Wouldn’t it be excellent if we could instantly tell you the single best car insurance company that has the best deal on coverage for single moms? It’s not that simple, unfortunately, as there are a whole bunch of unknowns such as where you live in Portland, whether you are female or male, and if you just need liability coverage, that all have an effect on the price of a policy. Car insurance is kind of a dry topic, but this article will explain the different ways to avoid overpaying and will hopefully give you a solid foundation to find cheaper car insurance.
Finding decent, cheap auto insurance is tough enough, and deciding which company has the cheapest insurance rates for single moms may require a little more work. Every insurance company uses a slightly different approach to determine premium rates, so let’s begin by examining the overall cheapest insurance companies in Oregon.
Find the Best Cheap Insurance for Single Moms
| Rank | Company | Cost Per Year |
|---|---|---|
| 1 | Grange | $715 |
| 2 | Country | $831 |
| 3 | Oregon Mutual | $853 |
| 4 | USAA | $941 |
| 5 | Travelers | $952 |
| 6 | State Farm | $1,029 |
| 7 | GEICO | $1,155 |
| 8 | Amica | $1,171 |
| 9 | Mutual Enumclaw | $1,176 |
| 10 | California Casualty | $1,194 |
| 11 | Allied | $1,215 |
| 12 | Progressive | $1,235 |
| 13 | MetLife | $1,288 |
| 14 | 21st Century | $1,364 |
| 15 | American Family | $1,459 |
| 16 | Encompass | $1,622 |
| 17 | Allstate | $1,722 |
| 18 | Farmers | $1,935 |
| 19 | Safeco | $2,172 |
| 20 | Liberty Mutual | $2,433 |
| Compare Rates Now Go | ||
Grange may offer some of the cheapest car insurance rates in Portland at around $715 per year. Country, Oregon Mutual, USAA, and Travelers would also be considered some of the best Portland, OR car insurance companies.
As shown above, if you are a customer of USAA and switched to Grange, you might achieve savings of roughly $226. Oregon drivers with Travelers could save as much as $237 a year, and State Farm insureds might cut rates by $314 a year.
Be aware that those premium estimates are averages across all drivers and vehicles in Oregon and are not factoring in a specific vehicle garaging location for single moms. So the auto insurance company that is best for you may not even be in the list above. That underscores the importance of why you need to get auto insurance quotes using your own individual information.
One of the more important factors that help determine the annual cost of car insurance is where you choose to live. Areas with increased crime or more people tend to have higher auto insurance costs, whereas areas with less people or fewer weather incidents get the luxury of paying less.
The table below ranks the priciest cities in Oregon for single moms to purchase car insurance in. Portland is listed at #2 with an annual cost of $1,499 for the average insurance policy, which is around $125 each month.
| Rank | City | Annual Premium |
|---|---|---|
| 1 | Gresham | $1,622 |
| 2 | Portland | $1,499 |
| 3 | Oregon City | $1,444 |
| 4 | Lake Oswego | $1,420 |
| 5 | Beaverton | $1,398 |
| 6 | Aloha | $1,391 |
| 7 | Tigard | $1,376 |
| 8 | Keizer | $1,365 |
| 9 | Newberg | $1,364 |
| 10 | Salem | $1,360 |
| 11 | Forest Grove | $1,360 |
| 12 | Tualatin | $1,352 |
| 13 | Hillsboro | $1,352 |
| 14 | West Linn | $1,348 |
| 15 | Woodburn | $1,346 |
| 16 | McMinnville | $1,286 |
| 17 | Redmond | $1,247 |
| 18 | Bend | $1,200 |
| 19 | Roseburg | $1,185 |
| 20 | Albany | $1,177 |
| 21 | Medford | $1,169 |
| 22 | Eugene | $1,157 |
| 23 | Grants Pass | $1,156 |
| 24 | Corvallis | $1,132 |
| 25 | Springfield | $1,124 |
| Compare Rates Now Go | ||
Premium costs are estimated as the specific zip code location can modify insurance rates significantly.
The vehicle model that needs insurance is a significant factor that determines whether or not you can buy the most affordable car insurance for single moms. Vehicles with reasonable performance levels, a great safety record, or a low likelihood of having liability claims will cost significantly less to insure than higher performance models. The data below shows insurance premiums for a number of the cheapest automobiles to insure.
| Vehicle Make and Model | Estimated Cost for Full Coverage |
|---|---|
| Honda CR-V EX-L 4WD | $1,363 |
| Honda Accord LX 4-Dr Sedan | $1,526 |
| Ford F-150 XLT Super Cab 4WD | $1,531 |
| Dodge Grand Caravan Crew | $1,612 |
| Ford Explorer Limited AWD | $1,621 |
| Ford Escape XLT 2WD | $1,633 |
| Toyota Prius | $1,689 |
| GMC Sierra SL Crew Cab 2WD | $1,694 |
| Jeep Wrangler Sport 4WD 2-Dr | $1,703 |
| Chevrolet Equinox LTZ 2WD | $1,694 |
| Toyota Corolla XRS | $1,702 |
| Jeep Grand Cherokee Limited 2WD | $1,694 |
| Ford Focus S 4-Dr Sedan | $1,775 |
| Honda Odyssey EX W/Rear Entertainment | $1,784 |
| GMC Sierra 2500HD SLT Extended Cab 4WD | $1,778 |
| Compare Rates Now Go | |
Data based on single female driver age 30, no speeding tickets, no at-fault accidents, $1,000 deductibles, and Oregon minimum liability limits. Discounts applied include multi-policy, safe-driver, claim-free, homeowner, and multi-vehicle. Information does not factor in zip code location which can influence price quotes significantly.
Looking at the data, we can tell that makes and models like the Honda CR-V, Honda Accord, and Ford F-150 should be some of the most economical vehicles to insure for single parents.
How violations and accidents impact rates
The common sense way to score good insurance premiums in Oregon for single parents is to be a safe driver and avoid accidents and violations. The illustration below demonstrates how citations and at-fault claims increase premium costs for different age groups. The premiums are based on a single female driver, full physical damage coverage, $250 deductibles, and no other discounts are factored in.
In the prior example, the average cost of a car insurance policy in Oregon per year with no accidents and a clean driving record is $1,761. Receive two speeding tickets and the average cost increases to $2,368, an increase of $608 each year. Next add two accidents along with the two speeding tickets and the yearly cost of insurance for single moms jumps again to an average of $4,508. That’s an increase of $2,747, or $229 per month, just for not keeping your driving record clean!
The diagram below demonstrates how deductible levels can change insurance prices when quoting cheap insurance for single moms. Data assumes a married female driver, comp and collision included, and no additional discounts are factored in.
The chart above illustrates that a 40-year-old driver could save $294 a year by switching from a $100 deductible to a $500 deductible, or save $442 by using a $1,000 deductible. Young drivers, like the 20-year-old, can cut as much as $730 each year by using higher deductibles when buying full coverage.
If you make the decision to raise deductibles, it is important to have enough savings set aside to enable you to cover the extra out-of-pocket expense. That is the one drawback of using higher deductibles.
Low rates today, overpriced tomorrow
Portland insurance rates are calculated based on many things that control the cost of having a policy. Simply getting older, increasing liability limits, or getting a DUI may cause policy rate changes that can cause some rates to be much cheaper than others. Not only may things change on your end, but insurers file new Oregon car insurance rates multiple times each year to adjust for gains or losses. Higher than usual claims may cause a rate increase, while lower claims may produce lower-cost Portland car insurance rates.
For example, the data below shows the cheapest car insurance in Portland, OR for a 35-year-old male driver with no prior claims, no tickets, and a good credit rating. If we estimate rates based on his personal profile, Grange might quote the cheapest car insurance rates in Portland at $910 each year. This is $568 less than the average policy premium paid by Oregon drivers of $1,478. Oregon Mutual, Country, Travelers, and USAA round out the rest of the most affordable Portland, OR auto insurance companies.
The chart below compares rates after we give the driver in the first example a chargeable claim, less-than-perfect credit, and a traffic citation. Since each auto insurance company has a unique approach to set premium rates, comparing insurance quotes may result in a new list of affordable companies as shown below.
Oregon Mutual now has the cheapest rate in Portland, OR with Amica, GEICO, Mutual Enumclaw, and California Casualty now rounding out the top five. This demonstrates why it is important to spend some time comparing rates when trying to find the lowest insurance quotes for single moms.
Prices consist of many risk factors and change frequently, so the best price the last time you compared rates may now be wasting a lot of money.
How to find economical insurance for single moms
Lowering your rates is not difficult, and here are a few thrifty ideas that can help you locate more affordable coverage.
- At-fault accidents can raise rates significantly
- On older vehicles, drop full coverage
- Be a cautious driver
- Increase your comprehensive and collision deductibles
- Drivers with good credit often pay less
- Buy vehicles with good safety ratings
- Keep rates low by shopping around frequently
That last piece of advice is extraordinarily vital, as was affirmed in the article above. Prices charged by car insurance companies can change considerably in a year, so drivers shouldn’t be resistant to switch to a new company if you find a better deal.
Being loyal to a particular company is commendable, but it’s not a great idea if that loyalty ends up costing hundreds of dollars a year. In less than five minutes you could shop around and find cheaper insurance for single moms in Portland.
If you like to have a little guidance when trying to find the best insurance rates for single moms, the agents below can probably aid you in deciding which coverages and limits you need.
To locate an agency closest to you, click the button after the list or click here to compare prices now.
- Darrell Grenz Insurance Agency
5651 N Lombard St – Portland, OR 97203 – (503) 206-6736 - GEICO Insurance Agent
8845 SW Cascade Ave Suite 110 – Beaverton, OR 97008 – (503) 924-3320 - Matthew K Barnett Agency
3332 N Lombard St – Portland, OR 97217 – (503) 285-2546 - Gustavo Soares – State Farm Insurance Agent
650 NE Holladay St Ste 1600 – Portland, OR 97232 – (503) 287-0027