How Much is Portland Car Insurance for Young Drivers?

One of the many components that help determine auto insurance rates is where you live in Portland. More densely populated places will most likely have higher rates, whereas areas that tend to be more rural benefit from lower rates.

The table below lists the most expensive cities in Oregon for young drivers to purchase a policy in. Portland ranks #2 with the yearly price of $1,544 for the average insured, which is around $129 per month.

How much does car insurance cost in Portland, OR?
Rank City Annual Premium
1 Gresham $1,574
2 Portland $1,544
3 Lake Oswego $1,420
4 Oregon City $1,402
5 Woodburn $1,400
6 Hillsboro $1,393
7 Aloha $1,391
8 Forest Grove $1,388
9 Tigard $1,376
10 Newberg $1,364
11 West Linn $1,362
12 Beaverton $1,356
13 Tualatin $1,352
14 Keizer $1,311
15 Salem $1,306
16 McMinnville $1,286
17 Bend $1,224
18 Redmond $1,210
19 Grants Pass $1,191
20 Roseburg $1,161
21 Medford $1,157
22 Albany $1,142
23 Springfield $1,136
24 Eugene $1,135
25 Corvallis $1,132
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Annual rates are approximated as the garaging address in Portland can alter prices considerably.

The type of vehicle you are buying coverage for is one of the primary factors when trying to find low-priced car insurance for young drivers. Vehicles with limited top-end speed, a plethora of safety features, or low incidents of liability claims will cost quite a bit less to insure than adrenaline junky models. The information below outlines insurance prices for a handful of the most budget-friendly automobiles to buy coverage for.

Cheapest Vehicles to Insure in Portland, OR
Insured Vehicle Estimated Cost for Full Coverage
Honda CR-V EX-L 4WD $5,857
Ford Escape XLT 4WD $5,867
Toyota Prius $6,294
Jeep Wrangler Sport Islander Package 4WD 2-Dr $6,440
Ford F-150 XLT Super Cab 2WD $6,502
Ford Edge SEL AWD $6,818
Chevrolet Impala LS $6,825
Ford Fusion S 4-Dr Sedan $6,881
Volkswagen Jetta LE 4-Dr Sedan $6,886
Toyota RAV4 Sport 2WD $6,881
Toyota Camry LE $6,887
Ford Explorer Eddie Bauer AWD $6,940
Dodge Grand Caravan SXT $6,948
Toyota Tacoma Double Cab TRD Off-Road Package 4WD $6,940
Chevrolet Silverado LS Regular Cab 2WD $6,997
Ford Focus SEL 4-Dr Sedan $7,197
Honda Civic LX-S 4-Dr Sedan $7,206
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Data assumes single male driver age 17, no speeding tickets, no at-fault accidents, $1,000 deductibles, and Oregon minimum liability limits. Discounts applied include safe-driver, and claim-free. Estimates do not factor in vehicle location which can raise or lower prices significantly.

Based upon the table data, you can expect models like the Honda CR-V, Ford Escape, Toyota Prius, Jeep Wrangler, and Ford F-150 should be some of the cheaper vehicles to insure for youthful drivers. Auto insurance rates will tend to be more expensive just due to the fact that there is more claim exposure for young drivers, but generally speaking those specific models will tend to have the best insurance prices available.

Careless driving habits raise Portland insurance rates

The best way to enjoy affordable insurance premiums for youthful drivers is to be an attentive driver and avoid traffic citations and accidents. The diagram below illustrates how speeding tickets and accident claims influence premium costs for different age groups. The price estimates are based on a single female driver, comprehensive and collision coverage, $500 deductibles, and no other discounts are factored in.

The data charted above shows the average cost of a car insurance policy per year with no accidents and a clean driving record is $1,437. Get one speeding ticket and the average cost swells to $1,628, an increase of $191 each year. Now throw in one accident along with the one speeding ticket and the annual cost of insurance for young drivers increases to an average of $2,160. That’s an increase of $722, or $60 per month, just for a couple of infractions!

The information below illustrates how choosing a deductible can impact insurance rates when researching cheap insurance for young drivers. The data is based on a single female driver, comp and collision included, and no discounts are applied.

In the chart above, a 50-year-old driver could cut expenses by $354 a year by switching from a $100 deductible to a $500 deductible, or save $534 by selecting a $1,000 deductible. Even younger drivers, like the 20-year-old, could roll back prices up to $902 or more just by choosing higher deductibles. When increasing deductibles, it’s a good idea to have enough savings to enable you to pay the extra out-of-pocket expense. That is the one drawback of using higher deductibles.

How to find cheaper car insurance for young drivers

Lowering your rates is not difficult, and here are some of the recommended money-saving ideas that can help Portland drivers get cheaper coverage.

That last idea is highly crucial, as was noted in the prior information. Auto insurance prices vary greatly, so don’t hesitate to buy a policy from a new company if you can save money. Many consumers stick with the same company and that’s fine, but it’s not a good idea if that devotion results in you overpaying lots of hard earned cash every month. In less than five minutes you could shop around to find cheaper auto insurance for young drivers in Portland.

The insurance agencies listed below can aid you in deciding which policy fits your needs best, since some drivers aren’t sure which coverage they need and prefer to have a consultation when shopping for the best coverage for youthful drivers. It’s not always simple to find the cheapest rate yourself, and getting professional guidance from a licensed agent can add comfort knowing your coverage gives you adequate asset protection.

To locate an agency by location nearest to you, click the button after the list or click here to compare rates now.

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