO | 84 | 93 | 93 | 89% | A++ | 90.3 |
| The General | 89 | 91 | 89 | 88% | A- | 90 |
| Progressive | 84 | 91 | 93 | 87% | A+ | 89.5 |
| Allstate | 85 | 90 | 92 | 88% | A+ | 89.3 |
| Nationwide | 87 | 88 | 84 | 90% | A+ | 88.7 |
| Liberty Mutual | 84 | 87 | 93 | 88% | A | 88.5 |
| 21st Century | 85 | 86 | 87 | 88% | A | 86.7 |
| Esurance | 85 | 80 | 95 | 87% | A+ | 85.9 |
| Safeco | 85 | 85 | 85 | 86% | A | 85.8 |
| Travelers | 80 | 87 | 87 | 83% | A++ | 85.2 |
| Compare Rates Now Go | ||||||
Data Source: Insure.com Best Car Insurance Companies
Careless driving habits raise car insurance rates
The obvious way to obtain affordable car insurance prices in Portland for student drivers is to be a good driver and avoid getting tickets or having accidents. The information below highlights how traffic violations and at-fault claims drive up premium costs for different age groups of insureds. The data assumes a single male driver, full physical damage coverage, $1,000 deductibles, and no discounts are factored in.
In the previous chart, the average cost of car insurance in Portland per year with no accidents or violations is $1,791. Get two speeding tickets and the average cost rises to $2,359, an increase of $568 each year. Then add two accidents along with the two speeding tickets and the yearly cost of car insurance for good students increases to an average of $4,744. That’s an increase of $2,954, or $246 per month, just for being a less-than-perfect driver!
The auto insurance agents in Portland shown below can help you decide which insurance coverage you need, since some drivers have questions and prefer to have a little guidance when shopping around for cheaper insurance for good students. It can be difficult to find the best policy yourself, so insurance agents can give you peace of mind knowing your coverage gives you enough protection. To find a Portland insurance agent nearest to you, click the button at the bottom.
Chamberlain Insurance
7831 SE Stark St #102 – Portland, OR 97215 – (503) 256-1448
Ross and Associates Insurance Services, Inc.
9201 SE 91st Ave – Portland, OR 97086 – (503) 698-3833
Vern Fonk
9955 SE Washington St #103 – Portland, OR 97216 – (971) 213-1015
More insurance agents in Portland, OR
How to find low-cost insurance for good students
Below you’ll find some of the better penny-pinching ideas that can help Oregon drivers quote cheap car insurance.
- Don’t waste money on full coverage for older vehicles
- Increase your credit rating
- Do not get into accidents that are your fault
- Drive a car with a high safety rating
- Increase physical damage deductibles
- Do not get tickets or violations
- Compare prices as often as possible
That last piece of advice is very critical, as was pointed out in the prior information. Prices in Portland can change considerably in a year, so drivers shouldn’t be reluctant to buy from a different company if a better rate can be found. Being loyal to a particular company is commendable, but it’s not recommended if it’s costing you hundreds of dollars year after year. Spend a few minutes and shop around to find cheaper insurance for good students.