Who Has Affordable Auto Insurance for Teenage Males in Portland?

One of the more important factors that determine the amount you pay each year for auto insurance is the neighborhood you call home. Regions with larger populations or more claims will most likely have higher rates, whereas more rural areas tend to receive slightly lower rates.

The illustration below ranks the highest-priced areas in Oregon for teenage males to purchase auto insurance in. Portland shows up at #2 with an annual rate of $1,484 for the average insured, which is around $124 each month.

How much is car insurance in Portland?
Rank City Annual Premium
1 Gresham $1,622
2 Portland $1,484
3 Oregon City $1,444
4 Lake Oswego $1,420
5 Aloha $1,405
6 Hillsboro $1,380
7 Newberg $1,377
8 Keizer $1,365
9 Tigard $1,362
10 Beaverton $1,356
11 Forest Grove $1,347
12 Woodburn $1,346
13 McMinnville $1,338
14 Salem $1,320
15 Tualatin $1,312
16 West Linn $1,308
17 Redmond $1,247
18 Bend $1,188
19 Corvallis $1,178
20 Roseburg $1,161
21 Albany $1,153
22 Grants Pass $1,145
23 Springfield $1,136
24 Medford $1,135
25 Eugene $1,135
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Rate information is comparative as specific Portland garaging address can affect premium rates substantially.

Trying to buy affordable auto insurance is not the easiest thing to do, and deciding which company offers the best car insurance rates for teenage males takes a little more work. Each auto insurer uses their own formula for determining rates in each state, so let’s begin by taking a look at the overall cheapest car insurance companies in Oregon.

We do need to point out that Portland, OR car insurance rates are determined by lots of factors that control the policy price. This is why Oregon drivers need to take the time to shop around when trying to find the most budget-friendly insurance quotes for teenage males. Auto insurance prices consist of many factors and change frequently, so the cheapest option when you last compared rates may now not even be in the top five.

Lowest Insurance Price Quotes for Teens

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Cheapest Oregon auto insurance companies
Rank Company Cost Per Year
1 Grange $708
2 Oregon Mutual $819
3 Country $831
4 USAA $941
5 Travelers $952
6 State Farm $1,061
7 GEICO $1,144
8 Allied $1,167
9 Amica $1,171
10 Mutual Enumclaw $1,188
11 California Casualty $1,194
12 Progressive $1,235
13 MetLife $1,327
14 21st Century $1,350
15 American Family $1,474
16 Encompass $1,574
17 Allstate $1,722
18 Farmers $1,954
19 Safeco $2,150
20 Liberty Mutual $2,458
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Grange has some of the best car insurance rates in Portland at around $708 each year. Oregon Mutual, Country, USAA, and Travelers also make the cut as some of the best Portland, OR auto insurance companies.

As the rates illustrate above, if you are a customer of Country and switched to Grange, you may realize an annual savings of roughly $123. Oregon drivers with USAA may save as much as $233 a year, and Travelers customers might see rate reductions of $244 a year.

If you want to see how much you could save, click here to begin a quote or feel free to get quotes from the companies below.

Be aware that those premium estimates are averaged for all insureds and vehicles and and are not calculated with a specific vehicle garaging location for teenage males. So the car insurance company that fits your situation best may not even be in the top 22 companies in the list above. That illustrates why you need to compare as many prices as possible using your own individual information.

The type of vehicle to be insured is one of the largest considerations when comparing quotes for the most economical car insurance for teenage males. Vehicles with high performance features, a lack of modern safety features, or a track record of large liability claims will cost substantially more to insure than safer models. The next table estimates auto insurance costs for some of the more affordable vehicles to buy coverage for.

Cheapest Vehicles to Insure in Portland, OR
Make and Model Estimated Cost for Full Coverage
Ford Escape XLS 2WD $5,994
Honda CR-V EX-L 4WD $6,051
Jeep Wrangler Sport 4WD 2-Dr $6,319
Hyundai Elantra SE Touring Station Wagon $6,418
Toyota Prius $6,473
Ford F-150 XLT Regular Cab 2WD $6,686
Chevrolet Silverado LS Regular Cab 4WD $6,696
Chevrolet Impala LS $7,053
Ford Edge SEL 2WD $7,058
Toyota Tacoma 2WD $7,053
Ford Focus SE 4-Dr Sedan $7,058
Volkswagen Jetta LE 4-Dr Sedan $7,111
Chevrolet Malibu LS $7,120
Ford Fusion S 4-Dr Sedan $7,111
Dodge Grand Caravan Hero $7,117
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Prices above based on single male driver age 16, no speeding tickets, no at-fault accidents, $1,000 deductibles, and Oregon minimum liability limits. Discounts applied include safe-driver, and claim-free. Prices do not factor in vehicle location which can revise coverage prices noticeably.

Based upon these rates, cars like the Ford Escape, Honda CR-V, Jeep Wrangler, and Hyundai Elantra are some of the most economical vehicles to insure for teen boys. The cost of a car insurance policy will be more costly just due to the fact that there is more claim risk for teenage males, but generally speaking those specific models will most likely have the lowest insurance prices compared to other vehicles.

Buying coverage from a highly-rated insurance company can be rather challenging considering how many companies there are to choose from in Oregon. The company ratings shown next could help you analyze which auto insurers to look at when comparing rates.

The rankings below are for companies that insure vehicles nationwide, so smaller companies are not included in this list. To compare prices from these companies and more, just click here.

Top 10 Major Auto Insurers in Portland Ranked by Claims Service

  1. State Farm
  2. Esurance
  3. AAA Insurance
  4. Progressive
  5. GEICO
  6. Liberty Mutual
  7. Allstate
  8. The Hartford
  9. The General
  10. 21st Century

Top 10 Major Auto Insurers in Portland Ranked by Value

  1. USAA
  2. American Family
  3. The Hartford
  4. The General
  5. State Farm
  6. AAA Insurance
  7. Nationwide
  8. Allstate
  9. Esurance
  10. Safeco

Discount Portland auto insurance rates

Cheaper Portland, OR car insurance for teen boysCar insurance companies that offer cheap quotes for teenage males may also give you special discounts that can reduce rates by as much as 40% or more if you meet specific criteria. A list of companies and their offered discounts can be read below.

The information below illustrates the difference between yearly insurance costs with and without discounts applied to the rates. The data assumes a male driver, no claims or violations, Oregon state minimum liability limits, full physical damage coverage, and $500 deductibles.

The first bar for each age group shows insurance cost with no discounts. The second bar shows the rates with passive restraint, anti-theft, paperless filing, paid-in-full, vehicle safety, and continuous coverage discounts applied. When discounts are applied, theamount saved on car insurance for teenage males is 28% or $746.

Comparing rates can save you money

Portland car insurance rates are determined by lots of factors that can increase the price you have to pay. Simply turning a year older, marrying your spouse, or having an accident may generate price changes that may make certain companies cheaper in comparison to the competition.

Also, insurance companies file new Oregon car insurance rates every year as an adjustment for underwriting gains or losses. Heavier than normal losses can cause higher rates, while lower claim expenses can cause lower-priced Portland car insurance rates.

The bar chart below shows the companies that have the cheapest car insurance in Portland, OR for a 30-year-old male driver with no accidents or violations, and a high credit rating. Based on his current situation, Grange quotes the most affordable car insurance rates in Portland at $910 per year. This is $568 less than the average premium paid by Oregon drivers of $1,478. Oregon Mutual, Country, Travelers, and USAA are the remaining cheapest Portland, OR auto insurance companies.

Let’s now give the driver from the first rate comparison an accident claim, a lower credit rating, and a speeding ticket. Due to the fact that every auto insurer has their own process for setting rates, comparing prices most likely will result in a new list of the cheapest car insurance companies in Portland as shown below.

Amica now has the cheapest rate in Portland, OR with Mutual Enumclaw, GEICO, California Casualty, and Oregon Mutual also having competitive pricing. This demonstrates why it is crucial to perform a complete rate comparison when trying to get affordable car insurance rates for teenage males.

Insurance rates are made up of many risk factors and can decrease or increase without notice, so the most affordable company the last time you compared rates may now be one of the higher cost companies.

How to find low-cost insurance for teenage males

The list below details some of the better penny-pinching solutions that can help drivers quote more affordable auto insurance.

The last tip in the list is certainly necessary, as was noted in this write-up. Rates go up and down frequently, so don’t be tentative to buy from a different company if you find a cheaper price.

Many drivers tend to have loyalty to a certain company, but it isn’t a good idea if your bullheadedness ends up costing you a small fortune. If you have a few minutes, now is a great time to compare prices and find cheaper insurance for teenage males in Portland.