By Nicole Dieker

The Best Oregon Auto Insurance Companies

Finding the best car insurance in Oregon isn’t just about getting the lowest rates. It’s also about getting the right coverage for you, your family, and your car. Adding comprehensive coverage, for example, could save you from paying out of pocket for unexpected damages like snow and hail. Adding rideshare coverage could protect you if something happens while you’re driving for Lyft or Uber. Any number of scenarios specific to you could change the types and levels of car insurance coverage you’ll need.

Use our review to get a better understanding of the car insurance options available to you, so you can make an informed choice between the top companies in Oregon.

How We Found the Best Oregon Auto Insurance Companies

We researched the five largest insurance providers in Oregon using the same methodology we developed for our review of nationwide auto insurance providers. We pulled reports from A.M. Best to determine each insurer’s financial strength and ability to pay its claims. We looked at consumer rankings on J.D. Power and Consumer Reports to determine whether people were happy with their overall experience and claims process. We also checked the Consumer Guide to Oregon Insurance Complaints to learn how many Oregon residents complained about each provider — and how those providers responded.

The 5 Best Auto Insurance Companies in Oregon

State Farm

State Farm comes with a strong reputation for both financial stability and customer service. A.M. Best gives State Farm an “A++” for financial strength, meaning that it definitely has the resources it needs to pay out insurance claims. Consumer Reports gives State Farm a “very good” ranking for its claims process and an “excellent” for speedy claims payment, and J.D. Power gives State Farm three out of five points for overall customer satisfaction.

State Farm doesn’t offer as many add-on coverages as the other providers on our list, but you do have a few options above and beyond the standard policy, like rental reimbursement and roadside assistance. State Farm also offers rideshare coverage, which is a must-have if you drive for Uber or Lyft. Personal auto insurance doesn’t cover your car when you use it for commercial purposes — as pizza delivery drivers are well aware.

If you’re looking to save money on your car insurance, State Farm offers plenty of discounts, too, including:

  • Accident-free
  • Defensive driving course
  • Drive Safe & Save™ program
  • Driver training
  • Good driving
  • Good student
  • Motorcycle rider education course
  • Multi-car
  • Multi-line
  • Passive restraint
  • Steer Clear® Safe Driver program
  • Student away at school
  • Vehicle safety

We recommend starting your car insurance search with a quote from State Farm, though we also recommend getting quotes from at least two other top-ranked insurers in Oregon to be sure you’re getting the best rates.

Allstate

Allstate receives a “very good” rating for its claims process and an “excellent” rating for claims payment speed from Consumer Reports. However, its ratings from A.M. Best and J.D. Power are slightly lower than State Farm’s, with an “A+” financial stability rating from A.M. Best (which is still very strong) and only two out of five points for overall claims experience.

On the flip side, Allstate offers more coverage options than State Farm, including classic car coverage and sound system coverage. (Most auto insurance packages don’t cover stereo or speaker theft.) Like State Farm, Allstate recently began offering rideshare coverage for Uber. The company is rolling this program out in Wisconsin, New Jersey, and Illinois first, so Oregon drivers will have to wait — but if you’re set on Allstate and think you might be driving for Uber in the future, it’s worth asking an agent when coverage might be available where you live.

Allstate doesn’t offer quite as many savings as State Farm, although you can get discounts for:

  • Anti-lock brakes
  • Anti-theft device
  • New car
  • EZ pay plan
  • Allstate eSmart®
  • FullPay®
  • Multiple policy
  • Early Signing Discount®
  • Responsible payer
  • Smart student
  • Safe Driving Club

Teens can also qualify for good student and safe driver discounts. If you sign up for Allstate’s Drivewise service — which, like State Farm’s Drive Safe and Save, tracks your daily driving habits — you can get even heftier discounts (plus, earn points that you can use to save money with various retailers).

We’re excited that Allstate is working to expand both its overall coverage options and its market share in Oregon, and we recommend getting a quote to see what it can offer you.

Progressive

Progressive earned an “A+” financial rating from A.M. Best, a “very good” rating for its claims process and an “excellent” rating for claims payment speed from Consumer Reports, and a three out of five for overall satisfaction from J.D. Power. Progressive is also the only insurer on our list to offer pet injury coverage, so if your pets ride in your car on a regular basis, this company may be the best option for you.

In terms of discounts, Progressive has slightly more than Allstate, including discounts for:

  • Multi-policy
  • Safe driver
  • Multi-car
  • Homeowner
  • Sign online
  • Online quote
  • Paperless
  • Continuous insurance
  • Teen driver
  • Good student
  • Pay in full
  • Automatic payment

If you’d like to earn discounts for being a responsible driver, Progressive’s Snapshot program works much like Drivewise and Drive Safe & Save. Install Snapshot on your phone or add a Snapshot device to your car, let it track your driving, and get your discount. The big difference with Snapshot is that it only tracks your driving for a limited period of time — generally around six months — and determines your discount based on that specific period.

Given all that Progressive has to offer, we recommend going online and getting a quote. If you end up choosing Progressive as your insurer, you’ll even get a discount for having completed the online quote process.

Farmers Insurance

If you’re looking for coverage options, Farmers offers more than any insurer on our list by a significant margin. You can get equipment coverage for your stereo or custom paint job; you can get small claim forgiveness coverage to ensure that your rates won’t go up after a minor fender-bender; and you can get no-fault, no-foul coverage to prevent rate increases for accidents where the other driver was at fault. You can also get rideshare coverage if you drive for Lyft or Uber. Although this long list of coverages is impressive, be aware that every option you tack on to your policy will hike up your premium.

If you want to drive that premium back down again, Farmers offers several discounts, including:

  • Multi-line
  • Signal by Farmers® program
  • Discounts for affiliations with approved business groups
  • Students attending school less than 100 miles away
  • Multi-car
  • Teen driver
  • Youthful driver
  • Alternative fuel
  • Electronic Funds Transfer (EFT)
  • Homeowner
  • Pay in full
  • Good student
  • Mature driver

Farmers Insurance does score a little lower than the competition, with just two out of five stars from J.D. Power for overall customer satisfaction. Farmers also receives lower ratings from A.M. Best and Consumer Reports: an “A” for financial stability and a “very good” rating in both claims process and payment speed. Despite this, Farmers might be the right insurer for you if you’re looking for a variety of coverages.

Liberty Mutual

A.M. Best gives Liberty Mutual an “A” for financial stability, J.D. Power awards it three out of five points for overall customer satisfaction, and Consumer Reports rates it “very good” for both claims process and payment speed.

True, Liberty Mutual doesn’t offer as many coverage options as some of our other picks. But it does offer a few unique options, including “better car replacement” coverage. With this add-on, if your car gets totaled, Liberty Mutual will give you the money to buy a car one model-year newer than your old one.

Liberty Mutual offers standard discounts, including:

  • Multi-policy
  • Preferred payment methods
  • Vehicle safety features
  • Alternative energy
  • Multi-car
  • Good student
  • New move

Liberty Mutual also offers the RightTrack program, which tracks your driving in real time and can get you another discount. However, like Progressive’s Snapshot program, RightTrack only tracks your driving for a short period of time — in this case, just 90 days.

You might be able to get more from one of our higher-ranked insurers, but Liberty Mutual has a few items that set it apart. If you’re interested in seeing how Liberty Mutual stacks up, request a quote and compare plans.

Guide to Oregon Auto Insurance

Oregon’s minimum liability requirements

Here’s the minimum amount of liability auto insurance you need to drive in Oregon:

  • $25,000 bodily injury coverage per person
  • $50,000 bodily injury coverage per accident
  • $20,000 property damage coverage per accident

When insurers reference these numbers, they’re often shortened to 25/50/20.

Oregon also requires drivers to carry personal injury protection, or PIP coverage, as well as uninsured motorist bodily injury (UMBI) and underinsured motorist (UIM) coverage. PIP coverage helps pay for medical expenses in a no-fault accident; UMBI and UIM coverages help protect you if you are in an accident where the other driver is at fault but they don’t have enough insurance to cover your expenses.

If possible, purchase more than just the minimum

Most drivers will benefit from increasing their coverage beyond the state minimums. Adding collision coverage to your package pays for damage to your car if you roll it into a ditch, for example. Adding comprehensive coverage would protect you in case of theft. Increasing your 25/50/20 liability coverage would help protect you against having to pay for major expenses out of pocket — if, for example, you were to hit a luxury car and cause more than $20,000 worth of property damage.

Shop around

When you’re comparing quotes from insurance providers, don’t just look for the lowest rate. Consider how much coverage each provider offers, how high a deductible you’ll have to pay out of pocket before your coverage kicks in, and whether you’re purchasing enough coverage to protect you from a variety of potential scenarios, from collisions to severe weather, theft, or injury. Use our review of the top car insurance companies in Oregon to learn what the major providers offer, then shop around to see what kind of rates each one can offer you.

Oregon Auto Insurance FAQ

What are average auto insurance costs in Oregon?

The average expenditure for auto insurance in Oregon comes to $905 per year. This is the result of a number of factors, including instances of distracted driving and people driving newer cars (and the higher insurance claims those cars require).

Why is Oregon auto insurance so expensive?

Oregon’s auto insurance currently falls a little below the national average. But rates have been rising, especially in the Portland metro area, where drivers are paying 43% more for insurance than they were in 2011. Part of this rate hike is due to an increase in smartphone-related distracted driving (don’t text and drive!), but rates are also going up because people are buying newer cars that come with higher repair costs and larger insurance claims. With rates on the rise, it’s important to shop around for car insurance to make sure you’re getting the best possible offer.

Which auto insurance company is the best in Oregon?

The answer to this question will vary based on a number of factors, including:

  • The type of car you drive
  • How often you drive
  • Your age
  • Your driving history
  • The amount of coverage you can afford

We’ve taken the time to review the top five car insurers in Oregon. These stood out to us and passed our testing methodology, but they might not be the best choice for you and your needs. That’s why it’s important to shop around and get as many quotes as possible. You wouldn’t buy the first car you see without comparing it to other options, and the same goes for auto insurance.

The Best Oregon Auto Insurance Companies: Summed Up

State Farm
Allstate
Progressive
Farmers Insurance
Liberty Mutual
A.M. Best financial strength rating
A++
A+
A+
A
A
J.D. Power 2018 U.S. Auto Insurance Study rating (Northwest region)
817/1,000
798/1,000
808/1,000
785/1,000
807/1,000
Consumer Reports reader score
89/100
88/100
87/100
89/100
88/100

You might also like