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The minimum requirements for car insurance in Portland, Oregon, are relatively comprehensive compared to cities in other states. To drive legally in this northwestern city, you need to carry liability insurance, personal injury protection, and uninsured motorist protection. The following is a full breakdown of the auto insurance you need:
- Bodily injury liability per person: $25,000.
- Bodily injury liability per accident: $50,000.
- Property damage liability: $20,000.
- Uninsured motorist coverage per person: $25,000.
- Uninsured motorist coverage per accident: $50,000.
- Personal injury protection: $15,000.
Car Insurance: Portland Rates vs. State + National Averages
Auto insurance in Portland is one of the costliest in the state of Oregon. However, if you live in Stumptown, you may be able to find cheap car insurance by comparing insurance plans from multiple companies. The cost of car insurance in Oregon is about average in comparison to other states in the U.S.
Portland Auto Insurance Costs by Insurer
Using a sample driver in a 2020 survey, ValuePenguin found that Progressive offered the lowest auto insurance premiums out of the 12 participating companies. The insurer’s quote of $920 per year was $633 less than the average auto insurance cost in the city, which was $1,553. The U.S. wasn’t far behind with its average annual rate of $924 for the 30-year-old male sample driver.
- Progressive: $920 per year.
- Grange Insurance Association: $1,104 per year.
- GEICO: $1,112 per year.
- Mutual of Enumclaw: $1,140 per year.
- Oregon Mutual: $1,164 per year.
- State Farm: $1,272 per year.
- Allied and Nationwide: $1,440 per year.
- American Family: $1,632 per year.
- Encompass: $1,764 per year.
- Farmers: $2,352 per year.
- Sentry: $3,816 per year.
Portland Auto Insurance Premiums by Driver Age
According to The Zebra, auto insurance premiums in Portland by age are as follows:
- Teenagers: $6,762 per year.
- 20s: $2,335 per year.
- 30s: $1,763 per year.
- 40s: $1,668 per year.
- 50s: $1,587 per year.
- 60s: $1,626 per year.
- 70s: $2,023 per year.
Portland Car Insurance Premiums by Gender and Marital Status
The following are car insurance rates in Portland by marital status and gender:
- Male: $1,785 per year.
- Female: $1,884 per year.
- Single: $1,682 per year.
- Married: $1,682 per year.
- Divorced: $1,791 per year.
- Widowed: $1,785 per year.
Portland Insurance Rates After a Violation or Accident
According to The Zebra, below are Portland’s car insurance rates after a violation or accident:
- DWI or DUI: $2,484 per year.
- Reckless driving: $2,673 per year.
- At-fault accident with less than $1,000 of damages: $2,536 per year.
- At-fault accident with more than $2,000 of damages: $2,698 per year.
- Driving at 16 to 20 mph above the speed limit: $2,205 per year.
Portland Auto Insurance Premiums by Credit Tier
The following is a list of auto insurance rates in Portland by credit score:
- Very poor: $3,591 per year.
- Fair: $2,138 per year.
- Good: $1,785 per year.
- Very good: $1,625 per year.
- Exceptional: $1,469 per year.
Expensive Portland ZIP Codes
Other than your credit score and driving history, the place where you reside is one of the major contributing factors to the cost of your car insurance. This is because uninsured motorists, crime, and theft vary by ZIP code. As such, if you live in a neighborhood with a high incidence of accidents or high crime rates, insurers may regard you as a high-risk customer. This means your insurance rate will likely be higher than a friend who lives in another part of town.
Unfortunately, this is also the case in Portland. In areas with ZIP codes ranging from 97218 to 97224, auto insurance premiums increase by 21%, which is about $272.
Cheaper Portland ZIP Codes
According to ValuePenguin, below are the average car insurance rates in some of the major neighborhoods in Portland:
- Downtown: $1,607 per year.
- Northwest District: $1,620 per year.
- Southwest Portland: $1,652 per year.
- Pearl: $1,680 per year.
- Boise: $1,686 per year.
- East Portland: $1,730 per year.
Resource Section
List of Insurance Companies in Portland
In 2016, J.D. Power conducted a study of auto insurance companies in the northwestern region of the U.S. According to the study, GEICO was the best insurer when it comes to claims handling, earning four out of five stars. The company was also the fourth cheapest insurance provider in Portland, but it was less than $100 costlier than Progressive. Depending on your situation, GEICO may be the least expensive insurance company and, therefore, the best overall.
The study also found that Progressive was the cheapest insurance company. Nonetheless, it’s important to note that this insurer managed to score only two out of five stars for claims handling, which is significantly lower than GEICO.
In addition, Progressive is a great choice if you want to obtain car insurance in the quickest possible time. It allows you to buy insurance online without having to speak with an agent, making the process very fast and convenient. If you want to save on auto insurance premiums, make sure Progressive is the cheapest option for you because GEICO isn’t far behind in terms of application processing speed.
No-Fault Insurance in Portland Information
Similar to other parts of Oregon, Portland follows at-fault insurance laws, but it requires no-fault coverage. In a true no-fault state, your insurance company has to pay for your damages whether or not you were at fault in a car accident. The main purpose of no-fault laws is to reduce lawsuits, but people are usually allowed to sue if they sustain severe losses, or the damages exceed a certain dollar limit. Tort laws are the opposite of no-fault laws, giving accident victims the right to file lawsuits against negligent drivers for damages resulting from accidents.
Oregon is one of the few at-fault states that require personal injury protection coverage, the others being Maryland, Delaware, and Washington D.C. As a driver in Portland, you may be able to skip personal injury protection if you submit a written request to your insurance provider, but most people choose to carry it. This type of coverage is cheap and can be very beneficial. It’s a quick way to get compensation for your medical expenses, lost wages, and other costs following an accident.
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