The vehicle model that needs insurance is one of the main factors when comparison shopping for the cheapest car insurance for 20 year old women. Vehicles with limited top-end speed, advanced safety features, or a positive history of liability claims will cost substantially less to insure than fast, unsafe models.
The data below ranks insurance prices for a selection of the cheaper automobiles to buy insurance for.
|Vehicle Make and Model||Estimated Cost for Full Coverage|
|Honda Accord LX-P 4-Dr Sedan||$3,231|
|Honda CR-V LX 2WD||$3,240|
|Ford Escape Limited 4WD||$3,487|
|Ford Edge SE 2WD||$3,572|
|Ford F-150 XL Regular Cab 4WD||$3,621|
|Volkswagen Jetta 2.0T Station Wagon||$3,742|
|Toyota RAV4 Limited 4WD||$3,828|
|Chevrolet Impala LT||$3,838|
|Chevrolet Silverado LS Extended Cab 4WD||$3,828|
|GMC Sierra SLE Crew Cab 2WD||$3,835|
|Chevrolet Malibu LS||$3,828|
|Dodge Grand Caravan SXT||$3,874|
|Ford Explorer Limited 4WD||$3,883|
|Toyota Tacoma Double Cab 4WD||$3,874|
|Honda Civic LX 4-Dr Sedan||$3,987|
|Jeep Wrangler Unlimited Sahara 2WD 4-Dr||$3,990|
|Toyota Camry XLE||$4,037|
|Hyundai Elantra SE 4-Dr Sedan||$4,046|
|Toyota Corolla XLE||$4,037|
|Jeep Grand Cherokee SRT-8 4WD||$4,083|
|Honda Odyssey Touring||$4,091|
|Chevrolet Equinox LTZ AWD||$4,083|
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Data based on single female driver age 20, no speeding tickets, no at-fault accidents, $1,000 deductibles, and Oregon minimum liability limits. Discounts applied include claim-free, and safe-driver. Price estimates do not factor in your specific Portland, OR location which can lower or raise prices greatly.
By looking at the data, you can infer that vehicles like the Honda Accord, Honda CR-V, and Ford Escape will definitely be a few of the most affordable vehicles to insure for young women. Car insurance rates will be more costly just because there is more liability exposure for 20 year old women, but in general those makes and models will probably have the lowest prices that you are likely to find.
One of the more important considerations that are looked at to help calculate auto insurance rates is where you keep your car in Portland. Areas with more people or more claims will most likely have higher rates, whereas more rural areas benefit from lower prices.
The table below ranks the most expensive places in Oregon for 20 year old women to buy auto insurance in. Portland makes the list at #2 with a yearly cost of $1,499 for coverage, which is approximately $125 each month.
|Rank||City||Premium Per Year|
|Find Cheaper Rates Go|
Premium costs are comparative as the specific Portland residence address can impact price quotes significantly.
Finding dependable, budget car insurance is not the easiest thing to accomplish, and determining which insurers offer the best car insurance rates for 20 year old women takes even more shopping around. Every car insurance company has their own unique process for determining rates, so let’s begin by taking a look at the most budget-friendly car insurance companies in Portland, OR.
We do need to point out that Oregon car insurance rates are impacted by many things that will increase or decrease the policy price. This is why it is important to perform a complete rate comparison when trying to get the most budget-friendly car insurance quotes for 20 year old women. Car insurance prices can be determined by many different factors and can decrease or increase without notice, so the cheapest company the last time you shopped around may now be priced much higher than other options.
Best Car Insurance Prices for Women Age 20
|Rank||Company||Cost Per Year|
|Find Cheaper Rates Go|
Grange normally has some of the most affordable car insurance rates in Portland at around $708 per year. This is $770 less than the average premium paid by Oregon drivers of $1,478. Country, Oregon Mutual, USAA, and Travelers also rank well as some of the most economical Portland, OR car insurance companies.
In the above example, if you have coverage with USAA and switched to Grange, you might see an annual savings of upwards of $233. Policyholders with Travelers could save as much as $234 a year, and State Farm customers might lower prices by $321 a year.
To see if your current coverage is too expensive, click here to get quotes or quote rates from the companies below.
It’s important to note that these estimates are averages for all ages of drivers and types of vehicles and are not factoring in an exact vehicle garaging location for 20 year old women. So the car insurance company that can offer you the best rate may not even be in the top 22 companies in the list above. That point stresses why you need to compare rates from as many companies as possible using your own specific driver information and vehicle.
Careless drivers pay higher rates
The obvious way to score the most affordable car insurance rates in Portland for young women is to be a careful driver and avoid tickets and accidents. The information below demonstrates how speeding tickets and at-fault claims raise car insurance rates for different insured age categories. The rates are based on a single male driver, comp and collision included, $1,000 deductibles, and no discounts are applied.
In the prior example, the average cost of car insurance in Oregon per year with no accidents and a clean driving record is $1,791. Get two speeding tickets and the average cost surges to $2,359, an increase of $568 each year. Then add two accidents along with the two speeding tickets and the annual cost of car insurance for 20 year old women jumps again to an average of $4,744. That’s an increase of $2,954, or $246 per month, just for not paying attention while driving!
The chart below shows how choosing a deductible can increase or decrease insurance prices when trying to find cheap insurance for 20 year old women. The premiums assume a married female driver, comprehensive and collision coverage, and no discounts are taken into consideration.
The chart above illustrates that a 40-year-old driver could pocket $294 a year by increasing from a $100 deductible to a $500 deductible, or save $442 by switching to a $1,000 deductible. Younger drivers, such as the 20-year-old example, have the ability to save $730 or more by choosing a larger deductible amount.
When increasing deductibles, it will now be necessary to have additional funds in a savings account to allow you to pay the extra out-of-pocket expense, which deters some people from using high deductibles.
Don’t make the mistake of not shopping around
Portland, OR car insurance rates are impacted by many factors which can significantly increase or decrease the price of your policy. Simply having another birthday, getting married, or getting a few speeding tickets may generate price changes that can make some companies much cheaper than others. Not only may things change on your end, but insurers change rates without warning to reflect underwriting profits or losses. Larger than normal claims can cause rate hikes, while profitable underwriting may cause cheaper Portland car insurance rates.
As an example, the graph below shows which companies have the cheapest car insurance in Portland, OR for a 45-year-old female driver with a clear driving record, no claims, and great credit. When quoting prices based on her current risk profile, Grange has the lowest car insurance rates in Portland at $983 annually. This is $495 less than the average policy premium paid by Oregon drivers of $1,478. Country, Oregon Mutual, Travelers, and USAA are the remainder of the most affordable Portland, OR auto insurance companies.
Now we will pretend the driver from the first set of rates an at-fault accident, slightly worse credit, and a stop sign violation. Since each company uses a different method to determine rates, analyzing rate quotes may now result in a completely different list of companies as shown below.
Allied now has the best insurance rate in Portland, OR with Amica, GEICO, Mutual Enumclaw, and Country also being competitive. This example proves why consumers need to compare as many rates as possible when trying to get the cheapest insurance rates for 20 year old women.
Prices are calculated by many things and can change substantially, so the most economical option the last time you checked may now be costing you a lot of money.