Unbelievable but true according to a study about 70% of customers kept their policy with the same company for at least the last four years, and nearly the majority have never compared rate quotes at all. The average driver in Portland can save roughly 60% each year by just comparing rate quotes, but they don’t know how much savings they would realize if they swap their current policy for a cheaper one.
The most effective way to get discount auto insurance rates in Portland is to annually compare prices from different companies who sell auto insurance in Oregon.
- Try to comprehend policy coverages and the measures you can take to prevent expensive coverage. Many factors that increase rates such as multiple speeding tickets and poor credit rating can be improved by making minor changes in your lifestyle.
- Compare rates from exclusive agents, independent agents, and direct providers. Direct companies and exclusive agencies can only provide price estimates from one company like GEICO and State Farm, while independent agents can provide prices from multiple insurance companies. Start a quote
- Compare the price quotes to your existing coverage to determine if you can save on Milan insurance in Portland. If you find a lower rate and decide to switch, ensure there is no coverage lapse between policies.
One important bit of advice is to try to use the same coverage limits and deductibles on each price quote and and to look at as many different insurance providers as possible. This enables a level playing field and maximum price selection.
Cheap companies for Mercury Milan insurance
The providers in the list below are ready to provide price quotes in Oregon. In order to find cheap car insurance in Oregon, it’s highly recommended you click on several of them in order to get a fair rate comparison.
Premium rates and analysis
The table displayed below highlights estimates of rate quotes for Mercury Milan models. Learning how insurance quotes are calculated can benefit drivers when making decisions on which insurance to purchase.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Milan | $182 | $308 | $280 | $16 | $84 | $870 | $73 |
| Milan Premier | $182 | $364 | $280 | $16 | $84 | $926 | $77 |
| Milan Premier AWD | $206 | $364 | $280 | $16 | $84 | $950 | $79 |
| Milan Hybrid | $206 | $364 | $330 | $20 | $98 | $1,018 | $85 |
| Get Your Own Custom Quote Go | |||||||
Data variables include married male driver age 40, no speeding tickets, no at-fault accidents, $500 deductibles, and Oregon minimum liability limits. Discounts applied include multi-vehicle, multi-policy, safe-driver, claim-free, and homeowner. Table data does not factor in specific location information which can revise coverage rates considerably.
Raise deductibles and save
When shopping for car insurance, a common question is which deductibles should you choose. The comparison tables below may help to conceptualize the differences in price when you choose different policy deductibles. The first rate comparisons uses a $250 comprehensive and collision deductible and the second rate table uses a $1,000 deductible.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Milan | $246 | $416 | $272 | $16 | $82 | $1,057 | $88 |
| Milan Premier | $246 | $490 | $272 | $16 | $82 | $1,131 | $94 |
| Milan Premier AWD | $278 | $490 | $272 | $16 | $82 | $1,163 | $97 |
| Milan Hybrid | $278 | $490 | $320 | $18 | $96 | $1,227 | $102 |
| Get Your Own Custom Quote Go | |||||||
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Milan | $152 | $262 | $272 | $16 | $82 | $784 | $65 |
| Milan Premier | $152 | $308 | $272 | $16 | $82 | $830 | $69 |
| Milan Premier AWD | $172 | $308 | $272 | $16 | $82 | $850 | $71 |
| Milan Hybrid | $172 | $308 | $320 | $18 | $96 | $914 | $76 |
| Get Your Own Custom Quote Go | |||||||
Above prices assume married male driver age 30, no speeding tickets, no at-fault accidents, and Oregon minimum liability limits. Discounts applied include multi-vehicle, multi-policy, safe-driver, homeowner, and claim-free. Table data does not factor in vehicle garaging location which can impact insurance rates noticeably.
We can estimate from the data above that using a $250 deductible will cost you roughly $25 more each month or $300 annually across all Mercury Milan models than selecting the higher $1,000 deductible. Since you would have to pay $750 more if you turn in a claim with a $1,000 deductible as compared to a $250 deductible, if you normally go more than 30 months between claims, you would save more money going with the higher deductible.
The chart below demonstrates how choosing different deductibles and can influence Mercury Milan insurance premiums for different age categories. The data is based on a single female driver, full physical damage coverage, and no discounts are taken into consideration.
Full coverage versus liability only rates
The example below shows the comparison of Mercury Milan auto insurance rates with full coverage and liability only. The rate quotes are based on no accidents, no driving violations, $500 deductibles, marital status is single, and no discounts are applied to the premium.
Should you pay for full coverage or liability only?
There is no definitive rule of when to phase out physical damage insurance, but there is a general guideline. If the yearly cost of comp and collision coverage is more than about 10% of the vehicle’s replacement cost less your deductible, then you may want to consider only buying liability coverage.
For example, let’s assume your Mercury Milan replacement cost is $3,000 and you have $1,000 deductibles. If your vehicle is totaled, the most your company would pay you is $2,000 after you pay the deductible. If it’s costing in excess of $200 a year for physical damage coverage, then it might be time to buy liability only.
There are some scenarios where dropping full coverage is not advised. If you still owe money on your vehicle, you have to maintain full coverage as part of the loan conditions. Also, if your finances do not allow you to purchase a different vehicle in the event your current vehicle is totaled, you should keep full coverage on your policy.
Lower the Price of Car Insurance with These Tips
An important part of buying insurance is that you know some of the things that aid in calculating the level of your policy premiums. When you know what positively or negatively impacts premium levels, this enables informed choices that could result in lower premium levels. Lots of things are used in the calculation when premium rates are determined. Some are pretty understandable like a motor vehicle report, although others are more transparent like your continuous coverage or how financially stable you are.
- Allowing your coverage to lapse raises car insurance rates – Driving without insurance can get you a ticket and companies may charge more for letting your insurance expire. Not only will you pay more, the inability to provide proof of insurance might get you fines or a revoked license. You could then be forced to prove you have insurance by filing a SR-22 with the Oregon motor vehicle department to get your license reinstated.
- Stay claim-free and save – Car insurance companies in Oregon give the best rates to policyholders who do not file claims often. If you file claims often, you can pretty much guarantee either a policy non-renewal or much higher rates. Insurance coverage is intended to be relied upon for more catastrophic claims.
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Gender and auto insurance rates – Over time, data shows that men are more aggressive behind the wheel. The data does not necessarily mean that women are BETTER drivers than men. Both sexes are in fender benders in similar numbers, but the male of the species cause more damage and cost insurance companies more money. Not only are claims higher, but men receive more major tickets like driving under the influence (DUI).
The example below compares Mercury Milan insurance rates for male and female drivers. The price estimates are based on no violations or accidents, full physical damage coverage, $250 deductibles, single marital status, and no additional discounts are factored in.
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Bad drivers pay high rates – Whether or not you get tickets has a huge affect on how much you pay. Drivers who don’t get tickets get better prices as compared to those with violations. Getting just one speeding ticket or other violation can bump up the cost forty percent or more. Drivers who have multiple tickets such as reckless driving or DUI may find that they have to to submit a SR-22 form with their state’s department of motor vehicles in order to legally drive.
The information below shows how traffic citations and at-fault collisions can impact Mercury Milan car insurance costs for each age group. The premiums are based on a single male driver, comp and collision included, $100 deductibles, and no other discounts are factored in.
Lower rates by qualifying for discounts
Companies offering auto insurance do not list every discount available very well, so here is a list a few of the more well known and also the lesser-known discounts that you can inquire about if you buy Portland auto insurance online.
- Air Bags and Passive Restraints – Options like air bags and/or automatic seat belt systems may qualify for discounts of 25 to 30%.
- Drivers Ed for Students – Require your teen driver to enroll in driver’s education as it can save substantially.
- Memberships – Being in a qualifying organization is a good way to get lower rates on car insurance.
- Save over 55 – Mature drivers are able to get a slight reduction on a Portland auto insurance quote.
- Early Switch Discount – A few car insurance companies give discounts for switching to them early. It’s a savings of about 10%.
Policy discounts save money, but many deductions do not apply to the entire policy premium. Most only reduce the cost of specific coverages such as comp or med pay. Despite the appearance that having all the discounts means you get insurance for free, car insurance companies aren’t that generous. But all discounts should definitely cut the amount you have to pay.
The illustration below illustrates the comparison of Mercury Milan insurance rates with and without discounts applied to the premium. The data is based on a female driver, no claims or violations, Oregon state minimum liability limits, comprehensive and collision coverage, and $250 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with homeowner, multi-policy, marriage, claim-free, multi-car, and safe-driver discounts applied.
The best car insurance companies and the discounts they provide are:
- American Family may include discounts for mySafetyValet, early bird, air bags, Steer into Savings, and good student.
- State Farm offers premium reductions for defensive driving training, student away at school, safe vehicle, Steer Clear safe driver discount, good student, and driver’s education.
- 21st Century may offer discounts for early bird, 55 and older, automatic seat belts, air bags, driver training, homeowners, and good student.
- Travelers policyholders can earn discounts including good student, multi-car, hybrid/electric vehicle, save driver, and continuous insurance.
- GEICO offers discounts for seat belt use, multi-policy, anti-lock brakes, good student, defensive driver, and emergency military deployment.
Double check with every company which discounts can lower your rates. Some discounts might not be offered on policies in Portland. To see a list of providers who offer online Mercury Milan insurance quotes in Oregon, click this link.
Shop online but buy locally
Certain consumers still like to talk to a local agent. Professional insurance agents can point out coverage gaps and help file insurance claims. One of the benefits of price shopping on the web is the fact that you can find cheaper premium rates and also buy local. Putting coverage with neighborhood agents is definitely important in Portland.
To find an agent, once you fill out this quick form, the quote information is submitted to participating agents in Portland who will give you quotes for your business. It simplifies rate comparisons since you won’t have to search for an agent because prices are sent to you. If you want to quote rates from a particular provider, you can always find their quoting web page and fill out their quote form.
Exclusive and independent Portland car insurance agents
When researching a reliable insurance agent, there are a couple of different types of agents from which to choose. Insurance agencies in Portland can either be exclusive or independent (non-exclusive). Either can properly insure your vehicles, but it’s important to point out how they are different since it could factor into which agent you choose.
Independent Agents (or Brokers)
Agents of this type are not employed by any specific company so they can write business with lots of companies depending on which coverage is best. To move your coverage to a new company, your agent can switch companies and you don’t have to do anything. If you are trying to find cheaper rates, you definitely need to get quotes from at a minimum one independent agency to have the most options to choose from. Most also have access to lesser-known insurance companies that may have much lower rates than larger companies.
Featured below are Portland independent insurance agents who may provide comparison quotes.
- Fox Insurance Agency
1819 SW 5th Ave – Portland, OR 97201 – (503) 277-2300 – View Map - Focus 1 Insurance
1500 NW 18th Ave #107 – Portland, OR 97209 – (503) 206-6588 – View Map - Pibal Insurance Brokers of Oregon
1314 NW Irving St – Portland, OR 97209 – (503) 287-8808 – View Map
Exclusive Agents
Exclusive insurance agents normally can only provide a single company’s rates and some examples include Farmers Insurance, Allstate, or State Farm. They usually cannot compare other company’s rates so they are skilled at selling on more than just price. They receive a lot of sales training on sales techniques which helps them sell on service rather than price. Drivers often purchase coverage from exclusives mostly because of high brand loyalty instead of buying on price only.
Shown below are Portland exclusive insurance agencies who can help you get comparison quotes.
- Michael Holton – State Farm Insurance Agent
7113 SW Macadam Ave – Portland, OR 97219 – (503) 517-9090 – View Map - Mark Nguyen – State Farm Insurance Agent
14146 SE Stark St – Portland, OR 97233 – (503) 253-2110 – View Map - Todd Houser – State Farm Insurance Agent
7515 SW Barnes Rd #101 – Portland, OR 97225 – (503) 297-3788 – View Map
Finding the right auto insurance agent shouldn’t rely on just a cheap price quote. You should also get answers to these questions.
- What company holds the largest book of business for them?
- Does the agent recommend any additional coverage?
- How experienced are they in personal risk management?
- Has the agent ever had any license suspensions?
- Will you work with the agent or an assistant?
- Do the companies they represent have a solid financial rating?
- Are they in the agency full-time?
After talking to the agent and getting answers to your satisfaction to any questions you may have and cheap Milan insurance quotes, you’ve probably found an insurance agency that can properly service your car insurance policy.
Auto insurance company ratings
Choosing a highly-rated insurance company can be a challenge considering how many choices you have in Oregon. The company ratings displayed below can help you choose which auto insurers to look at to insure your vehicles.
Top 10 Portland Car Insurance Companies Ranked by Claims Service
- State Farm
- Esurance
- AAA Insurance
- Progressive
- Liberty Mutual
- GEICO
- Allstate
- Titan Insurance
- The Hartford
- Mercury Insurance
There’s no such thing as the perfect car insurance policy
When it comes to buying insurance from an agent or online for your personal vehicles, there really isn’t a best way to insure your cars. Everyone’s needs are different and your car insurance should unique, too.
For instance, these questions may help you determine if your insurance needs would benefit from professional advice.
- When should I have rental car coverage?
- Does my insurance cover my expensive audio equipment?
- What is no-fault insurance?
- What is an adequate liability insurance limit?
- Can I afford to pay high deductible claims out of pocket?
- When can my company non-renew my policy?
If you’re not sure about those questions but you know they apply to you then you might want to talk to an agent. If you want to speak to an agent in your area, fill out this quick form or click here for a list of car insurance companies in your area. It is quick, free and can help protect your family.
Affordable auto insurance premiums are out there
We just covered many ways to reduce Mercury Milan insurance rates online in Portland. It’s most important to understand that the more you quote Portland auto insurance, the better likelihood of getting the cheapest Mercury Milan rate quotes. You may even find the best rates are with a small local company. They may have significantly lower car insurance rates on certain market segments than the large multi-state companies such as State Farm and Allstate.
As you quote Portland auto insurance, you should never buy poor coverage just to save money. Too many times, an insured cut uninsured motorist or liability limits only to find out that it was a big mistake. The aim is to purchase a proper amount of coverage for the lowest cost, but do not sacrifice coverage to save money.
Additional auto insurance information can be found at these links:
- Protect Yourself Against Auto Theft (Insurance Information Institute)
- What Car Insurance is Cheapest for a Toyota RAV4 in Portland? (FAQ)
- Who Has Cheap Portland Auto Insurance Quotes for College Graduates? (FAQ)
- Who Has Cheap Auto Insurance for Teenage Females in Portland? (FAQ)
- What is Covered by an Auto Insurance Policy? (Insurance Information Institute)
- Auto Insurance Learning Center (State Farm)
- Teen Driving and Texting (State Farm)